james16 Chart Thread | Page 1972 | 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

  • #39,421
  • Jul 30, 2009 8:36am Jul 30, 2009 8:36am
Hi, anyone can see 4h hammer on gbpusd from 1.5 ? It looks nice on 1h chart, but I have different timeframe broker, so I cant see it. If anyone post it here I would be gratefull thanks
  • #39,422
  • Jul 30, 2009 8:42am Jul 30, 2009 8:42am
Quoting Schneeule
Hi, anyone can see 4h hammer on gbpusd from 1.5 ? It looks nice on 1h chart, but I have different timeframe broker, so I cant see it. If anyone post it here I would be gratefull thanks
I didn't take that!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_h4.png Size: 37 KB
  • #39,423
  • Jul 30, 2009 8:51am Jul 30, 2009 8:51am
Quoting oltciter
I didn't take that!
nono, i dont think this one... I need - 1h .. If you look 1h chart like this (chart) you will see things different.

But it doesnt matter much now, maybe retrace entry.
Attached Image (click to enlarge)
Click to Enlarge Name: guh4.gif Size: 11 KB
  • #39,424
  • Jul 30, 2009 8:56am Jul 30, 2009 8:56am
Hi Bundy,

Thanks for the feed back. Glad to know I'm getting a hang of this. =)

Quoting bundyraider

You have to keep in mind that you can't know which trades are going to be big winners and which ones small winners. So don't beat yourself up in any way about this one not hitting the mother load or whatever. Just grind away like that and you'll catch some great movers some times as well.

,B
Ahh... This speaks to me heaps.
Great reminder to let go of the outcome and focus on making good trading decisions.

This thread alone has been a great blessing.
I hear the PF calling me~
One Mind, Any Market
  • #39,425
  • Jul 30, 2009 8:57am Jul 30, 2009 8:57am
Quoting Schneeule
nono, i dont think this one... I need - 1h .. If you look 1h chart like this (chart) you will see things different.

But it doesnt matter much now, maybe retrace entry.

My level of skils is only to weekly, daily and 4h charts! I need more time to go on the next level :"1h chart"
  • #39,426
  • Jul 30, 2009 8:59am Jul 30, 2009 8:59am
Quoting oltciter
My level of skils is only to weekly, daily and 4h charts! I need more time to go on the next level :"1h chart"
yes, thans for that chart anyway, I just wondered if anyone sees 4h pin here that could be made from thouse 4 hourly bars
  • #39,427
  • Jul 30, 2009 9:19am Jul 30, 2009 9:19am
Quoting oltciter
My level of skils is only to weekly, daily and 4h charts! I need more time to go on the next level :"1h chart"
btw : it is not neccessary to go there. Trading daily charts (maybe with some intraday action for better entry timing) can be all you need to be very very rich...
  • #39,428
  • Jul 30, 2009 9:23am Jul 30, 2009 9:23am
http://www.cnn.com/2009/LIVING/perso...ing/index.html
  • #39,429
  • Jul 30, 2009 9:26am Jul 30, 2009 9:26am
Quoting ghous
A couple of other pairs on my watch list.

Gj's almost on the same boat as Uj

Eur/Gbp impresses me with that "dragging pull back" as price reluctantly tested the 8700 level. The bulls literally just panted along the entire pull back...points towards something

Ghous.
I am kicking myself for getting out prematurely, I was done for the month when this trade opp came about and although no initial plans of doing so I happened to trail the SL far too tight...

Still managed some 90 good pips bonus on this one. the entry trigger was all that I said in the quoted post and the actual entry was taken on the close of the doji from the previous week. (somewhat a blind trade)

PA is still the king and goes beyond well beyond a few bars and their looks.

Ghous.
Attached Images
I believe . . .
  • #39,430
  • Jul 30, 2009 9:38am Jul 30, 2009 9:38am
layton,
valid point mentioned there but slightly (FX trading-) negative, not "balanced" view (of FX trading) & not really interesting article, imho.
WHY?
WE KNOW BETTER.
we already know the "general" 95%losers/5%winners or whatever.

