james16 Chart Thread | Page 2738 | 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

  • #54,741
  • Feb 11, 2010 11:35am Feb 11, 2010 11:35am
Quoting ehrek
I smell potential with the cable


I like how it closed above the price flip.
.
Attached Image (click to enlarge)
Click to Enlarge Name: 3.gif Size: 19 KB
  • #54,742
  • Feb 11, 2010 11:46am Feb 11, 2010 11:46am
Hey Mike W that's for you.

.
Attached Image (click to enlarge)
Click to Enlarge Name: 3.gif Size: 20 KB
  • #54,743
  • Feb 11, 2010 11:47am Feb 11, 2010 11:47am
Quoting nasir.khan


I like how it closed above the price flip.
.
Oh yeah, I'm looking for a retracement to 1.5650 then I'm diggin' into the trenches captain...that is, if it gets there.
I dream, therefore I become.
  • #54,744
  • Feb 11, 2010 11:48am Feb 11, 2010 11:48am
Quoting nasir.khan
Hey Mike W that's for you.

.
HAHA I REALLY like the looks of it now brother!
I dream, therefore I become.
  • #54,745
  • Feb 11, 2010 11:55am Feb 11, 2010 11:55am
Quoting nasir.khan
Thanks Mike and LJ.

Sir you cannot abandone us like that.....you are one of my favourite trader....

I like your way of looking at line charts....even i know it' a bit off topic.....but it'a great way to trade.
Patience is essential
  • #54,746
  • Feb 11, 2010 12:21pm Feb 11, 2010 12:21pm
Does this happens to anyone else also,

Funny thing i never know what the PRICE of pair i am trading is!!!

What i mean is that i see candle's moving, hitting the PPZ's, Consolidating, Break outs and take trades accordingly. But i never know what's Price/value of the pair like (even though i have this big bold indicator for this also). Off course i mark my Big Round Numbers (still with an indicator).

I just checked the price of EU it's 1.3663 and price of GU is 1.5678 but it's irrelevant for me.
  • #54,747
  • Edited 12:49pm Feb 11, 2010 12:25pm | Edited 12:49pm
Quoting benem
Sir you cannot abandone us like that.....you are one of my favourite trader....

I like your way of looking at line charts....even i know it' a bit off topic.....but it'a great way to trade.
No problem Ben.
Thanks.
Learned line chart from Rac.
  • #54,748
  • Feb 11, 2010 12:27pm Feb 11, 2010 12:27pm
Quoting nasir.khan
Does this happens to anyone else also,

Funny thing i never know what the PRICE of pair i am trading is!!!

I just checked the price of EU it's 1.3663 and price of GU is 1.5678 but it's irrelevant for me.
Haha, yeah same here Nasir. Sometimes my friends will ask me "what is the yen at now?" or whatever, and I'm just like.. "don't remember.. think it was under 100 last time I checked." The thing is I look at so many pairs I just draw everything on the chart and let it tell me what to do.

Cory
  • #54,749
  • Feb 11, 2010 12:37pm Feb 11, 2010 12:37pm
Quoting nasir.khan
Does this happens to anyone else also,

Funny thing i never know what the PRICE of pair i am trading is!!!

What i mean is that i see candle's moving, hitting the PPZ's, Consolidating, Break outs and take trades accordingly. But i never know what's Price/value of the pair like (even though i have this big bold indicator for this also). Off course i mark my Big Round Numbers (still with an indicator).

I just checked the price of EU it's 1.3663 and price of GU is 1.5678 but it's irrelevant for me.
Agreed entirely. My friends and family all act like I'm a merchant banker and ask prices on everything. Occasionally I know, but for the most part, I have to say I know what patterns traded today, last week, yada yada. I know where the major PPZs are for around 20 to 25 pairs but other than that, I don't much care about price...only the formation it is creating. That's a shame considering I watch charts all through the week and sometimes even the weekend to get ideas on the weeklies.

