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

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james16 Chart Thread

  • #141,001
  • Sep 21, 2017 1:24pm Sep 21, 2017 1:24pm
I bought a 1 month subscribtion on the paid site yesterday, having no idea about everything that eventually happened. Im glad to say I didnt buy the lifetime membership, which I actually pondered doing first.

There is still a lot of material to go through on the site, but what annoys me the most is the fact that there are only 9 short videos in the WIPG series, after hearing james talk about it being the most important.

The forums on there are dead, this one seems a lot more active. My plan is just to read all the material that is presented on the site in a month and then cancelling the subscription.

Feel really sad about everything that happened before I had a chance to get aboard, but I guess Ill try to make the most of it.

Feeling a bit dispaired too but luckily(?) that feeling has become second nature after a year trying to learn this business.
  • #141,002
  • Sep 21, 2017 2:22pm Sep 21, 2017 2:22pm
Quoting davpot
{quote} you got good result with price action on H4 level ? Because it seems weekly and daily level are more obvious ? so i m focus on these What do you think about that ?
Don't really understand what you mean, look at all the rejections at the price flip on the 4 hour chart.

@niklasnegri

Yes it seems it's no more than a resource now. Jim seemed to have left it to it's own devices, which is a shame after all the promises that were made at the relaunch (see post #1). He's done very well out of it for many years, and imo is being unfair to members, new and old alike. Whilst I believe he had a genuine interest in helping new traders, you have to now question his behaviour.

There should be more than 9 videos in that series, there was at least 20 or 30.
  • #141,003
  • Sep 21, 2017 8:22pm Sep 21, 2017 8:22pm
Quoting mallee
{quote} 300+ posts,thinks it's all a scam,but still posting
If you look at my posts from when I first joined FF I too was a sucker for the dream of making a fortune out of FX trading but reality now prevails.I did make money when I first started trading,pinbars,outside bars,swing failure patterns,support,resistanc,e blah,blah,blah but eventually lost it all as we all do.I continue to post because I find it entertaining.Rest assured if it's not a scam then it's all BS.
  • #141,004
  • Sep 21, 2017 8:35pm Sep 21, 2017 8:35pm
Quoting hicosoft
{quote} No, it is not for losers, but for those who are able to see what the "big money" guys are doing. Times have changed, they have computers to help them to encrypt price charts, they can tell their computers at what price point to reverse and how. There are price mechanisms which have nowhere been published yet. Retail traders do not have tools to discover what they do. Most search for something simple, for free, and would like to start making profits right away... Besides, the idea of divergence trading died several years ago, because someone...
You are just another purveyor of BS so of course you will claim to have all the answers because 99.999999999999999% of retail traders have no idea.Times have changed and "there are price mechanisms which have nowhere been published yet",you remind me of someone that used to be here at the FF...James16,does that name ring a bell?
  • #141,005
  • Sep 21, 2017 11:12pm Sep 21, 2017 11:12pm
Hey alphac,

Would you say the content J16 and others once taught is still viable today, or have the markets moved on?

Lets say all things being equal (i.e. you have the right psychological mindset for FX trading), if you followed the videos and advice given from years ago in this thread, could you be a profitable trader using good old PA with S+R?

Cheers
Paul
  • #141,006
  • Edited 7:43am Sep 22, 2017 4:35am | Edited 7:43am
Quoting pwellsau
Hey alphac, Would you say the content J16 and others once taught is still viable today, or have the markets moved on? Lets say all things being equal (i.e. you have the right psychological mindset for FX trading), if you followed the videos and advice given from years ago in this thread, could you be a profitable trader using good old PA with S+R? Cheers Paul
At the end of the day it's about being able to read charts so that you are able to give yourself a chance to determine which way price may move at any given point, that's all. There are many ways you can do it, from a single candle to years worth of candles. Some candles or groups of candles at certain positions have proven over time that they are more likely to be a precursor to price moving in a certain direction. If you have the right mindset, as you say, then there are still plenty of opportunities to make a profit on todays markets.

