james16 Chart Thread | Page 772 | 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

  • #15,421
  • Nov 17, 2008 3:37pm Nov 17, 2008 3:37pm
Quoting Forex007
We are, we are friendly! I even would like to wire $100 dollars to you, so that you can wire me $1m back by Xmas

Oh, before I do that, could you please let me have "investor login" details for your live account - if that's not too much trouble...
Let's cut the guy some slack. Maybe his intentions were good, I don't know. Only time will tell.
Humble Lifetime Member
  • #15,422
  • Nov 17, 2008 3:41pm Nov 17, 2008 3:41pm
and back to trading all


the squeeze is on, similar on many many pairs.
Attached Image (click to enlarge)
Click to Enlarge Name: a2.gif Size: 15 KB
  • #15,423
  • Edited 3:54pm Nov 17, 2008 3:43pm | Edited 3:54pm
Quoting scratchy
Unless I get asked by the thread creator, I will not post again.
Sorry, guys, the last post to Scratchy, I promise!

Scratch, you missed so many 90%-sure trading opportunities on your chart - if would have been a 25% day for you. I circuled all the areas - isn't it obvious you should have traded them all?!

P.S. Ash, I am just kidding, Scratchy indeed could be a good trader and indeed could be making 5% per day (I was too quick to slap a label on Ryanmcd when he mentioned M5). As for his intentions, if he is saying we are all stupid here, well, I don't think that's a true statement (to put it mildly). And if he has something to share, perhaps he could comment this chart to start with... Mike pointed out the danger of such posts, especially on this thread - many newbies would most surely prefer 5% per day with 90% certaintly on M5 to a 50:50 PB on W1 (and 0.2% per day, pro rata).
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy - missed trades.gif Size: 22 KB
One Chart is Worth Ten Thousand Words.
  • #15,424
  • Nov 17, 2008 4:05pm Nov 17, 2008 4:05pm
Quoting Forex007
Sorry, guys, the last post to Scratchy, I promise!

Scratch, you missed so many 90%-sure trading opportunities on your chart - if would have been a 25% day for you. I circuled all the areas - isn't it obvious you should have traded them all?!

P.S. Ash, I am just kidding, Scratchy indeed could be a good trader and indeed could be making 5% per day (I was too quick to slap a label on Ryanmcd when he mentioned M5). As for his intentions, if he is saying we are all stupid here, well, I don't think that's a true statement (to put it mildly)....
Hey, I would also prefer 5% or more a day. Who wouldn't?

I am just tired. I've learned so much from this thread and the forum. I am making some good pips with no headaches, stress free. From time to time, if I see a good setup on the 5 or 15 min, I'll take but would not advise any new person to do. I am happy with trading off the daily charts.

Good Luck to all!
Humble Lifetime Member
  • #15,425
  • Nov 17, 2008 6:00pm Nov 17, 2008 6:00pm
scratchy,

I have been doing this many years, lot of people such as yourself come on and say how good they do. I hope you are doing this well because to be honest I love to see people make money, I love getting PM's that say "Thanks Ryan" because after you have all the money who cares right?

You came off pretty harsh man asking in your 2nd post to see my account balance. Do this post some real-time stuff not after the fact and show how and why you are doing it. Also screen shot you Oanda accout and lets make sure it does not say "Demo" on the top okay?
Keep taking CT trades, I need more money
  • #15,426
  • Nov 17, 2008 8:03pm Nov 17, 2008 8:03pm
Euro 8 hour Pin Bar looks tradable.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #15,427
  • Nov 17, 2008 8:50pm Nov 17, 2008 8:50pm
Quoting rustyjeff
On ya Rm,
I took that one as well. There was one earlier too after the initial breakout of 1.2675 area then pull back with 2 pins touching off 1.2661.
Rinse, repeat.
Heya Rusty,
think you meant 1.2575... Thanks to a few very helpful people here (yourself included) and over at J16, the "feel" is creeping in finally...
Just takes time and practice, and getting yourself out of the way.

RM
  • #15,428
  • Nov 18, 2008 12:26am Nov 18, 2008 12:26am
Quoting jarroo
Euro 8 hour Pin Bar looks tradable.
Update: 8 hour Pin Bar.

This is not an "A" trade, but I thought that there were enough confluences supporting this PB. Trendline, PPZ and with the over all down trend.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #15,429
  • Edited 1:49am Nov 18, 2008 12:44am | Edited 1:49am
Quoting jarroo
Update: 8 hour Pin Bar.

This is not an "A" trade, but I thought that there were enough confluences supporting this PB. Trendline, PPZ and with the over all down trend.
I'm in same trade off of 4 hour inside bar break.

edit: Stopped out.
Attached Image (click to enlarge)
Click to Enlarge Name: eu 4hr ib.gif Size: 26 KB
  • #15,430
  • Edited 7:05am Nov 18, 2008 12:47am | Edited 7:05am
Eur/Chf 8 hour Pin Bar.

I'm starting to use the 8 hour charts more because they are not to high and not to low. But the best time frame is the Daily, because the Daily RULES.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #15,431
  • Nov 18, 2008 12:52am Nov 18, 2008 12:52am
Quoting Betard
I'm in same trade off of 4 hour inside bar break.
Nice Betard.

