james16 Chart Thread | Page 5908 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: james16 Chart Thread
Exit Attachments

james16 Chart Thread

  • #118,141
  • Sep 11, 2012 10:21am Sep 11, 2012 10:21am
someone asked me about the mini dow

could we be coming near a pivotal point?

13500 then look out below? seems a good possibility
Attached Image (click to enlarge)
Click to Enlarge Name: a.gif Size: 18 KB
  • #118,142
  • Sep 11, 2012 10:23am Sep 11, 2012 10:23am
Quoting rafstraszek
What? NO - I wrote correctly...
Price close ABOVE yellow, then go down and touched yellow line (triggering my buy order), then go up to pink (and I move my sl to be)...well then my sl was hit - but I didn't loose anything (be)...I'm not sure what you mean by sold?? You are talking about different entry??
OK! I got it! ...finally.
But in this Jarroo method i could put my SL to BE if the price hit the pbt candle's high. (1.2554) In this case the price didnt hit yet.
Or maybe im wrong with the rules?
Mától én vagyok a Soros!
  • #118,143
  • Sep 11, 2012 10:24am Sep 11, 2012 10:24am
Quoting dan89
Im going to focus on what Jarroo has advised me to do
I also told you the same thing but with a little more straight forward path ... He I guess told you with the method of capital preservation ... But best of luck ... Whatever makes you feel easy ...
Human
  • #118,144
  • Sep 11, 2012 10:27am Sep 11, 2012 10:27am
Hello,

yes, i do : http://www.forexfactory.com/attachme...4&d=1347372324

Quoting jarroo
Are you posting chart ?..
  • #118,145
  • Sep 11, 2012 10:30am Sep 11, 2012 10:30am
just gotta say I love my city

another year past but certainly none of us around the world have forgot
Attached Image (click to enlarge)
Click to Enlarge Name: a2.gif Size: 165 KB
  • #118,146
  • Sep 11, 2012 10:32am Sep 11, 2012 10:32am
Quoting Gogolak
OK! I got it! ...finally.
But in this Jarroo method i could put my SL to BE if the price hit the pbt candle's high. (1.2554) In this case the price didnt hit yet.
Or maybe im wrong with the rules?
Great! I never heard about moving to be at high of pbt candle...of course it can happen, but it isn't rigid rule...I use fta - first trouble area, place, where I can see, that price reacts...It can be some other hcr/lcs, daily high, round number etc. In most cases it is (for me) 10-30 pips from my entry level...

take care
  • #118,147
  • Sep 11, 2012 10:43am Sep 11, 2012 10:43am
Hello,

Another question about levels . On this chart (daily aud/cad) we have hcr level from past, which was pbt&cb and next daily bar pbt&ca it. So was there right setup to take short ? Or maybe some other comments ?
Attached Image (click to enlarge)
Click to Enlarge Name: Przechwytywanie.jpg Size: 86 KB
  • #118,148
  • Sep 11, 2012 11:02am Sep 11, 2012 11:02am
Quoting jarroo
Got a chart??
Sorry for the delay but here is my chart. Should I wait for the retrace and then enter or if it doesn't retrace look for the next level?
Attached Image (click to enlarge)
Click to Enlarge Name: tabel.gif Size: 21 KB
  • #118,149
  • Sep 11, 2012 11:15am Sep 11, 2012 11:15am
I watching EURUSD too. I will look for a retrace then place a buy order just above the bar that broke through (blue line). See how we are now above the 200 EMA. 61 fib also broken. Some Bullish PA (like a pin bar off the S/R area) would really top this off!
Attached Image
  • #118,150
  • Sep 11, 2012 11:27am Sep 11, 2012 11:27am
Bit late, but anyone playing AUDGBP short?
Attached Image
  • #118,151
  • Sep 11, 2012 11:42am Sep 11, 2012 11:42am
Quoting Brixton
Bit late, but anyone playing AUDGBP short?
yeah ,look this http://www.forexfactory.com/showthre...23#post5992523

