Those h1 bars are totally in traffic wthout giving any kind of good information. DBLHC has second bar closing higher then the bar high before in swing low position.

james16 Chart Thread

EJ — EJ

james16 Chart Thread

I would only add that traders have much more time to notice those levels and plan a trade on higher tfs like weekly/daily then m15 for example. The weekly is not closed yet and the pb still could workout but would you take H4 pinbar just before the ...

james16 Chart Thread

Im not ghous but double day pinbar is a pinbar you get from summing last two closed bars on daily timeframe. DJ is american stock index Dow Jones.

james16 Chart Thread

Thats another possibility but i see that decline in price is rather slow compared to last momentum burst after breakout of the previous resistance and all the jpy crosses reacted to it except the gbp one which still need to test it for the first ...

james16 Chart Thread

Hi Anybody is thinking about buying the retest of support area on gbp/jpy @ 141.80? It would be first test of this area on daily timeframe but DJ is just under the resistance and the move could be capped.

james16 Chart Thread

IMO those triple top/bottom bounces arent very convincing to expect good reversal move. The possible 4th bounce will tell us something about the bears/bulls strenght.

james16 Chart Thread

Ghous congratulations on those trades. You are getting really good at it ;];]. You are lucky man being that young with all this knowledge...

james16 Chart Thread

When traders are atnicipating a breakout sometimes a little channel forms just under/over the break point giving traders exact level for putting their buy/sell stop orders. I love those small consolidation areas before breakout becouse of smaller ...

james16 Chart Thread

Just copied that from T.Williams book: "The price spread is the difference between the highest and lowest trading points reached during the timeframe you are looking at" which is H-L. It shows us market activity in this candle timeframe... then you ...

Learn to Trade using VSA (Volume Spread Analysis)

I think every candle tells a different story compared to its volume but using some simple mathematic formula to extract a number which doesnt tell us anything is pretty naive IMO. Reading price/volume is an art/science thing it cant be closed in ...

Learn to Trade using VSA (Volume Spread Analysis)

(H-L)-(H-C) = C-L. Why spread is calculated like that , why candle close - low should be relevant to volume analysis?

Learn to Trade using VSA (Volume Spread Analysis)

I can suggest you Alpari US. I am using Alpari UK for some time now and didn't have any problems. No fill delays ,spread change on news time and almost no down times. MT4 , 2 pips spread on e/u , min deposit 200 USD and microlots ...however i didnt ...

james16 Chart Thread

I would be happy to see good PA on H1/H4 in blue area. woohoo 1500 page ...round number

james16 Chart Thread

Anybody into this pinbar? I was quietly expecting good pa there and there it is...those buys are from fading into weekly pin.

james16 Chart Thread

Hmmm. I think it broke yesterday already testing the support about 10 hours ago. I would be cautious buying on another retest.

james16 Chart Thread

Correct. In this example i am fading support lvl without any price confirmation on lower tfs.

james16 Chart Thread

Yep. I like to avarage in scenarios like that. Overall risk is still the same ;about 2%. If price will start to go up without forming V bottom i'll think about reducing risk closing 1 or 2 positions at breakeven if possible.

james16 Chart Thread

Lvl to watch on e/u.

james16 Chart Thread

lol. Anybody can be confident on demo ;] ... I stick to my plan ..thats all. I had a good strike last month so i'm more confident about my analysis and i do not care if i lose as long as i am not acting like i did half year ago....

james16 Chart Thread