[quote=DutchTrader;2181829]Looks like that's a major PPZ as well on the USD/CHF chart. If you look at daily there's not much resistance until 1.11, that might be good place to look for reversal.

james16 Chart Thread

First post on this thread I think I understand this system, seems nice and simple. Right now I'm looking to short NZD/USD around 0.7158 area. Anyone else like this one?

No Brainer Trades

I think this is called "2 matching lows" or something like that, and when the low gets breached you can go short (could be wrong though). This is the only pair where I'm looking to short USD. I don't know why it's behaving differently from other ...

james16 Chart Thread

Thanks for the responses guys I don't mind the criticism. Guess I misunderstood PPZ a bit, yeah I guess that's a RES zone. I see there's support on NZD, that's why I hope to get in on a retrace of BEOB so I can get out around 0.69 if things don't ...

james16 Chart Thread

Another setup for next week. Two day pin bar (as far as I know) for EUR/USD at weekly PPZ. Would the correct move be to put sell stop 10 pips or so below the first bar's low (bullish one)? I'm assuming this is correct but I don't know too much about ...

james16 Chart Thread

Here's one trade I'm planning for the coming week. NZD/USD finished as another pin this week (bearish this time), so I'm going to close my long at about break even and look to short. This pin is in line with current downtrend. To get a better price ...

james16 Chart Thread

EUR/CAD update. Wasn't a perfect bearish overbar but location was very good. I took profit on 1/2 in case we bounce here (I don't have time to watch chart!), rest set to BE and profit target at 1.54.

james16 Chart Thread

From what I know, the bar just has to close below the open and close of the previous day, not the low of the previous day. Here's the attachment I found in this thread, someone please correct me if I'm wrong.

james16 Chart Thread

Speaking of outside bars, here's a bearish one for EUR/CAD at good PPZ. The bar isn't as bearish as I'd like but the location seems good. Could drop all the way to 1.53-1.54 level. Any opinions on this one?

james16 Chart Thread

These pins failed because of recent dollar strength. There was a good pin on usd/jpy with trend that was much better than these others. If a pair has dropped 10% or more in just a couple weeks (like AUS, EUR, etc.) you should probably look for more ...

james16 Chart Thread

These trades (e/u, g/u, etc.) are all against recent trend. Why go long GBP when it's at lowest point in 2 years? I think the point with all these trades is to base the trend on the timeframe you are looking to trade. YES the monthly trend is up for ...

james16 Chart Thread

Long term trend might be up but losing 10-15% in just a couple of weeks isn't exactly a bullish sign to me. Could be it's due for a bounce though.

james16 Chart Thread

I see a lot of people talking about good pins but most (AU, etc.) are in a down trends right now. Here's (USD/JPY) one with the current trend at big ppz. Sorry if it's been posted already I didn't look too far back.

james16 Chart Thread

Weekly BEOVB on the Aus/Jpy right at previous swing high. I'll be happy if it can get down to 90 again. Lots of weekly PA on other yen pairs as well.

james16 Chart Thread

Today there is a daily pin on GBP/USD at the high from 1/30. There's also a BEOVB on GBP/JPY at the top of the triangle it's in. Looks like the pound is heading down.

james16 Chart Thread

You can start with $1000 if you want. You basically just want to see how much of a % you can make (or not lose hehe). If you do well with $1000 maybe after a few months add more. I'm just using $1000 right now and will add more when I can get up to ...

Cable Update (GBPUSD)

Ok i'm thinking if 1.9826 gets broken GBP is in for a fall. That would be a 1-2-3 top reversal on the 1 hour charts. This is also a bounce off resistance of the Jan 30 high. Target would be around 1.96.

Cable Update (GBPUSD)

Be careful if it hits 1.50 it's probably going to jump big time when all the stops and buy orders get hit. You might get slipped several pips as it could jump from 1.4999 all the way to 1.5110 or something like that.

EURUSD

Wow was I wrong last night thinking Cable was going to fall. At least it didn't come anywhere near my sell order.

Cable Update (GBPUSD)

This thing feels like it's getting ready to crash back to 1.94 again. If it breaks below the 1.9615 low that will be a 1-2-3 top reversal on the 4 hour charts, then I'm in short!

Cable Update (GBPUSD)