That looks like a retest of the PPZ with confluence from the Fib, the 150 EMA and strong Bullish momentum, No?
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHey , it was you who said to me last night to watch this cross remember ??? I was seeing nothing specific or eye catching on it , neither am I now ... I am just making assumptions what you meant when you said this to me
NOT COOL
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DislikedThat looks like a retest of the PPZ with confluence from the Fib, the 150 EMA and strong Bullish momentum, No?
AttachmentIgnored
DislikedI never saw anyone mention the giant daily pitbull BUOB on Natural gas last week. Does Mike or anyone else have any thoughts they wanted to share about it? I liked it's size, location, and the fact that it engulfed a range of bars preceding it. My FTA would of been around 2.70-2.75 had I played it. It also translated into a BUOB on the weekly chart.
Just trying to strike up some conversation with you friendly folks. :-)Ignored
Dislikedhuge bar minor swing point. Not a ton of confluence. These bars usually get us to our FTA though which is the first blue box, with the major area being the massive resistance at the swing high. I like big bars though
Best
MikeIgnored
DislikedHey Rico
I am at the point where I actually don't mark them up except for maybe a couple lines here and there(a pattern, TL, and my BRNs) all the other things like PPZ I can just see. I only mark them up for teaching purposes. I do think it's important to mark areas when starting out, but the way to prevent the clutter is mark the MAJOR areas of confluence. That way your charts don't look like a laser show.
Another trick is to stick to analyzing the same timeframe. So often I see people mark up a monthly, weekly , daily ppz, confluence and...Ignored
Dislikedsweet. Appreciate the chart.
Is there a thread like this over at j16group?Ignored
DislikedI'm going to chime in on this if you don't mind.
I like analyzing the pairs on Sunday and just placing lines at vital areas for the next week. I look at weekly and daily, then just plot a couple spots on the pairs where something sticks out most.
A good example right now on GBP/USD I have a horizontal line placed @ 1.5600 because I am anticipating price to find good support there.Ignored
Dislikedhey Fox
We have lots of that stuff, depending on instructor. Myself I do my trading in my section and send out emails. That was an email I sent out but I post them from time to time here for everyone as well to help out
Best
MikeIgnored
DislikedHi mate,
do u mind share the marketinformation in right corner?
Is that an indicator, the time from london new york etc?Ignored
DislikedS/R Levels (4 hour) and Daily Pin Bar on the GBPJPY.
Bigger trend : down. Pin Bar : up. Where will price go?Ignored
DislikedLooks like this was potentially a nice Dan Gilbert I4B special :-)Ignored