james16 Chart Thread | Page 7039 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Where can I learn more about Price Action like those in James16 charts? 9 replies

Attachments: james16 Chart Thread
Exit Attachments

james16 Chart Thread

  • #140,761
  • Jun 19, 2017 5:13pm Jun 19, 2017 5:13pm
NZDSGD Daily chart, pinbar. I'm not too excited by this, but may be proved wrong. It closed just above the BRN 1.00 and a look at the 4 hour chart shows a box where price has already had a false breakout but this time price could rebound off of the top of the box as price has made a higher high, I'd wait until price gets to the top line again. Also notice the size of the pinbar compared to the previous bars.

Daily chart

Attached Image (click to enlarge)
Click to Enlarge Name: nsd.png Size: 22 KB


4 Hour chart

Attached Image (click to enlarge)
Click to Enlarge Name: ns4.png Size: 12 KB
  • #140,762
  • Jun 19, 2017 9:15pm Jun 19, 2017 9:15pm
Quoting florinellz
USD/SEK H4 i'm watching blue area for price action {image}
Hi Florinellz. Price action signal for longing or shorting?...
profitable trading does not mean trading everyday
  • #140,763
  • Jun 19, 2017 9:17pm Jun 19, 2017 9:17pm
Quoting alphac
NZDSGD Daily chart, pinbar. I'm not too excited by this, but may be proved wrong. It closed just above the BRN 1.00 and a look at the 4 hour chart shows a box where price has already had a false breakout but this time price could rebound off of the top of the box as price has made a higher high, I'd wait until price gets to the top line again. Also notice the size of the pinbar compared to the previous bars. Daily chart {image} 4 Hour chart {image}
I think H4 chart shows that trend is up...
profitable trading does not mean trading everyday
  • #140,764
  • Jun 19, 2017 9:18pm Jun 19, 2017 9:18pm
GBP/USD shows PB + BEOB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 24 KB
profitable trading does not mean trading everyday
  • #140,765
  • Jun 20, 2017 10:18am Jun 20, 2017 10:18am
Quoting Maklla
Daily BUOB. {image}
take profit one hit,
I share 4 trades, and all 4 was take profit
Attached Image (click to enlarge)
Click to Enlarge Name: 33.jpg Size: 734 KB
  • #140,766
  • Jun 20, 2017 11:10am Jun 20, 2017 11:10am
Quoting richadi36
GBP/USD shows PB + BEOB {image}
entry with limit order at BRN 1.2750. 2:1 TP was hit.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 24 KB
profitable trading does not mean trading everyday
  • #140,767
  • Jun 20, 2017 5:06pm Jun 20, 2017 5:06pm
Quoting richadi36
{quote} entry with limit order at BRN 1.2750. 2:1 TP was hit. {image}
GBPUSD 4 Hour chart. I'll continue being bearish on the pound for a while yet, brexit negotiations look set to be tough, May still hasn't got the DUP on side, inflation against wage growth etc

Price could pause or retrace here, I still fancy it will drop further.

Attached Image (click to enlarge)
Click to Enlarge Name: gu4.png Size: 57 KB
  • #140,768
  • Jun 21, 2017 3:14am Jun 21, 2017 3:14am
Quoting richadi36
{quote} Hi Florinellz. Price action signal for longing or shorting?...

Richadi sorry to answer that late. I was looking to buy at that area because price was in a divergence. I didn't take trade because price didn't show us a pattern for long( At least in my feed).
Another one that i'm interested now is GBP/AUD H1. We can see that the price is in a divergence without any indicator. We can see that the price is squeezing, the swing high exceeds the swing low at least 2 time until now. I'm watching for price action for long at blue area from my chart.

