james16 Chart Thread | Page 6715 | 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

  • #134,281
  • Apr 13, 2015 1:14pm Apr 13, 2015 1:14pm
Quoting james16
trading with common sense and low risk. go spend some chart time and look for other examples. {image}

Just like the posts at the beginning fifty or so pages of this site. Excellent stuff Jim, the quality and simplicity is still there - and it still works.
New guys please note: study this stuff and demo -it's worth the hard work.
every Saint has a past. Every Sinner has a Future
  • #134,282
  • Apr 13, 2015 1:14pm Apr 13, 2015 1:14pm
the breakdown of membership will be in keeping with what we have tried to do for 10 years. we will be fair and most important thing will be keeping traders from a zero account balance.
  • #134,283
  • Apr 13, 2015 1:23pm Apr 13, 2015 1:23pm
The live calls sounds excellent James. Especially something to build confidence. I also like the fact it can be catered to us guys currently with regular jobs. Higher time frames is something I'm sticking to just now of course.

I also have a question for Kevin about the options course. You mentioned you use the platform TOS. I only really know what I've checked out from the guys at Tastytrade. Is this an options "methodology" you subscribe to? Non directional trades, ITM-OTM, probabilities calculator etc?

Cheers!
  • #134,284
  • Apr 13, 2015 1:40pm Apr 13, 2015 1:40pm
Quoting rdv
I also have a question for Kevin about the options course. You mentioned you use the platform TOS. I only really know what I've checked out from the guys at Tastytrade. Is this an options "methodology" you subscribe to? Non directional trades, ITM-OTM, probabilities calculator etc? Cheers!
Thanks for the question rdv. Yes I will be using (& teaching the TOS platform). My CORE trades will be 90% non directional, theta positive type stuff, with the occasional mix of earnings plays and super small directional trades (10%). My focus is going to be on safety, simplicity, and consistent profitability geared to traders who can NOT watch the charts intra-day.
  • #134,285
  • Apr 13, 2015 1:51pm Apr 13, 2015 1:51pm
Quoting kevins
{quote} Thanks for the question rdv. Yes I will be using (& teaching the TOS platform). My CORE trades will be 90% non directional, theta positive type stuff, with the occasional mix of earnings plays and super small directional trades (10%). My focus is going to be on safety, simplicity, and consistent profitability geared to traders who can NOT watch the charts intra-day.
Thanks for the reply Kevins. Sounds great, looking forward to it!
  • #134,286
  • Apr 13, 2015 1:58pm Apr 13, 2015 1:58pm
Quoting james16
trading with common sense and low risk. go spend some chart time and look for other examples. {image}
Nice to see these charts again. I must have read the first 50-100 pages a 100 times just to get inspired by your charts Jim. Thanks
  • #134,287
  • Apr 13, 2015 2:10pm Apr 13, 2015 2:10pm
Quoting james16
trading with common sense and low risk. go spend some chart time and look for other examples. {image}

We need moar!!!!
  • #134,288
  • Apr 13, 2015 2:53pm Apr 13, 2015 2:53pm
Quoting zamfir
{quote} We need moar!!!!
Hey Z,
Your charts are pretty damn good.
  • #134,289
  • Apr 13, 2015 3:08pm Apr 13, 2015 3:08pm
Quoting Winston Reed
{quote} Hey Z, Your charts are pretty damn good.
LOL. Not as good as the master. I like how jim day trades using a daily chart. That is where i am trying to get..
  • #134,290
  • Apr 13, 2015 3:51pm Apr 13, 2015 3:51pm
Nice bearish engulfing on EURGBP daily, out of the small range, ready to continue the ride down.
Attached Image (click to enlarge)
Click to Enlarge Name: 1a598dbb3601a4facf7da27c711f6aa6.png Size: 14 KB
  • #134,291
  • Edited 5:08pm Apr 13, 2015 4:18pm | Edited 5:08pm
OIL H1. Update. Hit TP1 at first TA. Moved stop to break even as per my plan. Free trade from here and letting profits run.

