Lol, the more confluence the better! I'm still very aware of the bearish sentiment on this pair, which is why my targets and trade management will both be very tight (assuming I get a chance to put them into play!).

james16 Chart Thread

Hi Jim, I like this setup quite a bit for the confluence of factors: PPZ, trendline support, confirming PA. This is definitely a setup that I'll be moving my stop to BE fairly quickly though. Some traffic to get through right around 1.2750 to start ...

james16 Chart Thread

Volume is irrelevant on FX charts, as it is a decentralised market, so there is no single exchange where all transactions are taking place. In the stock market however, it can prove useful as all traffic goes through a single exchange, such as NYSE. ...

Silent Service Method

Haha, question is: Who holds the power?? video

james16 Chart Thread

I'm with you on the jpy crosses ghous. There's just nothing there that I want to risk my $$'s on. Too much traffic to try and force its way through. Here's a thought for those of you who may be struggling to decide which trade to take if a potential ...

james16 Chart Thread

Thanks dkmb92 Good work on remaining patient. This is what we get rewarded for. Best Chris

james16 Chart Thread

Here's a screen grab from my monitor. The little clock in the top right hand corner is a small program called dsclock (its free). I set this to chime every hour so that it reminds me to check the charts. First thing in the morning and last thing at ...

james16 Chart Thread

Good work Johnny That's why these longer daily timeframe trades hold more sway over the direction. (Forgot to mention this pair as well before). Easy pippin!

james16 Chart Thread

A lesson in playing it safe! So who got burned by the CHF interest rate/apparent intervention today? If there's a lesson I've heard from the experienced traders 100 times, its ignore the news, Apart from Interest Rate days and Major releases like ...

james16 Chart Thread

Here's a couple of charts on US pairs with reactions off weekly support/resistance areas. I took USD/SEK on a break of the lows of the opposite pin bars. USD/SGD is a demo only of a DBHLC formation. Expected area of support is marked.

Silent Service Method

np I find FXPro has good depth of data.

Silent Service Method

I understand where you are coming from reddog. I guess this is kind of subjective to each trader. As we are using the weekly areas of support and resistance to determine where we should be looking for our trades, I think it's important to look at ...

Silent Service Method

If I might answer this. To get an overall picture of what a market is doing LONG TERM, get on a weekly or monthly chart and zoom right out. This will give you the bigger picture. Below is an image of USD/SGD zoomed out. You can see here we've been ...

Silent Service Method

USD/NOK — Lovely box action

Silent Service Method

ooo!! We like this game! What a great teaching tool Clockwork. If you were to say post the pairs and the directions of any trades you have taken at the end of a week, then we can all go to our charts and see why. Perhaps then we can pose ...

Silent Service Method

Wow, great work Josh! Not so much for providing this info for newbies, but for the great way in which you have obviously understood this and broken it down into a well referenced library. Just showing that there's no substitute for actually putting ...

james16 Chart Thread

Absolutely Took half off at the previous bars lows, stop is now sitting a few pips behind entry levels to see if it holds the retest. Appreciate your thoughts Mark. You have great insight on s/r levels. Thanks.

james16 Chart Thread

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james16 Chart Thread

Hi Saulynas, This is how I see the eur/chf at the moment. This pair is overall in a big downtrend. Zoom out to the daily or weekly and have a look. I've marked on my first chart the weekly and daily ppz's as I see them. Todays price action has ...

james16 Chart Thread

audjpy — Trade from last night. Weekly s/r line. Price retested on 4h and formed a 2 bar pin bar. Now all I need is the exit. If the current bar forms as a pin I'll be putting the stop above that. Hope you don't mind the charts Clockwork ...

Silent Service Method