hi guys...
i see a bearish divergence at daily n pinbar...
a solid reversal??
any comment are welcome...
regards.
i see a bearish divergence at daily n pinbar...
a solid reversal??
any comment are welcome...
regards.
Peace Yo!
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedEntered a trade on usd/sgd 1.22355 with SL 1.22392. (Just for the record). Touched my hcr level. Let see how good I was reading the chart.Ignored
DislikedYou based a trade on the HCR SOOOO far back ? Move to BE as soon as you can if real account ... If demo , do what ever you want .Ignored
Dislikedhi guys...
i see a bearish divergence at daily n pinbar...
a solid reversal??
any comment are welcome...
regards.Ignored
DislikedHey L
I have a pending sell on a retracement which is something a bit more advanced. You could also be looking to trade a berak of the BEOB low outside of the wedged area as well.
The BEOB is our PA
Best
MikeIgnored
DislikedYou based a trade on the HCR SOOOO far back ? Move to BE as soon as you can if real account ... If demo , do what ever you want .Ignored
DislikedHi Mike, When u have a BIG weekly PA and it matches the story for you to take it. Would u then manage it on the weekly with stops, FTA etc. or will you treat it as a bias and go look for an entry on lower TF?
stop is of course a stop, and x% is x%, no matter how many pips the stop is. but just wondering from a time perspective how you look upon it.
Thanks
LehmannIgnored
DislikedIm in this play right now as i tend to take pin bars aggressively.
the pin bar is at Resistance and so far today the right eye is yet to break the left.
Higher time frames are so much better for good solid plays.
Jim and all PF crew thank you so much for this thread, i would be no where with out itIgnored
DislikedBe careful - we were talking about it some time ago - pin is relatively small, strong uptrend, brn and hcr just below it...Ignored
DislikedHi Guys,
Just a quick question. I normally trade daily pinbars only. I am also now considering weekly trades.
When trading weekly trades, how long would you give for the trade to trigger before you would consider cancelling the trade?
ThanksIgnored
DislikedHi Mike how would you look to enter, would you want a close below BRN and what time frame would you consider 1H, 4H or daily.
For me I think I will go with the daily and look for a retrace to the BRN and HCR
Thanks AlexIgnored
Dislikedyep for sure C
A good sell is something like selling the euro at Fridays high(at/near it) with a real tight stop say above 1.32O(using the round number as protection if its a protected level). It's a pretty aggressive trade but in a market like this a risk of say .25% and you could get a run back to 1.3 pretty easy if the buys all start to jump ship/stops hit etc.
Of course this would be an aggressive trade idea but the market is at a pretty important level(at least for a retrace). If not looks like 1.35 is in the works(now or after the...Ignored