But I just smile . Confluenced PA with the trend.
I'm sure Ryanmcd would just say to me right now is . . . "DDDUUUHHH". lol
Indicators show the past. Price Action "Indicates" the future.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedYeah sure, I'm kicking myself a little bit right now. And I got plenty of excuses too . . . not familar with the pair . . . pair is a choppy . . etc.Ignored
DislikedCouldn't possibly go any higher eh? lol
Going to be interesting to watch this one, by the looks.
NZD pairs have been good to me lately too.Ignored
Dislikedjust for the self purpose of learning price behavior
decided to throw up daily AUDCAD chart,althought I have a folder full of them,but this pair hasn't been discussed here or if it was apologize
We have a nice PB which penetrate enough away from the highs to the left(number 1) and good enough in to the low from the previw range box(number 2).
This kind of area filled with a lot of conflence are strong enough,and it may be a high probability that your setup it will work.
-TL using highs
-61.8 fib ret from last swing high/low(isn't on chart)...Ignored
DislikedYeah, FE would be handy. Damn ugly chart to base it off of though. LOL
I like the cleaner charts , as I said.
...OK.... We could try this and see what happens as an experiment...
100% move is around about 1.3225
161.8% fib move is about 1.3780
Don't think the Kiwi's will let it get THAT out of hand though. Or they'll try not to. lol
Chart...Ignored
Quoting bundyraiderDisliked...OK.... We could try this and see what happens as an experiment...
100% move is around about 1.3225
161.8% fib move is about 1.3780
Don't think the Kiwi's will let it get THAT out of hand though. Or they'll try not to. lol
Chart...Ignored
DislikedJim,
I see the fibs on the EU and GU charts above are drawn from PPZ levels rather than highs/lows.
Thats really interesting - I've never seen that before.
It might open up whole new vistas for me.
Many ThanksIgnored
Dislikedno they are high to low but you are noticing something.
those highs and lows often turn into pivots for the simple fact that they ARE definable highs and lows.
the low on gu is an example.Ignored
Dislikedwhats all this non-farm stuff?
does it actually have something to do with trading?
someone fill me in please.
jimIgnored
DislikedHere is my honest answer and what I tell most people
I hate talking bout the private forum in public. I don't ever want people think we are soliciting b/c we just aren't that type of groupIgnored
DislikedIs he talking about me? That quote links directly to a james16 post. James is there something you're not telling us? Is it true that after all this time you are in fact....Chuck Norris?
Actually in a smack down between Jim and Chuck I'd fear for Chuck. He'd be left bleeding in an alley with a pinbar sticking out of his eye and an outside bar rammed up his..... never mind.
(Btw, it's always a good day when I wake up to charts from James)Ignored
DislikedCHART
I KNOW ITS AFTER THE FACT but go look for good bars at 50 and 61 retraces on daily charts and see for yourself. i will post another one.Ignored
DislikedI was thinking of the Chuck Norris stuff to James and/or Mike too. lol
"Mike doesn't wait for Price, Price waits for Mike".Ignored
DislikedYou see that pinbar reversal? That's just price running scared because it saw Mike coming.Ignored
DislikedI made 5000% this morning when I asked my girlfriend for a dollar coin for the coke machine at work and found a $50 note in her wallet.
I should so write an ebook.
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DislikedI'm with you here, gets old real fast these days. But it is the 4 month rule. Every 4 months trust meIgnored