James teaches to use MACD for divergence and MA's are also utilised as part of the learning material. regards fxp

james16 Chart Thread

1.5000 round number could push price down again. Weekly bars are also very bearish. cheers fxp

james16 Chart Thread

Well done on the other trades.

james16 Chart Thread

Hi Jankone I see you trading 5 minute charts during holiday season and at this slow period of the day (your chart shows 20:55). Do you trust the price action setups on 5m tf at this time? cheers fxp

james16 Chart Thread

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james16 Chart Thread

Hi djambazov84 Are you talking about todays bar? If you are then it is an inside bar. cheers FXP

james16 Chart Thread

Yeah I like the look of this one Jarroo. I'm in. Not taking any short term positions at this time of the year but this is a nice longer term trade idea.

james16 Chart Thread

Cheers Mike :-) Stilll a lot of work to do but getting a feel for things slowly. Always enjoy reading your thoughts on the markets.

james16 Chart Thread

I'm closing this at 1.3950 time for holiday rest. This is getting easier as time passes :-) cheers fxp

james16 Chart Thread

USDCAD 2 day Pinbar — USDCAD 2 day Pinbar

james16 Chart Thread

Hi Jaroo EURUSD 1st target 1.4052 hit 2nd target 1.3912 cheers

james16 Chart Thread

It comes down to Money Management. If you have 5 USD pairs i.e. EURUSD, USDCAD, AUDUSD, GBPUSD, NZDUSD all trigger at the same time for example you would not want to trade 3% on each for a combined 15% risk. Risk on correlated pairs should be ...

james16 Chart Thread

Best way is usually to have stop above / below the pin with entry on the break of the bar. It can vary though when you get used to these bars. I have dropped down to the 1 hour TF and played this EURUSD daily pin as a range breakout of the flag ...

james16 Chart Thread

Hi Almfx I like this EURUSD pinbar. After comparing this and this USDCHF, which was the other one I considered taking, I decided to go for this one as CHF is showing too much relative strength against other currency pairs. cheers FXP

james16 Chart Thread

Hey Ghous Yes I will play it. Yes this is something that is a possibility and adds weight to the trade idea but BOJ don't confirm these things until quite some time later usually. If anyone has confirmation would be very interesting to know but I ...

james16 Chart Thread

A few thoughts re the USDJPY Daily Pin. Negatives Only a pin bar by 1 pip on my feed. Counter trend Limited visible support on my chart Limited liquidity price could have less respect than usual for the pin.Positives Long nose Divergence (MACD) ...

james16 Chart Thread

Price can gap up above 18 pips if you hold over the weekend.

james16 Chart Thread

Hi Raczekfx Do the big BEOBs on your charts not concern you with these trades? cheers fxp

james16 Chart Thread

Not at all man.

james16 Chart Thread

Google search for Alpari Databank. cheers fxp

EurUsd data csv