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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

  • #62,961
  • May 6, 2010 1:51pm May 6, 2010 1:51pm
Quoting jarroo
Holy Sh*T
haha wow Jim wait till you see my live video you can hear my reaction. It all happened while I was taping, going to render it now.

I finally got mine gotta love this volatility

Mike
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  • #62,962
  • May 6, 2010 1:53pm May 6, 2010 1:53pm
wow
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  • #62,963
  • May 6, 2010 1:53pm May 6, 2010 1:53pm
Quoting Dan Gilbert
Yeah I don't think anyone could have expected it to drop that hard.... that is madness. huge bearish bars all over the yen crosses.
lol

15min later decided to drop my stop 200 pips (now above 90.00).

Don't know if it's the best thing but I will be one hell of a trade, anyway.

Nos
  • #62,964
  • May 6, 2010 1:53pm May 6, 2010 1:53pm
Quoting jarroo
Holy Sh*T
My thoughts too when I checked the charts after waking in the middle of the night. lol
Bundy's status today: "Waiting..."
  • #62,965
  • May 6, 2010 1:53pm May 6, 2010 1:53pm
Quoting mbqb11
haha wow Jim wait till you see my live video you can hear my reaction. It all happened while I was taping, going to render it now.

I finally got mine gotta love this volatility

Mike

I gotta hear that lollll
Indicators show the past. Price Action "Indicates" the future.
  • #62,966
  • May 6, 2010 1:54pm May 6, 2010 1:54pm
Quoting jarroo
Holy Sh*T


OOOOOOOOOOMMMMMMMGGGGGGGGGGGgGGGGG

i was 0ut @92 well..... NEXT
  • #62,967
  • May 6, 2010 1:54pm May 6, 2010 1:54pm
Quoting bundyraider
Mike and Jaroo.

Do you get the feeling this is one of those Peter Crowns moments beginning here?
Yeah lol
Indicators show the past. Price Action "Indicates" the future.
  • #62,968
  • May 6, 2010 1:56pm May 6, 2010 1:56pm
Quoting jarroo
Holy Sh*T
YM got straight up bitch-slapped.

wat is this?
Many choose unhappiness over uncertainty.
  • #62,969
  • May 6, 2010 2:06pm May 6, 2010 2:06pm
Any one trading the NFP tomorrow?
Indicators show the past. Price Action "Indicates" the future.
  • #62,970
  • May 6, 2010 2:07pm May 6, 2010 2:07pm
Man, I can't access Bloomberg or yahoo finance. FxPro will not show any index information either. Geez, I can't seem to get any news...
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #62,971
  • May 6, 2010 2:08pm May 6, 2010 2:08pm
Quoting LasVahGoose
Man, I can't access Bloomberg or yahoo finance. FxPro will not show any index information either. Geez, I can't seem to get any news...
servers are jammed up everywhere..... I noticed this too
Many choose unhappiness over uncertainty.
  • #62,972
  • May 6, 2010 2:10pm May 6, 2010 2:10pm
If you made money in the past 2 hours dont bullshit yourself and say it's skill. But don't worry, the losses will return after the Vegas day is over.
Keep taking CT trades, I need more money
  • #62,973
  • May 6, 2010 2:10pm May 6, 2010 2:10pm
Isn't it reassuring that Price Action the J16 way, (PA at swing highs, etc.) showed the way on many pairs.
Indicators show the past. Price Action "Indicates" the future.
  • #62,974
  • May 6, 2010 2:11pm May 6, 2010 2:11pm
CNN and MSNBC talking about Greek crisis.

video footage of rioting
  • #62,975
  • May 6, 2010 2:11pm May 6, 2010 2:11pm
Quoting jarroo
Isn't it reassuring that Price Action the J16 way, (PA at swing highs, etc.) showed that way on many pairs.
True dat.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #62,976
  • May 6, 2010 2:12pm May 6, 2010 2:12pm
Quoting Ryanmcd
If you made money in the past 2 hours dont bullshit yourself and say it's skill. But don't worry, the losses will return after the Vegas day is over.


Im staying out. Taking a back seat
  • #62,977
  • May 6, 2010 2:12pm May 6, 2010 2:12pm
Quoting Ryanmcd
If you made money in the past 2 hours dont bullshit yourself and say it's skill. But don't worry, the losses will return after the Vegas day is over.
damn
  • #62,978
  • May 6, 2010 2:12pm May 6, 2010 2:12pm
Quoting Ryanmcd
If you made money in the past 2 hours dont bullshit yourself and say it's skill. But don't worry, the losses will return after the Vegas day is over.
Exactly. Anyone that made cash the last few hours - technicals had nothing to do with any of it. You just happened to be on the right side when the bomb went off.
Cap
  • #62,979
  • May 6, 2010 2:13pm May 6, 2010 2:13pm
Quoting 4X=0
CNN and MSNBC talking about Greek crisis.

video footage of rioting
The whole world is coming to an end! Come on already! LOL


Yeah, I think the Greece thing will spread global. Only a matter of time. Madness of crowds, baby.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #62,980
  • May 6, 2010 2:14pm May 6, 2010 2:14pm
Quoting The Captain
Exactly. Anyone that made cash the last few hours - technicals had nothing to do with any of it. You just happened to be on the right side when the bomb went off.
Actually technicals were still in place on plenty of things. If you just start shorting or long when you see large bars then I agree. My trade was very sound and I have made similar plays year after year. Just like if you were short usd/jpy from the DBHLC, did you know this would happen. HELL no! But if it does and your in then you ride the train.
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