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- cprao replied Mar 21, 2012
Mike, Is the reason same for passing both the trades ? 1) GBPCHF - Attached 2) EURAUD - The one you just passed ?
james16 Chart Thread
- cprao replied Mar 21, 2012
You did not take this trade since the bar close was not above 1.45 convincingly.
james16 Chart Thread
- cprao replied Mar 20, 2012
GBPCHF - H4 — Mike, Did you consider taking this trade ? Broke BRN 1.45 and multiple bars. But I don't see easily identifiable targets and also the close was weak Also Trade is going into big bullish bars. Comments ?
james16 Chart Thread
- cprao replied Mar 18, 2012
Usdsgd-2day BEOB or H4 wedge — On USDSGD daily, you can see a 2day BEOB on a daily bar. and on H4 there is a wedge patten and a possible break of wedge pattern. The first hurdle is 1.25 if the BEOB breaks and/or the wedge pattern breaks. Here ...
james16 Chart Thread
- cprao replied Mar 13, 2012
Thank you. It means - more engulfing bars and/or stronger bar than this would have provided more confluence to the trade.
james16 Chart Thread
- cprao replied Mar 13, 2012
Thank you. I did not took the trade . I was just watching. How about the same size bar but if it engulfs multiple bars instead of one bar in this case ? Do you consider taking that ?
james16 Chart Thread
- cprao replied Mar 13, 2012
EURNZD Wedge Pattern — Mike, How do you trade this one ? There was a DBHLC at BRN and also breaking the rising trend line. The over all trend is down.
james16 Chart Thread
- cprao replied Mar 11, 2012
Makes sense. 130 is really acting like a wall on the first IPB. Though 130 is still there but on the second time or subsequent times (not the first time) buyers may have more power to break 130 wall. The key for IPB is - 1) First time 2) absolute ...
james16 Chart Thread
- cprao replied Mar 11, 2012
Thank you Ghous. on GJ, was the previous weekly bar on GJ a IPB ? The close of the previous bar higher than it's previous bar. Yes. on GJ, there are three bars almost next to each other, which does not make a perfect IPB setup, right ?
james16 Chart Thread
- cprao replied Mar 10, 2012
IPB'S ? — Look like couple of IPB's or "G" bars on GBPJPY and AUDJPY. Comments ?
james16 Chart Thread
- cprao replied Feb 9, 2012
If it retraces, I would be watching for a PA, around 300 level.
james16 Chart Thread
- cprao replied Feb 9, 2012
I was able to catch this weekly pinbar and closed my trade at 291.
james16 Chart Thread
- cprao replied Feb 7, 2012
If it turns out as a weekly BUOB with the close above 1.25 and the consolidation box, then it would be a good trade to take next week. Then the TP would be 1.3.
james16 Chart Thread