james16 Chart Thread | Page 6090 | 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

  • #121,781
  • Dec 14, 2012 5:59pm Dec 14, 2012 5:59pm
Quoting FX Wolf
if prices do mange to close above daily close(NY) above 5630 then 5730 is tgt for long

g/l
Sorry, but I made no mention of any trades nor was I suggesting anyone make any.

This is just a level, we are talking about.
  • #121,782
  • Dec 14, 2012 6:10pm Dec 14, 2012 6:10pm
Quoting Nick1
Hi guys!

CAD/JPY, D1

I suppose if that signal bar closed beneath PPZ level (84.5) it will be a strong signal. But, what if not, will it still be a good pattern?

FTB to 365 EMA (W1) + Big Fib. level 61.8 confluence with RN

Looks like everything is great. Is it so?

P.S. Bullzeye I keep in my mind your warning about JPY

Thanks
Nick
How did you manage to get the 61.8 fibo landing where you did?
Please post a chart with the fibo swing points.
  • #121,783
  • Dec 14, 2012 9:31pm Dec 14, 2012 9:31pm
Quoting Pinbar
How did you manage to get the 61.8 fibo landing where you did?
Please post a chart with the fibo swing points.
Yes I was going to ask the same question
I think he's using April top from weekly chart
I 've drawn my Fibos from Daily March top,and we have a sort of confluence at 85.00 lv
but I don't use 76.4 Fibo lv that often..it's a funny chap

more details and comments on the chart as usual

http://mytradesontheblog.files.wordp...sis-daily1.gif
Account deleted
  • #121,784
  • Dec 14, 2012 10:16pm Dec 14, 2012 10:16pm
Quoting swissforex
Yes I was going to ask the same question
I think he's using April top from weekly chart
I 've drawn my Fibos from Daily March top,and we have a sort of confluence at 85.00 lv
but I don't use 76.4 Fibo lv that often..it's a funny chap

more details and comments on the chart as usual

http://mytradesontheblog.files.wordp...sis-daily1.gif

I don't think so
  • #121,785
  • Dec 15, 2012 12:50am Dec 15, 2012 12:50am
Quoting Donkey
Probably my favorite area on a chart right now....EURNZD. Lots of confluence in this area:

  1. BRN 1.5500
  2. Weekly LCS
  3. Two daily LCS
  4. Head n Shoulders with neckline at the LCS/BRN area

Early christmas present for me would be daily beob with strong close below the LCS levels (and preferably the low of the swing low of the BUOB)


Hi Donkey,

Here's my opinion as illustrated in the chart. IMHO, it's a better signal to LONG than to SHORT

Attached Image (click to enlarge)
Click to Enlarge Name: 2012-12-15_14-42.jpg Size: 116 KB
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #121,786
  • Dec 15, 2012 2:43am Dec 15, 2012 2:43am
Quoting Pinbar
How did you manage to get the 61.8 fibo landing where you did?
Please post a chart with the fibo swing points.
Hi Pinbar! After your post I realized that did a mistake - I took a highest from 2010 and lowest from 2009
Stupid, agree. Need to pay more attention and everything else as well.

Thank you everybody for your highest level patience to us, newbies.


Thanks
Nick
Attached Image (click to enlarge)
Click to Enlarge Name: cad.jpy, d1.gif Size: 32 KB
  • #121,787
  • Dec 15, 2012 2:52am Dec 15, 2012 2:52am
Donkey is talking about gifts. If this zone breaks, it will be a great gift :-)
But this is not likely to happen. It is a bit late to go long as well.

Quoting keroro0o0o
Hi Donkey,

Here's my opinion as illustrated in the chart. IMHO, it's a better signal to LONG than to SHORT

Attachment
  • #121,788
  • Dec 15, 2012 3:07am Dec 15, 2012 3:07am
Quoting toti1981
Donkey is talking about gifts. If this zone breaks, it will be a great gift :-)
But this is not likely to happen. It is a bit late to go long as well.
Hi T, I was saying the signal at the time when Donkey made the post was more of a LONG than a SHORT, not implying to go LONG now.
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #121,789
  • Dec 15, 2012 4:05am Dec 15, 2012 4:05am
Hi
I have been learning the Jaroo method for dome time now. I have a querry,in the chart below we have 3 HCR, which one do you trade? Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 15 KB
  • #121,790
  • Dec 15, 2012 4:39am Dec 15, 2012 4:39am
Hi guys,

i drew some lines on eurusd and it looks interesting.
My idea is to find good signal for going short.

- 4 times failed to break the resistance since Sep
- 3150 (RN)
- 50% Fib starting at Nov 2011
- DIV

Only think that conserns me is this big bullish candle, which indicates strong buy power and trend continuation to the upside.

I would wait for some PA (pb, beob,ib)

What do you think?

toti
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_15.12.2012.png Size: 121 KB
  • #121,791
  • Dec 15, 2012 5:05am Dec 15, 2012 5:05am
Quoting Edonya
Hi
I have been learning the Jaroo method for dome time now. I have a querry,in the chart below we have 3 HCR, which one do you trade? Thank you.
i would put 2 pending orders, with the highest HCR as the major one.

