back to the box (i prefer the bottom of the box
) or just bounce of it? 
james16 Chart Thread
- #116,421
- Aug 27, 2012 3:21pm Aug 27, 2012 3:21pm
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
back to the box (i prefer the bottom of the box
) or just bounce of it? - #116,422
- Aug 27, 2012 3:25pm Aug 27, 2012 3:25pm
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
I'm watching also audjpy for pbt...
My broker , HOT FOREX , is such an AWESSSSOMMMMEEE Broker , yet it only offers 31 FX pairs excluding this one ... It seems nice though ...
I'm gonna go live slowly in next month, with PBT method (only nicer trades
)...because this month was aaawsssssoooomeee (i'm using PBT sth about month) Almost 10% and one trade still online (but some profit booked already)...if I only could get half of it on live account - I will be happy...5 losses, 7 winners, 8 be...some losses were stupid (at least 2) so it can be better - maybe I can reach jarroo or chanya lvl in the future...thanks guys for everything
- #116,427
- Aug 27, 2012 4:10pm Aug 27, 2012 4:10pm
- Joined Sep 2010 | Status: Trader | 1,122 Posts
I feel your pain, my live broker also does not have this pair - it will be only demo, training trade
I'm gonna go live slowly in next month, with PBT method (only nicer trades
thanks...
Complement : With the agility that you are going with , you are very soon gonna be an " A " my friend ...
Human
You always use this word " sth " ... I am sorry but I don't understand it ... What does it mean ... And have you locked some profits with aud usd at the daily close 10 mins ago ??? If yes , where ???
Complement : With the agility that you are going with , you are very soon gonna be an " A " my friend ...
sth is something
Yes - audusd trade, there is a gap - I wanted closure below it, didn't get it - so i'm a little worried...I moved sl just above this gap...
Thanks - it's really great to hear this from you.
cheers
- #116,430
- Aug 27, 2012 4:49pm Aug 27, 2012 4:49pm
- Joined Sep 2010 | Status: Trader | 1,122 Posts
Human
- #116,431
- Aug 27, 2012 5:02pm Aug 27, 2012 5:02pm
- Joined Sep 2010 | Status: Trader | 1,122 Posts
Human
- #116,433
- Aug 27, 2012 7:12pm Aug 27, 2012 7:12pm
I was looking at this as well, but the bar seemed a little small. What reasons to you see to take the trade?
- #116,434
- Aug 27, 2012 7:25pm Aug 27, 2012 7:25pm
- Joined Mar 2009 | Status: Hobby Trader | 4,477 Posts
I'm already in this. My feed shows a retest of the PBT-CB level.
- #116,435
- Edited 9:32pm Aug 27, 2012 8:06pm | Edited 9:32pm
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Hi Grizly, yes, there could be more demand than supply here and price could rise up again. But you have to see these zones in the bigger picture. If the level that recently pushed price down has tons of supply in it this small demand may very well fail you. Price may cut through it and use one of the levels below as short term support. Another important thing is how price gets there. I would never trade a thing like this on its own but you can use it as a tool of confluence for J16 trading.
This is a nice example. If you see a pin in the middle...
Indicators show the past. Price Action "Indicates" the future.
- #116,436
- Aug 27, 2012 8:23pm Aug 27, 2012 8:23pm
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Let's see if this one works out.
Great monthly SP.
I have a hard time finding much importance in this monthly zone. Personally i would wait for some kind of PA before taking any long position.
All in all ,diversity of views makes this thread interesting and i hope it will work out for you
all the best
gh
Even the most recent or near term levels, given a bit of Space to breath into . . .can prove this common market dynamic of S/R to be fruitful..
Jim
Indicators show the past. Price Action "Indicates" the future.
- #116,438
- Aug 27, 2012 8:47pm Aug 27, 2012 8:47pm
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Hello,
My view of aud/jpy and my short position.
Looking good Rosa . .
Indicators show the past. Price Action "Indicates" the future.
- #116,439
- Aug 27, 2012 8:49pm Aug 27, 2012 8:49pm
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
jarroo do you like this trade?
THX
chart:
Looks good, 0421 . The Daily LCS has two levels because of the damn gaps. . . here's my chart .. Let's see if we can fill that damn gap up and continue down. .
How's that Ozzie doing mate ?. .
Indicators show the past. Price Action "Indicates" the future.
- #116,440
- Aug 27, 2012 8:58pm Aug 27, 2012 8:58pm
I'm already in this. My feed shows a retest of the PBT-CB level.
it's my point of view:
chart:
