Fantastic short on EURAUD. BE for now.
Update: USDCHF still going strong.
Update: USDCHF still going strong.
Where can I learn more about Price Action like those in James16 charts? 9 replies
Disliked{quote} Nice charts! Are you setting a sell-limit at the 136.823 level? My next project is to backward and forward test some breakout-engulfing bars with the retrace which is what it looks like that setup is? {quote} Contrails! I know the feeling mate. Believe me, I used to feel exactly the same after seeing a trade take off without me on board #TBT. With experience and chart time, it bothers me far less. Experience tells me that there is always another trade just around the corner. We could have 2 set ups in the next few days or 20 so if I miss...Ignored
Disliked{image} On the daily chart, I suspect there’s tons of stop orders below the 100.70 area. I’m looking to get long at 100.50 with SL at 99.80Ignored
DislikedFantastic short on EURAUD. BE for now. {image} Update: USDCHF still going strong. {image}Ignored
DislikedIf bullish on usdjpy check nokjpy it has better PA picture on D and W TF Sorry replying from my tablet. Ill post pictures later{quote}Ignored
Disliked{quote} I dont want to be mean or anything but do you think that AUD trade worked due to that swing low mini pinbar or the AUD news that went in the direction of your position ;-) Be careful... Cheers, StephenIgnored
Disliked{quote} I dont want to be mean or anything but do you think that AUD trade worked due to that swing low mini pinbar or the AUD news that went in the direction of your position ;-) Be careful... Cheers, StephenIgnored
Disliked{quote} Hey C I'm a bit confused why you got short. That bar is just a bearish bar/neutralish bar. What was the story to get short? Price is starting to show some divergence on the daily(stronger on 4hr) at a major PPZ at 1.55. MikeIgnored
Disliked{quote} News had nothing to do with the success of this trade LamerTrader. I took the same set-up on 6H. This trade was triggered and well into profit 12 hours prior to the CPI news announcement. See my chart below which was taken almost 14 hours prior to the annoucement.{image} I understand your thinking of a "swing low mini pinbar". By and large, this really only applies to reversal trades (i.e. large PA, significant S/R, space, blah blah and all the rest of it). However, I am willing to take "small PA, in traffic" when a consolidation pattern...Ignored
Disliked{quote} I don't look at news. I only look at PA and SR. Had no idea there was any AUD news. Am i missing something here ,what should i be careful of?Ignored
DislikedBO pullback seen on CADJPY as well this one I stayed in the news release and now holding on to the runners {image}Ignored
Disliked{quote} I don't look at news. I only look at PA and SR. Had no idea there was any AUD news. Am i missing something here ,what should i be careful of?Ignored
Disliked{quote} News had nothing to do with the success of this trade LamerTrader. I took the same set-up on 6H. This trade was triggered and well into profit 12 hours prior to the CPI news announcement. See my chart below which was taken almost 14 hours prior to the annoucement.{image} I understand your thinking of a "swing low mini pinbar". By and large, this really only applies to reversal trades (i.e. large PA, significant S/R, space, blah blah and all the rest of it). However, I am willing to take "small PA, in traffic" when a consolidation pattern...Ignored
Disliked{quote} Im just saying cause in some cases ppl tend to look at setups worked as A+ and they often dont realize that the only thing that made that setup a winner was the news that came after the entry. In other words: If the news is negative, then the trade is an instant loss.Ignored