Sideways. But a little staggered too....

james16 Chart Thread

I wouldn't have said 'testy'. He made a good point on your chart. You have to point out the difference between the ones you marked and the one the Captain did. Remember, not everyone has been looking at charts as long as you.

james16 Chart Thread

One way to illustrate the "Not Yet" feeling I have here. This is complicating things by using a lower time frame, but it illustrates the problem with taking a short here after an ugly sideways period.

james16 Chart Thread

Hey Cap, It's a little bit of a mine field. It looks good for a short. Just not good for a high probability trade choice , that's all. If that makes sense.

james16 Chart Thread

What happened here today!? Were there a heap of posts deleted or something?? First time in a long time I've come back and we've been only one page along. LOL

james16 Chart Thread

I think most us Aussies are just good at dribbling s___. lol

james16 Chart Thread

...And welcome to technical analysis. ...The dark side.

james16 Chart Thread

LOL. Call someone a sponge in our neighbourhood and you'll end up with a fat lip.

james16 Chart Thread

Welcome Relyt, You guessed right. BUllish Outside Bar for uptrend continuation only. (And BEarish Outside Bar for downtrend only, ...of course.) Don't just blindly take them though. You have to be careful of nearby support/resistance.

james16 Chart Thread

Divergence isn't really a bearish/bullish signal. It's actually signifies a loss of momentum. Which is a good sign if your planning on trading it as a reversal as opposed to NO loss in momentum being there. But, you can still get a loss of momentum ...

james16 Chart Thread

The best way to look at news announcement time is as a 'vacuum' in my opinion If the news is GBP positive, people will position their long orders at the best value price. Those orders to go long may actually ALL be placed at the major support that ...

james16 Chart Thread

I know, I know. Don't have to hide it. We all understand mate. I think beers good too! It's the reason I get up every afternoon.

james16 Chart Thread

Hey Mike, ...you missed the bars when you drew your trend line.

james16 Chart Thread

Spooks, Keep in mind that some dodgier brokers will use the bid/ask (both!!) prices to trigger conditional orders, while others will use the actual tape (executed) prices (which is easier to see on a chart). I'm rarely greedy with my TPs now. When I ...

james16 Chart Thread

See. Bloody good tool, eh?

james16 Chart Thread

Same same. Few good reasons to take a touch if you played it right. (Very short term for me. I'm out at 38.2 line). I wouldn't even take the BUOB that printed afterwards. Fluffed the second of the two part order I planned, so very average gain this ...

james16 Chart Thread

That's what I was coding into the word "overburdened". LOL And it's so busy now. It used to be an awesome place to get from A to B. Zzzzzactly. Of course it could keep going for years why we 'smart' ones stay out of it, missing out. LOL ...

james16 Chart Thread

No... Not at all. Don't stress!! In the end you can go just on the visuals. I personally think it's a good thing to understand, but I'm opened to the fact that you may not need to. You could read what I said and take it all in and feel it, if you ...

james16 Chart Thread

No screw it. She can pay me for it.

james16 Chart Thread

This is just the type of situation that Mike and Scott087 were talking about. ...You can see the indications that this is a valid signal, but the zone below it just makes it harder to pull the trigger. It's these ones that can drive you mad when, in ...

james16 Chart Thread