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- mikeb replied Nov 20, 2010
Setups for next week — Hi, I just wanted to share with you some setups for next week and my thoughts about them. 1. AUD/USD image - pinbar on the weekly, I think the price wants to retest the BRN @ 1.0000 (maybe 1.0100?) and I will be ...
james16 Chart Thread
- mikeb replied Nov 14, 2010
It's a shame that it was friday. But nevertheless it's a good exercise to find and mark all the important supp/res and confluance lvls. Thx for reply
james16 Chart Thread
- mikeb replied Nov 14, 2010
Ok, thanks, I think I got it. Han Solo's and Cprao's charts show the FTA correctly.
james16 Chart Thread
- mikeb replied Nov 14, 2010
image I'm thinking: a bit up, than retest of the pervious bars lows and than to the FTA. I don't think it will go much further north becouse of another strong resistance just above the FTA.
james16 Chart Thread
- mikeb replied Nov 14, 2010
image My guess is that it should hit the FTA, than maybe some retrace and than down to the 2nd TA. But than again if the trend is strong, the FTA could stop the whole bearish move.
james16 Chart Thread
- mikeb replied Nov 14, 2010
USD/CHF — Hi all, I've been reading this thread for a while now, and finally I've decided, that maybe I could learn more if I post some chart now and then. First of all I want to thank all the people creating this thread - you're doing a great ...
james16 Chart Thread
- mikeb replied Mar 14, 2010
Hi Benji, thanks for your reply! I do look and watch closely the setups you are reffering to + watch the charts everybody post and try to learn as much as I can from them. Now I just need more confidence (that's why I have an account where I can ...
james16 Chart Thread
- mikeb replied Mar 14, 2010
To Trigger88990: Well, yeah there is no pin bar. And probably this is not a valid setup accordingly to the James16 group. Sorry for that. But since I've posted the chart I will try to write why I think it will go lower. We have a formation of two ...
james16 Chart Thread
- mikeb replied Mar 14, 2010
USD/JPN — Anybody looking at USD/JPN? image I see a false breakeout off the 90,85 and a rejection of the nice round 91,00 level. Possible entry just below the low of the friday's candle, stop loss around 91,05 with a posiible TP at 88,50 ...
james16 Chart Thread
- mikeb replied Feb 28, 2010
usd/jpn — Hi everybody, On the 4H chart we have a nice pinbar that created a new low, and is not confirmed by the MACD. We can see it more clearly on the 1H chart where there is a clear divergance between the new low and the MACD. I'm thinking ...
james16 Chart Thread
- mikeb replied Feb 21, 2010
Sorry nasir.khan I don't quite understand the "I think it won't fall below bar high's just below it." part. Do you mean it will retest the older resistance, and now support area on the top of the consolidation area? (around 60,80). If so, yeah your ...
james16 Chart Thread
- mikeb replied Feb 21, 2010
dollar index — Have you guys seen the bearish pinbar on the dollar index chart? image I will be looking to go short on the USD this week
james16 Chart Thread
- mikeb replied Feb 20, 2010
GBP/USD — About the GBP/USD Pinbar. If you look in the higher time frame, weekly, there is an old support/resistance line where we stoped at + it exactly hit the 50% Fib. Isn't this support a bit stronger to be broken so easily? image
james16 Chart Thread
- mikeb replied Feb 9, 2010
The EUR/USD 4H chart: image Is it too obvious? Would you consider this a low-risk high-reward trade? The arguments to take the trade at around 1,3850 level: 1. 1,3852 is a previous low and should act as resistance 2. The upper band of the channel ...
No Brainer Trades
- mikeb replied Feb 7, 2010
I agree, the market does move because of order flow and daily conditions, but order flow is more often situated in those highs/lows/fibs/pivots etc. and this order flow is the thing that create them! So I wouldn't say, that placing order in those ...
No Brainer Trades
- mikeb replied Feb 7, 2010
Yeah, i agree. And a really nice support level would be 1027-1021 and then up again. So maybe it will look like this: image
No Brainer Trades
- mikeb replied Feb 7, 2010
What do you think about the gold chart? image Pullback to the 38,2% Fib + the base of the triangle and then further down? Maybe to the 50% fib max? What do you think?
No Brainer Trades
- mikeb replied Jan 31, 2010
Hi there, this is my first post here, I really like this thread, many valuable information, and for that I want to thank you all. Now back to the point. I'm allso looking on the NZD/USD but for a short term buy opportunity. image I'm posting a 4H ...
No Brainer Trades