Well for H4 I like my Round Number for EURUSD to be in 100 pip intervals, that helps me to spot S/R and surrounding PPZ quickly. And I always pay attention if price could or could not close above/below it. Here on this Alpari chart I see Price is ...

james16 Chart Thread

Hi MC, short on the break yes, so I was already when it retraced. Initial SL was 0.9219. Now as price reached FTA I moved to BE.

james16 Chart Thread

Thanks! At the BE waiting for my target to be hit. Trying to stay more than first trouble area... well lets see.

james16 Chart Thread

Price really KNOWS where to go...

james16 Chart Thread

and reverse to short?

james16 Chart Thread

Gold is moving nicely from that 2 top. Unfortunately I canceled my order as I began to experience some doubts bacause the BEOB could not close below the previous bar low....

james16 Chart Thread

cool but I don't watch Fibo's neither. Because if you plot them other way around that BEOB is probably on the 23-38% ret from the previous move up...

james16 Chart Thread

Buffer is usually 3 pips for H4, 5 pips for Daily, and 10 pips for Weekly. So my entry was 3 pips below that Beob. No, I don't use any MA's, only MACD for Div.

james16 Chart Thread

Yes, as a newbie myself I enter on break only. This is FxPro. BEOB at swing high, engulfing 3 bars, closing below 2. Room to move to FTA. With Div at RN.

james16 Chart Thread

Yep, I like it too and I'm already in

james16 Chart Thread

looks really strong to me

james16 Chart Thread

Thank you very much for your second post

james16 Chart Thread

Hi Dyekid, this is your FIRST post in public thread ever but you already joined the PF? Cool! I am still thinking LOL, soon to be a year here...

james16 Chart Thread

Thanks for your input! After long time analyzing I made my mind to take this trade on a break of BEOB. Will keep you posted. Thanks.

james16 Chart Thread

Hi Pat, thanks for reply. That was a nice trade you took, but I am still too chicken for anything below H4. You are right I also hate it being W2, I remember a demo trade I took that lasted for month without price really going anywhere, lol. But on ...

james16 Chart Thread

This one is now on my radar. I love it really. But would be interesting to hear any comments especially critisim please! This is W2.

james16 Chart Thread

it is now behind that left eye @1442.10 but I will reduce it quickly by moving behind the breakout bar (it it breaks). My entry would be @1422.35 "Desired" target is @1400

james16 Chart Thread

And Gold is now showing a BEOB at 2 top with Div. FTA is close, so very tight trade management would be needed...

james16 Chart Thread

Maybe because your chart is SilverEURO and mine is SilverUSD ? Anyway I got the point, the bar does look small, even compared to the last bar to the left, so it has a low probability to reverse this strong move up. Better skip it. But the shape was ...

james16 Chart Thread

I think the absence of space is the main problem here, and then those two you mentioned also

james16 Chart Thread