james16 Chart Thread | Page 7031 | 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

  • #140,601
  • Apr 22, 2017 9:10am Apr 22, 2017 9:10am
Quoting hendzwoter
Im stressed about everything. Sometime work sometime not. But old timers said it has at least 90% win rate. I think I lost the path.
You could do with a good beer dude. Having a celebratory one here too
Attached Image


But on a serious note; what is, "sometimes works sometimes not"? Every methodology has normal losses. Nothing is going to ALWAYS work. This is a fact and the faster you accept it the faster you will learn how to mitigate your risk accordingly and protect your capital.
You are fairly new, right? Don't beat yourself up.
  • #140,602
  • Apr 22, 2017 5:33pm Apr 22, 2017 5:33pm
Hi Hendzwoter.......re your BeOB on the EURNZD chart, I'm not sure I can see a trade there.
  • #140,603
  • Apr 22, 2017 8:52pm Apr 22, 2017 8:52pm
Quoting crowie
Hi Hendzwoter.......re your BeOB on the EURNZD chart, I'm not sure I can see a trade there.
Agree,if anything I see a bull flag in the making,wait for pa.
  • #140,604
  • Apr 22, 2017 9:15pm Apr 22, 2017 9:15pm
this is a trade I took last Friday AUDNZD on the D1 chart, I identified PPZ and trouble areas, however failed to take profit at FTA, only to see price retrace nearly back to entry level, hopefully price will retest level and move back up again. Seems to be the story of my trading not taking profit at FTA only to see price retrace to BE or SL

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD_D1_Pinbar_trade_210417.png Size: 18 KB
  • #140,605
  • Apr 22, 2017 11:32pm Apr 22, 2017 11:32pm
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZDQN1.075PPZ.png Size: 40 KB
  • #140,606
  • Apr 23, 2017 12:16am Apr 23, 2017 12:16am
trend is our friend guys, are these setups worth trading in the direction of the trend guys?...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audnzd.jpg Size: 80 KB
Click to Enlarge Name: euraud1.jpg Size: 108 KB
profitable trading does not mean trading everyday
  • #140,607
  • Apr 23, 2017 4:32am Apr 23, 2017 4:32am
Hi mates,
Thanks for responds.
On the weekly, we can see false break on the line that I make from the high (pinbar before it).

On the hourly, with the sam line you will see a pop thru setup already triggered so we can touch trade on it.

Hi mallee,
On hourly, the FTR already broken by the low from pop thru setup.

So now what do your opinion now....

I hope I on the right track.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_2017-04-23-16-24-31.png Size: 61 KB
Click to Enlarge Name: Screenshot_2017-04-23-16-24-47.png Size: 60 KB
RIP RTM
  • #140,608
  • Apr 23, 2017 4:43am Apr 23, 2017 4:43am
Attached Image (click to enlarge)
Click to Enlarge Name: Wn3pn.jpg Size: 274 KB
  • #140,609
  • Apr 23, 2017 4:45am Apr 23, 2017 4:45am
Attached Image (click to enlarge)
Click to Enlarge Name: c1a679a750ea9fb876f49d690fe95070.png Size: 128 KB
  • #140,610
  • Apr 23, 2017 5:08am Apr 23, 2017 5:08am
Quoting hendzwoter
Hi mates, Thanks for responds. On the weekly, we can see false break on the line that I make from the high (pinbar before it). On the hourly, with the sam line you will see a pop thru setup already triggered so we can touch trade on it. Hi mallee, On hourly, the FTR already broken by the low from pop thru setup. So now what do your opinion now.... I hope I on the right track. {image} {image}
On long term basis EURNZD is ready to go up to around 1.70 level
atheer1
  • #140,611
  • Apr 23, 2017 7:50am Apr 23, 2017 7:50am
Please show me your chart and your reason about what you say theer.
RIP RTM
  • #140,612
  • Apr 23, 2017 11:15am Apr 23, 2017 11:15am
Quoting richadi36
trend is our friend guys, are these setups worth trading in the direction of the trend guys?... {image} {image}
I dont see it on EurAud
RIP RTM
  • #140,613
  • Apr 23, 2017 1:27pm Apr 23, 2017 1:27pm
Quoting hendzwoter
Please show me your chart and your reason about what you say theer.
it is head and shoulder in formation on the monthly chart..............look at it carefully
atheer1
  • #140,614
  • Apr 23, 2017 2:48pm Apr 23, 2017 2:48pm
@ atheer1 can you post a chart i don't see the H&S; i'm waiting EUR/ NZD at 1.58 area

Attached Image (click to enlarge)
Click to Enlarge Name: eurnzd-d1-international-capital-markets.png Size: 27 KB


@hendzwoter of course that sometime work sometime don't; no one can have 100% win. This is a dream; you should look to have a great management and make more from the winners than the loosing trades. Was a great trader( i dont' remember his name now but he only win 5% of his trades and he made a lot of money
Just follow what James said in 1st post:
ON DAILY AND WEEKLY TIME-FRAMES, YOU ONLY DEMO-TRADE FOR THREE CONSECUTIVE PROFITABLE MONTHS IN A ROW. YOU DO NOT PROCEED TO STEP TWO UNTIL COMPLETED.
if i can add something to this would be you never take more than 3-5 trade a month( James said that too).

At the end i would to show a chart that i think has a lot of potential WTI daily; as you can see the price is in a divergence; i will wait until the price break the trendline with a PA( BEOB) , or break and come and retest with a pinbar or BEOB


Attached Image (click to enlarge)
Click to Enlarge Name: wti-m7-d1-international-capital-markets.png Size: 31 KB

sorry for my english
  • #140,615
  • Apr 23, 2017 4:18pm Apr 23, 2017 4:18pm
[quote=florinellz;9786174]@ atheer1 can you post a chart i don't see the H&S;

Attached Image (click to enlarge)
Click to Enlarge Name: 14.png Size: 41 KB


it is obvious that I was right..............up gap on euro pairs after french election results
atheer1
  • #140,616
  • Apr 23, 2017 5:05pm Apr 23, 2017 5:05pm
It gaped up.
RIP RTM
  • #140,617
  • Apr 24, 2017 10:04am Apr 24, 2017 10:04am
Quoting windofmarch
{quote} Yours is a good analysis; However, the area marked in crimson color has already rejected the price three times without any bearish price action; also the price leans on a level of s/r; I ask myself if this is the time of breackout. {image}
And the rally started
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD.mDaily.png Size: 36 KB
Frank
  • #140,618
  • Apr 24, 2017 11:46am Apr 24, 2017 11:46am
Many gaps.
RIP RTM
  • #140,619
  • Apr 24, 2017 1:46pm Apr 24, 2017 1:46pm
GBP/USD

If it closes under the close of the Inside Bar on April 19th, you need to think of a short one.
Anyway, it would also be a bearish engulfing bar.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 38 KB
Frank
  • #140,620
  • Apr 24, 2017 9:21pm Apr 24, 2017 9:21pm
I think I wanna make my own thread. About what I learn from this thread. But may be later.
RIP RTM
44 traders viewing now, 1 is registered:
Zojahamad