Hi guys,
is this one worth anything ? Tell me what you think about my thinking
There is gap above so I will be careful.
is this one worth anything ? Tell me what you think about my thinking
There is gap above so I will be careful.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHi guys,
is this one worth anything ? Tell me what you think about my thinking
There is gap above so I will be careful.
AttachmentIgnored
DislikedI think you should be very careful with this consolidation and all the bar lows you are getting into . And you're already there . Not a bad idea to tighten your stop or go to breakeven .Ignored
DislikedHere I am :
my first trade this year
Pin bar off PPZ and RN 1.5400
Breakout and pullback wedge formationIgnored
DislikedMaybe this is why Mike doesnt enter a break just because it broke. Gave it a try with an ultra micro tiny position on demo, just to have a record of the result and could see it over and over again in the future, and definitively is a bad strategy.
I posted here so you can have a record too, lol
Could have closed it on the break of the beob, but wasnt really following that close (bad strategy too, lol)
Have to read carefully what this experts write, their advise comes from experience, and their experience is priceless!!!
Best wishes
Hector...Ignored
DislikedHello every1
I will post gbp usd result when i stop kicking my self with trade management, lol.
I just found this trade, and i wanted to post it. Any feedback really appreciated.
4 Hr BEOB is already on (low is broken), and daily pinbar forming. Could enter on retrace to the 4Hr beob low.
I know it is a beob on swing low, but location seems good to me, because it is a rejection of an important previous swing low. Kind of space (because it is on a mini take profit move), but with the trend, and no divergence found.
If we break previous...Ignored
Dislikedthanks for taking the time to comment Hector. I do realise a close of BEOUB/DBHLC etc on or below the VBRN would have been better - and i do acknowledge that in my ramblings above. I also probably took your chart too literally.
Whether the price reaches where you point out now or in 1 or 2 weeks hardly matters anyway, it's whether it gets there that matters to me!
I find it odd that nobody else comments on this though. Price has pushed below a solid VBRN, retraced and formed valid PA to go short in my opinion. So far nobody has given me reason...Ignored
DislikedHello Rust, probably you already saw it, but take a look at the daily!!!, It could be a looooong ride down!!!, too early, but it could become even a beob!!!
Best wishes
HectorIgnored
DislikedWe mentioned here yesterday evening that the Euro pairs bounced off some nice words from Draghi.....
As soon as the bull PA formed, the next morning i'm seeing bear PA, which is following the trend.
When i'm looking for a reversal i'm hoping to see more evidence than the break of a trendline. Divergence, big pinbar/BUOUB, double bottom etc.
i'm still short the Euro.Ignored
DislikedHey Hector ,
yes I did see it . There is some time till bar close of course
Too early to say , but if end as a nice bearish bar I may consider to manage it as i took it on dailyIgnored
DislikedHey Hector ,
yes I did see it . There is some time till bar close of course
Too early to say , but if end as a nice bearish bar I may consider to manage it as i took it on daily
edit : chart - you may be very right I hope soIgnored
DislikedI think a demo of this is a good idea m8. tight stops etc
EU has plenty of room to run to meet lows of a couple years back.... could still be loads left in that oneIgnored