GBP/USD Pin Trade Opportunity — I agree that this is a high probability trade. I am placing a long position at 1.4312. Here is my reasoning. 1. Pin Bar off 1.4200 area. 2. Pin Bar is of similar range as previous candles. 3. Body of pin bar is ...

james16 Chart Thread

Most of all, there was no access to experience via these forums like there is now. My learning curve in no way resembles what it would have been 20 yrs ago. IMHO, this is a great period to be learning how to trade. The information is there if you ...

Extracted Thread (per thread starter's request)

What is price action? — What is price action? Price action in its most basic form is the representation of order flow illustrated by most commonly by bars or candlesticks on a technical analysis chart for a tradable financial instrument. ...

KissFan's Trading Journal

Oh I have heard this one before. The answer is "Neither side. Roosters don't lay eggs!"

AMAZING Strategy!!!

They had an issue from their feed provider and you will probably have your trade back in a few minutes.

OANDA Discussion

I agree. This is not a Pin Bar. It might act as one when finally closed but we need to be sure that we are trading with the correct PA. PA as it is taught here indicates that this is not a Pin. This pair has gotten more volitile over the past six ...

james16 Chart Thread

Saw it. Thanks so much for your help.

james16 Chart Thread

Thanks for the feedback BYORKFX. I know that when you magnify my chart, the little wick of the previous bar disappears. I just barely qualifies as a PB. I am taking a small long here as I like the position and that it is with the trend.

james16 Chart Thread

USDCHF 1Hr Profit Opportunity — PB on 1Hr PPZ with the trend. Anyone going long here?

james16 Chart Thread

I was hoping that one of you sluggers would weigh in on the CHFJPYdiscussion. I got my wish. Thanks for your take on that trade Mike!

james16 Chart Thread

Thanks for the chart Infinity!

Cable Update (GBPUSD)

GBPUSD 4Hr Trade Opportunity — I'm looking for bulls now.

james16 Chart Thread

CHFJPY — I'll pony up and tell you that I took that trade based on what I saw on weekly/daily. PB broke then went south. Stopped out for loss. This is where equity management comes in. I'd welcome any commentary on why someone did NOT take ...

james16 Chart Thread

GBPUSD 4Hr Trade Opportunity — Here is my Buy Entry Limit. My 4 HR just closed as a PB. Are the bulls ready to run? I wish that the nose of that PB was longer but this is a fairly low risk trade with much upside potential. I am liable to place ...

Cable Update (GBPUSD)

Looks like we are taking a breather from last evenings long trade on USDCHF. I should probably wait for the break of the pin(down) but I'll lock in profit before 2nd target and wait for better confirmation for upward move to TP2. Shorting to the 365 ...

james16 Chart Thread

OK-OK I canceled this buy order whe I didn't see any PA to support it. Watching closely for reversal.

Cable Update (GBPUSD)

LOL!!! I need not change my name Infinity!! LOL!! BTW, good call on shorting cable at 4770. I should have taken a short back then but did not have the nerve.

Cable Update (GBPUSD)

That's so damn funny! I have to show this to my wife. She will say I was named right and proper!

Cable Update (GBPUSD)

I hear that they are having a hell of a time keeping the euro economic union together. There is often news concerning this nation or that considering a pull out from the EU. Truth or not, it is unsettling news. BTW, what is a rogering?? Funny term ...

Cable Update (GBPUSD)