Doesn't look so hot now, does it?
The PB broke by almost 10 pips and if you had taken it, you would now be either stopped out or sweating it out, with a 200 pip draw down, with the SL above the bar.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedDoesn't look so hot now, does it?
The PB broke by almost 10 pips and if you had taken it, you would now be either stopped out or sweating it out, with a 200 pip draw down, with the SL above the bar.Ignored
DislikedDoesn't look so hot now, does it?
The PB broke by almost 10 pips and if you had taken it, you would now be either stopped out or sweating it out, with a 200 pip draw down, with the SL above the bar.Ignored
Dislikedcouple charts I am watching, nice confluence level that gets my attention every time
MikeIgnored
DislikedHey Dan
I scan the Russell3000 once a week. Sometimes I don't make it through all of them but that's generally my goal
Best
MikeIgnored
DislikedHi guys ;
Isnt it a retest after the enfulging bearish pattern ?
Regards...Ignored
DislikedHi selym,
I think that in order to be bearish engulfing bar, we need high of the bar exceed previous barīs high.
MavIgnored
DislikedHi Mike,
Thanks for your analysis
I got a problem with your posts though: it makes me look at my charts aiming at finding the same sort of setup...
Can we consider, H&S put apart, that the NZDCAD shows the same sort of confluence?
0.84RN is a major PPZ, price has tested it quite often these last months and is flipping around for the last 2 weeks, with a sort of congestion though the upper TL is not as nice as one would expect.
A MACD bearish divergence (as far as I can see it...) would suggest a move down, but let PA...Ignored
DislikedSpeaking of breakouts,
Would this BEOB on D1 Silver have had your attention?
In traffic but close below the bottom TL of the consolidation wedge (or triangle or flag, don't know how you guys call this )
Plus EMAs confluence + mini D1 PPZ by 31.6 something.
I hope I don't clutter the thread with my questions, I have to admit that the more I read and spend time on charts, the more questions I have...
thanks,
take care,Ignored
DislikedThanks for the reply Mike. What do you look for when you do your scanning? I am assuming here that you do not look at at the chart of each of the 3000 instruments, or may be I am wrong and you do!Ignored