Disliked{quote} Anyone else watching this pair ? Mike ..opinions please {image} Take care DanIgnored
Stupid bar ruining my pattern !
Where can I learn more about Price Action like those in James16 charts? 9 replies
Disliked{quote} Anyone else watching this pair ? Mike ..opinions please {image} Take care DanIgnored
Disliked{quote} That's the bar I was kind of hoping to see. Your pattern is still good. FTA (short term target) middle of box, mid term target (bottom of box), long term target trendline...you going short??Ignored
Dislikedalthough still a choppy market this is shaping up nice if we can maintain a strong close {image}Ignored
Disliked{quote} Hey Mike, I wonder what you are looking for there.Looks to me like kind of a pinbar at a swing low so what would be the point.Or do you mean you want that to turn into a bullish outside bar? Edit:Yeah thats probably it, so you want to go long?Ignored
Disliked{quote} Not Mike, but my bet is he was watching a BEOB form at the swing high, a classic J16 PA set up (my personal favorite). I watched it too and was looking for a close below the entire range of bars it was engulfing. It tested a BRN of 1.5000 which is added confluence. There is also a very obvious profit target/trade management point. My notes are on the chart. {image}Ignored
Disliked(...), and decided to submit a long order on a pullback to 1.3650. ...Ignored
Disliked{quote} I'm in with a market order at the close...my targets are the gray boxes. My stop will be moved quickly to where yours currently is set. {image}Ignored
Disliked{quote} I'm in with a market order at the close...my targets are the gray boxes. My stop will be moved quickly to where yours currently is set. {image}Ignored
Disliked{quote} Hi Donkey and other members, Can you please let me know your opinion how you deal with current situation ? I went to H4 and found that price wants to close above PPZ line. If closes above I would tighten stop few pips above high of this bar. Is this logical way of managing the trade? Please let me know your comments. Cheers. {image}Ignored
Disliked{quote} Not Mike, but my bet is he was watching a BEOB form at the swing high, a classic J16 PA set up (my personal favorite). I watched it too and was looking for a close below the entire range of bars it was engulfing. It tested a BRN of 1.5000 which is added confluence. There is also a very obvious profit target/trade management point. My notes are on the chart. {image}Ignored
Disliked{quote} Hey D THanks for clarifying! Yes you are absolutely right. I actually elected to enter on the close since we were under the BRN. I put a very tight leash on it and cut out before NFP around 5017 just cause I wasn't willing to take a large drawdown on this type of entry. I wanted to see only a small pullback and hoped for continued momentum prior too. I have taken a few losses from the end of last month so i'm trying to play things very conservative until I make those up. I like to do that when I hit a losing streak. I had no losing months...Ignored
Disliked{quote} A Fudd dreaming about a Donkey.....something that only makes sense in a forex trading forum!!!! By the way, if you send me a link to the new site to preview, I want leak it!! I'm patiently waiting for the new site. Will James be activating the RE section or will it be all trading? I would be almost as excited about that as the forex stuff! April and May were decent to me, I managed some smallish profits amidst all the chop so I was happy. I took one bad trade that closed out on June 1 as a full Risk loss, and wiped out some of those profits...so...Ignored