sorry couldnt resist! jim - your charts are probably the best on this forum (sorry guys)...don't stop posting here!
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Where can I learn more about Price Action like those in James16 charts? 9 replies
Quoting IsotonicDislikedsorry couldnt resist! jim - your charts are probably the best on this forum (sorry guys)...don't stop posting here!Ignored
Quoting WTBDislikedI'd like to comment on the triangle breakout shown on Jim16's chart above, as I believe it was a perfect triangle breakout pattern setup (I am a big fan of price pattern breakouts - wedges, channels and triangles mostly).
Triangle breaks up, then we have a retracement that cannot push below the high of the last bar within the triangle (bar right before the breakout), where prices bounces vigorously up again.
Target is equal to the triangle width, even though I always play conservative aiming for a 20% shorter move in order to not incur in the risk of missing my target for a mere handful of pips.
Please see picture attached.Ignored
Quoting ThrulineDislikedJim and everyone:
Thanks for your combined efforts. I belong to several forums. I've never seen so many folks working together on something like this and I want to be a part of it. I've posted a chart and am integrating what I've learned in this thread to confirm my signals. The 'pins' I noticed in this sell may not be textbook, but they do show selling pressure, which is a good thing when you're short or considering getting short.
ThruIgnored
Quoting ThrulineDislikedThe chart.
ThruIgnored
Quoting james16Dislikedyou are a very very smart person iso, far more so than i will ever be.Ignored
Quoting gabroo_mundaDislikedhey jim...are you for real. i have neva seen anyone as good hearted and humble as you. you know so much...and still are humble. man you rock . if there are more people like you in this world....that means all seats in heaven are already reserved.......and me gonna land in hell..cause me not even half as good hearted as you. not good ...but i can live with that...cause i will be buyin my seat in heaven....by donating some money to red cross...once i start making some .
gabrooIgnored
Quoting habeebDislikedJim, getting back to your trade on EurJpy. The dashed (sell) lines are red, showing that you moved your stops to breakeven, on both trades. When will you exit this trade? When you see a reversal sign on the weekly, or is that too long.
Thanx
HabeebIgnored
Quoting james16Dislikedthis thread is now the most viewed on Forex Factory. I plan to keep it that way even after the pf launch. i am humbled and honored that so many people on so many occassions have thought my stuff worthy enough to take a look. not one time have i ever given a live trading call. what i have done is teach some good stuff and encouraged the reader to investigate and practice some of the information found in this thread. i have literally hundreds of emails saved from people all over the world who have used the concepts in this thread to help thier trading. after the launch of the pf i plan to expand on the information in this thread. just because someone does not want to pay for the help will not stop me from offering help here in this public arena. i will not forget how i got to this point. jimIgnored
Quoting Kosta BerjDislikedThis chart should speak for itself.Ignored