Dislikedhavent checked many pairs, but..
i think eur, aud, gbp upmove have lifted chf crossesIgnored
time will tell..
sent you that PM
jon
PATIENCE... DISCIPLINE
Where can I learn more about Price Action like those in James16 charts? 9 replies
Dislikedhavent checked many pairs, but..
i think eur, aud, gbp upmove have lifted chf crossesIgnored
Disliked4hr trade on EUR/CHF
- BUOB engulfing 3 previous bars
- Excellent location, check 1.2730 ppz on the daily
- 61.8 FIB
1.2840 Take profit
Os.Ignored
Dislikedthanx for you input , its not often we see the eu and the us move in tandem, even in this short term view. just found it interesting. dont think it will last long though ..you?
jon
p.s. that bundy quote is hilarious!!Ignored
DislikedI've been away for a bit, haven't able to tend to the charts (family medical issues), but wanted to point out (IMO) for touch trading what a great location this was for trading. That daily PPZ held nicely.
Big thumbs up to you OSIgnored
DislikedHello
What do you think about this?
Entry on break of BUOB. Short stop below 6300.Ignored
DislikedHi V
Before taking a trade, always establish where your FTA is.
Here you will see your FTA is very close.
GU is in an H4 flag pattern. If your BUOB had closed outside the flag, I would have paid it attention.
The trouble here is that it may well bounce down from the top of the flag
Best
IfIgnored
DislikedHi V
Before taking a trade, always establish where your FTA is.
Here you will see your FTA is very close.
GU is in an H4 flag pattern. If your BUOB had closed outside the flag, I would have paid it attention.
The trouble here is that it may well bounce down from the top of the flag
Best
IfIgnored
DislikedIfmyante, Thanks a lot for giving such a logical explaination.
It helped a lot to see price movements clearer.
Thanks
AndreasIgnored
DislikedThanks for reply.
What can be FTA?
1. Recent highlow.
2. PPZ.
3. Consolidation borders.
4. TL's
5. RN's
6. something else.....
If possible, place on your opinion in order of importanceIgnored
DislikedHey V
Since FTA is the very First trouble area it can be any of the above, and not necessarily one more important then the other. It depends on that specific situation. The FTA is nothing more then the first point that price may find trouble and from there we can be more logical in our trade planning
Take care
MikeIgnored
DislikedThanks for reply.
What can be FTA?
1. Recent highlow.
2. PPZ.
3. Consolidation borders.
4. TL's
5. RN's
6. something else.....
If possible, place on your opinion in order of importanceIgnored