james16 Chart Thread | Page 413 | 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

  • #8,241
  • Dec 14, 2007 3:29pm Dec 14, 2007 3:29pm
If you trade daily time frame, it is not going to matter where you live or what time zone !!!

And you will get your money's worth in the private forum !!! Don't worry !!!

But pooooooor tiki can't afford it anymore

Quoting generalz
Hello all..

I am all over joining James Group but have a question...I live in EST zone...trading Eur is like 2 am for me...I am thinking that it is unrealistic for me to be able to join in the live trading on any regular basis... I am asking what else besides the live trading will I recieve in joining the group. I am thinking there is alot more to it but am not sure...could someone who has joined comment..

thanks
generalz
  • #8,242
  • Dec 14, 2007 5:05pm Dec 14, 2007 5:05pm
Oh my... now we really have broken a major trendline... next we retest the trendline as resistance... then down to 1.4290 !!!???
Attached Image (click to enlarge)
Click to Enlarge Name: zzz.GIF Size: 11 KB
  • #8,243
  • Dec 14, 2007 5:10pm Dec 14, 2007 5:10pm
Oh, you had already said what I just said... sorry !!! But do you really think we could go down that far, and then all the way back up to 1.4800 so quick ???

Joacko must be super happy if he is thinking like you !!!

Quoting raczekfx
eu
if momentum continues we'll probably see fiber visiting 4160-4200 next....
I'd love to see a nice daily pb off that area. From a fundamental view point I still think that another test of 1.48 is due sometimes in Jan.
We shall see. Enjoy the weekend and many pips....
  • #8,244
  • Dec 14, 2007 6:01pm Dec 14, 2007 6:01pm
Maybe a decent weekly PB here.... but Oanda does not let me trade this pair...
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzd.gif Size: 11 KB
  • #8,245
  • Dec 14, 2007 6:02pm Dec 14, 2007 6:02pm
EUR/CAD weekly looks interesting... maybe turning directions.... red inside bar for the week...
Attached Image (click to enlarge)
Click to Enlarge Name: eurcad.gif Size: 10 KB
  • #8,246
  • Dec 14, 2007 6:37pm Dec 14, 2007 6:37pm
Hi Tiki,

Good spot buddy. I have my eye on this one also.
One thing that concerns me though is previous resistance my now be support-1.4600ish. I think if we get a break below this and a close, we might get some decent downside trading with the trend. It will be interesting to see how this one plays out.

Cheers
SK
Attached Image (click to enlarge)
Click to Enlarge Name: eurcad.gif Size: 12 KB
  • #8,247
  • Dec 14, 2007 7:07pm Dec 14, 2007 7:07pm
what is ppz? is The lines of pivot points?

by now i know that james uses confluense, there is something more about pivot points wich is important to learn? i am reading all the thread. i still in post 1000.

i am interested especialy in raczekfx (i need to use copy and paste this nick) definition of "agressive ppz" that he uses in his profile

thanks all and sorry for my bad english.
  • #8,248
  • Dec 14, 2007 7:14pm Dec 14, 2007 7:14pm
Quoting Tiki Trader
Oh, you had already said what I just said... sorry !!! But do you really think we could go down that far, and then all the way back up to 1.4800 so quick ???
... If I knew for sure, I wouldn't waste any time posting on a public forum, would I..? I only trade probabilities...
Quoting Tiki Trader
Joacko must be super happy if he is thinking like you !!!
He isn't... he's older...
  • #8,249
  • Edited 7:31pm Dec 14, 2007 7:18pm | Edited 7:31pm
Quoting raczekfx
...He isn't... he's older...
Ok... now that's a trick answer... right ???
  • #8,250
  • Dec 14, 2007 7:19pm Dec 14, 2007 7:19pm
Quoting giraia_br
what is ppz? is The lines of pivot points?

by now i know that james uses confluense, there is something more about pivot points wich is important to learn? i am reading all the thread. i still in post 1000.

i am interested especialy in raczekfx (i need to use copy and paste this nick) definition of "agressive ppz" that he uses in his profile

thanks all and sorry for my bad english.
it simply support/resistance area.
aggressive - means here, taking partial position at PPZ without waiting for PA confirmation. If proper pa develops then you just add to a full position, if price breaks support you're out for a loss on that partial pos..
  • #8,251
  • Dec 14, 2007 7:22pm Dec 14, 2007 7:22pm
On my chart that last bar really is an IB... and I think if it happens to break to the downside, it may already be getting past the resistance....

Quoting skfx
Hi Tiki,

Good spot buddy. I have my eye on this one also.
One thing that concerns me though is previous resistance my now be support-1.4600ish. I think if we get a break below this and a close, we might get some decent downside trading with the trend. It will be interesting to see how this one plays out.

Cheers
SK
  • #8,252
  • Dec 14, 2007 7:27pm Dec 14, 2007 7:27pm
I never could read it all... I finally started reading about 100 pages from before I ever started posting here... and then I read every single post here every single day without fail...

