Disliked{quote} Great churts Buddy, please keep posting, I learn a lot from themIgnored
jon
PATIENCE... DISCIPLINE
Where can I learn more about Price Action like those in James16 charts? 9 replies
Disliked{quote} Great churts Buddy, please keep posting, I learn a lot from themIgnored
Disliked{quote} good stuff jarroo. cheers. i bet your watching the 2.0000 price today with interest ! this has been a fantastic move with lots of entry possibilities. im liking your method more and more lol. It is also a great method to help me when to decide to try and hang on for the runners from my lower TF entries. have you used it much in the lower TFs?? jonIgnored
Disliked{quote} It was nice to see the birth of a strong uptrend and see it go to the moon . .These are not rare event in the market. They happen alot just in different patterns. I wasn't able to hold on to it to the 2000 (darn it) and I missed some great re-entry levels too . .(double darn it) .
. . it happens. Here's the last of the videos I did on the GbpNzd . .the how and why I got out when I did . .
Jim 5-13-13 . . http://rapidshare.com/files/17485399...20part%201.wmv http://rapidshare.com/files/24972661...20part%202.wmv...
Ignored
Disliked{quote} good stuff jarroo. cheers It is also a great method to help me when to decide to try and hang on for the runners from my lower TF entries. have you used it much in the lower TFs?? jonIgnored
Disliked{quote} thanx again. Its easy to hold onto a small portion of the trade if its a demojust closed my last entry though and rearangted my stops for the other 2 parts. Looks to me like its well over due some retracement, i have its ave, monthly range as 150%!! lol, it only the 12th ! i have divergence also. hope 1.9600 holds up...?? jon p.s. Ghous!!.....
Ignored
Disliked{quote} Jarroo, You are the man. You were one of the first people to help me on this forum 4-5 years ago. Thanks for all you do.Ignored
Disliked{quote} Your chart looks good, joe . . here's mine. . . Price has Closed below some LCS levels and we would look to these levels now as Resistance. Would have like to see a stronger close below that trend line to give a more bearish bias . . 96.31 ..Past HCR . . looks to be acting as Resistance right now . .. .let's see if it holds has Resistance, meaning will a Hourly Close above the 96.31? or a 4 Hour close above? .If it does not hold as Resistance . . let's look at the 96.73 and 96.95 to hold as Resistance. Jim {image}
Ignored
Disliked{quote} Thanks for your answer! I'm not sure if I got it right. Using, for example, only the daily TF and enterig "blindly" on the retrace to the level can be risky and to reduce the risk I can wait on a lower TF (1H) for PA or a signaure (a bar which touches and doesn't close above/below the LCS/HCR level) and after that place my order, as usual, at the level or at the close of the 1H signature bar with SL above/below the Daily PBT&C B/A. Is it correct or did I misunderstand something? Took this trade today on EUR/USD but without waiting for...Ignored
Disliked{quote} That is a beautiful trade. Jarroo calls these special HCR levels as "Dual action areas" because you have two HCRs lining up on the same price level, obviously adding to the strength of the level. Notice also that the pull back to the HCR also marks the pull back to a former consolidation box that price seems to have broken through. Some people were inquiring about the breakout bar as a possible fake out setup (over pm and e-mail) because it couldn't close above the HHR and straight away my answer to it was that its a poor bearish fake...Ignored
Disliked{quote} You need give ur self some credit Jim. Great vids of basics behind Support and Resistance. Funny thing, this and proper money management is really only things one might need to be successful in this business. And of course psychology part, which i found the hardest to graspHope the guys which are at beginning watch this videos over and over again. Thank you for sharing
Ignored
Disliked{quote} Thank you! this makes much sense! and thank you greatly for your videos!Ignored
DislikedSome cute lil agresive trade from today lol. On close of the previous bar, some cool reaction from HCR level, 103. round number and great trend line. And the best part, closing below all of themBAAM {image}
Ignored
Dislikednice entry on EURUSD .... moved my stop under the PBT low. edit: oh sorry under the low of my entry candle. {image}Ignored
Dislikedi took my full profit here on EURUSD ... if USDCHF will break this level down will look what to do next. {image}Ignored
Disliked{quote} Hourly SFP, Steve . .let's see if she holds . .. .AudUsd Jim {image} {image}
Ignored
Disliked{quote} Interesting that the WHCR and the weekly SFP are very close. {image}Ignored