Found this on my watch.
divergence on TF H1.
divergence on TF H1.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedI've had my eye on AUDUSD for a while now. Price has been bouncing between the upper and lower weekly zones for the last year. I missed the last swing low in March unfortunately, I should have taken a shot at the swing high in April and yet again I was too chicken to pull the trigger. I bought a ton again at this swing low, eyeing the top of the range again. I have taken 75% off the table and I am holding this for as long as I can. The interest rate roll over on this pair is awesome which is another reason I thought prudent to buy at this swing...Ignored
DislikedThis is for microtrader. I'm using the default settings on the BB and I'm using the moving average for a 50 ema cross for trend detection so I can scalping.Ignored
Dislikedoh by the way mike. The undergraduates presented their j16 homework and quite a few of them also made their own demo trades and, are starting to get into it. What fun this was for a couple of weeks. Blocked their eyes out for the purpose of privacy. Edit: For some weird reason chinese people seem to use red candles for bullish candles and green for bearish candles, as you can see in the gold chart. {image} {image} {image}Ignored
Disliked{quote} Anyway, where do you teach james16 stuff at? looks like a university in asia country. I hope next 5 years i would be teaching this stuff too at my university where i graduated.Ignored
Disliked{quote} it might be nearly 4 years later(whoa) but this is still my favorite post in this thread most likely Someone emailed me today about it and I got a kick out of it yet again and decided to repost. (added the chart) {image}Ignored
DislikedOh by the way Mike. The undergraduates presented their J16 homework and quite a few of them also made their own Demo trades and, are starting to get into it. What fun this was for a couple of weeks. Blocked their eyes out for the purpose of privacy. Edit: For some weird reason Chinese people seem to use Red candles for bullish candles and Green for bearish candles, as you can see in the Gold chart. {image} {image} {image}Ignored
DislikedOh by the way Mike. The undergraduates presented their J16 homework and quite a few of them also made their own Demo trades and, are starting to get into it. What fun this was for a couple of weeks. Blocked their eyes out for the purpose of privacy. Edit: For some weird reason Chinese people seem to use Red candles for bullish candles and Green for bearish candles, as you can see in the Gold chart. {image} {image} {image}Ignored
Disliked{quote} HI FFL, I watch this on low TF h4, for me buying rite now is kinda risky in my opinion, because the first FTA kinda messy there not enough space. but that's just my opinion on this pairIgnored
Dislikedbit offtopic...does anyone use this computer screen for trading ? {image} best, JonasIgnored
DislikedGBPAUD, This candle closes in 20 minutes at 1,5 BRN.... {image}Ignored
Disliked{quote} Been away from the factory for a while. Used to be a member of the PF, Mike might remember me Thinking of joining again when the new site is up and running. Anyway breakouts is the only thing I look for now. We all have our own ways of doing things .. but for me personally that pattern just isnt well developed or large enough. Difficult for me to explain but im sure Mike can explain how important pattern size is. Also for me, I like to see price really swing INTO the pattern and bounce significantly. On your chart price is kinda just...Ignored