On touch trades, would the 1.37 level also be a multiple lows support for a long entry or if PBT & CB we take a short on the test? image

james16 Chart Thread

ic..no wonder some of the pairs are just consolidating.. expecially GBPUSD.

james16 Chart Thread

Is there a holiday in the US today? It says in FF calendar that it is a bank holiday, so will NYSE be trading?

james16 Chart Thread

I like the confluence of factors especially the bearish divergence off BRN and below EMAs. USDCHF lacking those factors but looking ok at the moment. Triggered my buy limit. Let's see how it turns out.

james16 Chart Thread

As an aside, notice the "double top" on GBPUSD on more traditional TA setups? image image

james16 Chart Thread

Some nice setups. BUOB on USDCHF off 0.900 BRN. image And also take a look at GBPUSD. it isn a real BEOB..but i like the way price fell below the 150 and 365 EMA through BRN of 1.6000 plus bearish divergence. image

james16 Chart Thread

AUDUSD, we have a bounce off 150 EMA with BUEOB off 1.0200 support. image image

james16 Chart Thread

Interesting PB forming off GBPUSD 1.6000 and the EMAs. Quite different from a reversal of a swing high or a swing low but a nice bounce off BRN and close to a 23.6 fib level from 06 oct low to today's high. image Also on EURAUD a BEOB of an inside ...

james16 Chart Thread

Hi to all traders out there, its a sunday night here and a query just came to my mind. since this place is pretty much anonymous i was wondering if the successful traders here can share a bit about how profitable they have been on an average month ...

james16 Chart Thread

hey just curious - say you are in a profit and it has hit FTA, you decide to take profit completely? why do you not leave half or 1/3 position to ride for a further TP level?

james16 Chart Thread

Taking jaroo's notation in the chart below, how would you guys play it? image 1) So the PBT & CA 4 hourly close above 1.7400 and it flips to support. 2) next, we wait for price to retest the 1.7400 and put a limit order to buy. 3) but where do we ...

james16 Chart Thread

GBPUSD we have a BEOB off 150 and 365 EMA off BRN of 1.6. Looking good for a short entry. image

james16 Chart Thread

so basically these are what you guys called "touch" trades? we notice strong support (or resistance) areas..when they break and close abv/below the area, we wait for price to retest the area and put a limit order towards the direction where price ...

james16 Chart Thread

hmm, if playing these kind of set ups you only take those monthly and weekly support/resistance levels and watch the flip, then wait for price to touch the that area and take a position? but what if price breaks back up above briefly? how do you ...

james16 Chart Thread

Hello, am i right to say that HCR and LCS are basically playing breakouts?

james16 Chart Thread

i closed out just at the 61.8 and before it retraced 100+ pips. image

james16 Chart Thread

ok, i get it..

james16 Chart Thread

shouldnt you short at the break of the BEOB and if that is the case won't it be at a loss now?

james16 Chart Thread

i face this problem too and i kinda have my own rule now. usually for PB and engulfing trades (BEOB/BUOB) the next daily bar (i only play daily for now) should follow through with the direction of the trade you're taking. something like this: ...

james16 Chart Thread

hmm..what pattern you playing on AJ? IB?

james16 Chart Thread