Hi, It is too early on the day to know where the price will close. But imagine the bar close is similar to your chart: - first, if you zoom out you will see how small that bar is compared with the previous bars. - the nose should clearly protrude ...

james16 Chart Thread

Yes, you're right X.Oden... Just checked it and confirm they dont accept US Clients... best, luso

micro lot brokers

I am using ActivTrades for 3 months and I have nothing bad to say until the present... You have a lot of other instruments to trade in the form of cfd. the spreads are better than ibfx ( i have an account with them too) best, luso

micro lot brokers

Hi, Go here and watch the videos about pivot zones and confluence. I recommend you watch all the material. url Basically PPZ are important zones where price flips. Zones where price finds important support and/or resistence. Zoom out a weekly ...

james16 Chart Thread

Great one... In the future, try to be careful with this late session 1h formations... I got burnt sometimes in the past with this kind of trades... regards

james16 Chart Thread

Hi Nate, This pair has been too choppy for the last few days...between .6490 and .6630, about 140 pips range. I wouldn't take a trade solely based on the triple top, but that is just me. Also, be aware of the big round number 1.65 (bars highs to the ...

james16 Chart Thread

Hi Johnny, I dont see that bar as a PB but just as an IB. The price is close to a round number, which is an important zone most of the times, but I really dont know what to think for now, I mean, I have no bias... Based on my analysis, there was a ...

james16 Chart Thread

Ok, I will put mine here... 3 different views on the same chart... This method is really discretionary and one must adapt it to our style and comfort zone.. Hi Nate, What I see: Price is consolidating for the last 2 weeks. It failed to close above ...

james16 Chart Thread

who said there was something wrong with setting sl and a tp? when i read this on the book i remembered Jim immediatly. i think that's the philosophy behind jim trading when cutting losses short... for me, the rule nº1 has abstract but very important ...

james16 Chart Thread

Hi Aaron, Great, great, great post... RESPECT... You are a fantastic guy Luso

james16 Chart Thread

Hi, I am almost finishing reading the book "Phantom's Gift" by Phantom of the Pits. In there he says something like this: "You shall let the market prove you're correct, but you must not allow him to prove you are wrong". By saying this he means ...

james16 Chart Thread

I disagree... Everything one needs to know about the method is on the public forum... - The mini dow strategy?!? what are you talking about??? PPZ and PA?!? what is the difference??? - James16 mentioned many times the 150 and 365 ema in the ff forum ...

Silent Service Method

Hey Adrian, Thank you for the info. Tonight I will read the website with more attention... Did you see who was one of the guy's mentor?!? Regards, Luso

Silent Service Method

At such big zones, i draw the lines at the extremes of the ranges because there is room for a big move is PA is shown at the extreme levels... You second box has a 500 pip range. So, if you see PA around 1.03 to go short, why don't you take the ...

Silent Service Method

Your first box: I have my ppz at 1.08; 1.18 and 1.22... I also look for PA around the big round round numbers like 1.10; 115 and 1.20.. So imagine we see a short PB touching 1.22 and closing below 1.20... Then I would enter short and would be ...

Silent Service Method

Hi Adrian, Here are the areas I am looking for PA on this pair... The next big zone to wait for PA will be between 1.10 round number and the 50% fib of the big weekly move up... Wish you a great weekend, Luso

Silent Service Method

Hey Mahesh, No problem. I think you are finding good candles regarding their shape... But more important than that is the location... I would suggest you go to the weekly and daily tf, zoom out your chart, and find the best horizontal S/R (ppz's = ...

james16 Chart Thread

Hi Mahesh, Yes, that is a TBLHC. But, It would be better located at a good swing low. Also, be aware that there is the 1.65 round number just above it. Well, it can work out fine, but it is a little bit too risky in my opinion... if you play it, ...

james16 Chart Thread

I am doing very similar to you, g_j. I mean, regarding to adding... I look for daily or 4h setups. If price doesnt break and start to retreat I go down to 1h and 15m tf respectively and look for PA only in the direction of the main setup. After ...

james16 Chart Thread

hi Jarroo, Do you have any special reason why to draw the fib from the 30/06 high and not from the 12/6 high? If you draw from the 12/6 high the 61.8 level would be around 156.50... regards, Luso

james16 Chart Thread