DislikedHi everybody. I am the beginner.I 'd like to clarify the following. Can anybody help me studying price action? What should I start? Thanks in advance for any advice.Ignored
Best
Mike
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHi everybody. I am the beginner.I 'd like to clarify the following. Can anybody help me studying price action? What should I start? Thanks in advance for any advice.Ignored
DislikedI took the Aussie trade. It's a very strong downtrend and the BEOB is off a pull back. It shows clearer on the weekly chart: {image} On the daily the picture is a little different in my opinion. Expect some difficulty in getting through this mess: {image} Only look for shorts on a "down day" and unless you have plenty of margin, look for J16 entries on the H1 or even the M30 and M15 charts so that your R : R is potentially enormous because you want into the daily and weekly.Ignored
Disliked{quote} Hi smikester, for me the EURAUD BEOB is heading right into strong support which was resistance before, also the close wasn't that strong, I am actually long this pair so I am biasedIgnored
DislikedHello friends! I've been away from this forum and trading for a while because I moved to South Korea for work. I had pretty good success trading this method but I seem a little bit rusty right now. It's funny how much you can forget with a little time away from the charts. I'll be lurking in the background and posting charts when I see things and hopefully it will come back to me without too much trouble...Ignored
Disliked{quote} Hello buddy, I'm in the same boat. Was away from charts for months(actually almost two years). Back now and settled. Let's brush our skills, I bet old timers will get us back on track in no time!Ignored
Disliked{quote} Hello buddy, I'm in the same boat. Was away from charts for months(actually almost two years). Back now and settled. Let's brush our skills, I bet old timers will get us back on track in no time!Ignored
Disliked{quote} Hello Bullet. My charts are for the Aussie. I have no view or analysis for Eur/Aud. Anyway. I hope your long works out.Ignored
Disliked{quote} Well now, I am in good company. I am also just getting back into trading. I come back with a bit more patience and maturity.....we'll see if it is enough. I am ready to stop chasing the market and let it come to me instead. So, this makes three of us that are just getting back into things. Best of luck my friends!Ignored
DislikedNice daily pin bar on GBPCHF. In a bit of traffic but near key resistance 1.4750-1.4800, two Fibo levels, 50% and 76.4%. I have sell stop order at 1.4689, SL above pin bar at 1.4786. TP is at 1.4632 for now. I will carefully watch 1.4666-61 and 1.4647 and take some profit there and move SL. This is on demo. If someone has any comments I'd appreciate your opinion. {image} {image} {image}Ignored
Disliked{quote} Hey Michal Few things can keep you out of a bar like this in my view Firstly size, notice the size verse the VERy strong up move. Second close, notice how price barely closes as a pinbar third and perhaps most important is how the bar size . Notice how we have the left bar highs so the pinbar sits down on it and then puts us in complete traffic. Lastly notice price isn't off the previous high. It "stalled" just prior to it. To me thats weak selling cause the stronger selling should come at the swing high or just above it. Hope that ehelps...Ignored