Attached Image (click to enlarge)
Click to Enlarge Name: 2012-12-15_14-42.jpg Size: 124 KB
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #121,792
  • Dec 15, 2012 5:17am Dec 15, 2012 5:17am
Quoting toti1981
Hi guys,

i drew some lines on eurusd and it looks interesting.
My idea is to find good signal for going short.

- 4 times failed to break the resistance since Sep
- 3150 (RN)
- 50% Fib starting at Nov 2011
- DIV

Only think that conserns me is this big bullish candle, which indicates strong buy power and trend continuation to the upside.

I would wait for some PA (pb, beob,ib)

What do you think?

toti
Hi T, just want to share my thoughts here:

1. Price broke through some significant levels (see chart)
2. Price broke through 365 EMA
3. Price broke through long term TL (not shown.. drawn from 1.5.2012)
4. Possible H & S breakout
*the MACD bearish divergence on your chart IMHO isn't valid, because the previous peak to peak bearish divergence had already worked out nicely. just my 2 cents.

Looks extremely bullish to me. Different eyes, different views. Guess that's what makes trading so interesting .

Attached Image (click to enlarge)
Click to Enlarge Name: 2012-12-15_14-42.jpg Size: 129 KB
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #121,793
  • Dec 15, 2012 5:18am Dec 15, 2012 5:18am
Quoting keroro0o0o
i would put 2 pending orders, with the highest HCR as the major one.

Attachment
Hi
Thanks for your reply. I am still om the learning mode on Jaroo's method.
  • #121,794
  • Dec 15, 2012 5:20am Dec 15, 2012 5:20am
Quoting Edonya
Hi
Thanks for your reply. I am still om the learning mode on Jaroo's method.
So am I (so are we).
Knowing is not enough; we must apply. Willing is not enough; we must do.
  • #121,795
  • Dec 15, 2012 6:22am Dec 15, 2012 6:22am
Hi Keroro,

Thank you for your analysis. About div I remember James saying that longer term div is stronger (line length)
I won't put the TL to my confluence. I don't trust them too much. I use them to find formations trade the BO.
What I forgot to look at was weekly and monthly which seem pretty bullish to me.
So I will wait for additional conformation.


Quoting keroro0o0o
Hi T, just want to share my thoughts here:

1. Price broke through some significant levels (see chart)
2. Price broke through 365 EMA
3. Price broke through long term TL (not shown.. drawn from 1.5.2012)
4. Possible H & S breakout
*the MACD bearish divergence on your chart IMHO isn't valid, because the previous peak to peak bearish divergence had already worked out nicely. just my 2 cents.

Looks extremely bullish to me. Different eyes, different views. Guess that's what makes trading so interesting .

Attachment
  • #121,796
  • Dec 15, 2012 11:08am Dec 15, 2012 11:08am
Hey Mike,
having we are pretty close to the end of the year, what's your opinion? Pull the trigger or pass ?


Attached Image (click to enlarge)
Click to Enlarge Name: 1232.png Size: 74 KB
  • #121,797
  • Dec 15, 2012 3:04pm Dec 15, 2012 3:04pm
Quoting keroro0o0o
Hi T, I was saying the signal at the time when Donkey made the post was more of a LONG than a SHORT, not implying to go LONG now.
Hope I ddin't confuse anyone - I wasn't saying to go short. I was just noting that the area was highly confluenced and with some nice bearish price action (BEOB mentioned) that closed below the area (which is currently strong support) would be a good story to short - at least for me. I was basically saying I was wanting (and still do) the current support to flip to resistance.

I am definitely in agreement that the area is currently support and I'm biased long until PA gives me a hint otherwise.
  • #121,798
  • Dec 15, 2012 3:50pm Dec 15, 2012 3:50pm
dell will find its way down to the support-area...
Attached Image (click to enlarge)
Click to Enlarge Name: dell5.gif Size: 23 KB
meine augen sind die sterne
  • #121,799
  • Dec 16, 2012 2:22am Dec 16, 2012 2:22am
Quoting Rust
Hey Mike,
having we are pretty close to the end of the year, what's your opinion? Pull the trigger or pass ?


Attachment
hey ruist i was going through some of jims webinars and there is one about outside bars, he says dont ignore them!
swing high and low for beginners or if you know your stuff know where price will go, ie ppz brn etc
worth a look.
Thank you J16 & Trader Dante
  • #121,800
  • Dec 16, 2012 3:51am Dec 16, 2012 3:51am
Quoting chartergas
hey ruist i was going through some of jims webinars and there is one about outside bars, he says dont ignore them!
swing high and low for beginners or if you know your stuff know where price will go, ie ppz brn etc
worth a look.
Hey charter,
this is a breakout play here, so we don't play the PA formation itself, but just using it to help us confirm the validity of the break, as well managing the entry and stop placement.
129 traders viewing now