I really have reservations partaking in this thread. This post is going to appear as fanning the flames, but it’s not done with any ill motive behind. Summary of James16’s chart thread. Posted on July 27, by lowcheemeng. Uses his indicators as support and resistance levels in order to see the big. The forexfactory James 16 thread is pretty legendary. But the thing is + pages. Worth reading? There’s like a 2 page pdf summary out there.
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There is a tjread in this thread which describes the different types of bar formations and I trade most of them. If you want to demo trade this stuffs on the daily charts then look at the time when a new day starts for your data feed and see what bar formations is there.
If there is a good setup which interest you then set a order and trade it. If you are free you can take a look at james16 original thread in another forum. One way of drawing the SR lines: Then go down to the weekly and do the same things thresd then down to the daily. After threwd all the SR on the three tf, wait for bar formations to form on the charts.
Relax and easy way of trading too. I draw my lines much like Ray. Would you have considered trading it? April 06 or 28 on that pair look more like what a real pin bar should be like. For a good explanation on pin bars you might sneak over and have a look at James16 chart thread on another much worse of course!
The only reason Jaames16 got excited was because at the time it was shooting up! Different timezones mean that a candle can look like a pinbar on one chart, and a doji on another.
I was just jotting down yesterday – some entries – because I was going to trade Pinbars ONLY – but I think these will be very few and very far between – so I was trying to remember what else triggers a possible entry just like a pinbar would. Ok – maybe there is more than 1 question here – A the above question – B is this what james16 is trying to teach?
James16 Group – Beginner Questions – Forex Trading Forum
Actually i Learned allot from james16 thread But there is allot of things i dont agree with him on it: I learned that always follow the bigger time framesFor example if there is on the daily reversal pattern says long never go short because the H4 says short but When both of them says long tthread and be comfortable you will be winner.
If someone can help me with that would be nice. I also trade on Pin bars in H4 chart but do look at other high time frame charts also. So far I am not very successful on this. At the same time, I also have not done lot of trades on Pin bar. When I spotted the pin bar, I make sure the following qualities exist.
Although you posted this on two threads I wont duplicate my post here.
It can be found here instead: Just my own thoughts. Threav use whatever your charts show you, if you have a A class setup on your chart but my chart do not show that A class setup, I will just wait patiently for the next A class setup to appear on my chart.
Jamees16 know that if I grab that A class setup which will eventually appear on my chart I can beat the broker. I respectfully have to disagree with you here.
It is not hard to compare feeds from brokers to see that they show essentially the same data. The accusation of broker price manipulation is covered extensively in other threads but the gist of it is that it is not really in their interest to do so. Hey guys its been a while. Wow what a long crazy couple of months. I just wanted to drop by and say hi. No matter what your trading style is or what your instrument is.
J16 will give you the long view with deadly accuracy!! All you have to do is wait for the theead setups. Now that I am working again full time I will focus my trading soley on this material I would love to trade H4 but I am not sure if it is possible. Although I have been looking for a reason to ditch my blackberry and pick up a phone with windows mobile 6. You should not let the broker manipulation price issue affect you.
How about you do a simple experiment, learn the price action trading thingy and demo trade on the daily with different data feeds and experience for yourself.
Pin bar under trend line50 fibWhat do you thinkf or short guys after breaking this pin bar? James16 pin bar fhread Trading Systems.
Free Forex Trading Systems. Yes, when time allows I will post up a chart. Hallo everyone Actually i Learned allot from james16 thread But there is allot of things i dont agree with him on it: I hope everybody is doing great, john. Nice to see you drop by!
I agree with your view on J What do you think guys about this opportunity Pin bar under trend line50 fibWhat do you thinkf or short guys after breaking this pin bar? I just read my post and it sounded impolite! I want to clarify: