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Where can I learn more about Price Action like those in James16 charts? 9 replies

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james16 Chart Thread

  • #24,201
  • Mar 19, 2009 9:27am Mar 19, 2009 9:27am
I would not short a pair that has traveled almost 700 pips in two days without having a good reason, like a very long noise PB and hard Bear reaction of a strong PPZ. I think you´re trying to pick the top and it´s extremely dangerous, you can burn your hands doing that, wait for a strong PA signal with confirmation in a higher timeframe and try to preserve your capital. If you have been stoped out once, move to other pair or go to watch a good movie.

Quoting krue
Anyone shorted EU? H1 has Pinbar, which is at swing extreme high.
I enterred the first pin, stopped out, re-enter at the second one.
Another pray now, hope could have comments from anyone of you. thank you
  • #24,202
  • Mar 19, 2009 9:28am Mar 19, 2009 9:28am
Quoting krue
Anyone shorted EU? H1 has Pinbar, which is at swing extreme high.
I enterred the first pin, stopped out, re-enter at the second one.
Another pray now, hope could have comments from anyone of you. thank you
What is the confluence for these trades? Looks like the E/U is in a strong bull run the last week or so... I'm not seeing a strong PPZ until 1.38ish.

Patience... Patience...

Josh
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 031909_day.GIF Size: 49 KB
  • #24,203
  • Mar 19, 2009 9:45am Mar 19, 2009 9:45am
Quoting Jduester
I'm not seeing a strong PPZ until 1.38ish.

Patience... Patience...

Josh
Looks like we may not have to wait too long...
  • #24,204
  • Mar 19, 2009 9:45am Mar 19, 2009 9:45am
pardon my ignorance, i kept seeing the abbreviation PF.

what does PF stands for?

and PPZ?
  • #24,205
  • Mar 19, 2009 9:46am Mar 19, 2009 9:46am
Hello
Can these 2 bars be considered as 8H PIN?
I have daily PPZ at 1.6700 so this might be valid setup, What do you think?
alter
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurcadh8.JPG Size: 107 KB
Click to Enlarge Name: eurcaddaily.JPG Size: 108 KB
  • #24,206
  • Mar 19, 2009 9:47am Mar 19, 2009 9:47am
Quoting krue
Anyone shorted EU? ..
why? this not las vegas

we still have at least 100ps to go.
  • #24,207
  • Mar 19, 2009 9:56am Mar 19, 2009 9:56am
Quoting raczekfx
why? this not las vegas

we still have at least 100ps to go.
Im curious who is going short now. Somebody have to.
  • #24,208
  • Mar 19, 2009 9:57am Mar 19, 2009 9:57am
Quoting alter
Im curious who is going short now. Somebody have to.
Two sides to every trade right?
Patience + Humility + Study = Success
  • #24,209
  • Mar 19, 2009 9:59am Mar 19, 2009 9:59am
Quoting Chisan
pardon my ignorance, i kept seeing the abbreviation PF.

what does PF stands for?

and PPZ?
PPZ is Pivot Point Zone which is used for support and resistance areas.
PF is Private Forum (I think so ) - the forum of james16 group (www.james16group.us)
  • #24,210
  • Mar 19, 2009 9:59am Mar 19, 2009 9:59am
Quoting Chisan
pardon my ignorance, i kept seeing the abbreviation PF.

what does PF stands for?

and PPZ?
PF= Private Forum
PPZ= price pivot zone
  • #24,211
  • Mar 19, 2009 10:00am Mar 19, 2009 10:00am
Quoting Chisan
pardon my ignorance, i kept seeing the abbreviation PF.

what does PF stands for?

and PPZ?
PF = Private Forum
http://www.james16group.us/Guests/guestmaterial.html#

PPZ = Price Pivot Zone

Mike posted a good summary on PPZ.
http://www.forexfactory.com/showpost...ostcount=14084

If you are new to this thread I would suggest starting at the beginning and reading at least the 1st 200 or so pages to get a feel for the method used here.

James suggests that newbies stick around in the public forum for a couple of months before going to the PF.

Cheers
MM
  • #24,212
  • Mar 19, 2009 10:00am Mar 19, 2009 10:00am
Quoting raczekfx
why? this not las vegas

we still have at least 100ps to go.

i have 38-38.5 first target then 139-39.5
PATIENCE... DISCIPLINE
  • #24,213
  • Mar 19, 2009 10:00am Mar 19, 2009 10:00am
Quoting jlmac27
PF= Private Forum
PPZ= price pivot zone
lol, beat me too it!
  • #24,214
  • Mar 19, 2009 10:01am Mar 19, 2009 10:01am
Thanks for the feedback and explanations.

For what it's worth, I was wise enough not to get into anything on that ugly set up.....hahahaha

It was more of an exercise in trying to recognize potential set-ups forming.

I have to get into the habit of not sitting down in front of the charts w/o the RULES: as you stated, even if all of the "ifs" played out correctly, it was still not at a swing high......

Amazing how your eyes see what you want them to sometimes.

I did catch a nice little bounce on the NZD/USD after it retraced and bounced off of the 60 EMA on it's way past the inside bar.

Long @ .53220 TP @ .53818



Quoting mbqb11
Hey Uberpip(must be a gamer )

You got a TON of time left in the day that anything and everything can change if you are using the oanda close time

Here is what I see, as if and only if response to your if and only if post

If this did form a pinbar, it would be in a lot of traffic and not at a true swing high....
Attached Image (click to enlarge)
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  • #24,215
  • Mar 19, 2009 10:03am Mar 19, 2009 10:03am
Quoting DutchTrader
Two sides to every trade right?
Right. So the question is, who?
  • #24,216
  • Mar 19, 2009 10:18am Mar 19, 2009 10:18am
hey guys, prob been mentioned before but the way the GU is shaping up..... with a weekly Pin, and the monthly looking quite promising. I was hesitant to jump aboard the long train at the end of last week when i saw it......what are you thoughts on the next entry, around which level? if you indeed think this movement is going to be a long move??!
  • #24,217
  • Mar 19, 2009 10:21am Mar 19, 2009 10:21am
Quoting kapaks
PPZ is Pivot Point Zone which is used for support and resistance areas.
PF is Private Forum (I think so ) - the forum of james16 group (www.james16group.us)
thanks very much !
  • #24,218
  • Mar 19, 2009 10:24am Mar 19, 2009 10:24am
Quoting zimdonks
hey guys, prob been mentioned before but the way the GU is shaping up..... with a weekly Pin, and the monthly looking quite promising. I was hesitant to jump aboard the long train at the end of last week when i saw it......what are you thoughts on the next entry, around which level? if you indeed think this movement is going to be a long move??!
i have read about 40+ pages of the thread.. long way more to go! i seen many mentioned Pin Bar, what does it exactly means?
  • #24,219
  • Mar 19, 2009 10:24am Mar 19, 2009 10:24am
Quoting Chisan
i have read about 40+ pages of the thread.. long way more to go! i seen many mentioned Pin Bar, what does it exactly means?
Read the thread more, it's all there.
  • #24,220
  • Mar 19, 2009 10:31am Mar 19, 2009 10:31am
Quoting Chisan
i have read about 40+ pages of the thread.. long way more to go! i seen many mentioned Pin Bar, what does it exactly means?

see the first few pages of this forum. "james16" posts heaps of great examples and breaks it down for everyone

its a fake, usually means trend reversal
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