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g_j_hook@yah replied Jan 21, 2011heres one for Jarroo.
a daily IB sat on the broken resistance come support. nice location for a continuation setup.Whichever way it went i felt we would get a pretty strong move.Obvious FTA at the 136.00 level. closed 2/3rd and have left ...james16 Chart Thread
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g_j_hook@yah replied Jan 21, 2011Hi Belekas, nice setup
a Ryan classic.I dont know of anyone trading his method on here, and not many of us drop to such a small TF. Good luck with it though. jon p.s. nice idea to twitter. i will be keeping my eye on that.
james16 Chart Thread
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g_j_hook@yah replied Jan 21, 2011its funny to see the eu/yen 4h BUOB work out much stronger!? i thought that one looked much weaker!(on fxpro)( it looked better on alpari though) i think it got momentum from that obvious breakout at 111.00?? what do you think Jarroo? jon
james16 Chart Thread
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g_j_hook@yah replied Jan 21, 2011hi ts, that trend line is valid and the reaction from price around it confirms it.
i personally am a bit doubtful of the H+S though. again not an expert but i dont like where it formed in the trend. i would like to see it form at the swing ...james16 Chart Thread
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g_j_hook@yah replied Jan 21, 2011it does indeed!!
i noticed that 131.55 area also and tried to enter as it broke. (131.60)i didnt want to leave any later as i had my eye on 132.00 as my FTA and was trying to give myself some space to do something if it got there.worked out well ...james16 Chart Thread
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g_j_hook@yah replied Jan 20, 2011i think this is a classic Jarroo style "price closes above(134.00)".. and so we can expect the area to become resistance. i personally would like to see some bullish bars at that level (134.00)on a retrace..?? jus my view jon
james16 Chart Thread
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g_j_hook@yah replied Jan 20, 2011
u do crack me up bro!!
i agree though. i dont like the FTA below as it a pretty strong looking zone at first glance.james16 Chart Thread
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g_j_hook@yah replied Jan 20, 2011it makes perfect sense.. thats a nice pinbar in the world of fx BiGGER IS BETTER!!! (dont tell my women) the more "space" a bar "tests" the better chance of us guessing the right direction.that also includes (to me) the lows(bullish trigger bar) as ...
james16 Chart Thread
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g_j_hook@yah replied Jan 20, 2011not sure i agree Adi, i personally think the BEOBs/BUOBs need to have a strong shape and close also. Just as important as a pins shape/size. just my view. jon
james16 Chart Thread
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g_j_hook@yah replied Jan 20, 2011first stop/pause your .9960 level ...to the pip! lol thanx again. taken appropriate action. jon
james16 Chart Thread
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g_j_hook@yah replied Jan 20, 2011hi Optimuss, it is usually a reversal sign. i personally am not convinced that in this case it is legit though, although i could be wrong. not an expert on this. Although i also see plenty of signs of a reversal/retrace jon p.s. you could google it ...
james16 Chart Thread
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g_j_hook@yah replied Jan 20, 2011Great post Ghous!! That line should be on post one!! jon
james16 Chart Thread
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g_j_hook@yah replied Jan 20, 2011hi Osman, thanx for pointing out the .9960 level i had over looked that in my haste.
my biggest worry is also the time of day, i have normally finished for the day by now. but i love the location...lets face it it doesnt get much better. i ...james16 Chart Thread
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g_j_hook@yah replied Jan 20, 2011very nice Mike, i was stopped out on my last trade from the daily.(only just) i have reentered on the break of the weekly BEOB and the IB. hope its got the legs of a centipede!! lol can i ask when did you move your stop?? cheers lol
james16 Chart Thread
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g_j_hook@yah replied Jan 20, 2011yeah thats a nice looking setup. i didnt get it on either alpari or fxpro and i missed the daily bar as fxpro closes 2h earlier than alpari(which i was using at the time.) shame. jon
james16 Chart Thread
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g_j_hook@yah replied Jan 20, 2011thanx. would you consider these setups running into RNs??
james16 Chart Thread
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g_j_hook@yah replied Jan 20, 2011This is one i do like. nice bar off a RN with divergence and with the trend i just wish it came off the 130 level. A better level to trade from and it would have been a better retrace. jon
james16 Chart Thread