8. CHF / JPY Twp potential trade opportunities on this pair IMO...firstly an immediate long as we have broken the PPZ and have retraced back to it and a touch trade short - with my preferred area the 88.50 area which has fib, TL and PPZ confluence

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7. USD / SEK BEOB on daiy timeframe. I'd only consider playing this if we got a retracement first to the PPZ marked - as the FTA is so close playing a break makes no sense to me from a %R perspective.

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6. USD / NOK BEOB on daily time frame having broken a very clear and defined PPZ. Entering on a retrace back to the PPZ would be an obvous entry point which also has the 150EMA as potential resistance. Another way of entering this would be to enter ...

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5. SGD / JPY Weekly continuation BUOB above PPZ and TL. Would look for a retrace to the TL / PPZ i.e. breakout and retrace for an entry...looking at the 4HR chart you can see the likely area to go long.

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4. GBP / AUD Pin bar off a strong PPZ and in fact following a false breakout of the PPZ. FTA is very close so would only take this trade if there was a retrace first towards the PPZ...even though if we retraced that much there is more of a risk that ...

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3. CAD/CHF Continuation BUOB on the weekly having broken above a PPZ...scrolling down to the daily you can see the PPZ and looking at the 1HR you can see a great entry with a BUOB. I'd hardly ever take a weekly setup...I would just bear it in mind ...

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2. NZD / JPY BUOB on weekly and a breakout on the daily...wait for a retrace then long to get in on the weekly BUOB @ a discount. Conflcits with the touch trade in (1) though unless we have a major move in U/J.

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Right...gonna post some charts which have setups that interest me or areas to watch during the course of the week...these are from pairs that aren't on my intra-day watchlist and at this stage I'm not considering correlated pairs etc. just looking ...

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Yep you can trade 7 days a week...but obviously liquidiity is relatively poor at weekends...for example EU spread is typically 10pips compared to 0.9 during normal market conditions. I just use it as a hedge if somethnig happens over the weekend ...

100% Monthly consistently

I'm not a fan of hedging either...whenever I've tried it I've always managed to lose more lol...but it sounds like a good idea to me. One thing I like about using Oanda (being open24/7) is that if there is going to be a big opening gap n Sunday I ...

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Not sure what is happening with my posts...but all paragraph splits are deleted and I end up with all my text in one paragraph?

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A review of last weeks trading and my trading so far will come later (I need to actually review the first lol) plus some charts on my thoughts for next week...should defintiely be interesting to see if we can have some follow through on Friday's ...

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No worries Just remember that every trader is different in the setups they will take...it all depends on your tolerance to risk. As far as I'm concerned a conservative trader would not take this trade or at best would take full profit / move SL to ...

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The only thing I could maybe say about that was that there was a lot of upside 'pressure' on price. Although a great setup for the IPB itself the chances of a follow through down through the low of the IPB was very low. We have had a lot of matching ...

james16 Chart Thread

Yep totally agree with you about overtrading...will post more about this over the weekend. With regards A/CAD...I nearly took a touch trade off that obvious PPZ area on Friday but decided against it. My view on the daily pin is a follows. 1. Look at ...

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Week 3 130 trades 49.2% win rate, 11.70% account gain. Total account gain is now 357.74% A really poor week relative to previous weeks...I'm taking far too many trades and not being picky enough. I'll do some more detailed analysis / thoughts and ...

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Thanks Robert...I'll spend some time looking at past charts for these patterns. I'm short E/U too...aggresively shorting any rallies....I think the 13400 area will hold personally. It is stupid that people buy the Euro just because Greece has ...

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Ahhh just realised you were using 38.2 fib and not 23 fib before...my mistake soz.

100% Monthly consistently

Robert, Would the be the type of trade you would take in line with your 23 fib retracement then go long...? Is there any way you filter when you can expect it to only retrace this level. Obviously a retracement to this level represents a mere pause ...

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I have CNBC on all day long whilst I'm trading...dont really listen to what they say most of the time but use it more for breaking news / economic news plus I have a general interest in economics...just find it an interesting area and there are a ...

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