I have a sell limit at 10.50, hope it gets hit! The pic attached is from last Thursday , the weekly bar actually closed below the minor support at 10.50

james16 Chart Thread

Ah ok that makes sense , thanks bud !

james16 Chart Thread

If that pin closes where it is , does that class as a pre emptive breakout bar? Or would it be best if it was a really large buob which closed way near the top of the squeeze pattern? Just curious , been studying the breakouts of divergences and it ...

james16 Chart Thread

Lol sorry , which part do you not understand? I'll try to explain better !

james16 Chart Thread

Hey hendz, here's how it works . regardless of whether you want to buy or sell , there are TWO ways you can do it . 1) buy or sell At MARKET (buying at the offer , selling at the bid ) =immediate fill 2)placing a buy limit order or sell limit order ...

james16 Chart Thread

Yikes , I missed this cracking pin bar on the nzdjpy weekly

james16 Chart Thread

Managed to catch that one too, few posts back . Divergence and pin bar at swing high , simples!

james16 Chart Thread

Stocks can differ greatly- One rule of thumb is stocks within the same sector , as you mentioned , are pretty highly correlated , though some stocks are pretty indifferent to others

james16 Chart Thread

Check with your broker , but many exotics are totally good to trade ,just stick to the USD And EUR exotics imo otherwise the spreads really dig into your profits . I'd really avoid taking the same direction in eurusd and gbpusd as you would ...

james16 Chart Thread

Yeh the setup on the left would be absolutely fine imo if there was enough space ! I just meant that for a retrace entry it's best to enter with momentum ( I could be wrong though lol. do you have an example of the kind of bar you are referring to ? ...

james16 Chart Thread

Hey mate, You have the right idea, imo, in that you are wanting to enter on a retrace to a nice s/r pivot. IMO though it's best to enter trades like this when the pullback to the s/r level is close by , as opposed to quite far away in this case, pic ...

james16 Chart Thread

The thread is so big! You are better to find the main senior posters, and search through their images and posts, try and look out for: Mbqb11 James16, joelcf, Ghous, Raczekfx, storagepro, bundryraider, Tiaforex. Just search through 'pin bar' ...

james16 Chart Thread

Mike just curious what happened to the old timers ? Like raczek ,Joel, storage pro, seeking light and bundy? They still on the pf?

james16 Chart Thread

Placing an equity trade on ANW: BEOB at swing high with divergence on MACD, entry on retrace (watching out for the FTA, and target shown in pic).

james16 Chart Thread

Ps Mike have you seen the divergence on eurnzd ? Huge lol

james16 Chart Thread

my feed might be a little different from others , but I like the idea of going short on EurJpy based on the daily pin bar with divergence

james16 Chart Thread

It's scary for sure Mike . But let's hope it brings some much needed volatility . Sometimes I look at the monthly charts of the indexes and just wow , they really need a good dirty slump !

james16 Chart Thread

Spotted a nice potential BEOB on ANW, praying it closes good! My annotated chart attached

james16 Chart Thread

I know it's early in the week but I hope CHK closes nice and strong ...divergence with the BEOB close under resistance would be a perfect setup imo

james16 Chart Thread

I'm going to start adding engulfing bars to my toolbox now , I feel my time demoing pin bars has been challenging but I've really learned the importance of space vs traffic . some nice stocks setups coming soon folks !

james16 Chart Thread