J16 likes pit bull pin bars...jarroo likes grizzly bearish outside bars....when the grizzlies come out the bulls run for cover.

james16 Chart Thread

Awesome trade!! If gold gives a retest and rejection of the 1350.00 with a nice PA bar would you consider getting back in as a continuation?

james16 Chart Thread

Hi Jarroo. Thought I would give your weekly exercise a shot on EURO. Recognizing that we are talking zones and they can be pretty wide, I chose the 1.3800 level as key area of interest. At this point it looks like we have a zone to watch for bearish ...

james16 Chart Thread

Definitely looks to have some downward momentum. A close below the flip area around .9460 would have been nice.

james16 Chart Thread

Definitely watching since I'm long Thursday's BUOB as a continuation. Initial stop reduced by about 40% and is currently sitting at 1.2880 below the ppz near 1.2900. I'm watch the 1.2950 area and will likely close trade as loss if daily closes below ...

james16 Chart Thread

Tightened stop last night and put in take profit. TP was hit before today's reversal for a little over .5R return...2% risk on my tiny live account - a little over 1% Return on first trade of year.

james16 Chart Thread

When I first started studying charts last year, I would be up all night. I had just fallen asleep about 3am, and our 14 month old started crying. My wife told me "it's your turn". I responded to her "I'll trade him". Meant to say "I'll CHANGE him" - ...

james16 Chart Thread

Hi Adi. Generally speaking, I stay on the time frame where I find the set up. I am trying to keep things as simple as possible. When I look at the weekly for a daily set up, I am really only looking at the bar highs and lows. Just as I don't want to ...

james16 Chart Thread

Thanks jarroo...I didn't mention, but I did check the weekly...the BEOB closed below last weeks high of 9761 - which is the previous resistance you mentioned. Wonder who I learned to watch for PA in that area from . Price may do something ...

james16 Chart Thread

Just put an order in on the daily CADCHF.... Reason for entry: 9800 ppz looks to be strong resistance 150 EMA in confluence with 9800 Third touch of trend line I like the bar shape and close What's not to like: Bar could be bigger Would prefer it ...

james16 Chart Thread

Here's may take. Take a look at your order line, and the large bearish bar preceding the pin. I see the order line as a recent s/r flip. the bearish bar (with momentum) closed below, which we would now expect to act as resistance. A weak pin ...

james16 Chart Thread

I just got through year1 of a 3 yr BT on 4x tester. I'm testing 2 entries (break and retrace) of PBs and Outside Bars, with 3 exits....1) Full profit FTA, 2) 1-bar trailing stop, and 3) 2 bar trailing stop. I should work up some pretty good stats. I ...

james16 Chart Thread

AUDCAD.... — Watching this pair with interest. I see a definite trading range between 1.0200 and 0.9800 with the biggest of RN dead in the middle (looks almost like a control chart with well defined UCL and LCL for any statistics geeks out ...

james16 Chart Thread

Yep. I "almost" took that one, but asked myself if this was the only trade you get would you take it?" and decided to pass. The good thing is that we're at 83 now, which I see as an important level and nice spot to watch for PA.

james16 Chart Thread

Tried to answer on a couple of charts....wkly chart shows that last weeks close the 1.3000 was maintaining strong support. This week we had daily closes (daily chart) below the previous support and we would expect the level to act as resistance. ...

james16 Chart Thread

I'm waiting on the .7700 - .7750 area for a short. I like the consolidation on the 4H chart, RN, and double fib confluence. Not to mention the current run up is creating a lot of space, and there are some nice obvious areas for management if we can ...

james16 Chart Thread

I've been watching the daily form on this one, EU, GU, and GC today. Since these pairs tend to move similarly it may be a matter of choosing a favorite setup (or 2). I like the daily BEOB on GU if it can close below 5350.

james16 Chart Thread

For me Adi, it's about not trying to reinvent the wheel. J16 says it works, and shows it unfold in some recent charts. Ghous and other seniors use the 150 and 365 as well. I think it's a matter of combining them with other basic J16 tools and ...

james16 Chart Thread

Not really criticism but a couple of thoughts. I'm a newbie, so take with a grain of salt....First I like your exit from the long position. The pair, since the very swing high seems to be making lower highs and lower lows over all. Add to that with ...

james16 Chart Thread