all is eternal - this is good news for people who loves bad news
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHey guys,
A spectecular "Fake Out" is just forming at 1,3 level on EURAUD with head and shoulders formation.
I am quite sure that the presence of the fake out formation and the strengthness of 1,3 level cannot be questionned. IMO there is fairly enough space for the trade.
Howrever this trend is extremely powerful I am not sure how wise it would be to fight against it even if with the support of a strong fake out/head and shoulders formation.
What do you think?Ignored
Dislikedthats incredible- u must have balls! now ur in loads of profit! well played buddyIgnored
Dislikedthanksentry is not the main task for me - i am training myself in order to reach my targets rather than jump out of trades on every smelly occasion... for that i would like to have a real cold steel hi tech balls lol
Ignored
Dislikedlol - you're much braver than I am meshka. Took 1/3 profit - chickened out at the weekly trendlineHolding the rest though.
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Dislikedheard great things about this thread, I'd like more experience with PA and SD...
there is a pdf or a written guide in here? with candlesticks instead of the bar charts James used?
I've been using candlestick charts from day one and cant seem to get the hang of the bar charts lol
thanks in adv for any pointers!Ignored
DislikedHey Connected
Welcome to the thread
Here is a brief post with the basic bar formations we use as well as some terms you will see thrown around
The chart is in a bar chart, but I used candlesticks as do many others as well it becomes easy to spot the differences
http://www.forexfactory.com/showthre...41#post6348641
You can check out a lot of my attachments as I have switched over to candlesticks long ago(just a visual preference but same information)
Welcome and if you have more questions let us know
MikeIgnored
DislikedFor last 2 years i wanted to start with this thread. But seems to me i won't be able to start.
If there is a summary of this thread then please give me the link.Ignored