And I would like to make a comment to James, or whomever... I don't see any reason why PA would have to be a secret or that one has to read 1000 pages to get it all... ( this thread is getting very very long !! ) I don't think it would be so bad to post perhaps the first 10 pages or so of the general education section of the private forum here as a sticky or as a first post or something... this would help many many people learn the basics of how to trade different bars and set-ups... and get the gist quickly of what it's all about...

It would not give away so much info from the private forum... but instead get more people interested to join the private forum !!!!

Does anyone besides me ever look down at the bottom to see how many people really look in here ??? I do !!!

Quoting giraia_br
what is ppz? is The lines of pivot points?

by now i know that james uses confluense, there is something more about pivot points wich is important to learn? i am reading all the thread. i still in post 1000.

i am interested especialy in raczekfx (i need to use copy and paste this nick) definition of "agressive ppz" that he uses in his profile

thanks all and sorry for my bad english.
  • #8,253
  • Dec 14, 2007 8:02pm Dec 14, 2007 8:02pm
Quoting Tiki Trader
I never could read it all... I finally started reading about 100 pages from before I ever started posting here... and then I read every single post here every single day without fail...

And I would like to make a comment to James, or whomever... I don't see any reason why PA would have to be a secret or that one has to read 1000 pages to get it all... ( this thread is getting very very long !! ) I don't think it would be so bad to post perhaps the first 10 pages or so of the general education section of the private forum here as a sticky or as a first post or something... this would help many many people learn the basics of how to trade different bars and set-ups... and get the gist quickly of what it's all about...

It would not give away so much info from the private forum... but instead get more people interested to join the private forum !!!!

Does anyone besides me ever look down at the bottom to see how many people really look in here ??? I do !!!
i probably will read only posts by james and a few others. And look all charts too.
  • #8,254
  • Dec 14, 2007 8:06pm Dec 14, 2007 8:06pm
Quoting raczekfx
it simply support/resistance area.
aggressive - means here, taking partial position at PPZ without waiting for PA confirmation. If proper pa develops then you just add to a full position, if price breaks support you're out for a loss on that partial pos..
but do you use only pivot points or others strong s%r?

and do you use autopivot to plot the pp lines?

i tried pp some time ago but it was a mess in MT4. But was not Autopivot. Maybe i will give a try using Autopivot.

thanks for reply.
  • #8,255
  • Dec 14, 2007 8:12pm Dec 14, 2007 8:12pm
This thread is very long and will take my ages to read, and as such Iv only read the first few pages.

Thankyou james for your contribution.

Pretty much what i want to know is,

*Has anybody tried to code this strategy and backtest it? On what platform?
*If so, how well does it backtest, on which pairs or markets does it work best? what is the trade frequency like? (ie. how many trades are executed per day or week), what is the hit rate? What is the win/loss ratio?

Thanks guys.
  • #8,256
  • Dec 14, 2007 8:16pm Dec 14, 2007 8:16pm
Ok well... you might have to read a few more pages... !!!!

Quoting Nizar
This thread is very long and will take my ages to read, and as such Iv only read the first few pages.

Thankyou james for your contribution.

Pretty much what i want to know is,

*Has anybody tried to code this strategy and backtest it? On what platform?
*If so, how well does it backtest, on which pairs or markets does it work best? what is the trade frequency like? (ie. how many trades are executed per day or week), what is the hit rate? What is the win/loss ratio?

Thanks guys.
  • #8,257
  • Dec 14, 2007 8:21pm Dec 14, 2007 8:21pm
Quoting giraia_br
but do you use only pivot points or others strong s%r?

and do you use autopivot to plot the pp lines?

i tried pp some time ago but it was a mess in MT4. But was not Autopivot. Maybe i will give a try using Autopivot.

thanks for reply.
no, I don't use mathematically calculated pivots or autopivots at all.
our ppz or price pivots if you will, are 'visual' areas of s/r, like in example below..
Attached Image (click to enlarge)
Click to Enlarge Name: uj.gif Size: 15 KB
  • #8,258
  • Dec 14, 2007 8:53pm Dec 14, 2007 8:53pm
Quoting giraia_br
i probably will read only posts by james and a few others. And look all charts too.
keep it up! Hang in there.

I didnt managed to finish all post (too long!!!) but ended soomewhere ard page345...i still keep the page auto open on my browser so whenever i free i just read it. I started reading the current posts actively so i can compare my price reading with others. It's a good way to learn as well .

Happy holis..

cheers
  • #8,259
  • Dec 15, 2007 2:36am Dec 15, 2007 2:36am
Hi guys,
this is a monthly eur chart. Looks like we will pause here for a while...what does JIm always tell us? He would say, we have paused here, why, well folks look to the left and what do you see:::: thanks Jim for everything, take care Raz
Attached Image
Never say never.
  • #8,260
  • Dec 15, 2007 10:29am Dec 15, 2007 10:29am
Here Tiki,
One that is similar to the eur/cad your looking at.
Price has been rejected the last 3 days last week at support. which ties in with previous s/r areas. I'm thinking it will bounce in here a bit & then breakout. up/dwn ? we'll see.
Attached Image
37 traders viewing now