james16 Chart Thread | Page 6514 | 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

  • #130,261
  • Mar 19, 2014 10:33am Mar 19, 2014 10:33am
Quoting Dinta
{quote} thanks Mike, that was awsome. i took another look at your analysis and that PPZ level does makes the difference here. am pretty sure u've got a 3rd eye ...
Thanks D

Just time and practice though. Nothing overly complicated. Keep your approach simple and be logical

Mike
  • #130,262
  • Mar 19, 2014 11:13am Mar 19, 2014 11:13am
Quoting LamerTrader
Hey guys. Been some time, since I last visited this forum, but i will never forget that you guys gave me so much. I guess it's time for me to give it back. I will start posting soon. Take care. Stephen

Hey buddy! good to see you back here!
Slow & steady
  • #130,263
  • Mar 19, 2014 11:49am Mar 19, 2014 11:49am
Quoting patapouer
{quote} Hey buddy! good to see you back here!
Thanks Patapouer, it's nice to see you guys too
I will set up my charts during the weekend and I will start posting.

Cheers,
Stephen
It's all psychology...
  • #130,264
  • Mar 19, 2014 1:39pm Mar 19, 2014 1:39pm
Quoting mbqb11
{quote} I hear ya Jonas, it wouldn't be the first convert we got so i don't mind helping anyone as long as they are respectful to everyone Here is a trade I just closed Nice big buob closing over major PPZ at parity. Pretty simple took a retrace trade here these are my PF charts of course Hope all is well my friend Mike {image} {image}
Hi Mike!

Why did you place a buy order at resistance?

best regards
Thomas
  • #130,265
  • Mar 19, 2014 3:26pm Mar 19, 2014 3:26pm
A trade I am in...

the initial trigger was the BUOB, I had a breakout entry which didn't trigger.
then, the pin formed as an IB to the BUOB, I entered at the brk of the pin.
the pair has moved, I have moved my stops from below the BUOB to below the pin. Lets see how today closes.
I intend to ride this one up to 1.1242 based on the monthly....
thoughts are welcome

rgds
Dinta
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadweekly.png Size: 30 KB
  • #130,266
  • Mar 19, 2014 3:36pm Mar 19, 2014 3:36pm
another trade I am in....
the pin was the trigger, b'cos it closed above the BRN.
I should have optimized my entry at the brk of the second pin/IB which closed above the BRN also.
after the pair triggered, and I moved my stops from below the pin.
I intend to monitor this one closely as there is a big BEOB in the monthly.

thoughts pls..... anyone......???
Attached Image (click to enlarge)
Click to Enlarge Name: eurnokweekly.jpg Size: 119 KB
  • #130,267
  • Mar 19, 2014 5:58pm Mar 19, 2014 5:58pm
hi everyone. thats my trade and first chart for this thread. BEOB or pinbar with two days. also there is divergence. and H1 BEOB all situations okey for me.

NZD-USD daily

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.03.20_00h45m52s_001_.png Size: 48 KB


NZD-USD H1
Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.03.20_00h50m56s_002_.png Size: 32 KB
  • #130,268
  • Mar 19, 2014 6:11pm Mar 19, 2014 6:11pm
and other one i trust first pinbar with div.. enter acording to that. but nearly done.

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.03.20_01h07m33s_005_.png Size: 39 KB
  • #130,269
  • Mar 19, 2014 6:48pm Mar 19, 2014 6:48pm
EUR-GBP that i am waiting confirmation to enter.

Daily

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.03.20_01h33m05s_006_.png Size: 57 KB

This is weekly support and resistence levels density last 350 weeks and 2 fibo levels

weekly

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.03.20_01h46m23s_008_.png Size: 37 KB
  • #130,270
  • Mar 19, 2014 6:50pm Mar 19, 2014 6:50pm
Didn't see the USDCAD BUOB from yesterday mentioned. Bounce off of 1.10 would have been even better but it was a fairly large bar engulfing the range preceding it. "Dirt simple folks" :o)
Attached Image (click to enlarge)
Click to Enlarge Name: usdcaddailybuob-march19th2014.png Size: 33 KB
Price is beautiful. A repetitive method is a competitive method.
  • #130,271
  • Mar 19, 2014 7:07pm Mar 19, 2014 7:07pm
aud-cad stop order here. SL is tight because of weekly outlook.

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.03.20_02h03m50s_009_.png Size: 40 KB
  • #130,272
  • Mar 19, 2014 7:15pm Mar 19, 2014 7:15pm
Quoting mbqb11
{quote} some of the stuff you say is actually very true. Some of it couldn't be further off I will say a few things. But if you don't keep your posts constructive I also won't allow flaming in this thread. Do most people fail. ABSOLUTELY. This is a business like any other and I agree I think more then 95% are failing in retail trading. You are DEAD right about that. Why? It's a TOUGH business with many hurdles, and most don't treat it like a business and are doomed if they don't. Do people trade profitably YES. Here is a little secret. Most that...

I am glad you are being honest and you are saying that you DO NOT TRADE for a living... At least you are honest in that specific point, not like others...

You just trade for fun, and place a trade from time to time... TRADING doesn't move your clock at all, in terms of income. You have other ways of income that support you financially, and that is NOT FOREX.

