there she blows!! Nice trade mate. Nor for me that 1 min TF! jon

Simple Setups To Trade

any way guys, i posted the simplist setup i could think of. nobody out there got one they are willing to share!?!?!?! Jon

Simple Setups To Trade

hey buddy, this one is running a little too long for my liking. i prefere a shorter retrace. not saying it wont work out but it is not really the setup i have been posting here. that 1.4940-50 area looks good for short term revesal though...??? ...

Simple Setups To Trade

ud/yen showed a nice example today 1H chart and 15 min... jon

Simple Setups To Trade

hey Clive, good stuff mate. nice examples. glad some people are finding this helpfull. i dont mind at all what time frames you post. i like the chance to see other options to this method also. keep on posting. i cant be around too much for now so i ...

Simple Setups To Trade

fly man fly!!! lol jon gotto go , back later.

james16 Chart Thread

see how price has retested the channel line (to the pip), now we have confirmation of that level and can see the break as genuine (imho). i now a legit place to move my stop. i have also got the 1600 level to back it up now. A little better than 1:1 ...

james16 Chart Thread

i dont take you wrong mate i love these exchanges. i DO trade live Adi as you know (though not gold) and this IS how i play them. im not assuming here im sharing my experience. RR is not meaningless to me but rather i take seriously the FTA and the ...

james16 Chart Thread

the first box i had marked but sorry mate the second means nothing to me, maybe im missing something?? i agree and trading into them is dangerous, but assuming we took the trade(i wouldnt have so not the best eg.) i personally would have taken some ...

james16 Chart Thread

lol....i also took this small demo trade to show an example in real time.... small pin at top of bearish channel with divergence. 1601 RN confluence now at BE not lookin to get out at the lower TL, looking for a break of it... jon

james16 Chart Thread

wow!! imho this is not a place to close the trade, it is a place to watch and be aware of. it is these places that we can hide out stops behind when price breaks through them. i love these levels... jon

james16 Chart Thread

hey Adi, the first short line is the same area as i marked, maybe i could have put it a little lower, but i dont get your second line at all?? to me it has no significance what so ever apart from the TL?? to say most would close there is not ...

james16 Chart Thread

hey Adi, its too early to tell yet no??? a full bar stop would still be in play... jon EDIT: maybe this will lighten your mood?? check out the 15min BEOB. i watched this break in real time so it is not just after the fact...i little better than ...

james16 Chart Thread

cool, thanx Arnie jon

james16 Chart Thread

hi Bemac, i find the 9 period RSI to give a clearer signal than the 12 from 1D down to 15min. can you expand on your reasoning?? jon

james16 Chart Thread

we have got to give it a bit of time . remember you would still be the trade if you took it yet, so lets see how it developes... jon

Simple Setups To Trade

chart...

Simple Setups To Trade

The aqua is the first TL, we need to give the retrace time to develope. An acurate TL connects the lows and is invalidated if that line is broken. When that happens it is time to redraw It is always a case of being right after the fact of course but ...

Simple Setups To Trade

i use RSI period 9. i personally think it give the divergence quicker than any other i tried but is still pretty reliable And clearer jon

james16 Chart Thread

Things to look out for.... jon Although these breaks may work out fine it is not what i look for. i look for a short pause in a strong move.

Simple Setups To Trade