Ah ok, I thought you were looking at the 4h chart before. My broker doesn't show quite such a gap as yours, but yes the news did spike that one through. There was an opportunity to take a long position based on the tweezer bars which retested the ...

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I'm with ya! Eyeing up the Gap marked in pink as the possible target area... most of the time these will close. Best, Chris

james16 Chart Thread

You beat me to it! Thanks

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Hi EntropyLad, I can't see your charts either. Nothing showing up. It was the same the other day when you tried to post the USDSGD chart. Best, Chris

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Did you play a pure break of the support rather than wait for a BPC?

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Hi Albertsy2, You'll find that over here, we tend to refer to hammers as pin bars. Same thing, different name - hope that helps!

james16 Chart Thread

That's a nice entry price. You should be able to get yourself in a free trade pretty quickly with this one

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It's pulled back nicely to the retracement trendline, and could trigger with the news in a few mins. For me though it's a pass, as the swings just aren't harmonic enough. I was hoping for a retest of 1.6000, but we never quite saw it. Best, Chris

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GBPCHF — Anyone else in this today?

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Here's a chart with my trendline drawn on it. I prefer the trendline to pick up obvious lows/highs of bars, rather than trying to 'fit' it to a retracement. Also, a trendline closer to 45° is always preferable over a steeper line. This may still ...

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No PA on my charts at the moment. Have you got a chart with what you're looking at?

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You're definitely getting it right Pip Dawg. Trading itself is very simple, and all good trading methods should follow suit. The hardest part comes from controlling one's emotions. Each and every trader goes through a learning curve, some progress ...

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Keep the patience Pip Dawg. It may never break, but that's just the way it goes sometimes. Your analysis is correct. Keep spotting these day in day out and you'll catch those that do fit the criteria. We can't control the market, but we can react to ...

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Good analysis. With JPY crosses moving south as well, it may not be too long before we see some more large moves occuring in those pairs either. I'll defo be keeping a eye on EURCHF over the coming days as I'm still in my GBPCHF short from 1.6995. ...

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That would be the Swiss central bank intervening and trying to keep the value of the Franc at what they conceive to be a reasonable level against the Euro. I don't know the reasons behind it, I'm a trader not an economist, but suffice to say that ...

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Insightful post on EURCHF here: url A reminder that we all need to bear the longer term charts in mind before we take a trade. Here's to a profitable month to us all.

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Pin bars appear A LOT on the smaller timeframes. If you just looked for them and traded them anywhere, you would soon blow your account. It's all about location, location, location. Then we search for the price action to tip us off as to what will ...

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No, I'm all out at the same level as yourself. Pushing to the lows was enough for a Friday like you say. Absolutely! Trading is all about protecting your equity and minimising your losses. The key is identifying areas where price is highly likely to ...

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Nicely done Yep, they're pretty much the staple of my armoury. Plus Bearish and Bullish Outside Bars (BEOBs, BUOBs) Best, Chris

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Here was the real entry on fiber. Break of trendline with news. Retest, 5 min pin bar and down we go

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