Mine is freezing temp.. ![](https://resources.faireconomy.media/images/emojis/64/1f641.png?v=14.0)
![](https://resources.faireconomy.media/images/emojis/64/1f641.png?v=14.0)
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedFor me this is a beovb on possible small retracement with trend. I would have preferred the retracement to the 1.93 or 1.94 area however a peek at the 4 hour chart suggested a small breakout at around 1.84. I may take this on the 4 hour at 1.84 with tp of 1.8250. Good for a c trade on my practice account.Ignored
DislikedHere is a Usd/cad trade i took earlier today...
Looking at the 4H chart i wanted to catch any breakout from the 1.19 zone realzing the strong mood the bears were in, i jumped on to the 1H (which i do very rarely) to get a better look and a possible early entry.
Seeing the IB i placed a pending order a few pips below the low of it, price hit my pending order and then shot straight up to break the high of the IB thus invalidating it compeletely.
I consider myself fortunate to have thought really well on that instance though. I was eyeing the area circled on this 4H chart as the key area for resistance and and perhaps the willingess of price to test it hence placing my stop just above it,...Ignored
DislikedDude,,
Ur doing LIVE or just demo...??
If u r still doing demo, i suggest u to step into real stuff than reel action...
as u can do 101 types of analysis/long essay in ur demo..and thing can turn diff in LIVE...
Jus a suggestion....
SonicIgnored
DislikedI do. but I prefer not to post it here as it seemed to cause some divergence in the thread.
I had 2 longs this morning. & have now sold @ resistance.
I only do this on the euro & pretty much the same as Ryan.
Just a quick short as I am expecting a breakout long.
so here is my chart just cause someone asked for one
edit... stop to beIgnored
DislikedDude,,
Ur doing LIVE or just demo...??
If u r still doing demo, i suggest u to step into real stuff than reel action...
as u can do 101 types of analysis/long essay in ur demo..and thing can turn diff in LIVE...
Jus a suggestion....
SonicIgnored
DislikedDude,,
Ur doing LIVE or just demo...??
If u r still doing demo, i suggest u to step into real stuff than reel action...
as u can do 101 types of analysis/long essay in ur demo..and thing can turn diff in LIVE...
Jus a suggestion....
SonicIgnored
DislikedDemo as if theres no tomorrow untill u start to profit on regular basis
going live Before that.. IS GREAT 4 us!( WE WILL HAVE UR MONEY IN NO TIME)Ignored
DislikedJust another way, I am in this I played it as a breakout + pullback on the 4hrIgnored
DislikedHello to everyone
I have a question about bullish and bearish vertical outside bars. They only signal a continuation of a trend?, or is a signal to enter?. Anyone has checked a bulish BVOB on the daily EUR USD?.
Please check it out and let me know about it. Resistance to enter, also match 38.2 Fib Retracement from Oct 2000 to July 2008. A break of 1.3050 would be a signal to enter... what u all think about that trade?
Best wishes
WPIgnored
Dislikedhi mike.
sorry, old post. But you entered here at the line itself or PA in smaller TF?
thanks in advance.Ignored
DislikedGhous,
nice trade on the the U/C. I see that you went down to the 1 hr Tf to time your entry. Would you have considered playing it as a breakout-pullback-continuation trade on the 4 hr chart? This is how I like to play breakout trades, and I got a nice one on the Gb/Aud yesterday.
Anyway nice trade and great chart with comments. Keep them coming dude!
bertIgnored
DislikedDemo as if theres no tomorrow untill u start to profit on regular basis
going live Before that.. IS GREAT 4 us!( WE WILL HAVE UR MONEY IN NO TIME)Ignored
DislikedI was looking at the GBPUSD last night while checking out racekfx's 1hr R-db thread on the J16 private forum and posted this to my journal over there......just drilling down to the 1hr looking for a possible trend reversal or entry point....no trade in place at the moment as I'm very wary about picking a bottom but very interesting nonetheless.
The chart grab was taken last night, my time and price has moved up a bit since then.
Price is retesting the 78.6% Fib from the move Northwards starting from May 2001...Ignored