The answer is that the futures traders expect the price in June for the YM contract to be lower than the price now. But these are the expectations today, which can change tomorrow.

james16 Chart Thread

I'm sleepy?

james16 Chart Thread

Pending buy stop. EURAUD might give us something nice on its way down to 1.48..

james16 Chart Thread

You can also see the 2 day PB. It was my enter, stop to BE now. If I would have watched H4, I think I would have taken the big BUOB off 1.59-1.6. But enough with the ifs.

james16 Chart Thread

Listen to Mike, and hear my say: About 3 years ago, I stumbled onto a forum. There was one guy there who seemed to know it all. He had a sense of the market that I had never seen. Thing is he didn't have any money. So he figured: "If I know what I ...

james16 Chart Thread

You're right, but the purpose of this thread is to teach people PA. Once that is out of the way (learning PA that is), everyone can diversify in whichever direction (touch trades, scalping etc). Since Bam (I suppose) and I are begginers in this PA ...

james16 Chart Thread

I think everyone here is looking at USDCHF. But it's not yet time.. wait a little longer. You can't get any more confluence than this: - 2x fib - BRN - 150 EMA - rising TL But from the daily perspective, today is not the day. Maybe tomorrow, or ...

james16 Chart Thread

I don't watch H4 regularly so I didn't see the BEOB, thanks for pointing it out. I just had the 1.05 zone marked on the daily and I thought I could go down one TF to watch for PA. So waiting mode still on.

james16 Chart Thread

PPZ are pivot price zones, they aren't automatically drawn, we manually draw them based on previous reversal zones (places where prices flipped in the past). Maybe you are reffering to Pivot Points. There's a formula for that, and some indicators on ...

james16 Chart Thread

USDCHF — What do you do with this (not yet formed, but getting there) H4 pin on USDCHF? It touched 2 fibs, but didn't quite make it to 1.05 nor the trendline. It would have been an A++, but now... We wait for another one? (Assuming it will end ...

james16 Chart Thread

I placed it under BRN and 61.8% percent of last swing high-low. I mixed daily with weekly, and I guess I shouldn't of have. Thanks for the info, I'm here to learn and do it for the long term.

james16 Chart Thread

Like a noob that I thought I wasn't, I got stopped out at 1.4990 from my weekly trade... Thought that BRN and 61.8% fib would have been enough for stopping the downmove dead-on, but the bears got a final push.. Oh well, food for thought, one demo ...

james16 Chart Thread

Someone thought us different. url Call it whatever you want, it does the same thing.

Jankone M5 thread

url State of emergency and all...

james16 Chart Thread

I was wondering.. How's fijitrader doing with the cyclone and all?

james16 Chart Thread

Sure it helps. Thanks for the heads up. You too Mike. Keep up the good work.

james16 Chart Thread

Hello, I've entered at 1.5205, 1 pip from high. I know it's too close, but had it been 10 pips away it would still be triggered. And i see a lot of 2 day pins on most EUR and GBP pairs, telling us to go short on these 2. EURAUD retested the historic ...

james16 Chart Thread

What do you guys do with that GU weekly pin trade that's on? It isn't looking very nice, and on my feed it's turning into a 2 day pin. I've moved my stop to just below 1.5000. How would you have played or are you playing this? (I'm just demoing, but ...

james16 Chart Thread

GU — GU is getting hammered... That 5 min pin was a real gold mine. 10R in 3 hours. 2% R on a large account would have transformed in a nice house somewhere. (that's the weekly buy that you see up there)

james16 Chart Thread

AUDNZD — nice cherry pin forming on AUDNZD H1. 61.8% fib (not drawn), ascending trendline, BRN, PPZ, a little bit of divergence.

james16 Chart Thread