Hey Ricosta, This is what i am seeing or expecting, if it plays this way i will buy, if not i will look to sell if it shows more selling pressure.. I am looking to buy on a bounce below resistance as it bounces back up through resistance as it looks ...

james16 Chart Thread

Hey Ricosta, Nice spotting, yeah i am watching that one as well as the aussie.. Waiting for a pullback is best like you say then wait for a bullish sign, maybe tonight or tomorrow it will show. However trade with caution as it could just be testing ...

james16 Chart Thread

Hey Ricosta, I have never tried using the monthly for s / r lines, however i do look at the monthly.. Oh i just checked two charts and the weekly lines line up where the monthly lines would line up as well.. The weekly must generally be close to the ...

james16 Chart Thread

Hey Ricosta, With the support and resistance lines i recommend drawing them yourself. To do it so go to the weekly chart first and find areas where it bounces multiple times. Then go to the daily and do the same.. You can also do so on the h4 as ...

james16 Chart Thread

Hey Dark Wolf and others, Are you referring to the gap caused by over weekend as the prices moved alot over this last weekend.. Spanish news... with oanda forex charts show price over weekend as well so there is no gap on my chart as seen below.. I ...

Price Action and Trading Discussion

EDT time yeah with oanda.. i think that is new york time..

Price Action and Trading Discussion

Hey Rona, Yeah i see what you all mean, if i got in at swing high it would be more than 100 pips in profit now.. I was a bit late there.. I put stop loss at 10 pips in profit and will wait and see with this trade... Currently just over 40 pips in ...

james16 Chart Thread

Hey Mike, I see what you mean by it was not at a full high, i went on the retracement sell pinbar at 1.0250 after it bounced at 1.02 previously( 50 pips in profit now on trade ).. A bit risky like you say especially if missread.. Will take note of ...

james16 Chart Thread

Hey Rona, I see what you mean as it is FTA.. However i entered just after the pin ( so in profit ) so will wait and see how it goes at that weekly support line.. Most likely it will bounce but will adjust stop loss in profit zone just in case this ...

james16 Chart Thread

Hey Bud, Why not sell if it shows good price action at the top resistance, like it is now..? There is a good bearish pinbar on the us cad.. image Regards, Timon

james16 Chart Thread

That looks like a good trade, i will be watching that one market open, it bounced nicely off the 1550 support.. What do others think on this trade..?

james16 Chart Thread

I am bullish for now.. — Hey Elena, I went long exactly where your saying as well around just above 0.99.. Currently in profit around 15 to 20 pips, i will decide on Monday whether to hold or close with a small profit depending on if it does ...

james16 Chart Thread

Hey Elena, Looks like a good setup for me with pin bar however just be careful because the size of the bearish candle is small..

james16 Chart Thread