james16 Chart Thread
Hey GJ Great to see you back and helping people, as always. You been busy with life? Here you go. {image}
{quote} Thanks timo . .S/L below the Low of the PBT&CA Bar or tighter if levels below the entry are given. Target are previous Daily High and Lows, RNs , BRNs . .I like the 1.3500 on this one. I would like to see Price follow this trend line up to the 1.3500. Jim {image}
. .EurAud.
Here is one I took because of the SPF and the M30 PB. Had that Bham effect to it, probably because of people who were short closing out before the 1.5000 VBRN. Got to love the swing points, the Div and the BRN. {image}
Hit the upper weekly7 level to the pip.Did not close below the SFP though so, I am not convinced. {image}
..where have we heard that before . .{quote} Interesting to see what happens when Swing Failure Patterns . . .Fail . When this bearish SFP failed or was invalidated on the UsdCad, it did go on a little upward run. I've see this happen many time when SFPs fail . .the main ingredient to their success is when they fail into Space . . .what-ya-know, trading into Space is important . .
{quote} Classic SFP, Steve . . .on the GbpUsd . .
Could someone critique my thought process here? PBT&CA previous resistance on daily timeframe:{image} Look for retracement and reaction at previous resistance now support on lower timeframe:{image} NOTE: im not taking this trade, Im far too inexperienced to be trading H1, just looking to see if im approaching it the correct way. Thanks
. .we'll see.
{quote} Thanks Jim I think the SFP is just like your methodology, all about the bigger SPs. By the way Jim, do you ever measure the swing in and swing out of one of your HCR or LCS levels?Also, I am wondering which has more weight to it, the SI or SO.
There are also key structural levels at Consolidation areas, Price Patterns , etc.{quote}ahha, thanx man. yeah mate. moved back to ole blighty so iv been busy getting sorted here. gonna try n get my time back in though. jus trying to keep my eye in till iv got time (n mony) to trade again. cant use my foriegn bank here...gonna av to start over
{quote} Its All about these Swing Points or key levels in the market with many methodologies i.e. . Mike (mbqb11), James16, etc.
{quote} I meant, the length of a move down to a LCS in pips and the also the length of the move away from the LCS before price retraces much. It seems that Tom, measures both of them, especially which is the shorter, the move down to a LCS or the move away from the LCS.
. .he's a great guy, for sure. 
