Just find the flip zones and wait for the right bar to show you the way. Don't make it complicated. image image Not a PA bar that I'd take, but it was in the right place and worked. image

james16 Chart Thread

GBPAUD 4hr image

james16 Chart Thread

The size of it would certainly bother me, and the support just above above it before the OB. image

james16 Chart Thread

EU 1hr image

james16 Chart Thread

Yes look at post #136,038, price breaks through an S&R area comes back down to it and on the 30 min chart gives a great pin bar. If you're looking for a holy grail, a good S&R flip area is as good as your going to get, it's the best 'indicator' ...

james16 Chart Thread

You marked the S&R area under the pins, there's also one where both the pins stopped, at each arrow it affected price multiple times. Although you placed your order above the pins, you'd really want to see a retrace back down to the S&R area before ...

james16 Chart Thread

image

james16 Chart Thread

You don't need the MACD to see the divergence, a few S&R areas and a trendline on the chart will help you decide whether to take a trade and plan your trade management, the trouble areas will already be there for you. image Can also give you great ...

james16 Chart Thread

Much preferred the 1hr pinbar. image

james16 Chart Thread

This just made me think of Jim, his voice still replays in my head when I'm taking trades. There's even a textbook retrace on this one. image

james16 Chart Thread

UCAD 1hr BEOB had a lot going for it, but with that trouble just below it you have to say no and sit on your hands. image

james16 Chart Thread

Personally I wouldn't want to be selling AU, the weekly chart shows an S&R flip area approaching, also the daily shows the downtrend stalling (can also be seen as divergence on Daily and Weekly). As usual it's the price action we have to wait for. ...

james16 Chart Thread

image

james16 Chart Thread

UCAD 1HR, reaches 1.30, S&R area (check weekly), divergence, but no PA, sit on your hands and wait. image

james16 Chart Thread

Price finds support at the next S & R area and offers a rubbishy pinbar. image

james16 Chart Thread

Hit the cleanup button

james16 Chart Thread

AUD bounces between the original trouble areas and finds another S & R area, which will it go to next? image

james16 Chart Thread

AUD hits second trouble area, which acts as resistance, will the area below support it? image

james16 Chart Thread

Not an outside bar on my feed. Also a bit of trouble above it. image

james16 Chart Thread

If you're in the AUD trade, trouble areas ahoy. If you're not at BE or taken at least some profit by now it's time to rethink your trade management plans. image

james16 Chart Thread