I've done a BAD thing. And I know it's a bad thing I predicted in my journal last week that the bund would break out of that lower range at around 111.00 and test the previous support (around 220 points higher) before resuming its downwards ...

james16 Chart Thread

EUR/AUD - Daily — Pin bar (almost "perfect" if it closes marginally lower so it's within the previous bars body) This pin bar is very close to the 150ema It's nose has poked right through a descending TL and rejected it. It is at a 61 fib ...

james16 Chart Thread

I've got a spread of 40 for USD/SEK, Razl. That daily pin triggered this morning but has come back up a bit and the position is now a little in the negative. The weekly and monthly setups are bullish however which means I will probably try and get a ...

james16 Chart Thread

Seeking told me last week that I shouldn't be trying to stem a sharp two day fall in the carry trades with a 1hr bullish setup. I think it's all about looking at the timeframe you are on. Just because the daily and weekly trends are up does not mean ...

james16 Chart Thread

USD/SEK — Not sure how many of you trade or even have this pair but here goes... Pin bar at the 50 fib of recent swing high and its also at a major s/r level (you can only see this partially in the chart - look left to May) I will be taking ...

james16 Chart Thread

Why another one? What's wrong with the first?

james16 Chart Thread

Good work - I just tried going long on the GBP/JPY as there was a DBLHC at a double bottom...up it went, I was +44 and then it turned and took me out for +1 in a single five minute bar...christ, who needs sex, drugs and insane sports when you have ...

james16 Chart Thread

I'm long off a DBLHC at the double bottom off the hourly TF

Daily GBP/JPY analysis

I just received a copy of DeMark's "The New Science of Technical Analysis" - I will read it and let you know what I think.

james16 Chart Thread

Ok, since it made lows of 1.0338 and 1.0340 respectively and then rebounded hard, I'd say that gives you some very strong credibility. I have to admit I found the "crazy prediction" part a bit amusing at first but you got my attention now!! I'm ...

james16 Chart Thread

FTSE 100 — razl dazzles You're a legend! Although whether you trade against the trend is a difficult decision. Only a few posts ago I was saying how all my counter trend trades are losers and I still maintain that if you trade against the ...

james16 Chart Thread

Here was a great trade I took. Market trending down on the daily and then makes a double bottom with pin.

james16 Chart Thread

I went short the GBP/JPY last night at 247.16. This morning it was going my way and I was trailing my stop at the previous bar high on the hourly with a target of the 50ema on the daily which is around 245.00. Anyway it's hovering at the intraday ...

james16 Chart Thread

Mike, This is not really a system in the sense that it does not have hard and fast rules for entry/exit. Read this earlier post of mine: url Wiz

james16 Chart Thread

Right after the most recent page number there is a drop down arrow. Click on that and enter in the number of the page you want to go too. It took me a while to work that out but it makes life easier now! I took all those counter trend shorts last ...

james16 Chart Thread

I would like to share with you a trade I just took. I went short the Dax because of the DBHLC as the close was beneath intraday support at a new low. Covered for 32.5 ticks or £97.50 profit because that area "might" have been support on the 5m ...

james16 Chart Thread

Ok gene22, - we certainly welcome your opinion. Hope I didn't offend you. If we get a nice PA setup at these low levels then your research will certainly become VERY interesting

james16 Chart Thread

I don't mean to sound harsh - this is a place where everyone comes to learn and every single person that posts here is incredibly friendly and all questions, however stupid you think they might be, are welcomed but sometimes, people should try ...

james16 Chart Thread

No disrespect gene22 but not sure this is the best place for wild predictions...

james16 Chart Thread

Anyone here still in the original position? 1. First entry on break beneath pin 2. Second entry (position size doubled) on break beneath support This didn't hold so no more added. Stop now at red line.

james16 Chart Thread