The last 2 swing highs on divergence make it even better i think It could be a significant drop this one. Thanks mighty Mike

james16 Chart Thread

Another great setup i want to call for you to watch guys Before the fact as I like to do it, so you will be able to create you management as it unfolds in real time. I am still struggling to figure out how i could enter here, because my broker is ...

james16 Chart Thread

This means you are working hard and that's an important thing I am sure a lot of us can tell the same story! Many times It's amazing how when you think you got so much of the game, you find something new and great and you think "oh man, how i ...

james16 Chart Thread

Great to hear everything comes back into place! This was a fast recovery

james16 Chart Thread

Good call grizly my friend In general, because it's an obvious place! Stack of orders are placed in these obvious places. So price is attracted to such levels, because of different reasons. You don't need to know the exact orders, and actually i ...

james16 Chart Thread

GBPHKD = GBPUSD Be careful, you miss point 1 here. This pin doesn't take out the previous swing high. Holy grail is in the details

james16 Chart Thread

The daily and the H4 as well. That pinbar technically is a SFP Combining both will increase your pinbar play probability greatly, you are damn right. Mike teaches this actually in his webinars and posts, just not using the term SFP

james16 Chart Thread

Your and the other guys' kind words and appreciation is what mean to me even more than V's Thanks guys, the feeling is great to see someone benefits from my contribution after those years of hard work (many more still to come!)

james16 Chart Thread

To add this answer again, cause quoting cut it the first time i wrote it: Divergence is not an indicator actually, you can use indicators to help you determine it, or even you can see it by eye (with a little practice and some chart time). The ...

james16 Chart Thread

Answers in bold. EDIT - damn forum cut the answers, because in quote... gotta go now. Will write it back later. Sorry.

james16 Chart Thread

Man honestly, how long have you been trading? "Member Since Jul 2012 26 Posts" I won't believe you are new to this at all!! I like you more with every single post you do!

Fail Better

Ok here we go: image 1 - a shy little pinbar. Not the biggest size, not the strongest close. Play it by itself ? My answer is never 2 - well well , location wise. It breached the last swing high. Getting interesting here. Orders above were ...

james16 Chart Thread

Man... i don't know how to put this the best way. But... i think you do something that it's commonly done by newer guys and this is wrong interpretation of "keep it simple". I'm quoting you but i think this goes to the most of the struggling ones. ...

james16 Chart Thread

Just the div is in my 5. 4 more to go Wow how could I missed that BRN, good spot man! GOOD! Anyone else wants to have a try? It's a great exercise, don't be shy The holy grail is in the details ! Don't be afraid to zoom in to the H4 and H1. ...

james16 Chart Thread

Great eye kerinsp! This looks as amazing setup. It's an SFP as well on the higher timeframes and a pin/BEOB.

Fail Better

Nailed !!!!

Fail Better

Hey Mike, how are things in NY? I hear it's a very bad situation. Hope it's not the end of the World coming (2012 you know the story). Be safe and let's hope for as little as possible tragic events and consequences. And a fast recovery !

james16 Chart Thread

I see someone have spotted this setup already. There is crazy confluence here. Can you guys see it ? I see at least 5 other MAJOR confluences here, except the daily pin

james16 Chart Thread

Each approach has it's pros: PA - you got one more confirmation in the series of confluence factors. Touch - you got a better price and larger position size. What's the best ? The best is to test both all the time and take notes what happened.

james16 Chart Thread

Not Tom, but i prefer clear break (violent or not that violent... stick to violent and you will be safe). The reason for me is that at immediate pullback (butt-kiss) some of the orders in your direction get absorbed, and then there left fewer orders ...

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