james16 Chart Thread | Page 4603 | 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

  • #92,041
  • Mar 22, 2011 7:11am Mar 22, 2011 7:11am
Just thought id post this cool video i found on youttube giving android trading solutions for your phone. Its a review of various brokers etc..
Inserted Video
  • #92,042
  • Mar 22, 2011 8:28am Mar 22, 2011 8:28am
Here is a trade I'm in. 4 h beob broke trendline and closed below round number.


Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp 4 h beob.gif Size: 27 KB


pat
  • #92,043
  • Mar 22, 2011 9:13am Mar 22, 2011 9:13am
Quoting plund
Here is a trade I'm in. 4 h beob broke trendline and closed below round number.


Attachment

pat
Nice Pat, got nice divergence and price turning over there. The close below the RD number with the BEOB just tipped it off

Best
Mike
  • #92,044
  • Mar 22, 2011 10:16am Mar 22, 2011 10:16am
Quoting mbqb11
Nice Pat, got nice divergence and price turning over there. The close below the RD number with the BEOB just tipped it off

Best
Mike
Thanks Mike!
  • #92,045
  • Edited 12:17pm Mar 22, 2011 12:06pm | Edited 12:17pm
What about that box ? it looks beter on weekly ... price was stuck in it for weeks...
Would be smart to watch if it acts as suport ?

tough i just mention it beacuse of Plund short ...
Attached Image (click to enlarge)
Click to Enlarge Name: eurgpb.gif Size: 22 KB
  • #92,046
  • Mar 22, 2011 12:24pm Mar 22, 2011 12:24pm
Dammm this was souch a nice signal , multiple lows at BRN 1.6 , botom of the box and strong BUOB ...
Idk what i was watching at the time that i didnt see what i see nou lol
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 16 KB
  • #92,047
  • Mar 22, 2011 12:38pm Mar 22, 2011 12:38pm
Quoting jarroo
1. HCR/LCS can be at a PPZ level or just outside the PPZ level . . .remember PPZ levels are drawn where Highs and Lows meet.

2. Yes we look at the HCR/LCS as additional confluence or just more information about the PPZ level (and Consolidation areas, Swing Highs/lows).

3. Yes, a Close above or below a PPZ level and a HCR/LCS can only add to its strength of its Close.
Thanks Jim I think i got it ..
  • #92,048
  • Mar 22, 2011 2:04pm Mar 22, 2011 2:04pm
Quoting FxPrelude
Dammm this was souch a nice signal , multiple lows at BRN 1.6 , botom of the box and strong BUOB ...
Idk what i was watching at the time that i didnt see what i see nou lol

Dont fool yourself into that way of thinking. Another time you will see bar like that fail and you will thank yourself you didnt take it. You had good reasons to skip it. There will be another one , better.
  • #92,049
  • Mar 22, 2011 2:07pm Mar 22, 2011 2:07pm
chf/sgd at a retest of the channel.
let's wait for some decent price action here to show us the direction.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cs2.gif Size: 28 KB
Click to Enlarge Name: cs3.gif Size: 21 KB
meine augen sind die sterne
  • #92,050
  • Mar 22, 2011 2:36pm Mar 22, 2011 2:36pm
ng at ppz. 50% fib, s/r-zone.
Attached Image (click to enlarge)
Click to Enlarge Name: ng.gif Size: 21 KB
meine augen sind die sterne
  • #92,051
  • Mar 22, 2011 2:46pm Mar 22, 2011 2:46pm
a nice clean swing point to watch for Price action either way
Attached Image (click to enlarge)
Click to Enlarge Name: a.gif Size: 28 KB
  • #92,052
  • Mar 22, 2011 3:28pm Mar 22, 2011 3:28pm
Quoting jarroo
Looks good poncho . . .

These are always great to watch. My close is different on my feed but the story is the same.

The 2.1150 was a good one too.
Thanks for all your help Jarro!

