you were right.... nice move there.. hope someone is enjoying it
![](https://resources.faireconomy.media/images/emojis/64/1f923.png?v=14.0)
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedCan someone please explain an I4B pattern to me. I allows thought it was 3 subsequent candles all of which are inside the range of a larger mother candle (the one marked with arrows).
Have I got it wrong?
Steve.Ignored
Dislikedhi everyone..i am a bit lost here..
I've been looking for some more information about james16 system, like instructions ,explanation, rules about the whole system but all i can find is only charts..is there any other topic about this system telling trade setups and exactly what to look for o entries and sl's..
any help will be appreciated..Ignored
Dislikedhi everyone..i am a bit lost here..
I've been looking for some more information about james16 system, like instructions ,explanation, rules about the whole system but all i can find is only charts..is there any other topic about this system telling trade setups and exactly what to look for o entries and sl's..
any help will be appreciated..Ignored
DislikedThe first 20-40 pages of this thread go into great detail outlining the instructions, explanation, and rules of the system. Also included are examples (charts). That's where I started and I've learned a ton since then. Start with Daily and Weekly charts,as those provide the strongest setups. Once you've gone through those pages, feel free to ask any questions about the strategy. And Welcome!
JoshIgnored
DislikedHi all,
If this 4 hour bar closes as a pin I am thinking about taking it (demo only). It's pierced the 1.2719 level and I would think about shorting underneath 1.2672 (another s/r level).
Would I be right in thinking the next level that could cause trouble would be around 1.2640?
What do you guys think?Ignored
DislikedHow is it that you you can know in your heart the right way to do something, but manage to screw it up over and over?Ignored
DislikedThoses "B'" and "C" trades do work out sometimes, Ray. Tough to see them run when you don't trade them. Funny once I stop taking them, they work. lolIgnored
DislikedDidn't close as a pb on my IBFX feed, but a decent place to be looking for PA on the 4h. The area had proved support over the last couple of weeks, so we could have expected it to act as resistance now. Not the strongest of PPZs when zooming out to the daily, but it had some potential. Ah well, on with the waiting...
ChrisIgnored
DislikedHow is it that you you can know in your heart the right way to do something, but manage to screw it up over and over?Ignored
DislikedThoses "B'" and "C" trades do work out sometimes, Ray. Tough to see them run when you don't trade them. Funny once I stop taking them, they work. lolIgnored
DislikedThat can either sound as a accusing statement directed at some of the members here, or a plea for help! lol
There are many on this thread who can describe the psychological barriers much more eloquently than I, but allow me to rant for a moment in the hope it may help. Imagine you have a trading account with $100k in it. Now, if stuck to only taking the best possible setups throughout the month and came away each month with 4% profit, would $4k per month be enough for you to live on, and perhaps leave some to build up in your trading account?...Ignored