That's some damn good stuff there...I was merely looking at the 4H and 1H and looking for confirmation of a rejection of the TL i.e. for a reason to short. I obviously did not get PA so didnt short, but it didnt occur to me to look at the 5min.

james16 Chart Thread

QUOTE=mbqb11;44120]Hey Scott Most of my gaps have a % equity stop. So I will go 3-5% (higher on the bigger gaps that I believe in). Most gaps now that I trade, I scale in even smaller then ever, this keeps fluctuation in equity down. The signals to ...

james16 Chart Thread

Trading Sunday opening Gap — I've been demo trading the above for the last few weeks and looking back over the sunday open over the last few months and 'most' of the time the gap closes very quickly and the gap is small. Last nights open saw a ...

james16 Chart Thread

I have this setup too...my chart looks exactly the same so wont post a replica! Like you say there is a lot of traffic so I would be looking for hard and fast break on this.

james16 Chart Thread

Read post 1 and some of the links that are contained in it, all your answers are there.

james16 Chart Thread

These words are all so true. The emotions of fear and greed are so so powerful and underestimated in trading. The hardest thing about trading IMO is eliminating emotions. In order to pregress I needed to do the following / eliminate the following ...

james16 Chart Thread

Hmm I just exited a long off the PPZ, TL. I marked the area then scorlled down the time frames looking for clues to support a bounce and find a good pin with divergence on the 30min.

james16 Chart Thread

Thought you might have been on this...I took it too...wasnt looking for a 5min trade...but there was a high probability that price would boucne of the 4h / 1h trendline i.e. test it as resistance..scrolled down the time frames and the fact we had ...

Jankone M5 thread

I missed the 4H BEOB...not sure how, actually annoyed I missed it (no excuse!) but actually took the same trade on a breakout and pullback initially and then added at break of the second consolidation and now waiting for a pullback to add. Would ...

james16 Chart Thread

actually tested it and bounced and now has broken through and bounced of the 50% fib...I'd be looking for that area to now act as resistance

Trading with Deadly Accuracy

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Trading with Deadly Accuracy

Re-test of EU trendline (or USD/CHf if you prefer)...is this the type of trade we are looking for?

Trading with Deadly Accuracy

Different MT4...different PA, same result

james16 Chart Thread

A fair few BEOB / BUOB's on the dailies following todays moves... A few that are off interest to me attached... Probably will give EG a miss as the first area of trouble is right below so I would be looking for a quick fast break...but i'll be ...

james16 Chart Thread

If you're gonna take a counter trend trade then you gotta be looking for pins like this...didn't take this myself as don't trade this pair intraday, but noticed it when scrolling through my daily charts. Have you noticed the BUOB on the EUR / ...

james16 Chart Thread

I do trade this pair and took the IB that led to the recent short move (but closed out way too early!) However, I would have to agree with Nasir on this, I dismissed this potential trade almost immediately. After a strong move down that this pair ...

james16 Chart Thread

I'll explain in more detail with charts what I mean this evening when I get more time. As you can see price bounced of the 4H TL connecting the recent highs @ 1.3680. In terms of swings...it's subjective, but the recent 'swings' on the 4H are not ...

Trend Trading Chart Thread

Haha...thanks - great analysis too.

james16 Chart Thread

Haven't got a chart to hand...but EUR/GBP is currently at 0.8840 level which is a clear PPZ area on the daily...watching to see if we get any PA on the 4H / 1H time frame or if we get a breakout higher and pull back

james16 Chart Thread

Don't draw your TL to fit your current price. If you are drawing a TL connecting the highs then it should touch all the highs on the way down - redraw your TL and you'll see that price should meet it near 1.3700. I wouldnt use 50% fibs on small ...

Trend Trading Chart Thread