james16 Chart Thread | Page 4054 | 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

  • #81,061
  • Nov 28, 2010 8:50pm Nov 28, 2010 8:50pm
Quoting jarroo
Great analysis, Pb . . .

Thanks Jarroo

Just practicing what you showed us all.


These Weekend sessions with other students of J16 are really nice.

Gives the mice a chance to play while the cats are away. LoL
  • #81,062
  • Nov 28, 2010 10:33pm Nov 28, 2010 10:33pm
Quoting Adilius07
But see the one before is also against BRN, but worked out perfectly. I'm afraid that in real life I would take a PB like that for sure, for a full loss.. because really we can see that there is still some room to go to BRN and think we could move to BE fast, well at least my thinking is this now. I need to seriously review my trading plan..
I was away for a week and had a lot to catch up. As expected, all the golden nuggets !!. Ghous's ppz discussion and Adi's weekly test.

Adi, I hope you can do this every week :-) loved this initiative. I will try to give it a go next week. Keep up the great work !!

cheers

p.s. I would have done the same thing as you mentioned. Would have a been a full bar loss for me :-(. I guess the only thing that could have changed my reason to buy would have been knowing where high timeframe S+Rs are.
  • #81,063
  • Edited 2:00am Nov 29, 2010 1:46am | Edited 2:00am
WTF?! Why didn't this happen AFTER midnight/my trade would have been activated? It would have reached my TP in a minute. LOL.

Is this an error on my feed or why are the wicks of this candlestick red and the body blue?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 101129_au_01.gif Size: 22 KB
Click to Enlarge Name: 101129_au_02.gif Size: 28 KB
Click to Enlarge Name: 101129_au_03.gif Size: 25 KB
Thanks J16, Sam Seiden, Udine and Jacko
  • #81,064
  • Nov 29, 2010 2:00am Nov 29, 2010 2:00am
Quoting HanSolo
WTF?! Why didn't this happen AFTER midnight/my trade would have been activated? It would have reached my TP in a minute. LOL.

Is this an error on my feed or why are the wicks of this candlestick red and the body blue?

This is IBFX.
Attached Image (click to enlarge)
Click to Enlarge Name: pic.jpg Size: 111 KB
  • #81,065
  • Nov 29, 2010 2:09am Nov 29, 2010 2:09am
Quoting Pinbar
This is IBFX.
Thanks, PB. Yes, I just saw that on another web generated chart. There's something terribly wrong with the IBFX feed lately.

EDIT: Chatting with IBFX live support. Will be back in a minute...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 101129_au_04.gif Size: 54 KB
Click to Enlarge Name: 101129_au_05.gif Size: 29 KB
Thanks J16, Sam Seiden, Udine and Jacko
  • #81,066
  • Nov 29, 2010 2:12am Nov 29, 2010 2:12am
Quoting HanSolo
Thanks, PB. Yes, I just saw that on another web generated chart. There's something terribly wrong with the IBFX feed lately.
Probably it is just a bad tick, and would not affect any order. With my thinkorswim I saw those many times, and order were never affected. If it was really a bad tick.
  • #81,067
  • Nov 29, 2010 2:13am Nov 29, 2010 2:13am
Quoting HanSolo
Thanks, PB. Yes, I just saw that on another web generated chart. There's something terribly wrong with the IBFX feed lately.
You guys get stopped out? As in was that a "live" price?

Brokers DO manufacture internal stop guns btw.....
One Mind, Any Market
  • #81,068
  • Nov 29, 2010 2:20am Nov 29, 2010 2:20am
Seems to be just a problem with my feed and/or history files.This solved the problem:

1. Deleted all the files in the program's history folder.
2. Reopened Metatrader
3. As it still showed strange bars I also close and reopened the AUDUSD.

Now it's back to normal. Glad I'm still in this trade.
Thanks J16, Sam Seiden, Udine and Jacko
  • #81,069
  • Nov 29, 2010 2:28am Nov 29, 2010 2:28am
Quoting Adilius07
Probably it is just a bad tick, and would not affect any order. With my thinkorswim I saw those many times, and order were never affected. If it was really a bad tick.

