Is there any other price action apart from Jims? i dont think so lol
Looking forward to your contributions to the thread, I spy a few posts from the old days here in this thread . . . (yes stalker)
james16 Chart Thread
- #20,421
- Feb 4, 2009 10:55am Feb 4, 2009 10:55am
Looking forward to your contributions to the thread, I spy a few posts from the old days here in this thread . . . (yes stalker)
- #20,422
- Feb 4, 2009 10:58am Feb 4, 2009 10:58am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
Is there any other price action apart from Jims? i dont think so lol
I believe . . .
- #20,423
- Feb 4, 2009 11:00am Feb 4, 2009 11:00am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
Looking forward to your contributions to the thread, I spy a few posts from the old days here in this thread . . . (yes stalker)
I believe . . .
- #20,424
- Feb 4, 2009 11:02am Feb 4, 2009 11:02am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
Is there any other price action apart from Jims? i dont think so lol
I believe . . .
- #20,425
- Feb 4, 2009 11:02am Feb 4, 2009 11:02am
- | Commercial User | Joined Aug 2006 | 12,004 Posts
Is there any other price action apart from Jims? i dont think so lol
Baba G! Hello buddy
- #20,426
- Feb 4, 2009 11:05am Feb 4, 2009 11:05am
Looking forward to your contributions to the thread, I spy a few posts from the old days here in this thread . . . (yes stalker)
- #20,427
- Feb 4, 2009 11:07am Feb 4, 2009 11:07am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
Yes...thats along time ago now lol funny to think all ive been through just to get here! Its a full circle for me.
Sorry I misunderstood,
Welcome Back
I believe . . .
- #20,428
- Feb 4, 2009 11:11am Feb 4, 2009 11:11am
Yes...thats along time ago now lol funny to think all ive been through just to get here! Its a full circle for me.
Welcome back
Do settle yourself in and get comfortable, the furniture has been upgraded to leather since the last time you were here
- #20,429
- Feb 4, 2009 11:15am Feb 4, 2009 11:15am
- | Commercial User | Joined Oct 2005 | 2,899 Posts
GU march up should be done for the day. Eyes on BOE...
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- #20,430
- Feb 4, 2009 11:25am Feb 4, 2009 11:25am
Baba G! Hello buddy
Mbqb my friend how are you? i bet your still long doller from aug 08 and long yen from 125!!!.Hows the new forum?Man i could write you a book but all i say is thanks so much for your help.The help you gave me is a vital part of my system right up to my last trade short NZD/USD on friday!!
Cant wait for you to rip my trades apart!!!!!please!!!!
- #20,431
- Feb 4, 2009 11:39am Feb 4, 2009 11:39am
Indeed, great to hear of another (May I add) J16 success story, well done sir !
Welcome back
Do settle yourself in and get comfortable, the furniture has been upgraded to leather since the last time you were here
- #20,432
- Feb 4, 2009 12:04pm Feb 4, 2009 12:04pm
- | Joined Aug 2008 | Status: Dominican PA Trader!!! | 165 Posts
Ah, the old exit debate!
Everyone has their own methods for exiting a trade. There is no right or wrong way to do it. Correction, the only wrong way is if you don't follow your inital trade plan as Josh mentioned.
As we know from all his posts, Jim is someone who like to bag some pips pretty quickly from his trades and then get his stop to BE while trying to let the momentum carry the rest of the position. Personally, I prefer to identify the first area of S/R then place my first TP a few pips away from this. Once this target is hit, I will then...
) and develop my "own conford zone", because every trader here has it and trade in diferent styles and apply diferent MM rules. Some are conservative, others are agressive other is a mix of both. I must find what kind of trader I am.
From now on, this is a applying time of what a been learnt here from the great folks on this tread.
Keep going all....
- #20,434
- Feb 4, 2009 12:31pm Feb 4, 2009 12:31pm
- | Joined Aug 2008 | Status: Dominican PA Trader!!! | 165 Posts
comments pls
1)the shape of the PB-->the tail and the body is almost the same
2)Not enough SPACE created-->like to see no surrounding bars
3)The R/R ratio you pointed not worth it.
4) If you ever decide to trade this one, should be at the brake of 1.67
Just my 2 pips....
Regards...
- #20,435
- Feb 4, 2009 12:40pm Feb 4, 2009 12:40pm
It looks to me that I have found.... comfort...
You people talk sense into trading. At last, normal guys doing the right trading thing in an honest friendly profitable way. Thank you all. Thanks James.
I have learned pin-bars with you guys.
Q: dblhc, dbhlc, buob, beob ect.... can anyone refer me to a post or something that explains how to trade these patterns.
Thanks again, you give me hope.
started reading the thread... back to post 289... a lot of reading.. feels like university again
You people talk sense into trading. At last, normal guys doing the right trading thing in an honest friendly profitable way. Thank you all. Thanks James.
I have learned pin-bars with you guys.
Q: dblhc, dbhlc, buob, beob ect.... can anyone refer me to a post or something that explains how to trade these patterns.
Thanks again, you give me hope.
started reading the thread... back to post 289... a lot of reading.. feels like university again
It's already looking to do that
I'm also short on EurGbp. I waited for the break of the consolidation on the 4H and then waited for a retest and got in at 8996. I closed half at 8846 and then moved my stop to BE.
Just been looking to see if I can tighten the stop on the 2nd half. The only place I can see is around 8920 where there has been some consolidation. You say you have moved to better than BE. Do you mind sharing your reasoning for moving anywhere else than BE.
Thanks
Leon
- #20,438
- Feb 4, 2009 1:29pm Feb 4, 2009 1:29pm
For the longest time at around 7pm london i take a look around to anticipate todays bar close and see what info if any i can gain from that close in relation to the enviroment of price bars supp/res ect.Today i had a short gbp/swiss under that I.B it didnt engage but that level remains valid and my ticket will remain pending.7 times out of 10 price comes back and sometimes with more price action which i always love.Any way ive done well selling that pair from about august last i think and december on that cross was a dream aahahhh former glories!!!
Tonight however my attention is on Nzd/usd or kiwi,i last sold this on thursday/Fri last which was a pending from the previous weds.I like it cause shes broken the weekly lows and is the engagment of a monthly IB and its on trend.All in all i think its got alot going for it so if it closes like this i will prob have a ticket on that.
Tonight however my attention is on Nzd/usd or kiwi,i last sold this on thursday/Fri last which was a pending from the previous weds.I like it cause shes broken the weekly lows and is the engagment of a monthly IB and its on trend.All in all i think its got alot going for it so if it closes like this i will prob have a ticket on that.