EURGBP — RN, PPZ, 78.6 Retracement...waiting

james16 Chart Thread

audjpy — BRN, ppz, swing high, divergence...waiting for PA

james16 Chart Thread

Hi Monika. I hope you don't mind if I put in a couple of thoughts. I see a pretty small bar following a strong move up. Notice how the close is toward the middle of the bar. I like to the close more near the low of the candle for a BEOB and the high ...

james16 Chart Thread

Agree, and the good thing is we can learn something while sitting on the sidelines. My thoughts on that bar (hindsight 20/20). It's small bar in traffic and not at a swing high. 4H up move is strong from the 1.3500 area. Price appears to me to be ...

james16 Chart Thread

EURAUD — another euro pair approaching well-defined ppz at a BRN. 1.4000 looks like a good watch area. I wish price would have climbed a little higher so the retracement to the BRN would have been deeper. If price breaks through the BRN, I'll ...

james16 Chart Thread

EURCAD is in a confluenced area with some decent space: Well-defined PPZ BRN 1.400 78.6 Retracement 365 ema A big bearish Pinbar tomorrow with high around 1.4100 and a close below the 365 would be nice. Edit to add divergence too.

james16 Chart Thread

NZDUSD... — NU seems to be approaching an important level near RN 1.7400. Here's how I see it using Jarroo's HCR and LCS concepts. First 2 charts show levels on weekly (1 zoomed in and 1 zoomed out). Second 2 are same on daily.

james16 Chart Thread

Today closed as IPB that signaled a potential pullback to the previous consolidation....and it looks like price is certainly headed back in that direction with a long time to go. Will be interesting to look back on this one tomorrow and see what ...

james16 Chart Thread

Still another day to the weekly close, but I think this is a BUOB....If it closes bullish it engulfs 13 weekly bars...Too bad it's not at a swing low

james16 Chart Thread

No problem. It has helped me tremendously. If you'd like I can screenshot an example of what I plan to test and what it would look like and post it here. It would give me an excuse to play with charts. Might not get to it until weekend though.

james16 Chart Thread

You can do this with forex tester. I purchased as a Christmas gift to myself and love it. I'm going through some retrace backtesting of outside bars and pin bars at the moment, but plan do exactly what you're talking about when I am complete with ...

james16 Chart Thread

Thanks....so looking at your purple tl, that looks like reverse h-n-s. Is that how you see it? For some reason I see bearish H-N-S pattern a lot easier? Looks like you played the pin on hourly to the pull back of that TL?

james16 Chart Thread

Although it was a much choppier consolidation than the cadchf, Gbpaud broke out of pretty well-defined box today as well.

james16 Chart Thread

Well i missed the south bound train of that H-N-S on GC. Never got a pullback to the neckline for a daily entry and price just dropped. Looks like there may still may be more room to 4200 based on the pattern so I'll be looking for PA at 45-4600. ...

james16 Chart Thread

Just put a demo long order in on the retrace of daily BUOB on EG. Continuation out of reverse H-N-S looking consolidation.

james16 Chart Thread

I've been watching GBPCHF quite a bit the last couple of weeks - hoping it would climb back up to the 1.5400 area. Looks like that is not likely at the moment. A daily close below 1.4900 would be nice to see. A lot of room to the down side and a ...

james16 Chart Thread

[quote=menomoo;4468271] yep. thanks for pointing out, edited post and attachments.

james16 Chart Thread

Me too...lines up nicely with a weekly lcs at sl from late January

james16 Chart Thread

Hi geni. This is how I see EURAUD using the hcr lcs concepts jarroo has been teaching lately. Starting on weekly there is an lowest close of support that is at the low of the current weekly bar. That looks like the line that you draw with short ...

james16 Chart Thread

It took a bit, but we got a daily close above HCR2- now it could be a support area.

james16 Chart Thread