Hi guys , a pin bar from me on Crude oil on 8H, any of the seniors please comment.Second chart is my long term view on the Crude oil.
Trade safe. Z
Trade safe. Z
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHi guys , a pin bar from me on Crude oil on 8H, any of the seniors please comment.Second chart is my long term view on the Crude oil. Trade safe. Z {image} {image}Ignored
DislikedHi guys , a pin bar from me on Crude oil on 8H, any of the seniors please comment.Second chart is my long term view on the Crude oil. Trade safe. Z {image} {image}Ignored
Disliked{quote} Zaho, actually am in this trade for a long playing the wick fill. And its been a great start to the week for me though. And thanks mike for all the help you've giving me. Al {image}Ignored
Disliked{quote} great great great Albus Good advanced understanding of what is going on here Well done again MikeIgnored
Disliked{quote} Zaho, actually am in this trade for a long playing the wick fill. And its been a great start to the week for me though. And thanks mike for all the help you've giving me. Al {image}Ignored
Disliked{quote} Congrats on that trade. I had this one on my watchlist (chart) and even went as far as to put an order in, but the open gapped near my TP, after some indecision on my behalf, I've chosen to cancel the order. I did enter the USD/CAD long and the CAD/JPY short: {image} {image} WIgnored
Disliked{quote} i dont major enter jpy short. because usd/jpy is at critical level of monthly(101.65). after a good pattern with a clear direction i will enter. look at charts. {image} {image}Ignored
Disliked{quote} Hey Mike, Is this an example of wick play? Please read the logic and correct me if I am wrong. Thanks, Neytiri P.S. I took full profit near FTA (middle of box II) - ~25 pips, 0.5R {image} {image} {image}Ignored
Disliked{quote} Did you see the DBHLC on the CAD/JPY monthly? I took a position on it a while back, but mismanagement got the better hand, so I was stopped out for moving the stop too soon, too close. Given the overall CAD weakness across the board (Weekly Pin vs. Dollar; 2-week PB (weekly IB) vs. Euro), I like my odds so far. Add to that the steep decline of the USD vs. JPY, nearing pattern breakout on daily/weekly; that's what made the difference for me on CAD/JPY. It's still a trade with the TP within the box, but I'm definitely looking for a breakout...Ignored
DislikedFX been very quiet for me this month so not a whole lot to share there Here was my trade from last week. I took a quick play on it short and closed at FTA. Small .6% profit but they do add up when nothing else is going on! Mike {image} {image}Ignored
Disliked{quote} Nice trade Mike! It's nice to see the swing into the PB setup, I really have to look for those scenarios more and try to leave the rest be. I was thinking of trying to add equities to my watchlist for the coming year, but when I was checking stocks lately (just for fun) I saw some stocks with huge gaps, like Maersk (OMX Copenhagen) gapped down 80%! How do you deal with those kinds of risk? Are there other things one should take into account when expanding from FX into equitties? best, WIgnored