Disliked{quote} any surprise to see the $80 mark hold? Stock, forex, commodities, all that matters is price and it's that simple {image}Ignored
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james16 Chart Thread
- #128,623
- Nov 7, 2013 3:52pm Nov 7, 2013 3:52pm
- Joined Sep 2006 | Status: Trader | 10,704 Posts
Who said Revision never paysRe-reading this thread from page one (again) it is amazing the little nuggets of information one acquires. On page 17 or 18 I read Jims description of Daily (punch) bars (my label). If price closes at extreme of daily price bar then the chances are that you can glean 20 or so pips from such a "punch" into the following days price bar. Looking through a few charts one finds this is so. Worth a bit of testing methinks
Example Chart {image}
every Saint has a past. Every Sinner has a Future
- #128,624
- Nov 7, 2013 6:38pm Nov 7, 2013 6:38pm
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
{quote} {quote} Still quite a few hours left before the daily close. Some of these look really interesting. The EUR/NZD in particular due to the 1.600 BRN confluence. g.
g.
I believe . . .
- #128,625
- Nov 7, 2013 6:47pm Nov 7, 2013 6:47pm
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
hey Ghous, {image}
I was really hoping for a stronger close on this one. The close as is, makes it fairly vulnerable to the prior holdup (consolidation box) at the swing low.
I certainly wouldn't want to long straight off the daily fake out. At best, maybe wait for a 4H confirmation of the holdup of the LLS and a good close above the very close by FTA.
g.
I believe . . .
- #128,628
- Nov 8, 2013 7:46am Nov 8, 2013 7:46am
- | Commercial User | Joined Aug 2006 | 12,004 Posts
non traditional trade i've mentioned a few times in this thread. I call them wick plays. Path of least resistance to fill the wick if location is right
Here was my euro wick fill
Mike
Here was my euro wick fill
Mike
- #128,629
- Nov 8, 2013 9:03am Nov 8, 2013 9:03am
non traditional trade i've mentioned a few times in this thread. I call them wick plays. Path of least resistance to fill the wick if location is right Here was my euro wick fill Mike
I read your explanation on wick plays. Could this trade in USDCHF be qualified as a wick play?
Posting Demo charts, mirroring some of them live.
- #128,630
- Nov 8, 2013 9:54am Nov 8, 2013 9:54am
- | Commercial User | Joined Aug 2006 | 12,004 Posts
{quote} Hello Mike, I read your explanation on wick plays. Could this trade in USDCHF be qualified as a wick play? {image}
- #128,631
- Nov 8, 2013 11:00am Nov 8, 2013 11:00am
- | Commercial User | Joined Aug 2006 | 12,004 Posts
happy bday to the man himself James16
His return is coming......(sounds like a movie)
Happy bday buddy
His return is coming......(sounds like a movie)
Happy bday buddy
- #128,632
- Nov 8, 2013 1:29pm Nov 8, 2013 1:29pm
- Joined Feb 2009 | Status: kiki soso largyalo | 2,243 Posts
happy bday to the man himself James16
would be great to see him back posting charts...
meine augen sind die sterne
- #128,636
- Nov 9, 2013 6:34am Nov 9, 2013 6:34am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
happy bday to the man himself James16
have a blast
g.
I believe . . .
- #128,637
- Nov 9, 2013 6:38am Nov 9, 2013 6:38am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
{quote} Hey G, I was really hoping for a stronger close on this one. The close as is, makes it fairly vulnerable to the prior holdup (consolidation box) at the swing low. I certainly wouldn't want to long straight off the daily fake out. At best, maybe wait for a 4H confirmation of the holdup of the LLS and a good close above the very close by FTA. {image} {image} g.
g.
I believe . . .
- #128,639
- Nov 9, 2013 7:31am Nov 9, 2013 7:31am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
Welcome back Jim... Happy Birthday to you...
The new site brings in quite a bit of cool stuff. Our beloved big guy too
g.
I believe . . .
- #128,640
- Nov 9, 2013 7:58am Nov 9, 2013 7:58am
- Joined Jan 2008 | Status: In Fibonacci We Trust | 2,397 Posts
Best to you and yours on your birthday Jim! Live it up!
K.I.S.S.
K.I.S.S.