Since we are on this topic, I want to know what you think of this 1hr bar that occured on NZDJPY after price broke through the long term support trendline (drawn here in yellow). As soon as this 1 hr bar formed, I was sitting with my finger on the ...

james16 Chart Thread

I like this one better, we have the 1.63 as a obvious previous resistance, if price can break through that 1.63, we are into a more traffic-free area.

james16 Chart Thread

The problem I have with these setups is the horizontal resistance we see to the left of our trendline breakout. I've ran into this in the past, and it was painful to see price breakout of the trendline, then hit the horizontal resistance to the left ...

james16 Chart Thread

full profit take @ 820ish

james16 Chart Thread

yes. I think it's A+

james16 Chart Thread

BEOB exiting consolidation on weekly.

james16 Chart Thread

The close of the bullish pin is within the left eye, so I think it's ok.

james16 Chart Thread

Only thing I see on weekly...

james16 Chart Thread

To the folks trading stocks, learn about options trading and how you can help limit your risk down and help yourself avoid the pain of the gaps that occur in the stock market.

james16 Chart Thread

this one is starting to go a bit.

james16 Chart Thread

Having a hard time running today.

james16 Chart Thread

certainly.

james16 Chart Thread

I know.... Even in hindsight I cannot see myself anticipating 3 more touches on the I4B high over the course of 4 days. Market has a mind of it's own. I'll watch from the harbor during a storm.

james16 Chart Thread

that euro daily was prior to one wild whipsaw. No way I was sitting through that. Overall market action seems volatile to me. Yes it is neat we saw so much new support after the i4b, but from a reasonable trading standpoint, I don't see it.....

james16 Chart Thread

Yes this pin on wheat is sick. I imagine if Jim is anywhere near his screens he is on this one.... As far as the I4b's go, I agree. I just get out if they don't want to run away into profit from my entry quickly. I did anticipate a re-test of 1.36 ...

james16 Chart Thread

Yes indeed, especially when looking at even bigger TF's, and the 150 EMA, 61.8 retracement stacked up with it. edit: safe to say this is about as A+ as it can get lol....

james16 Chart Thread

this one is truckin along.

james16 Chart Thread

this current GBPCHF action has had more chart images than any single trade in the thread history

james16 Chart Thread

I <3 forex set this sell limit shortly after that^^ post, about to delete it now. chart is GBPJPY 4hr

james16 Chart Thread