open a daily chart on audjpy, and look at the 80.00 round number, spot the i4bs that are straddling that round number, then look at the success rate. AUDJPY i4b dates: June 12, 2009 December 22, 2009 February 3, 2010 February 15, 2010

james16 Chart Thread

Nice work!

james16 Chart Thread

I was really thinking HARD on taking this one counter trend. It was a very difficult decision for me I'm not even going to lie lol. the thing is, that 1.000 is a huge RN, and I4Bs straddling these numbers are sooooo strong. I decided a 1% risk/tight ...

james16 Chart Thread

Just for anyone who is skeptical on my recent run of trades.

james16 Chart Thread

It's the I4B straddling the 1.0000 we were discussing on USDCAD recently.... I was very hesitant on this one, BUT, I4B's that straddle very big round numbers fail very very very very rarely. Easily the best PA setup in J16. counter trend risk 1%. ...

james16 Chart Thread

USDCAD took it counter trend for 1% risk (I had a sell stop order for a 2% risk), full profit take @ 1.0100 round number. lol, I just looked it's still going! I4B's remain the most powerful form of PA in my honest opinion.

james16 Chart Thread

double tops/triple tops/head and shoulders is one thing. In fact head and shoulder patterns are probably one of the best reversal patterns because it's showing the swing highs and swing lows are now changing direction. THIS, ON THE OTHER HAND, IS ...

james16 Chart Thread

Yes sir, but a bar is always referred to as an I4B... some bars can be I20B's, but it's still called an I4B...

james16 Chart Thread

I don't want people to think I'm some kind of crazy trend only kinda guy, but honestly, there's a few pairs you have to be insane to trade against right now. Mainly the commodity currencies... also until EU starts to prove it's ready to move up in ...

james16 Chart Thread

for me it's just one more criteria to keep me from having a loser....

james16 Chart Thread

ppl get.... "testy" when you mention trend

james16 Chart Thread

right, short you are trading straight into all of what you circled there.

james16 Chart Thread

Of these two pics, which one looks like more fun? image or image

james16 Chart Thread

no doubt.

james16 Chart Thread

With this particular I4B, I'm looking to short primarily. I am honestly still on the fence about catching the long break (counter trend). I may just do a 1% risk on a long break, where I do a 2% risk on the short break. first target, move stop to ...

james16 Chart Thread

uh oh. I4B on 1.000

james16 Chart Thread

I like to know just so I know... I mean the US market hadn't even opened yet, and it's monday, so that leaves me wondering.

james16 Chart Thread

how the hell.... I don't even.... ????? I cannot understand what happend there....

james16 Chart Thread

sell limit @ 500.00, S/L @ 510, trouble areas highlighted.

james16 Chart Thread

we are looking at something different...

james16 Chart Thread