yea, i'm watching USD/CAD as well... however, on the daily, the pin doesnt look nice and long can this be considered an A+ trade?

james16 Chart Thread

i'm looking at the daily USD/CAD as well. i think the location is pretty good (if you can find any flaws, please tell me!) -MACD divergence -stochastic is super low -nice round number at 1.3 -good PPZ PINBAR is also forming BUT it doesnt look nice ...

james16 Chart Thread

i see quite a good setup forming in the usd/jpy weekly chart -MACD divergence -triple bottom? -hitting previous support comments/criticism? my question is, what if i use the daily timeframe to look for an entry point, but the bars DO NOT form any ...

james16 Chart Thread

i'm watching that usd/cad trade as well. i've drawn a fib retracement and the 61.8 is in the same zone as the weekly pivot... -can i say they are in 'confluence'? -and is my fib drawn correctly? *the turqoise line is the weekly ppz

james16 Chart Thread

besides a 61fib level, which other fib levels are more significant? and when u said 'tiny stop' what do you mean? congrats on that trade tho!

james16 Chart Thread

right on.... question is, how can you tell if that last intercept of PPZ isnt going to be a support? (of course it turned out to be resisnance, but how can you tell either way?) ps: i know i'm asking alot...but bear with me

james16 Chart Thread

thanks for the input!! but i have a few questions -what do you mean trading agaisnt PPZ? from what i understand, PPZ is a critical area where it tends to be a support/resistance, am i right? -it is logical that the BEOB(or is it double ...

james16 Chart Thread

what went wrong? — i'd just like to know why the pinbar didnt initiate a change in direction of the trend. (EUR/CAD DAILY) besides the pinbar, it has also pierced thru fib's 23.6 level plotted from the absolute highest to the absolute lowest ...

james16 Chart Thread

i'm at london time...maybe we should all trade numbers so we wont miss anything!! haha

james16 Chart Thread

hi.. @raczekfx: i have also noticed that pinbar formation on gbp/jpy HOWEVER, i have a question: in chart 1 (daily): we can see an obvious pinbar at quite a good location in chart 2 (4HR): in this chart, there's also a pinbar formation signalling a ...

james16 Chart Thread

@supremechaos: thanks for the link..i'll check it out soon! @mbqb11: yeah...i get what you're saying. i guess we'll just have to wait till the bar closes. If the protrusion remains the same, will it be risky to still long the position BUT, having ...

james16 Chart Thread

thanks for the input guys! just wanna make sure i get this right... is this area also considered a 'swing low' area? from what i see, highs are getting lower and lows are getting lower as well... and, does this area also form what strat calls a ...

james16 Chart Thread

a possible pin bar forming on the daily chart, anyone? also resistance in july 07....

AUD/USD

hi...im still learning the price action techniques and i hope i can get some comments i just posted some charts earlier - Daily USD/CAD can someone help review? thanks in advance

james16 Chart Thread

USD/CAD pinbar formation? — hi, im new here and still trying to learn to pick good pinbar formations i just came across this pinbar on the USD/CAD daily chart, along with Fib retracement levels. please let me know if i have picked a good ...

james16 Chart Thread