Hi, This is also one option. I think this does about the same as luctum, but I am not sure because I don't use either. Tipster Trendlines EA

james16 Chart Thread

Just looked at Oil chart from FxPro and realized that I had drawn a FTA to a wrong place. Sorry for that and attached is a chart how I look at this one. And especially the bar that Ghous pointed out. This bar is very good e.g. of the importance of ...

james16 Chart Thread

Hi, Just wanted to add one FTA to the oil chart. The one that Ghous pointed out was more important FTA, but I could add one area there to watch PA, for mgmt purposes. And I used G's chart to play with one screenshot sw... R

james16 Chart Thread

Yes waiting for the retrace to 1.51 to 1.504 zone. If there is nice PA, then might be more interested. It has not actually broken the old support from year 2011, but now it has good chance of going higher.... or then the S will hold.

james16 Chart Thread

Yes it is possible. I have seen some indicators in FF, but you should not use those, just like ghous and chanya said. PA is not about bars, its about the whole situation, e.g. location, S&R ( horizontal and diagonal), space vs traffic and also the ...

james16 Chart Thread

You can find easily 20 people here who are still BE or worse, but if they actually some day understand PA and MM then they will leave that phase for good. That will take some time (anything from months to years), but believe me it is worth it. On ...

james16 Chart Thread

Hi Dany, I'm still a newbie in trading, but even I understand that there is no average answer to what you were asking. Results are different by trader, because every trader is different. Bear in mind this is just a method and not a system. And in ...

james16 Chart Thread

It might still be good. But I would not expect it to go much past 1.29 area, but that's just my idea. The reason's Mike gave make the BUOB not so convincing and the retrace of that BUOB is normal behavior.

james16 Chart Thread

Great trade bud.

james16 Chart Thread

Thanks for your feedback and that you share your experience. I think that trade management has much emotional and psychological aspect and from that perspective that has to meet personal needs/requirements. I don't know yet how I will manage trades ...

Price Action and Trading Discussion

Hi Bud I was a bit unclear. The latest comment of mine was not to you, but more to minimize the note that I made earlier. So although CADCHF might do the same thing as EURCAD, it is always best to do what chart tell us- which is just what you have ...

james16 Chart Thread

Just to note that something is not quite right or someone is lagging. EUR is in fixed relation to CHF, so CADCHF and EURCAD should act pretty synchronized way - but just the opposite. So when EURCAD has broken the box down, the question is when ...

james16 Chart Thread

Thanks. Trade management is definitely the hardest part. It is nice to catch a runner, but trading inside consolidation is much easier at least in terms of trade management. This was also in long term consolidation trade, but I thought that I would ...

Price Action and Trading Discussion

I'm also in with this one. I took this one from ~1.32, and have been waiting for retrace, but there has been almost only downward movement. The big weekend gap narrowing was the best attempt to get real retrace. Whats your thought's on this one. Do ...

Price Action and Trading Discussion

I took that pin, but sure the previous resistance was so strong that touch just above it would have been fine too.

Price is everything

Totally agree. There is no substitute for chart watching.

james16 Chart Thread

I admit it is easier to show examples from the past, but you are right, trader must make the decisions on live. I did not find any good daily setups for this so this is one that I would not place a pending trade and wait for it to trigger. At least ...

james16 Chart Thread

I have nothing to add to Mike's answer, but excample of one setup where would been good to wait for few days.

james16 Chart Thread

AUDJPY Oval run — Perfect touches.

james16 Chart Thread

I meant that after the monthly consolidation price went first down and turned back. I thought that the chart that I attached pretty much explained it but let me try again. And this is related to the reply that Jim wrote. We don't need many lines in ...

james16 Chart Thread