james16 Chart Thread | Page 471 | 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

  • #9,401
  • Mar 4, 2008 4:52pm Mar 4, 2008 4:52pm
Quoting shayb
I am waiting too , i am thinking short (it may go up)....but not sure in which TF to look for PA...?

Thanks
Shay
Man... has anyone noticed the confluence on looney!??

This'll be a high probability trade if we get good PA confirming it.

Shay, don't need to go below 4hr chart here. So sit back and relax for 4 hours at a time.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad many confluence.gif Size: 26 KB
Bundy's status today: "Waiting..."
  • #9,402
  • Mar 4, 2008 5:00pm Mar 4, 2008 5:00pm
Quoting bundyraider
Man... has anyone noticed the confluence on looney!??

This'll be a high probability trade if we get good PA confirming it.

Shay, don't need to go below 4hr chart here. So sit back and relax for 4 hours at a time.
Yeah I am on the watch out here too

on NF we have a not so great pin, but right off where my line is. Will watch this
  • #9,403
  • Mar 4, 2008 5:30pm Mar 4, 2008 5:30pm
Quoting bundyraider
Man... has anyone noticed the confluence on looney!??

This'll be a high probability trade if we get good PA confirming it.

Shay, don't need to go below 4hr chart here. So sit back and relax for 4 hours at a time.
Thanks.....
  • #9,404
  • Mar 4, 2008 5:52pm Mar 4, 2008 5:52pm
Oh god inside bars everywhere! Anyone playing them?
Hindsight is 20/20
  • #9,405
  • Mar 4, 2008 6:02pm Mar 4, 2008 6:02pm
Hi guys i am having another go from .9950.
Trying to resist the .50% voices
GOD IS NOT SHORT OF CASH
  • #9,406
  • Mar 4, 2008 6:10pm Mar 4, 2008 6:10pm
Ib 4h Chart Below Ppz....nice Deal :d
Attached Image (click to enlarge)
Click to Enlarge Name: dsd.gif Size: 50 KB
  • #9,407
  • Mar 4, 2008 6:21pm Mar 4, 2008 6:21pm
Quoting shayb
Ib 4h Chart Below Ppz....nice Deal :d
Nice smiley shay! You're licking your nose??

Is that what you're trying to say? LOL


I've entered a sell stop for the IB. A good a bit further south than I normally would.
Edit: NO. Scratch that. I want a better sign. Cancelled pending order. It's not that strong a case yet. Maybe on confirming bar.
Bundy's status today: "Waiting..."
  • #9,408
  • Mar 4, 2008 6:28pm Mar 4, 2008 6:28pm
Quoting bundyraider
Edit: NO. Scratch that. I want a better sign. Cancelled pending order. It's not that strong a case yet. Maybe on confirming bar.
This is exactly what my gut is telling me on pretty much all of them...I don't think I'm ready to trade inside bars yet.
Hindsight is 20/20
  • #9,409
  • Mar 4, 2008 6:35pm Mar 4, 2008 6:35pm
Quoting bundyraider
Nice smiley shay! You're licking your nose??

Is that what you're trying to say? LOL


I've entered a sell stop for the IB. A good a bit further south than I normally would.
Edit: NO. Scratch that. I want a better sign. Cancelled pending order. It's not that strong a case yet. Maybe on confirming bar.
..no....this is what iam trying to say... hope the party will not cancel....
  • #9,410
  • Mar 4, 2008 6:42pm Mar 4, 2008 6:42pm
Maybe I'm just bored / had a boring day, but shay's broken English combined with those emoticons cracked me up.
Hindsight is 20/20
  • #9,411
  • Mar 4, 2008 6:50pm Mar 4, 2008 6:50pm
Quoting cosgrove
Maybe I'm just bored / had a boring day, but shay's broken English combined with those emoticons crack me up.
...at least you laugh....me two too
  • #9,412
  • Mar 4, 2008 6:53pm Mar 4, 2008 6:53pm
Quoting cosgrove
This is exactly what my gut is telling me on pretty much all of them...I don't think I'm ready to trade inside bars yet.
I've mentioned it here many times before. I struggle with confidence on IBs too. Have avoided them the last couple of years. LOL

They are my current project now though..
Have just started to look at them more closely this past couple of weeks.

Have been dipping my toes in. Only on ones going with the trend and using small lots.
Bundy's status today: "Waiting..."
  • #9,413
  • Mar 4, 2008 6:55pm Mar 4, 2008 6:55pm
And so many IBs today too.... but now I look some more.... all against the trend it seems.... I like the triangle on GBP/USD.... I will see if I can lose some pips there instead...

Quoting bundyraider
I've mentioned it here many times before. I struggle with confidence on IBs too. Have avoided them the last couple of years. LOL

They are my current project now though..
Have just started to look at them more closely this past couple of weeks.

Have been dipping my toes in. Only on ones going with the trend and using small lots.
  • #9,414
  • Mar 4, 2008 7:07pm Mar 4, 2008 7:07pm
Quoting Tiki Trader
And so many IBs today too.... but now I look some more.... all against the trend it seems.... I like the triangle on GBP/USD.... I will see if I can lose some pips there instead...
what do you think guys what is the direction of the GBP/USD....?

Shay
  • #9,415
  • Mar 4, 2008 8:40pm Mar 4, 2008 8:40pm
Up or down?
Some kind of breakout will happen.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 13 KB
  • #9,416
  • Mar 4, 2008 9:25pm Mar 4, 2008 9:25pm
Quoting shayb
what do you think guys what is the direction of the GBP/USD....?

Shay
It's NFP week. Things may stay rangey until the release. Often does.
Bundy's status today: "Waiting..."
  • #9,417
  • Mar 4, 2008 9:26pm Mar 4, 2008 9:26pm
Hey, I'll be a lot happier if this 4 hr bar stays the same till close(Looney). Would be a lot more comfortable playing a break down.

I much rather these IB patterns that "wind up", as James says.
Bundy's status today: "Waiting..."
  • #9,418
  • Mar 4, 2008 10:01pm Mar 4, 2008 10:01pm
I just can't yet enter again on that loonie..can't babysit it. Alpari chart doesn't look good for me. Feels as if it's a waiting game until we get some answers to get the ball rolling again.
  • #9,419
  • Mar 5, 2008 3:07am Mar 5, 2008 3:07am
Hi guys,

Unfortunately I cannot attach the chart, but pls look at your own and let me know what you think.

Yesterday I entered on the Daily Pin EU.
Entry 1.5186 (short).
SL 1.5308
TP 1.5000

I did not stick to this plan. Instead I took profit at 1.5163.
+23 Profit.
My problem is the following: At one stage my trade was -63. Yet I only took +23 profit. This is a very bad R:R.

I'm not sure whether I got out prematurely or not. But at least I won't go broke taking +23.

Comments pls.

Regards
Werner
Phil419
  • #9,420
  • Mar 5, 2008 3:23am Mar 5, 2008 3:23am
What do you think of this pin as a trade?

forms at bottom trendline - target fibs at 61.8 and 50.0%??

therefore entry @ 15737, SL@15611 with target around 15950 for an RR of 1.69.

Any comments much appreciated.......
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 25 KB
53 traders viewing now