![](https://resources.faireconomy.media/images/emojis/64/1f44d.png?v=14.0)
weekly looks even better...
Where can I learn more about Price Action like those in James16 charts? 9 replies
Dislikedmike i think this question was asked here before, but as ur faithful disciplei would like to hear it from u .. why more often price retraces back to the turning point ? like for instance for a beob ,buob, pin etc..... is it because of supply and demand ?
Ignored
DislikedUSD/CHF
a nice PPZ, many space ahead, i would like to see a retest of the blue area and a nice strong move down
AttachmentIgnored
DislikedDo you have some fast calculator which calculates the amount of volumes for 2% risk?Ignored
DislikedUSD/CHF
a nice PPZ, many space ahead, i would like to see a retest of the blue area and a nice strong move down
AttachmentIgnored
Looks like the perfect place for mike, jarroo, classic J16 to come together. Currently biased to look for bullish PA here, but open to a bearish signal if price close below the 9300 RN.
DislikedHi Jarroo please can you clarify for me something that I am not clear on.
On the recent NZD CHF chart the the HCR is on the top of a bearish candle. I appreciate it is at the highest point of the swing high. I had it in my head that HCR should be on the top of a bull candle (as that is where the candle closed) and the opposite way around for LCS (at the bottom of a bearish candle).
Or is this the the Damn Gaps and you do take the level at the highest point in this example.
I hope my question makes sense and thanks once again for your help, Alex....Ignored
DislikedHad the same questionHe said that this is a LCS , but he didnt say why. I assumed because of the gaps.
Ignored
DislikedDo you have some fast calculator which calculates the amount of volumes for 2% risk?Ignored
DislikedIgnored
DislikedHello,
Another question about levels. On this chart (daily aud/cad) we have hcr level from past, which was pbt&cb and next daily bar pbt&ca it. So was there right setup to take short ? Or maybe some other comments ?
Ignored
DislikedExcellent chart as always, 0421Yes that is a perfect Take Profit level . . .Why? . .because if PBT&CA it, you can always re-enter the trade long.
chart . .Ignored
DislikedSorry for the delay but here is my chart. Should I wait for the retrace and then enter or if it doesn't retrace look for the next level?Ignored
DislikedJarroo are you watching this potential setup yourself ? What are your thoughts on it as a short opportunity ? Since price has tested the level (low) and closes above will you be looking for a long at a retrace the the LCS ?
AttachmentIgnored
DislikedI am assuming that this setup will be valid only if today's candle closes below the HCR level on the left, right? And that is when u'll enter, isn't it?Ignored