Bundy's status today: "Waiting..." ![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedI am wondering if any of these potential PB setup is better than the others in terms of confluence strength. All 2 bars are the same relative to each other in each of these 4 setups only the BRN level is different (relative to the bars).
Is there an order we can rank them in terms of quality of setup or are they equally good?
Appreciate any comments.
Thanks.
CYIgnored
DislikedAwesome!
...& here's something further back.
noticed this in early January while tinkering with charts.
let's see what it does in the future.
orange lines are line chart-based.
the first & last pinbars are both March formations.
the middle blue box shows a 2-week PB.
AttachmentIgnored
Dislikedyeah I know that ppz it's heading into, wait for a larger break? make a better buffer....Ignored
DislikedThanks Trig, Good story.![]()
Especially liked this bit...
"He decided that he would take every trade entry signal his system gave him and follow his trading plan as if his life depended on it.
As if, after each trade was closed out, he had to stand in front of a panel of super traders, and explain his actions to them - why he entered where he did, where he placed his stop losses, why he exited when he did.
[color=blue]And if they weren't convinced he followed the rules of successful trading, he would...Ignored
DislikedYeah, Price tends to do that at strong PPZ levels. Meaning that we have a PPZ level, then Price breaks through it hard then Price respects it again.
I believe it (Weekly PB in blue) still has potential but I will be manageing it tightly by waiting for the hard break up through the PPZ level then a pull back. Or some solid Bearish PA at the PPZ level wouldn't be bad either.
JimIgnored
DislikedI read frequently about price breaking hard through a PPZ and then retrace but don't quite understand how one could trade it.Ignored
Dislikedwill she jump on 1098.11 and give us some PA in 1H-4H.
Lets see.
.Ignored
Dislikedertorque,
i believe Sir jarroo is out.
so if i may...
u can enter a trade via a PA setup of the PPZ. a PA setup can occur in any timeframe, but since we advocate sticking initially on Daily & higher timeframes, then we look for a PA setup on Daily & up.
in the $chf chart, for example purposes & to answer your question, u wait for a PA setup (PB, etc) on/off of that Blue rectangle ppz, to go short.
Hope this helpsIgnored
DislikedI'm not jarroo, but benji recently highlighted this to me on the daily EURGBP chart so I thought I'll go out on a limb here and chip in a little.
The 4 hour chart is from an old post of raczekfx.Ignored
DislikedCongrats Ben
I know how you're feeling. I remember that day as one of the greatest days in my life.Ignored
Dislikedciao everybody
demo on EURUSD WEEKLY
ENTRY: 1.35290 friday closure
SL: 1.38190 ?? some (??) pip above BEOB high at fib50
TP: 1.30000 ??
CONFLUENCE: yes PPZ, FIB, BRN
PPZ: yes area 1.35
RN: yes 1.35
FIB: yes 61.8
PA : yes BEOB
MAJOR TREND: same direction
TARGET: next weekly PPZ 1.30
those are my first demo on MT4 according to Mr James MIN. REQ.
any comment much appreciated
thanks AndreaIgnored