james16 Chart Thread | Page 4666 | 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

  • #93,301
  • Apr 8, 2011 4:06pm Apr 8, 2011 4:06pm
Only thing i see on weekly..CB 1.49..consistently following the TL...
happend at Ret..i like it..js hav a silky doubt of it being at lower swing high..but story looks good..
oh..wait..i would superlike wat JAMES16 has to say about this..didn't had much of word with him!
i also hav posted a daily chart jus incase u hav ur thoughts rolling looking at daily!
Healthy-Wealthy Pips to u James! Good Trading!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gc6.gif Size: 18 KB
Click to Enlarge Name: gc7.gif Size: 19 KB
  • #93,302
  • Apr 8, 2011 4:07pm Apr 8, 2011 4:07pm
Quoting Pumlitch
I took the short trade at 0.91445 and SL 30pips was hit then.
I did not take in consideration that EU, GU and AU are quite high so if they will fall slightly, UC will not go down probably. Made a note.
Friday afternoon = I am done.
Nice weekend to all.
jarda
Hmmm, my TP 0,90640 finally hit. Pitty I was already out....as usually.
Follow my trading on Twitter and FB: @pumlitch
  • #93,303
  • Apr 8, 2011 5:57pm Apr 8, 2011 5:57pm
Quoting AvanishDemo
Only thing i see on weekly..CB 1.49..consistently following the TL...
happend at Ret..i like it..js hav a silky doubt of it being at lower swing high..but story looks good..
oh..wait..i would superlike wat JAMES16 has to say about this..didn't had much of word with him!
i also hav posted a daily chart jus incase u hav ur thoughts rolling looking at daily!
Healthy-Wealthy Pips to u James! Good Trading!
just my thoughts for you bud

Best
Mike
Attached Image (click to enlarge)
Click to Enlarge Name: a.gif Size: 36 KB
  • #93,304
  • Apr 8, 2011 7:46pm Apr 8, 2011 7:46pm
Quoting Be Cool
Thanks for explaining, Jim
But i didn't take it - FTA was very near like you said. To be truth, i haven't taken any trade in weeks. I'm still kinda confused- once i found a tradeable setup at strong PPZ/SuppRes/Weekly HCR/LCS, often i found that there are many other levels nearby (Daily HCR/LCS, Weekly HCR/LCS ) at swing highs/lows -i feel like there is very little room left to trade
I'm a slow learner, Jim - I hope you won't mind helping me to understand.
Thank you

Yeah I see what you mean Be Cool. But you can be more selective with your levels and how the PA is formed . .but if its not there, its not there. Its all part of being a picky trader.

Wow that 1.3700 PPZ was sure strong . .look at all those Closes in green. Price just couldn't close below it. . .Now that's what I call a strong Support level.
Attached Image (click to enlarge)
Click to Enlarge Name: eurcad09.jpg Size: 96 KB
Indicators show the past. Price Action "Indicates" the future.
  • #93,305
  • Apr 8, 2011 8:00pm Apr 8, 2011 8:00pm
Quoting zoli
Hi

I think it could be a similar gameplan on EURJPY. The rest of the JPY pairs are also good looking.
I hope I see it right.

Charts:
I've heard the Gbp/Jpy called the "Beast" . .which I like . .its only a Beast when its working against you . .


I like your use of BRNs .. .
Indicators show the past. Price Action "Indicates" the future.
  • #93,306
  • Apr 8, 2011 8:04pm Apr 8, 2011 8:04pm
Quoting jarroo
Yeah I see what you mean Be Cool. But you can be more selective with your levels and how the PA is formed . .but if its not there, its not there. Its all part of being a picky trader.

Wow that 1.3700 PPZ was sure strong . .look at all those Closes in green. Price just couldn't close below it. . .Now that's what I call a strong Support level.
Thanks Jim -also for the PM I know youre extremely busy these days.Really appreciate it Bud Hows the PF going for you?
  • #93,307
  • Apr 8, 2011 8:09pm Apr 8, 2011 8:09pm
Quoting Be Cool
Thanks Jim -also for the PM I know youre extremely busy these days.Really appreciate it Bud Hows the PF going for you?
No problem Be Cool . .

The PF is going really good. . just a great bunch of people there.

James16, Mike and others have been very supportive.

All in all its been a great first week.

But I'm just getting started . .there's alot more to come . .


Jim
Indicators show the past. Price Action "Indicates" the future.
  • #93,308
  • Apr 8, 2011 8:44pm Apr 8, 2011 8:44pm
Quoting rackem89
Pinbar, nice chart.

