james16 Chart Thread | Page 5921 | 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

  • #118,401
  • Sep 14, 2012 2:52am Sep 14, 2012 2:52am
Quoting meshka
well... I sold EURUSD here. lets look ... will this resistance be respected or not...
a risky one... you don't think it will filled the gap first? Confirmation is always the safest way to trade, but these just my 2cents.

but anyway, you will be the king if it works
  • #118,402
  • Sep 14, 2012 2:55am Sep 14, 2012 2:55am
Quoting annu333
Why is the SL so huge? Not that its wrong or anything, but can you explain why there.
not so huge... only 60 pips its because EURUSD is in an upswing and bulls can try to push price above this last gap. so I left some free area for fighting
all is eternal - this is good news for people who loves bad news
  • #118,403
  • Sep 14, 2012 3:00am Sep 14, 2012 3:00am
Quoting meshka
not so huge... only 60 pips its because EURUSD is in an upswing and bulls can try to push price above this last gap. so I left some free area for fighting
Ok For me if it closes over 1.3060 I wanted to enter long when it retests it, but I didn't take into account the gap. So maybe your right.
  • #118,404
  • Sep 14, 2012 3:06am Sep 14, 2012 3:06am
Quoting james -1.6
Hi girls and boys,

There is a chart to wait for enter.

- BRN
- Fib.61.8
- divergence

I can't upload my picture because of junior member (?)
Woww, i am an ex-junior member :--))

So, the chart:
Attached Image (click to enlarge)
Click to Enlarge Name: capture-20120914-093540.jpg Size: 106 KB
  • #118,405
  • Sep 14, 2012 3:12am Sep 14, 2012 3:12am
Quoting bullzeye
a risky one... you don't think it will filled the gap first? Confirmation is always the safest way to trade, but these just my 2cents.

but anyway, you will be the king if it works
for me every trade is risky before I close it in green I just dont believe in this EURUSD overoptimistic sh...t and said before to myself that I will sell it in front of first good resistance.

so I planned the trade and now executed it ... now let the market do its job.
all is eternal - this is good news for people who loves bad news
  • #118,406
  • Sep 14, 2012 3:21am Sep 14, 2012 3:21am
Quoting james -1.6
Woww, i am an ex-junior member :--))

So, the chart:
Congratulation!

Price may as well test the the above zones or break and continue. We have many options.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy_2012-09-14.jpg Size: 108 KB
  • #118,407
  • Sep 14, 2012 3:39am Sep 14, 2012 3:39am
  •  sg_1988
  • | Joined Dec 2011 | Status: Cause I'm P*ssed Off For Greatness | 70 Posts
Thought I would share this, I listen to this every morning before trading the markets.

Inserted Video


It is at times a long and lonely road trading the forex markets, but through hard work and knowing that success in trading doesn't come easy, through sweat and probably tears haha, and constant self improvement, I too will become a champion! And I hope you all do too..if you aren't already!

Hope you enjoy the video and more importantly the journey!

Sanil
  • #118,408
  • Sep 14, 2012 4:33am Sep 14, 2012 4:33am
Quoting sg_1988
Thought I would share this, I listen to this every morning before trading the markets.

http://www.youtube.com/watch?v=yX39J_YyKbs

It is at times a long and lonely road trading the forex markets, but through hard work and knowing that success in trading doesn't come easy, through sweat and probably tears haha, and constant self improvement, I too will become a champion! And I hope you all do too..if you aren't already!

Hope you enjoy the video and more importantly the journey!

Sanil
FANTASTIC!!!
Fall seven times, stand up Eight! #GGMU
  • #118,409
  • Sep 14, 2012 4:36am Sep 14, 2012 4:36am
Quoting meshka
not so huge... only 60 pips its because EURUSD is in an upswing and bulls can try to push price above this last gap. so I left some free area for fighting
  • #118,410
  • Sep 14, 2012 6:09am Sep 14, 2012 6:09am
... and market ate me. will try next time
all is eternal - this is good news for people who loves bad news
  • #118,411
  • Sep 14, 2012 6:09am Sep 14, 2012 6:09am
Guys!
What do you do if the PBT&CA/CB but only a few pips distance from the HCR/LCS or almost at the same level. Do you open a position at the market price or just ignore that signal? Often not so clean the signal.
What do you do in this case?
Mától én vagyok a Soros!
  • #118,412
  • Sep 14, 2012 6:18am Sep 14, 2012 6:18am
For example thats what i mean:
NZDJPY
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_NZD_JPY_Daily_snapshot.png Size: 30 KB
Mától én vagyok a Soros!
  • #118,413
  • Sep 14, 2012 6:45am Sep 14, 2012 6:45am
Took this trade right off the HCR Look at the nice BUOB that broke the HCR. Nice so far..

With the understandig of valid and fresh HCR/LCS made a huge different for me.
Attached Image (click to enlarge)
Click to Enlarge Name: eur jpy daily.jpg Size: 80 KB
  • #118,414
  • Edited 7:19am Sep 14, 2012 7:13am | Edited 7:19am
So annoying when you miss one, ok its on 4H but almost a perfect james16

Bugger, bugger, bugger......
Attached Image (click to enlarge)
Click to Enlarge Name: AAARG.png Size: 44 KB
  • #118,415
  • Sep 14, 2012 7:23am Sep 14, 2012 7:23am
Quoting jarroo
Excellent charts trc . .I believe you meant to say EurSgd . .here's my EurSgd . .
,



Jim
Thanks Jim, I'm learning from the best.

Here is another one I took today:

Attached Image (click to enlarge)
Click to Enlarge Name: 2012-09-14 CADJPY.jpg Size: 105 KB
  • #118,416
  • Sep 14, 2012 7:30am Sep 14, 2012 7:30am
Quoting Gogolak
For example thats what i mean:
NZDJPY
This train you missed. I would look for new HCR/LCS levels or other markets. I tried few days ago to enter a trade and was stoped by sl. then I placed another order at the same place... and again sl and then I looked this time it goes and again SL. So the minus was not a big deal (3x 5-7pips) but I was angry because I did the same mistake twice after the market showed me that I was mistaken. Learened a lot from that.
  • #118,417
  • Sep 14, 2012 7:37am Sep 14, 2012 7:37am
Jarroo, can you help me with this situation?
Attached Image (click to enlarge)
Click to Enlarge Name: aud sgd.jpg Size: 85 KB
  • #118,418
  • Edited 8:15am Sep 14, 2012 7:59am | Edited 8:15am
Quoting Gogolak
For example thats what i mean:
NZDJPY
I would not touch it.

But if there is several levels, which create a zone, then I might take it. See the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy_2012-09-14_PBT.jpg Size: 114 KB
  • #118,419
  • Sep 14, 2012 8:38am Sep 14, 2012 8:38am
Just got in the latest trade from the "before the fact" series
Wish me luck

Attached Image (click to enlarge)
Click to Enlarge Name: 123.png Size: 65 KB
  • #118,420
  • Sep 14, 2012 8:56am Sep 14, 2012 8:56am
Quoting Rust
Just got in the latest trade from the "before the fact" series
Wish me luck

Attachment
Nice catch, Rust!
Slow & steady
50 traders viewing now