DislikedAwesome Pb!! . . . .Higher time frame levels traded on lower time frame . .that's how I roll . .Ignored
Thanks Jaroo but we all know, it is YOU whom is Really Awesome.
I am just a trainee.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedAwesome Pb!! . . . .Higher time frame levels traded on lower time frame . .that's how I roll . .Ignored
Dislikedhi all
jarro,have a question about this trade you took....
you entered without PA?
where did you put SL?
thanksIgnored
DislikedHere is probably where Jarroo's SL was.
Sure he entered without PA, he is touch trading the pullback to the PPZ that price closed above on the daily time frame.Ignored
DislikedHi guys can you please direct me to any posts discussing the methodology of lcs hcr? Mainly on how to derive them?Ignored
Dislikedi thought it was below bottom of the previous bar....
ok,thanks a lot PinbarIgnored
DislikedThis has probably been the most asked question since I joined. AFAIK most seldomest answered, too
(maybe because it's also up there as the most often asked question ever, but dunno, I'm not yet further in the thread than p. 1640 ).
Anyway, here's a recent post from the chief himself:
http://www.forexfactory.com/showthre...62#post5036262
Then, just look at every graph that Jarroo's ever posted and you'll be fine.
dkcIgnored
DislikedI am just holding the fort till the man gets back.
But, basically this chart explains very Simply on the Daily chart, what he is doing.Ignored
Dislikedand there i was saying... nevermind...
PB to the rescue, great chart, thanks!
dkcIgnored
DislikedEuro . .in at 1.3884
Edit: got to go for now . .let me know how it turns out . .Ignored
DislikedI am just holding the fort till the man gets back.
But, basically this chart explains very Simply on the Daily chart, what he is doing. When we really understand them, these areas are flips in S&R just like PPZ. Jarroo is just qualifying them in a slightly different manner.
Well, I do not know for sure where his SL was but, I know for sure Jarroo likes to have a tight SL and catch a move with great potential movement.
This entry is not like a regular PA entry withe SL below the PA bar.
Jarroo is touch trading.Ignored
Dislikedabout as strong confluence as you can ask for.
Lots of options
Touch trade(killer)
1hr triple bar low higher close(happened fast so be careful on the fill and set bounds)
I'm watching the 4hr up to the daily now as well(so if you are trading the daily/weekly only as James and the rest of us recommend when starting out, go and mark these areas up just like Picon did a few pages back. Then wait for PA at these areas and keep it simple! )
Best
MikeIgnored
Dislikedabout as strong confluence as you can ask for.
Lots of options
Touch trade(killer)
1hr triple bar low higher close(happened fast so be careful on the fill and set bounds)
I'm watching the 4hr up to the daily now as well(so if you are trading the daily/weekly only as James and the rest of us recommend when starting out, go and mark these areas up just like Picon did a few pages back. Then wait for PA at these areas and keep it simple! )
Best
MikeIgnored
DislikedWas watching this again before I went out again this morning. Not confident enough to take a lower TF touch trade, so gonna wait for the higher TF set up.Ignored
DislikedWe are getting closer to being on the same page, thanks to J16 and all you great people. Many, many thanks Mike for keeping on at me about those boxes I used to hate. LOLIgnored