james16 Chart Thread | Page 2275 | 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

  • #45,481
  • Oct 7, 2009 10:25pm Oct 7, 2009 10:25pm
Quoting tormo
I was short USDCHF and had a TP at 1.0284.

Price went below my TP and had hit low of 1.02832

Why was the TP not activated, does their need to be 1 pips difference the TP and price?
Are you looking at the bid or the ask? I suspect that might be where your issue lies.
When you have to shoot, shoot. Dont talk.
  • #45,482
  • Oct 7, 2009 10:26pm Oct 7, 2009 10:26pm
the aussie has alot of strength at the moment. is anyone looking for pa on the a/u at 90? will be interesting to see what happens at this level after daily close. Or if u trade intraday. still looks strong though.
  • #45,483
  • Oct 7, 2009 10:29pm Oct 7, 2009 10:29pm
great job pizdun.

fantastic,

jim

Quoting pizdun
hey guys.

after 4 months on the 4h and daily charts i finnaly feel ready to drop down to lower TF.

over the last 4 months ive gone 14-1 for 16.7%. so not bad.

anyway 1H here i come. This is probably the lowest il sink because any lower i start having problems with spread and time and whatnot.

first 1H trade. trust guys if i can do it anyone can

[IMG]file:///C:/DOCUME%7E1/Slava/LOCALS%7E1/Temp/moz-screenshot-5.png[/IMG][IMG]file:///C:/DOCUME%7E1/Slava/LOCALS%7E1/Temp/moz-screenshot-6.png[/IMG]http://i432.photobucket.com/albums/qq42/pizdun/1h.jpg...
  • #45,484
  • Oct 7, 2009 10:36pm Oct 7, 2009 10:36pm
Quoting mbqb11
It varies broker to broker....
thanks mike
  • #45,485
  • Oct 7, 2009 10:39pm Oct 7, 2009 10:39pm
hey guys, I have been lurking for a while absorbing all the info I can and now have freed up some to start to demo trading. I am handling it all pretty well, but I am a bit unsure about inside bars. I got an itchy trigger finger and I took this one on the Eur/Usd and in hindsight I know I probably shouldn't have. I took it just after the high with the stop loss just below the bar. Luckily it has worked out so far. I am just wanting to know how you guys play them and if you think this is an inside bar at all.
Attached Image (click to enlarge)
Click to Enlarge Name: f1.gif Size: 27 KB
  • #45,486
  • Oct 7, 2009 10:46pm Oct 7, 2009 10:46pm
Quoting james16
great job pizdun.

fantastic,

jim
thanks jim.....i listen to some of your videos once a week to keep me in check...

honest...or else i start to wander
  • #45,487
  • Oct 7, 2009 11:08pm Oct 7, 2009 11:08pm
Quoting atton
I ve watched James video from the Guest Section called "James16 price action video". At the end he was talking about the bearish pin bar on Usd/Chf. And when he was showing the ppz why he didnt mention the previous bullish pin bar low as a ppz but went directly to the lower ppz. Am I missing something ?....
Sir james may have overlooked it as his focus was on the bars to the left. but i believe that bullish PB's bar low is part of the PPZ he talked about.
  • #45,488
  • Oct 7, 2009 11:23pm Oct 7, 2009 11:23pm
Quoting dg85
hey guys, I have been lurking for a while absorbing all the info I can and now have freed up some to start to demo trading. I am handling it all pretty well, but I am a bit unsure about inside bars. I got an itchy trigger finger and I took this one on the Eur/Usd and in hindsight I know I probably shouldn't have. I took it just after the high with the stop loss just below the bar. Luckily it has worked out so far. I am just wanting to know how you guys play them and if you think this is an inside bar at all.
Hey DG welcome

I always tell people, from my experience to ignore inside bars until they can grasp the other bars. It isn't b/c inside bars don't offer some high reward situations, it is just that they appear all over b/c they can be caused by so many different reasons that can lead to quite a bit of overtrading and poorly managed trades. Ideally IMO the best Insidebars can be found in similar locations to where we look for other bars like pins. For example an inside bar sitting on a PPZ of support and round number, can offer up a tight stop. Again don't want to discourage any sort of testing, but they can be very tough. For example that inside bar is trading right into the previous days high, which can be a reversal area by itself.

Again welcome to the thread just some of my views
Mike
  • #45,489
  • Oct 7, 2009 11:31pm Oct 7, 2009 11:31pm
Quoting mbqb11
Hey DG welcome

I always tell people, from my experience to ignore inside bars until they can grasp the other bars....
Thanks for your reply. As you said there is no harm in testing, but I think I may just focus on the other price action signals for a while. I just wish I would have found this forum before I lost most of my account attempting to trade YM, NQ and ES 5 and 15 minute charts. So many helpful people here it is unbelievable. Thanks again.
  • #45,490
  • Edited Oct 8, 2009 12:03am Oct 7, 2009 11:39pm | Edited Oct 8, 2009 12:03am
Quoting atton
I ve watched James video from the Guest Section called "James16 price action video". At the end he was talking about the bearish pin bar on Usd/Chf. And when he was showing the ppz why he didnt mention the previous bullish pin bar low as a ppz but went directly to the lower ppz. Am I missing something ? I just cant get it. Please someone explain me. Thanks in advance.
If you could show a chart at the time (Daily Chf/Usd Oct 2008) would be helpful.

