james16 Chart Thread | Page 4839 | 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

  • #96,761
  • Jun 16, 2011 7:42am Jun 16, 2011 7:42am
Hey Supremo

Having a good week? This has been a good week for J16 ers has it not?
Hope you are doing well this week!

Kal
  • #96,762
  • Jun 16, 2011 7:55am Jun 16, 2011 7:55am
Quoting Kalbar
Having a good week? This has been a good week for J16 ers has it not?
Hope you are doing well this week!
hello Sir Kal,
i think not as good as yours & the others here
yes, plenty of trades posted here as we are having nice movements on many pairs.
hope the volatility continues till year-end
  • #96,763
  • Jun 16, 2011 7:55am Jun 16, 2011 7:55am
Quoting hipcio
This is how I skin this cat, for me just enough

three pips at the top and about 8 at the bottom left for now
even if it continues down good for today,


Peter

100% agree


truth to be said, the pin on H1 was meager, but I also liked the location.
  • #96,764
  • Jun 16, 2011 7:59am Jun 16, 2011 7:59am
Quoting supremeChaos
hello Sir Kal,
i think not as good as yours & the others here
yes, plenty of trades posted here as we are having nice movements on many pairs.
hope the volatility continues till year-end
Hey Supremo

Don't be so modest - you are probably the master trader here but too humble to tell us! Keep up the good work and keep the wise posts coming to keep us juniors in check! (not forgetting the entertainment too)!

Kal
  • #96,765
  • Jun 16, 2011 8:08am Jun 16, 2011 8:08am
Quoting supremeChaos
precisely why post #1 will help
feb,march,april and may all positive. first two only demo, others live....
i`m on wacation now,so have more time to watch charts...and trying on lower TF
anyway,thanks for help
  • #96,766
  • Jun 16, 2011 8:10am Jun 16, 2011 8:10am
Quoting Kalbar
Don't be so... (not forgetting the entertainment too)!
lol
thanks, but im still relatively new... still commit lots of mistakes


just ask Trichet
Attached Image


Quoting pex
..
i`m on vacation now,so have more time to watch charts...
lucky guy!!
  • #96,767
  • Jun 16, 2011 8:15am Jun 16, 2011 8:15am
Quoting supremeChaos
lol
thanks, but im still relatively new... still commit lots of mistakes


just ask Trichet
Attachment


lucky guy!!
wouldn't want his job for all the money in the world...
  • #96,768
  • Jun 16, 2011 8:19am Jun 16, 2011 8:19am
Quoting g_j_hook@yah
or maybe not...

i just post my views, who knows where price will go...??
also if we look at the chart D1 this is a small drop compared to what it can do.


cheers

jon

EDIT: we did get a bounce of about 38 pips though....
In the end price missed my Buy limit by 2 pips before shooting up 50 pips. Entering that move now is a lot riskier imo then entering just at the support. Ofcourse order must be hit first :/ ....... Didnt expect 0.8000 to bust at the first test from downside.
  • #96,769
  • Edited 8:45am Jun 16, 2011 8:28am | Edited 8:45am
Quoting Greenhaze
In the end price missed my Buy limit by 2 pips before shooting up 50 pips. Entering that move now is a lot riskier imo then entering just at the support. Ofcourse order must be hit first :/ ....... Didnt expect 0.8000 to bust at the first test from downside.

also withdrew the bid at 0.797 and moved at be. I also think that if it reverses now, it's much more probable to dip.


Quoting Greenhaze
Buyers prove their existance at that level but something tells me we might get another leg to the downside. Buying next LL might be the play
Cheers!
yeah, it seems to be life there

on the other hand, time is not on my side.
  • #96,770
  • Jun 16, 2011 8:37am Jun 16, 2011 8:37am
Quoting snowly
also withdrew the bid at 0.797 and moved at be. I also think that if it reverses now, it's much more probable to dip.
Buyers prove their existance at that level but something tells me we might get another leg to the downside. Buying next LL might be the play
Cheers!
  • #96,771
  • Jun 16, 2011 9:32am Jun 16, 2011 9:32am
Quoting Greenhaze
In the end price missed my Buy limit by 2 pips before shooting up 50 pips. Entering that move now is a lot riskier imo then entering just at the support. Ofcourse order must be hit first :/ ....... Didnt expect 0.8000 to bust at the first test from downside.
unlucky mate, i hate that!, still your a braver man than me! lol, i would have also expected some reaction from .8000 on its way up, looks like the stronger level was the .7970ish as we said. have to admit though i would still rather be the one takin profits there than buying. lets see how it goes from here...if we get a retrace back up to .8070-.8100 level ill be looking for some bearish PA...maybe it will be my orders you but into next time..?? lol
gotta watch the retrace on my eu and gb trades also...??

