Jarroo Sir , What do you think ??? Legit ???
Human
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedJarroo,What do you think about this?I understand that the level of 1.2486 is not broken, but still!?AttachmentIgnored
DislikedYes it break through but did not close Above . .that's very important ..
That's way I don't like this method being called PBT (Price Breaks Through) . . Price always breaks through levels and what not . . the important part is the CLOSE.
If anything, it should be called PBTC . .PBT and CLOSES.Ignored
Dislikedso I do not even think of going about this. Only a close above the level. Sorry. was just wondering!Ignored
DislikedHave a PBT&CA situation here. I have concerns about the wick being so large. Not sure if I'm overcomplicating or not.Ignored
DislikedThat was your post on the GbpJpy audioslave ? I saw that post breifly and wanted to comment on it at the time but then couldn't find it again . .
You're nailing it right on the head . . .nice work . .
JimIgnored
DislikedSorry for my little rant, brzvadeg . .I didn't mean to direct it to you.
Check this level on the EurCad , 1.4214. .something to watch .Ignored
DislikedYes it was, but eventually i left that setup after price closed way too high that day and too close to my FTA. Was hoping for close just 10-15 pips above HCR and quick retest next day, lol.
Now i have this new 1h weapon and will be prepared for this kind of setups.
Thanks Jarroo.Ignored
DislikedOf course, I missed something it 1.2414. simply the price gone up so much that I have removed the level 1.2414Ignored
DislikedJarroo i have a question about Daily Close Confirmation, please look at those two charts and explain: Is it necessary that cofirmation bar touch our hcr/lcs level or it's enough that close of the bar is above/below hcr/lcs level?
Charts:Ignored
DislikedUsdSgd . .Yes that's correct . .That's a Daily Close Confirmation of Resistance . . .meaning that Support level (LCS) has flipped to Resistance.
Let's see how it plays out . .Ignored