#doyourownanalysisordietryin ![](https://resources.faireconomy.media/images/emojis/64/1f643.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/1f643.png?v=15.1)
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHey Bones, not to offend. But i see that maximum of the trade u take is against the trend and upon that u open mutiples positions. This just confuses me a lot. as per james16 methd, we should trade according to the trend using price actions, but u do the reverse of it ? and myself being a newbie and just starting up with the price action trading, i really get nervous or feel myself mistaken when i see u have took the opposite of my trades.Ignored
DislikedThen clean up the people like Edgy540 who are instigating this kind of discussion. This is all this guy ever does and you must realize this already? Perhaps being a PF lifetime member gives them the right to go unchecked? It seems rather ridiculous. But, not totally unfeasible, going on personal previous experience.
Yeah, as you told me, I have a target on my back, but this does not give any unhelpful Jerk the right to shoot at it, or does it?
This is the problem with this thread, the people taking the arrows get warned but those in the PF,...Ignored
DislikedHey Bones I agree with this and also no offence you are obviously a great trader but I cant make head nor tail of why you have entered at your levels etc. if you post your charts could you explain why you entered where you did thanks mateIgnored
DislikedYou know that I just want to help. I hope you will not be the last seller selling this thing. We can not just close our eyes to the Weekly Hammer. Stop loss is the only variable that we as traders can control. I hope your trade will have a good outcome. Remember fear can lead to a freeze response. Do not let this happen to you.Ignored
DislikedHey Pin
I always like your charts they always explain everything clearly, I am a relative newbie and enjoy your posts but this guy bones just puts up trade and chart after chart with no explaination what so ever and it means finding the useful posts in the thread hard to find!Ignored
DislikedSo you're not a real trader, but you're trading an account with real money?
Sorry, I'm just a little confused here so a little clarification might be necessary.
And by the way, I really do not like or appreciate the fact that you're attacking people like edge540. If you listed out all of your confluence (J16 reasons for taking the trade) and posted clean, logical charts like he did, I would not mind you posting here. As was stated before by multiple people, your charts are cluttered, confusing, hard to follow, and are not a J16 style of trading....Ignored
DislikedThanks Mike ,really I have a lot of tools outside this thread ,confluence to know I am good in my thoughts ,if the tl we are at confirms it only adds to the thought that i am right.
This account is locked at max (micro) I also have eur jpy short in it with good profit in all honsety I would add thereIgnored
DislikedYes guys, let's not turn this thread into a post whatever is on my mind thread liek the Eur/usd thread or Gbp/Usd thread.
I would rather not having to start cleaning up this thread. This thread is meant for NEW traders. So what are we here to do but help new traders. If you have a chart, post your explanation with it. Not just a buy or sell order that doesn't help people UNDERSTAND.
Please let's not have me have to clean up posts.
For example here is a trade I am in, with a full explanation. This is a touch trade using the concepts...Ignored
DislikedHey Magestic
Yes you are starting to think about things in the right way. This one is starting to show fading momentum, but I would really like to see price try to make one more new low and shoot quickly higher. Then we would want to really see price close back above the box and by that point above the lows around 9300. 9300 is a fantastic pivot so it's not surprising to see price consolidate here. I have had this area on my watch list since march(see chart)
Also I attached an example chart of what I mean. I t's a crude drawing but to give you an idea what would give me more strength of a loss of momentum as well as a strong confluenced area for price to be able to work higher.
Best
MikeIgnored
DislikedPoint taken ,although he was rude first ,I like cheeky but not rude ,
no probem
edge540 has made a mistake with the trade in the fact that he thinks its a runner I feel without a retrace much higher than his tradeIgnored
DislikedYes, Jim.
I was asking about you as we do not see J16 nearly as often.
Totally agree and, it was no big surprise where it bounced at these former double barrels.Ignored
Dislikedlol not really
gold small is beautiful
small has confluence and in line with monthlyIgnored
DislikedFor the followers of Jarroo's methods: I have attached my first attempt at drawing HCR/LCS levels (done on the AUD/USD). What I have done is looked at monthly, weekly, and daily levels and drawn those. My horizontal lines are:
Red= Monthly HCR/LCS levels
White= Weekly HCR/LCS levels
Blue= Daily HCR/LCS levels
Jarroo has sent me several PM explaining what he does and I know he is busy and not always able to check his PM inbox, so can anyone in here at.
Any help would be appreciated!Ignored
DislikedI'm no expert at jarroo's stuff, but I'll give a shot. This post is how I drew my monthly levels. I'm not sure others look as far left on the charts as me, but here goes.
I started at the previous extreme HCR and marked my first level there. I immediate notice what's going on at points 2 and 3 to theright (price current target I believe). Notice how there is a cluster of 3 HCR/LCS bracketing RN .9600. This confluenced area is currently my primary location to watch for PA on monthly to 4H.
I added 4 because it is top of current consolidation....Ignored
Disliked
So here's my chart after adding the weekly levels, with my thoughts on them. You can see when you start adding a lot of the levels from different time frames, you can definitely have several lines on them....thing is they all can be important.Ignored