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Luso replied Mar 18, 2009Hi Chris, What do you think of the 4h PB or BEOB forming on the eurjpy? I think bar shape is far from perfect and location would be better around 130. But I am thinking taking this trade anyway with SL at 129.45 and TP1 at 127 and TP2 at 125.6. ...
Silent Service Method
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Luso replied Mar 18, 2009Hi, Seems like a PB or a BEOB 4h will form on eurjpy. The shape isn't perfect (wanted to see a bigger nose) and location would be better at 130. But I might take it anyway. Sl at 129.45 TP1 at 127 and TP2 at 125.6 Any different views? P.S. - 15m to ...
james16 Chart Thread
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Luso replied Mar 17, 2009Big Thanks — Hi Chris, Just wanna thank you for adding another place to learn from you. You are a fantastic teacher. Kind regards, Miguel
Silent Service Method
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Luso replied Mar 17, 2009Hi, Pay attention to the weekly BEOB coming from 1.30 resistence. Your trade is with the trend, but I would be fast to take some off and adjust stop to BE. Price has been consolidating between 1.27 and 1.3 in the last 2 weeks. It just broke down ...
Silent Service Method
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Luso replied Mar 15, 2009Hi Jarroo, You just answered to something i asked to Bundy about looking to more TF to make it easier to find PA around the locations we want them to happen.
tyjames16 Chart Thread
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Luso replied Mar 14, 2009Ty you for you reply Bundy. Please correct me if I am wrong, but for what I understood if we add more TF like the 8h, 12h, 16h, 18h, 20h or the ones we want to our analysis, then it would be easier to find PA that other way would be "spans parts of ...
james16 Chart Thread
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Luso replied Mar 14, 2009Hi Bundy, Can you please explain what you mean by "putting the raw price movements into context"? what are lop-sided outside bars? Also, I don't understand what you mean by inside bars thar are actually 2 bar pins and why they are easier to trade. ...
james16 Chart Thread
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Luso replied Mar 14, 2009I have 4 subscribed threads: the other 2 are Jacko's and No Brainer Trades. But honestly, I just follow James16 and Clockwork thread. I am really happy with James16 and don't have the time to study other stuff, at least for now.
james16 Chart Thread
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Luso replied Mar 14, 20093 month James16 Method Experience — Hi StarChild, First of all - YOU ARE AT THE RIGHT PLACE TO REALLY IMPROVE YOUR TRADING SKILLS. If you are new to forex or trading and just started being around the forums don't waste the luck you had to find ...
james16 Chart Thread
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Luso replied Mar 8, 2009Hi Simon, Very nice post. Indeed, James16 is such a flexible method that it allows each trader to adjust it to their style. Regards, Miguel
james16 Chart Thread
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Luso replied Mar 2, 2009Outside bars — HI Bakko, Personally I play them this way: Half the position on a retrace around the 50% fibo of the setup bar, if i see PA in a smaller TF of the setup bar; another half on the break of the low/high If it doesn't retrace, I ...
james16 Chart Thread
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Luso replied Feb 27, 2009This markets have been crazy at the end of the last weeks... big guys having fun stop hunting retail scalpers? humm... I am not playing that game anymore thanks to James16 and his team (rac, clockwork, mbqb11 and others
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Luso replied Feb 27, 2009LOL... I bet who still long from the weekly PB on E/U are right now going to the pubs...
4h BUOB on E/U (IBfx feed) Ty RAC for the quick answer... stops at be now... good weekend alljames16 Chart Thread
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Luso replied Feb 27, 2009E/U — HI Rac, May I ask what are your targets on E/U? I am long at 1.2655. TP1 at 1.2730 and TP2 at 1.2830 Stop at 1.2599 If price dont get to any of that points above, I'll close all positions before market closes. ty in advance,
james16 Chart Thread
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Luso replied Feb 19, 2009Gbp/Usd and Gbp/Jpy — I am watching these 2... for me they are nice setups and the location are not bad are all... PB on gbp/Jpy and BEOB on Gbp/Usd, bouncing from a resistence zone... I am not sure if I'll enter the trades because of the ...
james16 Chart Thread
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Luso replied Feb 18, 2009oops, i am not good posting charts yet.. this is what i wrote from the previous post... the chart is from me... Hi Ghous, I think the 1.20 level is an important one. I would like to see a clear break of it before betting on the price reaching the ...
james16 Chart Thread
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Luso replied Feb 18, 2009UsdChf — Hi Ghous, I think the 1.20 level is an important one. I would like to see a clear break of it before betting on the price reaching the 1.23 ppz. best regards Loking at the USd/chf... After price made through the 1.17 level where would ...
james16 Chart Thread
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Luso replied Feb 17, 2009Boring week so far — I found 2 possible setups on 4h chart (IBfx feed). A BUOB on GbpUsd and a BEOB on EurGbp. I don't think they are good ones. They are near PPZ and both have contrarian signals (PB) on 1h chart. I don't like contradiction, ...
james16 Chart Thread
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Luso replied Feb 16, 2009Gap / PB — When the market open, on sunday, with a gap, it can form a PB in shape (like the 1h PB on EurUsd on IB fx feed). For what I've read and understood, it is not a valid PB (despite location) because it is not between the low and high ...
james16 Chart Thread
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Luso replied Feb 11, 2009Daily EurCad Pin — Yes, I am watching it closely. I would like to see a retrace to 1.610 (50% pin retrace and ppz) to enter. UsdCad also has a smaller pin bouncing from the last 2 weeks resistence. Seems that the loonie is strong. regards
james16 Chart Thread