Hi Machal, just a question, as of now, would you consider this pair in a downtrend or not yet?
Thank you for your help!
Hi Machal, just a question, as of now, would you consider this pair in a downtrend or not yet?
Thank you for your help!
Is it big? is it screaming out at you to go short against current momentum ?
the bullish bars on the way up were bigger than this one, currently learning how to assess bars and all, thanks for your input, walker!
Hi kurt,
You didnāt specify which pair this is, but that bearish pinbar & big bullish bars to the left looked so familiar!, it must be gold
Iām hoping the 3 most recent bearish bars on D1 are just a pullback (pause) before the up-swing continues ( waiting for bullish PA on H4)
PS: as to your initial query, Machal and PW have given excellent responses.
Cheers
Ok, while Iās just typing that, Gold dropped 250pips in 1 min ( literally ) !
So hereās to an equal bullish rejection happening ( in the period up to the end of the current bar ) to form a super sweet BUEB/pinbar on H4 :)!
==
Before:
After:
yeah, i forgot to put it on the chart, good memory mate!
thank you for your help, dudest! iām learning a lot from your posts!
That was fast! :d
Thank you dudestā¦
gānite allā¦ am gonna flock of ducks off to bed ā¦am done for 2day
flappa flappa flappa woooooooooooooooooosh
Iāve read first 50 pages and all his free articles from forexschoolonline but I want to buy his course and donāt know if the advanced course contains fibonacci, moving averages, pivot points, confluence. This thread is for beginners. I donāt know what contains his advanced course. I hope MA, fibonacci retracements and confluence arenāt too important.
Hey guys. EURUSD on H4 itās in a good support/resistance region IHMO. If price action shows up might be an oportunity to go long.
HI GUYSā¦i am backā¦sorry for the delayā¦i was unable to post the hart earlierā¦coz of my jobā¦!!!
any one is in this trade?
Heya,
Please message or contact me direct in BP as we try to keep this thread to strictly setups and help.
When you contact me I will answer your questions but just.quickly~ we do not use any moving averages. These tend to help traders see what they want to see instead of key levels that are proven time and time again.
We do use fibs but not like you are explaining. Fibs work best when that are kept simple and the retrace levels used as confluence. I have just made a video of trade and will release in two days time when back from travelling which will explain this with example.
Safe trading,
Johnathon
Hey,
For me price is now in possible trend reversal to downtrend. Dudest draw important level (@1736). If I would saw nice PA that close below this level I think that it would be interesting for short setup. But now none of this.
Cheers
youāre welcome bro!, thanks for the kind words.
I was off in putting the S/R levels, I need more practice! Thanks for your help! Appreciate it!
Hey, great trade but for A+ against trend I think that this BEEB should be more stick out like previous pin bar (which didnāt close in previous candle so was invalid).
Good for you.
Cheers
Actually, the info available in this thread is the core of Mr Jās method, and is very enough to be profitable (true story).
The school is a step up, but the content here is still the real deal ( donāt let the simplicity fool you; simpler is better ).
No MAs or funny stuff. We use Fibs purely to confirm extra confluence, but not as part of the core method.
Confluence is a concept, so that should be part of any profitable swing trading method.
For more info, hit Mr J up with an email/PM.
Re-phrase: [B]This thread is for profitable swing trading[/B]
Cheers