cheers

jon
PATIENCE... DISCIPLINE
  • #96,772
  • Jun 16, 2011 9:47am Jun 16, 2011 9:47am
Quoting james16
this is proof mike was raised right but he took a shot of whiskey right after he posted that.

lololol
  • #96,773
  • Jun 16, 2011 9:48am Jun 16, 2011 9:48am
Here is one we were watching and will continue to watch on a retest
Attached Image (click to enlarge)
Click to Enlarge Name: a3.gif Size: 31 KB
  • #96,774
  • Jun 16, 2011 9:50am Jun 16, 2011 9:50am
Good afternoon.
Just spotted this and wanted to put up for some thoughts.
Like the location, 365 ema, brn, good ppz? not long till bar close would be nice to see a BUOB. Looking forward to any ones comments.

Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd.jpg Size: 111 KB
Free speech is an oxymoron
  • #96,775
  • Jun 16, 2011 9:55am Jun 16, 2011 9:55am
Quoting mbqb11
Here is one we were watching and will continue to watch on a retest
thanks for pointing out, one for the list

Hero calls followed by margin calls...
  • #96,776
  • Jun 16, 2011 10:02am Jun 16, 2011 10:02am
Quoting mbqb11
Here is one we were watching and will continue to watch on a retest
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.jpg Size: 161 KB


similar one
Hero calls followed by margin calls...
  • #96,777
  • Jun 16, 2011 10:14am Jun 16, 2011 10:14am
The EUR pairs were rocked across the board yesterday I assume on concerns from Greece. These inside bar and double inside bar patterns appear to be temp "consolidation" before continuation in the market. Does this constitute a "high prob" setup in your opinion. Do you watch for these during rallies or "news" events?

In hindsight, it was a big move and i'm sure made some traders very happy! I see these trades in my future.....
Attached Image (click to enlarge)
Click to Enlarge Name: 06162011_EURJPY_4HR.jpg Size: 94 KB
  • #96,778
  • Jun 16, 2011 10:23am Jun 16, 2011 10:23am
Quoting Banzaisky
Good afternoon.
Just spotted this and wanted to put up for some thoughts.
Like the location, 365 ema, brn, good ppz? not long till bar close would be nice to see a BUOB. Looking forward to any ones comments.

Attachment
Failure to close above the .8030 level is a concern. A strong break of that and you've got a bit space to the next TA but it would definitely be one to keep a close eye on.
  • #96,779
  • Jun 16, 2011 10:32am Jun 16, 2011 10:32am
Quoting mrhb30jr
hi mbqb11,

Need your advise on GU
is the old support valid turn be the resistance
just check to the weekly chart still have the room to continue moving down...


Thanks & Rgds, ..

Quoting mbqb11
Hey MRH

Yep it certainly could as well as the 1.63 above it is a strong zone too. Problem with gbp/usd is just how choppy it has been. I could see us testing 1.6100 now though

Best
Mike

Mike talks about those deep Swing Highs and Lows all the time.

They can be a great transitional point from Support to Resistance (and Vice versa).
Attached Image (click to enlarge)
Click to Enlarge Name: gu15.jpg Size: 93 KB
Indicators show the past. Price Action "Indicates" the future.
  • #96,780
  • Jun 16, 2011 10:39am Jun 16, 2011 10:39am
audjpy

84.30 is a level i pay attention to, we got a heavy demand and an additional descending TL there.

daily trend down, anyway looking for a long if PA reaches there, good for a high r:r trade imo

Attached Image (click to enlarge)
Click to Enlarge Name: audjpyd.jpg Size: 152 KB


Attached Image (click to enlarge)
Click to Enlarge Name: audjpydh4.jpg Size: 163 KB


otherwise if break ill sell the retest. very significant level here.
Hero calls followed by margin calls...
71 traders viewing now