hey Sir jarroo,
maybe this is a dessert/eye candy for u..hahah
audnzd H4 Dale's doubles (double IB)
maybe this is a dessert/eye candy for u..hahah
audnzd H4 Dale's doubles (double IB)
james16 Chart Thread
- #84,701
- Jan 6, 2011 4:32am Jan 6, 2011 4:32am
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
- #84,702
- Jan 6, 2011 4:33am Jan 6, 2011 4:33am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Btw, that was my first post in FF and on this opportunity I really really want to say thanks to all the members(especially senior members, Sir james16,mbqb11,jarroo,raczekfx...) in james16 Chart Thread.
I ve been lurking in the thread 2 years now(read only) and you guys are always enlighting my way. If I didn`t come across this thread, there still are a lot to learn though, I think I would never get where I am now. I greatly appreciate it , beyond word.
Ken.
(sorry my poor English)
Welcome Ken.
Your english is great . .looks better then ( or is it "than") mine. Let's see some charts ..
Indicators show the past. Price Action "Indicates" the future.
- #84,703
- Jan 6, 2011 4:37am Jan 6, 2011 4:37am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
hey Sir jarroo,
maybe this is a dessert/eye candy for u..hahah
audnzd H4 Dale's doubles (double IB)
Attachment
Wow . .Cool . .
. .a chart from sChaos!!lol
Interesting level where this formed . .wouldn't you say sChaos . .
Indicators show the past. Price Action "Indicates" the future.
- #84,704
- Jan 6, 2011 4:42am Jan 6, 2011 4:42am
Notice this BUOB on the Weekly Chf/Jpy and how no bar closed below the previous bar High. Price is acting as Support on the Weekly TF, the same time frame as the setup.
On the Daily and lower TFs, you'll see Price not acting as Support at this previous bar High level on the Weekly BUOB.
Wow, very great post on how to validate whether the S/R REALLY holds...I've been learning your "price break thru and close above/below" approach, and this post really saved me from further confusion.
Thank you so much again!
Dreams are hard to follow, but don't let anyone, tear them away...
- #84,705
- Jan 6, 2011 4:44am Jan 6, 2011 4:44am
- | Joined Jul 2010 | Status: MAKE IT HAPPEN | 2,220 Posts
Daaamn this is my performance since 22 July 2010.
Doesn't look like I improve at all
Doesn't look like I improve at all
- #84,706
- Jan 6, 2011 4:45am Jan 6, 2011 4:45am
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
Wow . .Cool . .
lol
Interesting level where this formed . .wouldn't you say sChaos . .
so far the H4 range high around 1.3160/70 is holding... a weak retracement for that huge daily BUOB
- #84,707
- Jan 6, 2011 4:54am Jan 6, 2011 4:54am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
83.50 bar high?
depending on how others look at it,
it did act as support on H4 & D1 (@ IBFX.. mostly, only wicks breached the area & most of the closes were above it; i didnt check much lower TFs)
good, good stuff..
Its a good sign when the lower TFs also act as Support as well.
Indicators show the past. Price Action "Indicates" the future.
- #84,708
- Jan 6, 2011 4:57am Jan 6, 2011 4:57am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
yeah, right below 1.3200.. trying to convince to u to buy cheap, buy now.
so far the H4 range high around 1.3160/70 is holding... a weak retracement for that huge daily BUOB
The PPZ level within the BUOB is also in play here. . .the 1.3138ish level.
Indicators show the past. Price Action "Indicates" the future.
- #84,709
- Jan 6, 2011 4:58am Jan 6, 2011 4:58am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Hi Jarroo,
Wow, very great post on how to validate whether the S/R REALLY holds...I've been learning your "price break thru and close above/below" approach, and this post really saved me from further confusion.
Thank you so much again!
Glad I could help, s00. Just another part of the story.
Indicators show the past. Price Action "Indicates" the future.
- #84,710
- Jan 6, 2011 5:06am Jan 6, 2011 5:06am
Cherry picking or another stupid trade?
If I may...
What I like about this PB is that its size looks OK, also has a long nose protruding away, clear rejection from the 0.8450 daily PPZ and 61.8 fib.
However, my main concern is that FTA level, which I consider to be 0.8500 (as you have also highlighted), this level also fits with the 50.0 fib...so this FTA seems a bit too close for my management (buffer + spread)...
I am a newbie, so you may not weigh my views seriously, hope some seniors can shed some lights on me too.
Dreams are hard to follow, but don't let anyone, tear them away...
- #84,712
- Jan 6, 2011 5:20am Jan 6, 2011 5:20am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Hi Adi,
If I may...
What I like about this PB is that its size looks OK, also has a long nose protruding away, clear rejection from the 0.8450 daily PPZ and 61.8 fib.
However, my main concern is that FTA level, which I consider to be 0.8500 (as you have also highlighted), this level also fits with the 50.0 fib...so this FTA seems a bit too close for my management (buffer + spread)...
I am a newbie, so you may not weigh my views seriously, hope some seniors can shed some lights on me too.
Price has moved down pretty strong so a bigger PB would be prefered.
The .8450 is a strong confluenced PPZ level . .on the Weekly. No surprise where Price found Support from its strong move down. I would like to see the Daily close above the .8450.
Indicators show the past. Price Action "Indicates" the future.
- #84,713
- Jan 6, 2011 5:32am Jan 6, 2011 5:32am
I like the light you shed, s00.
Price has moved down pretty strong so a bigger PB would be prefered.
The .8450 is a strong confluenced PPZ level . .on the Weekly. No surprise where Price found Support from its strong move down. I would like to see the Daily close above the .8450.
Yes, I missed the lower highs on the weekly, and that 0.8450 is such a heavy confluenced level...my bad that I have .8450 as daily PPZ and .8400 as weekly ppz. Gotta go back to charts and study harder.
Dreams are hard to follow, but don't let anyone, tear them away...
- #84,714
- Jan 6, 2011 5:32am Jan 6, 2011 5:32am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Daaamn this is my performance since 22 July 2010.
Doesn't look like I improve at all
Can we see some of the setups you took?
Indicators show the past. Price Action "Indicates" the future.
- #84,715
- Jan 6, 2011 5:41am Jan 6, 2011 5:41am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Thank you so much for your "sunshine" Jarroo, my light is at most as bright as a tiny candle....
Yes, I missed the lower highs on the weekly, and that 0.8450 is such a heavy confluenced level...my bad that I have .8450 as daily PPZ and .8400 as weekly ppz. Gotta go back to charts and study harder.
The .8400 doesn't look bad on the Weekly. But you can see that the .8450 had many more touches than the .8400.
Your doing great ..
Indicators show the past. Price Action "Indicates" the future.
- #84,716
- Edited 6:54am Jan 6, 2011 6:40am | Edited 6:54am
- Joined May 2010 | Status: HCR-LCS SFP | 6,026 Posts
- #84,718
- Jan 6, 2011 6:54am Jan 6, 2011 6:54am
始めまして。
大丈夫です、貴方の英語はとても上等です。
二年間もこの掲示板を読みました。大驚きです。頑張れましたね。
横浜滞在の不良外人です、よろしくお願いします。
本当は不良ではないが、不良成りたいです。大笑い。
僕以外皆さんは優しいです、いっぱい教えてくれる。また大笑い。
頑張れましょう。。。。一番絞り飲みたい。ああああああああああああ。
２５年間日本に滞在しました、もイギリスに帰れないよ。
私の英語はだんだんとちんぷんかんぷんに成れ、最近外国人と出会うと何が話せば良いか分からない。本当です。大笑い。...
although I couldn't even read one word
- #84,719
- Jan 6, 2011 6:54am Jan 6, 2011 6:54am
- Joined May 2010 | Status: HCR-LCS SFP | 6,026 Posts
I completely agree with you Pinbar
although I couldn't even read one word
Me too....LOL
I was just telling Ken how good his English and how bad my English has gotten after living in Japan for 28 years.
And that he really tried hard in spending 2 years reading this thread, I suppose it would take me ten years to read it if it was in Japanese.
I also mentioned what a bad chap I am, well, I am not really, I would just like to be and I want a Kirin Ichiban SHibori Beer....None in the fridge and it is really dry here today.
Blahhhhhh Bllahhhhh.
I think my lawyer did some permanent damage to my brain today. LOL
- #84,720
- Jan 6, 2011 6:57am Jan 6, 2011 6:57am
Whatever that last bit means would look great on a Tattoo.
I completely agree with you Pinbar
although I couldn't even read one word
"As Kids we believe Anything is Possible; the Trick is to never forget it!"