@edge540 If you've nothing positive to contribute to the thread then why bother posting, for many people trading isn't for them, this thread is for people who wish to learn and share ideas. There's plenty of rant threads if you want to let off steam.
  • #141,007
  • Sep 23, 2017 5:24am Sep 23, 2017 5:24am
New to this thread having been interested in forex for many years, always getting in turn interested then disillusioned with it always ending up like gambling.
Having worked through the first 110+ pages it is really apparent this method can help remove some of that gambling element.
I could be wrong but there also seems to be a friendlier tone in general on this forum than some others I have spent time on.
  • #141,008
  • Sep 23, 2017 5:15pm Sep 23, 2017 5:15pm
Quoting mysterg
New to this thread having been interested in forex for many years, always getting in turn interested then disillusioned with it always ending up like gambling. Having worked through the first 110+ pages it is really apparent this method can help remove some of that gambling element. I could be wrong but there also seems to be a friendlier tone in general on this forum than some others I have spent time on.
Welcome, yes we are a friendly bunch here

Did you get the boot on SH Forum?
It takes a lot for me to IGNORE you, but you can try.
  • #141,009
  • Sep 24, 2017 8:41pm Sep 24, 2017 8:41pm
Quoting alphac
{quote} If you have the right mindset, as you say, then there are still plenty of opportunities to make a profit on todays markets.
Thanks for the comments - cheers
  • #141,010
  • Sep 24, 2017 10:48pm Sep 24, 2017 10:48pm
Quoting edge540
{quote} You are just another purveyor of BS so of course you will claim to have all the answers because 99.999999999999999% of retail traders have no idea.Times have changed and "there are price mechanisms which have nowhere been published yet",you remind me of someone that used to be here at the FF...James16,does that name ring a bell?
Emotions, emotions, emotions....
A kind advice: try to read with understanding, do not twist someone's words, do not take words out of context, do not put into someone's head thoughts which do not belong there, do not insult others. A lot of stuff...
But these are the basic principles of human communications in modern world and someone must remind you about them.
Bye!
  • #141,011
  • Sep 25, 2017 11:50am Sep 25, 2017 11:50am
EUR/GBP 1H price in a box

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  • #141,012
  • Edited 12:26pm Sep 25, 2017 12:15pm | Edited 12:26pm
Quoting florinellz
EUR/GBP 1H price in a box {image}

thx !

How do you trade this ? price action on pullback after breakout ?
  • #141,013
  • Sep 25, 2017 12:52pm Sep 25, 2017 12:52pm
Quoting davpot
{quote} thx ! How do you trade this ? price action on pullback after breakout ?

Davpot in every box i want to trade the top or the bottom of the box. If i trade the break out the box i want a BOUB( for the top) of a BEOB(for the bottom). If the price didn't "show" us the PA i will wait for a retest of the top or the bottom and if this time the price "show" us the PA i would take the trade

example for short
2H BEOB USD/CAD

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example for long
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example for false breakout
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sorry for old chart and for my english hope you understand


P.S. USD/ SEK looks interesting

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  • #141,014
  • Edited 1:39pm Sep 25, 2017 12:55pm | Edited 1:39pm
yes i understand and big thx for your explanation ! much appreciate

PS: thx for USD/ SEK i m sell on the break of 1h pinbar
  • #141,015
  • Sep 25, 2017 5:05pm Sep 25, 2017 5:05pm
Quoting Erebus
{quote} Welcome, yes we are a friendly bunch here Did you get the boot on SH Forum?
Thanks Erebus. So SH - Sh*t Happens?

I didn't think the daily timeframe would be so appealing until I got my head in to this method
  • #141,016
  • Sep 26, 2017 3:14am Sep 26, 2017 3:14am
What about this one. GBPCHF pin bar off fib, then retrace of BUOB to pivot zone?

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  • #141,017
  • Sep 26, 2017 5:32am Sep 26, 2017 5:32am
Lovely work of art old mate.This is a PA thread.
  • #141,018
  • Sep 26, 2017 5:47am Sep 26, 2017 5:47am
GBPCHF 1 Hour chart. A couple of areas worth watching.

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  • #141,019
  • Sep 26, 2017 5:48am Sep 26, 2017 5:48am
Quoting mallee
Lovely work of art old mate.This is a PA thread.
I agree, about drop 4 indicators and have a look at the candles before posting here again
It takes a lot for me to IGNORE you, but you can try.
  • #141,020
  • Sep 26, 2017 6:06am Sep 26, 2017 6:06am
Will take your comments on board chaps, thanks.

Bearing in mind I'm just starting off with this last 1-2 weeks. Are the ema's not useful as s/r zones and macd for identifying divergence while learning, in conjunction with the PA I mentioned? The thread has been here for a very long time, I haven't.
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