Sure, only small profit locked in, and a new way to trade for me, but i like it and i'm thinking like a 'big' acct. holder. Thanks Jim.

EDIT: Stopped out at BE. That's fine by me. Small profit still banked.

Attached Image (click to enlarge)
Click to Enlarge Name: OILUSDH1.png14415.png Size: 34 KB
'Fail to plan, plan to fail'
  • #134,292
  • Apr 13, 2015 4:28pm Apr 13, 2015 4:28pm
Quoting deankenny21
Guitarbloke, NZDCAD 4Hour
Thanks Dean. I've been watching this pair. I'm tempted, but i'll wait for PA to come down a bit lower and a bigger PB or PA signal. I have a habit of jumping in to pin bars that aren't screaming out at me to trade, and this one doesn't even though it may well take off north. I'm just not quite convinced as it has room to fall a little further yet.

(I'm still in on EUR/GBP. Nice to see that daily BEOVB). G

Attached Image (click to enlarge)
Click to Enlarge Name: NZDCADH4.png14415.png Size: 38 KB
'Fail to plan, plan to fail'
  • #134,293
  • Apr 13, 2015 4:38pm Apr 13, 2015 4:38pm
Yes, the EURGBP I am already short in from my supply/demand method, but I that bearish engulfing just looks lovely
  • #134,294
  • Apr 13, 2015 4:56pm Apr 13, 2015 4:56pm
Quoting james16
the breakdown of membership will be in keeping with what we have tried to do for 10 years. we will be fair and most important thing will be keeping traders from a zero account balance.
Will the trade calls be available for all or for those who are lifetime members only ?

Take care
Dan
  • #134,295
  • Apr 13, 2015 4:56pm Apr 13, 2015 4:56pm
Hey Guys,


Any thoughts on the EUR/USD? It's gently approaching 1.05


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 48 KB
  • #134,296
  • Apr 13, 2015 5:01pm Apr 13, 2015 5:01pm
Hi CodeKid, best to wait for PA around this level, ideally with the downtrend would be nice to have a break and close below with a retest showing some nice rejection.
  • #134,297
  • Apr 13, 2015 5:10pm Apr 13, 2015 5:10pm
Quoting deankenny21
Hi CodeKid, best to wait for PA around this level, ideally with the downtrend would be nice to have a break and close below with a retest showing some nice rejection.
Sure that makes sense than to just try and force the trade. Lets see where price takes goes
  • #134,298
  • Apr 13, 2015 5:25pm Apr 13, 2015 5:25pm
Quoting codekid
{quote} Sure that makes sense than to just try and force the trade. Lets see where price takes goes
That's it, you got the idea
  • #134,299
  • Apr 13, 2015 5:29pm Apr 13, 2015 5:29pm
Quoting codekid
Hey Guys, Any thoughts on the EUR/USD? It's gently approaching 1.05 {image}
EUR/USD Monthly. Sure looks like a key level Codekid. I will wait for PA to show me the way. This could mean waiting for a retrace higher then looking for PA at a swing high to go short, or if price breaks support, i will wait for a retest and PA to go short. G

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDMonthly.png14415A.png Size: 26 KB
'Fail to plan, plan to fail'
  • #134,300
  • Apr 13, 2015 5:36pm Apr 13, 2015 5:36pm
just a 30 year thought for yall. SUCCESFUL trading has a ton to do with learning when price is at a point where a drawdown is as small as possible after your choice of entry. that has everything to do with support/res and big round numbers. most traders never get past this point. who can enjoy watching your account go down 5 to 10 percent every time and then hoping for a correction? that's not fun that's TORTURE. What's fun is knowing almost for certain your going to get a chance at a profit. that's how I can go 41 trades in a row without losing. I know what that looks like on a chart. its really that simple and its def something anyone can learn.
52 traders viewing now