Ej long...somehow still in... — Hi guys, so here is the Ej long from the pin bar on the weekly, my SL is at 159.7, which is just under the nose of the Pin bar, at first upon taking the trade my first thought was to place the SL at the low of ...

james16 Chart Thread

broker feed problems... — Hi Dutch trader and Jankone, if you are using diff brokers for your market watch this kind of confusion may generate, these were among my first worries when i started trading PA. one of the few possible reasons for ...

james16 Chart Thread

good to see that you were able to avoid this trade, the pin bar on 4H Au did actually work out as price did make it to the north, though unable to close with authority...to me Au is far from a long and since i trade only daily and above i won't even ...

james16 Chart Thread

here is soemthing interseting i see on the 4H chart... nice bullish divergence with the macd, my only concern is that i would have rather have wanted the diverhence to show itself from the previous bounce of the white tl, it did bounce but went ...

james16 Chart Thread

the price has retraced just too much for anyone who traded this pin bar, personally i want to give this pin bar all the chance i can within my MM, on my feed we're just a few pips from the tip of the nose of the PB, i plan to hold the trade for some ...

james16 Chart Thread

Great charts Mike! and i like your approach though it's a bit different than mine, what you're looking to do is to wait for price to pull back to the breakout area first and then find a PA to confirm the breakout move... the problem i see here is ...

james16 Chart Thread

and i don't feel the need to add on any positions...feel free to do so if you like...

james16 Chart Thread

i still loook upon it as res from the 161.5 region ppz, but the weekly pin seems far from giving up! it seems it's busy forming the right eye to build into a handosme pin bar

james16 Chart Thread

Hi Forex007, the most important point abt trading trendline breakouts is the fact that there is no hard and fast rule abt breakouts, although ppl like Demark and others have tried to extract some rules out of these uncertain markets, the raw truth ...

james16 Chart Thread

oh! i get it now, thanks!

james16 Chart Thread

it's a DBL fine, but the first bar forming the double bar clearly closed below the second bar's close...

james16 Chart Thread

here are a few examples to prove this...

james16 Chart Thread

i am not doughting the great knowledge you posess SL but this really is a new concept to me, i believe what i posted earlier, a line that can provide resistance can provide support too, but i guess you don't believe it's true for trendlines...hmm... ...

james16 Chart Thread

if i remove the multiple colors from my chart, it still resembles the TBL according to Jim...

james16 Chart Thread

oh! need help jarroo...

james16 Chart Thread

Then why exactly is it true that a supporting horizontal line can well provide resistance? as i see it any line that can provide res or support is eually good to be used for either, There are a million examples where it can easily be concluded that ...

james16 Chart Thread

this is the trendline i was referring to, had this trendline not been there all of the stuf you posted was valid, but this TL seems to be a nice source of support, atleast uptill now...but i agree though that there is strong res too...

james16 Chart Thread

you are making the same mistake with EU as the one with NU, read my earlier post... EU is still on a very strong support line, shorting may once again not be a very good idea... Regards, Ghous.

james16 Chart Thread

ok let me first tell you that i am in long Nu as well and have no plans of closing atleast not for some time... coming down to your idea of a short... fine the previous trend was down, it was even strong bearish momentum which i love...but...the ...

james16 Chart Thread