Hopefully with a bit of patience we hit it

james16 Chart Thread

It depends on how you play these bars and what your strategy is. Price was not at a major swing low and therefore the traffic you were trading into needed to be noted. If you are trading pins with no space to move into you need to get your stop to ...

james16 Chart Thread

I have a hard TP set on the AUD/USD @ .7340 It could be a big mover but my reading of the weekly chart and the big Bullish Bar from last week has me looking for a modest target. This area is the 23 fib and obvious previous resistance could turn ...

james16 Chart Thread

.7500 could provide some strong initial support so my stop is above the BEOB high away from any small bounces off the round number. I sometimes play a smaller stop but my stop on this has been placed above the reason I entered the trade - the weekly ...

james16 Chart Thread

I have a sell order placed just under 7500. If it breaks today (London/NY sessions) I will take it. If it stays in the 7500 to 7700 range for another day I will pull the order. Edit: It broke as I was typing :-)

james16 Chart Thread

I love the location (check out the nice PPZ flips on the weekly chart) but the sideways action over the last three days is making me cautious. Also the big bullish bar on the weekly (last weeks bar) puts me off a bit.

james16 Chart Thread

Didn't see anyone folllow this up with a chart so allow me. Think I have the right chart correct me if I am wrong..... Awesome resistance area to look for PA. Also love how the BEOB gave a hint of the breakout previously. Class.

james16 Chart Thread

Mate your charts sure are easy to read. Really like the way you mark them up

james16 Chart Thread

Cheers man, I have learned a lot of what I know from you

james16 Chart Thread

Price reacted as we would reasonably expect at my main TP area.

james16 Chart Thread

Have taken partial profits and stop now at BE. I wouldn't be suprised if it's another week or so before another good setup comes along but it will and I will be waiting patiently.

james16 Chart Thread

It is true that nothing can beat reality. But it does not cost anything to do three months demo trading and therefore it is a no lose situation.

james16 Chart Thread

Yeah the BUOB with trendline break on this one looks interesting. Cool. Nice one squeezy Yeah I will potentially leave a little on the table with a view to a longer move too with stop at BE if it hoits my target Time for some wine

james16 Chart Thread

As it turns out I like the way that price has reacted to this setup and have sold with a view to holding into next week. TP is the previous swing low.

james16 Chart Thread

Nice analysis

Cable Update (GBPUSD)

Hi Digger48 Take a look at the weekly for the GBPJPY pair you posted. If taking a daily trade when would you take profit bearing in mind you would be trading against a weekly BUOB (admitedly not at good swing low but still amixed signal)? Would you ...

james16 Chart Thread

Well after analysing all my pairs it's another pass for me. Nothing outstanding and tomorrows data could throw a spanner in the works if just going for a few pips. Catch you guys next week.

james16 Chart Thread

GBP/CHF

james16 Chart Thread

Looks very interesting 1.5000 round number. 150 EMA BEOB. mmmm tasty. If AUDUSD can close below 0.7500 would also be another interesting setup.

james16 Chart Thread

I'm with you there buddy

james16 Chart Thread