Billy may have gone to check on the O.J. numbers Welcome back!

No Brainer Trades

Hi Joe. We don't know if that's the real trend line or not until price moves below 102.57. I have made too many mistakes in that area until I read Vic Sperandeo's book on how to draw the correct trendline. There could be a chance that UJ will touch ...

james16 Chart Thread

We may have a possible setup here on EC. Weekly PPZ is at 1.5500. It's the first time coming to this area. A daily PIN has been broken to the upside. We have more upside potential here.

james16 Chart Thread

Trend in what time frame ? On the weekly it appears down. On the daily it found some weak support @ 1.5300. Cheers!

EURUSD

Hi Rac. My answer is to short on the break of the PIN Three reasons: 1. It's sitting on the PPZ. 2. There is a MACD divergence (you told us already in your chart ); and 3. There is a DBHL formation on the 4HR chart, which also signals downward ...

james16 Chart Thread

Went long on the break of the 4HR pin. Closed around the weekly pivot (using Habeeb's indicator). Tomorrow is Friday and I have a better chance to lose if I am trading on Friday.

james16 Chart Thread

Hi MPP, USD/CHF has come to the S&R area. It's having hard time get over it. All the commodity has come to the major support area now, even the GBP/USD. There will be a bounce and that's the rational

Jacko's Forex House of Pleasure and Pain

In @ 1.5675. Catch the retracement or resumption of the uptrend.

Jacko's Forex House of Pleasure and Pain

Dancing around the PPZ — USD/CHF daily looks really interesting. Price just dances around the PPZ. The latest "dollar strength" seems just a retracement to the PPZ. We may see the price get rejected here for the first touch.

james16 Chart Thread

E/J Monthly PIN — We have a monthly PIN on EMA(365) for EUR/JPY cross.

james16 Chart Thread

Hi Rac, It looks like you wish is granted A daily PIN is forming.

Jacko's Forex House of Pleasure and Pain

Nice post! Could I add that if you must look for directional reference, look into higher time frame. However, that should only serve as a reference. Many proficient traders in this thread, especially mpq11, have recommended to focus on one time ...

james16 Chart Thread

Dollar is getting stronger against CAD? Hmmm!

james16 Chart Thread

Please forgive me for beating the dead horse again :-) Here is my reading on the GBP. The PA stuff that James showed us is really amazing. Ken

james16 Chart Thread

Hi Sean, Take it easy my friend. There is no point to pick on Ace for his trading results. He may have his other tools to help him getting into and leave a position. For instance, if I was using Andrew's pitch fork, I would choose to leave partial ...

Jacko's Forex House of Pleasure and Pain

Please, my friend. What's the reason for getting in at the moment? It's at the historical resistance area and one should wait for a significant pullback before getting long again, if you are stopped out. Jacko is trading on 4HR chart. 58 pips ...

Jacko's Forex House of Pleasure and Pain

Hi Ace! That's a good pick :-0 However, I want to share the chart with you to see if you agree with me here. I think we are still a little bit early to get into the market here. We are sandwiched between two trend lines. One decent support may come ...

Jacko's Forex House of Pleasure and Pain

Here is another PA setup.

james16 Chart Thread

Is this a good one?

james16 Chart Thread

EUR/USD has broken one of the uptrend line and tested it. Most likely it will head down to the second trend line there.

james16 Chart Thread