Too bad it is Friday though.
We can get false signals through people taking profits that were long.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedDon't normally do continuation bars, but the weekly BUOB forming on EJ sure looks promising. If it closes above 115, it'll be tempting to go long. I see a good bit of confluence if the close is good...BRN, highest close prev resistance on weekly, consolidation box/ppz.
Rejection at 115 and I'll be looking to short back into the consolidation.Ignored
Dislikedif you guys want this kind of set up to make your PA searching MUCH easier, let me know.Ignored
Dislikedif you guys want this kind of set up to make your PA searching MUCH easier, let me know.Ignored
Dislikedunless you say nothing is free...
my small screen laptop would really appreciate it.Ignored
DislikedWell how could I refuse.
I'd be interested in a clue or two as to how to accomplish that.
BIgnored
Dislikedyou can use meta trader's inner chart windows to do that:
http://www.forexfactory.com/showpost...ostcount=85429Ignored
DislikedSo you wouldn't consider the one with the arrow in my chart as an Outside Bar? I need to study more. I was a J16 private forum member for a very short period of time, didn't learn much because I was very new and hoping for the holy grail.
Now this is the trading method I would like to trade with. Do you have an opinion Mike?
Thanks
ant-Ignored
DislikedHi and welcome to this thread Pipologist99. Below are some attachments that explain different J16 PA setups.Ignored
DislikedHere's another chart example (I also make note of the previous bar High or Low of the Outside bars), there are many other examples in the thread. Also a post with some more info ..Ignored
DislikedI meant regular pin , well supporting the recent push in the box.. If that sounds right ?
Cheers vIgnored
DislikedThis is not where we want our PBs (or our IPBs).
We have a very clear consolidation area as seen on the Weekly and Daily. These swing points at the top and bottom of this consolidation is where we want to see our PBs ..
This one is right in the middle . .who knows which way this is going to go . .makes sense to you? Wouldn't these PBs I drew be better and easier to take?Ignored
DislikedLet's see if we get a nice daily close on EA.
EDIT: M30 is showing MACD div as we approach LO.
Is this the pump for the dump?Ignored
DislikedAwesome BEOB on FGBL (Euro Bund March 11) worked like a charm, Aided by Trichet's press conference yesterday of courseIgnored
DislikedIt sure is at a good level to watch.
Same with the Usd/Chf. It will be interesting where the Weekly closes this week.Ignored
DislikedThanks Jarro
YES, I have the same areas marked on my charts on USD/CHF since yesterday.Ignored