Hi I'm not Mike, but this is how I see it....the BEOB did'n close bellow the range market what is stuck in and the price is still kept by the trend line !

james16 Chart Thread

Hi On weekly chart you have the IPB/IB with the high of the previous candle as the first target..what is the middle level of the range also !

james16 Chart Thread

Why the higher TF's S/ R levels are so important..let's take a look at MGA !

Beyond the Candles

EURUSD-W chart WPD-The P closes bellow the small RM WPG-to the RM's S

Beyond the Candles

NZDUSD in a very similar situation with strong 2WPB that turns the P back within RM...WPG= to the RM's S ! It is not so hard to read these kind of situations..just study,study and study...!!!

Beyond the Candles

I couldn't say it better ! Let's see a nice chart with a very clear P interpretation.....my future posts will have an educational direction due of few request ! RM----the simpliest and at the same time the safiest way to recognize a RM is ...

Beyond the Candles

Hi Jay I like both of your charts...I want to remember you a very important thing....on GBPUSD you are reading a W chart with the P on the RM's S....it is always safer waiting for a W candle to gives you the information and after that waiting the D ...

Beyond the Candles

My chart looks different and the P has allready reached the TL as TG !

Beyond the Candles

[quote=Beertje;6670188][quote=fxgroup;6668136] Why is so important for you ???....When I make an analyse I don't care if the movements have a certain number of pips or a certain number of moves, etc....what I am interested of is the trend and who ...

Beyond the Candles

[quote=Beertje;6666886] You spot on very well...could I ask you why did you buy the AUDNZD....all the TFs are bearish ?

Beyond the Candles

USDSGD H&S the measurement of the pattern gives us a clue about the main TG....very important that the pattern's TG is not the P's final TG...just the pattern's TG ! As any pattern we have to wait for its confirmation !

Beyond the Candles

I really apreciate your posts.....NZDCAD...look how the P react and worked at the R level where the 2DPB was the sellers confirmation at the R! EURGBP-as we allready said the safiest way to sell is bellow the RM ( your 0.8411 ) with PA bearish as ...

Beyond the Candles

EURJPY a very useful example how important identifying the S/R levels using the O/ C of the SWs... where the nca ( no close above )+ ncb ( no close bellow ) gives us a very important information about who is in level's controll !

Beyond the Candles

Hi mitomane and welcome ! The traffic is not the only problem, but the simple fact that the W candle shows us an indecision within the RM (range market ) is a clue of the battle between the buyers and sellers and how difficult will be for the these ...

Beyond the Candles

I was talking about the march and april closed within the february's high...on the chart I was pointing where the P did RET at the beggining of this month !

Beyond the Candles

The fact that the last two M candles closed within the previous candle's range tells me that we are in front of a strong R !

Beyond the Candles

Hi Dariusz Let's tell you something...my reading charts ALWAYS starts with the naked chart and I always try to keep on the chart ONLY the levels I really need in order to keep my charts as simple ( clean ) as possible..and that has a very clear ...

Beyond the Candles

GBPCHF The P reached the TL as R so the MM becomes compulsory...notice the TL hold the P bellow it since 2012.7.23...so it's an important dynamic level for MM !

Beyond the Candles

The patience is crucial in trading and that's why you have to wait for confirmation....don't be rush....read the higher TF, establish your TGs and levels for MM and be patient...very often the hurry makes the difference between a gainer and a loser ...

Beyond the Candles

Hi...M chart tells all you need to know ! USDJPY ....I choose that level becouse 100 BRN was a VERY important level for the pair...but yes your levels will make the P to react when it get at it !

Beyond the Candles