DislikedHey Mak
I see you are new, welcome to the thread
Here were my thoughts on this one
http://www.forexfactory.com/showthre...61#post4433061
Let us know if you have more questions
MikeIgnored
Thanks a lot. You people are great.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHey Mak
I see you are new, welcome to the thread
Here were my thoughts on this one
http://www.forexfactory.com/showthre...61#post4433061
Let us know if you have more questions
MikeIgnored
DislikedHi folks
I am in a GBP-CHF breakout trade and saw an opportunity for a similar trade on the USD-CHF.
Firstly, are both these pairs correlated and secondly is it advisable to have two positions with the same counter currency/
Thanks
AnthonyIgnored
DislikedHi everyone,
I haven't written anything in a long time, but have been reading all posts with great attention. I really liked (and I still do!) Jaroos charts, becouse I understood them and i felt like I really can draw these fantastic PPZ and that I understand the PBT&CB/CA techniqe. But it didn't work out in my trading. I just always wanted to touch trade, and no matter if I was right or wrong, I'd always loose. I've read so many times about buying/selling at the BRAKE of the bar, but i ALWAYS wanted to enter earlier and 90% of the time it was a...Ignored
DislikedThank you Mike. I traded this PB in my demo account. I entered at 1.6165 and exited at 1.6240. due to this tight range. I know it is in 'traffic' as you mentioned in your movies in the guest section. Those movies are very good if anyone wants to learn (from all of you).
Thanks a lot. You people are great.Ignored
DislikedHey Danny
Yep that could be it. I have a different feed then you , but that is the general idea of what I look for in breakout and pullbacks. As long as that is not a sunday bar(can't tell)
Best
MikeIgnored
DislikedGood stuff Mike, it's important to find what techniques will work best. Trial and error , and it becomes a bit easier over time. I am like you and like to wait for a break for confirmation, suits me better.
Take care
MikeIgnored
Dislikedhi all,
eur/gbp looks like is going to close as a pin...going to take it.
will move stop to b/e at 0.8500 and let it ride to 0.8475 take half off and than look to get to 0.84Ignored
DislikedOne of my trades: eur/aud
http://img263.imageshack.us/img263/5816/euraudk.gif
1. Nice 1H pinbar
2. 50% retrace
3. Strong PPZ on the daily
4. After that 1H pinbar where was a 4H pinbar which made me more confidentIgnored
DislikedProbably my dumbest or unlucky trade in last few months
Today i open a trade at gpb/usd based on few corelation with fibo and bla bla bla and coz of the pin bar on daily and wery nice pin bar on 4h .
But had to run some where and didnt take time to decide where to put my ST so i left it at 30 pis some where in the midle of the 4h pinbar wick .
Got back home and saw huge move up and said nice +150 pips since firtst TP was set exactly under reseistance . But my ST loss was taken out by a pin bar on 5m time frame for like 1 pip ... see the...Ignored
DislikedI think this is a good set-up. GJ DBHLC on the Weekly. Top of the consolidation area. Off the BRN 135.00.
A difference of 5 pips should be ok on the weekly TF.
0908
AttachmentIgnored
DislikedHi everyone
Mike (mbqb11), this is what i asked you the other day. Does this what a breakout +retest supposed to look like? Price breakout of a wedge, the next bar retest the break and formed a bullish PB.
Thanks - DannyIgnored