james16 Chart Thread
Sure thing Peter . .
You are guessing correctly .. on the Close would trigger our entry . . once the Signature has been confirmed.
also we can have a Price Action setup on the Hourly too . .like a PB or BEOB on the Hourly at these higher TF levels.
Jim
Yes, There is something basically wrong with the way, I am looking at these levels.
Sorry to cause you so many headaches with this.
Is it just me or do some people in the PF struggle with this point of looking too far back also?
I am trying to get a handle on it.
Perhaps it stems from looking only at the large swing points on the weekly or perhaps, it is something else.
For example, if we were looking at the Daily on EU, do I only need to look at the HCR and LCS in this consolidation at points C&D and, not the large swing point marked A...
It may be just you, buddy .. Our search is for more confluences and confirmations with our setups. . .more story building (bigger picture) that agree with out setups. especially if the pair is trending strongly. Also these HCR/LCS levels on the borders of Space are as far back as you want to go. 
Hi Jim,
Where would your stop be? I am guessing just above the daily HCR.
Thanks,
Cec
Thanks Jim !
Very helpful
No problem, Steve . .
Yes more C&D and less A&B ..
Jim
Thanks Jim
I think I need to work out some rules to disqualify the areas I usually look for.
For example the Areas I marked the red lines at points A B & C.
They look like rather large swing points and some seem to have space.
Jim, Sorry for more questions on this but, it is driving me insane.
I am trying to work out my problem from the fact that, you did not include any of these 3 levels levels on your original chart.
The fact that you even slightly like one of them, sort of confuses me as, I am trying to invalidate the 3 levels I drew.
By, this I mean, your chart suggested to me that they are not valid, now I am looking for a concrete reason to exclude them permanently from my vision which searching the charts.
For example A, does line up with a small swing point...
"A" lines up with that small swing point that leads into Space. . its like a Dual Action HCR level (two HCR or LCS levels that line up at the same level ) ..and it worked out fantastically . . especially with that 365 ema confluence. . .even 5min Bullish Signatures . .
I said I like "C" . .very good. "B" has to much traffic infront of it.
and Yes,
Check out current Price now . . . at the Open Spaced LCS level at 1.8882 in purple (I had it at 1.28867 on my previous chart but its more accurately 1.28882 if you check you FXXPro feed.) Its acting as Support...
Hey Jarroo,
USDCHF (Daily) seems to have a good set up currently (see chart below), wondering if you, or anyone else, agrees.
Attachment
I said I like "C" . .very good. "B" has to much traffic infront of it.
and Yes,
Check out current Price now . . . at the Open Spaced LCS level at 1.28882 in purple (I had it at 1.28867 on my previous chart but its more accurately 1.28882 if you check you FXXPro feed.) Its acting as...
