There were no price action buy signals in those charts. The first 50 pages of this forum will give you a great foundation into using certain price action candlestick patters, with support and resistance to find highly probably trades.
Heres how the trade is playing out. Not too bad, ty for all info yall gave me on it! Will post other ideas i think i see
hi allibaba,
For EURJPY, the candle open and close not within previous bar, so we will not treat it as a valid pin bar.
For USDJPY, the candle is a pin bar, but it didnāt stick out from other candle, and no obvious.
correct me if i wrong.
Too many colors to clearly identify the candles in your charts and still no clear signal to findā¦
Good finding, nice set-upā¦
[QUOTE=āIpbyrne;495938ā]Heres how the trade is playing out. Not too bad, ty for all info yall gave me on it! Will post other ideas i think i see
<img src=ā301 Moved Permanentlyā/>[/QUOTE]
I think I was looking at the wrong pair the first time you posted. That was a nice looking setup, good job.
I want to clear myself on a basic issue as indicated PA to go short but when? I need to enter first, right? Then when the price will go above the support, I will short again when it will come to the marked areaā¦!Or what!
Hey marketdeal, still in this one?
But what is the pair man? I was thinking to see the current position of this set-up but can notā¦
[QUOTE=ādollareuro;495978ā]@marketdeal
But what is the pair man? I was thinking to see the current position of this set-up but can notā¦[/QUOTE]
Itās CAT stock I think
For GBPUSD is actually downtrend still right? since now the BUEB lead the price to the resistance line now. We are waiting for a reversal PA there right? Correct me if I am wrong, still newbie in learning pA
[QUOTE=āshane;495988ā]
For GBPUSD is actually downtrend still right? since now the BUEB lead the price to the resistance line now. We are waiting for a reversal PA there right? Correct me if I am wrong, still newbie in learning pA[/QUOTE]
Iām a newbie to but I think the level now is great to look for shorts so Iām with you on this one
Hi everyone, Iāve been watching USD/JPY and on the 4h chart is what seen to be a double bottom is forming. I actually expected PA to confirm a down trend. Am posting a daily and 4 hour charts below. Thanks
can someone teach me how to use the P4L Period Converter? I tried many times and follow instruction gave by Jonathan but still failed
I hope that GbpUsd will gain some bullish breakthrough the resistance line forming a tail then get pull back by bearish. It will be the perfect one~ XD
thanks a lot. this really helps.
no problemā¦let me know if the 2d TFās work better for you than the daily onesā¦i might start seriously adding them too in the future.
thanks so much, i think i need to practice more
Yes, waiting for PA to short. but 1.5130 level is worry meā¦