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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

  • #49,501
  • Dec 9, 2009 6:17pm Dec 9, 2009 6:17pm
I personally have one 19 inch screen and a 5 year old PC. It's not the fastest but it runs MT4 plenty fast for trading. Eventually I will graduate to 5-6 screens and a faster PC but I have this weird superstition about wanting to have made a set amount before I reinvest profits in my trading business. For now this setup is fine and hasn't impeded my trading at all.
  • #49,502
  • Dec 9, 2009 8:41pm Dec 9, 2009 8:41pm
Here is the folder with the line alerter Dan. Works on MT4. It is the top two indicators.

Hope it helps you out!

K.I.S.S.
Attached File(s)
File Type: zip MT4.zip   288 KB | 657 downloads
  • #49,503
  • Dec 9, 2009 8:52pm Dec 9, 2009 8:52pm
Quoting KissFan
Here is the folder with the line alerter Dan. Works on MT4. It is the top two indicators.

Hope it helps you out!

K.I.S.S.
you rule!
Many choose unhappiness over uncertainty.
  • #49,504
  • Dec 10, 2009 12:36am Dec 10, 2009 12:36am
Quoting supermatt
negative. I set the ea up and shut down my mt4 or even turn off my computer and it still will work. You can go to bed and come back and it would've managed your trade for ya. C00L
can someone comfim this. i thought EA will work only when Mt4 is running
  • #49,505
  • Dec 10, 2009 12:45am Dec 10, 2009 12:45am
Quoting PeterPan
...
are there minimum requirements that the laptop should have
dont forget a good enough internet connection
  • #49,506
  • Dec 10, 2009 12:47am Dec 10, 2009 12:47am
Quoting aserbfx
terima kasih!
Quoting marcelnyo
paused a moment...
sama sama... I guess... LOL.
fellow Asians,

in our language...
kasi = because
sama sama = together
  • #49,507
  • Dec 10, 2009 1:19am Dec 10, 2009 1:19am
Quoting Pip Pride
....
I look forward to learning and demo-ing the J16 method over the next few months...
We look forward to it too
  • #49,508
  • Dec 10, 2009 1:20am Dec 10, 2009 1:20am
Quoting TiaForex
I personally have one 19 inch screen and a 5 year old PC. .. Eventually I will graduate to 5-6 screens and a faster PC...
I personally will be waiting for this setup to materialize
Keep us posted..
  • #49,509
  • Dec 10, 2009 1:26am Dec 10, 2009 1:26am
Quoting heaveyrain
can someone comfim this. i thought EA will work only when Mt4 is running
lol, yes mt4 must be running for any ea on it to work (make calculations)

regards

ic
  • #49,510
  • Dec 10, 2009 1:30am Dec 10, 2009 1:30am
Quoting perch
nasir.khan wondering if you recieved the p.m's I sent?
he's from a different country, so try to post/PM him at an "unusual" time. & he is either busy or having an early Christmas or vacation
  • #49,511
  • Dec 10, 2009 1:37am Dec 10, 2009 1:37am
Quoting supremeChaos
he's from a different country, so try to post/PM him at an "unusual" time. & he is either busy or having an early Christmas or vacation
morning supreme, look like its just us atm.... how your trading going atm?
  • #49,512
  • Dec 10, 2009 1:37am Dec 10, 2009 1:37am
Quoting zoli
..
This pin is happening around the 50% level. No downside progress since. EJ managed to go lower a bit though. Would this be a valid set up?
Hey zol, is this an MT5 H3 chart?
i havent checked charts, so looking exclusively at yours.. (& this reply is pretty late too, LOL)
that pin seemed to have not been triggered yet. but it seems to be sitting right below/at 88.00 (seems like looking at your chart)?
if ever this pin triggered, it has a possible immediate resistance (bar lows) around 88.20. above 88.70-ish, traffic may occur at 89.00, 89.70-90.00
  • #49,513
  • Dec 10, 2009 1:41am Dec 10, 2009 1:41am
Quoting icarusfx
morning supreme, look like its just us atm.... how your trading going atm?
Good morning Sir,
no trading for me. i have just recently moved house, & still unpacking.
(I unpacked my PC first LOL)
just reading posts & threads, & looking at charts.

are u from Europe? probably most traders are already on vacation..
Hopefully your trading is going well
  • #49,514
  • Dec 10, 2009 1:48am Dec 10, 2009 1:48am
Quoting supremeChaos
Good morning Sir,
no trading for me. i have just recently moved house, & still unpacking.
(I unpacked my PC first LOL)
just reading posts & threads, & looking at charts.

are u from Europe? probably most traders are already on vacation..
Hopefully your trading is going well
yeah i'm from the uk, my little boy is my alarm so i'm up and charting from 6 am ish lol works great for me.

very slow week for me.... a couple of small scalps but no real trades.

i've been watching/trading usd/cad for some time now but somethings gonna pop soon.

hope your house move went ok... i really didn't enjoy mine afew years back! good luck unpacking and finding everything again lol
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad daily.JPG Size: 118 KB
  • #49,515
  • Dec 10, 2009 2:04am Dec 10, 2009 2:04am
Hey mike this one looks ugly right???
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 24 KB
  • #49,516
  • Dec 10, 2009 2:10am Dec 10, 2009 2:10am
Quoting icarusfx
yeah i'm from the uk, my little boy is my alarm so i'm up and charting from 6 am ish lol works great for me....
hope your house move went ok... i really didn't enjoy mine afew years back! good luck unpacking and finding everything again lol
u mean the little boy cry alarm?
thanks Sir, i'm gonna need it, as i have amnesia & a malnourished brain
Good luck with your trading


EDIT: that usdcad chart looks like another tight-winding toothpaste, LOL
  • #49,517
  • Dec 10, 2009 2:16am Dec 10, 2009 2:16am
Quoting nasir.khan
Hey mike this one looks ugly right???
thanks for the chart nasir, as i had a related post just above for zoli.
btw, check perch's post above, it's for u
  • #49,518
  • Dec 10, 2009 2:16am Dec 10, 2009 2:16am
Quoting nasir.khan
Hey mike this one looks ugly right???
Do you mean in terms of a breakout and pullback?

If so then that trendline is way to steep for me when I am looking to do a pullback trade.

Sorry if I missed your question

Mike
  • #49,519
  • Dec 10, 2009 2:22am Dec 10, 2009 2:22am
Quoting mbqb11
Do you mean in terms of a breakout and pullback?

If so then that trendline is way to steep for me when I am looking to do a pullback trade.

Sorry if I missed your question

Mike
Yea you got it right.

So a steep Trend Line means a strong trend and you don't want to go against it??
  • #49,520
  • Dec 10, 2009 2:39am Dec 10, 2009 2:39am
Hi,
Concerning breakout + pullback to PPZ, sometime you've got a nice PinBar around a nice PPZ on the Daily chart, so the thing to do there is to buy Support & sell Resistance.
BUT when you look at the 4h chart, it seems to be a breakout + pullback +PA and the thing to do there is the opposite than shown on the Daily ...
What would you do in that case ?
It seems to be the case today for CADJPY.
Thanks a lot,
Manu
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