Yeah I was thinking more about just learning to trade these two things together. Indication of divergence + J16 candlesticks. Just in the beginning you know. Yeah I read that one and I use OANDA + Alpari on my MT5 to check whats going on in the ...

james16 Chart Thread

My bad Mike, didn't look properly. And this might be a sign to me that I am in a hurry. Anyway, just wanted to check with you if you thought the same thing about the AUDCAD (Daily) I posted in the other post. I thought about what you said about ...

james16 Chart Thread

Allright so no I've calculated my 2%. Stoploss above the BEOB and sell entry at 0.9976. Hopefully this one is working out. Promising myself to stick to the Daily charts now, looking first at the different price action candles + divergence. Lateron I ...

james16 Chart Thread

Thanks Mike. Allright that sounds reasonable, I was thinking about the part about the highest point sticking out a bit more also. But the other part made me think. In my chart, market closed under parity. 8 pips under. So wouldn't a entry 15 pips ...

james16 Chart Thread

Hiya guys! Mike told me I should start looking more at Daily charts, so here it is. What do you think about the Daily AUDUSD. Isn't the candle with the arrow to it a BEOB? Also the chart is making a divergence, what do you think? PS.. Anyone looking ...

james16 Chart Thread

Yeah that's quite unfortunate.. SEK is my home currency. 50 pips spread on OANDA. EURSEK + USDSEK.

james16 Chart Thread

AHA! My people helped you, so you HAVE TO HELP ME NOW!!! No, just kidding. It's not that it looks frightening, the funny thing is that I've read and read and read and I still can't trade properly. I'll try to do so but as I wrote before, I tend to ...

james16 Chart Thread

Yeah I'm looking at the daily also but I'm trying to catch up with you guys and look to see what you are doing aswell. But I would be lying if I said I'm only looking at Daily. I'm sort of used to 1HR.. Allright I'll try to do the same. jeez 60 ...

james16 Chart Thread

Why is that Mike? The pins seem to work very well on this chart and on the 1hr of it. Ok I'll stand aside and won't look at the AUDUSD. But I still don't understand why a two consecutive high wouldn't work out here. The market is actually trending ...

james16 Chart Thread

Allright Mike that actually sounds very reasonable. I have a couple more questions but I'll keep on reading and will post what I don't understand. And oh, btw. Could you take a look at AUDUSD 1HR chart? To me, the last two candles are making a two ...

james16 Chart Thread

Quaestio — Hi guys, Hope the thread doesn't get too interrupted by my questioning all the time but hopefully those who want to help contributes and those who wish to do some chartingwork a la J16 can just skip this post. Mike always talks ...

james16 Chart Thread

Haha that's just hilarious. Never mind that post, the candle closed waaaaaaaaaaaaaaaaaaaaaaaaaaaaay other than expected. Really wierd how that can happen in 3 minutes..

james16 Chart Thread

Anybody taking a look at AUDNZD 1HR? Seems like quite some trouble in closing under previous support. Looks like a nice pin also. What do you think? Please explain also, looking to learn! Thank you very much

james16 Chart Thread

Hahah that's funny. If you look at FF first page you'll see that it's FOMC + Fed time right now so the price usually spikes up (or down) when these news hit the market. Nothing wrong with your chart so to speak, it's just the market reaction towards ...

james16 Chart Thread

Some really nice pins showing up on EURUSD and AUDUSD. Anybody daring to trade right before Fed?

james16 Chart Thread

Hello Iam fx, You are very right in this, it didn't work. But I never stated that it would work 100% of the time. I even tried to 50 different times in both markets. Remember, that we trade differently in each market. So what fits in trending won't ...

Divergence without the indicator

Allright Mike thanks I think I got it. From now on I will try to look for the best setups. And by that we mean bigger sized candles indicating much trading power, good locations and confluence (fibs+div+round numbers) Let's see how it works out if I ...

james16 Chart Thread

Okay Mike but then I have yet another question. in the beginning of the thread James and many other say that pinbars are best at extreme highs or lows, how come this is different? Isnt this pinbar at an extreme high? Could you please show by some ...

james16 Chart Thread

Note to myself.. valuable — Hey Mike, thanks for the reply. Yeah that makes allot of sense! The way I was thinking about it is that it is the last wave in a five-wave move up and also is in a channel pointing up. And as I have noted, channels ...

james16 Chart Thread