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

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  • Post #143,061
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  • Apr 8, 2020 5:35am Apr 8, 2020 5:35am
  •  kayhan7070
  • | Joined Sep 2008 | Status: J16 Member | 188 Posts
Quoting habeeb
Disliked
S&P500 Nice Pin Bar on the daily. More than 1000 pip range, so the stop above the pin will be huge. Hoping to get another retrace to the 2690 area to enter short. Will watch PA on lower timeframes for an entry too. {image}
Ignored
I would play this one different : Iwould sell below pin, if it comes back cut the trade around 2660-2700.
 
 
  • Post #143,062
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  • Apr 8, 2020 6:37am Apr 8, 2020 6:37am
  •  habeeb
  • Joined Aug 2005 | Status: Novice | 1,017 Posts
Quoting kayhan7070
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{quote} I would play this one different : Iwould sell below pin, if it comes back cut the trade around 2660-2700.
Ignored
Pin has broke already to the bottom. Seems like a bit of resistance around the 2660 area.
Keeping it Simple
 
 
  • Post #143,063
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  • Apr 8, 2020 6:50am Apr 8, 2020 6:50am
  •  habeeb
  • Joined Aug 2005 | Status: Novice | 1,017 Posts
GbpNzd
Pin Bar on daily to go long. If this is an indication to go by, that Nzd is going to get weaker, then I'm expecting Oil to go lower today too.
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Keeping it Simple
 
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  • Post #143,064
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  • Apr 8, 2020 11:33am Apr 8, 2020 11:33am
  •  utiq
  • | Joined Apr 2012 | Status: Member | 46 Posts
Hi guys. I haven't been on this forum for several years. Guys like Jarroo, Chanya, mbqb11 don't write here anymore?
Where are they all?
 
 
  • Post #143,065
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  • Apr 9, 2020 4:29am Apr 9, 2020 4:29am
  •  kayhan7070
  • | Joined Sep 2008 | Status: J16 Member | 188 Posts
Nzd/Jpy solid resistance on the daily.

BEOB on the 15min chart. Market=sideways. FTA is around 65,35. If price goes against me I am ready to cut the trade for a small loss.
Let's see

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  • Post #143,066
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  • Apr 9, 2020 4:46am Apr 9, 2020 4:46am
  •  kayhan7070
  • | Joined Sep 2008 | Status: J16 Member | 188 Posts
nzdjpy. close to the FTA . Reduced most of my risk.

I want to see I-if it breaks the FTA or not.
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  • Post #143,067
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  • Apr 9, 2020 6:51am Apr 9, 2020 6:51am
  •  kayhan7070
  • | Joined Sep 2008 | Status: J16 Member | 188 Posts
nzdjpy. FTA is now broken,stop @ BE+3.

Targeting around 6500 area .
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  • Post #143,068
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  • Apr 11, 2020 7:48pm Apr 11, 2020 7:48pm
  •  kyledude
  • | Joined Apr 2020 | Status: Junior Member | 4 Posts
GBP hitting resistance on several charts.

GBP/JPY actually gives the outside bar on friday. I might go short on sunday night depending how it gaps.
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  • Post #143,069
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  • Apr 12, 2020 3:13am Apr 12, 2020 3:13am
  •  4X=0
  • | Joined Jun 2006 | Status: Member | 387 Posts
I have not been on here or posted for many years. I learned today that the j16 private forum group has disbanded.

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I took a long trade on EUR/USD
 
 
  • Post #143,070
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  • Apr 12, 2020 3:19am Apr 12, 2020 3:19am
  •  4X=0
  • | Joined Jun 2006 | Status: Member | 387 Posts
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This is a closer look at the entry
 
 
  • Post #143,071
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  • Apr 12, 2020 3:30am Apr 12, 2020 3:30am
  •  4X=0
  • | Joined Jun 2006 | Status: Member | 387 Posts
I take small losses

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  • Post #143,072
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  • Apr 12, 2020 9:22am Apr 12, 2020 9:22am
  •  kyledude
  • | Joined Apr 2020 | Status: Junior Member | 4 Posts
Red line looks like a strong ppz. Will price break the trend line for a further move down? Only time will tell.
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  • Post #143,073
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  • Apr 12, 2020 9:52pm Apr 12, 2020 9:52pm
  •  kyledude
  • | Joined Apr 2020 | Status: Junior Member | 4 Posts
Trend lines broken. All orders at break even. I'm going to let these ride since the move came so early, if I get stopped out that's OK.
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  • Post #143,074
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  • Apr 13, 2020 10:43am Apr 13, 2020 10:43am
  •  kyledude
  • | Joined Apr 2020 | Status: Junior Member | 4 Posts
Got stopped out at BE on G/J.

E/J moving fast, stop at BE+. If red ppz doesnt break down I'll just close the trade there.
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  • Post #143,075
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  • Apr 19, 2020 1:57pm Apr 19, 2020 1:57pm
  •  4X=0
  • | Joined Jun 2006 | Status: Member | 387 Posts
I took a break even on that booger.
 
 
  • Post #143,076
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  • Apr 19, 2020 7:36pm Apr 19, 2020 7:36pm
  •  degorbi
  • | Commercial Member | Joined May 2013 | 1,125 Posts
#GOLD - declines continued ...
https://comparic.com/gold-broken-trend-line-20-04-2020/
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It's tough to make predictions, especially about the future...
 
 
  • Post #143,077
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  • Apr 20, 2020 2:28am Apr 20, 2020 2:28am
  •  4X=0
  • | Joined Jun 2006 | Status: Member | 387 Posts
i just took 30 the ForexFactory
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  • Post #143,078
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  • Apr 20, 2020 8:57am Apr 20, 2020 8:57am
  •  Milan
  • Joined Feb 2006 | Status: Member | 272 Posts
Quoting 4X=0
Disliked
i just took 30 the ForexFactory {image}
Ignored
Why should we know that?
 
1
  • Post #143,079
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  • Apr 20, 2020 12:06pm Apr 20, 2020 12:06pm
  •  4X=0
  • | Joined Jun 2006 | Status: Member | 387 Posts
Unless price is fully dedicated to going down, it's not the real deal. If price is going down but also hovering, take your profit. That is why.
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  • Post #143,080
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  • Apr 20, 2020 12:10pm Apr 20, 2020 12:10pm
  •  4X=0
  • | Joined Jun 2006 | Status: Member | 387 Posts
Maybe it was the Pinot Grigio talking
 
 
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