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g_j_hook@yah replied Jul 8, 2009ok, thanx again, im just trying to understand the logic of the right/left eye. i personally dont use it as a place to hide my stop,Although i like the break bar high idea.(thanx Jarroo
)( i am actually short gb-us/yen )Experience tells me ...james16 Chart Thread
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g_j_hook@yah replied Jul 8, 2009thanx Mike,(wow your fast!!
) so basically as i see it, the level of the eye/s is where the main body of orders kicked in to reverse the price, with the shadow representing the "overflow"( for want of a better word?) of the orders??this then makes ...james16 Chart Thread
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g_j_hook@yah replied Jul 8, 2009Hi Basber, the rise in the eu/gb may not reflect a strong euro, it could be just that the gb is weaker in comparison. also from what i read(not experience or tested fully yet) the eu/yen is more likely to mirror the gb/yen rather than the eu.gb. ...
james16 Chart Thread
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g_j_hook@yah replied Jul 8, 2009Hi Mike, i was just wondering if you could explain the importance of the left eye price/level. i often see price make that perfect right eye,i.e. the same price, but the price doent seem to hold any value appart from it being the left eye price?? ...
james16 Chart Thread
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g_j_hook@yah replied Jul 8, 2009hi bakko, for what its worth i would be wary about a blind entry here. Great PPZ but it has been has been bashed quite a bit allready and each reaction high of late has been getting lower and lower. It has got some nice bullish div on the 4h TF ...
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g_j_hook@yah replied Jul 8, 2009Can i be the apprentice????? hehe
Igrok Method. Q's & A's. Comments, thoughts and ideas
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g_j_hook@yah replied Jul 8, 2009here here,
it seems the end of bar SL has been abandoned!!?? in favour of R:R??? i dont get it! jonjames16 Chart Thread
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g_j_hook@yah replied Jul 7, 2009Hi 4fun, buying a 1h small, not very convincing pin bar with strong downward momentum running straight into res at the round number, on the retrace, BEFORE it even broke is not just a risky trade imho, its suicide for your account!! looking back at ...
james16 Chart Thread
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g_j_hook@yah replied Jul 7, 2009Be carefull with this one mate that is more a nuetral bar than a pinbar on my feed(spinning top candle). Im not saying it wont work out but i would play it fairly tight. i am also pretty bearish on this pair and the 1.8700 seems to be the deciding ...
james16 Chart Thread
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g_j_hook@yah replied Jul 6, 2009hi goldbird22, its simple, its just all the jargon gets confusing. R:R = risk:reward/return if you risk say 50 pips and make 100 your R:R is 1(what you risked):2 (what you made in relation to the risk, i.e. in this case twice the amount of what you ...
james16 Chart Thread
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g_j_hook@yah replied Jul 6, 2009lol..dito the 4h us/yen pin. lets see how it runs over the asian session? i like how the US futures (dow,S&P,NASDAQ mini)have closed with bullish looking bars also. good luck jon
james16 Chart Thread
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g_j_hook@yah replied Jul 6, 2009yeah, i suppose its what TF you look at it from. Dont mean to split hairs,lol just thought id mention it. cheers jon
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g_j_hook@yah replied Jul 6, 2009NZ/YEN — this is one i will be taking if the bar closes like it is now. nice looking daily pinbar with a little divergence, it could be longer but it is a nice shaped bar. i like that it seems to clearly shows the buying pressure coming in ...
james16 Chart Thread
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g_j_hook@yah replied Jul 6, 2009hi stewrigh, just looking at your chart the last HL should be a LL no ??i would count the reaction low to the first HH you marked as my first HL.?? just mo. jon
james16 Chart Thread
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g_j_hook@yah replied Jul 6, 2009hi Ravone, i didnt and still dont see it as a clear short. maybe you can post a chart and show what you mean? the weekly bar used for a trigger is not a clear signal to me? No offence here Revone but imho this is the fastest way to blow your ...
james16 Chart Thread
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g_j_hook@yah replied Jul 6, 2009yeah good point ghous,this is why i didnt post it over the weekend. its something to watch. ( i had actually just closed my short from this morn when i posted.)i would like a retrace entry if poss?? cheers jon
james16 Chart Thread
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g_j_hook@yah replied Jul 6, 2009gb/chf — here one im watching closely. nice weeklt IB mabye gonna break hard?? jon
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