Second test of PPZ around 1.5k remains intact. TL is still in place, but if on Dec.11 US rates go down again, that resistance area might get broken.
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Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedSecond test of PPZ around 1.5k remains intact. TL is still in place, but if on Dec.11 US rates go down again, that resistance area might get broken.Ignored
Dislikedsome treat it like a business and some treat it like its vegas. nice stuff ademac. not many like you i promise. after the new site is open i really will have time to be a dad again to this thread and im looking forward to it. whether those that follow this thread ever join us or not the new site will have a free guest chatroom to supplement this thread. not a wide open chatroom but a restricted small place for those of you that enjoy following and learning the material here.
jimIgnored
DislikedHi Jim
The information posted in this thread is worth its weight in Gold, particularly the Pinbars. Have saved all the charts & look forward to joining your Site soon enough. Thanks for making Forex Trading ProfitableIgnored
DislikedHipsterPipster
You miss the point. Rule 3 on this forum says:
"Promotional agendas tend to compromise the integrity of forum discussions and are therefore not permitted.* If you make money by servicing Forex traders in any way, shape, or form, you are NOT permitted to post in the forums unless you have prior approval. If you attempt to use the forums as a promotional tool you will be banned without warning!"
TrevAIgnored
DislikedYou wont be making many friends around here talking like that, we all adore Jim, and more than a few of us owe any success to him ...Jim, thanks again for all of your help, Im a lifetime away from where I was this time last year
PS Way to go Ademac!
Take care all, RazIgnored
DislikedJim,
I too will be joining the PF shortly, it took me over a month to read this thread and I saved many of your initial images/charts with the price action descriptions and go back and re-study them all the time.
I can only speak for myself but......It's people like James16, Jacko, feb2865, and more recently fti, who have freely shared their wealth of knowledge and experience of the markets to this forum that makes ForexFactory the best place to go IMO to get an MBA in forex training for free.
Once again thank you to all the contributors to this site.Ignored
Dislikedthanks raz,
man you live in a neat place. always wanted to visit there. always makes me think of bob seger and the silver bullet band.
you have the coolest username on the forum imho.
jimIgnored
DislikedTURN THE PAGE!
I'm on a lost and lonely highway, too! *humdeedum on the road again*Ignored
DislikedUSD/CHF getting ready to break UP again hopefully.... off today's IB...Ignored
DislikedTiki how you play this kind of set up, SL is yesterday's low? I also place buy stop and seem it faked outIgnored
DislikedYou should not take the trade until after the IB breaks either up or down... my post said hopefully the IB breaks up... but as you see, price went down... I would have made a buy say 15 pips after break UP of the IB... I did not expect price to go down, but since it did, I lost nothing because no order ever kicked off...
BUT, now that I look at it, all looks good because things are shaping up nicely for my inverted Head and Shoulder pattern. Hopefully it is just about time to go LONG here...
Also, becareful about trading anything I might say... my account is still DOWN about 8% for the year...!!!!!!!!!!!Ignored
DislikedMy fear is that PA is so subjective that only an mature already accomplished trader with intuition can use it.Ignored
QuoteDislikedI am wondering if i should just keep fumbling around hoping some day it will come together or is there another way to make PA more mechanical and less subjective?
DislikedSo far i am failing at executing any sort of reliability with PA trades. Still losing more than i am winning. I feel i could do better flipping a coin. Looking at this thread where people are talking about how great the information is makes me feel like i am looking through the window of my car door and the keys are in the ignition but the doors are locked.... so close but yet so far.
My fear is that PA is so subjective that only an mature already accomplished trader with intuition can use it. Since trading with intuition is the highest achievement that a trader can obtain this may be very difficult for the majority trying to learn.
I am wondering if i should just keep fumbling around hoping some day it will come together or is there another way to make PA more mechanical and less subjective?Ignored
i didnt read the whole j16 thread. i read the first 10 pages. i follow very few specific posters like mqb and ademac. i used to trade a variety of systems right from fozzy.. i have deleted all indicators now, and only look at these four set ups. i am not doing anything different to whats in those set ups mentioned in the few charts posted at the start of j16.
so far i have been successful in the last 3 months. yes the trending market has helped, but i can only trade what the market throws at me.
i am confident in pa.
i have learnt to ignore the 'noise' on these ff, and believe me, theres lots of it.
hope that helps in whatever way, to whoever.
DislikedSo far i am failing at executing any sort of reliability with PA trades. Still losing more than i am winning. I feel i could do better flipping a coin. Looking at this thread where people are talking about how great the information is makes me feel like i am looking through the window of my car door and the keys are in the ignition but the doors are locked.... so close but yet so far.
My fear is that PA is so subjective that only an mature already accomplished trader with intuition can use it. Since trading with intuition is the highest achievement that a trader can obtain this may be very difficult for the majority trying to learn.
I am wondering if i should just keep fumbling around hoping some day it will come together or is there another way to make PA more mechanical and less subjective?Ignored
DislikedSo far i am failing at executing any sort of reliability with PA trades. Still losing more than i am winning. I feel i could do better flipping a coin. Looking at this thread where people are talking about how great the information is makes me feel like i am looking through the window of my car door and the keys are in the ignition but the doors are locked.... so close but yet so far.
My fear is that PA is so subjective that only an mature already accomplished trader with intuition can use it. Since trading with intuition is the highest achievement that a trader can obtain this may be very difficult for the majority trying to learn.
I am wondering if i should just keep fumbling around hoping some day it will come together or is there another way to make PA more mechanical and less subjective?Ignored