Brilliant - this has really helped to clarify this point, and have filed the post. Final question (promise!)- when considering 'traffic' (and I guess ppzs) effect do you relate this to the same time frame? - or do you say take a trade based on PA in ...

james16 Chart Thread

Thanks Mike - would be very grateful if you could explain your 2 bar exit strategy mentioned earlier - must have missed that somewhere. Jeremy

james16 Chart Thread

Hi Mike - I know you were not impressed earlier with weekly pin on GBP/CAD but I wondered whether a break of a pin on or hard through a BRN would be valid (1.7000 in this case). This was coming off a clear trend line and continuation of major down ...

james16 Chart Thread

gbp/cad — Still trying to spot good set ups - how about GBP/CAD weekly pin? off 61.8 Fib? and trend line. Also BEOB on Friday daily. BUT going straight into 1.700- oops! Playable if breaks 1.700 hard and good PA? Thanks Jez

james16 Chart Thread

EU/GBP — As I newbie got a bit slapped down suggesting short on this pair a while back. Looked good to me at the time with weekly BEOB(?), break of trend line and confirming PA on Daily, continuation pin on 4 hour. Just dumb luck or on the ...

james16 Chart Thread

EU/GBP — Does this look of interest shorting wise? Jez

james16 Chart Thread

Hi noted you were looking at daily USD/CHF. Demoed this but didn't work out (closed for 5 pips). However, out of interest had demoed this and 6 other pairs yesterday morning (early GMT) from pin bars shown on dailies from last Friday. All looked ...

james16 Chart Thread

Really great advice and very helpful comments. I was thinking about broadening the field but a bit nervous of stepping out of my currency comfort zone. Thanks again JS

james16 Chart Thread

Hi - still pondering this TF thing. As a newbie makes sense to trade dailies/weeklies but not seeing a really good trade more than once or twice a month across several pairs. Apparently this is to be expected. However, for demoing purposes doesn't ...

james16 Chart Thread

Patience is a virtue! - thanks Bundy JS

james16 Chart Thread

Good point! - bad memories of coming out of a filling station and nearly straight into an oncoming car - thanks Matt JS

james16 Chart Thread

Hi Matt Many thanks for this - will continue to stick to higher frames. Agree from my own limited experience , higher TFs always seem to over ride lower TFs. However I wondered if you could use this to trade a little more frequently no lower than 4 ...

james16 Chart Thread

I guess the Dubai debacle has had some effect JS

james16 Chart Thread

Hi Matt Have been following J16 weekly/daily approach for some time on demo - it works great but I find suitable A+ trades fairly infrequent. Notice that quite a few peope on this forum seem to trade smaller time frames. Have found that going to 4 ...

james16 Chart Thread

Thanks Mike Got to learn to see the wood for the trees is the lesson here I think. Have a great Thanksgiving - us Brits have to wait until 25/12 for our slice of turkey (do you have turkey again at Christmas? we are pretty turkey'd out by 26/12!) JS

james16 Chart Thread

Missed that one - staring me in the face - zooming out see a break out from a wedge? (Newbie still learning) Thanks JS

james16 Chart Thread

Glad it's not just me then - GBP/CHF seems to be the only action around on the dailys. I've got a BEOB forming on the daily? AUD/USD possibly? but going into a lot traffic I guess + v small pin (from 3 days ago) at a swing high but counter trend. ...

james16 Chart Thread

Thanks Scott Pippin - will take a look at that - currently using Alpari/Metatrader demo platform. Picky is best me thinks. JS

james16 Chart Thread

Thanks Kissfan - v reassuring that I'm not missing anything! Only demoing at the moment anyway and might have a go at 4 hour charts. JS

james16 Chart Thread

What to trade — As a newbie, finding it difficult to see anything much to trade on major dailys over last week or two. Are people mostly trading on 4 hour and below? Probably just my lack of experience. Thanks JS

james16 Chart Thread