Ehem.......Thank you Jarroo for that very gentle Cattle Prod! Yes, I missed the 142 PPZ.

james16 Chart Thread

GBP/JPY Reasonable PB off the 38.2 & of the 365 EMA with daily TL as confluence. Too close to the 141 area for me to jump in with 9 pips spread.

james16 Chart Thread

Ghous. May I ask, if you find the 6 RSI better than the 12, 26 9 MACD and in what manner is it better or suits you more? Thanks in advance

james16 Chart Thread

Thanks to all for the help with the PPZ. I am seeing how, if drawn correctly they are like a beacon in the dark. Especially the Weekly as everyone pointed out. Would have been a nice trade with the SL just behind the 1.6500 and the 38.2 fibo. ...

james16 Chart Thread

Neutro This is my FXDD live account feed. Purple EMA is 365 close Orange 150 Close. Maybe you meant the 150 EMA not the 365?

james16 Chart Thread

Yeah, I know the feeling. Ok people, this is the weekly again, but this time from right to left, in a mirror while balancing a bottle of Bordeaux on my head. Looking at H4 there already seems to be more PA standing out near these areas.

james16 Chart Thread

Would a mirror help? EH, Did someone say, "Right to left".......My calligraphy lessons were like that.

james16 Chart Thread

Thanks SC. Yes, I was sort of flipping back and fourth between line chart and candles to get a clearer picture. Maybe..... Moved down to the Daily, although there are as of yet still no daily PPZ on this chart!!! Just as well because, I ...

james16 Chart Thread

Thanks Nasir & Supreme Chaos. Did you people also go through the Bird Cage stage. Ok, here is the weekly after the mental reboot. Actually, it was more of zooming out. Comments welcome folks. I will check out that link SC posted in the meantime.

james16 Chart Thread

Well, ehh...I think I will have to clear the weekly chart and reboot my mind. I will be back.

james16 Chart Thread

I think you were right Neutro, I am drawing too many. I just dropped down to the weekly and it looks pretty much full! Should I skip the weekly and go directly to the Daily?

james16 Chart Thread

GBP/JPY Monthly I noticed in the description of drawing PPZ in the link, that this person is only drawing them on the Daily. I was under the impression we needed to draw them over several TF. I will wait till someone comments before I move down to ...

james16 Chart Thread

Yes, I thought that was the problem. Maybe if Jarro or anyone stipulates a specific pair and say 1000 pips above and below price, I will draw the PPZ and post each TF as it is completed with reasons as to why I choose those areas. The we can work ...

james16 Chart Thread

Greatly appreciated Jaroo? Yes, I placed the RED PPZ on the Weekly as in pic 1. Then I moved down to the daily as in pic 2 but, the weekly PPZ seemed to be just right for the daily and it appeared it did not warrant any extra. Then, I moved down to ...

james16 Chart Thread

Jaroo. Do you mind if I ask a question about your PPZ? If I were placing them, I would really have to battle with myself to NOT place an extra one where I drew the red arrows where price met resistance or found support. Is there a reason for leaving ...

james16 Chart Thread

Would some kind soul please have a quick look at my PPZ on GBP/USD H4 and suggest any changes or point out any errors. Placing these has been a major mental block for me. I either end up with a crossword puzzle or have large gaps. I think possibly a ...

james16 Chart Thread

Thanks Mike, I thought someone would say exactly that. I was asking not out of laziness to draw them but as to prevent the curve fitting syndrome. As you say, I imagine that even if something reasonable exists, it is no substitute for the impartial ...

james16 Chart Thread

Yes, Yes, Yes!!!! very good point. I usually just find a couple of PPZ on the weekly near price and then go down to the lower TF to find more possibly PPZ. But as you say, subliminal curve fitting can creep in. Perhaps, it is best to find PPZ all ...

james16 Chart Thread

Thanks for your input. As you say, it is currently rather small to the bars around it. it is easy for me to get caught up in one aspect of analysis, such as the position of the bar and then forget to consider the size. In this case the 61.8 fibo ...

james16 Chart Thread

Just looking at UJ for a possible setup maybe tomorrow.

james16 Chart Thread