It would have been great, if the pin bar is rejected from 1.5.. I would think final target is - 1.4

james16 Chart Thread

PB, you are 100% correct on Jarroo. Jarroo is not only a great teacher but also very very helpful person..

james16 Chart Thread

Thank you Mike.

james16 Chart Thread

Mike, I have not noticed this BUOB before ,. but when taking a look at it now-- It did engulf 4 bars.. and almost at swing low.. But the close is NOT really strong.. Mike, what made you to pull (almost) the trigger ? wanted to know the story behind ...

james16 Chart Thread

I took 2 positions on EURAUD. One on weekly chart for PB one on Daily chart for BUOB (On retracemment). On weekly chart: My enry was on top of the PIN.. but I didn't keep my SL under the pin but around 61.8% of the pin. Hence this turned out as a ...

james16 Chart Thread

Taz, My view is However, it is technically NOT BE since the pin is not within the previous bar.

james16 Chart Thread

Uptrend is strong.. Pin bar is not so convincing regardless it is at swing high because - size is not great wic left out at the bottom .. hence selling pressure is not indicated. I will still will reach its first FTA is the pin is broken. First ...

james16 Chart Thread

Daily EURGBP IPB? — No intentions to trade this pair.. but curious to know.. Is this a IPB ? At absolute swing low. How ever the low of the so called IPB is lower than the preceeding candle.

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Gold and Silver Weekly PB's — I like the silver weekly PB more than Gold. Silver: Good: Nose is long Swing High FTA (s) are clear. Not so good: Wic left out at the bottom Since there is no PPZ at the top, don't know it was truly rejected or ...

james16 Chart Thread

Yes. It is FXDD feed.

james16 Chart Thread

Jarroo, What do you think about this EURCAD BUOB bar at 1.3700 ? Pros: With the trend BUOB at 50% of the retracement Rejected at PPZ - 1.37 1.37 concided with Monthly BUOB retracement level. BUT the close of BUOB is NOT GOOD.. It may go .. but does ...

james16 Chart Thread

Sorry to hear about this.. I Wish you a speedy recovery..

james16 Chart Thread

I was watching this pair for the last few days.. for a Bullish PA at 1.37.. since 1.37 confluenced with 1)PPZ 2) Monthly BUOB retracement pt (Jarroo's secret weapon) 3) and obviously now becomes a Swing low for any bullish PA. I guess finally BUOB ...

james16 Chart Thread

Thank you xmzhang. This lower TF analysis is something I am missing to gauge the momentum. For me, I can't monitor and look for PA bars at lower TF's based on higher TF's.. since it conflicts with my work time as well as sleep time. But I can ...

james16 Chart Thread

Thank you Jarroo. The above two statements provides me some clues When do I look for retracements and when not ? Currently I am looking for retracements for all the good/great looking bars. Entering on retracemtn point has following benefits 1) ...

james16 Chart Thread

Good explanation Jarroo.. I am keenly watching this pair to understand how it behaves though I don't have any position with this pair.

james16 Chart Thread

Thank you for your reply.

james16 Chart Thread

HI xmzhang, Do you always look for PA bars at lower TF's supporting higer TF PA's or place a touch trade based on the retracement point of higher TF PA. ?

james16 Chart Thread

Thank you Mike. I agree a bullish PB would have changed the complexity of the trade.

james16 Chart Thread

I believe it did close above those lows but did not convincingly closed above the bottom of the consolidation zone/box. Mike, Did I see this right ?

james16 Chart Thread