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Pinbar replied May 13, 2010GBP/JPY stopped out at BE+. certainly is nice to get stopped out at BE+ after taking more than 90% off the table. As jarroo mentioned, it wasn't a great area, apart from the PPZ the trigger BEOB came off.
james16 Chart Thread
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Pinbar replied May 13, 2010TP2 SL BE+, it is a free trade right now. Trailing it with a 50 pip TS. I hear you jarroo, MM is probably more important than entry.
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Pinbar replied May 13, 2010Yeah, I am in on the H4 BEOB Keeping my eye on the 50 fibo though. EDIT. Thanks for the confirmation Jarroo. I entered before I read your post.
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Pinbar replied May 13, 2010I am watching GBP/JPY. Trouble is, PA is going sideways.
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Pinbar replied May 13, 2010Sorry, I must have missed this post. Here is the spread indicator you are looking for.
james16 Chart Thread
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Pinbar replied May 13, 2010Presumably, Jarroo is already at TP1 somewhere in the vicinity of 1.0110, SL at BE+. TP2 possibly around 1.0080
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Pinbar replied May 13, 2010Looks like a great place to go short! Exactly as I imagined it would. Monthly looks like we should be looking for short entries. LoL Another lesson learned.
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Pinbar replied May 13, 2010Nice one Jarroo. Did you place the SL above the 1.0200 or perhaps above the 365 EMA?
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Pinbar replied May 13, 2010Many thanks Jarroo. Interesting and indeed very practical how you choose the areas price just took off. Another point to keep in mind. I bet Jarro could draw PPZ on the entire residents of an ant hill.
james16 Chart Thread
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Pinbar replied May 13, 2010I think this will hold up but maybe not perfect. Sort of shot myself in the foot with the "4 PPZ" comment. LoL Certainly helps one when looking at charts, it took me 5 mins to find a chart, I thought was a little difficult. Now, a week ago, they ...
james16 Chart Thread
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Pinbar replied May 13, 2010Thanks, I suspected it was. Yeah, we did that yesterday.
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Pinbar replied May 13, 2010That is a great idea SC. Many thanks for the wealth of helpful tips and pointers.
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Pinbar replied May 12, 2010You used 6 lines Jarroo! LoL Many thanks for your kind help, it is extremely encouraging. Any chance of another reasonably hard one, just to make sure. Regards
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Pinbar replied May 12, 2010EJ is flagging around the 50 fibo and BRN 118. Double IB and last one is smallest candle in 27 candles. Just keeping my eye on it.
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Pinbar replied May 12, 2010Is there a preferred broker time for PA. Maybe GMT? I feel another broker change coming on.
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Pinbar replied May 12, 2010What is the broker time? Mine is GMT +2 You also in Japan?
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Pinbar replied May 12, 2010Slade...I am shocked at how different the candles on your chart and mine look. Which broker is that on your chart? This is FXDD.
james16 Chart Thread
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Pinbar replied May 12, 2010Ok, I see. I was thinking I was missing something or my broker was not showing the same candles. Thanks
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