james16 Chart Thread | Page 6088 | 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

  • #121,741
  • Dec 12, 2012 11:56am Dec 12, 2012 11:56am
oops forgot to attach....sorry)))

Abdu
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.gif Size: 14 KB
  • #121,742
  • Dec 12, 2012 12:51pm Dec 12, 2012 12:51pm
Quoting TheLastCoke
AUD/USD This might be a good..
what is CUTL please?

edit: diging something with channel touch.
  • #121,743
  • Dec 12, 2012 1:56pm Dec 12, 2012 1:56pm
Thanks for the explanation. I'll keep reading & learning. Good call!
Quoting jarroo
Round Number (RNs) and Big Round Number (BRNs) are an important confluence with our S/R levels . .but only if they are ailigned with our strongest levels. The .9900 did not look very strong as a Support level on the Daily nor the Weekly. The Triple Lowest Close of Support level stood out to me as a much stronger level. If the .9900 was lining up with that Triple LCS level all the better. . .but it didn't.

RNs and BRNs are important but not as a stand alone level. Sure, Price may react to them as a stand alone level . .but we need more confluences...
  • #121,744
  • Dec 12, 2012 3:01pm Dec 12, 2012 3:01pm
Hi, every one!
I would like to present my chart for your observation. I see here a break through triangle, PPZ, 200 MA and RN with a BUOB. What do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: AUD_SGD.png Size: 78 KB
  • #121,745
  • Dec 12, 2012 3:33pm Dec 12, 2012 3:33pm
Quoting TheLastCoke
AUD/USD This might be a good place to TP & Reverse

Attachment

Yeah, 8 hour PB forming, possibly a daily PB.
I am jumping the gun on the 8 hour PB.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 3.jpg Size: 118 KB
Click to Enlarge Name: 1.jpg Size: 95 KB
Click to Enlarge Name: 2.jpg Size: 121 KB
  • #121,746
  • Dec 12, 2012 6:21pm Dec 12, 2012 6:21pm
Quoting Pinbar
Yeah, 8 hour PB forming, possibly a daily PB.
I am jumping the gun on the 8 hour PB.
I agree with you Pinbar
AUDUSD was in my watch out list too
sell triggered
TP at first trouble area


http://mytradesontheblog.files.wordp...ily-13-dic.gif
Account deleted
  • #121,747
  • Dec 12, 2012 11:39pm Dec 12, 2012 11:39pm
Quoting swissforex
I agree with you Pinbar
AUDUSD was in my watch out list too
sell triggered
TP at first trouble area


http://mytradesontheblog.files.wordp...ily-13-dic.gif

Could be tricky though as, this area is a minor swing point compared to the previous one.

Great that you are becoming to like Jarroo's methodology. Good job.

Personally, I made many mistakes and used many incorrect methods to scan pairs.
I would find so many pairs and so many areas that price over a thousand pips away. By the time price hit the area, I had already long forgotten about the pair or pairs.
Now, every weekend I scan all the FX pairs and pick out the best 10 & make notations when price is within a couple of hundred pips of the area and just leave them all in compressed mini charts. I also use the same color line but, different types of lines for each time frame.
This has helped me stay on top of the ball more easily.
Hope this helps.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 150 KB
Click to Enlarge Name: Capture.jpg Size: 177 KB
  • #121,748
  • Dec 13, 2012 4:44am Dec 13, 2012 4:44am
Hi guys!

CAD/JPY

- H4 divergence
- D1 BRN

Would be great if D1 will formed PB under 84.5

If PB formed will we need any other proofs for enter?

Thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cad.jpy, h4.gif Size: 22 KB
Click to Enlarge Name: cad.jpy, d1.gif Size: 33 KB
  • #121,749
  • Dec 13, 2012 4:50am Dec 13, 2012 4:50am
anyone for this hourly beob setup at swing high?

it seems very nice, but the market is undecided to fall

it seems more a buy on deep

any review would be appreciate

many thanks
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 23 KB
Don't give up
  • #121,750
  • Dec 13, 2012 5:06am Dec 13, 2012 5:06am
that's what I call a super easy trade


H1 nice bounce and BEOB at a key level
+27 pips
no need to ask for more to this Market today
see my notes on the chart

http://mytradesontheblog.files.wordp...ic-27-pips.gif
Account deleted
  • #121,751
  • Dec 13, 2012 8:54am Dec 13, 2012 8:54am
Quoting Nick1
Hi guys!

