I think you would need to watch out for potential resistance at .7150. I've been watching NU in what appears to me a bull flag formation. First chart is weekly. Second chart monthly shows 2 bar highs near 7150. Maybe a retrace entry of the pin to ...

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True, In the bar I demo'd, the high was lower than the previous bar (actually barely inside it) The IPB should have been "higher" than the previous bar.Try try the info grom ghoushere (hope the link works). He has some great examples. url

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My very basic understanding is that entry is at the close on IPBs, which gives a tight stop loss. Also, most of the IPBs that I've seen traded (by others on this site), call for a pretty quick profit area at the low of the bar.

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Jarroo and Ghous, thanks for the feedback. I actually did not check the divergence, I was going just off of the minor round number and the high. Felt like 1.6200 was very strong resistance. I will take note that this is an IPB shaped IB for future ...

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I demo traded a small, bearish daily IPB last night off of the 1.6200 . Sold at 1.6175 with a s/l at 1.6210. Set a T/P of 1.6105. This was only the second IPB, I've demo'd and it worked out. For those of you who play these regularly was this a valid ...

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Absolutely awesome! Are you taking your profits at FTAs?

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Not that one, but I would certainly like to see similar PA at BRN 1.3500 on EURO. It may take a few weeks, but that weekly PPZ looks like a good spot to get short. There's also fib confluence from the 7/13/08 high at 1.3500 too.

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Any thoughts on EURAUD 4HBEOB.... Looks like good location, with a little traffic to the left. The larger rectangle around 1.4700- 1.4750 or so is a ppz I drew off of daily.

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Looking to short GBPCAD next week.... — Here's what I see..weekly shows a very strong downtrend and a triple top near the minor flip zone of 1.6200. There is also a nice little zone near 1.6400 as well. Dropping down to daily, I see a nice run ...

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I haven't played IPBs much, but have been watching them...and also this pair. Good move to B/E....I would be worried about the ppz at RN 8800, and the 150 ema.

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Will you play a retrace of the pin to the 135 to lessen the s/l? A lot of traffic beneath to bounce price. I considered this bar and thought you have to take profit or get to b/e really quickly. Playing the bar break makes for a very low r:r. The ...

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GBPCAD — Anybody considering the GBPCAD daily pin? Pros: PPZ at BRN 1.5500 50/62 fib Confluence at BRN Bullish (green) Pin with a close above the BRN Cons: Not a lot of space Bar is not small, but doesn't stand out tremendously Against the ...

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Anybody watching GBPAUD...seems to be at a nice level with confluence: Daily ppz around RN 1.7300 61.8 fib hidden (i believe) bullish divergence on 4hr Macd 365 coming up for support A nice BUOB or pinbar after a little bit of consolidation on the ...

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For the IxB players...Is this a I53B around a BRN on the dragon? I don't normally look for these, but this one sort of jumped out. I may have mismeasured or counted so take the chart with a grain of salt.... Looks like a shortwith some traffic to ...

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USDCHF — I've been watching this pair consolidate for a while and it's finally broken down pretty hard. Looks like the 1.1000 zone has a couple of prime locations for some PA. We have fib confluence from 2 previous swing lows in 2 areas. First ...

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No worries Jarroo and thanks for the response.. A little more detail in my thought process. I actually have the 82.00 marked to the left. The DBLHC could definitely have a stronger close above 82.00. I pulled my fib a little differently. I used the ...

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CHFJPY — Any thoughts on the CHFJPY DBLHC, We seem to have a new PPZ just above the BRN 80. Sell the Break, stop below the BRN (a little large but much safer initial stop)? Move stop twice around trouble areas at 83 and 84, take profit at 85?

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Daily GBPCHF — Short (demo) on this daily pin at 1.693 with a stop loss at 1.712, first take profit at 1.683.

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EURCHF weekly... — Any thoughts on this Triple Bar Low Higher Close? 3 consecutive lows within 2 pips of each other at a major swing low. This weeks bar engulfs 9 (counting 2 previous weeks) bars. Pretty strong test of BRN 1.4500 although it ...

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Don't think this one's been posted yet.... — any thoughts on the USDCHF Weekly Pin bar to get into the downward trend? Low of week below BRN 1.7000, although PB did not close below. Trendline tested last 2 weeks. Wednesday's Pinbar on daily ...

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