Hi patapouer, for me it depends on what is to the left. If price pierces through the TAs and there's still some space above then I would still consider an entry. This piercing through could be a sign that price absorbed most of the opposing sell ...

james16 Chart Thread

Hi Greg, do you mean the rules of this thread? It is all about J16 price action trading and the methods of the seniors in here. I'm sure no one will cut your head off if you talk off topic now and then. But this thread is moving fast and in order to ...

james16 Chart Thread

Hi Greg, I'm using FT without tick data mostly for demo on 1h up to daily timeframes. And this works fine. If you think M1's are not sufficient you can always upgrade to the tick data. BTW, there's also a forum on forextester.com (Link). All the ...

james16 Chart Thread

Hi Greg, I'm using Forex Tester. It emulates Meta Trader but has a few tiny downsides (e.g. not so many shortcuts and functions). But for strategy testing it's invaluable as you can switch between timeframes easily while testing and you can set the ...

james16 Chart Thread

Hello, thanks for your answers. But in my opinion price was moving quite a bit in this NZDUSD example. It were the CLOSES that formend this straight line to the downside. So my question should rather have been: Why are closes lined up at nearly the ...

Why Is Price Doing What It's Doing?

Hey Greenhaze, nice charts. Can you tell me where you got those from? Are they on the CFTC website?

james16 Chart Thread

Great one, Chanya!

james16 Chart Thread

In such a case I would look out for two things: space to the left and maybe some continuation pattern below like a PB or BUOB at the bottom of the breakout range. If both show up I'm more likely to take the trade. That said I'm only trading Jarroo's ...

james16 Chart Thread

Here is another question for you. I just found this extraordinarily well-defined level on the weekly NZDUSD. Its opens and closes form a very tight and straight line at the bottom. What exactly is going on here? Why does price do that? Is it a very ...

Why Is Price Doing What It's Doing?

Hello everyone, I have read a lot of Sam Seiden articles and saw most of videos in the last months. S&D evaluation has really improved my chart reading. But I'm still struggling with some ideas and I'm pretty sure that Sam Seiden only tells us half ...

Sam Seiden's Supply/Demand zones

This may sound like a rather silly question, but let's say we have 3.000 buy orders and 3.000 sell orders at price A, how long would it take for those 6.000 to liquidate? Does it only one tick or is there a certain amount of orders that can be ...

Why Is Price Doing What It's Doing?

Hi PB, may this be a broker thing?

james16 Chart Thread

Hey Chanya, I agree with you. Of course you need to copy a strategy to learn and there's absolutely nothing wrong with that. And if it works right away over a longer period of time without the least discretion it may be a sign that you have found ...

james16 Chart Thread

Hey Llbk, welcome to the thread. Great you already have such success. Keep up the good work! Great post, Magestic. You're mentioning two very important things here. The first is the point when the chart "makes sense". That's when it's not ...

james16 Chart Thread

Thank you, Mike. With time I also got more discretionary but some of those levels still surprise me and I wonder what's the characteristic of a charged up level. One day I will know...

james16 Chart Thread

So in your own trading, Mike, how do you estimate the power of the first trouble area? Is it only through the stuff you already use in your trade evaluation like PPZs, TLs, patterns etc. or is there something about the levels itself you take into ...

james16 Chart Thread

Some parts of the forum are very active, some are not. It really depends on the topic of the subforum (there are +40 of them). Mike's section for example is always very busy. And to answer your second question: there you'll also find a lot of ...

james16 Chart Thread

Here in Germany many people are thinking and talking about it every year like it was yesterday. It's kind of a ritual to tell each other what you did and where you were when it happened. How must you guys feel? I think you must be very courageous ...

james16 Chart Thread

Hi Dan, that sounds like you are patient enough to wait for the really good setups. So maybe it's more of a chart reading thing. Getting better at this comes with time. I just love the atmosphere around here. Actually I prescribed myself trading ...

james16 Chart Thread

Hi Dan, I've been a member for over a year now and I agree with the guys: I highly recommend it. There are many things you won't find here and they are presented in a much more concise way with videos, chart analysis newsletter and a very individual ...

james16 Chart Thread