Should you not be taking an average of the recent highs though to set your order? In this case, there were 4 recent highs made on H1 before the breakout at 58, 52, 53 and 62, so the average of this is 56 roughly, which is where I had my order ...

Fail Better

Not a very good example of a bullish pin - more like a neutral bar IMO. Be careful.

james16 Chart Thread

OK, thanks nymeria. Not sure whether that is wrong or not, I am still learning this method myself. I probably would have liked to see the low of the SFP candle break the more recent low but that is just personal preference. Nice result nevertheless!

Fail Better

It worked out well but that is not an SFP - the low in the 2nd yellow circle should be below the low in the 1st yellow circle and then close above this low.

Fail Better

Thanks Matt, I remember reading this now.

Fail Better

D1 SFP — I am looking at the D1 SFP on Cable. I've taken a few H1 SFPs this week and used the ATR(24) stop method mentioned above. One thing I would like clarified though is if I enter a D1 SFP - do I put my stop at ATR(24) of the DAILY (i.e. ...

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This one? url

james16 Chart Thread

I like to see price close above/below the open and close of the previous bar.

james16 Chart Thread

I was looking at this last night and was in two minds about it, like you. I decided against it as a break of the bar low would take it down into quite heavy traffic and it is also countertrend.

james16 Chart Thread

Thank you!

james16 Chart Thread

Hi Jonas Many thanks for posting those. Could you also post the indicator in the top left of your screen for ATR please? Thanks.

james16 Chart Thread

G/J breakout — Here's a lovely setup IMO on the G/J H4 which I had been keeping an eye on but unfortunately missed the breakout as I was asleep at the time. A very cleanly defined bull flag formation. Could have got a lovely TT entry off the ...

james16 Chart Thread

I missed the Daily PB too - well I saw it but didn't take it! maybe see if we get a retrace to the PPZ around 0.83 and look for some bearish PA around there.

james16 Chart Thread

Oh yeah, had a bit of a brain freeze there!

james16 Chart Thread

What's a BUOC? — I know what a BUOB is but what is a BUOC? Thanks.

james16 Chart Thread

Fantastic stuff on the GJ Jaroo. Didn't trade it myself but great to see it in action. Thanks.

james16 Chart Thread

This Pin was created by an 80pip rise in 1 minute about 20 minutes ago. Stopped me out of a nice short that I was in! Anyone any idea what caused it?

james16 Chart Thread