james16 Chart Thread | Page 483 | 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

  • #9,641
  • Mar 20, 2008 10:09am Mar 20, 2008 10:09am
Bundy! My FE 100 man!

Are you still with me on this one?

I wonder what the ETA is...a March close below that 8 year TL should be interesting, no?
Attached Image
Trust price. Know yourself.
  • #9,642
  • Mar 20, 2008 12:14pm Mar 20, 2008 12:14pm
Quoting SeekingLight
Bundy! My FE 100 man!

Are you still with me on this one?

I wonder what the ETA is...a March close below that 8 year TL should be interesting, no?
what... who ...wahhh.... Who woke me up?

lol...

If we make it to that FE100, I think its got a high probability of going even further Seeks. The old resistance around the 141-2 area is possible if we break that swing low.
Bundy's status today: "Waiting..."
  • #9,643
  • Edited 1:20pm Mar 20, 2008 12:50pm | Edited 1:20pm
I was hoping to hop on this one myself. Waiting for a a-b-c correction off the Sunday low. Got the A, but now "B" looks to be a full retrace and now a 4HR PB off the low (maybe the "C")???Expected a retrace of the "A", but not that big... Euro's doing the driving, today U/J helping as well....

How long/what level are you short from??

Eric


Quoting SeekingLight
Bundy! My FE 100 man!

Are you still with me on this one?

I wonder what the ETA is...a March close below that 8 year TL should be interesting, no?
  • #9,644
  • Mar 20, 2008 2:46pm Mar 20, 2008 2:46pm
.... on this cross we have a i4b ... i'm tempted to play it long because i feel a little weakening on eur/gbp (i mean i'm looking at the short side)... and looking at its weekly chart it could close as a pb, if so ... on the monthly it would only be a 700 pips circa away from a pretty nice pb too ... what's your feelings on this one here looking obviously at the other crosses and the wild correlations of these days...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchf daily.gif Size: 11 KB
  • #9,645
  • Mar 20, 2008 3:35pm Mar 20, 2008 3:35pm
Cable looks promising...
Attached Image
skype: ststroud. let's talk trading.
  • #9,646
  • Edited 5:13pm Mar 20, 2008 4:38pm | Edited 5:13pm
Quoting tyler812
Cable looks promising...
I think you've got fib wrong tyler..., but yes, 9740 was excellent tp and reverse area with multi confluence present.. . Let's see how will that pb play out.
Attached Image
  • #9,647
  • Mar 20, 2008 4:55pm Mar 20, 2008 4:55pm
Quote
I think you've got fib wrong tyler...

What's wrong with my fibs? The blue one looks exactly like yours, so I assume you are referring to the gray one drawn from November's high... Can you please explain? Thanks!

Tyler
skype: ststroud. let's talk trading.
  • #9,648
  • Mar 20, 2008 5:03pm Mar 20, 2008 5:03pm
Quoting tyler812
What's wrong with my fibs? The blue one looks exactly like yours, so I assume you are referring to the gray one drawn from November's high... Can you please explain? Thanks!

Tyler
you draw it from up to down, it should be from low to high then you should see the price stoped on 61.8% fib....not 38.2%...
  • #9,649
  • Mar 20, 2008 5:10pm Mar 20, 2008 5:10pm
haha...oops
skype: ststroud. let's talk trading.
  • #9,650
  • Mar 20, 2008 6:39pm Mar 20, 2008 6:39pm
Quoting bundyraider
what... who ...wahhh.... Who woke me up?

lol...

If we make it to that FE100, I think its got a high probability of going even further Seeks.
Tell me about it

Quote
The old resistance around the 141-2 area is possible if we break that swing low.

Hey! Who told you my TP point?!

Would be very nice. I will be so if we get there =)


Seems we're closing weekly below the 8 year TL.
Trust price. Know yourself.
  • #9,651
  • Mar 20, 2008 7:31pm Mar 20, 2008 7:31pm
Quoting shayb
you draw it from up to down, it should be from low to high then you should see the price stoped on 61.8% fib....not 38.2%...

Makes no difference.
  • #9,652
  • Mar 20, 2008 9:19pm Mar 20, 2008 9:19pm
Quoting bobblong
Makes no difference.
i know but still wrong and can cause a missunderstanding, just explained how it should be....
  • #9,653
  • Mar 20, 2008 10:43pm Mar 20, 2008 10:43pm
Is this a good one?
Attached Image
  • #9,654
  • Mar 20, 2008 10:49pm Mar 20, 2008 10:49pm
Here is another PA setup.
Attached Image
  • #9,655
  • Mar 21, 2008 3:40am Mar 21, 2008 3:40am
A possible eurgbp pinbar forming on weekly with a double top on 4 hour. Do we get a reversal setup?
Attached Images
  • #9,656
  • Mar 21, 2008 4:40am Mar 21, 2008 4:40am
Quoting bobblong
Makes no difference.
Amen. :
Carpe Divitiae
  • #9,657
  • Edited 7:05am Mar 21, 2008 5:04am | Edited 7:05am
Hello!

I know this chart has already been posted here lately, I just need some confirmation for my thinking of potential trade.
Any feedback is welcome!
(I realise it's a candle chart, even though I'm using bar's terminology)
Attached Image
  • #9,658
  • Mar 21, 2008 7:13am Mar 21, 2008 7:13am
Hello goodtiding5!
In your post #9658, the gbpusd PB looks allright to me, since it retraced at "important" fibo level, we have another confirmation. I posted a potential get-into-trade scenario. I'm waiting for someone of more experience to confirm/deny it.
  • #9,659
  • Mar 21, 2008 8:36am Mar 21, 2008 8:36am
look at these nice Pinbars (marked with a red star), all the ones penetrating a fib-line have been working very good and the ones not close to a fib-line not so good. Wonder if the last one is going to be a good trade too ? It's sure looks like it's gonna ;-)
Thanks Jim, James16


Best, Robin
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_Pinbars.jpg Size: 178 KB
  • #9,660
  • Mar 21, 2008 9:02am Mar 21, 2008 9:02am
Quoting rob4u
look at these nice Pinbars (marked with a red star), all the ones penetrating a fib-line have been working very good and the ones not close to a fib-line not so good. Wonder if the last one is going to be a good trade too ? It's sure looks like it's gonna ;-)
Thanks Jim, James16

Best, Robin
Robin, I painted a similar picture of the latest pin bar on the daily GBPUSD this morning.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.jpg Size: 166 KB
78 traders viewing now