james16 Chart Thread | Page 4981 | 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

  • #99,601
  • Aug 1, 2011 8:55am Aug 1, 2011 8:55am
Quoting Atom
What is you target?
1.4340 my tp1
1.4300 my tp2
1.4250 my tp3

tp1 achieved so far.
  • #99,602
  • Aug 1, 2011 8:58am Aug 1, 2011 8:58am
Quoting Adilius07
I think it was very nice!
I missed it.
your analysis is excellant brother.
  • #99,603
  • Aug 1, 2011 9:10am Aug 1, 2011 9:10am
i sold EURAUD on H4 pinbar, just hit my TP1
  • #99,604
  • Aug 1, 2011 9:16am Aug 1, 2011 9:16am
  •  Atom
  • | Joined Jul 2010 | Status: An atom..no more..probably less! | 44 Posts
Quoting featurelion
1.4340 my tp1
1.4300 my tp2
1.4250 my tp3

tp1 achieved so far.
You mean tp1 and tp2 achieved
congratulations!
  • #99,605
  • Aug 1, 2011 9:17am Aug 1, 2011 9:17am
Quoting deankenny21
i sold EURAUD on H4 pinbar, just hit my TP1
nearly my tp3 hit
  • #99,606
  • Aug 1, 2011 9:20am Aug 1, 2011 9:20am
Price @ strong resistence,SL bellow the daily consolidation.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 28 KB
Nothing personal,just business
  • #99,607
  • Aug 1, 2011 9:21am Aug 1, 2011 9:21am
  •  Atom
  • | Joined Jul 2010 | Status: An atom..no more..probably less! | 44 Posts
What a candle....if it closes this way!!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.gif Size: 21 KB
  • #99,608
  • Aug 1, 2011 9:22am Aug 1, 2011 9:22am
Quoting Atom
You mean tp1 and tp2 achieved
congratulations!
THANKS BRO
  • #99,609
  • Aug 1, 2011 9:22am Aug 1, 2011 9:22am
Quoting Fx4real
Pls JIM, Mike or anyone, Is there anyway i can place two pending orders with different tp and sl? cos whenever i modify one of my pending order's tp or sl, thesame tp & sl reflects to my other pending order. Pls need ur help!

Sorry fx4 I don't trade using an MT4 platform so I am not positive on this.

I am sure someone here can help though

Best
Mike
  • #99,610
  • Aug 1, 2011 9:26am Aug 1, 2011 9:26am
Quoting featurelion
hi guys
i do this trade because it closes below the RN and formed at resistance level. .
Welcome aboard

I think we are still on a downtrend, but with heavy resistance at 1.4230.
I'm already +120 pips, so I moved my SL to BE+50, and I'll give it a free run

PS: I still suck on TP and trade management, but I'm getting better and better. Any tips are appreciated. I trade 0.01 lot (it's better than demo!), so I can't reduce my position.

I'd like to underline the trade management and money management issue - it's sometimes more important than entries!! I think about 80% of my entries are perfect, but then I sometimes lost the trade, because of bad MM/TM! Be advised and good luck! Money is there (lots of it)!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd h4 pin.gif Size: 19 KB
  • #99,611
  • Aug 1, 2011 9:55am Aug 1, 2011 9:55am
Sorry guys, this is a really noob question... but when daily bars will close? I mean, at what time?
  • #99,612
  • Aug 1, 2011 10:01am Aug 1, 2011 10:01am
Quoting AQs
Sorry guys, this is a really noob question... but when daily bars will close? I mean, at what time?
Depends on broker,differents brokers have different close/open hours!
Nothing personal,just business
  • #99,613
  • Aug 1, 2011 10:04am Aug 1, 2011 10:04am
Quoting fxgroup
Depends on broker,differents brokers have different close/open hours!
ty how can I find out so?
  • #99,614
  • Aug 1, 2011 10:11am Aug 1, 2011 10:11am
Just read about the pinbars an how to play them.
I tried to find them out on the charts... I started today so will see how it goes.
I will "trade" only daily charts ant try to be ultra picky

What about this pinbar? To me look good...
The price isn't raising so my question is, if you would trade this pb, when do you close it?
Attached Image (click to enlarge)
Click to Enlarge Name: 1st pb.jpg Size: 66 KB
  • #99,615
  • Aug 1, 2011 10:16am Aug 1, 2011 10:16am
Quoting AQs
Just read about the pinbars an how to play them.
I tried to find them out on the charts... I started today so will see how it goes.
I will "trade" only daily charts ant try to be ultra picky

What about this pinbar? To me look good...
The price isn't raising so my question is, if you would trade this pb, when do you close it?
hi and welcome, if i took that pinbar, which i wouldve because there is nice space to FTA. See the swing low to the left, that would be what i would be aiming for first of all before anything else, i would get there take profits and move sl to be on remainder of position, as u can see price did reach that swing low just nicely, and reversed to go back down, so this would have been a profitbale trade for me, hope this makes sense.
  • #99,616
  • Aug 1, 2011 10:19am Aug 1, 2011 10:19am
I closed AUD/NZD at BE + 5 and bought AUD/JPY instead as news has pushed it down to 84.00 which is on my radar for this week. Hoping (sorry for swearing) to be at BE + a few before AUD news this week
Anything can happen.
  • #99,617
  • Aug 1, 2011 10:24am Aug 1, 2011 10:24am
Quoting deankenny21
hi and welcome, if i took that pinbar, which i wouldve because there is nice space to FTA. See the swing low to the left, that would be what i would be aiming for first of all before anything else, i would get there take profits and move sl to be on remainder of position, as u can see price did reach that swing low just nicely, and reversed to go back down, so this would have been a profitbale trade for me, hope this makes sense.
Hey, ty for the welcome and for the reply...
I understand well that you would split the trade into 2 parts, on the first one you lock some profit, on the second one you are on a free trade right?
The question is,... on the first one, what price are you aiming?
  • #99,618
  • Aug 1, 2011 10:27am Aug 1, 2011 10:27am
Quoting AQs
Hey, ty for the welcome and for the reply...
I understand well that you would split the trade into 2 parts, on the first one you lock some profit, on the second one you are on a free trade right?
The question is,... on the first one, what price are you aiming?
Hi AQ, if you haven't already. Go through these videos from James. They will answer a bunch of questions for you

Take care

Jacob

http://www.james16group.us/Guests/guestmaterial.html
  • #99,619
  • Aug 1, 2011 10:29am Aug 1, 2011 10:29am
Quoting J.W. Holmes
Hi AQ, if you haven't already. Go through these videos from James. They will answer a bunch of questions for you

Take care

Jacob

http://www.james16group.us/Guests/guestmaterial.html
Great tyty
  • #99,620
  • Aug 1, 2011 10:30am Aug 1, 2011 10:30am
  •  Atom
  • | Joined Jul 2010 | Status: An atom..no more..probably less! | 44 Posts
A very nece BEOB off 99 RN with MACD divergence.
Let us see how it ends up!
Attached Image (click to enlarge)
Click to Enlarge Name: chfjpy.gif Size: 21 KB
158 traders viewing now