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The Price is Right: Trading Price Action

  • #181
  • Mar 22, 2016 12:18pm Mar 22, 2016 12:18pm
uj layering
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #182
  • Mar 22, 2016 12:20pm Mar 22, 2016 12:20pm
by the way i still draw forks
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #183
  • Mar 22, 2016 1:52pm Mar 22, 2016 1:52pm
Quoting PIPot
come thursday.. See the diff on pa? {image}

This. Well done.
  • #184
  • Mar 22, 2016 1:54pm Mar 22, 2016 1:54pm
Quoting eaglestar
by the way i still draw forks {image}

And they still look as good now as they did before. Maybe cleaner. lol.
  • #185
  • Mar 23, 2016 12:30am Mar 23, 2016 12:30am
another example of layering on usdcad today. by understanding D and h4 PA you can understand lower
D to m15
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #186
  • Mar 23, 2016 12:32am Mar 23, 2016 12:32am
Quoting danandsueco
{quote} And they still look as good now as they did before. Maybe cleaner. lol.
That is because i don't show all my charts hehe. Cleaner is not always better. A well done marked up chart may be better than a clean chart that does not make any money. hehe
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #187
  • Mar 23, 2016 10:06am Mar 23, 2016 10:06am
AU short....

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  • #188
  • Mar 23, 2016 10:09am Mar 23, 2016 10:09am
Quoting danandsueco
AU short.... {image}
GOOD

Layers shown and follow up to previous post
http://www.forexfactory.com/showthre...67#post8827167
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #189
  • Mar 23, 2016 10:15am Mar 23, 2016 10:15am
potential quick pullback coming on usdcad monitoring for possible long
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #190
  • Mar 23, 2016 10:29am Mar 23, 2016 10:29am
NZDUSD posssible retest of 6750 for a few pips down
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #191
  • Edited 1:02pm Mar 23, 2016 12:01pm | Edited 1:02pm
Watch this on GBPUSD
notice also psych level
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #192
  • Mar 28, 2016 11:53am Mar 28, 2016 11:53am
Before and after....

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  • #193
  • Edited 7:01pm Mar 29, 2016 6:33pm | Edited 7:01pm
Trading weekly/daily is liberating. I look at charts in the evening and enter at 1000pm MST. Prefer entry in weekly areas but if the daily area has good PA then it's good to go.
Weekly resistance being tested. Bulls have pushed into resistance and bears have held but HLs indicate bears losing strength.
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Small downtrend or retracement into daily support area petered out and has held providing low risk entry. Nice move into weekly resistance. We'll see if bears can hold again. PA will tell.
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  • #194
  • Mar 29, 2016 6:35pm Mar 29, 2016 6:35pm
Nice fork!
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  • #195
  • Mar 29, 2016 6:51pm Mar 29, 2016 6:51pm
Weekly chart with strong support below.
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Daily showing bears power loss in daily support area. Higher risk entry than EU previously shown but worth it.
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  • #196
  • Mar 29, 2016 6:58pm Mar 29, 2016 6:58pm
Weekly with unimpressive engulf north.
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Daily looks much stronger. PA in the daily resistance area was juicy!
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  • #197
  • Mar 30, 2016 4:06am Mar 30, 2016 4:06am
Quoting Winston Reed
Weekly with unimpressive engulf north. {image} Daily looks much stronger. PA in the daily resistance area was juicy! {image}
Dear WInston,
thank you very much for your clean and very good charts.

Your S/R areas are very wide, how you choose how wide should be this area.

And one more question.

USD/CAD

In charts that you shown what is stronger for you right now, engulf in weekly (for me it is not so strong and I have still bearish bias) or PA on daily (we are in strong downtrend with retracements to broken supports)

Thank you for your answers.
  • #198
  • Apr 7, 2016 2:56pm Apr 7, 2016 2:56pm
Hello everyone.

Could someone tell me if this looks like a good price action buy opportunity?

Thank you very much in advance.
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  • #199
  • Apr 8, 2016 2:14am Apr 8, 2016 2:14am
For me, instead of looking for buy entry i rather prefer to look for sell entry using D1 and H4 timeframe bcuz the overall trend is downward, my first option is at price .96157 target 30 pips from the entry price, my 2nd option is .96415 target .95.
  • #200
  • Apr 9, 2016 3:44am Apr 9, 2016 3:44am
Quoting doelcs
For me, instead of looking for buy entry i rather prefer to look for sell entry using D1 and H4 timeframe bcuz the overall trend is downward, my first option is at price .96157 target 30 pips from the entry price, my 2nd option is .96415 target .95.
It's true, the overall trend is downside. I noticed it was a better idea to sell after posting that comment, sorry. But, based on PA, is that a good level of rejection?

Thanks!
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