Price has gone to FTA at the RN of 1.3500 on this entry so I am reducing some of my risk.

james16 Chart Thread

Thoughts on AU....it would be a continuation BUOB, but they are tricky to play. Pros: are large bar, and straddling PPZ at BRN parity. Cons: weak close IMO. It rejected strongly at the PPZ at RN 1.0200. I wouldn't be surprised to see some more ...

james16 Chart Thread

Nice break of the Neckline of the HNS pattern...Don't know that it will make it all the way to the bottom of the magenta area, but it definitely made FTA...no significant PA to get in for me though.

james16 Chart Thread

This one barely broke, but it did break...so this is a a WIPG miss for me.

james16 Chart Thread

My order on the weekly bar triggered overnight for EURAUD (post here url ) .... and has had a pretty nice break. I'll be tightening stop today (post chart later). Depending on how much I tighten stop and today's close, I may considering adding to ...

james16 Chart Thread

Nicely confluenced area....32/62 fib, ppz at BRN 5.700, First Time Back to 150ema Nice bar shape with strong close... However bar is small and could have tested previous low better. If it breaks it goes to minor ppz marked on chart 2.

james16 Chart Thread

Potential 4H head and shoulders forming on GBPAUD....although the BUOB is going against.

james16 Chart Thread

I'm still in the weekly Pinbar, Pinbar. To borrow a term from Bemac, I added cargo via the daily continuation bar that formed a couple of weeks ago. My second position was stopped out for small profit.

james16 Chart Thread

Moved stop to 9110 after Friday close, taken out over night. Trade was about .3R win, but I left some on the table....still having to put in work on exits.

james16 Chart Thread

Nice prediction on weekly UC Mike....you still in? I'm locking in a little more profit but still leaving some breathing room. Will be watching 9350 closely.

james16 Chart Thread

Considering shorting EURAUD weekly.

james16 Chart Thread

After a couple of days the 365ema and 92xx area is holding. I considered closing trade, but I've decided to lock in a small profit (moving stop to 9065) and see what the next 24hrs brings.

james16 Chart Thread

My thoughts on AUDUSD...I just don't see a ton of confluence other than the BRN on this one. The long wicks immediately to the left would be my FTA. Zooming out this one looks rather small compared to the sharp drop. It feels more like a pause to me ...

james16 Chart Thread

Hi Pin. Here's one scenario I'm watching on Cable for Jarroo's methodology.

james16 Chart Thread

8910 held through a few days by about 7pips. Stop now to 8975, reducing about 90% risk. Strong daily close above FTA. Going to see if price can push through 9200 and the 365ema over next day or so.

james16 Chart Thread

I think today's close above the 1.400 BRN is important. There is a well-defined ppz to me that can be created from LCS/HCR areas that brackets the BRN. I would definitely be comfortable with an entry around 1.401x with s/l around 1.396x. Price 'may' ...

james16 Chart Thread

r u trading initial breakout or the pullback? or both ??

Sonic R. System

So this 365 and hcr/lcs/ppz confluence zone acted like a trampoline. Price didn't quite make it down to 1.2840, but it did make it 1.2845. I didn't trade this and looks like I would have missed the train by 5 pips. However from 1.2845 to current bar ...

james16 Chart Thread

BUOB has broken with very little retrace and the break entry has already gone to my FTA at 9120. Stop moved to 8910 reducing about 60-70% of initial risk. My retrace entry order is removed.

james16 Chart Thread

Thanks PB...this means a lot. There are some great teachers here, we just have to approach it with an open mind and listen....and learn. I was very fortunate to find this thread early, before I developed any seriously bad habits (bad trading habits ...

james16 Chart Thread