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Donkey replied May 1, 2012Here are my charts on this pair from earlier in week - was looking to go short at 1.2400. My order has expired, but I will probably put it back in.
james16 Chart Thread
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Donkey replied May 1, 2012Definitely a pair and area that's on the watch list. I actually like 1.2900 a little better than the BRN on this chrt. This one's the definition of a ppz.
james16 Chart Thread
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Donkey replied May 1, 2012No pro, but here's how I see it....your daily levels are fairly confluenced in the middle of 2 consolidation boxes. What I see is a weekly level at current minor swing point, which did give a bounce in form of 4H Pin that it looks like you took. 4H ...
james16 Chart Thread
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Donkey replied Apr 27, 2012What do you bet jarroo is in that one - at the top of the BEOB

james16 Chart Thread
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Donkey replied Apr 27, 2012Nice charts - and great point. As I've seen in numerous posts from Mike - obvious ones ones for entry and exit, more minor ones for trade managements. One things for sure if you're in a trade and price makes it to pivot zone - you have to do ...
james16 Chart Thread
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Donkey replied Apr 27, 2012Very nice charts....looks like someone's likes his PIE and made some pips. Did you dump the short position at BRN 1.25 and go long?
james16 Chart Thread
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Donkey replied Apr 27, 2012PA is the confirmation that the level is acting as we expect it to. I don't consider it "losing" pips, but more preserving my capital. Sure we can Touch trade the level with a smaller stop....basically trying to pick a top or bottom. Actually these ...
james16 Chart Thread
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Donkey replied Apr 26, 2012Wanted to add a couple of charts on how I see this pair. When I looked at your chart I saw a sell area rather than a buy area. I believe the rectangle you've marked would be called a supply zone by phanti and ifmyante. I put my thoughts on a chart ...
james16 Chart Thread
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Donkey replied Apr 26, 2012AUDNZD approaching potential strong resistance: Proven PPZ Daily, weekly LCS Daily HCR RN 1.2800 50% ret level
james16 Chart Thread
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Donkey replied Apr 26, 2012Just a thought. PA and the chart are giving you a chance to get out if you don't like how the trade is going. The market won't necessarily punish you for being impatient...but she certainly will if you try to impose your will on the market.
james16 Chart Thread
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Donkey replied Apr 25, 2012Nice. Price went straight to your FTA and stalled and then bumrushed the target. A very conservative entry and stop placement of 30p below bar(entry and above for stop) would have given a 550 p stop loss. The target would have returned around 440p ...
james16 Chart Thread
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Donkey replied Apr 25, 2012I was looking through my charts tonight and nothing really jumped off the screen at me...at least not in the current markets. I did notice a past bar that jumped off the page at me, especially considering how many continuation set-ups that are being ...
james16 Chart Thread
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Donkey replied Apr 24, 2012Nice trade...contiuation bars are tricky and taking quick profits or reducing risk quickly is pretty crucial for those plays....well done. Here is how how I'm seeing EURNZD using jarroo's concepts. I have a pending order in at the top of a strong ...
james16 Chart Thread
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Donkey replied Apr 23, 2012Can't post charts right now, but will try to later. I think the resistance area you have marked is awfully close and looks to be potentially strong resistance. I would have liked to see price go lower creating more space before that FTA....or (less ...
james16 Chart Thread
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Donkey replied Apr 21, 2012Thanks Jarroo. I felt 50/50 on USDNOK once it initially stalled. I've been on both sides of that coin so I felt better cutting the loss. Definitely no surprise where it went though
. As for EURAUD....I believe the patient traders may be rewarded ...james16 Chart Thread
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Donkey replied Apr 21, 2012I'm sure most of it covers the overhead - there's server time, security, they host live webinars, there are video responses, eveything's archived, you don't have the once a month folks coming in claiming the J16 stuff is a scam. Well worth the price ...
james16 Chart Thread
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Donkey replied Apr 21, 2012You've also got one of jarroo's daily HCR at the minor swing point of 1.2758. There was a nice Friday bounce there (within 6 pips anyway). 4H shows this is a very nice PPZ to watch for PA. Currently looking for bearish PA here until there's a close ...
james16 Chart Thread