DislikedHere's one of my better charts that tells it all . . not only the abbreviations but the setups as well.
JimIgnored
thank you, I appreciate your explanation chart very much. I will save it as a guide for chart analysis
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHere's one of my better charts that tells it all . . not only the abbreviations but the setups as well.
JimIgnored
DislikedHi Mike,
On this topic of IB, I wld like to ask do we wait for break by abt 10-15pips as well on daily IB before entry? Since its a IB, wld this leeway be abit too much?
Based on what u said above, if we were to take a bias on IB, it wld be based on prior trend?Ignored
Dislikedjust received a PM about a 4hr beob, posting chart here for that member
also don't forget the j16 minimum requirements, sticking to that daily/weekly first. It helps greatly if you ask me
Best
MikeIgnored
DislikedGreat charts Pinbar . . IBFX had a great entry on this setup. Nice HCR and Highs(ish) lining up.
Looks like you had a big buffer of 76.18. The 75.95 or even the 75.87 would have been nice. .
You got to love those "crazy crosses" . . ..Ignored
Dislikedcan't see anything to disagree with PB. I really like the 1.4000 area if it makes it - wkly hcr at swing high with BRN/retracement confluence is a great area to watch.
the bar low to the left on the weekly chart looks like it might be an obstacle. on daily I define what looks to be a strong approx 50p (1.3827 - 1.3875) ppz defined by 2 hcrs lining up with the 365 that I would like to see price close above. If it does then 1.4000 is likely.
Looking more closely at that area...short setup???? Interesting to watch.Ignored
DislikedHey Mike, I replied to that same question in the thread.
Just looking at your reply and comparing the notations I put on the chart for that person. Glad to see that at long last I am roughly getting near the same ballpark. Well, at least in the same city, roughly. LOLhttp://www.forexfactory.com/showthre...32#post5034432
http://www.forexfactory.com/showthre...32#post5034432Ignored
DislikedHi Mike,
On this topic of IB, I wld like to ask do we wait for break by abt 10-15pips as well on daily IB before entry? Since its a IB, wld this leeway be abit too much?
Based on what u said above, if we were to take a bias on IB, it wld be based on prior trend?Ignored
DislikedAnother attempt by me to get my PPZ levels marked up properly. What do these look like guys? Pinbar, Mike, Jarroo feedback on my levels welcomed
AttachmentIgnored
DislikedGreat job P, just remember these areas are "zones" and not very often a single point. Those are some good solid Major PPZs.
Good job
MikeIgnored
DislikedCheers Mike
When you say zones, would you be looking at boxing those consolidation areas to have an upper and lower zone?Ignored
DislikedWhen we say zone, zone means area. Price doesn't have to touch a perfect line on our chart. That market looks at these as areas of supply/demand/equilibrium. This is why you will see many of us use these larger blue boxes, to denote it isn't a single point on a chart
See my chart for exampleIgnored
DislikedOk, I get what you mean. So it's areas where price has shown in the past that it has had a major reaction. Like a flip zone.Ignored
DislikedHere's a little tip
I use these zones, they are amazing. Then I look at what price is doing in the short term at this zone. See if I can get more clues or pieces to my story. So then we are both having a macro and micro view on it . When both click,
Best
MikeIgnored