Really appreciate the advice - more chart study time I think! J

james16 Chart Thread

Duh - sorry Benji - chart attached (Euro Cad) waited for break on BEOB - I know quite small but thought off 14000 VBRN(very big round number!) and strong downtrend was reasonable (took exit from oct 07 monthly close). Just didn't see anyone take it ...

james16 Chart Thread

Fantastic post again, Benji - have been just looking at identifying setups for several months and now looking at the money management - risk/reward issues. You mention .1R and .3R - assume this refers to risk/reward ratio - most grateful if you ...

james16 Chart Thread

Aha - I did wonder, - so for example, perhaps a rate rise causes a spike (pin), then BRN, FIB, etc confirms this reversal in everyone's mind and away we go! I guess this reinforces the need for confluence which everyone else will be looking for to ...

james16 Chart Thread

Very interesting points - thanks J

james16 Chart Thread

I agree that you certainly don't want to follow Fibs alone or other PA action just blindly. My point is I just wonder how much FIBs/PA/BRNs etc are a cause (as in trigger) or an effect (as in indication) of Market moves.

james16 Chart Thread

I sometimes wonder if there is an element of self fulfilling prophecy in Fibs/PA etc- 'look its retraced to 61.8 + swing low/high + pin = lets sell/buy' ?. If we all believe it will happen, we go ahead and do it. Interested in books you mentioned ...

james16 Chart Thread

Yep that's the one - Nature Tours (formerly trading as Jurassic Park Enterprises) J

james16 Chart Thread

This thread is extraordinarily generous, massively informative, fun and occasionally downright weird (did I see a picture of a hog on here once -about the size of a house? - may be I dreamt that) J

james16 Chart Thread

V useful stuff as always - thanks Jaroo J

james16 Chart Thread

Thanks Jaroo - need to check out some other feeds. J

james16 Chart Thread

Hi Jaroo S'pose the different PA here (FXPRO UK) is due to different timezone feeds? Any thoughts on Nz/USD daily pin breaking 7000? Thanks J

james16 Chart Thread

Been lurking around for a while - starting to make sense and just can't thank everyone enough for such a great, friendly and welcoming thread. Jaroo, Mike and others have already been very helpful - learnt a lot (including how to attach smiley ...

james16 Chart Thread

Um ....pass! J

james16 Chart Thread

Sorry - didn't think anyone would believe I was serious!! humble apologies - smiley face belatedly

james16 Chart Thread

Wait - BEOB just breaking - could be 2 - maybe 3 pips? J

james16 Chart Thread

Thanks - clears that one up! Jeremy

james16 Chart Thread

Thanks for that - although I use FXPRO in UK so presume its time difference. Jeremy

james16 Chart Thread

Notice on a couple of charts that the pin shows a lower close, on mine it is a higher close? Thanks Jeremy

james16 Chart Thread

Just want to thank Jaroo, Trigger and everyone for superb advice as always from this great thread - really nice start to the week. Jeremy

james16 Chart Thread