Chart as requested. It's a no trade for me. Pinbar is too small compared to previous bar and no space to move. Doesn't mean it won't drop but not one for me. cheers fxp

james16 Chart Thread

I intended on taking a retrace entry on swissie but have cancelled order due to the strong dollar today. This bullish bar as per chart is a good enough reason for me to cancel.

james16 Chart Thread

If a good setup comes along I will take it now. Follow my money management and try not to get emotionally involved. If I start trying to understand Obamas influence/fundies etc it will make me deviate from my trading plan and I now realise this is ...

james16 Chart Thread

Swissie setup — I will place an order at the elipse area on my chart just below the 1.1700 round number. This would be a retrace of the daily BEOB and a test of the broken trendline. Pinbar on dollar index gives additional confluence.

james16 Chart Thread

This trade was one that called out for me to trade it. Thanks for teaching this stuff. Respect. FXP

james16 Chart Thread

Sounds reasonable enough to me. Pin bar retrace into a gap.

james16 Chart Thread

Spread betting and holding a position like a daily pinbar will cost you the spread for every day you hold it. i.e gbpjpy 7 pips held for 5 days costs you 35 pips. Minimum position size is usually 50p minimum with spread brokers so a weekly pin bar ...

james16 Chart Thread

No problem

james16 Chart Thread

Last weeks daily pinbar held above the strong PPZ at approx 130. Friday also closed above this PPZ. The daily pin bar has not been invalidated until the low is taken out. All I was saying was that the market feeds off orders and there will no doubt ...

james16 Chart Thread

I would expect the stops to be taken out below 130 (retrace bus I thinks Seeking Light called it) but the daily pin is still very valid. Nothing would suprise me though.....

james16 Chart Thread

Hi Forextine, Closed just below next round number @131. As I said it was easy money in the bank. As this was a lower time frame entry I was not going to be greedy and go for the full gap close.

james16 Chart Thread

GBPJPY Price gapped down tonight to the PPZ and daily pin entry point from last week. A small but extremely well placed 1 hour pin off the 130.00 level was easy money in the bank :-)

james16 Chart Thread

Damn paparazzi taking photos of me again......

james16 Chart Thread

EURJPY This should hit the bar highs (TP) just below the major round number. Free trade now anyway :-)

james16 Chart Thread

Good to see you doing well with your trading Jankone

james16 Chart Thread

Big round number, clearly defined PPZ and nice daily pin. No need to make it any more complicated than this

james16 Chart Thread

Weekly PPZ and big round number 1.5000. Looks good to me

james16 Chart Thread

Sounds like your broker isn't open for business yet hence not being able to move stop etc. If you are very nervous you may want to cut your risk (or demo) in future until you understand the broker hours etc. regards fxp

james16 Chart Thread

Nice

james16 Chart Thread

Nice 1 hour pin — This was a great oppportunity. 1 hour pin bar of the 150 EMA with bullish daily PA as support.

james16 Chart Thread