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Where can I learn more about Price Action like those in James16 charts? 9 replies

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james16 Chart Thread

  • #118,001
  • Sep 10, 2012 9:14am Sep 10, 2012 9:14am
Quoting Chanya
Mike , would you consider it as some kind of pattern breakout too ???
Hey C

I wouldn't really call it a breakout pattern as there is not pattern, but this is a MAJOR PPZ and support zone in the market place. A definite battle ground here

Best
Mike
  • #118,002
  • Sep 10, 2012 9:15am Sep 10, 2012 9:15am
Quoting nwo-trader
Proof that Mike has been "juicing"..... lol

http://www.forexfactory.com/showthre...99#post5203399
  • #118,003
  • Sep 10, 2012 9:51am Sep 10, 2012 9:51am
appologies mike but i cannot resist these muscles
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  • #118,004
  • Sep 10, 2012 10:13am Sep 10, 2012 10:13am
Such a boring markets today ... Days like these are the days I wish I were a scalper !!!
Human
  • #118,005
  • Sep 10, 2012 10:16am Sep 10, 2012 10:16am
Quoting extremerrage
appologies mike but i cannot resist these muscles
LMAO!!
  • #118,006
  • Sep 10, 2012 10:17am Sep 10, 2012 10:17am
Quoting extremerrage
appologies mike but i cannot resist these muscles
I think Mike should have got lead role in Expendables 2 Well, there is always third part...

http://thefilmexperience.net/storage...=1345401977938

He surely fits

I got stopped out at yellow - perfect low

Eurcad stopped out at be unfortunately...
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  • #118,007
  • Sep 10, 2012 10:17am Sep 10, 2012 10:17am
Quoting extremerrage
appologies mike but i cannot resist these muscles
so you think Elmer Fudd is a cover? he'd be part of the expendables??
Slow & steady
  • #118,008
  • Sep 10, 2012 10:18am Sep 10, 2012 10:18am
Quoting extremerrage
appologies mike but i cannot resist these muscles
A forex Rambo !
  • #118,009
  • Sep 10, 2012 10:19am Sep 10, 2012 10:19am
Quoting rafstraszek
I think Mike should have got lead role in Expendables 2 Well, there is always third part...

http://thefilmexperience.net/storage...=1345401977938
faster than me..
Slow & steady
  • #118,010
  • Sep 10, 2012 10:39am Sep 10, 2012 10:39am
expen 3
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  • #118,011
  • Sep 10, 2012 10:45am Sep 10, 2012 10:45am
Quoting extremerrage
expen 3
Man you are putting in a lot of work ... Quit trading ???

Nice work with the images ...
Human
  • #118,012
  • Sep 10, 2012 10:50am Sep 10, 2012 10:50am
thc chanya but just tryin to create a friendly atmosphere.. you know the market is too slow today , and it is monday
  • #118,013
  • Sep 10, 2012 10:59am Sep 10, 2012 10:59am
Quoting extremerrage
thc chanya but just tryin to create a friendly atmosphere.. you know the market is too slow today , and it is monday
Thanks for that buddy ...

Attach a superman costume to Mikes picture too ... I think it would look great ...
Human
  • #118,014
  • Sep 10, 2012 11:02am Sep 10, 2012 11:02am
ok gime sometime and i will make for u a superman holding a buob
  • #118,015
  • Sep 10, 2012 11:20am Sep 10, 2012 11:20am
sorry mike if i made u look like carlos tevez
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  • #118,016
  • Sep 10, 2012 11:25am Sep 10, 2012 11:25am
I doubt Mike is going to post any more pictures soon
  • #118,017
  • Sep 10, 2012 11:26am Sep 10, 2012 11:26am
Hmm ..Seem to be getting alot of failed setups

USD CHF Daily & H1 Charts below explains it.

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  • #118,018
  • Sep 10, 2012 11:34am Sep 10, 2012 11:34am
Quoting extremerrage
sorry mike if i made u look like carlos tevez
Epic! )))
I don't need easy. I just need possible.
  • #118,019
  • Sep 10, 2012 11:37am Sep 10, 2012 11:37am
Quoting extremerrage
sorry mike if i made u look like carlos tevez
LOL. Mike, after the topic of this thread has obviously changed I hope you don't mind me asking some silly trading question.

I just got your email analysis of GBPAUD. My question is: do you take those longer-term outlooks into account when evaluating a J16 setup like the weekly pinbar on this pair? Say confluence-wise this was an A+ pinbar, would the bottoming out of GBPAUD influence your trading decision?
Thanks J16, Sam Seiden, Udine and Jacko
  • #118,020
  • Sep 10, 2012 11:56am Sep 10, 2012 11:56am
Jarroo, thank you very much, that answers all the questions ..
there was one more:
in this chart purple lines is weekly levels LCS. On Friday, the price closed above them. Today candle opened below higher purple line. This means that we believe that there was no penetration of the weekly levels?
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