james16 Chart Thread | Page 3014 | 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

  • #60,261
  • Edited 1:22pm Apr 8, 2010 1:09pm | Edited 1:22pm
Quoting mbqb11
unreal stuff, 9 months in I was dripping a sandwich on my keyboard and buying or selling where the mustard landed
Oh man that made me laugh so much.

I think you just got yourself another book:

"Where The Mustard Landed: Looking Back On An Extraordinary Life" By Mike "The Mustard" QB11

(I'm gonna be calling you "The Mustard" from now on)
  • #60,262
  • Apr 8, 2010 1:11pm Apr 8, 2010 1:11pm
You have got taste. That's for sure.

Quoting 4X=0
ironically coincedentally i "just" arrived at "the" cafe & now got a bacon lettuce tomato avocado sandwich with pasbst blue ribbon beer.

@ mike i dont have sound on my laptop so i cant see that geico commercial with me in it -- but think ive seen it before.
  • #60,263
  • Apr 8, 2010 1:21pm Apr 8, 2010 1:21pm
Quoting PrincoPrinco
You have got taste. That's for sure.
ya i smell pretty good too
  • #60,264
  • Apr 8, 2010 1:28pm Apr 8, 2010 1:28pm
Quoting mbqb11
unreal stuff, 9 months in I was dripping a sandwich on my keyboard and buying or selling where the mustard landed
well that's not fair. I bet you haven't any mentor called Mike around lol.

Quoting ppfx
haha

benji @ you must be a genius if you succeded in 9 months
well that's exactly the point. It has nothing to do with being smart. That's exactly the problem of the "real world" geniuses in this business. It's just about learning simple patterns (5 years old stuff, like a puzzle), and SELF CONTROL, DISCIPLINE, PATIENCE, EMOTIONS, SIMPLICITY.......the market is neutral, you are DEALING WITH YOURSELF ONLY. You are your greatest enemy in this field.

In other words, different way of thinking. Exactly the opposite than real geniuses in many aspects.
They need to break their head and think hard when doing things. You do not - thinking will kill you most times. They need to work hard to be right. You don't. They can control their results. You can't. They are learning new things, new strategies, make a huge progress every day. You repeat the same thing. Their ego, fear, greed isn't that destructive as yours. Their curiosity and need for adrenaline and action will take them far. Yours will take you backwards. Their need for perfections will reward them, but ruin you. You need to deal with accepting real huge risk while they have their next's year check already written. They chase proven logic with no stretches.

They use their brain. You use your mind.
Different world.
  • #60,265
  • Apr 8, 2010 1:34pm Apr 8, 2010 1:34pm
Quoting mbqb11
I think we are sort of in between. It really IMo depends on where price wants to hold. Above the 125 PPZ, or below. Trend has been strong down so on would think sellers are going to be coming in again, but if we can remain above 125 it could hold that way too. The daily pin would have to close above it for me personally to consider trading it.

Mike
ok thanks. If it doesnt make 125 would you be looking to go short all the way to 122.2 ish or even 121.5
  • #60,266
  • Apr 8, 2010 1:37pm Apr 8, 2010 1:37pm
Quoting Scotty2Cues
ok thanks. If it doesnt make 125 would you be looking to go short all the way to 122.2 ish
Hey Scotty

I can't really make a leap like that. It would all depend on if we get any good price action to trade and then what the story looks like. Right now though the current low we put in today is a trouble area before any break lower of that. But again it would depend on how everything unfolds from here on out.

Best
Mike
  • #60,267
  • Apr 8, 2010 1:41pm Apr 8, 2010 1:41pm
Quoting benji533
well that's not fair. I bet...
hahahaaaaa that is funny. well actually he has been following james for quite some time now. keep at it and push yourself and you will be better than mike within a short while. how good is he really? honestly. You already know everything he does. being a broken record sounding off on j16 material helps new people on the forum immensely but it does not make you great.

james16 is great. one of a kind

two beer down
  • #60,268
  • Edited 4:11pm Apr 8, 2010 1:49pm | Edited 4:11pm
It appears to me the G/U is caught between to Fibs. 50% R and a 38% R

Does this have any bearing on your thoughts?
  • #60,269
  • Apr 8, 2010 1:53pm Apr 8, 2010 1:53pm
I would like to see a bigger pin here but it is not bad at all.
First trouble area close, though (87.50 with MA365).

