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alphac replied Feb 24, 2016Gold pt2, price retraced almost to the pip to the line marked on the 4hr, the 1 hour chart below shows a large BUOB off of that line and through the FTA, may well see another retrace here. 1 hr chart image 4hr chart updated image
james16 Chart Thread
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alphac replied Feb 24, 2016Was opportunity to jump in the Gbp sell off this morning, pure J16 stuff, no indicators needed. GbpUsd 1 hr chart image BUOB on Gold, FTA is very close, maybe a retrace entry at the line marked on lower timeframes will present itself. Gold 4hr ...
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alphac replied Feb 18, 2016Bill thanks for your questions, I'll do my best to put my thoughts down. 1. Is the Brent FTA rejection you refer to the blue box area and if so are you simply saying that there was no space for the trade to go?? Yes, the blue box, the two candle ...
james16 Chart Thread
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alphac replied Feb 17, 2016Brent hits the FTA and is rejected straight away, to someone new the GJ setup url and the Brent chart will look very similar and those Outside Bars are always very tempting. There's so much free stuff here to learn this so you can just see it at a ...
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alphac replied Feb 16, 2016Brent (UK) Oil Daily, shame the BEOB wasn't higher, it's got a lot of hoops to jump through and difficult to manage, it's a nice size bar but has to be left alone for me. image
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alphac replied Feb 15, 2016Now have a BUOB on the 1hr at ppz, maybe it won't retrace any further on the Daily bar and it might make progress North. Though notice price still hasn't closed above the ppz area at the pink rectangle. i wouldn't want to be taking any trades in ...
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alphac replied Feb 12, 2016Look for lower timeframe entries Greg, if you use the WIPG target, it's only 14 pips away, your SL is over 100 pips so as you said what do you do when price hits it? If you can use the WIPG as your take profit then you're in a lot better shape. Find ...
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alphac replied Feb 2, 2016Hi 1212, are you trading it as a break of the inside bar? It's usually best to trade the extremes of the box price is in or off the mid PPZ, price is kind of in no mans land, but the 4 hr chart may be helpful here. image Daily chart image
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alphac replied Feb 1, 2016Good luck with that GB, I didn't like that pin myself, it travelled too far down the previous bar for my liking and wouldn't surprise me if it filled, if price reached the bottom area of the pin again I'd take profit personally.
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alphac replied Jan 21, 2016Certainly worth keeping an eye on the top line, the 2.20 BRN is in there to. It's in a longer term down trend, there is divergence on the weekly though.
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