This seems to represent indecision/fighting over current price... between 1.59 and 1.5850.
Someone will win. i'm studying it.
Someone will win. i'm studying it.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedThis seems to represent indecision/fighting over current price... between 1.59 and 1.5850.
Someone will win. i'm studying it.
AttachmentIgnored
DislikedHelo every one here...
im new here on James16 chart thread. two or three years ago one of my friend's friend i met to, suggeted me the world of forex. I was studing my masters at that time. I sign up to ff but could not get things into my head.
then i startd trading and traded occasionally on demo but blown all my accounts. just recently I opened a real account with $500 ...but now i have just $345 in it...
Having lost my real money I got serious and contacted one of the guys following James16chart, the GHOUS. he is helping...Ignored
DislikedQuestion for Mike about double flags as we have on GU right now.
The pole A projection seems to have a logical place to go to, that being the 1.6000 area. The flag B projection does not seem to fit in a bullish rally.
Does this mean we may turn Bearish and it may test the 150 EMA, or am I thinking too much about this?
The double flag seems kind of weird somehow, can't recall seeing this before.
Thanks in advanceIgnored
DislikedHelo every one here...
im new here on James16 chart thread. two or three years ago one of my friend's friend i met to, suggeted me the world of forex. I was studing my masters at that time. I sign up to ff but could not get things into my head.
then i startd trading and traded occasionally on demo but blown all my accounts. just recently I opened a real account with $500 ...but now i have just $345 in it...
Having lost my real money I got serious and contacted one of the guys following James16chart, the GHOUS. he is helping...Ignored
DislikedHelo every one here...
im new here on James16 chart thread. two or three years ago one of my friend's friend i met to, suggeted me the world of forex. I was studing my masters at that time. I sign up to ff but could not get things into my head.
then i startd trading and traded occasionally on demo but blown all my accounts. just recently I opened a real account with $500 ...but now i have just $345 in it...
Having lost my real money I got serious and contacted one of the guys following James16chart, the GHOUS. he is helping me...Ignored
DislikedHey Aslam
Welcome glad to see you digging through this head
That chart is a TBH(two bar high). James could have put two arrows to show the matching highs but he used one big arrow. Notice the highs are matching. When multi highs/lows break they are often a sign of continuation(resistance breaking).
Similar to this
http://www.forexfactory.com/showthre...7911#post17911
Again welcome and best of luck
MikeIgnored
Dislikedgoing to short GBPUSD... entry caused by BEOB at channel top TF H4. target channel bottom and maybe more. stp above1.5930 - approx 80 pips. range play.Ignored
Dislikeddang. the built in "expert adviser" of the james16 thread beat me to it.
g.Ignored