oh baby..i've been waiting for a long...long time for these kind of setups. If it would close just below the open below 1.6300..it looks perfect. The nose of the pin is just more than enough for a pinocchio bar. The only problem is that there seems ...

james16 Chart Thread

am watching the same thing..hope it closes below the 150 EMA and it even has room to go..perhaps closing the gap that was never revisited when it gapped up on monday. image

james16 Chart Thread

AUDUSD — This pb looks nice.. off the 1.0500 level image FTA 1.0385

james16 Chart Thread

i entered at the break of the bar 1.1834, mulling over taking a loss to prevent a full bar loss.

james16 Chart Thread

are you still in this trade? image

james16 Chart Thread

Where your orders placed for gbpchf and euraud? Break of the engulfing bars?

james16 Chart Thread

Gold — Anybody else notice the BEOB on gold off the 365 EMA?

james16 Chart Thread

EURUSD - on 2nd thought.. — In support of ricosta, the pair, despite a nice BEOB has a trendline supporting it and traffic to the left. Probably wouldn't move much after breaking the bar and might be subject to strong retracement upwards. ...

james16 Chart Thread

why is that? shouldn't we just look at the charts? why BRN 1.25 specifically?

james16 Chart Thread

EURUSD — BEOB forming on daily. It is below the weekly levels now.. image

james16 Chart Thread

Gold daily — a nice large pinbar off the 365 EMA and weekly LCS and HCR levels. image looks kinda sweet..

james16 Chart Thread

GOLD — We have a bounce off weekly LCS at 1563. However, there seems to have an HCR at 1624 and then an LCS nearby at 1640. So which one should we watch? image

james16 Chart Thread

Question for jaroo (or anyone else familiar) — Regarding HCR and LCS levels, if price is below those current levels, we still do take both of them into account right? Say if price is below the current LCS level, the LCS is still a resistance ...

james16 Chart Thread

CADJPY — nice pinbar off the weekly LCS: image image Seem we have a PBT & CA on the weekly above the 77.23 level. Daily targets outlined.

james16 Chart Thread

S&P 500 — I like the look on this chart..pinbar off 150 EMA. image

james16 Chart Thread

hey jim, thanks for your reply earlier. may i ask what is the mt4 platform you're using?

james16 Chart Thread

Thanks for your reply. So generally, you set the weekly LCS/HCR levels and play on the daily TF? the hourlies are for you to exit. For example of a touch trade generally, 1) you find any PBT & CA/B to pick out the direction price is headed; 2) you ...

james16 Chart Thread

Are my weekly HCR and LCS levels correctly mark by the red lines? image

james16 Chart Thread

Oh yes, I had mistakenly spotted a 4-hr TT earlier on when this should be the correct one. image

james16 Chart Thread

If anything, this made me learn something - never commit to a trade without wholly assessing Weekly S/R ( or LCS, HCR) levels. Should be more than worth 25 pips wouldn't you say?

james16 Chart Thread