Looking back at my anaylsis of this pinbar, I see it went exactly as I though it would, the resistance it faced was very strong. It gives confidence that jims, mikes, chris etc teaching is bang on. Dont just take a good PA, look at location and ...

james16 Chart Thread

Ill pass on the E/D daily pin (if it ends as one) as its heading into 3300, pivot zone, 150ema and fib confluence!!, It has its work cut out, maybe a buy stop above 3300?

james16 Chart Thread

I look at 18 pairs from Interbank, I dont look at the obscure ones or ones with less than a screen full of weekly day. This should be enough to present a few good trades every week/day/month depending on TF and style.

james16 Chart Thread

Thanks Chris, I was aware of the differences, just pointing out as you mentioned with PPZ's we see were price DID move around or respect, wherase the floor traders one may or may not be respected and may or may nor line up with J16 PPZ's. Anyway I ...

james16 Chart Thread

I wouldn't pass them up, the key is its open/close are within the previous bar and towards the top/bottom 3rd or quarter of the bar, and also a decent nose protruding. Of course then location is the next thing thing to look for.

james16 Chart Thread

This is something I was thinking about, if we mark PPZ based on S/R where price has shown to respect, then we shouldnt need the Pivot point indicator. If price respected the Pivot Point lines (math ones) then we would catch them with our PPZ ...

james16 Chart Thread

I see, sounds like a good method, I was looking at using Fib retracements of the bar to lower my stop and give higher lots. How do you lower your stop and what about exit?

james16 Chart Thread

Hi Alb, It's not a major Zone but just one with highs/lows and a flip.

james16 Chart Thread

More important than the ema imho, you are buying into a PZ to the left and the pin nose is also a bit small. I would skip this if I was trading 4hr.

james16 Chart Thread

Thanks Mike, thanks for the reply to my post about ma's I cant seem to post charts any more, I am connecting through my mobile phone as I don't have broadband (just moved house).

james16 Chart Thread

I agree, the results that jd posted all agree with what Jim et al have been saying. Someone might say why backtest just trust what Jim etc are saying, howeve the backtesting I have done is reinforcing and building my confidence in my system. It's so ...

james16 Chart Thread

Question regarding setups. Would you consider a PA bar straddling one or two ema's as a good setup? Obviously if it had room to move to the next PZ? I know we prefer these to be on or next to PZ's.

james16 Chart Thread

Just read through the posts that I missed, moved house over the weekend, and have no internet access till end of this week. (in local library at the moment). Again great posts in abundance. If you read this thread and take the advice you are going ...

james16 Chart Thread

I think the message here is try and limit your losses, move to break even as soon as you have some pips in profit, having a break even trade is like skipping the trade, plus you got some trade experience.

james16 Chart Thread

Sorry if this is a newbie question, but I think the answer will effect the win percentage. Weekly/Daily TF. Entry: We have entry at break of our trigger bar (PB,BEOB etc), when does the trade become invalid? If it breaks the opposite side? or if ...

james16 Chart Thread

Sorry 150ema! Is there a consensus on the emas we should give weight to, for S/R? 365/150, any more 200?

james16 Chart Thread

US/CD Stopped out at B/E!. No loss though!

james16 Chart Thread

Might find resistance off 200EMA?

james16 Chart Thread

I have moved to be with the U/C pin bar, now a free trade, I think although theres a lot of hurdles in the area, its useful to a least be in with a free trade incase it breaks down, if not, nothing lost. On the account size issue, reading the advice ...

james16 Chart Thread

US/CAD to 2400? Looks like the next PZ on daily? 2500 looks like a point of trouble also. Im in at break, but moving to BE quickly and taking profit around 2500 (Demo).

james16 Chart Thread