nice. edit: closed both: EURUSD @ 1.3370 (TP), GBPUSD @ 1.4837 (pin off 21EMA, with trend). Everything is on demo, so don't mind me.

Jankone M5 thread

And a bad shaped H8 pin (still a pin), off of PPZ, EMA and 61.8%. Makes you wonder where price might be heading (not definetly heading, but a higher chance of going than not going).. Man, I wish I were a pilot..

james16 Chart Thread

Nawry, take a look at the post above. That's how I saw it in the morning, that's how I see it now. The H4 BUOB turned intro a Daily BUOB. It can be played, with some tight management. It's not A+ for sure, and it's not J16 in its purest form, but ...

james16 Chart Thread

That's not really a BEOB. The candle has to encompass (engulf, cover etc) the whole previous candle. And the IB broke, but it came back, that's not a good sign. That's called a 'fakey' setup, and it usually goes the other way around (in this case it ...

james16 Chart Thread

That's not incoherent, that's how I keep my journal. I thought FTA was 'patented' by Mike, a long time ago, 'cause I was using it for some time..

james16 Chart Thread

i had also buy and sell orders at the same time. I took half at 91.95 and gonna do the H4 two bar low stop loss.

james16 Chart Thread

yes, exactly. 3650 would have been reaaaal nice.

james16 Chart Thread

yeah, it's the bear flag playing. I was expecting one more move up to short it, but i guess you can't have them all.

james16 Chart Thread

EURJPY — Ok, so I have a little take on the EURJPY D & H4. On the charts attached, I have pointed a H&S formation on the Daily. It's toped with a little pin (followed by a TBH) that has formed on the neckline. On the H4 we have a BUOB that can ...

james16 Chart Thread

manually drawn, nice. did you respect the proportions on the shell, as in the video posted? )

james16 Chart Thread

take the break of the handle. In this case, the break of the handle may be signaled by the BEOB. url

james16 Chart Thread

I need magnifying glasses to see that. And you have a better (but just marginally) looking pin at the same area that didn't work at all. And this one didn't even end as a pin, so next

james16 Chart Thread

This was a very nice H1 BEOB, with all the confluence that you can wish for, that turned further into a H4 BEOB.. Too bad I spotted it too late.

james16 Chart Thread

I was staring like a complete noob on my Light Crude H4 chart and I didn't know why everytime I looked, nothing happened. That PB was sitting there with no action after it. Then I realized that contract's changed, from April to May...

james16 Chart Thread

If the last bar on H4 EURUSD would have closed the way I pointed in the chart below, than that would have been a really powerful BUOB. Off of BRN, strong PPZ, engulfing 2 (or 3) previous bars. Perfect in my opinion.

james16 Chart Thread

USDJPY weekly IB — This USDJPY I4(?)B sure is in a great spot. I'm betting, with the USD strongness and all, it will break to the upside. But it could very well be played both ways.

james16 Chart Thread

I was waiting for that 1.05 to hit for weeks. I had a square marked there since ages, even took a short from 1.079, but got stopped out. I even wrote on my notes (watch for PA at 1.05, it will surely go there). But when it got nearly there, it made ...

james16 Chart Thread

Going back in time. Just a reminder for everyone...

james16 Chart Thread

The story part I know. But you have to build it piece by piece. Thanks Mike, there aren't a lot of people like you (plural, reffering to seniors) out there.

james16 Chart Thread

I too am a little confused of this whole uptrend, downtrend discussion. The thing is, with your approach Mike, how many bars do you use? I could use 50, 100, 500 bars or I could be going back 2, 5, 10 months, 1, 2, 5 years. Do you have a 'default ...

james16 Chart Thread