james16 Chart Thread | Page 3675 | 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

  • #73,481
  • Aug 31, 2010 6:29pm Aug 31, 2010 6:29pm
Quoting mbqb11
hey Zhang

Yes by the nature of the outside bar as a reversal bar you will always be away from the swing high. The idea is that the BEOB is confirming the location and showing the price may be continuing to the downside in this case.

Hope I understood your question correct
Mike
Well mmm, let me give u another example. Lets take a BEOB at a swing high of an uptrend, so in this case the BEOB would give rise to a pullback. If the engulfing bar is large then you would be entering when price has already retraced quite a distance from the swing high. Would you still trade this BEOB ?

May the force be with you.
Pipcrawler
  • #73,482
  • Aug 31, 2010 6:39pm Aug 31, 2010 6:39pm
Quoting xmzhang
Well mmm, let me give u another example. Lets take a BEOB at a swing high of an uptrend, so in this case the BEOB would give rise to a pullback. If the engulfing bar is large then you would be entering when price has already retraced quite a distance from the swing high. Would you still trade this BEOB ?

May the force be with you.
Hey Zhang

The way I am understanding your question is will i trade a big Beob at a swing high? If that is the question that is exactly what I look for as some of the best trades. The ideal location for a beob is a swing high point as per j16. I hope I am not misunderstanding still

Best
Mike
  • #73,483
  • Aug 31, 2010 7:07pm Aug 31, 2010 7:07pm
Quoting jarroo
They could not find Support . .too much confluence . . Price could not resist but to head down (pun intended) . .

Thanks Rac-man,


Jim
LOL, dude I recorded a video of this trade as it went on. Jim, feels like your reading my mind lately! Looking at the exact same confluence zones. Anyway, the video is currently rendering and processing, i'll post it up once its done for your viewing pleasure.
  • #73,484
  • Aug 31, 2010 7:12pm Aug 31, 2010 7:12pm
Quoting Ace284
LOL, dude I recorded a video of this trade as it went on. Jim, feels like your reading my mind lately! Looking at the exact same confluence zones. Anyway, the video is currently rendering and processing, i'll post it up once its done for your viewing pleasure.

Cool Ace . .I'll check it out.
Indicators show the past. Price Action "Indicates" the future.
  • #73,485
  • Aug 31, 2010 7:18pm Aug 31, 2010 7:18pm
Quoting Ace284
LOL, dude I recorded a video of this trade as it went on. Jim, feels like your reading my mind lately! Looking at the exact same confluence zones. Anyway, the video is currently rendering and processing, i'll post it up once its done for your viewing pleasure.

No big surprise here on the Eur/Aud . . .Like to have seen it touch the 1.4350 PPZ level (RES) with better PA . .but muliple confluences do Rule.
Attached Image (click to enlarge)
Click to Enlarge Name: euraud4hour.jpg Size: 93 KB
Indicators show the past. Price Action "Indicates" the future.
  • #73,486
  • Aug 31, 2010 7:24pm Aug 31, 2010 7:24pm
Quoting bluetrader
Hey Imphilomath,

Don't know if you got an answer to this question. A journal is very important to me and I played around with many different formats. The best format is one that you can go back to review your trades effectively. Excel is great for aggregating data points and calculations, but not so good at layouts of charts. Word is great at layouts, but not so good at calculations.

Hope this helps.

-- Danny
Thanks Danny. I went to see your journal thread,very well documented ,I hope to do the same so I can analyze and learn from my trades.

I also prefer to see the chart when I am looking at the trade data. As per my previous post, I was able to embed chart images in excel so I can use only excel to look at trade data ( very similar to what you have in your trade journal) and then 'mouse over' one of those trades which automatically pops up a chart/screenshot when I took the trade. I use 1 excel tab/forex pair as that helps give me thought continuity for a given pair.

see attached example( chart might not match the trade details as this is just an example :-)) . appreciate your replying.
Attached Image (click to enlarge)
Click to Enlarge Name: example.JPG Size: 113 KB
  • #73,487
  • Aug 31, 2010 7:25pm Aug 31, 2010 7:25pm
Quoting xmzhang
Well mmm, let me give u another example. Lets take a BEOB at a swing high of an uptrend, so in this case the BEOB would give rise to a pullback. If the engulfing bar is large then you would be entering when price has already retraced quite a distance from the swing high. Would you still trade this BEOB ?

May the force be with you.
xmz...I believe this may be the type of BEOB you are speaking of trading? In this case playing break would be about 200 pips lower than the swing high of 90.
Attached Image (click to enlarge)
Click to Enlarge Name: ddddd.gif Size: 24 KB
  • #73,488
  • Aug 31, 2010 7:35pm Aug 31, 2010 7:35pm
Quoting Donkey
xmz...I believe this may be the type of BEOB you are speaking of trading? In this case playing break would be about 200 pips lower than the swing high of 90.
Good example D.


