DislikedUSD/JPY
on the first sight a nice BEOB, or? But this one is really tricky, look on this lovely PPZ area and beautiful S/R flip...could shoot up on Monday
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the whole world is short on this one...i disagree
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedUSD/JPY
on the first sight a nice BEOB, or? But this one is really tricky, look on this lovely PPZ area and beautiful S/R flip...could shoot up on Monday
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DislikedHey Karl
Yep you can use a proxy bar just as you show but be VERY careful> Often a proxy pin is a very weak closing bar and if we aren't extra careful these catch people and price goes the wrong way. So I suggest being new to focus on strong closing pinbars first.
The daily would be a BEOB not a BUOB(maybe a typo). One thing to do is keep your timeframes separate. For example the BEOB may trigger and pull us towards the FTA around 79~ and then price move back higher. So that would make the BEOB successful on the daily but that could mean...Ignored
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DislikedHey Mike
good luck today. i hope everything is and will be fine.
Fingers crossed for everyone there...
Regards
MarcinIgnored
DislikedThanks Marcin
Floods are getting very bad and it hasn't even got here yet. It's looking as bad as they are saying
Hope for the best for everyone in its way
MikeIgnored
DislikedThanks Marcin
Floods are getting very bad and it hasn't even got here yet. It's looking as bad as they are saying
Hope for the best for everyone in its way
MikeIgnored
DislikedThanks Marcin
Floods are getting very bad and it hasn't even got here yet. It's looking as bad as they are saying
Hope for the best for everyone in its way
MikeIgnored
DislikedHey Zee
You can trade anything you want that's the beauty of this stuff. A good mt4 broker in terms of charting is fxpro they give you a lot of pairs and some other markets to check out. If you are looking for a LOT more stuff try a platform like Think or Swim. Here you can find everything
Welcome to the thread and ask more questions if you need
MikeIgnored
DislikedIgnored
DislikedHi Everybody. What is the problem with this marked pin bar?? Was it wrong, or it was not a good pin? Or i have to accept it, like a loss. It was a backtest, but all my wins makes these pins to loss.Ignored
DislikedThanks Marcin
Floods are getting very bad and it hasn't even got here yet. It's looking as bad as they are saying
Hope for the best for everyone in its way
MikeIgnored
DislikedHi Everybody. What is the problem with this marked pin bar?? Was it wrong, or it was not a good pin? Or i have to accept it, like a loss. It was a backtest, but all my wins makes these pins to loss.Ignored
DislikedThank you Mike, I'll not look proxy bars until i get some experience. It was good to declear, because i thought i can use the them every time. Also useful what you said about the time frames.
I found an other setup, hope that will be better:
+Strong resistance
+Fib level
+BRN
+Some MACD divergence
So, if i get a good PA than that's would be a good trade i think. Any opinion?
I would be happy for any comment!
Thanks,
KarlIgnored
DislikedThanks Marcin
Floods are getting very bad and it hasn't even got here yet. It's looking as bad as they are saying
Hope for the best for everyone in its way
MikeIgnored