james16 Chart Thread | Page 4696 | 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

  • #93,901
  • Apr 17, 2011 1:41pm Apr 17, 2011 1:41pm
Quoting plund
Thoughts on eursek? Looks pretty good to me.

Attachment

Zoomed out.

Attachment
I'd say, this one is pretty good! )
http://www.forexfactory.com/attachme...1&d=1303065669
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.JPG Size: 67 KB
  • #93,902
  • Apr 17, 2011 3:10pm Apr 17, 2011 3:10pm
Thanks Mike,
Nice to be around and yeah it could be nice area to watch for nice PA.
But through my experience i've learn that 'being picky' is very important ingredient, so we'll see what to do about it.

As to the public forum's thread, I believe this is the best. So basically people here 're the best.

GL
-Zinger-

Quoting mbqb11
hey Zinger

Welcome to the thread glad to see you posting

I think your chart is great. it is certainly a nice area to watch. Pinbar is also watching into this area so he will smile to see this. Now it is a waiting game. Price is moving strong so this area may hold as support or if we break through an area to look to hold as resistance.

Keep posting
Mike
  • #93,903
  • Apr 17, 2011 4:52pm Apr 17, 2011 4:52pm
Nothing on the radar for me this week yet.

I am watching 0.9500 on AUDCHF for a short, need some PA to confirm it though, although I like the looks of it on weekly and daily currently.

one trade this month so far.
Many choose unhappiness over uncertainty.
  • #93,904
  • Apr 17, 2011 5:11pm Apr 17, 2011 5:11pm
I also want to note that 2011 is going to be my first calendar year of trading when the year is over, and currently I am in profit. I really have surprised myself.

I just realized this a few days ago, I guess I didn't see it happening... or.... something... lol

I'll update that status around fall time
Many choose unhappiness over uncertainty.
  • #93,905
  • Apr 17, 2011 6:22pm Apr 17, 2011 6:22pm
Quoting Dan Gilbert
I also want to note that 2011 is going to be my first calendar year of trading when the year is over, and currently I am in profit. I really have surprised myself....
I'll update that status around fall time
Congratulations Dan!
  • #93,906
  • Apr 17, 2011 6:26pm Apr 17, 2011 6:26pm
Quoting Dan Gilbert
I also want to note that 2011 is going to be my first calendar year of trading when the year is over, and currently I am in profit. I really have surprised myself.

I just realized this a few days ago, I guess I didn't see it happening... or.... something... lol

I'll update that status around fall time
Nice job Dan, thats good to hear. I enjoy your input and hopefully I'm in the same boat as you at year end, looks like I will be.

Poncho
" I can read the left side of the chart, the right side's a Bitch!
  • #93,907
  • Apr 17, 2011 6:46pm Apr 17, 2011 6:46pm
Hi Guys, what do you think about this chart? this is what im thinking/seeing. I've drawn a few lines on here, (begginner-vision-TM) lol. Pro's please share your thoughts and thanks in advance for your expertise and patience as always :-) -

Would you consider this a neutral bar or a pin? I noticed the high is near previous high last September/confirms resistance.
The low is .87926..near a round number and 23.6 fibo area.

Assuming it is a pinbar and price did increase i'd let price break the high of the pin and close above, and enter long on the next bar that confirms support.
If price drops below the low of the pin i'd enter short with a target above the 38 fibo line.

Many Thanks
Atemi


PS Dan Gilbert ...love the avatar." And my straw reaches acroooooooss the room, and starts to drink your milkshake... I... drink... your... milkshake!"...i think thats a nice analogy for being a good trader and stealing some of the markets milkshake with your Forex straw?
Attached Image (click to enlarge)
Click to Enlarge Name: 2710441 MetaTrader - Alpari UK - Demo Account - [EURGBP,Weekly]_2011-04-18_00-04-35.jpg Size: 82 KB
  • #93,908
  • Apr 17, 2011 6:49pm Apr 17, 2011 6:49pm
Quoting atemiwaza
Hi Guys, what do you think about this chart? this is what im thinking/seeing. I've drawn a few lines on here, (begginner-vision-TM) lol. Pro's...
Hey Atemi

Yep that is a pinbar, but just a very weak close in my view

here was my post on this pair

http://www.forexfactory.com/showthre...25#post4549625

Best
Mike
  • #93,909
  • Apr 17, 2011 7:29pm Apr 17, 2011 7:29pm
Hi Mike, thanks for that I must've missed thatpost...I 've jsut by chance found your video in the j16 guest area on spotting pinbars...the attached to me looks quite similar to the example you used in the vid, what with the ranging box just before the trend...

Is the bar I circled a better pin? and the ranging box how you would have looked at it?

EDIT- I jsut notice the BUOB jsut before the box too.

Thanks again
Atemi.
Attached Image (click to enlarge)
Click to Enlarge Name: 2710441 MetaTrader - Alpari UK - Demo Account - [EURGBP,Weekly]_2011-04-18_00-04-35.jpg Size: 90 KB
  • #93,910
  • Apr 17, 2011 7:48pm Apr 17, 2011 7:48pm
Quoting atemiwaza
Hi Mike, thanks for that I must've missed thatpost...I 've jsut by chance found your video in the j16 guest area on spotting pinbars...the attached to me looks quite similar to the example you used in the vid, what with the ranging box just before the trend...

