Can't help but think of a certain picture of a bearish pinbar
![](https://resources.faireconomy.media/images/emojis/64/1f601.png?v=15.1)
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedForget that bar and read what our wise senior traders wrote about it here :
mbqb11
http://www.forexfactory.com/showpost...ostcount=85853
http://www.forexfactory.com/showpost...ostcount=85942
ghous
http://www.forexfactory.com/showpost...ostcount=85924
Ignored
DislikedHey guys,
what do you think of this weekly setup below on the EUR/GBP?...
What would you guys rate this setup??
The daily seems quite good aswell. Nice pin formation...
...Ignored
QuoteDislikedIs there something wrong with me or am I seeing pins everywhere I look?
DislikedHi Adilius. Be carefull when playing this bar at the open of the market when the liquidity is still low. IMO This bar is showing lack of liquidity when the market close before the weekend instead of indecission. On the other hand if you zoom in to m15 tf you'll see very well defined resistance area at the top of the bar which could be helpfull to play it very tight but i would easily skip that trade.
Take care.Ignored
DislikedSorry, I must have missed this one, I see mike mentioned the strong uptrend which I also totally agree with. I would also like to add, that this bar size compared to the bullish bars is not convincing. Also, I am not sure if that bar closed like that on your chart but, if it did, the close of this bar is outside the eye of the previous bar and nearly half way up the bar. I don't like this in a bearish PA setup.Ignored
DislikedHi guys
Have done my scanning on weekly/daily and do not see any outstanding setups(A+) at the moment. A few areas of interest to watch but waiting patiently until the technicals justify an entry.........just wondering if anyone else is seeing any good setups just now?
KalIgnored
Dislikedi mainly stick to us-stocks: more liquid, more power, cheaper, more fun.Ignored
Dislikedand -very important- less automated computer systems then in the european market.Ignored
DislikedThis thread is vital to your future success. If you don't know about support and resistance, pivot zones, and PA, you will not succeedIgnored
DislikedIn the last 10-20 pages, I have seen some seriously grid-locked charts posted up. I just skip over those posts, because I don't see what is going on with those, at all.Ignored