The same thing occurred on IBFX the other day, it triggered my buy order, which according to the chart it was placed on, price was 100 pips below my order. But in fact price was already 100 pips above my order when I placed the buy order. Even though, I was 100 pips in profit, IBFX showed a loss of about 20 pips.
  • #81,070
  • Nov 29, 2010 2:32am Nov 29, 2010 2:32am
Quoting jarroo
But for me, I need to know what's going on . on the higher TFs to get a clearer picture from these setups. (chart)

I do not want to take away from these exercises . . maybe we can show part of the higher time frame that's just above it ?
That's a good idea. I will post some more TFs next time.
Thanks J16, Sam Seiden, Udine and Jacko
  • #81,071
  • Nov 29, 2010 2:32am Nov 29, 2010 2:32am
Quoting Pinbar
The same thing occurred on IBFX the other day, it triggered my buy order, which according to the chart it was placed on, price was 100 pips below my order. But in fact price was already 100 pips above my order when I placed the buy order. Even though, I was 100 pips in profit, IBFX showed a loss of about 20 pips.
I read somewhere on the FF, that when something like this happens with Oanda they will promptly return all the money back, if you complain immediately.
Should be the same with IBFX no? If this kind of things are ok with brokers, and one can loose money from such invalid charting glitches we really do nothing but gambling here. This is not serious. Why study, wait, analyze, when our broker just "moves" price 100 pips if he wants and when he wants?
Too scary. I think they have a procedure to settle this things when they happen, don't they?
  • #81,072
  • Nov 29, 2010 2:34am Nov 29, 2010 2:34am
Quoting Pinbar
The same thing occurred on IBFX the other day, it triggered my buy order, which according to the chart it was placed on, price was 100 pips below my order. But in fact price was already 100 pips above my order when I placed the buy order. Even though, I was 100 pips in profit, IBFX showed a loss of about 20 pips.
Have you talked to the IBFX support? I mean that's serious stuff.
Thanks J16, Sam Seiden, Udine and Jacko
  • #81,073
  • Nov 29, 2010 2:45am Nov 29, 2010 2:45am
Quoting HanSolo
Have you talked to the IBFX support? I mean that's serious stuff.

Its just a demo account, my live account is FXDD.

Check out IBFX Daily NZD/CHF.

I can't believe these gaps are real.
Attached Image (click to enlarge)
Click to Enlarge Name: pic.jpg Size: 89 KB
  • #81,074
  • Nov 29, 2010 2:46am Nov 29, 2010 2:46am
Quoting Pinbar
Its just a demo account, my live account is FXDD.

Check out IBFX Daily NZD/CHF.

I can't believe these gaps are real.
Pinbar, I don't have any gaps on my demo... hmm, makes me think IBFX is not reliable for charting...
  • #81,075
  • Nov 29, 2010 2:58am Nov 29, 2010 2:58am
Quoting Adilius07
Pinbar, I don't have any gaps on my demo... hmm, makes me think IBFX is not reliable for charting...

I tried reloading the data, it didn't change anything, I even downloaded a new version of MT4 from them, and it is still the same.

Yeah, I am looking for a new demo broker, any suggestions folks?

Somebody, mentioned Alpari UK but the sign up process is crazy.


Maybe a Trading station platform broker.
  • #81,076
  • Nov 29, 2010 3:26am Nov 29, 2010 3:26am
  •  Jey
  • | Joined Jun 2009 | Status: Market Slave-Overworked/Underpipped | 283 Posts
FXCM provides a trading station platform, fantastic to trade.
I have seen the enemy, and it is me.
  • #81,077
  • Nov 29, 2010 3:27am Nov 29, 2010 3:27am
  •  Jey
  • | Joined Jun 2009 | Status: Market Slave-Overworked/Underpipped | 283 Posts
Quoting Dan Gilbert
I hope everyone enjoys their December off.

I know I will.

I have all but closed the charts starting last monday

May you all achieve your goals in 2011
Any reason not trading in December?
I have seen the enemy, and it is me.
  • #81,078
  • Nov 29, 2010 3:30am Nov 29, 2010 3:30am
Quoting Pinbar
Its just a demo account, my live account is FXDD.

Check out IBFX Daily NZD/CHF.

I can't believe these gaps are real.
I don't have any on my neither. Instead I see a +2000 pips gap on my USDDKK in late April 2010. Is this for real?

Have you tried to delete the history files and reopened the program and chart yet, PB?
Thanks J16, Sam Seiden, Udine and Jacko
  • #81,079
  • Nov 29, 2010 3:35am Nov 29, 2010 3:35am
Quoting Jey
Any reason not trading in December?
There is no big vola in december, actually most of the traders trade 10-11 months a year and enjoy the christmas time with their families and make some vacations

markets will get smooth next few weeks until new year


happy christmas!
Hero calls followed by margin calls...
  • #81,080
  • Nov 29, 2010 3:37am Nov 29, 2010 3:37am
Quoting HanSolo
I don't have any on my neither. Instead I see a +2000 pips gap on my USDDKK in late April 2010. Is this for real?

Have you tried to delete the history files and reopened the program and chart yet, PB?
i recommend to don't trade this gap^^

actually, there aren't any gaps, gaps a information lacks of your broker, so gaptrading is a myth and gaps as well.... markets are open 24/7,

so stop this shitty gapstuff and concentrate on the real things

best regards
Pha
Hero calls followed by margin calls...
90 traders viewing now