I know James has stated that it is very difficult to code these as there is subjectivity involved but I think at least some of them could be.
Where can I learn more about Price Action like those in James16 charts? 9 replies
Quoting BemacDislikedThanks East,
I think I understand it a little better now.
Whatever it was, it was certainly a nice long entry.Ignored
Quoting BemacDisliked... I think at least some of them could be [coded].Ignored
Quoting eastmaelsDislikedHi kayoubi,
It's already a given for me what kind of person Jim is.
But anyway, going to your question. Just my take on this.
Waiting for a retracement means waiting for price to hit a retracement level (i.e., on the 38% level) to enter a trade.
Entering on a retracement is just one of the ways of (yes, you guessed it!) entering.
One can also enter when it breaks the pin.
Just to explain what it means when you say "breaks the pin"... in the attached chart, it means breaking the high of the pin bar (141.64) to the upside.
Anyway, I hope I've answered your question.
Regards,
EastIgnored
Quoting cologgDislikedWOW, what can I say.
I've just finished reading every entry of this whole thread and I am speechless.
To stumble upon this by complete accident and find the information provided is stunning. I am over the moon!!
It's been mentioned all the way through the thread but at risk of boring everyone again - James - you are the man!
Great people, great posts, great information.
I can honestlly say that I am addicted to this thread and will be joining the PF and I predict I will also become an addict of that.
I just cannot put into words what I have learnt here and am forever grateful.
This is the best, most honest and open thread I have ever read (any subject, not just trading - although I don't subscribe to any honesty threads so I might be wrong!)
Thank you.Ignored
Quoting IsotonicDislikedi stickied this thread to make life easier for the many people who come to FF looking for it.
again, if i've jumped the gun here please unsticky if required...Ignored
Quoting rp512DislikedI presently trade on MT4. I know that some brokers offer FX, metals and CFD's, I think they're called, with the MT4. Does any one know of a free platform to trade the different things James trades besides Trade Station. That platform is expensive.Ignored
Quoting Jon_ukDislikedHi rp512
I think somewhere on the forum it was said that Tradestation is free if you have a funded account with them. I'm not sure. You will have to search or ask in the main forum.
JonIgnored
Quoting sodavicaDislikedJames in novice in fx . Can u tell me where to start learning yours strategy.
Do u have an indicator for TS .
Regards,
StaneIgnored
Quoting eduDislikedYes, TradeStation is free if you open a real account with them (though you have to trade a minimum of 100 mini lots/month or 10 lots/month).Ignored
Quoting sodavicaDislikedJames in novice in fx . Can u tell me where to start learning yours strategy.
Do u have an indicator for TS .
Regards,
StaneIgnored
Quoting aliDislikedTHANKS JIM, i hope to keep sending these significant charts, I have a question, if you don't mind, are you able to give a perecntage of how much trusted are these rules?( double highs,double lows....etc?).
b.rgds
AliIgnored
Quoting sodavicaDislikedDoes this strat. based on bar patterns? ( Candlestick Patterns).
Is it somewhere collected expanation of them.
regards, StaneIgnored