Hello Jduester, no that is not a criterion (although it is a stronger PB). opening and closing should be within previous bar range, the nose should be large enough, i.e stand out, the location should be right, if there is more confluence even better. ...

james16 Chart Thread

Hello Jlr, listen buddy, if Jim sees this you could probably be expelled from forexfactory

james16 Chart Thread

day is finished here and usdcad daily is a bit short of a nice pinbar. is anybody having a pinbar? i am willing to pretend im in a different timezone

james16 Chart Thread

haha, likewise

james16 Chart Thread

it is but it is not in good location

james16 Chart Thread

Hi tehuringa, i agree with the verdict, but isnt the last 4H bar a pin?

james16 Chart Thread

i dont think it qualifies as a pin emda, the opposite pin that happened an hour ago is stronger, but both have small noses ( im talking about the H1)

james16 Chart Thread

hi gagiul, i understand your frustration to some extend, but believe me, this thread is as good as it gets in the forex world. maybe some pinbars failed, but this happens sometimes, otherwise we would all be millionaires before thirty... i have been ...

james16 Chart Thread

hi betard, there are 2 opposing pins in NZDUSD weekly but only one is in the perfect place, that is the long one, the same setup happened a few days back with another pair and the pin that was in the perfect place won the battle

james16 Chart Thread

simon, but the trade still did not fail (you are talking about the AUDUSD right?). the PB will only fail if it reaches 0.8570, now it is a hudred pips away from that look, the way i do it is that i wait for a retrace to avoid large drawdonws, if it ...

james16 Chart Thread

hey simonk, i also took tha pb, it is in an ideal location, but it doesnt always work, euro is dragging everything else down

james16 Chart Thread

hi jaroo, did u buy on support? or u are waiting for confirmation on 1H/4H?

james16 Chart Thread

Hey i chickened out as well with 50p, i also chickened out on kiwi with 50p and look at it now

james16 Chart Thread

yes it is the perfect combo, and with J16 one can learn how to do it... i have also closed the NZD short for 60 pips at 0.7550 but it is still going south together with aussie, im such a chicken sometimes but better safe than sorry (greedy) pipsja i ...

james16 Chart Thread

hi pipsja, as soon as i saw that pin on weekly i shorted it at 0.9750 and bought it back at 0.9705. i didnt even wait for the pin to break which is the safest option. the reason for closing it is because aussie can get really boring at times, also ...

james16 Chart Thread

make the grid the same colour as the background, then it should dissapear

james16 Chart Thread

[quote=saint_berzer;2104967]Just wanted to give ya'll a heads up on the EUR/JPY A nice looking PB about to close at 12pm Eastern, about 20mins. It's on the 4hrs, and ranging up. Has a little room until it reaches that top resistance. Thoughts? i am ...

james16 Chart Thread

i cant understand why you are all so bearish on cable, i am also short but it seems that we all got it wrong this time

Cable Update (GBPUSD)

BOE King to his letter to the government said in a nutshell that he doesnt know what to do with the slow growth and rising inflation

Sterling sell-off beginning 9.30 BST

again at 1.9750 which was previous support now resistance, lets see if it clears. i was long since yesterday at this price, everything was going well, then IFO comes out which affected cable against me, then UK retail sales (again bad) then US ...

Cable Update (GBPUSD)