This is one of my favorite charts at the moment. I think it's a great illustration of combining some of mike's (boxing at ppz's) and jarroo's (hcr/lcs) levels. I'm really liking the 82.40 monthly level as potential entry with stop below daily low ...

james16 Chart Thread

Here are some charts I posted in jarroo's section on the PF. A lot of different ways to look read the charts....but they often end up at the same place, highly confluenced areas (BRN!!)

james16 Chart Thread

That "could" have been a good trade if you used 1.000 to manage it. There was high probability that price would test 1.000 - could have taken profit, or gone to BE...a lot of ways to skin the cat with PA. Here is what I wouldn't mind seeing AUDUSD. ...

james16 Chart Thread

Parity is basically the BRN of 1.000....the point on the chart where the Currencies have equal value.

james16 Chart Thread

I'm watching this pair as well. Notice the pinbar you noticed, while small formed at parity....one of the best locations to watch for PA on any chart. There's also a rising trend lined. The DBHLC could be an indicator of a move back down for another ...

james16 Chart Thread

I agree with the bolded 100%. My tendency is to think every trade is destined to become a runner. I hate to say this, but a few weeks ago I actually watched a trade go from 120 or so pips in profit to a 1/2 risk loss. Definitely learned from that ...

james16 Chart Thread

I like your yellow zone there. My stop would have been behind the same level only with some more room most likely. I've found that 60-80 pip stops allow me to manage my jarroo (mostly entries off weekly HCR/LCS) on the 4H time frame and give me ...

james16 Chart Thread

I've got the same weekly level marked as my critical level on this pair....the bottom of the LCS gap was actually today's low.

james16 Chart Thread

Not jarroo but a coulple of thougthts. I agreed with your analysis, but the 30 pip stop "may" have been too tight (at least for me). Also, looking at the weekly chart for weekly targets (you entered off of a weekly level), my first targets are ...

james16 Chart Thread

I like that Weekly HCR level (magenta with gap on my chart) at 9545. Yesterdays PBT&CA that level and 9500 was enough for me to go long on the pull back to 9545. I had a 65 pip stop and manually closed for reduced risk loss when a 4H bar closed ...

james16 Chart Thread

Doesn't look that's going to happen if today's candle continues to close as a pin bar, but if it did.... I generally follow jarroo's guidelines for trading these levels. In this case I would trade the pullback to the level. I personally normally TT ...

james16 Chart Thread

Could very much finish as a pin...if it can finish bullish it will be A++ in my book. 1) Deep retracement 2) BRN 75.00 3) Space to FTA (77ish to me) Now it's just gotta close.

james16 Chart Thread

Momentums to the downside and seems strong. I'm watching that level and would prefer to see the weekly close below it and come back for a retest next week....lots of space to run if it breaks it. As always with these levels though, I'm currently ...

james16 Chart Thread

I thought mine did as well, but maybe not I guess. I've been getting a note from live update wanting to make changes to hard drive - I accepted and was assuming that would have pushed out the updates. Maybe not for FXPro demo. I did get a note from ...

james16 Chart Thread

MT4 doesn't support older builds as of June 1. I had this last night on FXPRO demof feed and found these instructions on how to update the terminal.exe file in your current platform. Instruction is about 1/3 down the page under heading "If you ...

james16 Chart Thread

This one could break down for sure, however, I would be watching it really closely. I see this one trading into a significant weekly level that could act as support and give a bounce resuming the up trend. A few thoughts on my charts (as I type ...

james16 Chart Thread

url Hi robben. Here is a pretty famous "This is Critical" post from James16. I think this is a good place to start looking at exits. It's important to recognize the first trouble area of a trade and plan to take some sort of action there. You can ...

james16 Chart Thread

Thanks for kind words earlier Mike and hope you enjoy your friend's wedding (Magic Hat in your future??) I've been waiting for price to arrive at the BRN on EURAUD for a few months now. url A TT near 1.3000 would certainly have been reasonable ...

james16 Chart Thread

Maybe, I'm looking at the charts wrong but I see multiple shorts that he seems to be adding to as price drops...at least on the charts I looked at closely (gold, gu).

james16 Chart Thread

Here's my CHFJPY chart. Important daily level is in confluence with previous weekly levels. I'm currently happy just watching the weekly levels on this pair for PA on daily and 4H. I basically use weekly HCR/LCS to identify PPZ and look for ...

james16 Chart Thread