CAD/JPY — I just took a look at the Daily CAD/JPY pin bar. If you look at the performance of the bar on 13th May, it would be great to pick up such a runner. It looks like the current pb is running into trouble. I went down to the 1H chart to ...

james16 Chart Thread

Yes - a sell and buy order either side of price! With silver for example I can see 1000's no 10 000's of pips there for the taking. Price is managed. Price goes up, then across and then down, but only the people at JPM know when. Now there are ...

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

Yes - a sell and buy order either side of price! With silver for example I can see 1000's no 10 000's of pips there for the taking. Price is managed. Price goes up, then across and then down, but only the people at JPM know when. Now there are ...

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

Silver has formed a bearish pin bar doji on the daily chart. The wick of this has come off 18.50 I don't think it counts for much. Price opened and closed a few pips apart - yeah right. The upper wick is 300 pips long. What makes you think that was ...

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

There are a couple more hours for a GMT close. Price will need to retreat another 40+ pips in order to make the daily candle a true pin bar. It would be behind the 0.6900 at that stage. There bar highs at 0.6850 which would be its first hurdle.

james16 Chart Thread

I'm in some other trades and don't like to run too many at the same time or I lose focus. This daily candle (GMT +1) could well turn bullish. This would potentially form the second brick in my upward column of my arch.

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

I see pin bars on all the time frames - I am not saying there is one this second. What I am saying is, having looked at this pair there are a lot of pin bars. A lot of pin bars that have worked. I took a pin bar on this pair last week on the 4H ...

james16 Chart Thread

Nice move!

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

Price went to the trend line I drew and the 1220 level - That is a round number. Price is bouncing up the trend line, getting support before moving ahead again. There is the 150 ema underneath as a safety net. Price may find itself in an ascending ...

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

Speaking of missed trades, GBP/JPY is stuffed full of pin bars. This thread moves so fast I don't get to read all the posts but GBP/JPY is one that I have not seen mentioned much. I do follow it as it is a favourite with another website I belong - ...

james16 Chart Thread

Say no more. Canada needs a high oil price to make the oil sands economic. Once the high cost of extraction is covered, profits go up massively. It makes me think about the shoe shop. The shop needs to sell 100 shoes a week to cover costs. It sells ...

james16 Chart Thread

I'm looking at this pair and I'm short. With a fair wind 1.02 looks very likely and for the reasons you have given. Looking at the weekly chart price peaked out at 1.3062 in March 2009 and has been drifting down since. The up move I feel comes from ...

james16 Chart Thread

There is a tiny bearish 4H pin bar on gold with the following two bars bearish. There are lots of pin bars scattered over silver and gold. They don't always work but they do more often than not. I presume people know pin bars. Examples would be on ...

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

Cotton — I am looking at various commodity futures. I have a spread betting platform and these are included. cotton showed itself. There is a nice bearish pin bar. The first level of resistance would be 80.0. TP1 would be there. With a bit of ...

james16 Chart Thread

Cheers ghous!

james16 Chart Thread

supremeChaos - many thanks for that. I wanted the definitive description and then backtest them.

james16 Chart Thread

Ghous ipb — Ghous put a link to his piece on ipb's I skim read it but wanted to do a proper read. Now I can't find it now. Does anyone have the link please?

james16 Chart Thread

I starting feeling unsafe with this down trend. The down trend with AUD, NZD, CAD and USD have been long trends. This was a gut feeling, independent of the monthly chart. The support level price has reached with EUR/CAD may hold or not. I would ...

james16 Chart Thread

I have been looking at silver price dynamics. I noticed price moves by forming arches, I've seen this with quite a number of charts. The silver D1 and H4 charts are so obviously arched. I have seen this on quite a number of charts on small time ...

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

I closed my short out on EUR/CAD on Friday. I just started to get a bad feeling about it. I closed to watch. There is one hell of a down trend but trends must end some time, I started to feel the time was coming. The euro has had a long down trend ...

james16 Chart Thread