Sure, it's your contest, didn't know that only pure james16 pa is acceptable. I just wrote how would i enter and manage this trade. I'd already posted chart, didn't see any reasons to do it twice. take care

james16 Chart Thread

enter would be similiar to jarroo method, but on rejection, not break. then like jarroo - retest lcs and enter, and i wanna be BE on high of pinbar - because I'm interested in first minor trouble area.

james16 Chart Thread

Yes, of course. I was referring to dan's post:

james16 Chart Thread

Why failed? it was be or profit - it depends, at which hcr you put buy pending order. yellow - be green - profit And this hcr ppz is still valid, after price closes below it...so you can go short...

james16 Chart Thread

... one can be so focus on daily, that he complete forgets, that there are other tfs...Thanks mate

james16 Chart Thread

If it's not a problem, could you write the reason you went in? Was it break and close below flag trendline? EDIT: LOL xD I forgot congratulate you! Great trade man!

james16 Chart Thread

There was strong rejection - price go below lcs, to lls(lowest low of support) and then close above - so I think, that bullish move will be big. My first thought was lvl marked as TP2, but then I saw TP1 lvl - lot of gaps created on/near it - I ...

james16 Chart Thread

This is not a stupid question, I think that Chanya said sth about it some time ago - that he will write about it in part 2 of his pdf...if I am no mistaken... But this is interesting, maybe because of the bar confirmation?

james16 Chart Thread

That is sad Well, don't give up and take all time you need. Good luck.

james16 Chart Thread

I couldn't agree more. Jarroo's method isn't as easy as lot of people think. They aren't able to identify swings, trouble areas to put theirs sl and fta (sl to be) correctly. And this is because they did not give james16 method enough ...

james16 Chart Thread

This is Jarroo's method, a "touch method" - you don't need bar confirmation, but you use tight stops and move your sl to be very quickly... It was recently described by Chanya. You can look for his pdf, he posted it few days ago... cheers EDIT: ...

james16 Chart Thread

I am watching this, PBT&CA zone created of HCR/LCS, and I'm gonna put pending buy order on 82.22. I think, that stronger retest give me more significant move up - what do you think about it? Any more interesting closes to look on Monday? cheers

james16 Chart Thread

And where you place your pending order, lets say on first example? You have three hcr/lcs - you choose the lowest, the highest, or maybe the most recent?

james16 Chart Thread

For example he took lcs from beginning of april, price close below on end of april and retest recently...

james16 Chart Thread

This + Mike is creating a big story. He predicts where price should go back and he probably is even disappointed when it doesn't. He is allowing for a big moves against him - because he believes in his theory. Mike is the master in trade ...

james16 Chart Thread

rami_8 is right. You need not only major trouble areas, but also minor ones. You should look at highs/lows of bars to find them (minors). I think that you have not read chanya's ebook thoroughly enough. Read it again. cheers and take care

james16 Chart Thread

I think that uptrend is tired (nice divergence) and close below 1.05 will be crucial. But now is to early for entry - price is in consolidation, but we already had false breakout up, so reliable breakout down is very likely.

james16 Chart Thread

Most of us (probably including Chanya) will do nothing. But either way - 30+ in PBT & CA/B trade is probably after fta - so trade is be in most cases. There are different schools how to react for news, but if I recall correctly James teaches us to ...

james16 Chart Thread

I like to have general knowledge about important currencies. I read a lot books, articles, watch business tv, etc. I don't take trades based on that, but if I know, that there are good information from for example usa, poor from eurozone, and I have ...

james16 Chart Thread

Probably nothing, I am afraid. Swiss central bank completely destroyed this par. But like I read recently in some article: "The Swiss currency peg is like an expensive Swiss watch: technically impressive but costing astronomical sums of newly ...

james16 Chart Thread