AUD and NZD/USD — Bearing in mind that AUD and NZD are Oceanic twins and tend to run together, the shape of the charts are very similar. It is easy enough to confuse the two. This is the weekly on AUD/USD. Notice the trend line where price ...

james16 Chart Thread

USD/CHF — Yes this pin bar is trading into 1.15. Running some fibs off previous swings. The previous swing high retrace to the 50% pretty exactly. Plotting a fib off this swing low show price stuttered at the 100% retracement and faltered ...

james16 Chart Thread

FTSE 100 pinbar — Looking around there are quite a few pin bars on offer. This is one from the UK stock market, the FTSE 100. Bullish pin bar at the end of bearish trend from around 5800. The wick is long at 100 points. Body bang on 5000 and ...

james16 Chart Thread

AUD and NZD got thrashed last week. I would have thought some further retracement was on the cards. So this would be an inverted pin bar and a continuation of the bearish retracement.

james16 Chart Thread

A chief pinbar — It is interesting you mention the USD/CHF pair. Last night in Mike's webinar he mentioned that a lot of pairs were over extended and were due for retracement at some point. Dollar Chief was one that came up but that there was ...

james16 Chart Thread

JP Morgan BUOB — Nice BUOB - however where does it close? - on 4000.1 let's not forget the 0.1 Big big round number I think is one to watch and then move.

james16 Chart Thread

I have read so many times where people say spread betting is taxable. I think people think it ought to be if it is your income. That you cannot possibly avoid paying tax by spread betting on the same instruments, with the same broker on virtually ...

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J16 Private site — Just joined the private James16 website. Oh man! Speechless. The best. Period, paragraph.

james16 Chart Thread

This perhaps one reason to be a UK resident. You can spread bet currencies, commodities, indices, stock prices, bonds, interest rates, inflation and probably more. Britain is very better friendly. And the big bonus is it is all tax free - every ...

james16 Chart Thread

I assume GJ is GBP/JPY That being the case, price was at this level in Feb 2009. There is support at this level around 127. The lower wick from today touches that support line and price retraced from it. If that were broken there is support at 125 ...

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AUD/USD pair on the trendline — OK zoomed out some more

james16 Chart Thread

1H PB on EUR/GBP — UK retail sales just came out and are better than expected. Price has stalled on the 5M chart at the 78.6% fib from the high at 07.00 GMT. I took a few pips and then closed out. There are lots of spinning tops and doji on ...

james16 Chart Thread

Comment on the previous post H1 EUR/GBP chart I have just this minute been looking at Mike's video on the basics of pb's. This looks like a breakout. Price is in a zone between .85 and .86 It breaks out of this and then retraces. The .86 which was ...

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Screen shots in Dealbook — As far as I am aware there is no function in Dealbook for screen shots. However you can get a screen shot if you want one. 1) Whatever Windows system you have there is a key on the top row right of F12 and scroll ...

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A star PB — The beauty of that PB is it stands out - It stands out across the room in a snow storm with the lights out - the kids in nursery will see it. Every trader would knows anything about PB's or long wick patterns or what have you, will ...

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Master Candles — I notice that an IB on the USA/CAD chart was highlighted. Tonight on forex4noobs.com I discussed J16 and the IB. One of the methods used on forex4noobs is the master candle set up with at least 4 inside bars on the H1 chart. ...

james16 Chart Thread

Drawing fibs — Tell me if I am wrong I only learnt this last week! My price might vary slightly broker to broker variation.

james16 Chart Thread

Nah these chaps usually go from one swing high to the next swing low. Not always but usually they do. In this case times are GMT +1 For the fib where I say they came off the 38% the low is the 16:00 - 130.31 and the high is the 22.00 candle high of ...

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Its turning - ???saved by the bell. On my chart it went green 4 pips off the 38.2 - its safe now they have visited their fib level and it is lift off time.

james16 Chart Thread

GBP/JPY — This is it on my Dealbook chart It could go for the 38.2 which coincide with what I presume is a support line I've put in.

james16 Chart Thread