In other words...I make prices up and they go "oh wow". Nobody really cares, they just want to look like they know it lol I guess knowing prices makes people "finance savvy" these days.
I dream, therefore I become.
  • #54,750
  • Feb 11, 2010 12:49pm Feb 11, 2010 12:49pm
Quoting mike w
Agreed entirely. My friends and family all act like I'm a merchant banker and ask prices on everything. Occasionally I know, but for the most part, I have to say I know what patterns traded today, last week, yada yada. I know where the major PPZs are for around 20 to 25 pairs but other than that, I don't much care about price...only the formation it is creating....
hahaha I get that all the time when I am out. Mike what is the euro at today. Like I dunno 1. something LOL
  • #54,751
  • Feb 11, 2010 12:52pm Feb 11, 2010 12:52pm
At least you know it's above 1 Kudos to you!!

Quoting mbqb11
hahaha I get that all the time when I am out. Mike what is the euro at today. Like I dunno 1. something LOL
  • #54,752
  • Feb 11, 2010 12:52pm Feb 11, 2010 12:52pm
Quoting artov
At least you know it's above 1 Kudos to you!!
lucky guess
  • #54,753
  • Feb 11, 2010 1:08pm Feb 11, 2010 1:08pm
Quoting nasir.khan
Does this happens to anyone else also,

Funny thing i never know what the PRICE of pair i am trading is!!!

What i mean is that i see candle's moving, hitting the PPZ's, Consolidating, Break outs and take trades accordingly. But i never know what's Price/value of the pair like (even though i have this big bold indicator for this also). Off course i mark my Big Round Numbers (still with an indicator).

I just checked the price of EU it's 1.3663 and price of GU is 1.5678 but it's irrelevant for me.

LOL

YOU ARENT THE ONLY ONE! hahaahaha.. same here man!
lowest draw down possible please.
  • #54,754
  • Feb 11, 2010 1:12pm Feb 11, 2010 1:12pm
Quoting mbqb11
lucky guess
My brother-in-law asks about gold when i am watching charts, so i hide my dumbness and i would do,

I would be quickly finding the gold chart on my mt4 and on the other hand i will use a decoy like this.

Hmmmm you know it went down??, then he would say "HOW MUCH IT FELL AND I BTW I ASKED YOU THE PRICE.
in mean time i would found the price and i'll say it's 1093 man.
  • #54,755
  • Feb 11, 2010 1:16pm Feb 11, 2010 1:16pm
Quoting ehrek
LOL

YOU ARENT THE ONLY ONE! hahaahaha.. same here man!
OMG.

Ohhh God we are weird people.

Now i am serious,

Does anybody knows/remembers the prices.
  • #54,756
  • Feb 11, 2010 1:33pm Feb 11, 2010 1:33pm
Quoting ehrek
Lots of pips this week, here is todays

It's interesting to see how stronger/older TLs prevail.
One Chart is Worth Ten Thousand Words.
  • #54,757
  • Feb 11, 2010 1:43pm Feb 11, 2010 1:43pm
Hello all,

I am new here, and first want to thank all that have contributed.

I was beginning to think there was something wrong with me, since I could never remember the price I placed a trade.

Glad to find out it's not just me.

BTW: My first trade was the BUOB on AUD/USD, set @ BE now (Micro trading, while learning)
  • #54,758
  • Feb 11, 2010 1:43pm Feb 11, 2010 1:43pm
See the power and worth of PPZ's!!!!!!!!!

How beautifully this round number (1.05) lines up with 50% retracment level.

But no respect (15 pips though).

Cause there is no PPZ there, not even in Daily and Weekly.

This is what i think.
Attached Image (click to enlarge)
Click to Enlarge Name: 4.gif Size: 16 KB
  • #54,759
  • Feb 11, 2010 1:47pm Feb 11, 2010 1:47pm
Quoting slade1986
Hello all,

I am new here, and first want to thank all that have contributed.

I was beginning to think there was something wrong with me, since I could never remember the price I placed a trade.


Nobody Does.
  • #54,760
  • Feb 11, 2010 1:50pm Feb 11, 2010 1:50pm
Quoting nasir.khan
Nobody Does.
HAHA I trade fulltime and I never remeber lol its so funny when my friends as me what the price is and I am like crap cant remember
74 traders viewing now