But see the one before is also against BRN, but worked out perfectly. I'm afraid that in real life I would take a PB like that for sure, for a full loss.. because really we can see that there is still some room to go to BRN and think we could move ...

james16 Chart Thread

Ok, yes that's what I thought then too

james16 Chart Thread

Ok let me post the chart, maybe it was easy as I see all had no problems with it. However, again the bar itself looked really good to me. So the truth is really location is the king... location! image

james16 Chart Thread

Hey Cprao. May I ask why this: 1) The PB closed above the blue box. - It is actually good for PB, no?? The box provide support. Why do you think otherwise? Just asking, because usually I view it as support so if it closed above the box I consider it ...

james16 Chart Thread

Well, if I may, I will short it or go long depending on which way a Pinbar is pointing...

james16 Chart Thread

No, the green candle is actually and inside bar here. DBLHC must have its close above previous candle's high.

james16 Chart Thread

WIPG — Well maybe there would be some other volunteers. I will post the answer tomorrow.

james16 Chart Thread

What about 110 BRN can we just ignore it?

james16 Chart Thread

Great post Ghous. Thanks for reply. True I did not even notice those pins you highlighted. And yes as you say F12 bar by bar analysis would not produce same backtest results for me, as I already tried that more than several times. Well, yes I just ...

james16 Chart Thread

Well it did not look that good to me honestly, so I'm only half right... I need to learn to separate strong setups from weak ones, which I am still not very good at.

james16 Chart Thread

One more thing I've noticed several times already. For example this is Microsoft weekly, and I see that bars usually do not have to be as strong as with FX. Of course the stronger the better, but many times just an average Pinbar can really do the ...

james16 Chart Thread

You really got nothing else in your browser but J16. And I got my facebook, finviz news, netdania charts, yahoo autos, some girls.... lol, I need to study this like you, with full focus to my charts only

james16 Chart Thread

Ok, must be going here... it is a strong support level as I see it. Not FTA, I would take my profits there as I think price is more likely to consolidate then above this level and below my entry...

james16 Chart Thread

Ilm already afraid to participate in this...I'm never right

james16 Chart Thread

Yes. Agree. BRN was huge mistake I did not notice...

james16 Chart Thread

oh, ok thanks.

james16 Chart Thread

Ah yes that is what I do with Paint. I got XP. If we only had a freehand arrow in MT4 things would've been much easier...

james16 Chart Thread

I did double check, I only have those vertical ones. Up and Down arrow. But how do you make a horizontal arrow? I tried to click ctrl, shift, no it would not rotate... EDIT: ah so your's is done with external program too

james16 Chart Thread

Btw, HanSolo, how do you make those arrows in MT4?

james16 Chart Thread