NZDUSD 4H — Also just noticed 3 consecutive highs at 6894 then a 6891. Any significane?

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Watching, waiting, watching, waiting.....

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Helps a lot and thanks. Do you have any posts where I can study some A++ setups? If its easy let me know or I will have a hunt. Thanks again.

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My understanding is the market the charts you use are based on. I.e. mine are based on EST, Or New York time. When I queried this on this forum I we advised to "trade what you see". I use a free chart 'package' and a different broker to place ...

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Someone say round number - USDCAD — PB on retrace after the move up, right on 1.1000. With trend, confluence with 2 fibs (last 2 moves up), I am trying to find a reason NOT to take this trade. Maybe moving into a PPZ? Thoughts anyone?

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USD CHF 4H PB — Decent PB just closed on the 4H, rejected a major level but headed into a little chop and against thmid term trend. Monitoring. Any comments fire away.

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Thanks, as always, Mike. Getting better with the waiting game but nowhere near enough. I thought this might have been a C trade & would manage accordingly but, again, you have put things in perspective. Thanksfor the prompt input.

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AUD NZD — Hi all - I am short on this pair (despite a horror spread from my broker) because; 2 decent PB's At resistance On daily at fib 50 retrace of last move down. It has stalled its steep rise over the last couple of hours (2nd 4H PB just ...

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USDCAD long? — I am looking at taking this long because; PB which indicates a rejection of PPZ With short term trend Overlapping fib levels Retrace of last move up Comments?

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My 2 dirhams worth; waiting on this one because it may reject the PPZ it is trying to battle through. I.e. I am looking for either a strong move to close under the ppz, retrace to the PPZ & PA to confirm it has been rejected and moving down, OR PA ...

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Watching this one, might retrace & bounce back up off former resitance, now support zone; around that level as I write.

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Thanks Mike, I'm here to learn. BTW I will probably sign up the J16 website, had my 1st look around on the weekend & learnt some more just from guest sections. Someone on here earlier said there are numerous videos & content for members so I best ...

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Maybe I am trying to "talk myself into the trade" but if you look at around 7th July there is clear resistance at this level.

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ghous - this is what I get on mine; any thoughts? Point taken re the levels

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Interesting as I get a different candle - perhaps because I am on NYC close? I will post.

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audcad — Nasir - maybe this pair, the 4H is just about to close. I will have a look at it & check for confluence etc.

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EUR USD Short? — Short on this pair after daily IB t resistance. Interesting that the last 5-6 IB's on the daily have led to reversals. Not saying this one will but for now its on the right direction. If it breaks 1.43 potentail for 1.42 Any ...

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Thanks for the prompt reply. How much weight do you put on the divergence (I do not use this, maybe I should?). I think the divergence I refer to is the opposing slope on the MACD (am I confusing myself here!!!)

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AUDUSD Short? — Hey all - I am short this pair Reasons: PB on daily Outside bar on 4H From a PPZ / resistance area From a higher swing point It is against the trend though. Any comments much appreciated.

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Moved up a little. Daily suggests a move up? Not big PB's but lends weight to the argument. Waiting. Question: At what stage would you consider it as having broken current resistance? E.g at the close of a 1Hr candle etc or do you wait for ...

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