That level is done and dusted for me. I've got three orders in right now ; AUD/USD long at 1.0349 USD/CHF long at 0.7741 NZD/USD long at 0.8241 Cable long order has been pulled. The number of up days was a concern - but the fact we have bounced too ...

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LOL, you got me! I think that came out a little wrong - I just meant that weak longs would bail on sharp selling and a weak long would be someone that would buy it right up near those highs after that huge rally. The W1 pin bar was the first thing ...

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I don't think this was a bad trade - the level was good but I pulled it when price came only 5 pips from it and then pulled back almost to the FTA before having another go at the highs. Someone did ask me on Twitter whether I would take this when it ...

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Don't want to hijack this thread but there's no big mystery. If the OP comes back and explains what he did, I will explain what he needs to do. -Tom

james16 Chart Thread

Hi Bill, 1) Does it look sideways to you? The D1 looks like a congestion breakout to me on EUR/USD with a nice one day pullback prior to lift off. What was also nice was that we bid below the D1 IB where you will get some retail shorting and ...

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Just closed the long at 1.4471 (level was at 29's but I bid at 24's, was filled at 26's after spread) for +145 after it came off just ahead of the target. The evolving R was getting unacceptable. We can go over this in the webinar on Sunday.

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After reading this post, it also seems amazing what smoking crack can do for you... But I wouldn't advise it while trading.

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Just added more to post #1448 to try and clarify that level so please refresh if you haven't seen it :-)

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Stop at "point A" under the last H1 thrust bar that opened BELOW and closed ABOVE the level. Also note the acceleration into the level. That makes it even more attractive.

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A quick check with the fibs shows the 38% lines up too.

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Chart of my Eur/Usd long entry at 29's this morning. Chart 1 shows significant S/R pivot on the H1 (resistance last) Chart 2 shows how I came up with this level ; the purple lines show the highest and lowest part of the zone as my eye defines it. ...

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I have a pretty significant H1 S/R pivot here. My stop was at 1.4307 (24 pips)

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I agree with both of you guys. As far as I am concerned, Greenhaze is right : the simple fact is that traders were bidding up the USD/CHF aggressively on the expectation of a Euro peg. When the SNB failed to mention this, the safest thing to do was ...

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In some cases it is relatively simple but in general there is too much to consider for me to explain easily in static charts.

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Just trying to bump my question to AQs since new pages are added at an alarming rate. Can you tell me what happened to you on this trade? You can pm me if you don't want to post here. I will show you something that will change your profitability ...

james16 Chart Thread

Good question : I will have to go over this in the webinar - it's going to be hard to explain via charts.

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I've hit that 1.4329 long. Target 1.4520 on this one (D1 bias) but I will trail a stop as we move up.

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Nothing like summarising 11 years of hard work in a few lines - LOL

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D1, dude.

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What happened with this? Can you let us know please?

james16 Chart Thread