What do you buy as a proxy for VIX? An ETF/ETN like VXX? They lose value very quickly (and even in sideways markets) due to contango so unless you time it just right you will lose money over time.

VIX - Time to buy?

E/U ended up pin bar. I got in because because I was looking for a short entry after head and shoulders on daily. If this one drops it could drop hard.

james16 Chart Thread

Be careful taking a signal off of PA during the Asian session, it often gets reversed at London open so there's not much follow-through. I usually just ignore 1hr/4hr PA during Asian session.

james16 Chart Thread

That's true, I looked down to the 4 hour chart and the 1.4025 area could be a problem. Will have to watch that.

james16 Chart Thread

I'm with ya on cable pin. I got in on 15m pin off 1.4375 but will hold it in case the daily breaks. Not a big nose, but it's got 500-600 pips to run before any major support.

james16 Chart Thread

Here's another pin with E/U. Not the prettiest pin, but with trend and bouncing off 61.8 fib level. edit: pin failed oh well

james16 Chart Thread

I got in on Eur too that was nice after a boring thursday-friday. Most recent pin isn't looking too good though. edit: wow you guys post fast, beat me to the punch.

james16 Chart Thread

Heavy resistance coming soon for Eur/Chf at 1.5557. Previous resistance and Fib retracement confluence (61.2 and 50% levels). You can bet people other people are watching this level. I'll be looking for a bounce off this level on short timeframes.

james16 Chart Thread

Hi guys I'm a newbie to this thread, but this Eur/Chf short looks like a "no brainer" to me. Previous resistance, and fib confluence at 1.5575. Anyone else like the looks of this one? Sorry if it's been pointed out already I didn't read everything ...

No Brainer Trades

Now it looks like a trend is finally starting again for this pair. Hopefully I am on the right side of it. E/U weekly IB4 just broke to the upside. I see first strong resistance at 1.3370. I'm taking smaller postion since it's against the trend.

james16 Chart Thread

Price couldn't take out PPZ at 1.2654 so it didn't hit my sell order. Guess there's still more room to go up.

james16 Chart Thread

Nice looking pin at previous resistance on E/U 15 minute chart. Divergence also. Looks good for this choppy market (no real trends right now). Sorry if you don't like small tf charts.

james16 Chart Thread

Double top, time to let the fall begin again.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Yep 4hr pin looks nice. I had been waiting for that one.

james16 Chart Thread

I'm in G/Y as well. Bought after retest of the channel/break of first high on 5m chart, then again at pin bar that found support on the first high after breakout. I'm 2/3 out now, rest is targeting 149. This is how I like to play the breakouts.

james16 Chart Thread

Pin bar has broken on daily Eur/Gbp. It's with the trend, but not at S/R or Fib level so not an "A" pinbar. I'll look to enter around .8405 level. Not much else going on right now..

james16 Chart Thread