We already know this is a business & we intend to be part of the tiny 1-5% "winners' circle" sooner or later.
HOW?
we will practice, keep on learning & build up our experience (& our profits) until we succeed.
  • #39,431
  • Jul 30, 2009 9:38am Jul 30, 2009 9:38am
Quoting Schneeule
nono, i dont think this one... I need - 1h .. If you look 1h chart like this (chart) you will see things different.

But it doesnt matter much now, maybe retrace entry.
I Think You're Talking About This One, And It Didn't Go Well.
I Think The Reason Is Size Of The Nose Comparing To Previous Bullish Bar (Like Jarroo Said About E/G To Me)

Regards,
Basber
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu h4.gif Size: 21 KB
Click to Enlarge Name: gu h4 pb fail.gif Size: 20 KB
Trading methods are designed to put the odds in our favor, not predicting.
  • #39,432
  • Jul 30, 2009 9:43am Jul 30, 2009 9:43am
Yep, sorry I should've rephrased that.

I totally agree with you. Just wanted to post that to show how blessed I am to have found this thread.

we know better.



Quoting supremeChaos
layton,
valid point mentioned there but slightly (FX trading-) negative, not "balanced" view (of FX trading) & not really interesting article, imho.
WHY?
WE KNOW BETTER.
we already know the "general" 95%losers/5%winners or whatever.

We already know this is a business & we intend to be part of the tiny 1-5% winners sooner or later.
HOW?
we will practice & build up our experience (& our profits) until we succeed.
  • #39,433
  • Jul 30, 2009 9:48am Jul 30, 2009 9:48am
At airport, started to read pring and realised there is a DVD attatched. Anyone watched it?
I hear and I forget. I see and I remember. I do and I understand.
  • #39,434
  • Jul 30, 2009 9:56am Jul 30, 2009 9:56am
Yes. I am in the GBP trade too. I really don't want it to be my another failure!

Quoting Basber
I Think You're Talking About This One, And It Didn't Go Well.
I Think The Reason Is Size Of The Nose Comparing To Previous Bullish Bar (Like Jarroo Said About E/G To Me)

Regards,
Basber
  • #39,435
  • Jul 30, 2009 10:00am Jul 30, 2009 10:00am
Quoting kk007
Yes. I am in the GBP trade too. I really don't want it to be my another failure!
Is not about what we want.Is about what market do! It took me some time to understand that!
  • #39,436
  • Jul 30, 2009 10:02am Jul 30, 2009 10:02am
Quoting layton
http://www.cnn.com/2009/LIVING/perso...ing/index.html
Perhaps the most realistic article I have read yet on this game.

I wonder also where he got his data on institutional investors moving to the sidelines? Goldman's big numbers come in large part to Forex.

Ah well.

Those that can, do.
Those that cannot, advise.
I'm pretty much done with all this ...
  • #39,437
  • Jul 30, 2009 10:02am Jul 30, 2009 10:02am
Quoting kk007
Yes. I am in the GBP trade too. I really don't want it to be my another failure!
I'm Not In, But Even If It Fails, Be Sure That There Is A Very Preciuos Lesson Hidden In You Loss That If You Learn It, And If You Respect Your Losses, There Will Be A Good Future Waiting For You

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #39,438
  • Jul 30, 2009 10:04am Jul 30, 2009 10:04am
Quoting StoragePro
Perhaps the most realistic article I have read yet on this game.

I wonder also where he got his data on institutional investors moving to the sidelines? Goldman's big numbers come in large part to Forex.

Ah well.

Those that can, do.
Those that cannot, advise.
LOL

P.S. : I Liked The Article Very Much Either.

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #39,439
  • Jul 30, 2009 10:06am Jul 30, 2009 10:06am
Quoting tac
At airport, started to read pring and realised there is a DVD attatched. Anyone watched it?

No but I'm about to. I had meant to watch that when I was reading it and forgot all about it.
  • #39,440
  • Jul 30, 2009 10:06am Jul 30, 2009 10:06am
I am using H1 chart. Don't know what I can learn from this experience. Perhaps, learn to accept loss again.

Cheers,

Quoting Basber
I'm Not In, But Even If It Fails, Be Sure That There Is A Very Preciuos Lesson Hidden In You Loss That If You Learn It, And If You Respect Your Losses, There Will Be A Good Future Waiting For You

Regards,
Basber
27 traders viewing now