Big Bars brings Big Momentum . . and when they are confluenced with a Swing High (or swing Low), PPZ levels, BRNs , Retracement Levels, etc . .and even when they're not . . they can show the strength of their Mighty Mo . .
Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy444.jpg Size: 84 KB
Indicators show the past. Price Action "Indicates" the future.
  • #73,489
  • Aug 31, 2010 7:35pm Aug 31, 2010 7:35pm
Quoting Imphilomath
...

see attached example( chart might not match the trade details as this is just an example :-)) . appreciate your replying.
Imp, that looks sweet! How did you embed images into the comments? Would be great to do this when I just want to run the numbers and look at the chart.

Looks great.
  • #73,490
  • Aug 31, 2010 7:51pm Aug 31, 2010 7:51pm
Anyone still in the Gpb/Usd Weekly DBHLC?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdw.jpg Size: 94 KB
Indicators show the past. Price Action "Indicates" the future.
  • #73,491
  • Aug 31, 2010 8:08pm Aug 31, 2010 8:08pm
GBPJPY 4hr pin
double bottom, daily ppz and TL with divergence

and surely Japan is going to intervene at some point - seeing as there measures earlier in the week were laughed at????
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpjpy daily.gif Size: 22 KB
Click to Enlarge Name: gbpjpy 4hr.gif Size: 20 KB
  • #73,492
  • Aug 31, 2010 8:12pm Aug 31, 2010 8:12pm
Hi all, I haven't been active for the past few weeks. The market has been quiet or no significant trend moves so far. Just wondering if it's just me or anyone else feels the same?
  • #73,493
  • Aug 31, 2010 8:50pm Aug 31, 2010 8:50pm
Quoting bluetrader
Imp, that looks sweet! How did you embed images into the comments? Would be great to do this when I just want to run the numbers and look at the chart.

Looks great.
Thanks Danny !!

This is what worked for me,
-Right-click on the cell and insert Comment
-Right-click on the border of the comment and click "Format Comment"in the menu.
-Choose the Colors and Lines tab, fill section, click the drop-down for Color
-Choose Fill Effects, in Picture , then 'Select Picture'
-Choose your picture and click Insert and click OK
- When you move your mouse over that cell with the comment, it will show your image.When you move out, automatically disappears( just like a comment)

cheers
  • #73,494
  • Aug 31, 2010 9:52pm Aug 31, 2010 9:52pm
Quoting Imphilomath
Thanks Danny !!

This is what worked for me...
Thanks, the instructions were spot on.... will be trying it out.
  • #73,495
  • Aug 31, 2010 10:18pm Aug 31, 2010 10:18pm
Quoting roundrock
not as good as EURNZD pin

FTA is around 1:1 , i am skipping this, but will watch

RounrRock

What feed was that EUR/AUD on and what is the red EMA the 365?

My FXDD feed does not show any PA at all and neither does price touch either the 365(red) or even the 150 (blue).

I can understand the bar differences but the EMA is confusing.
Attached Image (click to enlarge)
Click to Enlarge Name: pic.gif Size: 31 KB
  • #73,496
  • Aug 31, 2010 10:32pm Aug 31, 2010 10:32pm
Quoting spookie94
Hey Ludo,
Im trying to set this up but for some reason the email is not making it to my email account. In the Option > Email area do you just enter the email address in the "To" field?
ANyone have a clue how to set this up? I have no idea what they want in the settings. An example would be greatly appreciated.
  • #73,497
  • Aug 31, 2010 10:33pm Aug 31, 2010 10:33pm
Quoting spookie94
ANyone have a clue how to set this up? I have no idea what they want in the settings. An example would be greatly appreciated.

Sorry, trying to send an alert to another email address.
  • #73,498
  • Aug 31, 2010 10:43pm Aug 31, 2010 10:43pm
Quoting jarroo
Anyone still in the Gpb/Usd Weekly DBHLC?

No, but I am watching it as it shows me how Jarroo's methodology plays out like a script from a movie.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: pic.gif Size: 240 KB
Click to Enlarge Name: picm.gif Size: 35 KB
Click to Enlarge Name: pic4.gif Size: 32 KB
  • #73,499
  • Aug 31, 2010 10:44pm Aug 31, 2010 10:44pm
Quoting Pinbar
RounrRock

What feed was that EUR/AUD on and what is the red EMA the 365?

My FXDD feed does not show any PA at all and neither does price touch either the 365(red) or even the 150 (blue).

I can understand the bar differences but the EMA is confusing.
PB, that was 150 ema, my feed is fxcm uk which is gmt+1

the trade resulted in profit, but i didnt take it
  • #73,500
  • Aug 31, 2010 10:53pm Aug 31, 2010 10:53pm
It seems like the pinbar indicator erases any trend lines that I draw if I move between time frames. For example, if I draw a line on the 4 hour chart then quickly go to the one hour time frame, when I go back to the four hour chart, all the drawings disappear. Does anybody knows how to fix that?

Tnx,



fxtsun
156 traders viewing now