I'm not out yet. I want to see how it closes. (I made the trade on another broker than the broker I watch the charts). I entered at 10 pips above the yesterday's bar. I don't take partial profits. Take profit at 102.33 (about 1:1 risk reward). I ...

james16 Chart Thread

I've played a breakout on USD JPY that it's not working good. Yesterday USD JPY breaked the BRN 100.00 and made a very strong close above it. Last time it broked that area the price didn't retrace to test the area again and went up so I decided to ...

james16 Chart Thread

Hi Pinbar. I want to learn to trade with SFP but don't understand it too well. Can you tell me when did you enter? At the close or at the touch? And where did you put your initial stop loss? Also do you want a big rejection in order to trade or just ...

james16 Chart Thread

BUOB on platinum daily rejecting BRN 1300.

james16 Chart Thread

I only trade majors, crosses, gold, silver, oil and some indices but would like to add exotics and commodities. What do you think about USD DKK, EUR HUF, EUR PLN, USD HUF, USD NOK, USD PLN, USD SEK, USD TRY, USD ZAR? Are they worth watching? I ...

james16 Chart Thread

I've played this pin bar from USG SGD daily. It had divergence and I think it was a fakey ??? The breakout bar from 2 days ago had a weak close. In this case the last swing doesn't act as support ? That's why I traded the pin but I don't know if my ...

james16 Chart Thread

In the GBP USD example it's good to enter the trade at the break of the IB or at the break of the mother bar? Let's say price breaks and closes above 1.6300 and the next bar is an inside bar with close above 1.6300. Would you enter in the market ...

james16 Chart Thread

How should we play those inside bars? If it's neutral it means it can go up or down. It's good to put 2 pending orders, one short and one long? Or it's good to skip the trade?

james16 Chart Thread

Thanks for the answer Mike. Do you ever watch smaller time frames to find good areas to exit? For instance if you trade daily charts do you ever watch 4hr or 1hr charts to find good areas to exit? What do you think of putting the initial stop loss ...

james16 Chart Thread

Inside bar on GBP/AUD daily. What does this inside bar mean? Change of trend or continuation of trend? I don't see too many confluence. image

james16 Chart Thread

Mike, you said in this post that "So the types of trails I use range from a volatility based indicator for breakouts with room to run". Which indicator do you use to trail stops for breakouts? And another trade management question: how can you avoid ...

james16 Chart Thread

Mike, what do you think about other JPY pairs like CADJPY 2 day pin bar and AUD JPY pin bar? On USD JPY I think the pin bar has confluence with a PPZ and a trend line. What do you think? Did I drew them correctly?

james16 Chart Thread

Thanks for the answer Mike. When you say skipping the 1pm bar do you want to say skipping the bar that opens at 1pm and closes at 5 pm, right? The bar that closes at 1pm I suppose is still good to trade because the voltatility is still good.

james16 Chart Thread

What is the time it's good to skip a bar? I trade 4hr, 8hr and 12 hr time frames. I use NY close (5 pm EST). What bars should I watch? There are 4hr bars at 5 pm, 9 pm, 1 am, 5 am, 9 am, 1 pm. (EST) 8hr bars are at 5 pm, 1 am, 9 am. And 12hr bars ...

james16 Chart Thread

2day pin bar it's possible to form on EUR NZD daily. The BRN 1.6000 is quite close but I think the trend line will be broked.

james16 Chart Thread

On daily chart oil has made a pin bar yesterday. It seems price is in a box. What do you think?

james16 Chart Thread

Is it OK to trade friday daily bars? Or the daily friday bars should be avoided because friday many traders take profit?

james16 Chart Thread

What do you think about what's written in this thread? url It says there that candlestick patterns are not so important: "Firstly, if price trades into a significant technical level, the probability shifts in favour of a reaction as the limit ...

james16 Chart Thread

I also made a profit with this pin bar but I still don't understand too well when it's good to trade against such a strong trend and when it's not good. I took the trade because I liked the pin bar size. If the pin was smaller I wouldn't have traded ...

james16 Chart Thread

If it closes like this is it a good pin bar to trade? It's rejecting BRN 1.2000 and it's very big but it's trading into traffic and it's counter trend. image

james16 Chart Thread