EURCAD DAILY IB — ...And the daily chart to go with it.

james16 Chart Thread

EURCAD — Was checking out the Daily inside bar on this pair and noticed this... Pin off of Trendline on 4hr. (EURCAD) I think I know which way this IB is most likely to break.

james16 Chart Thread

Hey, I'll be a lot happier if this 4 hr bar stays the same till close(Looney). Would be a lot more comfortable playing a break down. I much rather these IB patterns that "wind up", as James says.

james16 Chart Thread

It's NFP week. Things may stay rangey until the release. Often does.

james16 Chart Thread

I've mentioned it here many times before. I struggle with confidence on IBs too. Have avoided them the last couple of years. LOL They are my current project now though.. Have just started to look at them more closely this past couple of weeks. ...

james16 Chart Thread

Nice smiley shay! You're licking your nose?? Is that what you're trying to say? LOL I've entered a sell stop for the IB. A good a bit further south than I normally would. Edit: NO. Scratch that. I want a better sign. Cancelled pending order. It's ...

james16 Chart Thread

Looney Confluence — Man... has anyone noticed the confluence on looney!?? This'll be a high probability trade if we get good PA confirming it. Shay, don't need to go below 4hr chart here. So sit back and relax for 4 hours at a time.

james16 Chart Thread

Good! I'd have hated to have been out when it hit $1000 (gold, not oil. ...yet. LOL) . I got out at $971 a few days ago. lol It needs a breather at least. Expansions...

james16 Chart Thread

What do I think? ...I think I should tidy up my chart. Looked alright until I zoomed out to the daily. LOL Anyway, still waiting. You want to wait for confirming price action. As always. For example: Maybe we will get a pin bar or good bearish ...

james16 Chart Thread

Hey Scott, I've definitely noticed some delays on occasion since their main liquidity provider fell foul of the NFA. It was an obvious change in execution reliability anyway. (...Speed-wise) This doesn't effect my style of trading much. A pip or two ...

IBFX SUPER Slow Execution past week..

No worries mate.

james16 Chart Thread

Nah, daily. IBFX charts? It's not the strongest close anyway is it? The trend line reaction is more what I'm after here. Waiting to get in still. Not convinced yet.

james16 Chart Thread

A standard bullish bar, with good close in the highest part of the bar. Sometimes a setup can look a little shakey and the best approach is to wait for a confirming bar. A lot of the bullish PA we are seeing today is due to the Sunday bar (on IBFX ...

james16 Chart Thread

Merlin, I'm not sure if you handle it this way, but do you set up your charts before hand? i.e. Plot strong confluence levels, trendlines where you expect the reversal to begin? Or do you just wing it through experience? News spikes can be strong ...

Predicting The News

A lot bullish price bars on Euro pairs (except EURUSD), but many up against retracement and support=>resistance levels. EuroUSD against it. Looks like USD buying is countering. Maybe this proves the uncertainty of the pin bar on this pair. Really ...

james16 Chart Thread

Now... EurJpy daily BUOB off trend line I likey.

james16 Chart Thread

Not wrong! ....A lot of retracements maybe. Not many in ideal situations. Got some work to do now, checking all this out. Lol

james16 Chart Thread

Hi Shay, That pin is too buried in the action around it. Looks more like a part of consolidation. Heading sideways. Also check out the daily chart. We've just had a strong day heading down. The pin bar itself looks great. Just really badly ...

james16 Chart Thread

Wow JCM, You're very green. I hope you've stopped trading for now. Everyone has to start somewhere. You can open up a demo account with many brokers. Go to www.InterBankFX.com and download their demo to practice on. You get to play ...

How to manage Part-Time trading????

You did an awesome job Cheelu! You HAVE to take all good trades. You take them in the knowledge that you have the edge. Sometimes they they give you a loss. This was one of those times. You pay a "risk" premium for the chance of a better ...

james16 Chart Thread