If it closes as such, these are the areas I will be watching price react to (also assuming it breaks the low of the pin): * 1.6900. This area should at least slow any drop in price, but always a small chance it could reverse it as well. * ...

james16 Chart Thread

Just make sure you realize if you plan on playing the the gbp/chf pin as well these pairs typically act in mirror images to a high degree. In other words, if the gbp/chf pin doesn't work out there is a good chance you get stung on the Eur/Gbp as ...

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KissFan - Usd/Cad — I am not playing it, but there is a small 2-hour pin at 1.0650 area......I don't play hourlies and the pin looks two small to me anyway. Anyone long this pair should at least be aware it is out there. Nathan

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Gbp/Chf — This is the only pair I have an interest in right now. If it closes like it is now on the daily(waaaaaaaaaaay too early to tell), I like the following: 1) Rejection of 1.70000 2) Divergence 3) 61.8 Fib 4) Pivot zone 5) Perfect pin ...

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Eur/Aud — This trade is has been quite the fakeout...........I was filled the day after the big buob on both of the following entries: Retracement entry: 1.5575 Breakout entry: 1.5657 Today started out as buob continuation (or so I thought) ...

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Getting out at the first target pivot zone, or just moving to break-even/locking in profit sooner? Nathan

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gbp/chf — Any clowns other than me still holding this short......

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eur/aud — May be good sign for us longs...........triple bar high break on hourly.

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Same to you..........oh and don't look at Eur/Aud, it just started moving like you wanted............ I am kidding about the chicken, hope you can take a joke! Nathan

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PM: Don't mean to jump in here (Sorry Mike), but I would say this: * If your plan was to close out the position if price didn't reach or maintain a level then I would be Ok with that. The wording you used to describe why you closed the trade sounded ...

james16 Chart Thread

Nos....you know when we start curve fitting and goofing around with our charts it is not good for anyone Put a magnet on your chart and let's see what happens (as long as you take it back off after it gets to 1.6800)

james16 Chart Thread

gbp/chf — Leon: Everyone has their own trade management and I see nothing wrong with locking in 45 pips while giving it a chance to run more. I am in this trade from 1.6860 but I am only moving my stop to break-even after today (assuming ...

james16 Chart Thread

Well keep getting carried away.......I appreciate your posts and insight. Many times we have the identical zones and trades highlighted so it always nice to have a second opinion. On the others that we see differently it presents a great opportunity ...

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Eur/Usd — I really feel like the black sheep of the family on this trade as I know everyone is a big fan of this one. I actually think price will climb, but I won't be taking this trade and here are my reasons: 1) First area/zone of resistance ...

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I like the gbp/chf PA the best out of all of them. I think this pair has the most potential for a bigger move vs. the others which I view as more reversals against the new trends. This is just my opinion, but if I played Eur/Usd or Usd/Chf I would ...

james16 Chart Thread

Gbp/Cad — Gbp/Cad - Still early in the day, but a very interesting looking daily IPB at a pivot zone on this pair.

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Eur/Aud — Eur/Aud - Will see how it closes, but this is what I have been waiting for at this level. A nice daily big buob forming at the 1.5500 weekly pivot level. Stay tuned...........

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USD/CHF — This pair may just be taking a break before thrusting up again but it still amazes me how well these levels work. My TP was hit and it worked out to be about 5-6 pips from the high of the day (so far). I played the break of weekly ...

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Usd/Jpy - interesting — Apparently this pair is waiting for a move.......over the last five hourly bars (although the last one has not closed) price has either opened or closed at exactly 91.20. Looks like everyone agrees for now on the ...

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Actually almost identical to you - 1.6294, when it is that close to a round number I enter below as you did. Well honestly, it is always easy to know after the fact, but I routinely will take a small loss and put my stop above 1.6300 vs. break-even ...

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