DislikedMike, Is the reason same for passing both the trades ?
1) GBPCHF - Attached
2) EURAUD - The one you just passed ?Ignored
Best
Mike
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedMike, Is the reason same for passing both the trades ?
1) GBPCHF - Attached
2) EURAUD - The one you just passed ?Ignored
DislikedThank you Mike.
But one is reached both the targets - both the touch points of trendline (EURUAD)
and the other one = only touched the first touch point and struggling to reach the 2nd one though the setup is still valid (since the buob is still not taken out).Ignored
DislikedHey C
It doesn't have to be all or none with these. Sometimes I aim for the top sometimes, i hold, most times im looking to reduce my risk. I treat my exits like my entries, utilize the information given and try to make the best decision. Although I am sure if you pick good patterns the majority would make it to the base point of the pattern. But if I was in the euro/usd one which is what I assume you mean I would never ever be taking any kind of substantial loss at this point.
Best
MikeIgnored
DislikedHey Aslam
Welcome glad to see you digging through this head
That chart is a TBH(two bar high). James could have put two arrows to show the matching highs but he used one big arrow. Notice the highs are matching. When multi highs/lows break they are often a sign of continuation(resistance breaking).
Similar to this
http://www.forexfactory.com/showthre...7911#post17911
Again welcome and best of luck
MikeIgnored
DislikedWow thanks a lot for James to post those valuable charts.
Been a silent reader for a while and I got a question regarding the PF.
I have a dynamic ip address, and unable to obtain a static ip from my provider in my country (Singapore) for home users. As such will I be able to access the PF or will it lock me out frequently due to the ip changes. Anybody got a fix ?Ignored
DislikedJames changes the entry rule. Is there any training demo on this new entry methods?Ignored
Dislikedi did it
James16 thanks from the me and my mom I am not yet in the pf but i very carefully studied this thread and i realized how it's done... seems...
AttachmentIgnored
DislikedHelo every one here...
im new here on James16 chart thread. two or three years ago one of my friend's friend i met to, suggeted me the world of forex. I was studing my masters at that time. I sign up to ff but could not get things into my head.
then i startd trading and traded occasionally on demo but blown all my accounts. just recently I opened a real account with $500 ...but now i have just $345 in it...
Having lost my real money I got serious and contacted one of the guys following James16chart, the GHOUS. he is helping me to...Ignored
Dislikeddang. the built in "expert adviser" of the james16 thread beat me to it.
g.Ignored
Dislikedwelcome aslam,
take your time and follow post 1 and you will do fine.
jimIgnored
DislikedWell , Here I am
Breakout of the wedge with a nice BEOB on GOLD at 1650.
One of my very few trades this month (second actually).Ignored
DislikedNice one Rust. Do u usually trade BO like it is or wait for retracement back under TL?Ignored
DislikedLaughing ur way to the bank Rust
In other words, when u get nice PA, u don't wait for retracement back to BO line? Trying to understand when u take those BO right away and when u wait for retracement...Ignored