james16 Chart Thread | Page 2585 | 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

  • #51,681
  • Jan 15, 2010 9:47am Jan 15, 2010 9:47am
Quoting triger88990
seems that .4700 is history, although there was a real fight there between the bulls and the bears.The bears haven't giving any chanse to go that up and they clearly say it what will going to happen this year

4580 whould be the high of this year, maybe

wish you the best!
hmmm 4580.

Well i'll follow it wherever it goes.

did't got much time to trade just holding this one.
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 16 KB
  • #51,682
  • Jan 15, 2010 9:50am Jan 15, 2010 9:50am
Quoting Dan Gilbert
if this thing closes as a BEOB, I will hunt down shorting opportunities on monday.
IF so, I will be putting a retracement short entry in the market myself. It will be interesting to see how it closes today. In general the markets have behaved strange lately in my opinion. I can't put a finger on it or describe it very well, but very choppy and a lot of fakeouts.
  • #51,683
  • Jan 15, 2010 9:55am Jan 15, 2010 9:55am
Quoting desperate
hi all

a short video that might help u a bit in your trading,

http://upgradereality.com/will-smith-wisdom-about-life

enjoy john
Hey John!
I'm Diggy from upgradereality.com so just want to say thanks for linking to the Will Smith post. It really is inspiring and motivational!

If anyone is interested I have a forex blog that I'm building up where I do my own analysis (I'm no expert but sometimes have great calls). I'm not going to link to my site here in the forums because I don't want to spam.

Good trading and remember, always use a stop loss!
Diggy
{Promotion Removed}
  • #51,684
  • Jan 15, 2010 10:00am Jan 15, 2010 10:00am
Quoting Dan Gilbert
Would you mind attaching that modified indicator in this thread? I need something like that where it repeats over and over....
Here ya go:

The sound is set to ALERT.wav --> what I did was, I renamed the EMAIL one to ALERT, or you can put whatever you'd like in there that is .wav format.. even your favourite song!

This is how you use it; follow link;

http://www.forexfactory.com/showthread.php?t=15197
Attached File(s)
File Type: mq4 Alerter.mq4   3 KB | 506 downloads
File Type: ex4 Alerter.ex4   4 KB | 418 downloads
lowest draw down possible please.
  • #51,685
  • Jan 15, 2010 10:03am Jan 15, 2010 10:03am
Quoting ehrek
Here ya go:

The sound is set to ALERT.wav --> what I did was, I renamed the EMAIL one to ALERT, or you can put whatever you'd like in there that is .wav format.. even your favourite song!

This is how you use it; follow link;

http://www.forexfactory.com/showthread.php?t=15197
u da man.
Many choose unhappiness over uncertainty.
  • #51,686
  • Jan 15, 2010 10:12am Jan 15, 2010 10:12am
Quoting ehrek
The sound is set to ALERT.wav --> what I did was, I renamed the EMAIL one to ALERT, or you can put whatever you'd like in there that is .wav format.. even your favourite song!
kissfan will be ecstatic...
Many choose unhappiness over uncertainty.
  • #51,687
  • Jan 15, 2010 10:15am Jan 15, 2010 10:15am
Quoting dobe_r_man
IF so, I will be putting a retracement short entry in the market myself. It will be interesting to see how it closes today. In general the markets have behaved strange lately in my opinion. I can't put a finger on it or describe it very well, but very choppy and a lot of fakeouts.
I second that, I'd be very wary when deciding to take counter trend trades, most of them were stopped at a lost or at BE, while the trades that are with the trend are still running like there's no stopping them, I'd be very cautious when picking bottoms right now, looks like the market is still very much trending the same way, although right now everything seems to be at an important place.... it's just a matter of time I guess.
  • #51,688
  • Jan 15, 2010 10:17am Jan 15, 2010 10:17am
Quoting ehrek
Dan,
Investor:

Nice, you in on that?
You got a really good one on the UC, congrats.

Also, what an awesome indicator. Thanks for sharing it, I'll be playing with it, but dont know if I be able to concentrate with the moaning....

And yes, I'm in. Playing the 4H PB. Its friday, so, will be monitoring close...:nerd:
Attached Image (click to enlarge)
Click to Enlarge Name: ec 1.15.10 4h.gif Size: 13 KB


Quoting sas
It could be a double bottom, but it could also still go lower.
Definetely Sas, watching closer, if it goes down, then well go down.....Cheers
That which does not kill me, makes me stronger.
  • #51,689
  • Jan 15, 2010 10:18am Jan 15, 2010 10:18am
Quoting ehrek
Here ya go:

The sound is set to ALERT.wav --> what I did was, I renamed the EMAIL one to ALERT, or you can put whatever you'd like in there that is .wav format.. even your favourite song!

This is how you use it; follow link;

http://www.forexfactory.com/showthread.php?t=15197
I've been looking for something like this for training my breakout trades!!! real cool ehrek... thanks for this

there's a latest version of it on post 23 in that thread

http://www.forexfactory.com/showpost...8&postcount=23
  • #51,690
  • Jan 15, 2010 10:21am Jan 15, 2010 10:21am
funny demo touch trade I took, the stop is already at B/E and I'm taking half profit @ 1.0256. This will be my 10th touch trade in a row that I have come out at breakeven or better on this particular demo account. Not enough confidence to pull these types of touch trades off on the real one...
Attached Image
Many choose unhappiness over uncertainty.
  • #51,691
  • Jan 15, 2010 10:28am Jan 15, 2010 10:28am
Quoting Investor7
I like this better.... hunting for PA....
Attachment


You don't see them, but there are actually two fibos drawn from the up/down swings....
its more likely 2 matching lows.. continuation patterns. alert buddy!

anyone making bucks in EU?
  • #51,692
  • Jan 15, 2010 10:36am Jan 15, 2010 10:36am
Quoting marcelnyo
I've been looking for something like this for training my breakout trades!!! real cool ehrek... thanks for this

there's a latest version of it on post 23 in that thread

http://www.forexfactory.com/showpost...8&postcount=23
Yup, thats the one i downloaded, and edited for sound.

