Major resistance coming up for Eur/Chf around 1.5325. Previous support zone and 50% retrace from the most recent weekly swing high. I'll be looking for Price Action setup to get short here.

james16 Chart Thread

I took the inside bar after the one you marked. Stop loss is the blue line (1.2629). I like the IB's that are in the top/bottom 1/3 of a bar or so because they are usually trend continuation patterns on smaller timeframes (triangle, flag, horizontal ...

james16 Chart Thread

I'm in same trade off of 4 hour inside bar break. edit: Stopped out.

james16 Chart Thread

Looking for break to downside and retest for entry on Aus/Usd for continuation of the trend. Looks like there's a lot of room to fall for this one. Edit: Broke up instead of down so no trade.

james16 Chart Thread

Thanks for the advice. Yeah I know low TF's are typically more difficult. I usually only trade them when it looks (to me) to be a very high probability trade. I also trade higher TF's. I'm trying to get a feel of the market on both long and short ...

james16 Chart Thread

Result of trade. I learned almost everything I know here on this thread and I'm starting to see some nice results now that things are sinking in. Hopefully I can keep my discipline and not overtrade. Thanks everybody who posts here!

james16 Chart Thread

1 more nice pb on G/J 15 minute chart. Pin at PPZ. Last one like this I'll post so I don't clutter the thread. These are what really nice PB's are to me on any time frame.

james16 Chart Thread

Here's one really nice setup I see. Daily Eur/Cad. Triangle formation (Inside Bars) in a downtrend, which is usually a continuation pattern. I would go short on the break of the IB4. 1st profit target around 1.4720. I would ignore a break to the ...

james16 Chart Thread

Another example of PA on short timeframe, this time at a big PPZ. I don't usually trade this pair on short timeframes but this was too pretty to pass on. This is a good example of A++ pinbar on any timeframe in my opinion.

james16 Chart Thread

Here's a 5 minute trade I just took. BUOB, not touching the middle BB or EMA but still looked pretty good to me.

james16 Chart Thread

Good to close the gap? Oh that would be nice .

The DIBS Method... No Free Lunch continues

I don't trade gold but looks like setup for a short to me. Right now there's a triangle pattern forming on the 4hr and daily, which is usually a trend continuation pattern. Also sitting on 38.2 fib line and prior support turned resistance.

james16 Chart Thread

Glad you got in on this too. I'm still in with 1/3 trying to ride it down.

james16 Chart Thread

I think E/J and many others today are "A" pinbars for sure. They're pins after minor retracements of the HUGE downtrend. I'm sure many people are looking for any excuse to get bearish again and we have a bunch of them today. E/J is off support ...

james16 Chart Thread

Hi all, I'm just learning this system so I'd like to make sure these trades are ok. DIBS break to the downside on E/U and U/J. Would most of you take both of these? Euro is in a pretty solid uptrend on 1 hour chart, so shorts seem a little risky ...

The DIBS Method... No Free Lunch continues

Thanks for the heads up guys. I saw that resistance at 1.16 but I'm expecting (maybe wrongly!) a little more than that for a pair that broke out of 2 week range, so I aimed for next potential resistance. I think that usually for a continuation ...

james16 Chart Thread

Some good setups are rolling in now on shorter timeframes. Just closed out E/U and U/J 1 hour pins. Good pb's with the trend, doesn't get much prettier than this.

james16 Chart Thread

Like you guys have been saying, there hasn't been much in the way of PA this week. One trade I just got in though was break of weekly "Two matching Highs" on USD/CHF. Looking at target of 118.

james16 Chart Thread

1/2 out, rest at BE. hope some others got in on the action!

james16 Chart Thread

1 hour pin on E/J. Not the prettiest pin but good location. This pair has been stuck in a range for a while now and we're at top of range.

james16 Chart Thread