DislikedYes this one is awesome example!!! I look for those too, but something doesn't let me pull the trigger. So I stick to those at swings for the moment.Ignored
Best
Mike
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedYes this one is awesome example!!! I look for those too, but something doesn't let me pull the trigger. So I stick to those at swings for the moment.Ignored
DislikedHi traders
Tbh I think these trades are the sweetest out here and very J16 (Get well soon!)
Entry:1.0828
Exit: 1.0943
SL: 30 pips
- Break of old resistance with Pin confirming new support
- Pin with bullish close off RN
- Minor FTA May 10th high
- Good space to TP 1 AT April 28th high
- Trading with HTF trend
With this one I chose not to get my SL up to break even once price was up 50 pips and I was lucky because of the SL hunt at the London Open.
Happy trading
AnthonyIgnored
Dislikedhey mebius
That is not divergence so I fixed it and showed an example on your chart
Best
MikeIgnored
Dislikedthanks DeanKenny!
you took the 1HR Pin and bought at almost the cheapest price going
well done!Ignored
Dislikedhi guys,
The trade i have taken today , eurgbp double bar with the trend .
Not a good set up i would say i think wont even qualify for trading with some seniors rules but some facts really encouraged me to take this trade .
Close above the consolidation ( i think this wud help to clear FTA )
With the trend set up.
comments appreciated
regards,
kunalIgnored
DislikedHey there trader,
There is a lot going on above and at that trade. This would be something that I would be very agressive with my money management. It is not what I would consider to be a very high probability trade so do not be surprised if it does not go your way. That having been said it seems as though you are aware of potential trouble areas going on in the chart.
RyanIgnored
DislikedSilver has got my attention.
Daily close above 40.00, PB on 4h. I wonder if the BRN and recent trendline will hold?Ignored
DislikedThat can be considered SFP on the D1, 5.25 so I would say caution is needed for longs.
TomIgnored
DislikedI thought this Weekly HCR was going to hit first and it still may get hit.. all in all, a good stop loss placement (or entry) for the Daily . . .Ignored
DislikedHey 5.25 looks like the 40 is now a Support level from its previous Resisatnce . .Why? . . because PBT&CA. . .
I believe the SFP worked great as expected . .all be it breifly to its newly formed Support level. . .Thanks Tom
More closes above those Highs would be nice . .
JimIgnored
DislikedHey 5.25 looks like the 40.00 (40.05 to be exact) is now a Support level from its previous Resisatance level . .Why? . . because PBT&CA. . .
I believe the SFP worked great, as expected . .all be it breifly to its newly formed Support level. . .Thanks Tom.
More closes above those Highs would be nice . .
JimIgnored
Dislikedhi guys,
The trade i have taken today , eurgbp double bar with the trend .
Not a good set up i would say i think wont even qualify for trading with some seniors rules but some facts really encouraged me to take this trade .
Close above the consolidation ( i think this wud help to clear FTA )
With the trend set up.
comments appreciated
regards,
kunalIgnored