Have I missed something here? Why would you enter short beneath a "three day pin" when you can enter short from just under the "one day" pin for more pips?

james16 Chart Thread

I'm already short this from 249.35 with another order to double up at 248.40...

james16 Chart Thread

I agree with you about Finspreads. Best decision I ever made was to leave them!

james16 Chart Thread

I thought you SB, Seeking? The SB broker I use has fixed spreads constantly and never alters them during news and only marginally out of hours... I don't see the benefit of using a normal fx broker. Actually can anyone explain that to me? With SB I ...

james16 Chart Thread

EUR/GBP - Monthly — This could get awfully interesting...

james16 Chart Thread

Bund - Daily — Did anyone else catch this? Inside bar (with the daily range the smallest since the double bottom was put in place), with the close outside of the strong descending trend line. Also, the lows of the IB held at the new ascending ...

james16 Chart Thread

Can you explain a little more about this, please, Josh?

james16 Chart Thread

EUR/USD still looking interesting. Red arrows are entry positions - white lines are my trailing stops on these three different entries. As you can see, I am prepared to give back a lot of profit on this...

james16 Chart Thread

GBP/USD Daily - pin bar — I don't want to say it...I don't want to say it...I don't want to say it.... Overvalued? Damn, I said it.

james16 Chart Thread

Thank you for the Oil charts Seeking - some great opportunities there and very useful information!

james16 Chart Thread

A weekly chart would be great! I can only go back 7 bars on my weekly Thanks mate!

james16 Chart Thread

Seeking - are you looking at the pin bar on Crude?

james16 Chart Thread

USD/CAD 1hr chart — Good opportunity to double up

james16 Chart Thread

Friday's action in the USD/CAD was beautiful. A small IB just above multi-year lows and recent support. I wrote a post here Friday saying this would be the best setup to hope for but then I deleted it because I thought it sounded a bit stupid to be ...

james16 Chart Thread

The competition begins today... Good luck everyone!

Competition

It's DEFINETLY a bullish scenario. Whether that means it's a high probability setup to go long, is a completely different question. Jim teaches us to find bar setups that point to either a great place to jump on board a trend or a possible reversal ...

james16 Chart Thread

Hi Chaospipper, Yes you just need a Game account with Oanda. Wiz

Competition

Is anyone still in this? It refuses to hit my stops! I just walked out of my job (again) on the basis of this trade.

james16 Chart Thread

Sir, "ret" is short for retracement. As in, the price ralliles to 1.3400 and then it retraces to 1.3350 at which point it may become a buying opportunity. Price action at these retracement levels can help define a high probability setup. In this ...

james16 Chart Thread

I've moved my stop on USD/CAD to 1.0504. No need to exit just yet - not in an incredibly steep downwards trend like this and certainly not when it is hovering just above multi-year lows.

james16 Chart Thread