Poncho
" I can read the left side of the chart, the right side's a Bitch!
  • #92,053
  • Mar 22, 2011 3:47pm Mar 22, 2011 3:47pm
Quoting FxPrelude
What about that box ? it looks beter on weekly ... price was stuck in it for weeks...
Would be smart to watch if it acts as suport ?

tough i just mention it beacuse of Plund short ...
Thanks for your commment Fxprelude. I am aware of those highs, just need to manage it accordingly.

pat
  • #92,054
  • Mar 22, 2011 5:49pm Mar 22, 2011 5:49pm
Quoting mbqb11
a nice clean swing point to watch for Price action either way
I'm in on a LT trade - I entered on the first break of the 1.42, which now seems to be acting as support, although with low volume. I see the FTA to be the 1.40 area, looking somewhat optimistically at 1.38 area.


Zooming out to weekly if the support holds and it continues upward, I will look at going long up to about 1.45/1.46.

Perhaps a little anticipatory, but stop is tight and r/r is good for my style of trading.

X.

Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 22 KB


Attached Image (click to enlarge)
Click to Enlarge Name: eu2.gif Size: 27 KB
Return on Equity: 2017, 32.4%; 2018; 8.0%, 2019 (30Apr), 4.5%
  • #92,055
  • Mar 22, 2011 6:09pm Mar 22, 2011 6:09pm
Hi all,

Im new to forex and this forum, actually started a few months back than a brack and now back again. just hit this forum few days ago. i really love it and learning all the time.

Just wanted to bring some input to the table. i have placed my sell stop below yesterdays candle of EURGBP. Price has bounced back from descending tred line and broke through 0.8700 through a strong bearish candle.

any comments and positive critisim is requested.

Khurram........
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp.gif Size: 21 KB
.
  • #92,056
  • Mar 22, 2011 6:18pm Mar 22, 2011 6:18pm
Hi,

Rather new to divergence, which I admit I don't usually look at. Is the below the right way to look at it (pink line)
X.

Attached Image (click to enlarge)
Click to Enlarge Name: eu2d.gif Size: 23 KB
Return on Equity: 2017, 32.4%; 2018; 8.0%, 2019 (30Apr), 4.5%
  • #92,057
  • Mar 22, 2011 6:36pm Mar 22, 2011 6:36pm
Quoting Xeniz
Hi,

Rather new to divergence, which I admit I don't usually look at. Is the below the right way to look at it (pink line)
X.

Attachment
Hey X

You are close we want to use the top of price. But there is divergence there

Best
Mike
Attached Image (click to enlarge)
Click to Enlarge Name: a.gif Size: 37 KB
  • #92,058
  • Mar 22, 2011 6:37pm Mar 22, 2011 6:37pm
Quoting Khurr@m
Hi all,

Im new to forex and this forum, actually started a few months back than a brack and now back again. just hit this forum few days ago. i really love it and learning all the time.

Just wanted to bring some input to the table. i have placed my sell stop below yesterdays candle of EURGBP. Price has bounced back from descending tred line and broke through 0.8700 through a strong bearish candle.

any comments and positive critisim is requested.

Khurram........
Hey Khurram

Welcome back

My question would be what is the candle you are selling. If we had more info like a pinbar, or a BEOB(bearish outside bar) it would give us more of an idea of your confluenced level.

Let me know if you need examples of what either of the above are

Best
Mike
  • #92,059
  • Mar 22, 2011 6:53pm Mar 22, 2011 6:53pm
Quoting jarroo
Looks like its still holding as Support Dan-FX.

Still holding as Support and it looks like another consolidation box developing . . .just like what Mike talks about alllll the time . .
Attached Image (click to enlarge)
Click to Enlarge Name: hgh23.jpg Size: 107 KB
Indicators show the past. Price Action "Indicates" the future.
  • #92,060
  • Mar 22, 2011 7:24pm Mar 22, 2011 7:24pm
Looking at this Dale Double on the Daily Usd/Jpy. Dale Doubles are Double Inside Bars. Its a compression type setup (which most Inside Bars are) but this is times 2.

He mainly looks for them on the 4 Hour time frame. . . search out Dale's posts on these setups. . . they have been pretty predicable as a low risk, strong breakout setup. . .
Attached Image (click to enlarge)
Click to Enlarge Name: ujdd.jpg Size: 98 KB
Indicators show the past. Price Action "Indicates" the future.
51 traders viewing now