DislikedHey Y
Looks like a lot of consolidation right now
Here is my chart
MikeIgnored
Nothing personal,just business
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHey Y
Looks like a lot of consolidation right now
Here is my chart
MikeIgnored
DislikedWELL ,
Here it is . Like I said , ALL of the Jarroo's methodology[b][size=3] from start to the last step that is too the point and sufficiently detailed . This is all that you will need to get started . After going through it enough times that you have memorized its content by heart , Go through as many Jarroo's charts as Possible to gain experience and variety ...
Seniors , Please have a look and see if you disagree with something .
Newbie , Just have it . [size=2]
Those...Ignored
DislikedHey Chanya
i have one question. Do we get out when the Bar closes under the HCR or do we wait until Price hits SL or BE level?Ignored
DislikedHey Y
Looks like a lot of consolidation right now
Here is my chart
MikeIgnored
DislikedChanya,
You did a great job. I very much appreciate your compilation of Jarroo's. Your PDF is exactly what I'm trying looking for - A TRADING PLAN. I think a lot other newbies are also waiting for another PDF on Traditional J16's to be shared by you based on your excellent summary.Ignored
DislikedHey Chanya, I'm new here, but I have spent a lot of time reading in the <bg>. I read through your price breaks through pdf and just want to make sure I haven't missed anything.
Basically, your just identifying PPZ's, waiting for a breakthrough, and then buying the pullback. Correct?
And then for the trade management side, moving to BE as soon it is safe, and has a little breathing room/target reached?
Just trying to break it down as simple as possible, thanks for taking the time to make the pdf.Ignored
DislikedHey Chanya
i have one question. Do we get out when the Bar closes under the HCR or do we wait until Price hits SL or BE level?Ignored
DislikedHi Slapshot.
In his one of the recent posts, Chanya viewed that in case of HCR the Stop loss should be kept just below the bar which has broken upward HCR and closed above..i.e PBT & CA and vice versa in case of LCS.
Chanye would be able to make it more clear when he gets here...
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aslamIgnored
DislikedHi Chanya.
I've a question please. I'm wondering what to do when the price never revisited a LCS/HCR from the Daily point of view, but actually did just after the break thru from the Hourly perspective.
Is it still valid to place a sell order ?
Here are two charts.
Attachment
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Thanks.Ignored
DislikedStop loss here is very simple . I kept it behind a most recent single bar minor swing high ...Ignored
DislikedSo you're saying that your stop-loss was one of those levels? This is not the same as what you described in your PDF-fileIgnored
DislikedHi Chanya I am stil a little unclear where you would place your stop loss. I did enter a long GBPUSD trade on Monday at the 1.57229 HCR level. I got stopped out which happens I had my stop at 1.5680. Is it possible to post a chart with this on it. Sorry if I am asking an obvious question. I do appreaciate your help and look forward to the part 2 PDF.
Thanks.Ignored
Disliked
Also, I personally do not think looking at these areas on the daily alone is a good thing for new people to learn this methodology.
Hope this helpsIgnored
Dislikednow this is a big beob
Don't limit yourself to just FX if you are new. It's a lot easier to watch many things and be picky then try to nit pick one or two pairs on a small timeframe. That's what most people do just browse forex factory.Ignored