[quote=sodiska;6424951]NCA& NCB stay for no close above& no close bellow and represents those levels what act as R and S...levels identified using the open/ close of the swing. .....these type of S/ R levels are one of the most powerful levels in ...

Beyond the Candles

[quote=sodiska;6422618] If it closes bellow the triangle then 1566 becomes the Tg with MM@ 1628 !..notice how the P is stuck within the doji's range and this make the 1628 to be the first MM level !

Beyond the Candles

NZDUSD Tha last M candle closed as an indecision candle just as the W candle ! From a D point of view, the 02.04 turn the P back within the old RM !

Beyond the Candles

Look how important 1.30 BRN was on W....put a pattern proiection and you will be surprised ( or not ) by the fact that is the R of the old M RM !

Beyond the Candles

[quote=Aretes;6417862] Wellcome...as a personal opinion I think that the safiest way is to wait for weekly candle to gives more information !

james16 Chart Thread

You did very well Jay...thanks for beeing here. The doji candle from last week give us the indecision information and untill we see the P out of the doji range, we remain in the no trading zone !

Beyond the Candles

AUDUSD The P is in the RM ...between the TL and the important level inside the RM is no trading zone...if the P close bellow the level, then the RM's S becomes the TG ( 1.02 ) !

Beyond the Candles

Hi Personally I see the GBPUSD stuck in a larger weekly consolidation/ range market...but the problem is the fact that the price reachet the long term bullish trend line and the detail open more ways to trade this pair in the future ! Off course, ...

james16 Chart Thread

[quote=haimber;6415403] Let's not hurry to consider it as a bullish flag and let the P to give this confirmation if the P will close above it ! Right now, what is important is we have a direction and a TG,so all we have to do is to wait for RET in ...

Beyond the Candles

[quote=Dariusz;6414937]Thia is what I'm looking for ....the H&S pattern's proiection is at a very strong confluence with the long term bearish TL !

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Remember...closer to the triangle apex the P will be= higher the volatility !

Beyond the Candles

Do you remember this post..let's take a look today !...look how imprtant 1.95 was !

Beyond the Candles

[quote=rolo1128;6405041] Hi rolo The weekly chart is what I like more...the only problem of this pair is the traffic and this factor will determine many consolidations/ boxes zones or high volatility. This is my chart !

james16 Chart Thread

Indeed that is a 2WPB....but what is concernes me is its position....we have to notice that this patterns is within the doji's range and this tells me that untill the P will not get out of the doji range, if much safer to wait !

Beyond the Candles

GBPUSD....time to be carefully !...the P reached a strong long time dynamic S level and at this point we have to learn to wait for mare information in order to see who will take the controll..a close below the TL we will look to 1.53 as the next ...

Beyond the Candles

[quote=sodiska;6400021] If we combine 2 candle we have to obtain a 2TFPB..for the bullish candle I really like that the close of the second candle to be higher than the first candle's open...meanwhile for the bearish 2TFPB, the candle of the second ...

Beyond the Candles

GBPSGD I remember that I put a nice chart when we had the the bearish PB at the R level....today we have a bullish PB at the S level of the triangle ! Why the triangle is so important ?....because it gives us the limits ofr our MM but most of all we ...

Beyond the Candles

Hi poudos ! Identifying WPD range market is a fundamental part of reading a chart because let us know what is direction we take our trades, how type of MM we apply, etc. The simpliest way to recognise a RM ( range market/ consolidation,etc) is to ...

Beyond the Candles

Hi Pinbar..this is what I'm looking for !

james16 Chart Thread

You have too many levels on your charts and this will stop you to take the right decisions....clean it and let only those levels that are inflencing the P in a directly manner !

Beyond the Candles