james16 Chart Thread

Hi Jonas,
what's the indicator you use to display the BRN and spreads on your charts.

thanks
Dinta

378x-379x retrace would be ok


J

I have followed the price of gold and silver quite closely for years. Unlike many precious metal analysts, many of whom now believe that gold and silver have already resumed their bull markets, I think that there is a pretty good likelihood of gold and silver rolling over and hitting new lows (or at least forming a triple-bottom) before reasserting their bullish super-cycles. If that happens, I will buy near the bottom and scale in at each retracement, move my stops to BE, and then ride that bull hard. It will most likely be a multi-year bull ride!

I know that thread members do not rely on many indicators, but gold is now forming within an Andrew's Pitchfork. I am now waiting for an ensuing roll over!

I am not too keen on shorting gold and silver, because those PM analysts might be right about a possible bull market resumption, plus there is a great deal of traffic on the way back down. I was really tempted to trade that recent daily BEOB in gold, but chickened out against the strong upward trend. A weekly BEOB is now forming in gold that appears quite tempting (if price continues downward for the remainder of this week).

If the market bottoms again, there will be very little downside risk. At that point, I really like my odds. Patience, patience, patience. Always patiently wait and look for that edge! Better said than done, in my case. I know the theory. I just need to develop the discipline.

Nicely formed 1hr PB on NZD USD, with divergence and off of .85 BRN, hitting my FTA so time to make some decisions (break even, partial profit, full profit, etc)

Thanks Jonas

Hey TG

Sorry I missed this, i have been slacking a bit on the public side here. Been so bou in a usy with the PF and creating the new site. I promise i'll pay more attention once things settle out!

This is not a true swing low but rather a sideways market. You can see when price isn't at a swing low and lack of space will put you in a box. THis will give you a better indication of the type of market you are in and then how to trade it and/or stay out

Hope that helps and if I ever miss a post (this goes for anyone) please just remind me and I promise to get to it
Mike

man this thread turned so quiet...

possible setup on NZDUSD forming




Best,
J

waiting for EURJPY to leave 150 pip box to trade either direction.



J

I'm watching GBPUSD for any sign of support around 1.65. Pondering if the monthly BUOB could still be in play on a retrace, it did make the highest monthly close since September 2008, closing above some previous resistance.

Hi everybody. NZD\USD .

My thoughts on the NZDUSD

EUR/JPY

DAX 30

Looks like the bears might be in control of Gold for the next little while.

Potential scenario....EURAUD has broken an ascending TL and looks like it is headed to recently strong support at the PPZ located at BRN 1.5000. If price can trade strongly below that area a drop to 1.4500 could be in the cards.

#Mike (mbqb11)

Hi Mike!

Do you trade those 700 stocks you watch on the weekly timeframe right? (I suppose you look through those charts during the weekend.)
How many trades do you take on these weekly charts / month or / year?
(A friend of mine wants to do something similar - so just asking )

Cheers,
Stephen

Hi guys!

Many of you might have been looking for this:
A collection of all the charts uploaded by james16 to the FF site.
Many of them are A++ setups. The greatest resource to learn the james16 foundation.
Have a nice Sunday! Go out and enjoy the amazing weather.



Cheers,
Stephen

Seeing the unequal number of downloads:
You need to download ALL the rar files, and then extract them into 1 file. (With winrar, for example)

Attached Image (click to enlarge)

You bet I was looking for this!
Thanks a lot for compiling this!!

W

I will short NZDUSD.

Weekly pinbar right below supply level with a lower high forming.
I need to risk around 150 pips to aim for 400-500.





heads-ups welcome!

Best,
J

or just check out his file overview on ff..

http://www.forexfactory.com/search.php?searchid=8980491