Until daily or weekly price closes below that 1.35, I'm just going to consider it support. I'm thinking the same about 1.65 on cable (Lots of charts up already today, so sha'nt post again)

james16 Chart Thread

Yup, coping with drawdown is as vital a talent in trading as finding the right setup. Avoiding it altogether- cha ching

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Once I've replaced the couple of shirts I lost in m5 I may return there again. I still do take a peak for HH/HL and such there though

james16 Chart Thread

Profits made and lessons learned Great week

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Any caveats, peeps?

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I love the way you trade GH. But it would scare the bejaysus out of me

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No PA yet either way. For short would really like to see resistance at 1.60. For long would love big PB on H4. Might be great for the BO traders. I'll wait and see Edit: Sorry. We do have H4 BEEOB possibly closing below 1.6 and a broken TL. Would ...

james16 Chart Thread

Great area all round

james16 Chart Thread

Hi all the weekend is nearly here and I don't think any of us got too badly hurt Some though, may be feeling very anxious or confused- nearly, so nearly, at the point of that light bulb igniting. Well, if you are, congratulations. Now, don't ...

james16 Chart Thread

Hi Justin, I think your indicator may have told you you had a PB back there, but its close was above the previous bar. I personally would need a very good reason to trade a PB before it's broken. I know some will trade from a pullback to the left ...

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I'm looking forward to reposting your EURAUD chart when it touches and turns. Hope I haven't jinxed it now

james16 Chart Thread

Me too. Until that video, analysing that pair seemed like roller skating in a potato field

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There is absolutely nothing wrong with not trading until you find that setup that baffles you - the one you can't find a reason not to trade, so long as you jump on it in a timely fashion

james16 Chart Thread

I think H4 IBs are my next item to study. Now, if they fit in well with the story, they can be a great help. But how much less weight should you give them if they were, let's say, 20:00 to 00:00 gmt?

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And that might very well be why it's having trouble finding support right now on the lower TFs

james16 Chart Thread

Hi Zachariah, and welcome You certainly did find the best place to learn. I'm not sure about what each of your arrows signifies, but your chart is one I'm looking at at the moment.

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Note to self: It's Thursday of a pretty uneventful week. Be extra picky Morning all

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Market, if you're listening, I'd like a pullback to .85 by 8am. Thank you in advance

james16 Chart Thread

all round

james16 Chart Thread

Tom DeMark's trendline theory seems to hold water well, but I also agree with you. I mean, if a market mover wants to place his pending order on a trendline, how can he be sure of the momentum of price towards it and the exact price at which the ...

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