ah thanx,i thought it was a bit strong !!lol

james16 Chart Thread

that my post you talkin about??? i thought an OB is relevent to this thread!!??

james16 Chart Thread

speakin of which image

Divergences - (All Pairs)

speaking of eu/yen there is a smaller triangle within the bigger wedge,which COULD call the top of the current raleigh??a little bearish divergence (for now)lends a bit of weight an the mo 4h chart shows an OB and the 1h shows an IB coming at the ...

james16 Chart Thread

thinkin about it myself!!!! demo,d a short on the break of the inside bar,lets what happens today!!? IBs rule ok image

james16 Chart Thread

ok thanx again. well heres the situation now,i did demo a successful short (short term) but assuming i was still in the trade would you ride this till the res. you pointed out or how would you manage this trade if you were short?? trading the setups ...

james16 Chart Thread

did anyone catch this???seems to be trying to break the next level??

Drawing correct resistance and support-lines

good point..short answer..overbought. weekly is showing divergence from both stochs and rsi,both in overbought levels,and last weeks candle is a kind of eve star with a long body??not sure how to interpret this candle other than it looks bullish but ...

james16 Chart Thread

hey emda,can you post the indicator,cheers

Drawing correct resistance and support-lines

this looks promising,bouncing off support in a recently form uptrend

Drawing correct resistance and support-lines

hi ,could someyone comment on this dbhlc on the 4h oil chart?? thanx image

james16 Chart Thread

buenas dias emda,did you take the bearish divergence on the previous swing down (yesterday)?been waiting to short this pair all week and had to go out before it broke!!!! was almost crying when i got in!!hehe

Divergences - (All Pairs)

speakin of gb/us...

Drawing correct resistance and support-lines

thanx,to be honest its not a pattern i play either,BUT on this occasion it was the lower support break i found legit(for me)and would have played it, i dont know enough about the pattern,i also understand its really a long term pattern. image

Drawing correct resistance and support-lines

hey Umairs,what do you think of the broadening wedge pattern??

Drawing correct resistance and support-lines

correct chart,sos

Drawing correct resistance and support-lines

here is my take on the trade today,a break of a broadening pattern with bearish divergence on good res.been waiting to short this pair all week,so this came as no suprise.turned out to be a v good move!! the 4h chart is were i see the price ...

Drawing correct resistance and support-lines

hi there bksujal,this is were i would have put mine,zoom out to see on your chart.

Drawing correct resistance and support-lines

Umairs thanx a lot mate for time and experience,it seems we have both come to similar conclusions for these smaller tf patterns.will respond again when iv looked further into your entry methods.

Drawing correct resistance and support-lines