Color changes — Relying just on color changes will eventually lead to mounting losses. BBs are just another overbought/oversold indicator. Price can walk the band longer than your account will survive to catch a reversal. It is better to use ...

Bollinger band trading

Just thought I would chime in. No PDF or other summary would do justice to this amazing thread. The charts in the first 100 or so pages that James puts up are worth gold and absolutely the foundation for the rest of the thread. I find myself going ...

james16 Chart Thread

Strategy? — Dont know if you want any comments or not and if you dont I will bow out. What is your strategy? You probably have one but entries/exits at first blush appear random.

Zappa's Journal

Here ya go! — url

james16 Chart Thread

Thanks! — Yes it is definitely curvy!

james16 Chart Thread

Comments? — Mike or anyone else. Does this look like a 8 hour outside engulging. If so would this be worthy of a short or just trading into traffic?

james16 Chart Thread

Blog — I will be checking out your blog. Sounds interesting.

james16 Chart Thread

AUDUSD — This trade has been based on a weekly close as shown. I entered this trade on a retrace of a daily BEOB but wish I would have waited for 61.8% retrace so I have endured a few uncomfortable pullbacks. So far the BEOB has not been ...

james16 Chart Thread

Well played! — But.... I tend to think this thread leans towards price action of which I see none in the trade you took. In fact you took a long (a scalp in my book) in the face of overwhelming bearish signals. I can see the lows here are in a ...

james16 Chart Thread

Not a big deal. You mention taking a long "for a quick profit" on the AUDUSD after clear bearish signals from which Bullzye and I took a well-thought out short on. Just wondering what criteria you used to enter such a long. Here's an update on the ...

james16 Chart Thread

Trend Continuation — Check out post #10 of this thread. James has a nice chart on continuation signals.

james16 Chart Thread

Picky? — What was your "picky" criteria for that long.

james16 Chart Thread

GBPAUD — Rising wedge with MACD divergence on this pair. It will be interesting to see 1. What happens if there is a 50-61.8% retrace of the daily BEOB which is also a DBHLC (a sell at that time reduces risk). 2. Or wait and see if the low of ...

james16 Chart Thread

AUDUSD — I sold on a retrace to the red daily line. It has gone through this and retraced 61.8% of the previous daily candle which was a DBHLC/BEOB. Not fun taking this kind of heat but you have to have faith in your method. Anyway we'll see ...

james16 Chart Thread

AUDUSD — Anyone watching this.

james16 Chart Thread

Price action trading — Hey Swoosh. Nice to see you gave up all those indis. Price action trading has a lot to do with identifying horizontal support and resistance first. We can then wait for price action candles occuring at those levels to ...

Swoosh's Journal

Agree — Having a second look at it I agree!

james16 Chart Thread

Traffic and such — As I said previously I don't think it was an A+ pinbar for the reason you just stated Dan. BUT it did occur at the bottom of the box or support area. In the context of the H4 time frame with proper targeting there was ...

james16 Chart Thread

NZD trade analysis — Hey Dan, Hope you don't mind if I take a jab at this one. I like NZDUSD and trade it quite a bit. It is a consistent pair and seems to offer a lot of very tradeable price action setups. Here are 10 trades. I know this is ...

james16 Chart Thread

USDCAD breaking out — There the loonie blows!

james16 Chart Thread