http://www.forexfactory.com/attachme...4&d=1347001416
Try to understand English Try to understand Forex
  • #118,152
  • Sep 11, 2012 11:43am Sep 11, 2012 11:43am
DBLHC shaping up.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd91112.jpg Size: 130 KB
  • #118,153
  • Sep 11, 2012 11:44am Sep 11, 2012 11:44am
Quoting Activer
yeah ,look this http://www.forexfactory.com/showthre...23#post5992523

http://www.forexfactory.com/attachme...4&d=1347001416

Nice one I missed that one.
  • #118,154
  • Sep 11, 2012 11:51am Sep 11, 2012 11:51am
Quoting mbqb11
just gotta say I love my city

another year past but certainly none of us around the world have forgot
My condolences for 9/11
  • #118,155
  • Sep 11, 2012 12:22pm Sep 11, 2012 12:22pm
Jarroo are you watching this potential setup yourself ? What are your thoughts on it as a short opportunity ? Since price has tested the level (low) and closes above will you be looking for a long at a retrace the the LCS ?

Attached Image (click to enlarge)
Click to Enlarge Name: usdchf 11.9.2012.jpg Size: 82 KB
  • #118,156
  • Edited 12:49pm Sep 11, 2012 12:33pm | Edited 12:49pm
Quoting dan89
Well I suspect my mindset is just one problem with my trading. I seem to spend allot of time thinking about the losers and trying to figure out why they lost, and just generally feel crap when I’ve been waiting for what I think are very good looking setups fail constantly. I’ve posted a number of charts previously - hoping to get some responses on them.
Hi Dan, that sounds like you are patient enough to wait for the really good setups. So maybe it's more of a chart reading thing. Getting better at this comes with time.

Quoting dan89
You mentioned that you have been a member for over a year now - meaning you’re a lifetime member right? Any particular reason why you’re still very active on this public forum when you have access to the private one?
I just love the atmosphere around here. Actually I prescribed myself trading forum abstinence about nine months ago and have only started posting here and at the PF since August. I thought it was time for the next step in my trading and to give something back, help new people, cheer them up, etc. I think that's how it works. The real pros like Mike and Jarroo are always around and keep this thread alive. But it's also important for us slightly advanced traders to come back and show the other beginning traders that this stuff really works and that it is achievable. That's what I always loved about the J16 threadt: it's authentic.

Quoting dan89
To be honest I’m looking for more 'real-time' help with my trades (demo) whilst I’m entering them, and not so much with after the fact analysis which is always 20/20.
Yes, I think the PF would be a better place for that. But you'd have to ask Jarroo if and when real-time feedback is really possible.
BTW, I forgot to mention the great weekly webinars with Mike and Rockrat. They are definitely a highlight of the PF.

You're doing great, Dan. You really want to learn this stuff and that's the most important part of it. You probably just need some new ideas and a little bit more in-depth analysis. The rest comes with time.
Thanks J16, Sam Seiden, Udine and Jacko
  • #118,157
  • Sep 11, 2012 12:43pm Sep 11, 2012 12:43pm
Quoting mbqb11
just gotta say I love my city

another year past but certainly none of us around the world have forgot
Here in Germany many people are thinking and talking about it every year like it was yesterday. It's kind of a ritual to tell each other what you did and where you were when it happened. How must you guys feel? I think you must be very courageous and caring citizens. I'm looking forward to visit NYC some day.
Thanks J16, Sam Seiden, Udine and Jacko
  • #118,158
  • Sep 11, 2012 12:45pm Sep 11, 2012 12:45pm
Quoting jarroo
Waiting for the Close on this Wedge breakout . .Mike Bar in the making ..
I am assuming that this setup will be valid only if today's candle closes below the HCR level on the left, right? And that is when u'll enter, isn't it?
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 21 KB
Fall seven times, stand up Eight! #GGMU
  • #118,159
  • Sep 11, 2012 1:42pm Sep 11, 2012 1:42pm
if there are plenty jarroers, so i am a miker
Attached Image (click to enlarge)
Click to Enlarge Name: gbp aud.gif Size: 28 KB
  • #118,160
  • Sep 11, 2012 1:50pm Sep 11, 2012 1:50pm
chanya do u still waiting for ur corn ? and do u think that blue area is good to go short as it still untested ?
Attached Image (click to enlarge)
Click to Enlarge Name: cornman.gif Size: 15 KB
43 traders viewing now