DislikedYou guys mind if I play? Here's my chart... multiple choice from me
Huge BEOB engulfing 4 bars after a nice uptrend. Where is she likely to go?Ignored
What TF is that?
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedYou guys mind if I play? Here's my chart... multiple choice from me
Huge BEOB engulfing 4 bars after a nice uptrend. Where is she likely to go?Ignored
DislikedOk ,,,,here it is.
I think you were very logical with that area Ghous.Ignored
DislikedYes, that is why I thought your area was very logical.
BT....In the original post I asked that we keep this to no shorter TF than H4 as we don't want to encourage newbies like me to start trading H1.Ignored
This one made me loose, and I find two lessons here.
I got into trade when second bar was not yet closed, but price was much lower than RN and PPZ. What happened next is price retrace to BRN when I entered, and closed where I wouldn’t want it to close.
1) Lesson, I think if decided to enter before second bar closed, I should check how active market is.
2) I have to avoid trading when I’m in a bad emotional state.
When taking this, I heard some voice saying that I’m probably going for a revenge, because opened this position after a lost on GBP/CAD. But I ignored that voice because I was so sure that it’s a great trade, I liked so many things about it. I kind a felt like a winner for whole day without even knowing what’s happening in the market. I heard a voice saying that I cannot be totally sure to of being a winner, and agreed with it, but still, I felt great.
And when I got bad home I saw my TP hit.
By risking 1 percent, we can say nothing lost and nothing earned on this week, but some experience gained.
And here’s a joke:
Most of people like it doggy style. Most of traders like it doji style.
DislikedDang Pinbar... nice job
These always use to get me because I would fall in love with the bar. Sorry about the TF Pin, missed that part.
-- DannyIgnored
DislikedGood one though....
What do you guys think about that bar taking the high out, was it a valid red flag?
I think it is Ghous'es turn.Ignored
DislikedIsn't that the point of an engulfing bar... to make a new high, catch some buyers, and then close strongly on the other end. Otherwise it's not an outside bar. Did I miss something?Ignored
DislikedI think I inadvertently threw Ghous off by saying he needs a more tricky one.
The market does not say it is tricky or not and so, I think I biased ghous to that setup. Let's not say anything about the bar but perhaps we shuld avoid IPB as we can not see price.Ignored
DislikedI think I inadvertently threw Ghous off by saying he needs a more tricky one.
The market does not say it is tricky or not and so, I think I biased ghous to that setup. Let's not say anything about the bar but perhaps we shuld avoid IPB as we can not see price.Ignored
DislikedI think we can include price levels.
(Exclusion of IPBs is still a good idea IMO)
what do you guys think about this one? (daily chart)
g.Ignored
DislikedYou got that right again.
Those 2 pivot areas is exactly where price flipped.
Simple isn't it?
g.Ignored
DislikedHi ghous, pinbar long time...anyway just catchin up with the last couple of hundred posts, since my last post....nearly there.....Ignored