DislikedHey Husky
If you look at my line you can see it hitting more concrete points to me making it more accurate
Of course that is just in my opinion
Best
MikeIgnored
don't follow me
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHey Husky
If you look at my line you can see it hitting more concrete points to me making it more accurate
Of course that is just in my opinion
Best
MikeIgnored
Dislikedanother one, are here all the conditions like they should be, shape fine, at swing low and about space ?Ignored
DislikedHey Husky
Have you seen my video on space vs traffic?
Here's a little test for you
Check out that video then draw where you believe the space is. THen part 2 of your test is fine the pinbar setup with a lot of space and a swing high. Part 3 is then compare Parts 1 and Part 2.
i hated homework my whole life, but I think this one may help you
Best
MikeIgnored
DislikedHey Husky
Have you seen my video on space vs traffic?
Here's a little test for you
Check out that video then draw where you believe the space is. THen part 2 of your test is fine the pinbar setup with a lot of space and a swing high. Part 3 is then compare Parts 1 and Part 2.
i hated homework my whole life, but I think this one may help you
Best
MikeIgnored
DislikedConclusion, no space just traffic. PB at 03/1997 has a lot of space on the left at swing highIgnored
DislikedHas anyone ever traded the monthly pin bars? I am very tempted to do it, the only thing that scares me is the large SL and the probably giant fluctuations that the pairs will experience.Ignored
DislikedCome on Baby!
I think it is time to switch to the Monthly TF on all our charts.Ignored
DislikedHello lovely M,
think of FTAs as either a road hump/pothole or a wall:
if it's a pothole/road hump, a car can get some (minor/major) trouble in/with it but the car will/may be able to pass through it.
if it's a wall, & u ram your head into it, then your head will ache or u will go
now are u ready & able to identify FTAs? (dont forget to categorize them as humps or walls)
[& dont forget that FTAs are S/R's or PPZs --- zones --- too]
(to answer your question... yes, the chart's FTA is very close)...Ignored
DislikedSC, that's great! Humps, potholes or walls.
When you have a moment, could you post some charts that show a Hump, Pothole and Wall?
This would be GREATLY appreciated!
I have my idea of what these are but would like to compare it to others viewpoints.
Wonder if Mike could jump in on this too????
I base my trade management on S/R after I enter, or as it's referred to hear, FTA, and depending on how strong the First TA or Second TA, etc is, I'll trade accordingly. BUT sometimes the Humps end up being walls.
I suppose this is just trading, but...Ignored
DislikedHey C
If you have some examples of trades you might want to look at let me know and I will do my best.
I basically judge exactly what you said above. I determine strength of my setup vs strength of upcoming trouble areas and manage according to how I feel about that.
Best
MikeIgnored
QuoteDislikedBUT sometimes the Humps end up being walls.
QuoteDislikedI determine strength of my setup vs strength of upcoming trouble areas and manage according to how I feel about that.