Fair enough... There is some traffic to the left (and that is normal in case of flag pattern) but if price manage to break the lower trendline with good momentum then we might get another strong leg to the downside. The stops above the resistance ...

james16 Chart Thread

Dont be so quick to dismiss this setup. It looks interesting imo.

james16 Chart Thread

I would fade your overconfidence if such chart exists.

raczekfx chart thread

Yen & Chf are perceived as a safe heaven curriencies in times of global turbulence. This is one of the reasons why yen was rallying. Another one was insurance companys that were exchanging their money back to yen currency. In case of the 16th mar ...

james16 Chart Thread

To be honest i have no simple answer for that question. Right now i am concentrated on GU and 1.6020 level. Imo this level keeps the key to 1.5980 support and i hope to see price busting thru the 1.5980 on Non-farms... This are my assumptions only ...

james16 Chart Thread

I am also sitting on my hands. Hope to see some clear pa around Non-farms today.

james16 Chart Thread

You have to take into account the 18 mar boj/ecb intervention which this time succeded and i can only believe that boj want to see price above the 80 level. Nothing happens without a reason. EJ and UJ are showing actual market sentiment with strong ...

james16 Chart Thread

It is April Fool's Day! Good night Imfy...

james16 Chart Thread

It looks like its time to evacuate and maybe reverse the position. This support has been sloshed(does this word even exist lol?) back and forth and i guess it lost its significance as a support. BTW AU had 11th day with higher close but pinbarish ...

james16 Chart Thread

Just bought Usd/cad at 0.9705. Nice PA on H4 ...retrace entry on m15. 0.9700 might be good barrier for sl. Add on breakout......

james16 Chart Thread

It didnt broke yet. Price needs to break the bar high, which in this case is 1.3760 on fxpro.

james16 Chart Thread

There was really good opportunity to enter the EurCad long yesterday. Price was at the daily/weekly flip zone area. What James16 is doing, is looking for a better entries at this kind of areas which can be found on lower timeframes sometimes. In ...

james16 Chart Thread

I know about "forced sellers" on contract expiry, when they roll on to the next contract but i am not really sure what are you trying to say here. Can you give some examples of that?

Order Flow - Achieving the mindset

Asian sessions are full of surprises lately. I will be on the hunt for retrace entry tomorrow morning.

james16 Chart Thread

BOJ+G7 are selling yen. BOE and ECB are slowly starting the process of raising interest rates. Is it good time for carry traders to hop on the ***/jpy long train? The market conditions are appealing and...this monthly PB looks super attractive.

james16 Chart Thread

1.6250 area looks juicy. Some positive comments about interest rate hike and we might be there in no time. Are you playing with ***/chf shorts Jarroo?

james16 Chart Thread

It also looks like a breakout&retest of double bottom at the daily support.

james16 Chart Thread

A+ trade imo. Stops were tipped...price went back above the 1.5980 level with strong momentum....slowly retraced to 1.5980....and kaboom, h1/m30/m15 strong buob bar. It wont get much easier then this.

james16 Chart Thread

Looks like stops had been consumed. Now we have V-shape bottom and breakout traders stops must be somewhere near . 1.5980 looks good now. PB on daily?

james16 Chart Thread

Gold still is making HHs and this area might be good to look for bullish pa. First test of confluenced breakout zone & 1400 just below it.

james16 Chart Thread