Forex Price Action

Hi dudest , give me some pair to i have more orders in weeks :smiley:
my chart

Sorry Max, I don’t get what you’re asking :)… kindly re-phrase.

Thanks

I’m actually not in any trade right now.

There was PA on the NZDUSD?! I missed it… Good on you :slight_smile: and may it go higher for you!

Oh , i’m newbie and i don’t know what best pairs to trade ? (Example : EU,GU,UCHF,AU or …v)
I can’t monitor over too much pair in the same time. So i want ask you the best pairs to monitor .

Aaah, that’s clear :slight_smile:

The more liquid a pair is, the better!
So if you don’t want to watch too many, start with the MAJORS (e.g GBPUSD)
Then as you get more comfy with time, you can add the JPY crosses (e.g EURJPY), then the other crosses (e.g EURAUD)

NB: whatever pairs you decide to watch, do this as first thing:

a) go to daily chart
b) mark two key horizontal levels: one above current price, and the other below current price.

Those are the places we wait for price to reach and produce PA. Once you get comfortable trading on the Daily, then you can check out the H4 (looking for PA at those same Daily levels).

Also check out this article by Mr J on best forex pairs and timeframes to trade:
The Best Forex Pairs And Time Frame To Trade

Hope that helps!
Cheers

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Silver ( XAGUSD ) at a key level.

Hoping a long PA if support holds (a)
Else if price breaks through, will wait for pullback and short PA (b)

Cheers


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did anyone here short EURUSD in last 3 hours? well, it’s great for you because the price movement is getting lower so fast

Guys I was wondering if this was a valid 2 bar reversal on AUDCHF.

Thanks in advance.


Guys…i got 100 pips 2day…

Short eur-usd

Thank you that is very helpful. Is this basicly correct? If the bars close at the same level but the highs (or lows) are at different locations then the resistance (or support) is at the closing level, however if the closing levels are at different levels but the highs all stop in the same area then the resistance is at that level.

nice pips :slight_smile:

Hi fxsrikanth, what signal did you take?

I was in on this, already got to FTA and risk free now :slight_smile:

What do you think? (not being awkward but interested to hear your thoughts)

managed to catch it with an inside bar setup on the 4H


IMHO it was valid. Candle closed 2/3 of total lenght so the upper wick wouldnt be a problem. Support was tested a few times. Not much traffic in the way.

You got lucky on that one in my opinion. Price was in a middle of nowhere between resistance and support and you went against the trend too. Its not about pin bars, or beeb, or bueb only, but also where they happened support or resistance.

of course i didn’t take it souley on the inside bar but i had stalked the 1.3130 level witch is a key level on the daily TF and to me price showed rejection.

Cool.

A 2 bar reversal is two bars of very similar size and if you were to combine them then it would be a 2 day pin bar, so it doesn’t qualify on that basis.

It could be seen as a bullish signal but its not a 2BR and not valid according to Jonathon strategy. The upper wick would also concern me even if it was valid as it is rejecting the swing low there which also lines up with the previous swing low (and therefore has more significance)

Anyone spotting these: