james16 Chart Thread | Page 4445 | 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

  • #88,881
  • Feb 13, 2011 1:38pm Feb 13, 2011 1:38pm
Quoting fxgroup
When we have a PA candle on M chart,its effect on lower tf is at least a consolidation,in our case is M-IPB,witch worked fine,making a sideways(SDW) market (yellow consolidation) on W.The 2WPB pushed the price up and closed above SDW's limit and blue ppz.It is true that the friday candle closed in the WPB's(2011.01.09) range and below 0.98 R,but if we see bullish PA as my chart,I belive that 0.9920 will be the next target.
P.S.Except the parity,0.9920 was the most important S on M chart and was never confirmed as R(just mine about market structure/dynamic)....

I see your point fxg. The .9920ish is a great level and if Price can cut through th .9800 without much reaction (relatively speaking of course) we could go beyond the .99 to the 1.0. But the .9800 is going to have its say . .imo.

Nice work ..
Attached Image (click to enlarge)
Click to Enlarge Name: uchf13ww.jpg Size: 117 KB
Indicators show the past. Price Action "Indicates" the future.
  • #88,882
  • Feb 13, 2011 1:44pm Feb 13, 2011 1:44pm
Quoting jarroo
I see your point fxg. The .9920ish is a great level and if Price can cut through th .9800 without much reaction (relatively speaking of course) we could go beyond the .99 to the 1.0. But the .9800 is going to have its say . .imo.

Nice work ..
providing eu shorts.....lets see if it will be that simple next 2 weeks

Phanti.
Hero calls followed by margin calls...
  • #88,883
  • Edited 2:16pm Feb 13, 2011 1:55pm | Edited 2:16pm
Quoting PhAnTi'
providing eu shorts.....lets see if it will be that simple next 2 weeks

Phanti.

Where Price closes on the EU ..specifically the 1.35 BRN PPZ level, will be telling on where the Euro will be heading.

Right now, Price failed to close below the 1.35 so I see this level as Support.
Attached Image (click to enlarge)
Click to Enlarge Name: euro13.jpg Size: 87 KB
Indicators show the past. Price Action "Indicates" the future.
  • #88,884
  • Feb 13, 2011 1:58pm Feb 13, 2011 1:58pm
Quoting jarroo
Where Price closes on the EU ..specifically the 1.35 BRN PPZ level, will be telling on where the Euro will be heading.

Right now, Price failed to close below the 1.35 so I see this level as Support.
with swissy longs in the back and a hourly/daily close below 3500 we will see far lower levels,

anyway lets c for monday close.
im cable and eu short biased.


Phanti
Hero calls followed by margin calls...
  • #88,885
  • Feb 13, 2011 2:02pm Feb 13, 2011 2:02pm
Quoting PhAnTi'
with swissy longs in the back and a hourly/daily close below 3500 we will see far lower levels,

anyway lets c for monday close.
im cable and eu short biased.


Phanti

I agree but Price hasn't closed below the 1.35 nor the 1.6 on the GU. When this occurrs, I can see them going lower . . . but for now I see them rising. imo.
Indicators show the past. Price Action "Indicates" the future.
  • #88,886
  • Feb 13, 2011 2:04pm Feb 13, 2011 2:04pm
Quoting jarroo
I agree but Price hasn't closed below the 1.35 nor the 1.6 on the GU. When this occurrs, I can see them going lower . . . but for now I see them rising. imo.
alright. do you talk about daily closes below mentioned levels ?

ph.
Hero calls followed by margin calls...
  • #88,887
  • Feb 13, 2011 2:06pm Feb 13, 2011 2:06pm
Quoting PhAnTi'
alright. do you talk about daily closes below mentioned levels ?

ph.

