Oh, it is just Entry Point if a possible entry presented itself.

james16 Chart Thread

Thanks for your input phpscott. Just looking at the Monthly we can see that it is almost a monthly DBHLC with only 1 day left of the trading month. Also, the eye of the weekly PB is almost 25 pips outside the close of the previous bar. Possibly ...

james16 Chart Thread

Just looking at the weekly PB on NZD/USD that Jarroo pointed out and am trying to work out a feasible plan of action, if we do see the PB break. Not that I am thinking of taking it live at this stage but I may demo it, however I am not going to make ...

james16 Chart Thread

Thanks Bundy, Appreciate the explanation. especially on the weekend. I suppose the manner of filtering out the Manipulated bars with PPZ. RN and confluence, is a must in determining if we are getting a bargain, or a fish? I seem to have knack for ...

james16 Chart Thread

Sort of.. After what you mention, I am assuming the TF is not that important it is the areas of Support & Resistance, that will show up on any larger TF. Thanks Bundy. Just currently simulation trading the EU on Daily TF. May have a runner IB.

james16 Chart Thread

I have been meaning to ask this question about the 8Hr conversion some people are using to find entries. As most people are probably basing their trades NOT on 8Hr, does this not make these setups less of a self fulfilling prophecy than the regular ...

james16 Chart Thread

Yeah, the senior people not online right now, speaks louder than words. Have a great weekend and hope you catch a good one next week.

james16 Chart Thread

Your sell order is 30 above a weekly pivot and the 50 fibo. You may want to think about it, especially on a Friday evening. Look at all the traffic on the left in the red rectangle. Also look at the bar highs and lows on the weekly, I wouldn't like ...

james16 Chart Thread

Just watching the BEOB on USD/CAD It is Friday, so I am only watching.

james16 Chart Thread

Sure looks interesting on the Weekly.

james16 Chart Thread

Indeed Jarroo It looks much better as a possible bullish setup.

james16 Chart Thread

We have Monthly PPZ, 50 & 38.2 fibo confluence with BRN. Don't like the look of those high bars like needle mountain. Maybe the Daily candle will end up as a Bearish PB right off the 365, for some action next week?

james16 Chart Thread

Well, I got out of that EJ trade for +15 pips. It could have been worse but now I understand the point about position of PA. As I said, it was an experiment in the learning process and I want to make these mistakes now on demo.

james16 Chart Thread

Maybe a complete newbie to trading would find it advantageous to complete the free course at babypips, get the basics under their belt, then join the J16 PF. In the meantime I am watching this EJ play out. Now on H1 we have a DBHLC & price still ...

james16 Chart Thread

Thanks for the advice. Possibly, a wider SL will reduce the risk reward ratio to a point where it is not worth taking. Yes, there is also a BEOB on H1 for further confirmation. EDIT: Now I am seeing the 61.8 being tested and if I look at the H4 TF I ...

james16 Chart Thread

This is a demo experimental trade and I am basing it off the H1 with confirmation of H4 and placing the SL based on the 365 EMA on M15. Just an experiment too teach me a lesson.

james16 Chart Thread

I am watching the EJ on H4 & H1, there is not much room but could run 60 pips or so if managed well.

james16 Chart Thread

You guys are selling this at the bottom?

james16 Chart Thread

Last post ever about PPZ. If Jarroo thinks they are looking sort of on the same page, as it were. I am finding as many people advised, switching from bar chart to line chart is really helping me see the main flip areas and helping me to determine ...

james16 Chart Thread

FXDD list

james16 Chart Thread