Hi Mike, Sorry for the late reply as I have been away celebrating Chinese New Year. Thank you for your input from the previous post. I'm currently in a trade which I think is a good setup. I will be taking partial profit from the 1.32 RN and hope ...

james16 Chart Thread

Hi Mike, Thank you for your explanation. I have a question though. When will you choose to use a TL and when to use a box? Do you draw both and look at the one with better confluence? Here's another breakout chart but I have problem with the stop ...

james16 Chart Thread

Hi Ghous, Thanks for reminding me to wait for a A-grade setup. I have been waiting for a breakout for quite some time but when it didn't manage to pullback to the top of the box, the fear of missing out cause me to find reasons to take a trade. My ...

james16 Chart Thread

Hi Aretes, Price is losing momentum. (See the blue lines). I believe this signifies that the uptrend is going to end soon. Perhaps we should look for a bearish breakout signal. I'm still new but I just want to point out the divergence for you. ...

james16 Chart Thread

Ghous, CryAgony, Thank you for the explanation on the pinbar. I find it very helpful. --- Mike, Ghous, It seems like price finds difficulty penetrating the 144.846 level. With two pin bar forming (nearly a DBL but not), can we expect price to ...

james16 Chart Thread

Thanks Ghous! I didn't notice the 144 RN until you pointed it out. After much consideration, I've decided to wait for a pull back due to: 1. The indecision bar on the daily chart. The upper tail is longer which signal more selling pressure. 2. ...

james16 Chart Thread

Hi Ghous, Thank you for taking time to reply my post. However, I think that you have misunderstood what I said, sorry for my bad English. What I mean is, in the H4 chart, there is a bullish pin bar that is with the trend. My concern is that the tail ...

james16 Chart Thread

Here are some other charts that I find interesting. The first chart: A pin bar formed at the bottom of the box and close within the box. The location of the pin bar creates space for price to move upwards (around 100+ pips) before reaching FTA. I'll ...

james16 Chart Thread

Hi guys, I need your advice on this breakout. On the daily, there's only an indecision bar. However, in the 4 Hour chart, we can see a pinbar touching the high of the previous false breakout. Should we trade the break of the pinbar or wait for a PA ...

james16 Chart Thread

Thanks Jarroo, When you mention deep swing point, do you mean the area with arrows pointing at them? How would you define a big PA? Thank you once again!

james16 Chart Thread

Hi guys, Can you take a look at this setup and let me know what have I done wrong? I took a short position (demo) because the pinbar occurs at the 61.8 fib and PPZ. Also there is space (150+ pips) for it to run towards the 0.95 BRN. Thank you and ...

james16 Chart Thread

Why I enter: 1. The previous 2 bars form a dark cloud cover. If we combine them, it'll form a pin bar with a nice, long tail. 2. The price action is supported by the confluence of 61.8 fib and 150 moving average. 3. Monthly pivot is a few pips ...

james16 Chart Thread

Thank you for your input! Seems like I have to find a new broker.

Huge spike: what happened?

Got it! Thank you Greenhaze =)

james16 Chart Thread

This is how i drew it. Did I do it wrongly? image The pin bar signal a counter trend instead of a reversal because the previous two week were bearish for this pair. Is that what you mean?

james16 Chart Thread

Hi, Would like to ask, what is your opinion on this pair. Is the pin bar valid? image Cheers, Kenny

james16 Chart Thread

Hi Mike, thank you for your guidance. I get it now. =)

james16 Chart Thread

If the upper wick is shorter, will it be an indecision bar?

james16 Chart Thread

url May I know why is it a pin bar but not a indecision bar for no.2?

james16 Chart Thread