I get to browse at this thread time to time, and it is very interesting to me. I notice the USDJPY is at the 90.000 level (which seems to hold some historical significance). It has returned to this level in just this trading session. It has not ...

No Brainer Trades

Ghous,Who do you use as your broker to get some of these sort of odd pairs?I can see them through my broker of Oanda, but I don't like their charting very much.

james16 Chart Thread

WOW! That trade really has helped motivate me a little more, Raczekfx. I had sort of gotten frustrated with missing out on trades (though I know better than to take bad trades).

james16 Chart Thread

James, thank you for sharing more information in the guest area. The work you and Mike do is just amazing. As I have said before, trading has become my optimistic outlook on life. I have little else going for me, but with trading there is a ...

james16 Chart Thread

The Cable Pin on my daily looks too small compared to the bars around it, and there is traffic not too far below it. It might be worth a play of the break down to 1.4025 area or so, but the R:R would not be all that great. Also on my chart, the bar ...

james16 Chart Thread

Trades I am eye balling as we head into the weekend (see how they set-up on Sunday)... In order of how I like them... #1) USDCHF - Daily Pin bar, go short. Enter around 1.1475, Potential TP1 might be as low as 1.1300. #2) GBPUSD - Daily Pin bar, go ...

james16 Chart Thread

James, I am quoting the last chart you put up, the break out on the USDCHG chart. It appears that price was stuck between two fib levels for about a two week period on the daily chart you posted. Though I don't see a specific single bar PA example ...

james16 Chart Thread

Ghous, yes, I meant 1.1500, my bad, and good call on the weekly PPZ of 1.1600 (I had both drawn, but forgot 1.1600 was stronger on the weekly). Thank you for your help. Now another question. I put in long orders to expire at the end of today on the ...

james16 Chart Thread

Ghous, good eye. It appears that the bottom of the current daily bar (at least on my feed) is close to 1.5000. I have a PPZ drawn at 1.5000, and it appears to be a decent PPZ line (would love your feed back on this). If I was to take a break of the ...

james16 Chart Thread

Alright, putting in my daily trades on the following... GBPJPY when price reaches 127.10, SL at 118.90. TP1: 127.95. TP2: 128.70. TP3: 139.50 (TP2 and 3 will be traded with much less weight so I can get out with break even at TP1). EURJPY: when ...

james16 Chart Thread

I have heard that GB is in the process of nationalizing all their banks, and this is why the GBP has been so weak. Does anyone know if this is true? If so, going long, with P/A to support the decision on the EURGBP seems like a good move.

james16 Chart Thread

Jim, I agree with your words 100%. I just didn't expect the markets to tank again today, at least not so strong. I am prepared for country collapse or not. My family has farm land and hunts and has plenty of ammo. If worst comes to worst, I am ...

james16 Chart Thread

Just a question. Did any of you experienced guys expect the US equity markets to tank with Obama's inagauration, and the USD and especially the JPY to get stronger? I figured it would all be already figured into the market price. Maybe some last ...

james16 Chart Thread

Mike, thank you very much. The side ways traffic and the fact it was over all against the trend told me to risk very little. So I stand to lose little, but I stand to gain A LOT in knowledge. So overall, I am happy I took the trade. I had a PPZ ...

james16 Chart Thread

The weekly pin? My weekly pin high is 81.37, and this week's high is 82.01, so by my broker feed it brok by over 60 pips. So I was in nicely before it started to bottom out. Anyway, you cannot win them all, and looking back, I would take this trade ...

james16 Chart Thread

CHFJPY Weekly Pinbar getting crushed — Is anyone else still in the CHFJPY Weekly Long Pinbar trade? I took the weekly pin bar on the CHFJPY, due to the location and then the shape of the bar. I had believed that the JPY was going to look weak ...

james16 Chart Thread

Doesn't the stronger looking oil chart indicate that the CAD will get stronger v. the USD (and maybe even the EUR)? If so, I like the Oil chart going long, more than the CAD getting weak (USD, EUR going long) on the USDCAD and EURCAD. Glad you ...

james16 Chart Thread

Jarroo, That is beautiful. How often do you set your stop loss just above the (high/low) of the bar before the signal bar? In most cases, or just in cases where you feel strongly about the upcoming strength of the next move? Thank you for your help! ...

james16 Chart Thread

Thank you Palmer!

4 Hour Strategy (MACD)

Palmer... I am getting back to this method, after studying some price action and Fib stuff over the last few months. I never stopped trying to trade this method, though I felt I needed more knowledge to apply to this method. Anyway, I believe I have ...

4 Hour Strategy (MACD)