DislikedI guess the market couldn't find a reason not to go short either, Peter . .
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Great stuff Jim, thanks for comments.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedI guess the market couldn't find a reason not to go short either, Peter . .
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DislikedSorry - maybe stupid question. Do you see a break up or break downwards?Ignored
DislikedI choose this one for my 1st live trade
Great stuff Jim, thanks for comments.
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DislikedHi, EurCad fromed a pinbar yesterday. It hasn't been broken yet. It closed just under 13000 - would this put you off taking it? If it does break it will be rising over the BRN and also 2 WLCS (for all you Jarroo fans out there). I suppose the question is: would you trade it??Ignored
DislikedLooking good gado . . . You can also use the Daily targets (Daily Highs and Lows) to manage your trade.Ignored
DislikedRight... sir. Daily target is good too. Final.. got out at 8000ish and becuase the last day trade of this week... Price is reaching LCS Daily or HCR weekly probably will show a new setup...Ignored
DislikedNot sure where you got your Weekly Lowest Close of Support (LCS) levels, h2. . .then again I can't see them on your chart.
maybe I can help . .
There were 2 Weekly LCS levels . .2 levels but one Swing Low because of the damn gaps . .
These 2 WLCS levels were the only ones relative to current Price over the last few weeks. Throw in the Daily LCS levels and it gets interesting.
Were these "blue arrows" long crazy levels to enter? . .not if you're a Jarroo Fan and know how to trade them. .
I know what you're asking yourself. .Could...Ignored
DislikedHey Lefty
Forex is not a centralized market so there is no set open and close time. But price itself is the same. Price never changes it's only the way those bars are aggregated together. The success comes in understanding price, what we call confluence, location or I call the story of price. Many of us like to use a 5pm et close, but I know many who use a 7, 8, even a 12 close. Once we learn how it's all about so many different factors and not just the bar then it becomes easy to understand that the aggregation of the bars will not impact...Ignored
DislikedYea, even though i'm in London. I use New York as my close of day, because thats when the volume lowers for a bit until london opens again. I also trade US Shares too.Ignored
DislikedGBPUSD is dropping into a nice area to watch at week's open. Confluence:
- weekly HCR
- Round Number
- Weekly 150 ema
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DislikedThat's part of it Bones . . not just a Break . .but a Break Through and Close Below.Ignored
DislikedGBPUSD is dropping into a nice area to watch at week's open. Confluence:
- weekly HCR
- Round Number
- Weekly 150 ema
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