DislikedI am staying out on this one. Size isnt there for me.
Was there a pun intended about picking your nose?Ignored
Trade Smart
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedI am staying out on this one. Size isnt there for me.
Was there a pun intended about picking your nose?Ignored
DislikedWell just wanted to point out and as a matter of fact in one of your
webinar videos u explain this sort of set up very well. Thanks for the
reply and caution issued for the newbies should they take this bar
1.61845 for a price action ( mid flip zone and will be 50% retrace of the recent up move)
Am i on track here chiefs? )
Cheers
VIgnored
DislikedHey Patrick
No concern really, that's more of a bull bar as the nose and body of the bar are about equal lengths. A bit of a stubby bull bar coming of a strong down trend. So I will just watch and see how thing coming days unfold, nothing for me to worry about yet
Best
MikeIgnored
DislikedI am staying out on this one. Size isnt there for me.
Was there a pun intended about picking your nose?Ignored
DislikedWOW Jim,
You just explained the fallacy I've been falling into for the past few weeks. I now realise where I am, I am definitely the second category you described above, and the AUD/JPY is a great example of why I am in this category. i can see it happen infront of me but I just can't trust myself. Then I BE or close out to see it run, ironically this has been happening in all the trades I've taken so far, it drives me crazy.How can I overcome this???
Just went through SR2's post, clear evidence support this same view. This stuff works....Ignored
DislikedThis was just me being cute to my previous post refering to SR2's great analysis on the PA setups.
Interesting . .looks like that BUOB on the A/J is getting close to its target . ..go figure . .(me being "cute" again.)Ignored
DislikedYeah, i saw it later when i already got out LOL My own fault, though -making compulsive trade out of fear of missing out. Still working on that
RESOLUTION:
Next time i see a CT setup after a strong move - I will only take if the PA bar is enormous (and preferably) with divergence. Other than that I'll pass.
Interesting spot thoughIgnored
DislikedHey Ghous,
Thx for your answer,
I saw the 1.35 as the ppz and 1.36 as FTA cause price got there (1.35) and created the IPB, so saw it as "against the wall" that's why i took it as 1.35 is a VBRN + proven ppz.
What do you think of todays EU IB ?
1.3850 strong ppz + double top, kind off M pattern
FTA 1.3750 - 1.3730
Thx
Os.Ignored
DislikedGood area, but that pin is way to small for my tastes at least, woulda luved to see a nice big pin there.Ignored