james16 Chart Thread | Page 6253 | 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

  • #125,041
  • Apr 29, 2013 10:07am Apr 29, 2013 10:07am
Quoting magbabakal
{quote} i see. Is Pivot Zone or S/R Different from FTA sir?
pivots are being calculated based on previous highs and lows. S/R depends on every traders definition / analysis but all in all S/R levels appear where price was often likely to turn at.

FTA can be everything that might be a clue for price to turn or stop for a while.
Hero calls followed by margin calls...
  • #125,042
  • Apr 29, 2013 10:19am Apr 29, 2013 10:19am
Quoting PhAnTi'
{quote} pivots are being calculated based on previous highs and lows. S/R depends on every traders definition / analysis but all in all S/R levels appear where price was often likely to turn at. FTA can be everything that might be a clue for price to turn or stop for a while.
how can we determine an FTA in a chart sir? If its ok,could you show an example of FTA? thank you phanti.
  • #125,043
  • Apr 29, 2013 10:29am Apr 29, 2013 10:29am
Quoting magbabakal
{quote} how can we determine an FTA in a chart sir? If its ok,could you show an example of FTA? thank you phanti.
s.th like this e.g.

Attached Image (click to enlarge)
Click to Enlarge Name: 29-04-2013 eurusd.png Size: 51 KB
Hero calls followed by margin calls...
  • #125,044
  • Apr 29, 2013 10:38am Apr 29, 2013 10:38am
thanks phant. what platform are you using sir?

how did you identify that FTA? do we have a material or thread regarding FTA?
  • #125,045
  • Apr 29, 2013 10:48am Apr 29, 2013 10:48am
Nice area to watch on the USDCHF daily chart.

What do you think about it?
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf daily.gif Size: 19 KB
Financial markets aren't supermarket
  • #125,046
  • Apr 29, 2013 10:59am Apr 29, 2013 10:59am
^sir can i have a copy of that indicator. the one that shows how many hours,minutes and seconds remain before a bar closes.
  • #125,047
  • Apr 29, 2013 11:11am Apr 29, 2013 11:11am
Quoting magbabakal
thanks phant. what platform are you using sir? how did you identify that FTA? do we have a material or thread regarding FTA?
just zap through the tread to get more exampls... also you can go to mikes page for example and check out his charts that are pretty well structured and easy to read.

He has got a talent to teach complex stuff in a simple way.

Also please stop calling me sir, that makes me feel old ^^


http://www.forexfactory.com/search.php?searchid=5777856
Hero calls followed by margin calls...
  • #125,048
  • Apr 29, 2013 11:11am Apr 29, 2013 11:11am
Quoting magbabakal
thanks phant. what platform are you using sir? how did you identify that FTA? do we have a material or thread regarding FTA?
Hi Mag,


You can give a look at James16 and Mike Mbqb11 posts and charts, they are generally highlighted.

in two words, give a look at previous bar highs and lows... at areas where support turns resistance and resistance turns support

take care

edit : phanti was faster well done sir
Slow & steady
  • #125,049
  • Apr 29, 2013 11:20am Apr 29, 2013 11:20am
thanks phant and patapouer.

phant, the link you posted says invalid/session expired.
  • #125,050
  • Apr 29, 2013 11:21am Apr 29, 2013 11:21am
Quoting Touch Trader
Nice area to watch on the USDCHF daily chart. What do you think about it? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 29-04-2013 usdchf.png Size: 79 KB
Hero calls followed by margin calls...
  • #125,051
  • Apr 29, 2013 11:22am Apr 29, 2013 11:22am
Quoting magbabakal
thanks phant and patapouer. phant, the link you posted says invalid/session expired.
http://www.forexfactory.com/mbqb11 then click on the images number
Hero calls followed by margin calls...
  • #125,052
  • Apr 29, 2013 11:31am Apr 29, 2013 11:31am
Quoting PhAnTi'
{quote} {image}
What about a touch trade in this area ?
Financial markets aren't supermarket
  • #125,053
  • Apr 29, 2013 11:31am Apr 29, 2013 11:31am
Quoting PhAnTi'
{quote} http://www.forexfactory.com/mbqb11 then click on the images number
thanks!
  • #125,054
  • Apr 29, 2013 11:56am Apr 29, 2013 11:56am
Quoting Touch Trader
{quote} What about a touch trade in this area ?
why not if you are feelin well and familia doing so... I always try to avoid fighting the trend... this will bring you in trouble earlier or later....

Hero calls followed by margin calls...
  • #125,055
  • Apr 29, 2013 11:58am Apr 29, 2013 11:58am
Quoting PhAnTi'
{quote} why not if you are feelin well and familia doing so... I always try to avoid fighting the trend... this will bring you in trouble earlier or later....
Thanks.

But, how do you determine the trend?, If I look at the daily, it seems down / consolidation but weekly seems up.

what TF do you look in order to determine the trend?

Thanks!
Financial markets aren't supermarket
  • #125,056
  • Apr 29, 2013 12:22pm Apr 29, 2013 12:22pm
Quoting Touch Trader
{quote} Thanks. But, how do you determine the trend?, If I look at the daily, it seems down / consolidation but weekly seems up. what TF do you look in order to determine the trend? Thanks!
there are different ways to dtermine a trend.
You can attach trendlines or search for Lower Lows,Lower Highs ,higher lows or higher highs.

Trendlines : A ascending line presents a bullish ( rising ) market, a descending works vice versa. if you have s.th like a flat channel the market consolidates.

It is pretty complex to talk about trends in different timeframes. A M5 TF might be in a temporary bullish trend whilöe the weekly is in a strong downtrend. Then we do have trends in trends.

For the very beginning you should place your trades depending on the timeframe you are in.

Dont have time right now to post exampls...maybe s.o. other will do

best,
Jonas
Hero calls followed by margin calls...
  • #125,057
  • Apr 29, 2013 1:33pm Apr 29, 2013 1:33pm
Quoting mbqb11
{quote} Hey Dan I don't use any indicators myself. After awhile you know what they are going to say without being on your chart. For example MACD most use for divergence but after awhile you can spot that divergence quite easily without that indicator. So for me over the years I've just left my chart blank as it's easier to see what's going on for my mind. For me the best use of my time spent with DS was just getting a deeper understanding about markets(in general) as well as understanding what it is one is trying to do with their methods. I was...
MANY THANKS!
  • #125,058
  • Apr 29, 2013 2:56pm Apr 29, 2013 2:56pm
gbp aud ?
Attached Image (click to enlarge)
Click to Enlarge Name: gbp aud d1 outside 29-4-13.png Size: 27 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #125,059
  • Apr 29, 2013 2:58pm Apr 29, 2013 2:58pm
GBPAUD:

On my chart this is not engulfing or inside bar however ppz-EMA150-EMA200-1,5BRN "multi confluence" and divergence on H4 can be a very strong point to sell.
Any openions guys?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpaud multiconfluence d1.gif Size: 17 KB
Click to Enlarge Name: gbpaud divergence h4.gif Size: 18 KB
  • #125,060
  • Apr 29, 2013 3:06pm Apr 29, 2013 3:06pm
Quoting Bones
gbp aud ? {image}
Hey Bones,

On your chart the bar is engulfing so......
There is space for the trade.

EMA200 + EMA150 + 1,5BRN + Divergence on H4.


If I can remember well from my "absolute beginner" learning period of this method, this can be the moment when James16 starts to smile.
46 traders viewing now