Hmmmm Head/shoulders objective 1.26000, TL, 38.2 fibo.

Backing Trades Thru Charts

The pinbar is interesting but I'm not feeling a trade here. The pair is squeezing down and looks like a break out is coming so I'll wait.

Backing Trades Thru Charts

My AUDUSD Daily chart.

Backing Trades Thru Charts

Interesting system. I've always liked MACD. Combining with trend lines in this way is novel. Just never quite saw it this way. Getting my head around this but I am starting to see the trading opportunities. Look forward to more examples

Trend Line Price Action with MACD strategy

I'm glad I took the time to review your thread. Although I have much to learn from you, the principles here are amongst the most valuable tools in my tool box now. This was a great week for my account. Thanks Coke!!!

Backing Trades Thru Charts

Check out H4. Interesting how discrete the ppz can get sometimes. Makes the pinbar near the 61.8 fibo "sexy" as bullzeye says. Beer later!!!

james16 Chart Thread

Nice confluence here at the 50% fibo.

james16 Chart Thread

Support here at the 50% fibo. Putting second half in the bank + 70.

james16 Chart Thread

Don't know if I posted this yesterday but here's update. Took half off early for only about 10 pips. This second half running at 45 pips. SL moved as shown

james16 Chart Thread

Resistance becoming support?

Backing Trades Thru Charts

DBHLC on H4. Took half off and letting this go at break even

james16 Chart Thread

I suspect trading Jarroo style with tick charts may not work. His style is all about trading closes above/below HCR, LCS from a daily/weekly perspective. Pinbars work but as J16 teaches you have to be super picky about which pinbars you trade. I ...

james16 Chart Thread

One other thing Zamfir, I don't have a huge account but it is getting there with J16 principles. The more I read your statements the more I can see you haven't really spent much time reading and studying this thread. I hope you do. If you are ...

james16 Chart Thread

Hello Zamfir, When I first started trading J16 I had similar thoughts as you...the trades come few and far. While I don't enter 5 or 10 trades a day I do get at least 5 or 10 solid trades per month. I follow Mike's method for the most part but I ...

james16 Chart Thread

Touch trade

james16 Chart Thread

I'm short. Retrace to 61.8 fibo, 1.2800 round number. Bounce from ppz. Vicious spread on this pair !!!

james16 Chart Thread

Daily chart shows we are in the middle of the range. Trading from extremes of the range generally better than trading from the middle. However on H4 chart there is a trend break with a retest so who knows. Good luck!

james16 Chart Thread

So probably lends more to the idea that the resistance level may bust.

Backing Trades Thru Charts

The 100% extension on this ABCD is +/- 1 or 2 so this one looks pretty good in my inexperienced opinion. The 127.2 extension is right at confluence. I am thoroughly enjoying learning this stuff. Going through Scott Carney's material that is free. ...

Backing Trades Thru Charts

So this ABCD would be invalid as number of time periods in A to B less than in C to D?

Backing Trades Thru Charts