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    • g_j_hook@yah replied Jun 24, 2013

      haha i thought we had been through this....that ib isnt bearish. its neutral (in my opinion at least) im with PB, this pair has just made new yearly highs and the IB was sat on top of the RN PPZ ( check jan through august 2010) there has been a ...

      james16 Chart Thread
    • g_j_hook@yah replied Jun 23, 2013

      dont know about a failure. it hit the FTA, shouldnt av been a full bar loss at least. and it took two bars to break which always hints at the lack of momentum (to me) so i wouldnt have been so suprised at the outcome. Especially after that strong ...

      james16 Chart Thread
    • g_j_hook@yah replied Jun 22, 2013

      maybe i used the wrong phrase.. it can be indisicion, what i meant is it is a short term consilodation, or rest in price movement. Not the longer term consolodations like the boxes Mike shows. I would say it is a more neutral bar than a doji, ...

      james16 Chart Thread
    • g_j_hook@yah replied Jun 21, 2013

      agreed, Mike has this way of explaining thing that makes stuff simply fall into place. Thats a talent in itself. "rifle shot mentality" class. ill be nicking that one, it fits my avatar perfectly (if not my trading :/ jon

      james16 Chart Thread