We're still calling it a pinbar. It is additionally a fake out too of the former swing point, a feature that often strengthens the pin bar by adding another chapter to the story. G.

james16 Chart Thread

We do have a close below the PPZ. I am in on this one. You can see the stop above the pin bar high but its extremely unlikely that I am going to take it. I will be playing this real tight and banking on the marked blue PPZ to hold. If it doesn't I ...

james16 Chart Thread

Good stuff Zohaib, The key there was to wait for multiple confirmations g.

james16 Chart Thread

Whoa! Really nice Mike. g.

james16 Chart Thread

That's a really nice swing point and a good looking fake out. I do have some issues with space on this one though. If the daily closes as is, then we're running into a PPZ. In a sideways market you're doomed if you end up missing your trouble areas. ...

james16 Chart Thread

That would have been my line of thinking as well Neytiri. g.

james16 Chart Thread

Hey N, Anywhere between 1%-2%. Mostly around the 2% mark. g.

james16 Chart Thread

Hey Joe and Gio, Again very tricky for my liking as its heading straight into the BRN 1.6 (assuming we get a daily close under it). Trading back into a consolidation box can always be very tricky and you need to know all your trouble areas by heart ...

james16 Chart Thread

The swing low is pretty minor. It does borrow some strength from the PPZ in the region, but I personally prefer deeper stronger swing points and a story buildup that is highly suggestive of a fake out scenario. image For example here's a trade ...

james16 Chart Thread

What I meant was, that that swing low is 1) too far away to the left and 2) very very significant. More like a monthly LLS than a weekly LLS. This means that although a weekly fake out trade is valid it only means that you are expecting some really ...

james16 Chart Thread

I like Gold. Nu's a little shoddy for me. Although the location there is solid with a round number, former consolidation box high and the 150 ema and of course the LLS from the prior swing point. However I can't help notice how the actual support ...

james16 Chart Thread

EUR/GBP update image g.

james16 Chart Thread

Valid trade, But I would be nimble footed here. The LLS is from waaaay earlier and is far too major to be banking on a single bar fake out that IMO hasn't penetrated enough. Again doesn't invalidate the trade but I would simply not want to get ...

james16 Chart Thread

he isn't back yet. Kind of...on the way. The new site brings in quite a bit of cool stuff. Our beloved big guy too g.

james16 Chart Thread

Cool. Good luck with your testing. g.

Mastering the Art of Trading

Fabulous work Lenrod! Really cool to see you not getting carried away on the EUR/NZD and taking your sure pips off that major PPZ. That's the way to do it g.

Mastering the Art of Trading

For this trade on gold, After that close below the 1400 region. My stop would have been placed above it with the underlying logic that it should hold. And that would have been the stop out point for me. image The general idea is, to simply notice ...

Mastering the Art of Trading

EUR/NZD was an easy pass based on the massive PPZ it was headed into. image USD/CHF was more tricky because its apparently off of a major PPZ. The problem I saw was the fact that the fake out bar failed to close within the prior small ...

Mastering the Art of Trading

So we did decide to hold up at that former resistance area. Was always going to be tricky specially being so close to the weekend. image g.

james16 Chart Thread

Happy Birthday James. have a blast g.

james16 Chart Thread