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- jarroo replied Jul 8, 2013
On page 6, Post 111; Jim shows a chart of a DBLHC on the Daily Eur/Jpy which doesn't prove successful (let's just say it was delay a few days). On this chart, he refers back to the chart on Post 58, page 3. The actual chart is on Post 59. Trust me ...
- jarroo replied Jun 24, 2013
Yes, I know Mav . . I meant no disrespect . . it just that the UsdCzk is not a pair that's frequently discussed. . .it may be the first time its charts have been posted . . Jim
- jarroo replied Jun 24, 2013
What the heck is a Czech Koruna? . .lol . .
- jarroo replied Jun 24, 2013
Strong level of Resistance, Giovanni. Weekly and Daily HCR level with a Weekly 150 ema confluence. Notice where the two Daily Highs of the Day hit. .not a coincidence . . Jim
- jarroo replied Jun 24, 2013
Hey G. . Just to add to your reasons why this 4 hour PB lacked a momentum break . . it was sitting on a Strong Daily LCS level. If that 4 Hour PB had a strong Close Below that Daily LCS (and your trend line), we could have had decent move down. I ...
- jarroo replied Jun 19, 2013
I need to see some charts from you dennis, in your example.
- jarroo replied Jun 18, 2013
Space is a wonderful thing . . on so many levels (no pun intended. ) . . . .just ask Mike (mbqb11) . . Strong levels . like the ones on the Top and Bottom of Consolidation . .do tend to show there strength in Space . . Jim
- jarroo replied Jun 18, 2013
I'm sure that's part of it Steve but I believe Price is more reactive to the near term levels that are in Space. . Jim
- jarroo replied Jun 18, 2013
I've been looking at this past Consolidation on the AudNzd . .bottom LCS levels on the Weekly and Daily . . the open Space between them and current price give them strength again. . .no surprise how current Price is reacting to them . .nice lower TF ...
- jarroo replied Jun 18, 2013
Looks like its working out . .hitting some FTAs . .Nothing wrong with taking a valid SFP just as long as your expectations are to the targets (FTAs). Price starts closing below our targets/FTAs is a great way to manage the trade. Jim
- jarroo replied Jun 18, 2013
Cool Steve . .I'm glad its helpful . . I like these trendline confluences in green . .
- jarroo replied Jun 18, 2013
Thanks jon . .Pick the nose of that PB . Bam Baby!! . . . .lol . Jim
- jarroo replied Jun 18, 2013
Looks valid to me joe and could work out nicely . .. .but that higher Swing point looks better . .
- jarroo replied Jun 18, 2013
Hey Dennis . .. can you show a chart with the answers to these questions . . "Example . .take the AudUsd Weekly HCR level at the .9327 . .when Price reached this level, how did it look on the Hourly ??. .did Price Close below it on the Hourly?" ...
- jarroo replied Jun 18, 2013
You're on a roll, Steve . . . . The levels look a bit crowded but when given a bit of Space they do tend to be reactive again . . Jim
- jarroo replied Jun 18, 2013
Excellent GiovanniV . . . Jim
- jarroo replied Jun 18, 2013
Nice one on the UsdChf, Steve . .looks like you caught some Highs of the Day . . Jim
- jarroo replied Jun 18, 2013
So that's what paradise looks like . .nice Mike . .very nice . . .
- jarroo replied Jun 18, 2013
Hey Chanya . .good to see you, my friend . . Your PDF is a good summary of my method . .its help alot of people . .thanks Jim
- jarroo replied Jun 18, 2013
"Signatures" are how I define how Price reacts to Support and Resistance levels . .usually on a lower TF . . If Price cannot Close Below a certain level it is defined as a Support level . .if Price cannot Close Above a certain level it is defined as ...