Thank you milan, but it holds no candle compared with the setups Jim and the many other experienced traders here get into! I only hope I can pick out more of these types of action in the future (and be patient enough to wait for them!) by ...

james16 Chart Thread

Analysis of the current 1HR EURGBP move

james16 Chart Thread

Nice charts Mike, very insightful as always...

james16 Chart Thread

Well, a two bar low on 1H without some kind of S/R level or anything else to back it up is not very strong. YOU may trade it, but I am not. You sound extremely overeager to trade. WAIT for the setups, don't go looking to trade. If you have a demo ...

james16 Chart Thread

I saw this pin yesterday--it's a terrible one. By itself, it's beautiful--but look at the location--all it is, really, is a run from the top of the wedge to the bottom, and back up, which is what price has done over and over the last 7 days (before ...

james16 Chart Thread

I took it, and decided to stick with it... looks like it just peeked its head into profit... let's see if it stays there...

james16 Chart Thread

jayzee, I don't have FXDD, but not on my feed. Also, after such an extreme run up over the last several hours, I wouldn't be looking for longs at this point... Wait for a good retrace, and THEN look for your PA. Remember that PA is nothing out of ...

james16 Chart Thread

That is correct Thexder. If you're using MT, pull up a 1H chart of GBPUSD, zoom all the way out, and you'll see that this was the last truly significant swing low, from the July-October period--hence this point as the low I chose. You've got the ...

james16 Chart Thread

GBPUSD, beautiful 1hr pin off of 38% fib level today at 10AM ET, to the tune of 100 pips up so far. Even with a very conservative 50 pip initial stop, you would have already locked in 1R, and if you closed now you'd have 2R.

james16 Chart Thread

Good point HP, here's yet another perspective to consider. On my feed yesterday's daily bar is more of a doji, and while dojis sometimes signal reversals, they just as often signal a pause in a strong (new) trend. Since price consolidated for so ...

james16 Chart Thread

Should you take sunday bars into account? IMO, no--they only represent an hour or two of trading activity, compared with 24 hours for a regular daily bar. So, no. As for the indicators, try searching the metatrader forum--all that stuff is posted ...

james16 Chart Thread

EURJPY — EURJPY opened above a major, major pivot level of 165.36. Waiting to see what price will do here... price tested this level (almost) after the open, but that's expected to fill up the gap. Should be interesting to see what unfolds.

james16 Chart Thread

Of course, pips gained mean nothing, when taken out of the context of how much you risked. If you risked only 200 pips to gain that 612, then I'd be very impressed. But if you risked 1000, then not. Of course I'm sure your testing will include all ...

GBP/USD Force Index System

This way you have to type in OHLC for each hour... I know you're using a MAC, but if you use something like metatrader you can just code it onto your charts... so much easier.

Pivot Point with Money Management Strategy

Are you guys still looking for pivot calculators? They're all over the place. The generic floor pivots formula is: H = previous high L = previous low C = previous close P = (H+L+C)/3 R1 = (2*P)-L; S1 = (2*P)-H; R2 = P + H - L; S2 = P - H - L; R3 = ...

Pivot Point with Money Management Strategy

woodies — Here is a woodies setup I traded a couple of weeks ago... url I actually like woodies, but do not find that in forex it gets me in a trade early, as some woodies users say. If anything, I get in after the big jump after a ...

Woodies CCI with a 5 min scalping

AND... 1) You're at the top of a range 2) Hitting Weekly R1 AND Daily R1 in the face Yep, that's confluence of indicators... :-) Nice job wiz. Wish I had been watching this pair!

james16 Chart Thread

Chris, chances are it is available, it's just not showing. Click the "market watch" window, right click inside the pane, and click "show all." I'll bet NZDUSD shows up. If not, then as others said, there are many, many brokers who offer this.

james16 Chart Thread

On Sept 12:

james16 Chart Thread

I see BB, yes you're right. I dunno, looks to me more like guesswork, and I wouldn't say price action has much to do with it, as we're just buying at a low point, hoping it will retrace...

james16 Chart Thread