Hi SG. Very nice entry on EURCAD - I'm in on a much more conservative play. I played break of bar with initial stop above bar. Have already taken a small amount of risk off table by reducing stop. My chart looks like further managment planned in ...

james16 Chart Thread

I'm personally in the USDCHF weekly pb from a few weeks ago...so I'll probably just tighten that stop a bit more. Stop has been tightened below the BRN .7500 to .7400 right after order triggered, so I will probably move it a little more to a few ...

james16 Chart Thread

I personally would have liked to have seen a close above the BRN 11 to consider trading. I agree with with your FTA and that there is a lot of space to it , but the close of the bar (below BRN) to me looks pretty weak and I don't see any real ...

james16 Chart Thread

Here is the chart on GA as I see it...defining the ppz using jarroos lowest close support, highest close resistance concepts. Confluence of RN 1.5100, well-defined ppz and fib retracement level make this area one to watch for me. Would love to see a ...

james16 Chart Thread

One more and I'll leave you alone.....I think this chart is what you are describing in bolded above. We have an extreme swing high to the left, and a second one that formed at basically the same level (actually 20 pips higher), basically giving us a ...

james16 Chart Thread

Same pair had a couple of BEOB at swing lows (at the time the bars formed), that could be tradeable - but are generally more tricky to play.....hope these help.

james16 Chart Thread

Right, we want them at obvious swing points. For me the more extreme the swing and larger the bar the better. Here are 2 more BEOBs at swings...looking to the left each they are not the most extreme swings on the chart, but they are obvious swing ...

james16 Chart Thread

Not Mike but here's a BEOB at a swing high

james16 Chart Thread

Couldn't agree more...I'll be watching the area for a flip to resistance as much as I will be for a reversal. Would take huge PA to enter long

james16 Chart Thread

Not able to post chart (will try tonight) but gbpaud is currently dropping right into major support at 1.5150 to 1.5250. I'm paying special attention to 1.5150 as this is the first time back to a jarroo highest close of resistance.

james16 Chart Thread

Thanks for coments g....always appreciate your 2 pips. You're right on the s/l placement, it was taken out over night. Here's a little more of my thinking. I put the s/l just below the area I called my second trouble. When I placed the trade I ...

james16 Chart Thread

So price moved quickly through the 8400 this morning (right to ifmyante's suggested tp ).... I moved my stop again up to 8320 locking in about +1.2R on the trade. This level is just below my second trouble area. I've decided to hold and ...

james16 Chart Thread

Nice one. I'm watching silver too and hope it drops some more....since I can't trade it due to 1:1 requirements, I'm buying silver dollars on ebay.

james16 Chart Thread

Yeah...I've been looking at that chart 2x a day since I entered and never noticed the typo....

james16 Chart Thread

Got some nice movement to start the week and price is currently testing my second trouble area. I'm locking in about .5R profit and moving stop to 8170...using the RN 8200 and the ppz at FTA to hide the stop.

james16 Chart Thread

I'm in this one too. My ideal world is respecting fibs and retracing to the 78.6 level.....eventually. We finally got the first test of 23.6 now to break through to the 38.2. May take a bit, but I've got about 50 % of initial risk off table so I'm ...

james16 Chart Thread

It's taken a few days and patience to sit through drawdown, but per plan, price is to FTA and s/l has been moved. About 50% of risk has been taken out of position.

james16 Chart Thread

Great charts...thanks for those. So you would have entered after point c formed around 110.77??

Sonic R. System

Closed for +69 pips including spread for 1.797% of initial risk.

Sonic R. System

thanks for feedback tah....definitely worth studying. A few more charts to help explaing what I saw as reasons to enter short. First is daily - strong down trend on pair. Second is 4h - magenta lines are how I see the major 4H s/r areas. Market ...

Sonic R. System