Nothing at all wrong with waiting...EURO is pretty much sideways for the most part I'm personally hoping to see the 1.4500 area reached in the next day or so.

james16 Chart Thread

Great trade. Wish I were along for the ride!

james16 Chart Thread

What I see on NU is small red pin (price closed lower than open) after a nice bearish day that broke it's most recent consolidation area (con 3 on my chart). In this case I would look to reduce risk or take profit very quickly. I drew in 8100 in ...

james16 Chart Thread

Hi CK. The two posts Mike mentioned are a big key to me. The way that Mike teaches (and you will see trades based on the trades he posts for us to review) is to enter on the break of a PA bar with a stop loss above the bar high (short position) or ...

james16 Chart Thread

Hi CK. Did you take the BEOB? It did get a nice hard break back into the recent consolidation. Price could do a lot of stuff now that is in that chop so you would need to protect yourself. If you traded that there are a couple of ways to play it. 1. ...

james16 Chart Thread

Cool ring. I like the countertops too....granite?

james16 Chart Thread

This is a valid BEOB, but a rather small one IMO. I've got my FTA a little tighter, at the minor flip at 1.3950 (I'm pretty conservative with FTA though). This one is trading back into a recent consolidation box (blue on my chart) so it would need ...

james16 Chart Thread

I looked at this one too, but ultimately passed. I have FTA a little closer, near 1.6380. Also, I think we have to consider that Monday was a holiday and take that into consideration when evaluating today's BEOB.

james16 Chart Thread

Maybe 1.7500 will give us that push back to 1.8000. I'm not picky, I'll take bullish PA at 1.7500....please.

james16 Chart Thread

1.8000 on EURNZD is an area to watch in my opinion. Pull back and pin bar please.

james16 Chart Thread

This is a good one to watch...the 82 RN is a pretty strong level, but there's not enough space for my liking. I see a very tight FTA, not much space....would require very tight management. The PB could be a sign of a push down, but I wouldn't be ...

james16 Chart Thread

I marked up this chart before I saw Pin's response.....basically I'm in 100% agreement here. Today's bar looks like a pause to me. I also see a reverse head and shoulders type of consolidation...I try not to be biased, but given the previous ...

james16 Chart Thread

I'd like to see it hold and pull back to 1.4500 (red line on your chart). Would be a nice right shoulder for a H-N-S.

james16 Chart Thread

I'm in agreement here....the pros (150 ema, test and rejection of BRN, monthly top of consolidation, strong ppz, very strong close, hidden bullish divergence) far outweigh the cons (sharp down move, swing low to left). We also have 50 retracement, ...

james16 Chart Thread

Hey PB...I'm thinking of demoing this one using jarroo's methods. I too do not like the potential support on the weekly, but I'm going to consider a touch on the daily. On daily PBT&CB weekly HCR, daily HCR 365 ema and BRN 1.4000. Also have the 150 ...

james16 Chart Thread

Your line says it all. Without seeing pair or price, I'd pass on trading int strong support. Very well could work out, but I would need a close below the ppz.

james16 Chart Thread

Hey March...I love the shape of the bar. It's large and shows momentum with a great close. However the BRN of 1.4000 looks to be a strong ppz that is the current support level. I would personally need a close below the bar highs I've marked up to ...

james16 Chart Thread

Hi soave...not a senior, but thought i'd drop my 2 pips. The bar tested important level of BRN 80, but there isn't much other confluence. I don't like the close of that bar. It's not actually a pin bar because close is lower than previous bars low. ...

james16 Chart Thread

CADJPY maybe arriving at interesting area....BRN 85 and 38.2 Fib in confluence, and would be nice to see the 150/365 catch up a little bit. Pair is probably a bit choppy and 50% retracement would be preferable, but worth watching IMO.

james16 Chart Thread

Hi Karnivol...thought I would try to add a chart. I made a mistake I think. It looks to me that the PB by proxy hit it's FTA near 8830...bar low a couple bars over from the PB by proxy. The bar high I mentioned bolded above was not part of the ...

james16 Chart Thread