You are probably one of the James16 guys with more "so called experience" with this gambling strategy, and YET not even you can do a living with FOREX. What is left to the other 99.9% of guys that have FALSE HOPE to become one day a trader for a living. 99.6% lose money anyways, so...

On a side note: You cannot live with 100K in NYC?? That's not true. NYC is not among the most expensive cities in the world. Try Tokyo or London. I still can't understand why those british are so expensive.

When I opened my BET, I put the barrier very very low... Only 3K per month, and nobody could take it.

BTW, why do you guys (you and DIALLIST) have Donald Duck characters in your avatars?

Ciao.
The Black Swan: The Impact of the Highly Improbable
  • #130,273
  • Mar 19, 2014 7:30pm Mar 19, 2014 7:30pm
another stop order. lower TL, divergence and pin bar combination. very low risk trade because of down momentum.

CAD-CHF weekly

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.03.20_02h16m14s_010_.png Size: 40 KB


Daily

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.03.20_02h25m58s_011_.png Size: 42 KB
  • #130,274
  • Mar 19, 2014 7:55pm Mar 19, 2014 7:55pm
Quoting devcast
{quote} Hi Mike! Why did you place a buy order at resistance? best regards Thomas
Hey Thomas

This was a retrace entry. The BUOB closed above the PPZ at 1.00. So it was a buy at support rather than at resistance

Let me know if that makes sense

Again this was a continuation buob which are trickier than the traditional location we want you guys to learn a buob at(which should be a swing low). I like to show a variety of things so people can see what they can build towards

Let me know if that helps
Mike
  • #130,275
  • Mar 19, 2014 8:14pm Mar 19, 2014 8:14pm
Quoting nwo-trader
Didn't see the USDCAD BUOB from yesterday mentioned. Bounce off of 1.10 would have been even better but it was a fairly large bar engulfing the range preceding it. "Dirt simple folks" :o) {image}
i think that time to watch 1.1235 level bro
Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.03.20_03h09m05s_012_.png Size: 31 KB



Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.03.20_03h14m47s_014_.png Size: 28 KB
  • #130,276
  • Mar 19, 2014 8:25pm Mar 19, 2014 8:25pm
and last one divergence pinbar trade sell stop order.

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.03.20_03h22m40s_015_.png Size: 45 KB
  • #130,277
  • Mar 19, 2014 10:50pm Mar 19, 2014 10:50pm
Quoting mbqb11
Again this was a continuation buob which are trickier than the traditional location we want you guys to learn a buob at(which should be a swing low). I like to show a variety of things so people can see what they can build towards Let me know if that helps Mike
Thank you for confirming that point. I was getting confused seeing several members over the past few days posting BEOB or BEOB bars that were not at swing points.

BTW: would you mind taking a look at Post No. 130,187. No one ever answered my question as to whether that was a legitimate swing-low position. I do not refer to the quality of the trade, only whether the position qualifies as a legitimate swing-low. Thank you.

  1. Post 130,187

Forex is for the lifestyle.
  • #130,278
  • Mar 20, 2014 2:15am Mar 20, 2014 2:15am
Quoting Tail Gunner
{quote} Thank you for confirming that point. I was getting confused seeing several members over the past few days posting BEOB or BEOB bars that were not at swing points. BTW: would you mind taking a look at Post No. 130,187. No one ever answered my question as to whether that was a legitimate swing-low position. I do not refer to the quality of the trade, only whether the position qualifies as a legitimate swing-low. Thank you. Post 130,187

Hi TG,

Don't take my word for it, but looking at that chart, i'd say that the pinbar 2 bars before your buob is a minor swing.
I dont think the BUOB is at a swing, rather it is it's own swing.

I think it happens quite often that a pin forms a swing and a BUOB brings the momentum, without being at a swingpoint.
So this one could still be a valid trade, just ask yourself if it has the quality you seek in a setup.


Best of luck!
W
It's a sport, an artform and a science.
  • #130,279
  • Mar 20, 2014 3:54am Mar 20, 2014 3:54am
Quoting Dinta
A trade I am in... the initial trigger was the BUOB, I had a breakout entry which didn't trigger. then, the pin formed as an IB to the BUOB, I entered at the brk of the pin. the pair has moved, I have moved my stops from below the BUOB to below the pin. Lets see how today closes. I intend to ride this one up to 1.1242 based on the monthly.... thoughts are welcome rgds Dinta {image}
Quoting nwo-trader
Didn't see the USDCAD BUOB from yesterday mentioned. Bounce off of 1.10 would have been even better but it was a fairly large bar engulfing the range preceding it. "Dirt simple folks" :o) {image}
I'm in USDCAD too but since monday last week. Entered based on BUOB. Already at break even. Target at 1.1330 based on weekly.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-03-20 at 09.54.02.png Size: 86 KB
Click to Enlarge Name: Screen Shot 2014-03-20 at 09.56.29.png Size: 74 KB
  • #130,280
  • Mar 20, 2014 4:23am Mar 20, 2014 4:23am
approaching 20.000 o.O

Attached Image (click to enlarge)
Click to Enlarge Name: silver_h4_200314.png Size: 38 KB
Hero calls followed by margin calls...
50 traders viewing now