BUFL = BullFlag
D1 Demand is the area of indecision before a strong price move up
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedBEFL = BearFlag
BUFL = BullFlag
D1 Demand is the area of indecision before a strong price move upIgnored
DislikedLast week price broke and close below 1.38. Now price is retesting that region but weekly candle did not close above yet..Resistance coming from 150EMA, rising trendline, and 1.38RN. Interesting note, look back far enough almost every time the weekly candle close above/below 1.38, it continues in the direction it closes on for a while.Ignored
DislikedUC BEOB looks a tradable setup in my IMO..
how long it will last still in Q...
so will rethink over it again..
i like the location,size...also like it being CB 0.98.
here is how i view the obstacles on Daily(2nd chart).(i find it comfortable managing weekly on dailies...)
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DislikedThis business is not hard, but it never gives a crap what our desires are. It will just as easily chew up a new trader as it will reward a trader who is prepared to receive. All we are saying is evaluate your mind and figure out if your expectations are in line with those most likely to grant success. I found one of the best PDFs ever in a thread on FF and I believe that it encompases the entire journey most face in a few pages. I attached it and it is worth reading to evaluate where you are and how far you may have left to go. We will help you...Ignored
DislikedWhat an epic thread!
I'm pretty new to it, and I've been digging through for a couple of days. Maybe someone did it before, anyway - I've downloaded all 380 charts posted by James16 since 2005, and made one archive of it. The archive can be found here. It's good to have it all in one place.
Hope this saves another newbie!
Thank you, James16, and everyone who contributes!Ignored
DislikedWhat an epic thread!
I'm pretty new to it, and I've been digging through for a couple of days. Maybe someone did it before, anyway - I've downloaded all 380 charts posted by James16 since 2005, and made one archive of it. The archive can be found here. It's good to have it all in one place.
Hope this saves another newbie!
Thank you, James16, and everyone who contributes!Ignored
DislikedHey Farbeh
S/R can be a variety of all of the above.
It's just best to look for the most obvious areas where you see this s/r and the flip between s/r or as james calls them PPZ(price pivot zones). These types of areas can come in a variety of ways. I marked some areas on a chart
hope that helps
MikeIgnored
DislikedHey Farbeh
S/R can be a variety of all of the above.
It's just best to look for the most obvious areas where you see this s/r and the flip between s/r or as james calls them PPZ(price pivot zones). These types of areas can come in a variety of ways. I marked some areas on a chart
hope that helps
MikeIgnored
DislikedWhat an epic thread!
I'm pretty new to it, and I've been digging through for a couple of days. Maybe someone did it before, anyway - I've downloaded all 380 charts posted by James16 since 2005, and made one archive of it. The archive can be found here. It's good to have it all in one place.
Hope this saves another newbie!
Thank you, James16, and everyone who contributes!Ignored
DislikedHi guys, monster thread, and i've gone through about 100 pages or so already. Been making notes on the basic BEOB, BUOB, DBLHC, DBHLC and Pin bar setups, then taking this to some daily charts and just basically going through them to ID the setups, and get used to seeing them.
Once I got comfy doing that, I then added fibs from previous swing highs and lows to check for areas of confluence with the setups, and added my own take on PA S&R levels.
Looking at only taking the trades in line with the prevailing trend off the daily charts as well.
Just...Ignored