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what happens next? Price action training

  • #21
  • Dec 25, 2016 7:05pm Dec 25, 2016 7:05pm
Quoting price777999
Still wanna wait ? {image}

What just happened?

Okay, considering support/resistance are merely 'zones', I can see that price actually took off north from this zone.
  • #22
  • Dec 26, 2016 6:39am Dec 26, 2016 6:39am
Quoting tobeeme
{quote} What just happened? Okay, considering support/resistance are merely 'zones', I can see that price actually took off north from this zone.
Here are your lines drawn in .
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  • #23
  • Dec 26, 2016 8:12am Dec 26, 2016 8:12am
Purely price action.....
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  • #24
  • Dec 26, 2016 8:37am Dec 26, 2016 8:37am
What about your stop ?
  • #25
  • Dec 26, 2016 8:44am Dec 26, 2016 8:44am
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  • #26
  • Dec 26, 2016 9:08am Dec 26, 2016 9:08am
I would look at a higher time frame for trending suggestion
  • #27
  • Dec 26, 2016 9:24am Dec 26, 2016 9:24am
Quoting alucko33
I would look at a higher time frame for trending suggestion
It's a timeless chart ,just pure price action training.
  • #28
  • Dec 26, 2016 9:29am Dec 26, 2016 9:29am
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  • #29
  • Dec 26, 2016 9:42am Dec 26, 2016 9:42am
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  • #30
  • Dec 26, 2016 10:43am Dec 26, 2016 10:43am
Feel free to post your own charts ..then I can have a go myself
  • #31
  • Dec 26, 2016 5:56pm Dec 26, 2016 5:56pm
Quoting price777999
Feel free to post your own charts ..then I can have a go myself
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  • #32
  • Dec 26, 2016 6:55pm Dec 26, 2016 6:55pm
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Learn, a forex trader must, unlearn and relearn he will.
  • #33
  • Dec 26, 2016 7:02pm Dec 26, 2016 7:02pm
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Learn, a forex trader must, unlearn and relearn he will.
  • #34
  • Dec 26, 2016 7:05pm Dec 26, 2016 7:05pm
We should lay some ground rules!

My first rule would be

1) not posting a chart within reach of a major news event, a good trader should be aware of these points and would act accordingly, especially when we are using 1 min charts. Not fair hahaha. Here would be no different.
Learn, a forex trader must, unlearn and relearn he will.
  • #35
  • Dec 26, 2016 8:48pm Dec 26, 2016 8:48pm
Quoting simond2002
{quote} {image}
my view. sorry for my bad English.
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  • #36
  • Dec 26, 2016 9:23pm Dec 26, 2016 9:23pm
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Learn, a forex trader must, unlearn and relearn he will.
  • #37
  • Dec 27, 2016 3:32am Dec 27, 2016 3:32am
Quoting simond2002
{quote} {image}
Be interested to see the OP's analysis
  • #38
  • Dec 27, 2016 3:36am Dec 27, 2016 3:36am
Quoting COGSx86
2117093 {image}
I wouldn't enter a trade on this chart alone, and would need to drill down into a lower TF to find something.

Points of interest marked, however, some SD/SR...

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  • #39
  • Dec 27, 2016 5:30am Dec 27, 2016 5:30am
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  • #40
  • Dec 27, 2016 5:35am Dec 27, 2016 5:35am
Quoting COGSx86
We should lay some ground rules! My first rule would be 1) not posting a chart within reach of a major news event, a good trader should be aware of these points and would act accordingly, especially when we are using 1 min charts. Not fair hahaha. Here would be no different.
Yea i think you should have to make a trade otherwise its a bit boring .

I think charts should remain timeless .

Even news days leave some clues in the lead up to to the announcement...I like a good crude trade before the inventory's.
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