Inside Bars can be a dime a dozen. But when they are supported by the confluences that we look for: PPZs, Location, S/R levels, Fib retracements, higher time frame Price Action, etc., they can prove to be just as responsive as any other PA set-up.
Indicators show the past. Price Action "Indicates" the future.
  • #15,432
  • Nov 18, 2008 1:04am Nov 18, 2008 1:04am
Quoting Betard
I'm in same trade off of 4 hour inside bar break.
Notice when Price broke on the 4 hour and then retraced, it couldn't break S/R level (blue area).
Attached Images
Indicators show the past. Price Action "Indicates" the future.
  • #15,433
  • Nov 18, 2008 3:59am Nov 18, 2008 3:59am
Hi, Jarroo!
On the EU H8 Pin, You sold at the break of the pin, or few pips under the 1,26+PPZ? Why?
THX, NL
  • #15,434
  • Nov 18, 2008 4:20am Nov 18, 2008 4:20am
here is a Gu short stop order, it has other things to feel good abt besides the fact that it is with the trend.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 12 KB
I believe . . .
  • #15,435
  • Nov 18, 2008 4:37am Nov 18, 2008 4:37am
Quoting lacika
Hi, Jarroo!
On the EU H8 Pin, You sold at the break of the pin, or few pips under the 1,26+PPZ? Why?
THX, NL
I took the break at Pin bar (1.2631). The top of the PPZ (in green) looks to be 1.2670 and the bottom 1.2631. Once Price broke the 1.2631, I would like to see the PZZ reject Price and continue down. Stop/loss is above the Pin Bar. Breaking the 1.2600 help confirm my entry.

This is not a "A" trade set-up so I'm not expectiing it to act like one. I've taken half off the table (+42 pips) and letting it play out. If Price breaks the 1.2670 level I may stop it out before it gets to the top of the Pin Bar.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #15,436
  • Nov 18, 2008 4:48am Nov 18, 2008 4:48am
THX, Jarroo.
NL
  • #15,437
  • Nov 18, 2008 5:58am Nov 18, 2008 5:58am
Quoting Ryanmcd
scratchy,

I have been doing this many years, lot of people such as yourself come on and say how good they do. I hope you are doing this well because to be honest I love to see people make money, I love getting PM's that say "Thanks Ryan" because after you have all the money who cares right?

You came off pretty harsh man asking in your 2nd post to see my account balance. Do this post some real-time stuff not after the fact and show how and why you are doing it. Also screen shot you Oanda accout and lets make sure it does not say "Demo"...

Ryan

After going over these posts and my posts yesterday I have decided that these types on this thread do not deserve my time.

Quite frankly I don't know you bother either, they are fixed on this slower time frame and risking 0.3% per trade, what's that all about?

The average trader opens an account with 10k, it will take them forever to amass a decent amount, and just because they are not capable of achieving 5% per day, they rubbish anyone who claims they do it regularly, actually I have made over 5% in a day before, many times in fact, but that would just make them mess themselves.

So I have come to the conclusion this thread has too many moronic trader 'want to be's' (the short sighted ones that attacked me) and will depart with my large account and vast knowledge intact.

To answer your post:

To post my live account at Oanda in a screenshot form just means I have a live account, I could be trading micro amounts for all you know, that's why I asked for you to show me yours, just wanted to weed out the inexperienced with tiny accounts, I was going to offer something of interest, PM doesn't seem to work for me. No matter, keep up your trading, and I wish you the best of luck (not that you need it).

To the attackers:

Everyday think of me gaining a min of 5% on my account daily, and ask yourself what you could be doing with amount of increase on your account size, and yes, it doesn't take long to get to a million as one of you pointed out, but these days a Million isn't much at all in the terms of trading, well it isn't to me and a lot of traders I personally know.

Think small and you will stay small, you just missed out on the opportunity of a lifetime. I wont ever post here again.
  • #15,438
  • Nov 18, 2008 6:26am Nov 18, 2008 6:26am
Quoting scratchy
Ryan

After going over these posts and my posts yesterday I have decided that these types on this thread do not deserve my time.

Quite frankly I don't know you bother either, they are fixed on this slower time frame and risking 0.3% per trade, what's that all about?

The average trader opens an account with 10k, it will take them forever to amass a decent amount, and just because they are not capable of achieving 5% per day, they rubbish anyone who claims they do it regularly, actually I have made over 5% in a day before, many times in fact,...

you won't be missed...
I believe . . .
  • #15,439
  • Nov 18, 2008 6:34am Nov 18, 2008 6:34am
Quoting ghous
you won't be missed...
Say Hi to "itchy" for me scratchy.
Indicators show the past. Price Action "Indicates" the future.
  • #15,440
  • Nov 18, 2008 6:52am Nov 18, 2008 6:52am
It doesn't take very long for us to find out if a poster has any experience or merit to their trading. Scratchy, if you really have something valid to teach us, please do so. If not, quit joking around and lets move forward with the intent of this thread.
48 traders viewing now