Gold — Charts.

james16 Chart Thread

Failed pins and PA... very discouraging. — Hi, I've been around for a while. Just thought I'd post some trades that should have worked out, but didn't. Days like these make me think that spending years in front of a computer screen ...

james16 Chart Thread

1H head and shoulders on Aud/Jpy, with a pinbar on the right shoulder. Good bounce off of solid resistance. -Paul

Auslanco - GBP/JPY and GBP/USD (newstrade)

My view: 1H pins on all yen pairs, some usd pairs, eur/aud, gold/silver and dow. Eur/gbp looks like it going to continue heading down. I'll be watching how the dow reacts. I'm still learning, so this is just an observation. -Paul

Auslanco - GBP/JPY and GBP/USD (newstrade)

Not only on yen pairs. Dow - Gold - Silver - Usd/Zar - Eur/Usd - Aud/Usd - Eur/Aud - Usd/Try - Eur/Try all have 1H pins. Gold, Zar, and Try also have 3 hour pins forming via Oanda. I think that if the dow breaks up, then the rest will follow. Does ...

james16 Chart Thread

WOW... what a drop. Dow/euro/gold/silver/carries...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hi everyone, Also, a 2-Bar 4H Pinbar in the making... almost formed. -Paul P.S. - Same thing for GBP/USD

Auslanco - GBP/JPY and GBP/USD (newstrade)

Just an observation... — 1 Hour pinbar forming on Eur/Gbp off of a major trendline with fib confluence. Maybe this will affect the Gbp/Jpy drop? -Paul

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hmmm... — ...perhaps you missed the part at the end where he says "I APOLOGIZE." Someone must be sleepy...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I, on the other hand, took the 4hr pinbar long, held onto it when it formed into a daily pin, and broke the weekly bullish outside bar. It should have went on to break the monthly pin. And instead I was just stopped out. Similar thing happened on ...

james16 Chart Thread

Hi, I have been wondering the same thing. I'm curious as to others' opinions on this, but it looks like profit taking to me. Yet another reason to wait for a good daily or weekly setup when going against the trend. Oh well, live and learn. -Paul

james16 Chart Thread

Hi, Also, it looks like USD/CAD could be forming a zero-line reject short, if you're familiar with woodies cci. Gold is touching the upper triangle trendline. -Paul

james16 Chart Thread

USD/MXN — Nice pin...

james16 Chart Thread

Mimas, Like steveshutts said, higher timeframes take precedence over lower ones. So, if you have a daily pin that broke up a little bit, but the 4H shows a pin in the opposite direction, it would be wiser to use the PA on the higher timeframe. ...

james16 Chart Thread

Greetings, There is a very nice daily pinbar on AUD/NZD. PPZ bounce? I'm taking it (if it breaks up). -Paul

james16 Chart Thread

AUD/JPY 4H pin — 4H pin and 1H pin right before it. Opinions? I am hesitant about taking it for some reason. -Paul ...good thing I didn't take it. It just broke the top of the pin. Phew!

james16 Chart Thread

Hello, Perhaps I should have been more clear. I said many traders. That means any traders, from small like us on this forum to those that move money around for the major banks. The market is, after all, controlled by people. It takes it's direction ...

james16 Chart Thread

Hi, For PA to be effective, I assume that many people would need to see the same setup. For example, we see a pinbar on 4H that we anticipate will break down. So we set a short order just below the pin. However, other people would short when the ...

james16 Chart Thread

Hello, AUD/JPY 4H pin. PPZ and 50.0 fib overlapping. Almost touching 61.8 fib. Touching top of long term channel trendline. I have a feeling that this will bounce up. Anyone else? -Paul

james16 Chart Thread

Thanks for the critique, SeekingLight. I agree that some of the setups are a bit iffy. So far, the EUR/USD is pretty good (4h and daily pins), I like how USD/CHF looks, and of course gold/silver. I just hope that the news releases tomorrow morning ...

james16 Chart Thread