I hope i'll get some decent H8 PB in next 40 mins ;]. The location is lovely.

james16 Chart Thread

This is an option expiration calendar: url Those big moves before 12:00 EST yesterday must have been related to the option expiry at this time. It is important to know about events like that.

james16 Chart Thread

It could be just a retest of the flag/channel before price starts to fall again but price was unable to breakthru last lows instead really big buy orders came into the market pushing the price higher in no time. You see DBHLC on weekly and i see ...

james16 Chart Thread

Price is making LH and LL on monthly chart. Everytime sellers enter the market there is not even one bullish month when rally starts. 1.26 could be simply FTA before price start to go down again. Last swing low TP1 for me ;] Cheers

james16 Chart Thread

Hi PB You just highlighted the area which needs to be broken in order to trigger this trade. It still looks good to me.

james16 Chart Thread

UsdChf — There are some nice setups for next week including this one. It is good time to cut down the risk a little in case of low liquidity.

james16 Chart Thread

Try to risk half of what you are risking now for a single trade. Ocassional losses wont hurt so much and it will be easier to make rational decisions during the trade management.

james16 Chart Thread

Nice one Revstar , it's always good to pull some money out from the market before weekend starts ;]

james16 Chart Thread

Hi , i would say that FTA is bit higher , more like 1.3210.

james16 Chart Thread

GU There was even better chance to get in from the beob on fxpro feed. The bar wasnt in A category by any means but taking into the consideration the current down momentum the location was ok. I didnt take it personally becouse i wanted to see price ...

james16 Chart Thread

Hi BC, I like the symmetry and overall shape of H&S with its sharp tops and tight neckline at 0.7400. I would trade that if there wouldnt be any pb on the monthly chart.

james16 Chart Thread

Hi Joel, In my book its an A+ setup and for me if i wont see momentum to the downside any soon i will start to cut my risk. You could play that as a monthly setup but i am ok with managing it on daily basis cos it is all about the 0.7400 level and ...

james16 Chart Thread

There is a beautifull pattern on NZDUSD chart. In this case there is no point in putting stoploss above the pb high. With all this confluence it is easy to assume there are sell stop orders below the 0.7400 level. If that is true price should gain ...

james16 Chart Thread

I was eyeballing this one for a long time and missed the pullback on the daily timeframe becouse i am a retard .This monthly setup is a beauty and in this case i would rather play the double low breakout or the beob on the weekly tf. The ...

james16 Chart Thread

Hi Pb. Oh fun fun ;] put the stop over the left eye / entry under the pb / breakeven point at the red line and 2/3 off the table at the red rectangle with stop moved just bit higher then pinbar low. The location is pretty bad but it looks like there ...

james16 Chart Thread

Hi Hipcio, I am happy for your progress and with james16 method you must be on a good way but i think it will be very hard for you to make a living from the 10000$ account becouse of the nature of this bussines and expectations of making min. 7% ...

Trading for a living. Are we forex-ready?

When you open a chart and start to analyse it from monthly chart going all the way down to h4 then you could call it top down or top to bottom TA. It is very common method to pinpoint a good probability entry with tight stop. There is a bottom up ...

james16 Chart Thread

You got strong monthly signal and good entry on daily/h4 with tighter stop. In this case its good to leave some room for trade and stop thinking about. A lot of times top to bottom analysis will give you some good runners and i have a rule to not ...

james16 Chart Thread

Hi PB Entering this trade with large monthly stop and tightening it so quickly is risky imo. The momentum upside is good but the area where your stop is at could be easily eaten by retracement. And if you found signal to enter on h4 tf then would it ...

james16 Chart Thread

Hi Be Cool , First of all the pinbar didnt break so by the rules it is not a failed pinbar. If you look at the daily chart you'll see a series of lower highs and lower lows with last highs at the 0.8500 area which is working as a strong res and ...

james16 Chart Thread