It's pretty unclear to me on those timeframes at the moment. 4h: Missed this one since it formed at 6 AM and had already done the retrace :/ Shame, 1.6500 was a safe bet (head and shoulders projection off 1h) Under my microscope:

james16 Chart Thread

Well well well... In just two months you've outdone - live, no less - hundreds of pages of Itme's writing singlehandedly, outperformed most of the world's hedge funds (and most likely most resident traders here) and shown people like Jacko who say ...

Harmonic Wave Journal

No prob Stevie Keep in mind, if you had entered right away stop was 14+spread, 20ish+spread on break entry. Even on a break entry the move out on the next day after the PB was 19 pips. That's almost 1:1 on the break, more for the instant-entry. ...

Steviet's Live Trades!

I know, I love price projections =) Together with the gist of an elliot wave isolation approach they can be real fun If this is indeed the end of a simple normal ABC correction then look out weeks to come... And if not, then eeeeeek

james16 Chart Thread

1. Gold. 2. an EMA 3. the end of a weak ABC correction 4. the pre-announced hike of Kiwi to 8%, dragging AUDUSD along with it 5. if it feels good, do it 6. Bad PB or rebreak of an IB to the upside 7. rebreak of 0.8230 to the upside 8. uhm. the ...

Aussie Pairs

Well the monthly is an inside bar, if either side breaks decisively that's where we'll go, but on monthly that's all rather big pip amounts Weekly I don't like either, looks like some twisted doji something. Well I am hoping the 1h PB that is now ...

Harmonic Wave Journal

You know, I WAS initially long 1.3401, but I had to leave to go shopping, so I closed it out again, not wanting to enter without confirmation. I come back home and I missed the setup by 28 minutes and 19 pips. So much for the worst timing, ever. ...

Harmonic Wave Journal

Hehehe, prolly. Both of the discussed PBs failed/got spiked to death in NFP. Q.E.D. Make NFP the one no-trading day every month and I'm pretty sure it's gonna help almost any bottom line

james16 Chart Thread

Nah, I'm just saying, the bars are small. If EJ moves 90-150 pips on a good day, I personally just find it tricky if the pins are < 30 pips. I mean, anything goes, it's just that most "good" pins I see on EJ are 40-70 pips for the 4h. This is not ...

james16 Chart Thread

I've highly confidential information that confirms with 100% certainty that GBPUSD will go down unless it goes up instead!

Cable Update (GBPUSD)

Keep in mind both are < 25 pips total each. More troubling on EJ than AUD, but considering what AUD did...well.... Also I heard there's this thing.....Non profitable trading day or something...coming up in an hour or two.

james16 Chart Thread

I believe with China stamp tax and the indices down most of what we're seeing may be glued to the fate of the carry trades. If 1.9730 goes for good in cable I'll be watching 1.9640-66, 1.9555 and 1.9433ish. Possibly buyers around 1.9580+. This seems ...

Harmonic Wave Journal

Oh for crying out loud. I had a short EURJPY position on an HOUR before the JPY industrial production hit and a stop at 163.75. This was at least 7 pips above any prior bar high of the last 3 hours. I go to bed, an hour later news hits, Oanda spikes ...

Oanda just lower their spreads!!

Oh yea baby! Please tell me the pin bar had something to do with the GBPCHF ;p And if not.....at least make pretend! ;D Take care and keep up the good work =)

Steviet's Live Trades!

Swing high, .786, s/r, even retraced nicely, fell. Bar itself was tiny however, just under 90 pips and shorting a carry trade is always like spitting against the wind. I guess this pair is also the reason cable is getting such a drag down and EURGBP ...

james16 Chart Thread

Actually those were closed. I basically ended up reopening GBPUSD in almost the same place I closed it ironically Thanks for your wishes, same to you =) Let's see if we can get some breakout action today, would be nice after 24 hours of ...

Harmonic Wave Journal

*rubs eyes* *blinks* Oi! Everyone started the new week without me! Not fair! All the good 4h setups came at 6 am, crikey! How is one supposed to be alive at that sort of time! Woke up to find not only am I late for the party, also my over night ...

Harmonic Wave Journal

I currently wish a new feature would be for old positions to have their stop size auto-widened for free(with Oanda paying the difference to the new size) at the same time as they readjust the spreads during newstime liberally.... :S

Oanda just lower their spreads!!

Hi Khan! I think you meant AUDUSD I'm not James, but if I may throw my chip in: it's a very nice PB(long nose:check, pretty much level open/close: check, small body: check) BUT it is right in the mdidle of other bars and near the lows of the last ...

james16 Chart Thread