He talked about both said PBs on the Daily Chf/Usd on the video. Both setups were very successful.
Attached Image (click to enlarge)
Click to Enlarge Name: chfusdoct2008.gif Size: 23 KB
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #45,491
  • Oct 8, 2009 5:25am Oct 8, 2009 5:25am
morning all... just looking through my charts and wondered if i could get a second opinion on these two bars! i don't think either would qualify as a A* pin bar or even a pin bar at all, but their location and strength of their subsequent rejection from the ppz caught my attention.

I know there are variations on the rule but as a trade:

Entry on break of the first pb with 1st tp (and move to b/e @ 03150) 2nd tp @ 03110 would seem to make sense.

enrty on break of the second pb with 1st tp (an move to b/e @ 03150) 2nd tp lower at 02810.

kind regards

ic
Attached Image (click to enlarge)
Click to Enlarge Name: usdcfh1h571009.jpg Size: 127 KB
  • #45,492
  • Oct 8, 2009 6:00am Oct 8, 2009 6:00am
would love to see a nice pin after a break and retest of 80 on AUD/JPY.
or will it fail and form a PA signal short..
im watching and learning
Attached Image (click to enlarge)
Click to Enlarge Name: audjpychart.jpg Size: 81 KB
  • #45,493
  • Oct 8, 2009 6:48am Oct 8, 2009 6:48am
Quoting atton
I ve watched James video from the Guest Section called "James16 price action video". At the end he was talking about the bearish pin bar on Usd/Chf. And when he was showing the ppz why he didnt mention the previous bullish pin bar low as a ppz but went directly to the lower ppz. Am I missing something ? I just cant get it. Please someone explain me. Thanks in advance.
Most (if not all) videos in the guest section are edited and truncated. They don't contain all the information compared to those in the pf. That could be it.
  • #45,494
  • Edited 7:29am Oct 8, 2009 7:10am | Edited 7:29am
Quoting raczekfx
..
it may break d bar and run all the way up to 142.50 before stopping,
..
got a go... make few pips..
geppy stopped 12ps before target.
Will there be another push?
Harvey says 'just watch'...

damn Harvey..
Attached Image
  • #45,495
  • Edited 7:52am Oct 8, 2009 7:37am | Edited 7:52am
Quoting raczekfx
geppy stopped 12ps before target.
Will there be another push?
Harvey says 'just watch'...

damn Harvey..

The 142.00 as support or resistence . . . .watching.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gjhour.gif Size: 27 KB
Click to Enlarge Name: gjw.gif Size: 21 KB
Indicators show the past. Price Action "Indicates" the future.
  • #45,496
  • Oct 8, 2009 7:47am Oct 8, 2009 7:47am
What MA is that raczek?

I don't generally use MA's but for you index trading heathens out there check out the 88 SMA on the weekly chart on the ES. Magick!
  • #45,497
  • Oct 8, 2009 7:59am Oct 8, 2009 7:59am
Hello all, this is my first post and I have read thru the first 100 pages of this post. Can any body tell me of a chart explaining the pin bar set ups?

thanks in advance

griff
  • #45,498
  • Oct 8, 2009 8:40am Oct 8, 2009 8:40am
Quoting raczekfx
..
Will there be another push?
Harvey says 'just watch'...

damn Harvey..
Thanks Harvey..
ok. got to go to pf now...

don't use emas
Attached Image
  • #45,499
  • Oct 8, 2009 8:44am Oct 8, 2009 8:44am
Quoting stoiter
would love to see a nice pin after a break and retest of 80 on AUD/JPY.
or will it fail and form a PA signal short..
im watching and learning
I'm keeping a watchful eye on this one as well. Lets see how it plays out.

Rgds
Boca
  • #45,500
  • Oct 8, 2009 8:59am Oct 8, 2009 8:59am
Quoting icarusfx
morning all... just looking through my charts and wondered if i could get a second opinion on these two bars! i don't think either would qualify as a A* pin bar or even a pin bar at all, but their location and strength of their subsequent rejection from the ppz caught my attention.

I know there are variations on the rule but as a trade:

Entry on break of the first pb with 1st tp (and move to b/e @ 03150) 2nd tp @ 03110 would seem to make sense.

enrty on break of the second pb with 1st tp (an move to b/e @ 03150) 2nd tp lower at 02810.

kind regards

ic...
Hey IC

For an hourly chart that second bar would catch my interest the most, being a better shaped bar and at a swing high. While not a pin technically(open and close not within prior bar). This is a pretty clear pin by proxy using the other bar highs close by. First trouble area is a bit higher up at the previous bars low, and then the main one being that blue line you marked off.

Just a friendly reminder though as I have seen a lot of 1hr charts and lower to follow the j16 minimum requirements Again not picking on you IC, this was actually one of the better lower timeframe charts .

Best
Mike
38 traders viewing now