Here is my take. I like the size of this one, so I think it's got a potential...

james16 Chart Thread

Ok, since it is quiet I'll be the first one. Here is my take, tried to be creative here, lol. No way I'm gonna short it, it is going up, but where, I tried to "forecast"...

james16 Chart Thread

It is perfectly goes with J16 study I think. I watch James videos, Mike's example's and I apply some stuff about pivots I learned before and it makes perfect sense! The problem I have is overtrading, taking the setup which I would then be sorry to ...

james16 Chart Thread

Exactly same % as for PPZ

james16 Chart Thread

Yes exactly. 5 bars. I noticed also that if there is a fractal which consist of only 3 bars (one to left one to right) many times it is a FTA because it would be a 5 bar fractal on lower TF. So If I see a 3 bar fractal on Weekly. I know it is a 5 ...

james16 Chart Thread

4th arrow down would be and example of a setup I would be looking for. It is still below major resistance, but at "pivotal" resistance - so would be valid for me if the bar was a little prettier.

james16 Chart Thread

Here, the ones that stand out. Sometimes it would not even come close, sometimes it is spot on. Like everything else I guess. But I think knowing this, should help me.

james16 Chart Thread

Hey Pinbar, yes, which pair, any?

james16 Chart Thread

Hey Jarroo, that is regarding that particular chart. Why in my view the price went down from there. Here is the chart I made with some examples. I saw it works a lot of time. So this is a valid level for me to look for a setup too. Like minor ...

james16 Chart Thread

November 26, 2010. AUD/NZD trade - SL moved to 1.2973

Forex Trading Journal

Again awesome explanation! Thank you very much Mike! These charts save me hundreds of hours really. Super informative. Looking at this chart I think I will save a template where ALL my charts would be of the same zoom and never changed, that way I ...

james16 Chart Thread

Hey Cprao, next time I would hold the answer for longer, I din't think there would be that interest in my post. Here is the resolved one in case you didn't see it yet url

james16 Chart Thread

Hello HanSolo. It was interesting for me because price behaved not as I was expecting, however Pinbar really pin pointed the correct answer. Here you go his reply is top chart url

james16 Chart Thread

So resistance became support. And the bar was sucka-bait... but I'm afraid I still could take a bar like that and think it was a perfect short setup!

james16 Chart Thread

Wow Pinbar, exactly like this!!! Unbelievable!!! image

james16 Chart Thread

I think I do understand if I spent a real much time on it. It does work! But takes a lot of work to do really. Not is that I'm lazy, I think there is a way to make it more simple. Of course I don't know yet as my experience is nothing to yours, but ...

james16 Chart Thread

Oh sorry I forgot, It is monthly chart!

james16 Chart Thread

Found this one during my backtest, I think It would be interesting for "Where price is going" contest... anyone? EDIT: It is Monthly TF

james16 Chart Thread

Oh but for example. If month was already over and I saw a weekly LONG setup...(at the moment I have a rule not to fade higher TF). So I would not take that long because it would be against this Monthly BEOB. In other words I should not really care ...

james16 Chart Thread

I see what you mean Pinbar, but maybe due to the size and strong close we have a good chance of that FTA being taken out? And also I don't really like the Location, it is kinda in a middle of my R and S. But the bar itself looks so pretty to me. So ...

james16 Chart Thread