Dislikedhey guys, was dis a valid buob
jst curious...was watching dis as it occured....& it played out nicelyIgnored
Round numbers dictate terms bro
I believe . . .
Where can I learn more about Price Action like those in James16 charts? 9 replies
Dislikedhey guys, was dis a valid buob
jst curious...was watching dis as it occured....& it played out nicelyIgnored
DislikedI have closed this trade as we are at a strong support area. Hope you guys got a piece of this too.
This is the only trade I have taken in the last month. I have learned the hard way that patience is key.
cheers
fxpIgnored
Dislikedyep right off the large PPZ at 1.3(my favorite)
thnx guys, i even just switched to 8hr chart ...much clearer
ps : im having so much fun...Ignored
DislikedAud/Usd long setup.
Good sized PB bounced off Fib 6.18 and rt back up through Fib 50.
Good support.
100 pip move to next major resistance.
OK guys, I'm sitting down - hit me, I can take it.
What am I missing?
Same charts - just one is Bars the other is candles.
Also color scheme of ma's, is there a prefered scheme.
And what is the 365ma for? I never seem to see it.Ignored
DislikedHi there,
Except that it's near a swing high Au's an acceptable bad setup. Not A+ by any means though...
I would personally watch out for the thin blue ppzs in my chart, IB still has quite some time for the daily to close and if by then the Pb makes it's way to the first ticked blue ppz I might pass it altogether...
I like my setups to form at deep pullbacks and at swings, it's a case of neither the current Au setup so make sure you're atleast aware of it's mediocrity.
That said there is no special color scheme for any particular MA, just...Ignored
DislikedGreat stuff Nick,
The presence of ppl like you on this thread is a great motivation to all who find it difficult to employ the correct measure of endurance.
Well done Mate
Regards,
Ghous.Ignored
Dislikedyeah we want to set pending orders above the high of the actual pin....Ignored
DislikedMike, by the break do you mean the 3rd eye needs to close below the PB's high/close or simply penetrate it to consider it broken? Thanks for your patience!Ignored
DislikedDear all,
Having read about james' methods I figured that this would be the appropriate thread to post my question in.
My problem is basically with the whole concept of candlestick/bar patterns in essence. Lets take Forex daily charts as an example. Considering that different brokers are located in different time zones, they all have their own concept of when the 'end of the day' is thus the sometimes huge difference between daily candles in each feed (as probably most of you who follow multiple feeds have witnessed).
Knowing this fact I just...Ignored
DislikedHi there,
That said there is no special color scheme for any particular MA, just feel free to use wny color you wish to.
Regarding the importance of the 365 MA Jim (James16) Himself recommends this MA for anyone who uses these lines, simply because it's the most important MA out there.
There's nothing much to say abt these lines they're just additional sources of support and resistance and can aid in confirming confluence zones etc. If you've gone through Jim's videos in the guest section of the PF he has talked abt MA conflunece on quite...Ignored