Big thanks to Tesla!!!!!!!!
lowest draw down possible please.
  • #51,693
  • Jan 15, 2010 10:44am Jan 15, 2010 10:44am
I was looking at my EURGBP trade bouncing off a support line/TL and I found this happening at the GBPUSD we people are watching.

http://content.screencast.com/users/...01-15_2336.png

Didn't trade this and wouldn't for now either, GBPUSD has been consolidating for quite awhile and for some reasons I'd rather look for longs at the bottom blue area.
  • #51,694
  • Jan 15, 2010 10:53am Jan 15, 2010 10:53am
Quoting johnbaem
its more likely 2 matching lows.. continuation patterns. alert buddy!

anyone making bucks in EU?
I know that Jacko did... I didn't though...

Quoting ehrek
Yup, thats the one i downloaded, and edited for sound.

Big thanks to Tesla!!!!!!!!
oohhh, so that's why the size was off by 0.1 KB... I thought that you've took an old version... my bad

Quoting Dan Gilbert
funny demo touch trade I took, the stop is already at B/E and I'm taking half profit @ 1.0256. This will be my 10th touch trade in a row that I have come out at breakeven or better on this particular demo account. Not enough confidence to pull these types of touch trades off on the real one...
Dan, I'm getting more and more interested in this, can you post a chart with a few more studies? TLs, PPZs, waveform, patterns, etc, so far I've only found a rejection off the strong 1.03, and maybe EMA 60 if you're into that kind of indication.

Regards.
  • #51,695
  • Jan 15, 2010 10:56am Jan 15, 2010 10:56am
Quoting marcelnyo
I was looking at my EURGBP trade bouncing off a support line/TL and I found this happening at the GBPUSD we people are watching.
buddy,

i 2nd that. as of my daily chart, its clearly will close as BEOB. It held nicely at 50 fibo...

How much was that to the south station? Around 400pips...

Attached Image (click to enlarge)
Click to Enlarge Name: 16.gif Size: 11 KB
  • #51,696
  • Jan 15, 2010 11:03am Jan 15, 2010 11:03am
Quoting marcelnyo
Dan, I'm getting more and more interested in this, can you post a chart with a few more studies? TLs, PPZs, waveform, patterns, etc, so far I've only found a rejection off the strong 1.03, and maybe EMA 60 if you're into that kind of indication.

Regards.
it's a weekly PPZ/ 1.0300 round number. The most recent break of that line was about 77 points, so I would qualify it as a "valid" break. something less than a 50 pip break is a no-go.

It is kind a feel for the spot really. down trend, round number, good break, retracement.... I'm just adapting my skills to recognizing the areas. although it is coming close to stopping me out at B/E .
Many choose unhappiness over uncertainty.
  • #51,697
  • Jan 15, 2010 11:08am Jan 15, 2010 11:08am
Quoting dobe_r_man
For anyone thinking of playing this (assuming it closes as a pin) I would definitely be taking profits (if it breaks tomorrow) or managing VERY tight around the 147.05 - 147.25 area. These pins in consolidation are much trickier to play and you have to be quick on your feet.

Just my $.02........

Nathan
Not saying it can't go lower, but I would be taking profits or protecting them near this level.

Nathan
  • #51,698
  • Jan 15, 2010 11:08am Jan 15, 2010 11:08am
Quoting Dan Gilbert
it's a weekly PPZ/ 1.0300 round number. The most recent break of that line was about 77 points, so I would qualify it as a "valid" break. something less than a 50 pip break is a no-go.

It is kind a feel for the spot really. down trend, round number, good break, retracement.... I'm just adapting my skills to recognizing the areas. although it is coming close to stopping me out at B/E .
The bolded ones... I really like... especially the one about a trend, someday, you'll catch a monster move with a compressed risk of 30 pips.
practice makes perfect, mate!

although I've just reminded myself that I already got my hands full just by trading the 4H and re-learning breakouts... and re-reading the thread... and reading Cosler's books on market microstructure... oh boy... the time will come when I got enough time to plan my priorities at least... LOL.

I'll continue to watch your trades, they're interesting, kinda reminds me of my friend from pakistan , where'd that skull head went anyway?
  • #51,699
  • Jan 15, 2010 11:11am Jan 15, 2010 11:11am
Quoting johnbaem
buddy,

i 2nd that. as of my daily chart, its clearly will close as BEOB. It held nicely at 50 fibo...

How much was that to the south station? Around 400pips...

Attachment

could that be a DBHLC too? The 2 highs are 0.9026 + 0.9028
Never whishing, always trading.
  • #51,700
  • Jan 15, 2010 11:12am Jan 15, 2010 11:12am
Quoting Hova
could that be a DBHLC too? The 2 highs are 0.9026 + 0.9028
exactly. my mistake.
98 traders viewing now, 1 is registered:
Zojahamad