hey bbakker what do you think of these? I'm currently watching how PA will develop in these zones

Price is everything

Oops you are right. I typoed that one. I meant demand zone!

Price is everything

Here's a breakout trade I took that was stopped out at. I made an analysis of what I did wrong and was hoping you pros can chime in on it too Note to self: Trade retracements of breakout NOT BREAKOUTS ITSELF image

Price is everything

hey mike i'm in this trade too. i usually trade retrace but because there is apparently no price lower than this region and at the same time trend is down, i traded the break of the support instead. how are you managing this trade since there is no ...

james16 Chart Thread

I like it and can potentially short it. The FTA I have is far enough to justify the trade (for me) and I may ease in with smaller positions. At the same time, the dollar ended with a large BUOB last week so could be another small clue to this BEOB.

james16 Chart Thread

Yeah I shorted at the break of that BEOB earlier this month which was 1.843 on my platform. Since I'm still demo trading, there are things that I'm still trying out and one is adding to a winning position. Like you said if price can retrace to a ...

james16 Chart Thread

I actually have a short position in this that I plan on taking 50% profit soon. If this retraces in the H4 chart I may add again to the position!

james16 Chart Thread

wormboy you from malaysia? i was born and raised there best food hands down.

The WoRmHoLe

I just took full profit that was I went long last week here. I was actually considering a short on this one and I noticed the same FTA as you. Depending on how PA develops I may short on break below the FTA to be on the safe side. Anyone looking to ...

james16 Chart Thread

I see. I am still demo trading and I've been watching both forex and futures market to see which one I have the better "feel" for. Yeah I have been observing lately as well. I do plan on trading it one day but as stated still demo and practice right ...

james16 Chart Thread

hey mike or anyone who knows this but do you know if the PF teaches future trading as well? I know the principles of PA is taught and that came be traded across many market but I was just wondering if anyone trades futures there (i think i recall ...

james16 Chart Thread

NZD/USD made an attempt to get below 0.78 but quickly rallied back above the RN PPZ. Anyone else keeping their eye on this pair?

james16 Chart Thread

I like it too. I was thinking an entry here with a stop above the PPZ it just broke below would be a pretty good trade. What do you guys think?

james16 Chart Thread

I don't think the Thursday's candle closed far enough into the red body to consider it a piercing candle IMO.

OIL/USD charts

I'm agreeing with you here. Seems like it's a pretty good set up (in terms of location) but not so much with PA. What does everyone else think?

james16 Chart Thread

Ah gotcha. Your dotted line is right about where I had my confluences too where I hope price can close above before going long. If it does happen it will just be a very quick take profit because I don't think it can run higher than previous swing ...

james16 Chart Thread

Took full profit at the dotted orange line too. Really one of those classic moves. I'm thinking this can be turned into a long trade if PB forms with price closing above the 23% fib ret + 1.0700 RN. What do you guys think?

james16 Chart Thread

Sometimes I can't send orders through on my MT4 demo platform. I'd either have an order to modify or delete or close and order and it would say "order accepted" and then telling me "off quote" momentarily and that my order failed. What is this ...

MT4 navigational tips and techniques

I'm assuming a lot of the charts posted are from MT4 which is the same I had which is why I was wondering why the EMA's were different.

james16 Chart Thread

AUD/USD looks to be a potential short soon!

james16 Chart Thread