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Chris P replied Mar 5, 2009Yw. Quicker than waiting for the next 4h bar to close though huh! Personally, I didn't use the F12 method. I just scrolled PA until I saw it get to the PPZ. Then jot down different exit scenarious: 2 bar trailing stop, exit only on reverse PA, or ...
james16 Chart Thread
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Chris P replied Mar 5, 2009Thanks Jim. One thing I've found, is that by helping others it really helps you to focus on your own game. Hence why yours is A+

james16 Chart Thread
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Chris P replied Mar 5, 2009Hey Alter, As Mike said, we know where you're coming from. It's way in Mike's past, but I still slip on this from time to time as well. Take the recent eur/usd pb on the weekly. I played that, knew where it would find resistance, but didn't move my ...
james16 Chart Thread
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Chris P replied Mar 5, 2009Just a quick word here. If you're new to this thread and the J16 method, I'd advise (as I'm sure would the senior members) that you focus on the Daily and Weekly charts to start off with. Definitely don't go below 4h, otherwise you're just going to ...
james16 Chart Thread
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Chris P replied Mar 3, 2009aud/usd — Here's my take on the aud/usd. The s/r lines/areas are marked on the chart in purple. Now, if I understand the path correctly that Clockwork is trying to lead us down here, we would really only be looking for those A+ setups at the ...
Silent Service Method
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Chris P replied Mar 3, 2009Great work Josh
I hope there's a lot of people reading this thread who take note of how you've progressed so quickly. I've been watching your growth and it's been comendable. You've taken the time to read through the thread, ask ...james16 Chart Thread
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Chris P replied Mar 3, 2009nzdusd — IMO I feel that this 4h setup on nzd/usd actually has quite a lot going for it in terms of location. Since early Feb we've seen a descending triangle forming, who's lower trendline was broken on Friday. This also tied up nicely with ...
james16 Chart Thread
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Chris P replied Feb 20, 2009Good to hear someone's already profiting from this concept. It's always benefitial to know that a concept can work. Now comes the lengthy process of testing and refining... Thanks Bundy Chris
james16 Chart Thread
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Chris P replied Feb 20, 2009Sounds like an idea. I'd help with contributing to that.
james16 Chart Thread
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Chris P replied Feb 20, 2009Broadly speaking, I've noticed this a few times on charts where PB's have formed against a trend. I've not noted them down enough, or tested them to be sure of this, but definitely something that I'm looking into further. If we get a PB against a ...
james16 Chart Thread
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Chris P replied Feb 20, 2009Nice trade poplar
I was in on this swing as well, although with a different entry. IMO you were correct in the positioning of your 1st TP as well. Always better to be conservative with your initial targets and get some off the table, with ...james16 Chart Thread
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Chris P replied Feb 20, 2009Out of all the Yen pairs, definitely the nzdjpy. As you pointed out, there was a daily PB off a PPZ. Not enough factors to trade that PA IMO, but enough to keep from going back against it. Out of the 3 trades you're in on, my favourite is the ...
james16 Chart Thread
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Chris P replied Feb 20, 2009Although we have Yen pairs making PB's all across the board, I prefer to pick my best looking chart and go with that. I didn't register clear levels that some of the charts were forming the bars off, although the confluence between them was ...
james16 Chart Thread
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Chris P replied Feb 19, 2009Haha, job done
I find having a rant every now and then helps me to solidify the correct way of thinking as well. We're all prone to making mistakes! Chrisjames16 Chart Thread
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Chris P replied Feb 19, 2009That 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 ...
james16 Chart Thread
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Chris P replied Feb 19, 2009Didn'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 ...
james16 Chart Thread
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Chris P replied Feb 19, 2009Hi Dan, I think Josh covered the main points in his post. I look for PA at the highs and lows of swings/ranges. The PB you pointed out did come off a minor ppz, but I prefer to see them at very obvious levels. That way you are more likely to have ...
james16 Chart Thread