Gotta love having some fun with the EU today. Long this morning at 3210 and out at 3305. Short at 3296 and out at 3241. Now I'm sidelines to see if this daily pin forms up purty...lol If it does, riding it back up.

EURUSD

This is what I did this morning. After drawing my PPZ lines off the weekly according to the videos in the PF guest area I then put the weekly/daily (math) pivots up. I found that most, not all, of them matched or very nearly matched the ones I had ...

james16 Chart Thread

I was just about to edit my last post with that exact suggestion and say nevermind. Will do..

james16 Chart Thread

Ummm....OK........and the difference being?

james16 Chart Thread

Thanks Jarroo, you've confirmed my thinking as well. I was also thinking along the lines of the Daily/Weekly PPZ on my chart and not so much the pin. Actually wish I had stayed in it but being the "conservative" newbie I am, In at 132.217, out at ...

james16 Chart Thread

Thank you Sir! I'm in the EJ as well but from the 4H.

james16 Chart Thread

Hi Jarroo, I have a question...lol. I'm using FXpro MT4 as well and I was wondering how you get a 3 hour chart as opposed to the 4 hour default? I thought I knew the platform well (pretty darn good with software) but for the life of me I can't see ...

james16 Chart Thread

For now as I'm still learning here, I force myself to place my initial stop according J16 (10 pips below/above the pin) which entails a pretty significant risk. But the "circumstances" I referred to enable me to sit and watch it all the time. This ...

james16 Chart Thread

Thanks again Mark, I'm out of it now for a 35 pip gain on a 1 lot. Due to my particular circumstances (and I STRONGLY ADVISE AGAINST this approach), My "core" method is larger lots over smaller moves using J16 to identify likely direction. Until I ...

james16 Chart Thread

Thanks Mark, I see the first strong PPZ around the 3300 area. Do you see differently? In fact, my thinking is that would be about the total move. Shooting for roughly 90 pips. Thanks again.

james16 Chart Thread

Yea micho........that about covers it. The market does do a lot of that "up & down" stuff....LOL

Cable Update (GBPUSD)

Hi Marco, I'm new and learning so take this with a few grains of salt but for "me", If the first PPZ is a strong one, I'll take 50% off the table and move my stop to BE or BE +10 (depending on the pair). If the first PPZ is not so strong I'll take a ...

james16 Chart Thread

Good morning everyone, Been watching the EU 4H for a couple hours now. Decided to jump in off the last "little" pin. Looking for the 3300ish area. Any thoughts? And oh, also for my future edification, (and...lol) an after thought, would getting into ...

james16 Chart Thread

No theroy...lol. In the political/financial world, EVERYTHING is a conspiracy but, shhhh....don't tell anyone.

Cable Update (GBPUSD)

I've been thinking this for months now. America Buy, Asia Sell, Europe Buy, And keep the rotation going. Heck, you don't think that's exactly what this big boys do? They all know what each is doing. You don't think for a second they'd "risk" ...

Cable Update (GBPUSD)

Thanks Billy. Never thought of that...lol As far as the Osma, I have no idea (yet)

james16 Chart Thread

Indicator Question — Hey folks, I have a couple questions on indicators. I have the 150 & 365 EMA's with both set to Exp, Close, Shift 0, Correct? Beginning to grasp divergence and notice many of you using/talking about the MACD. Do you use ...

james16 Chart Thread

I wasn't aware of ignoring Sunday's bar. Thanks Mike! God I just love this thread. And yes, the FXpro closes 5:00 EST. The IBFX is GMT (8:00 EST) I believe. For a new guy trying to learn to spot them in Pennsylvania, I think FXpro is the ...

james16 Chart Thread

Well here's my IBFX Daily. I see what I think is called a (BEOB??) but not a pin? And I was watching these all day yesterday but wasn't sure how to act on what I saw. Looking for those pins. Am I wrong here and maybe need new glasses??...LOL

james16 Chart Thread

Well that seals it. I'm using my FXpro feed. The pins you point out on those three charts stick out like sore thumbs with them. With IBFX, nothing to see...

james16 Chart Thread