DislikedGBPUSD DAILY, Price boxing up at the 1.55 now, and still not closed above it or the diagonal trendline. {image}Ignored
Can now watch the bottom of the box to look for a retrace and continuation down.
Attached Image
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedGBPUSD DAILY, Price boxing up at the 1.55 now, and still not closed above it or the diagonal trendline. {image}Ignored
Disliked{quote} Hey A Yep I mean at the end of the day price is price. Often it's just ones visual interpretation and COMFORT level that is what's key. So we didn't invent s/r, or a price flip, but it's our way of interpreting this information and then blending it with other concepts too that is key so by all means go for it. So a s/r is just a support level or a resistance level. Once price starts to FLIP from Support into Resistance, or resistance into support it becomes a Price Flip. We call them Price Pivot Zones because most often these levels are...Ignored
DislikedFigured I'd post this here since the PF seems to be down at the moment. Closely looking at GU with a BEOB. Could be a false breakout of the TL. Daily is closing below the 38 Fib. {image}Ignored
Disliked{quote} No problem at all Mike. I may have exhausted myself today looking at so many charts lol. It is good practice for me though as I'm now making use of fibs and TL's when before I would never even touch those tools. I'm trying to keep my trading as simple as possible and learn the dynamics of each before adding anything new that makes my decisions overcomplicated.Ignored
Disliked{quote} Hey Kyle, Tell us a bit about the private forum. How has it improved your trading? Improved much? Thanks and best wishes, GB.Ignored
Disliked{quote} Hello GuitarBloke, Unfortunately I really haven't spent much time there. I'm coming off of a break from trading due to time constraints and school. I recently graduated this past summer so I'm refocused and determined now more than ever to become a better trader. I think the time off has really cleared my psychie. As for improving my trading? Well you see I haven't traded in quite a while so I've been absent from the private forum and the market altogether. Only time will tell. (I've started to notice over the years that this is a pretty...Ignored