Is the bar I circled a better pin? and the ranging box how you would have looked at it?

EDIT- I jsut notice the BUOB jsut before the box too.

Thanks again
Atemi.
Hey Atemi

Yep that is a much better looking pinbar. Very strong close and nice size bar.

Then we have to just observe the very clear areas in this case for potential trouble.

Not sure what you mean about the ranging box, you said it is a nice box right on the BRN of 8500

Best
Mike
Attached Image (click to enlarge)
Click to Enlarge Name: a2.gif Size: 34 KB
  • #93,911
  • Apr 17, 2011 9:06pm Apr 17, 2011 9:06pm
Got my eye on GBP/JPY.

Looks like it could be very interesting.
Two monthly Pinbars fighting it out also.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: w.jpg Size: 176 KB
Click to Enlarge Name: d.jpg Size: 130 KB
  • #93,912
  • Edited 10:19pm Apr 17, 2011 9:18pm | Edited 10:19pm
AUD/NZD looking promising on the daily.

Too bad this H4 BUEOB did not close above the 1.33000 level, it would have been nice to see have a better close.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: d.jpg Size: 123 KB
Click to Enlarge Name: h4.jpg Size: 120 KB
  • #93,913
  • Apr 18, 2011 12:33am Apr 18, 2011 12:33am
Are you still in that usdnok trade Mike?

Attached Image (click to enlarge)
Click to Enlarge Name: usdnok.gif Size: 26 KB


pat
  • #93,914
  • Apr 18, 2011 12:49am Apr 18, 2011 12:49am
I am sitting here thinking about this AUD/NZD pair and recalling what I have seen the big guy do so many times.

That is draw a fibo from the last high to this low and project the possible FTA. Looks like the bar lows at 1.33500 is the FTA.
Let's see if this daily bar can close above the 38.2 at 1.3300.
Attached Image (click to enlarge)
Click to Enlarge Name: d.jpg Size: 117 KB
  • #93,915
  • Apr 18, 2011 12:54am Apr 18, 2011 12:54am
AUDUSD uptrend is losing momentum (daily bars getting smaller).
Now waiting for bearish PA.
We have a nice IPB on the weekly chart and massive options expiry on Wednesday 20th @ 1.0335.
Have a profitable trading week my friends.
Attached Image
  • #93,916
  • Apr 18, 2011 1:01am Apr 18, 2011 1:01am
Quoting jarroo
You better look up tramp stamp location . .lol (lower back)



Nice chart Pb . .That HCR is at a PPZ level to be specific. Price has sure come down hard last week. . .But it still closed above the PPZ level . .still acting as Support. Strong Bullish PA is on the watch list at this level.

Any Daily Close below this level possible Support to Resistance transformation.




Jim

Thanks Jim & How was your second week?

Made 1000 posts yet? LOL

Lower back! How totally polite you are. LOL

You set the cogs in my head in motion, I am just oiling them.
  • #93,917
  • Apr 18, 2011 1:03am Apr 18, 2011 1:03am
enjoy!!! Bearish PA
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd.gif18042011.gif Size: 29 KB
  • #93,918
  • Apr 18, 2011 1:03am Apr 18, 2011 1:03am
Quoting Pinbar
Thanks Jim & How was your second week?

Made 1000 posts yet? LOL

Lower back! How totally polite you are. LOL

You set the cogs in my head in motion, I am just oiling them.

Hey Steve . .How's China treating you?

Second week went well. . . .not a 1000 posts yet . . lol
Indicators show the past. Price Action "Indicates" the future.
  • #93,919
  • Apr 18, 2011 1:24am Apr 18, 2011 1:24am
Quoting jarroo
Hey Steve . .How's China treating you?

Second week went well. . . .not a 1000 posts yet . . lol
Glad to hear everything is going well and no doubt you are having a lot of fun. China is going well, apart from the internet being so slow and the censorship. Thanks for asking. I like Harbin as the architecture has a distinct Russian flavor with many old and interesting buildings. Unlike Japan where everything is sanitized and one building pretty much looks like another. I would always be totally directionless in Japan but having interesting landmarks in Harbin, makes life much easier. Exotic spices are abundant with the numerous ethnic groups here and the food is excellent. learning Chinese is fun and keeping me busy.



Not going to church or anything...LoL

I just like that old cathedral.
Attached Images
  • #93,920
  • Apr 18, 2011 1:27am Apr 18, 2011 1:27am
Quoting Pinbar
Glad to hear everything is going well and no doubt you are having a lot of fun. China is going well, apart from the internet being so slow and the censorship. Thanks for asking. I like Harbin as the architecture has a distinct Russian flavor with many old and interesting buildings. Unlike Japan where everything is sanitized and one building pretty much looks like another. I would always be totally directionless in Japan but having interesting landmarks in Harbin, makes life much easier. Exotic spices are abundant with the numerous ethnic groups...

Wow .. looks pretty cool.
Indicators show the past. Price Action "Indicates" the future.
44 traders viewing now