It broke the last couple of days' range to the upside. Bad sign for the sellers (like me). Now it's up to damage reduction.

james16 Chart Thread

Nothing would be the same without him ! Happy Birthday James, best wishes to you and your family!

james16 Chart Thread

You are getting better and better Bulls Like it!

james16 Chart Thread

Hey Karl, Yep this is definitely better. I could say the lower you get, the better. The reasons behind are two: 1 - if the zone is a zone (and not tight as a line), this will give clear look to everyone that has broken and polarity is about to ...

james16 Chart Thread

Generally yes, it makes sense. This is what you should be looking for. But from my personal view it lacks in the details. For example that BEOB closed way too weak and close to the bottom of the former range. If it was strong break, a lot lower than ...

james16 Chart Thread

I prefer the top line of your weekly chart. Very clear. It will take some time to see what will happen there, though Also the bottom line of the daily chart. Same reason

james16 Chart Thread

I wish more of these posts to happen This thread is too good to be that dead!

Fail Better

I was thinking it's broken, at first

james16 Chart Thread

Clear shot to the middle of this consolidation?

james16 Chart Thread

The big question for me is how it will react on the 1.7850 (the previous support, now resistance). I am watching on the smaller timeframes for clues. If it reverses polarity back to support, i will cut it out too.

james16 Chart Thread

Crazy markets these days as i said ... I will wait to see what tomorrow brings, but if it continues rallying up, it's a definitely a worrying sign.

james16 Chart Thread

Ok i made a decision here. Stop loss is far behind cause the spread widens to 100pips sometimes (which is half a DAILY bar) and it would be a big bummer to let it kick my butt for nothing. I should monitor this closely if starts to run back though. ...

james16 Chart Thread

Some crazy crazy markets these days .... whew. Amazing moves you caught there geniusxtc !

james16 Chart Thread

This way it looks a lot better already

james16 Chart Thread

Anyone else short GOLD 1698 ? Seems like an opportunity edit: i hope not, because it's not going good at all There was a heavy spike on Silver and crude oil as well, don't know if has something to do with the US president elections today. I ...

Fail Better

This actually goes to everyone. I personally tend to just skip unclear charts, as i browse the forums very quickly. Each guy has it's own interpretation of things, so I find it a lot easier when you put some explanation of what you are trying to do ...

james16 Chart Thread

I like this sell limit bullz Makes a lot of sense to me. Btw it's a good idea to put some notes and explanations on the charts - what you see, why you think it's a good entry/exit and so. Just buys and sells, maybe some lines and zones won't make ...

james16 Chart Thread

Yes it did! Nice chart

james16 Chart Thread

Yes Seabreeze, 1.7700 is definitely important. You should know though there always will be important zones to watch out in the path of your trades. The important here is to learn how to use them as your friend and not your foe. This could be ...

james16 Chart Thread

Hey uil, absolutely possible this one. You should not forget those touches to the trend line as potential trouble areas of course!

james16 Chart Thread