EUR/USD — The struggle for price is going to be around 1.2230. This is the low of the pin bar from where price came up from before turning down. Looking left there are plenty of bars high/lows at this level.

james16 Chart Thread

The pin bar is a staple of basic solid chart analysis. Martin Pring created the bar and people like James have forged ahead with it. The other chartists using fancy gizmo indicators are away with the fairies for me. Solid bar formations, BRN's, ...

james16 Chart Thread

This is a chicken and egg situation. The bars tell us what market sentiment is. Then the bars compound that sentiment as traders react to them. The buyers are exhausting and more enthusiastic sellers appear. The bars indicate a change in sentiment - ...

james16 Chart Thread

I have just changed the closing time on my charts to Eastern Time with daylight saving. I have GFT Dealbook 360. It is really easy to switch over. I can be any time zone with or without daylight saving in seconds.

james16 Chart Thread

Silver will have its day come rain or shine. For we know every cloud has a silver lining. Good as gold, silver lining. These metals are in our culture and our psyche, it is only because of interference that they are as cheap as they are. Fill your ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Anyone any answers to this. I look at certain candle formations which differ depending on the closing time. The best setups will be there in all time zones - and that is why they are the best. But there will a most favoured time. My guess is it is ...

What is the best gmt candle close?

What even if you are a dick head? There is hope for me after all! LOL

james16 Chart Thread

We both have three pieces of wood. They is 6 metres of wood. We both have the same amount of wood. Yours are all 2 metres long. I have a piece of wood that is 2m long and then one that is 1m and the last 3 metres. I get the drift - we are judging ...

james16 Chart Thread

Ah I am a dick head. The little bar is Friday not Sunday. I do get Sunday candles but not on my daily charts. Well that makes order flow sense. Thursday is bulls day. Friday is doji day Monday the bears take over and they are still in command. Will ...

james16 Chart Thread

OK but if we are using pin bars and inside outside bars these WILL look different depending on the closing times of the candles. They will look very different in some cases. There WILL be a best set up - if there are two variables it would be ...

james16 Chart Thread

This is the chart with GFT based on GMT +1. Plenty of people are running GMT+1. What do other people see on their GMT+1 charts for EUR/USD.sb? If my charts are all cocked up I need to know. If they are the same as every other trader sat in the UK ...

james16 Chart Thread

Jarroo - not the platform, the time zone. A 4H candle on GMT+1 will not look the same at a 4H candle on GMT+3. It will only look the same as GMT-3, GMT+5 etc. The daily BEOB candle did not look the same for London time and New York time. This is ...

james16 Chart Thread

Evidence for which is the best time zone on your platform — Really?? Niall Fuller in Australia uses New York time. He makes a special comment on this. But I think what he is saying is if you are following me then we should be looking at the ...

james16 Chart Thread

I think you will see my drift from my GMT +1 chart. Ignoring the Sunday bar, which GFT do have, this is not a BEOB. The majority of trading comes out of the London session and out of London. What is happening in London shapes the market. London time ...

james16 Chart Thread

Jarroo - on my chart there is a Monday bearish outside bar. It is a BEOB because it is bearish and it entirely envelopes the previous bar but this is a Sunday bar which is a miniature effort. It does not envelope the Friday bar on my chart. This is ...

james16 Chart Thread

This is not picking on people and I have not been at this game long but I am seeing bars called pin bars when they are not. A true pin bar has its body inside the left nose. Quite often bars have been called pin bars when this is not the case. A ...

james16 Chart Thread

Well I can go either way on any stock, pair, currency or commodity. I have no affinity to bull or bear. Yesterday there was a good sized pull back after a good rise on Friday. Was that unexpected? - No. Gold is running up the trendline - it goes up ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

It would be interesting to see the body of the fully formed monthly pin bar end up sitting above the 1,25 BRN. That would be a decent sized pb. The EUR has been in decline for a long time - I don't see a fundamental reason for a change but a bottom ...

james16 Chart Thread

Were you saying the AUD/USD was an example of an outside bar? There isn't complete overlap - but there are inside bars if that is what you mean. The MASSIVE bearish bar could hold a few month's worth of bars!! There is an inside bar even if you ...

james16 Chart Thread

Fxdrive Some of the candles you have picked out are not pin bars. The preceding bar is the left eye. The pin bar body must be contained entirely within the left eye. As you will see not all the candles have their entire body within the left eye. The ...

james16 Chart Thread