Menu

Options

Bookmark Thread

First Page First Unread Last Page Last Post

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

Quoting mbqb11
Hey FF

Be careful here, with such a small nose, this is like trying to catch a falling knife with one finger. The clear pins will have a large nose and be much more powerful in the long run

Best
Mike
Yes i get your point. GJ and AJ nose seems longer. But CJ seems to have more space around.
i know.

thats why i said it.



Quoting jarroo
This is going to bug me for awhlie. lol
geez. i want to ask real bad but i wont.


jim

Quoting TiaForex
I never mention it to women. Ever. . Although if I had to, I like Mike's definition, "I buy and sell money". Sounds cool no?

Luckily my main job is as a theatre, televison and film actor which sounds far more interesting (even though in practice it isn't). In fact you wouldn't believe some of the places I have posted to this thread from, and you wouldn't believe who some of the people were that asked me what I was doing. At least one Oscar winner now knows about James16...
Quoting ffbk
Do we have a nice pinbar being formed on 4hr G/J. At low and nice support level.
Also bullish divergence.
OK it created a nice PB. Now only if breaks thru the 155.8 area strongly .....
Quoting squeezy
thnx J
i think ill leave my order still opened and try and mgt the trade with tight SL,
already using 60pips SL, but if she breaks ill tighten it to about 30 according to hw she behaves, or jst totally remove it later
ill wait a bit, thnx
She behaved poorly. Waiting for the break saves the day again. "And it always will. " (J16).
Attached Image
Indicators show the past. Price Action "Indicates" the future.
Quoting james16
i know.

thats why i said it.

. . . Bema . . no, never mind. lol
Indicators show the past. Price Action "Indicates" the future.
jarroo,
is 'Bemav' a lady? seriously?

(i'll try post your requested chart a little later, what, with all these buzz )
lolol.

its killing you aint it?

i might be just kidding around.



Quoting jarroo
. . . Bema . . no, never mind. lol
james16,
are u now recanting?
i'm now getting confused myself. lolol
Quoting jarroo
She behaved poorly. Waiting for the break saves the day again. "And it always will. " (J16).
indeed she was naughty but was smart enough not to fall for her trap, always play the break......hehehehehehehe
Simplicity is the key to success
Quoting ghous
Gj 4H.

I missed the entry but have left a pending order in case price decides to retest the current bar's low during the next few bars.

But here is a visual example of how I play these blind entries.

A head and shoulders pattern and a dominant down trend...but I said in an earlier post that...



We can see that Gj has responded to the support level. My trades are based on these initial bounces. Could this bounce result in the overall up trend resuming? It may and may not...either ways we've made money.

On a side note...[size=3][u][i][b]THIS...
Nice call - getting close now ... but if it tests again do u have confidence it will bounce ?
I wouldn't be too confident myself - might expect a fall thru ?
Quoting ffbk
OK it created a nice PB. Now only if breaks thru the 155.8 area strongly .....
The gbp/jpy 4 hour pin off PPZ. some points that i noted:

 

  1. Making lower highs
  2. This is the 3rd test of the PPZ (155)
  3. The PPZ level has been weakened and we may get a breakout to the downside
  4. The pin bar is preceded by a larger bearish bar
  5. We would be buying into (shorter term) weakness


Charts seems more set up for a bearish break, despite 4H pin?

Attached Image
Quote
The pin bar is preceded by a larger bearish bar
Dropped Onion,
good observations.
gbp strength has been relentless, from mid-May to Mid-June. i think it's now time for gbp weakness.
So i would not be surprised if gj breaks 155. might go to 150-152 easily.
then possibly 140-143, then. who know...s 118 - 123 area & beyond.

i expect u have looked at Daily charts & up too. some of these observations have already been mentioned:
Daily seem to have H & Sh., Weekly has a sort of 2-bar PB, Monthly has a PB forming.

gj has been 1 of those i temporarily ceased to trade (live), but still try to analyze. hope this helps
well the yen crosses bottomed in a hurry.
Quoting supremeChaos
Dropped Onion,
good observations.
gbp strength has been relentless, from mid-May to Mid-June. i think it's now time for gbp weakness.
So i would not be surprised if gj breaks 155. might go to 150-152 easily.
then possibly 140-143, then. who know...s 118 - 123 area & beyond.

i expect u have looked at Daily charts & up too. some of these observations have already been mentioned:
Daily seem to have H & Sh., Weekly has a sort of 2-bar PB, Monthly has a PB forming.

gj has been 1 of those i temporarily ceased to trade (live), but still try...
Looks like it shaping up for a good run down. One thing about the "beast" that I've learned, once she gets going, stay out of her way.
Indicators show the past. Price Action "Indicates" the future.
Quoting james16
i know.

thats why i said it.

Has anyone seen this guy in person...ever?

I believe . . .
Quote
Looks like it shaping up for a good run down. One thing about the "beast" that I've learned, once she gets going, stay out of her way.

jarroo,
yes Sir, that's good basic, but powerful advice.
To the uninitiated, trading gbpjpy is 1 of the best/worst/fastest way to make &/or lose money. I'll get back at & conquer the beast in the near future.
Quoting supremeChaos
jarroo,
yes Sir, that's good basic, but powerful advice.
To the uninitiated, trading gbpjpy is 1 of the best/worst/fastest way to make &/or lose money. I'll get back at & conquer the beast in the near future.
I know you aren't supposed to have a favorite pair, but if I had trade just one pair it would be GBP/JPY.
Don't wish it were easier, wish you were better. ~ Jim Rohn
Alright I am now looking for price action to short this puppy back down

Attached Image (click to enlarge)
Click to Enlarge Name: eurcad.gif Size: 40 KB
LasVahGoose,
no problem with having a favorite pair/s, imo. trading this way actually gets u more focused, & more 'in tune' with a particular currency pair/s.
Like i said, gbpjpy can give u more/take your own money.
3 traders viewing now