Thanks Mike I'm only beginning to lose the mentality of 'Looking for a short' here or a long there. I'd rather keep a clear mind and just see what happens. Seriously, you guys should write books on what you know. I like the name of Ghous' potential ...

james16 Chart Thread

Hi Mike it does look good. One thing though, I have a PPZ at 1.3924. It has the same amount of hits as 1.40, but just doesn't have the BRN status. First of all, would you class it as a PPZ in the first place, and second, if you did, would you only ...

james16 Chart Thread

I don't use them yet. Hope it resolves itself soon for you

james16 Chart Thread

On an average daily move of 63 pips, it's asking a bit much all right. You have enough friends here to help you decide on another broker. I've stuck with the devil I know since the start- all the best rated brokers seem to have variable spreads, and ...

james16 Chart Thread

That helps quite a lot, thanks. It's great to get the ideas of a breakout trader as well as a consolidation Profit Area trader. I think that perhaps a consolidation trader may only take trades at these extremes too. I'll find out soon, I'm sure. ...

james16 Chart Thread

Thanks Mike that's a beautifully clean chart! So are you saying that because price is around a BRN in the centre of two VBRNs which have each recently been tested, that PA on the D1 and H4 may be unreliable until it's around these extremes? BTW, ...

james16 Chart Thread

My first forex history report — Before I go away and study all you've said, Jarroo, let me just do an exercise to see what's sunk in so far. Sorry Jim, but I'm going to put some questions to you in there. If my analysis sucks, I'm sure your ...

james16 Chart Thread

I hope the Karma faeries have been paying attention to the amount of time, energy and patience you've been giving us. If they have, they should be profitable traders by now Reading through your last night's great work I can see the answer to it ...

james16 Chart Thread

And later on price spent 8 weeks trying to close over 105.5 So The PPZs have been proven in the past perhaps and probably, because of this the PPZ's have recently been proven again, but Price Breaks Through & Closes Above/Below, and strong support ...

james16 Chart Thread

You're right, it's an excellent lesson for me, so it should be good for all. To answer your question Yes, there were other levels that turned price harder than that level, but they didn't seem as relevant at the time, as I 'd rather only focus on ...

james16 Chart Thread

Nice trade chap where's your SL now? Michael

james16 Chart Thread

I'm so glad I took the time. It's great confirmation of the power of the PPZ. And I'm touched that you're taking an interest. Now, to answer your question: I cleverly took that level by trusting your judgement implicitly- Originally. Your ...

james16 Chart Thread

Thanks Jim, you're a star!

james16 Chart Thread

I'm not recommending anything here, but some people head to the lower tf's, say m15, and draw fibs from last high to last low on a short, exiting on a breach of the 61.8 level. Vice versa for long This gets you out as soon as price starts ranging or ...

james16 Chart Thread

Hi D Nice level with 150 ema confluence But the bar just doesn't look too convincing yet

james16 Chart Thread

Hi C. I'm absolutely no senior, but as there are none around at the moment (I think) I'd like to ask you how you'd feel about price retesting .95 or last H4 low of .9520? Would you be happy to leave trade 2 open in loss hoping it's rejected at that ...

james16 Chart Thread

Can a retouch get any better than this?

james16 Chart Thread

Nice Touch Trade short. It's on a PPZ now with another not far away. Smaller tf's for exit signs. Sorry, haven't got the chart up.

james16 Chart Thread

Excellent way to keep the brain from interfering with a potentially great trade. Thanks for sharing

james16 Chart Thread

PPZ Homework continued — I got myself ready to look for trading opportunities in the zone the next time price reached it. I'm sorry, but there just aren't enough hours in the day to analyse them all! And such respect for the lines drawn long ...

james16 Chart Thread