I think you misunderstand...That is a weak pin running straight into resistance. Coming from nowhere in particular... Not the best setup imho. jon

james16 Chart Thread

yeah agreed. they need to be real obvious and then they usually chew you up.... "doublebannanareversebattleships".. i must have missed that one... lol ipersonally like the patterns on small TFs as they seem to break with some momentum but ...

james16 Chart Thread

stop will ye... jon

james16 Chart Thread

interestingly here is the same chart with the daily line opening at 9am gb time and it has lost some of its significance... jon

Fail Better

yeah sorry i should have been clear. its the price at midnight. new day price might be a better way to put. jon i must stress this is not something i have researched much or tested it is just an observation. i have watched this level for quite some ...

Fail Better

If i was to draw a flag here i would draw it like this...(see chart)and in this case it hasnt broke yet. just my view. But more importantly... it is NEVER too late!!!.....if you have lost confidence in your trade simply get out!! one missed is ...

james16 Chart Thread

yeah i watch the daily open price and how price reacts around it. especially at the NY open. a quick look at the eu/gb chart shows its importance... jon

Fail Better

Thats very generous calling that a flag mate, one to manage tightly there. jon

james16 Chart Thread

very nice B jon

james16 Chart Thread

how about this level..?? maybe we will get a bounce between them!! jon

Fail Better

not sure what you mean but if your talking about the bars imidietly after the break down i personalt wouldnt worry too much about this. you see that happen on at least half the break outs, at least on some TF. )Its as if price has forgot its ...

Fail Better

Hey Cavin, just to add to what SC has said heres my chart. I have the PPZ a little higher than the pinbar. Check out the one iv doctored...spot the difference...this is why it was an easy pass for me. If had looked like the second chart i would have ...

james16 Chart Thread

that made me laugh out loud! ( i think my mum thinks im loosing it!) class jon

james16 Chart Thread

i dont see the supporting PA, it is a decent level (1,400) but after that strong move down i would be carefull. i think there will be better soon...??? jon

james16 Chart Thread

give a man a fish and he will eat for a day.... teach a man to fish and he will sit in a boat and drink beer all day!... couldnt resist.. jon

james16 Chart Thread

hey Strick i think that is a 23.6% retrace no? you have the fib drawn upside down... jon

james16 Chart Thread

a couple of mediocre examples....(from today) jon

james16 Chart Thread

i learned how to make money on this thread. i traded at BE for a long time and it wasnt untill i absorbed this thread content that i began to see improvements to my trading. This wasnt just about a method but just as much about mind set and what it ...

james16 Chart Thread