CAD/JPY

- H4 divergence
- D1 BRN

Would be great if D1 will formed PB under 84.5

If PB formed will we need any other proofs for enter?

Thanks
Hey Nick,

the setup looks ok, but be careful YEN is weak this days...and for a reversal we need a big strong bar, you can play small retraces this days but don't fight this crazy trend
  • #121,752
  • Dec 13, 2012 8:57am Dec 13, 2012 8:57am
Quoting geomink
anyone for this hourly beob setup at swing high?

it seems very nice, but the market is undecided to fall

it seems more a buy on deep

any review would be appreciate

many thanks
you would sell right into support, look at this nice PPZ and S/R flips...i bought a little for a few pips

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 43 KB
  • #121,753
  • Dec 13, 2012 9:37am Dec 13, 2012 9:37am
Quoting Abdu
oops forgot to attach....sorry)))

Abdu
Hey Abdu

It certainly has worked out very nice. A few things too be careful of and some bigger things that also were confluence for you

I marked up a chart

Hope it helps
Mike
Attached Image (click to enlarge)
Click to Enlarge Name: a.gif Size: 32 KB
  • #121,754
  • Dec 13, 2012 9:43am Dec 13, 2012 9:43am
Quoting geomink
anyone for this hourly beob setup at swing high?

it seems very nice, but the market is undecided to fall

it seems more a buy on deep

any review would be appreciate

many thanks
Hey Geo

I would be careful here. I think better potential resistance is higher up(but the market sure looks like it wants to get above this area too)

For your beob it is trading back into a rising TL, it did of course make the FTA and try to break the TL but could never close under it. So even if one took this they would still have plenty of time to manage their risk to a very low level. That's always the most important thing I stress


Best
Mike
Attached Image (click to enlarge)
Click to Enlarge Name: a.gif Size: 26 KB
  • #121,755
  • Dec 13, 2012 9:43am Dec 13, 2012 9:43am
Quoting bullzeye
Hey Nick,

the setup looks ok, but be careful YEN is weak this days...and for a reversal we need a big strong bar, you can play small retraces this days but don't fight this crazy trend
Thanks, Bullzeye. Appreciated.
  • #121,756
  • Dec 13, 2012 11:03am Dec 13, 2012 11:03am
Hi guys, I took this trade on eur/sek after breakout from this wedge, also there was retest of this area with a nice pin bar on hourly (I just watched this, I donīt trade below daily timeframe for now). As always any comments are welcomed

Mav
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eursek daily.jpg Size: 77 KB
Click to Enlarge Name: eursek hourly.jpg Size: 76 KB
  • #121,757
  • Dec 13, 2012 11:41am Dec 13, 2012 11:41am
AUD/USD, H4

Can it be taken as DBHLC (even triple) ?

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: aud.usd, h4.gif Size: 26 KB
  • #121,758
  • Dec 13, 2012 11:49am Dec 13, 2012 11:49am
Quoting Nick1
AUD/USD, H4

Can it be taken as DBHLC (even triple) ?

Thanks
Hey Nick

We want to see the highs match closer then this. This is more just a bearish bar. Also remember we want these bars traditionally at a swing high point where this is already at a swing low because of where it sits in regards to the true swing high a few bars back. Also be careful the BRN of 1.05 lurks just beneath I would be more interested in this area for S/R or a break


Best
Mike
Attached Image (click to enlarge)
Click to Enlarge Name: a.gif Size: 30 KB
  • #121,759
  • Dec 13, 2012 11:59am Dec 13, 2012 11:59am
Quoting mbqb11
Hey Abdu

It certainly has worked out very nice. A few things too be careful of and some bigger things that also were confluence for you

I marked up a chart

Hope it helps
Mike
thanks Mike for explanations...

I'm really appreciate...

many pips

Abdu
  • #121,760
  • Dec 13, 2012 12:19pm Dec 13, 2012 12:19pm
Quoting mbqb11
Hey Nick

We want to see the highs match closer then this. This is more just a bearish bar. Also remember we want these bars traditionally at a swing high point where this is already at a swing low because of where it sits in regards to the true swing high a few bars back. Also be careful the BRN of 1.05 lurks just beneath I would be more interested in this area for S/R or a break


Best
Mike
Thanks a lot Mike! You enlighten me from quote to quote!
171 traders viewing now