Nice BEOB with a strong close on EURNOK....no space to FTA, but I wouldn't be surprised to see it 7.7500

james16 Chart Thread

Hey Mike - looking good on that weekly pin, eh? I'm still in with profit locked in at 8450 .

james16 Chart Thread

I suggest a PB does that you spend a lot of time reading the thread. However, the basic setup for all of the bars in Pin's attachment is to play an entry on the break of the PA bar with the stop on the opposite side of the bar. That's the easy ...

james16 Chart Thread

You're right Hector, they happen over and over....you have to spend some time looking at what happened when they occurred in the past, and demo various SL and TP's. Here's a short trade I entered Monday on the NU....first chart is a weekly TL that ...

james16 Chart Thread

TL still in play on weekly. Definitely a very interesting area next week....0.7500, wkly HCR/PPZ, 150 ema coming into play.

james16 Chart Thread

Nice - I'm personally waiting on PBT&CA the LCS at 1.3209 (I think it's 1.3206) on your chart. Looks like the perfect spot for a flip from resistance to support.

james16 Chart Thread

How about the 61.8 on AZ?? This is what I call confluence: RN,well-defined PPZ, and the fib. All we need now is a little PA.

james16 Chart Thread

This one's on my watch list....I like the 365ema riding the BRN of 1.4000. Also has HNS look as well.

james16 Chart Thread

Awesome trade!!!! Nothing at all wrong with having a STOP loss hit for a 169 pip profit.

james16 Chart Thread

I think you're taking the right approach. There are many opportunities and different ways to use Jarroo's material/ideas. Looks like you're seeing them real time....which is huge plus. Keep it up!!

james16 Chart Thread

I like the USDCHF....I have pending order in on the retrace. I'm leary of the GU....price could definitely break lower and does appear to have momentum. Although price did close below the BRN, I see the ppz as really wide in this area...I'm staying ...

james16 Chart Thread

Not the man himself, but I think you are on the right track and have found a nice level on the pair....what I've seen most that are learning this method do is either a pure TT on a pullback to the the level once PBT&C A/B (B in this case) or as you ...

james16 Chart Thread

Or where you could have added cargo...within 4 pips. Gotta use the hindsight to identify the areas to watch for high probability setups!!

james16 Chart Thread

Following up with a 4HR chart. Take a look at the BEOB (not best shape) that occurred at the daily HCR that occurred on 10/19 (1.2420). Nice bounce there. Could have a TT at that level or wait for PA.

james16 Chart Thread

I'll give my 2 pips on Jarroo's concepts and how you can use them. You're right your line is a HCR (highest close of resistance) and we wait for Price to break through and close above using the level as an entry (touch or lower time frame P/a) or ...

james16 Chart Thread

Thanks Mike. What do you think of GU long term. Might be curve fitting some, but it looks to wedging down quite a bit. Higher Lows and Lower Highs.... First quarter next year could be setting up for some nice volatility on the US pairs.

james16 Chart Thread

Will be watching the rising TL on NU for the next several weeks....wouldn't mind seeing it break down at the BRN eventually

james16 Chart Thread

Still long the weekly pin, eh?

james16 Chart Thread

AUDNZD looking like it may approach a good level to watch.... RN 1.3200, PPZ, 61.8 fibo

james16 Chart Thread

Here's a scenario I wouldn't mind see playing out on USDCHF.... Will be watching for close above .9083 for long entry....preferred direction for this pair. Rejection at that area and bias would be short for the near term.

james16 Chart Thread