meine augen sind die sterne
james16 Chart Thread
- #113,741
- Jun 27, 2012 3:38pm Jun 27, 2012 3:38pm
- Joined Feb 2009 | Status: kiki soso largyalo | 2,243 Posts
Hi Dany
I'm no expert, professional or guru and have not accumulated the years of experience you have. I am however fortunate enough to have found this thread which has steered me (an absolute novice) into someone who can read and extract consistent profits from the markets. It was the foundation of my learning.
Here is a link to a post of mine from July 2011 listing out my trade by trade results (Post #98545)
This information was made public out of choice....
I can only DEDUCE that this METHOD is about bar formations at important levels (PPZ)? Not even the 1st post describes anything about the method, just that 3months training. But training in what lol
Is there anywhere in this thread the METHOD explained step by step?Thanks
GL
I don't need easy. I just need possible.
- #113,746
- Jun 27, 2012 5:04pm Jun 27, 2012 5:04pm
- | Commercial User | Joined Aug 2006 | 12,004 Posts
Hey man. I started to read this thread from the start and I'm about at page 100-ish. I only see bits of scattered info and screenshots.
I can only DEDUCE that this METHOD is about bar formations at important levels (PPZ)? Not even the 1st post describes anything about the method, just that 3months training. But training in what lol
Thanks
GL
There are a few summaries that various people have done. But summaries really only go so far. Price action is about concepts. Their are a LOT of little concepts that we must learn(price bars, s/r, etc) but the MOST important part is then learning how to blend those.
Start by following along with James16 charts, and slowly it will begin to make more and more sense. There is no one way to do this. That's what some people hate, but also the beauty in it(that we can make it our own). Unfortunately their is something about time and experience that we just cant avoid as Tomek said above. I know the thread is HUGE, but there is a wealth of great info in here
Best
Mike
- #113,747
- Jun 27, 2012 5:32pm Jun 27, 2012 5:32pm
- | Commercial User | Joined Aug 2006 | 12,004 Posts
oh yes...
- #113,748
- Jun 27, 2012 5:41pm Jun 27, 2012 5:41pm
Hey man. I started to read this thread from the start and I'm about at page 100-ish. I only see bits of scattered info and screenshots.
I can only DEDUCE that this METHOD is about bar formations at important levels (PPZ)? Not even the 1st post describes anything about the method, just that 3months training. But training in what lol
Thanks
GL
I'll be honest, I never read beyond the first few pages... I got stuck in in real time then looked for answers. I asked really rudimentary questions, no doubt people chipped in when they could. Having said all that, you only get what you put in.
It is not a mechanical 'system' but a digestible understanding of the markets and how to profit from them. A lot of it is simplified for a good reason, it's best not to question the psychology and order flow behind each trade just yet, there are enough variables as it is.
As time goes on it gets easier but then come newer obstacles.
Don't know if this helps? There is never a straight forward answer...
T
- #113,751
- Jun 27, 2012 7:42pm Jun 27, 2012 7:42pm
Hey D
The 9400 level is more clean. But I still won't ignore that high. Just depends on what pops up(if anything). Most levels will be zones, but then we can narrow it down for the good one and in this case 9400 is the line but that is all part of the "zone". So for example if we end up trading back into that(say we get a big BUOB that closes under that high), it's something to watch and utilize in our mgmt
Hope that helps
Mike
I've appreciated your emails!
- #113,755
- Jun 27, 2012 9:01pm Jun 27, 2012 9:01pm
- | Commercial User | Joined Aug 2006 | 12,004 Posts
Saw them all.
I'd stick to just page one and work my way through if it were me. I'd spend at least a few months doing that.
Some summaries like this one
http://www.forexfactory.com/showthre...99#post2585699
May help some reference points. Again I think a lot gets missed, but it can be a good way to begin to grasp the things we speak about
Best
Mike
- #113,758
- Jun 28, 2012 1:21am Jun 28, 2012 1:21am
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
Tangent: If you have metatrader open with around 30 charts or so It becomes difficult to remember which ones are developing good set ups and which ones can be ignored for a week or two. I found it difficult to organize the charts in a way so I don't have to click through them all every day but spend more time on the good ones. How are you guys doing it?
Thx as always.
Also I have quite a few demo accounts with different profiles setup so I can keep my trading account clean.
Oh you can set price alerts at www.alertfx.com
- #113,759
- Jun 28, 2012 1:47am Jun 28, 2012 1:47am
Tangent: If you have metatrader open with around 30 charts or so It becomes difficult to remember which ones are developing good set ups and which ones can be ignored for a week or two. I found it difficult to organize the charts in a way so I don't have to click through them all every day but spend more time on the good ones. How are you guys doing it?
Thx as always.
I do a lot of my trade scanning on www.prorealtime.com I can easily blast through a ton of pairs in 5 minutes. The end of day data is free and you can save your chart lines.
Also I have quite a few demo accounts with different profiles setup so I can keep my trading account clean.
Oh you can set price alerts at www.alertfx.com
If not up, then down, otherwise sideways :-)