I'm actually looking to go short on GBPCHF...this is my rationale:




Do...

Not sure what the 1.51100 you mentioned has to do with the current situation. The 1.52000 is the resistance area this bar came off and the close is below the 1.5000.
As Mike pointed out, the FTA is close but, it has about 70 pips of space.
This is not a bar, I would sit and watch it move 50 pips and leave my SL above the bar. This is where J16s WIPG comes in.
Hope this helps
Attached Image (click to enlarge)
Click to Enlarge Name: w.jpg Size: 113 KB
  • #93,309
  • Apr 8, 2011 8:45pm Apr 8, 2011 8:45pm
Hey Ghous

Looks like this Monthly IPB on the S&P 500 is stuck in the middle of this PPZone.

Still watching . . .
Attached Image (click to enlarge)
Click to Enlarge Name: sp50009.jpg Size: 79 KB
Indicators show the past. Price Action "Indicates" the future.
  • #93,310
  • Apr 8, 2011 8:56pm Apr 8, 2011 8:56pm
Glad to hear you had a good first week Jarroo.

You probably need a beer and a good rest.
  • #93,311
  • Apr 8, 2011 8:59pm Apr 8, 2011 8:59pm
Quoting Pinbar
Glad to hear you had a good first week Jarroo.

You probably need a beer and a good rest.
His first beer(s) on me
  • #93,312
  • Apr 8, 2011 9:04pm Apr 8, 2011 9:04pm
Quoting Pinbar
Glad to hear you had a good first week Jarroo.

You probably need a beer and a good rest.
Its been a busy week for sure . .the good kind of busy .

A beer sounds good . .
Indicators show the past. Price Action "Indicates" the future.
  • #93,313
  • Apr 8, 2011 9:05pm Apr 8, 2011 9:05pm
Quoting mbqb11
His first beer(s) on me

lol . .thanks Mike.
Indicators show the past. Price Action "Indicates" the future.
  • #93,314
  • Apr 8, 2011 9:20pm Apr 8, 2011 9:20pm
Quoting jarroo
Hey Ghous

Looks like this Monthly IPB on the S&P 500 is stuck in the middle of this PPZone.

Still watching . . .
W also know that if it can break this area we can then expect it to hold as resistance and price should continue to move down.

Eagerly watching too...



g.
I believe . . .
  • #93,315
  • Apr 8, 2011 9:27pm Apr 8, 2011 9:27pm
Quoting mbqb11
His first beer(s) on me
Seconds on me...we know Jarroo likes HCR, what about PBR?

Cheers to all.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG00126-20110321-2007.jpg Size: 96 KB
  • #93,316
  • Apr 8, 2011 9:29pm Apr 8, 2011 9:29pm
Quoting ghous
W also know that if it can break this area we can then expect it to hold as resistance and price should continue to move down.

Eagerly watching too...



g.

I agree g . .that break above was pretty weak. The IPB should show us the way . .
Indicators show the past. Price Action "Indicates" the future.
  • #93,317
  • Apr 8, 2011 9:35pm Apr 8, 2011 9:35pm
Quoting Donkey
Seconds on me...we know Jarroo likes HCR, what about PBR?

Cheers to all.
lol good one D .. . Pabst , I haven't seen one of them in a long time.
Indicators show the past. Price Action "Indicates" the future.
  • #93,318
  • Apr 8, 2011 9:42pm Apr 8, 2011 9:42pm
Quoting Donkey
Seconds on me...we know Jarroo likes HCR, what about PBR?

Cheers to all.
aaaaaah, thats college all over again, pbr is nasty lol(but cheap and plentiful)

I am a magic hat #9 guy(brewed in my college town) drinking one now taking it easy

then again I'll drink anything when it comes down to it LOL
Attached Image (click to enlarge)
Click to Enlarge Name: photo(9).jpg Size: 154 KB
  • #93,319
  • Apr 8, 2011 9:47pm Apr 8, 2011 9:47pm
Quoting mbqb11
aaaaaah, thats college all over again, pbr is nasty lol(but cheap and plentiful)

I am a magic hat #9 guy(brewed in my college town) drinking one now taking it easy

then again I'll drink anything when it comes down to it LOL

What is that .. bootleg beer or micro brew? . .
Indicators show the past. Price Action "Indicates" the future.
  • #93,320
  • Apr 8, 2011 9:49pm Apr 8, 2011 9:49pm
Quoting jarroo
What is that .. bootleg beer or micro brew? . .
micro, it's not quite a pale ale, says it on the bottle, but it's the truth. I like pale ales

87 traders viewing now