If we close below 1.4500 by NY Close then perhaps I would look for a trend reversal to the short side.

EURUSD

I think one thing to take notice for today is where the Daily Candle closes at the NY Close. If we close up well above 1.4500 then I can be firm on bullish momentum for the rest of the week. We just broke out of a range, I would wait for price to ...

EURUSD

Here's a 5 Min. Flags. Price is becoming more stable as it is defining it's up-trend patterns clearly as these patterns finish. image Look for more Flags to confirm trend continuation. Look to buy in at the support and prepare for break outs to ...

EURUSD

Indeed. Especially since price is respecting the 5 & 10 EMA so well. Right now price is setting itself up to go short, and then it's faking and breaking out to new highs. While respect the 5 EMA. It's unpredictable. Your much likely to profit from ...

EURUSD

I'm not referring to market gaps, like in the stock market. Sorry for the confusion. I meant a break out to the upside. A gap up. Weak holder's that are trapped in the current range, getting pushed out by the players.

EURUSD

image Here's a Flag on the 15 Min. For those of you who follow breakout patterns. Look for consolidation near support before a stronger move upwards. Right now price is breaking out and is totally and completely unpredictable.

EURUSD

Haha. Yes sir. These are rules to live by. I see the news still playing itself out from last Friday personally. I take all of this movement right now very lightly because the market hasn't revealed anything to me yet. My chart looks like junk, in ...

EURUSD

If we do gap up I could see price moving all the way to 1.4580.

EURUSD

Yes sir. I would watch and observe and I'm personally not opening any trades until the market reveals itself to me. We need to make a false break of the 1.4500, and then close down, and have trend confirmation before going short. This could take 2-3 ...

EURUSD

It's much easier to sell than it is to buy. Buying is an entire different monster on it's own. I think if we fall back into range and start to collapse again, all of us seller's are going to come back in and push prices back down, just because it's ...

EURUSD

I'd like to see the euro dollar break out of it's one month range and close above, before going any higher. I think it's more likely to make a false break and then fall back in it's range as I believe it's still too early for a recovery. We haven't ...

EURUSD

Next Week’s Euro Dollar Outlook If you take a look at a 30 minute interval for this up-coming week and draw out my support and resistance with a horizontal line tool we can see the pattern and the potential moves for next week. First you need my ...

EURUSD

He did say on one trade but it was a series of scaled in short trades by the looks of it. And he states the stop loss is a margin call, so if you want to trade that system, you have to place risk funds in a separate account to run the trades without ...

1,006 Pips on a trade?

Note: Above is a Trade Idea Only. Take at your own risk and keep your risk acceptable to your account size. You can never be to sure who is reading this analysis.

NZDUSD Discussion

Daily: Possible Short Term Reversal W/ Bearish Rejection @ Highs. Sell @ 0.6825 w/ Stop Above The High @ 0.6920. TP @ 0.6595. Second TP @ 0.6415. Move To B/E @ Halfway Point. image

NZDUSD Discussion

You need to set goals, start a solid journal of your trading, the pairs you follow, the trades you take. Starting a journal alone will change the way you trade, you need to treat it like a business. And you need to set rules. No more than 1 trade ...

james16 Chart Thread

From a "By The Book" Pinbar, the above is correct. But by looking at Price Action as it is, naturally, that signal was a clear short term sell off, and look what happened last week. Note to John: You should probably trust your instincts more. ...

james16 Chart Thread

Long term you may get that, but, I doubt it, you may have to get in at the next stall, but, you may have missed the entire train on this one. You should have got in on the Inside Bars on the H4, had a nice Pin with a 50% retrace, made for a great ...

Cable Update (GBPUSD)

I went short at 1.6465. If you go to the H4 you can clearly see a continuation of the downward movement. Let's see if this can move to support down at 1.6200. Anyways, this goes for EUR/USD, AUD/USD, NZD/USD, even GBP/JPY. They've been selling off ...

Cable Update (GBPUSD)

It broke the high of the master/mother candle so how could it be an IPB? It did close within range so you could probably trade it again I am not sure. But the IPB was before the last bar, I assume you enter on that signal, with the confluence on the ...

james16 Chart Thread