Hey Ghous, I can see you down there. Post something lol Most actions are happening when I'm asleep. BTW, do you still long Eur/Gbp?

james16 Chart Thread

I think this could be one of good example of Raczek saying that the first test is always GOLD Be back after class. J16 is better than college!

james16 Chart Thread

Looks good I guess. Dunno what's happening on my 2nd half lol Just want to ask about the 4H PB, looks good though it's no longer valid right now. I don't take it since I was asleep. I'm wondering would you close your long when the 4H PB hit? Can't ...

james16 Chart Thread

Hi rusty, I've been wondering whether you might take the PB marked (on the hourly chart) if you are awake at that time and your reasoning for not taking/taking the PB. You mentioned about the SRs are gold especially on the first touch. Do you mean ...

james16 Chart Thread

I did noticed the PB on the hourly chart. But did not take it cause I thought the size of the PB was too small but who knows the PB gave 600ps for those who take it. So, you would take the PB even the size considered small (might be OK for you) ...

james16 Chart Thread

Nice Jarroo. Glad that what I see is what senior member see as well. Atleast I feel like I'm on right track LOL

james16 Chart Thread

Yes. I already had my order (but not yet executed). Don't worry I'm newbie myself to the J16 stuff. The way I see it is it had room to move like 100pips+ or something, so I'll be cautious on this trade by either taking half profit early or changed ...

james16 Chart Thread

Thanks Rac for the chart, I just realized all the PAs when you highlight all those stuff. Still need to work on it. I had my order on Eur/Gbp as the BUOB bounced not only from daily but weekly. That's what make me put my order. JMHO. Ps: Does anyone ...

james16 Chart Thread

Yup. I drastic move on U/J, E/J, and E/U. I haven't done trading my live acc. for 2 weeks now, not in the mood lol Just been doing demo with J16 stuff. Any ideas why the sudden whipsaw? Spread on my IBFX does not increase, weird lol since whenever ...

james16 Chart Thread

Thanks for the kind words Ghous. About the Eur/Gbp, it broke the 0.88 level but it's still early to determine whether it could make a good BUOB or not. Here's another setup on Gbp/Chf. If it could close below the PPZ, would make a good BEOB IMO. ...

james16 Chart Thread

Hi guys, What do you think about this one? Maybe some of us had already had their order in. Though it's still early to decide, but if it ends as BUOB and close above the PPZ, would make a good trade IMO. So, comment pls. Pro: Swing low, ...

james16 Chart Thread

U/Cad — Hi guys, Just need opinion about the USDCAD PB on H4. This is just learning process questions. I think this is not a good pinbar and not a tradable PB, though I like the formation of the PB. Location analysis: Pros: It bounces from ...

james16 Chart Thread

Thanks Jarroo. Helpful as usual Anyway, according to you, what would you rate the PB in term of formation (which I think is A+) and the location.

james16 Chart Thread

My answer would be no. For Elliotician, whenever there is divergence it means it is the end of wave 5 of certain degree. But when you look at larger TF like 4H or daily, you just see the whole picture or larger degree of wave. So the divergence ...

james16 Chart Thread

Hi ghous, One question about the GBPCAD chart that you posted. There's a PPZ (red line that I drew) just under the PB that you considered as A+ trade. Can you explain what you'll do if you found PB with nice location (like G/CAD) but with PPZ just ...

james16 Chart Thread

Thanks rac!

james16 Chart Thread

Hi Rac, If I may ask you, at which point do you start to change your stop to BE? Is it at minor PPZ marked by the orange line? I assume your entry would be somewhere on the line (touch entry). Thanks!

james16 Chart Thread

Thanks Mike. Appreciate that. BUOB - Swing low and vice versa, now I see the difference. Just another follow-up Q about the NZDUSD. Like in the chart, directly above the BUOB I marked is congestion area. So do you wait for price to break all those ...

james16 Chart Thread

LOT of Qs — Hi guys, I got few questions to ask. Basically this kind of situation confused me a lot. Before that, the chart that I show is 4H charts but I look at daily and then find PA on daily PPZ. Don't look below H4. Chart #1 (NZDUSD) What ...

james16 Chart Thread

I dunno but based on my experience (though not much LOL), everytime we get HUGE bar like that, we mostly will get retracement on the huge bar. And it means price will move inside the range of the huge bar or move in opposite direction (retracement). ...

james16 Chart Thread