Yes I talking about the Daily closes . .but Price hasn't even closed on the Hourly nor even the 15 min TF (on the euro).
Indicators show the past. Price Action "Indicates" the future.
  • #88,888
  • Feb 13, 2011 2:09pm Feb 13, 2011 2:09pm
Quoting jarroo
Yes I talking about the Daily closes . .but Price hasn't even closed on the Hourly nor even the 15 min TF (on the euro).
true.
anyway lets see, usd index and swissy might kill the 3500 eurusd level.

wish u a nice week jarro !

thank you so much for your time,effort and charts :-]


PhanTi
Hero calls followed by margin calls...
  • #88,889
  • Feb 13, 2011 2:12pm Feb 13, 2011 2:12pm
Quoting PhAnTi'
providing eu shorts.....lets see if it will be that simple next 2 weeks

Phanti.
EURUSD&USDCHF are not always in correlation.
Nothing personal,just business
  • #88,890
  • Feb 13, 2011 2:13pm Feb 13, 2011 2:13pm
Quoting PhAnTi'
true.
anyway lets see, usd index and swissy might kill the 3500 eurusd level.

wish u a nice week jarro !

thank you so much for your time,effort and charts :-]


PhanTi

I'm just expressing what the charts are telling me or what they are showing us.

We shall see this week . .maybe ..lol


Thanks Phanti.


Jim
Indicators show the past. Price Action "Indicates" the future.
  • #88,891
  • Feb 13, 2011 2:18pm Feb 13, 2011 2:18pm
Quoting fxgroup
EURUSD&USDCHF are not always in correlation.
no.
didnt say s.th different

Phanti
Hero calls followed by margin calls...
  • #88,892
  • Feb 13, 2011 2:30pm Feb 13, 2011 2:30pm
Quoting ghous
Hey Tom,

my thoughts are on the chart.



g.

Great chart g . . I like that 1.3300 on the Eur/Chf too for the reasons on your chart. . .now if price can get there . .
Indicators show the past. Price Action "Indicates" the future.
  • #88,893
  • Feb 13, 2011 3:27pm Feb 13, 2011 3:27pm
Quoting fxgroup
EURUSD&USDCHF are not always in correlation.
yes they are, by definition.
When you have to shoot, shoot. Dont talk.
  • #88,894
  • Feb 13, 2011 3:55pm Feb 13, 2011 3:55pm
Quoting jarroo
Was this the story behind your trade? . . .I'm just guessing.
Yes. My favorite setup
Many choose unhappiness over uncertainty.
  • #88,895
  • Feb 13, 2011 3:58pm Feb 13, 2011 3:58pm
Quoting joelcf
yes they are, by definition.
With " correlation" I mean these 2 pairs don't move always in opposite direction.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd1.gif Size: 37 KB
Click to Enlarge Name: usdchf1.gif Size: 38 KB
Click to Enlarge Name: eurusd2.gif Size: 40 KB
Click to Enlarge Name: usdchf2.gif Size: 40 KB
Nothing personal,just business
  • #88,896
  • Feb 13, 2011 4:02pm Feb 13, 2011 4:02pm
Quoting spookie94
Is it ill advised to place a trade right before the close on Friday?
this is why I don't think it's worth that risk
Attached Image (click to enlarge)
Click to Enlarge Name: a2.gif Size: 19 KB
  • #88,897
  • Feb 13, 2011 4:06pm Feb 13, 2011 4:06pm
I had been hoping to trade a breakout on this.
But Sunday night?

There's just not enough info
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 120 KB
  • #88,898
  • Feb 13, 2011 4:21pm Feb 13, 2011 4:21pm
Quoting Ifmyante
I had been hoping to trade a breakout on this.
But Sunday night?

There's just not enough info
sick...completey moves from gap away and even break through resistance....hahah

woooooooot
Hero calls followed by margin calls...
  • #88,899
  • Feb 13, 2011 4:29pm Feb 13, 2011 4:29pm
Quoting PhAnTi'
sick...completey moves from gap away and even break through resistance....hahah

woooooooot
Will it be the gap that doesn't close?
  • #88,900
  • Feb 13, 2011 4:51pm Feb 13, 2011 4:51pm
Quoting Pinbar
Working on single bar analysis as I think this may be the key to keeping it simple and gaining deeper insight into what the big guy is doing.

I thought I would post a short video so the seniors can see what I am up to and hopefully correct any errors.

Note, I am not even looking if these are good setups at a good location or not, I am taking them purely at face value and trying to work out the puzzle from the hints provided by price.

http://www.youtube.com/watch?v=9TZtqNuhKp4
Wow im gone for 2-3 weeks and you already started to make videos. You've come a loooong way since May 2010. You are becoming the next Jarroo. Keep up the good work.
42 traders viewing now, 1 is registered:
Gainfaciles