- #131,313
- Jun 19, 2014 10:33am Jun 19, 2014 10:33am
- | Commercial User | Joined Aug 2006 | 12,004 Posts
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedAbout some moments: Why we should looking for a good PA patterns if we could work on each bar/candle, which stay close to our PPZ, Supp/Resis...etc? IMHO Every Pattern in PA or candlecharts method (by Nison or Pretcher..) is always changes and we can use any entries which close to our major S/R levels with our MoneyManagement (1-2% per trade), good Profit/Loss (3:1, 3.5:1, 4:1). For example - Sometimes I see very bad Pin-Bar or any simple bar (not a PA pattern), but if it's over/close to our PPZ, Supp/Resis...etc or divergence or big Volume - so,...Ignored
Disliked{quote} you have to use TF dude it is important parameter i think. for example gold. i think 4 hour time frame will close 1287.13. and this 15 minutes tf candle close same level too. that is confusing point for traders. shadow help us about direction.Ignored