Chart may help explain red lines are first targets image

james16 Chart Thread

Im not sure what you mean. On your chart you can clearly see that price has broken and closed ABOVE the green HCR level. We would be looking for longs at a retest of the green HCR level or wait for a daily close confirmation. I think you may be ...

james16 Chart Thread

Remember that not every single level will be fullfilled. There will be times when, for example, pbt&cb a LCS and does NOT come back to retest that level, instead price just drops without the retest. It doesnt mean that we are wrong its just what the ...

james16 Chart Thread

Dont worry too much about mixing the levels. Just try to stick to shorts when pbt&cb LCS levels and Longs when pbt&ca HCR levels. Once we can trade that consistantly and successfully we can move further. Some posts from Jarroo on the subject

james16 Chart Thread

Keeping things simple - we look for shorts when pbt&cb LCS and longs when pbt&ca HCR. Currently price has not yet CLOSED below that first LCS level. When it does we can look for short opportunities. Im still learning this method myself so it would ...

james16 Chart Thread

lol thats why i asked Jarroo for his thoughts on it. Jarroo's method invloves touch trades or daily close confirmation setups. Its slightly different to J16

james16 Chart Thread

Jarroo — Jarroo, Just wanted to get your thoughts on this particular setup. PBT&CA both the HCR and LCS level .. looking for a retrace to the HCR for a long entry ... image Cheers Dan

james16 Chart Thread

Thanks for the reply mate. Yeah i understand that these are zones and not exact lines to the pip. The levels I can find are the most blatantly obvious ones which are usually just the tops and bottoms (s/r)

james16 Chart Thread

Thanks, Ive actually read through that thread and those particular posts a while back when I was trying to find a way of drawing ppz correctly. I still find that when people like Mike post their charts with ppz levels they are looking at, I rarley ...

james16 Chart Thread

Hi mate, can you show me a few more charts with just your ppz levels so I can compare them to mine ? Cheers Dan

james16 Chart Thread

PPZ levels are not subjective ? Im not sure i agree with you on that. If we were to both draw ppz levels on the same pair im sure we wont get the same ones - maybe a few. However, ive noticed that with the hcr/lcs levels that Jarroo posts, I usually ...

james16 Chart Thread

I've been studying J16 stuff for a while on this forum but ive never managed to get it to work. For me its just too discretionairy. Simply plotting the correct ppz levels is difficult for me as they seem to be very subjective, im sure im not the ...

james16 Chart Thread

Cool, So the setup was a good one it just happened to not work out ..? Yeah the DCC would of kept me out but trading this live I wouldnt of known ...hindsight and all that ... How often (percentage wise) would you say that you use the DCC for ...

james16 Chart Thread

Jarroo, Just wondering if you could give me your thoughts/opinion on this failed short setup that I was watching. image Cheers Dan

james16 Chart Thread

Hey Jarroo, Just wondering what your opinion is on that AU trade today ? Cheers Dan

james16 Chart Thread

Yeah i was just about to post this trade that I took for advice from Jarroo. Hopefully when he's back online he will be able to have a look at it

james16 Chart Thread

Yup lets wait for Jarroo to answer

james16 Chart Thread

Well from what i've read, by going through Jarroo's charts, is that he doesnt use so many levels from way back in the past. From what I understand the hcr/lcs levels are fairly recent, and even more recent in a trending market. If you look at his ...

james16 Chart Thread

Can you attatch a chart with your levels on. Looking at my charts now i dont see any clear levels to take long trades from ...

james16 Chart Thread

...if people can trade successfully with all that stuff on their charts then why does it matter ...

james16 Chart Thread