Also looking at EURJPY but the 125.00 is too close.
Attached Image (click to enlarge)
Click to Enlarge Name: Capturar.PNG Size: 50 KB
  • #60,270
  • Apr 8, 2010 1:54pm Apr 8, 2010 1:54pm
Quoting benji533
well that's not fair. I bet you haven't any mentor called Mike around lol.



well that's exactly the point. It has nothing to do with being smart. That's exactly the problem of the "real world" geniuses in this business. It's just about learning simple patterns (5 years old stuff, like a puzzle), and SELF CONTROL, DISCIPLINE, PATIENCE, EMOTIONS, SIMPLICITY.......the market is neutral, you are DEALING WITH YOURSELF ONLY. You are your greatest enemy in this field.

In other words, different way of thinking. Exactly the opposite than real...

Bravo! Best post I've read all day
  • #60,271
  • Apr 8, 2010 1:54pm Apr 8, 2010 1:54pm
Quoting mike w
Daily eur/jpy looks like it may end gorgeous. Put on your happy faces ladies and gents.
interesting how none of todays PA are on vbrn's..... what is that all about?

makes me kinda....


the only one I like is A/U....

EDIT: the 4hr NZDUSD chart is interesting..... good trendline snappage potential i think
Many choose unhappiness over uncertainty.
  • #60,272
  • Apr 8, 2010 1:55pm Apr 8, 2010 1:55pm
@ ATC

position that chart to fit on your screen. those recent lows are cut off.

price is most always between two fibs at any given point. what we do here is look for price action bar pattern setups at or on one of these fibs locations combined with PPZ lines and Big Round Numbers.
  • #60,273
  • Apr 8, 2010 2:07pm Apr 8, 2010 2:07pm
Quoting 4X=0
how good is he really?
You are kidding right?

Mike is "The One"
Attached Image (click to enlarge)
Click to Enlarge Name: capture1.jpg Size: 76 KB
  • #60,274
  • Apr 8, 2010 2:09pm Apr 8, 2010 2:09pm
Quoting benji533
You are kidding right?

Mike is "The One"
just as the lords son jesus is followed and praised by many, mike in his special way, has his followers who support him and he in turn gives them something to believe in.

bless him
  • #60,275
  • Apr 8, 2010 2:14pm Apr 8, 2010 2:14pm
Quoting Dan Gilbert
interesting how none of todays PA are on vbrn's..... what is that all about?

makes me kinda....


the only one I like is A/U....

EDIT: the 4hr NZDUSD chart is interesting..... good trendline snappage potential i think
nothing about the I4B on AUDNZD?
  • #60,276
  • Apr 8, 2010 2:14pm Apr 8, 2010 2:14pm
Quoting 4X=0
hahahaaaaa that is funny. well actually he has been following james for quite some time now. keep at it and push yourself and you will be better than mike within a short while. how good is he really? honestly. You already know everything he does. being a broken record sounding off on j16 material helps new people on the forum immensely but it does not make you great.

james16 is great. one of a kind

two beer down
Go easy on those beers dude!
  • #60,277
  • Apr 8, 2010 2:16pm Apr 8, 2010 2:16pm
Quoting neutro
nothing about the I4B on AUDNZD?
lol, that one looks ok except for how that pair isn't on a VBRN either ....


If anyone wants to join in with me on shot-gun trading their demo accounts, feel free!

these are all demo trades.....
Attached Image (click to enlarge)
Click to Enlarge Name: sawedoffshotgunblast.GIF Size: 37 KB
Many choose unhappiness over uncertainty.
  • #60,278
  • Apr 8, 2010 2:20pm Apr 8, 2010 2:20pm
Quoting Dan Gilbert
getting to breakeven in a way that allows for good breathing room.
ciao Dan
I am studyng beyond the lines on this thread
extremely clear explanation!
one for the book
many thanks
Andrea
  • #60,279
  • Apr 8, 2010 2:23pm Apr 8, 2010 2:23pm
Quoting printer69
ciao Dan
I am studyng beyond the lines on this thread
extremely clear explanation!
one for the book
many thanks
Andrea

It's a work in progress. It worked well on the CHFJPY short trade I took, and I'm going to apply that same strategy to all the demo trades I just posted. stay tuned!
Many choose unhappiness over uncertainty.
  • #60,280
  • Apr 8, 2010 2:30pm Apr 8, 2010 2:30pm
Quoting Dan Gilbert

the only one I like is A/U....
whats happening on the aud/usd?
40 traders viewing now