Sorry for my english
SL= Swing Low
SH= Swing High

Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud-h1-international-capital-markets.png Size: 29 KB
  • #140,769
  • Jun 21, 2017 3:29am Jun 21, 2017 3:29am
Just closed this one,had a pending order under those IBs
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 19 KB
  • #140,770
  • Jun 21, 2017 3:45am Jun 21, 2017 3:45am
Took this one from the daily,the wicks suggested plenty of supply.not j16 but you can't ignore it.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 22 KB
  • #140,771
  • Jun 21, 2017 4:00am Jun 21, 2017 4:00am
Going to close this one,stalled on the fta.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 24 KB
  • #140,772
  • Jun 21, 2017 4:24am Jun 21, 2017 4:24am
Quoting Maklla
Daily BUOB. {image}
take profit 2 hit
Attached Image (click to enlarge)
Click to Enlarge Name: 9.jpg Size: 712 KB
  • #140,773
  • Jun 21, 2017 11:26am Jun 21, 2017 11:26am
Quoting mallee
Going to close this one,stalled on the fta. {image}
It was nice to trade after BEOB, but it was counter trend action. For a long time I have been observing the thread, and, SOME guys mostly take counter trend trades. I know that it works sometimes, but not always. We all know that TREND IS OUR FRIEND. If we take trades based on the current trend not the single bar formation, we will definitly gain more profits like 1:3 or more (at least 1:2). That's why, first, we should identify the TREND on any timeframe we are working... In this case, Mallee, did you notice that trend was changed when BEOB formed... it was uptrend...
profitable trading does not mean trading everyday
  • #140,774
  • Jun 21, 2017 4:07pm Jun 21, 2017 4:07pm
Quoting richadi36
{quote} It was nice to trade after BEOB, but it was counter trend action. For a long time I have been observing the thread, and, SOME guys mostly take counter trend trades. I know that it works sometimes, but not always. We all know that TREND IS OUR FRIEND. If we take trades based on the current trend not the single bar formation, we will definitly gain more profits like 1:3 or more (at least 1:2). That's why, first, we should identify the TREND on any timeframe we are working... In this case, Mallee, did you notice that trend was changed when...
I hear you Richard,but in this case,price was below the 50 &100 sma.I don't get hung up on R:R and I'm trading price, not trends. If I get 1:1 on 80% all good.
Al
  • #140,775
  • Jun 21, 2017 8:29pm Jun 21, 2017 8:29pm
Quoting mallee
{quote} I hear you Richard,but in this case,price was below the 50 &100 sma.I don't get hung up on R:R and I'm trading price, not trends. If I get 1:1 on 80% all good. Al
I agree. Everybody has his own trading style or strategy. But I never rely on indicators - they all make me confuse and get lost. Only I use AverageTrueRange indicator to see how much I can put SL and TP... wish you profitable trades!
profitable trading does not mean trading everyday
  • #140,776
  • Jun 22, 2017 1:59am Jun 22, 2017 1:59am
Attached Image (click to enlarge)
Click to Enlarge Name: 6.jpg Size: 687 KB
  • #140,777
  • Edited 5:12am Jun 22, 2017 4:35am | Edited 5:12am
Not a great PB but took the trade when it broke below 2 4h IBs.Yes Richard I'm watching to see if price bounces off those SMAs lol.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 22 KB
The PB I was referring to was the daily.My bad.
  • #140,778
  • Jun 22, 2017 5:07am Jun 22, 2017 5:07am
Quoting mallee
Not a great PB but took the trade when it broke below 2 4h IBs.Yes Richard I'm watching to see if price bounces off those SMAs lol.{image}
Closed it.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 22 KB
  • #140,779
  • Jun 22, 2017 11:46pm Jun 22, 2017 11:46pm
Good health
What do you say for a USD / CHF pair?
Attached Image (click to enlarge)
Click to Enlarge Name: Безымянный.png Size: 29 KB
  • #140,780
  • Jun 23, 2017 4:15am Jun 23, 2017 4:15am
I sell EURUSD H1
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 36 KB
29 traders viewing now