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    • g_j_hook@yah replied Jul 18, 2011

      no your right, its a great example.Thats defo the strongest level in play right now. but im a little nervous of the bar itself(its not something i would trade personally, i like them to be totally contained in the previous bar, which this one isnt, ...

      james16 Chart Thread
    • g_j_hook@yah replied Jul 18, 2011

      yeah you might be right its pretty choppt right now. but im pretty bullish this pair atm... im not trading it either though im pretty much margined out on gp/yen shorts and now the cad pin bar(jus going into profit)... wish me luck lol jon

      james16 Chart Thread
    • g_j_hook@yah replied Jul 18, 2011

      thanx Jarroo, a compliment from you is a compliment indead! i see this posted often enough to have tried to answer it in a little detail. cheers jon p.s. i hope you meant to say you "could not have answered it better".. lol (though i doubt that my ...

      james16 Chart Thread
    • g_j_hook@yah replied Jul 18, 2011

      i like this one, a nice bar(size and close) coming off a good level with a nose that tests the ground above. closes below the level and RN confluence. I like the previous bar also which shows some exhaustion of that move up and the resilience of ...

      james16 Chart Thread
    • g_j_hook@yah replied Jul 17, 2011

      yeah this is a problem most people encounter at 1 time or another. i think the answer lies in the prioratization of the levels. there may be many Minor levels you can draw on your chart but not so many major ones. Usually the strongest show up on ...

      james16 Chart Thread
    • g_j_hook@yah replied Jul 17, 2011

      hey 5.25, yeah exactly, i missed it :/ but thought i would post it as it was a very nice clear level, the trade worked out nicely but doesnt look like we will get a RR from below just yet.... cheers jon

      Fail Better