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james16 Chart Thread

EUR/GBP weekly PB — Also there's a weekly PB on EUR/GBP, piercing through two fibo levels and the daily pivot. I took it based on a daily BUOB, it's currently +15 pips. Didn't move much today.

james16 Chart Thread

Monthly PB on EUR/AUD — A nice monthly PB forming on EUR/AUD. It's sitting perfectly on the lower trendline as well as weekly pivot. Looks like it's going to break the monthly pivot, too. Also on the daily and weekly there's a bullish OB ...

james16 Chart Thread

Agreed, but I think taking a nice little retraction trade wouldn't be too bad either.

james16 Chart Thread

I don't use indicators beside a few MAs, fibo, pivots and s/r correct me if I'm wrong, but I think this is what Jim uses as well. If you're confused just don't think about it. Don't use it. Keep your charts simple and clean.

james16 Chart Thread

Oh yes I see it now. It never got broken though. So no losses there.

james16 Chart Thread

Sorry but I have not used any of the indicators you mentioned. I have a 14" screen. : Having said that, I'll just take a break of the pb or a ret of the right eye.

james16 Chart Thread

If this becomes a weekly pin bar I will most likely take it, it's sitting above the lower trendline nicely, also the 1.0400 level.

james16 Chart Thread

Can you post the chart? I didn't see any pin bars 3 weekly bars back...could be broker time difference

james16 Chart Thread

I exited at the mouteki target line (the aqua dotted line), there's an upper trendline and 100 MA above that line so I was playing conservative and took the 30 pips.

james16 Chart Thread

USD/CAD Double bar matching lows — I love this Entered at 1.0452

james16 Chart Thread

use price action — Take a look at James16's price action thread, you'll know exactly when a trend ends and a new one starts, without all those funky indicators and MA crosses.

how to handle trend change?