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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

  • #63,001
  • May 6, 2010 2:37pm May 6, 2010 2:37pm
Quoting Ryanmcd
haha 5min good stuff
my xbox is fixed lets get this going man! you guys can talk to me about 5min over it now
  • #63,002
  • May 6, 2010 2:37pm May 6, 2010 2:37pm
Quoting mbqb11
Ryan I was well in my position before mine took off here. My trade plan was firmly in place. Did I know this would explode that quick? course not lol. But it did and you react accordingly.

Ahh was just going to post only in PF but here is my trade. Did I expect this that QUICK , no way. But this was a trade that had a firm trade plan. No one knows whats going to happen at anytime. That isn't the argument. I think you should understand I am talking about understanding your trade plan.

At least that's what I did. Oh My actual order was a BV(bounds...
Great example of a hard and fast break, Mike.
Indicators show the past. Price Action "Indicates" the future.
  • #63,003
  • May 6, 2010 2:39pm May 6, 2010 2:39pm
Quoting mbqb11
back to my 5 min charts
I knew it!!

PS: Best. Video. Ever.
  • #63,004
  • May 6, 2010 2:39pm May 6, 2010 2:39pm
Quoting Ryanmcd
Mike this video is CLASSIC haha,

It's like you are at dinner with a supermodel on the 1st date and she says, lets skip dinner and just have rough sex gggg.


p.s. Just busting your balls on the trade, I know you have a clue, what my worry is all the retards thinking that they are now Forex Jedi's after a move.
Its could happen.
Indicators show the past. Price Action "Indicates" the future.
  • #63,005
  • May 6, 2010 2:40pm May 6, 2010 2:40pm
Quoting mbqb11
anytime the xxx/jpy are falling to their deaths rac is in, no doubt about it
And how he links those pairs to the fortunes in equities.
Bundy's status today: "Waiting..."
  • #63,006
  • May 6, 2010 2:42pm May 6, 2010 2:42pm
Quoting mbqb11
my xbox is fixed lets get this going man! you guys can talk to me about 5min over it now

Sounds good to me, I played some COD a few days ago but not so good at it. you want to play some next week? let me know.

P.S. just moved back to the 3min for more action
Keep taking CT trades, I need more money
  • #63,007
  • May 6, 2010 2:47pm May 6, 2010 2:47pm
Quoting bundyraider
And how he links those pairs to the fortunes in equities.
Absolutely.

Probably because Price couldn't break this baby PB. I'm sure he wasn't looking for buying opportunities.
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Indicators show the past. Price Action "Indicates" the future.
  • #63,008
  • May 6, 2010 2:51pm May 6, 2010 2:51pm
Quoting mbqb11
Ryan I was well in my position before mine took off here....
haha wow excellent video mike and even better trade
  • #63,009
  • May 6, 2010 2:51pm May 6, 2010 2:51pm
Trading error at a Firm? Someone typed Billion instead of million. LOL. Wonder if that rumor is true...
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #63,010
  • May 6, 2010 2:53pm May 6, 2010 2:53pm
Quoting LasVahGoose
Trading error at a Firm? Someone typed Billion instead of million. LOL. Wonder if that rumor is true...
probably the best theory so far to be honest lol.....
Many choose unhappiness over uncertainty.
  • #63,011
  • May 6, 2010 3:00pm May 6, 2010 3:00pm
Quoting LasVahGoose
Trading error at a Firm? Someone typed Billion instead of million. LOL. Wonder if that rumor is true...
That could start the ball rolling. The market was just looking for a reason anyway.
Indicators show the past. Price Action "Indicates" the future.
  • #63,012
  • May 6, 2010 3:04pm May 6, 2010 3:04pm
lol!

PG is due further regulation:


http://www.cnbc.com/id/36999483






.
Many choose unhappiness over uncertainty.
  • #63,013
  • May 6, 2010 3:10pm May 6, 2010 3:10pm
Quoting mbqb11
Ryan I was well in my position before mine took off here....
LOL.

"I'm fine if price hits up here and just stalls into tomorrow"
Bundy's status today: "Waiting..."
  • #63,014
  • May 6, 2010 3:17pm May 6, 2010 3:17pm
Surprised i am still in my trade after this today.
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  • #63,015
  • May 6, 2010 3:19pm May 6, 2010 3:19pm
Going for the GOLD! Looks like it is on the move to break the previous high....
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #63,016
  • May 6, 2010 3:19pm May 6, 2010 3:19pm
Quoting LasVahGoose
Trading error at a Firm? Someone typed Billion instead of million. LOL. Wonder if that rumor is true...
Or they're trying to soften the panic.

There's been a wholesale change in the markets for a couple of weeks. Bullshit it was just the operator error.
Bundy's status today: "Waiting..."
  • #63,017
  • May 6, 2010 3:23pm May 6, 2010 3:23pm
Folks from the Private Forum, should recognize this setup. Thank You RAC!
.
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Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #63,018
  • May 6, 2010 3:24pm May 6, 2010 3:24pm
Quoting bundyraider
Or they're trying to soften the panic.

There's been a wholesale change in the markets for a couple of weeks. Bullshit it was just the operator error.
Yeah, plus the U.K. elections in the mix. It's all suspect to me.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #63,019
  • May 6, 2010 3:26pm May 6, 2010 3:26pm
Quoting jarroo
That could start the ball rolling. The market was just looking for a reason anyway.
Already had the reason. They've just been waiting for the sheep to figure it out while they position themselves. lol

This whole shake up with greece and all. The rumours have been there for over a year of bigger trouble in europe. We're not going to return to yesterdays prices tomorrow. This drop will continue IMO. Question is how fast and how long.

Everyone's flocking to the havens again.
Bundy's status today: "Waiting..."
  • #63,020
  • May 6, 2010 3:28pm May 6, 2010 3:28pm
Quoting LasVahGoose
Folks from the Private Forum, should recognize this setup. Thank You RAC!
.
yezzir. fast trade.

demo
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Many choose unhappiness over uncertainty.
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