lol ya know...it goes from over spent to under funded...?...ah, no wait a minute...that would be my bank account!! lol

james16 Chart Thread

cheers,yeah,price has been huggin that area all day. wonder which way it brakes?? oscillators have are bottoming out quickly which is usually a fairly bullish sign in my experience but we will soon see! i took a 1h BEOB on the eu/yen last night ...

james16 Chart Thread

haha do you read minds as well as charts!!?? lol

james16 Chart Thread

i thought i would throw this up for comment.. us/yen weekly BEOB coming off some quite good res. this is how i see it.. (daily chart is a bit busy..sos) jon EDIT: would have liked to have seen a higher high also to really test that area

james16 Chart Thread

i like the other side also, us/chf has a weekly BEOB coming off strong PPZs it is running into pretty strong resistance though but could have potential in my view?

james16 Chart Thread

i think they are both worth a few pips but i like the eu/aus better running into a mess though. 1h trades for me are a quick 1:1 in and out trade. lets see what happens??

james16 Chart Thread

hey John, there is a correlation between these pairs, try this site out.. http://http://www.mataf.net/en/tools/01-01-correlation or oandas...http://http://fxtrade.oanda.com/analysis/currency-correlation remember price moves for more reasons than ...

james16 Chart Thread

update — gb/yen.. moved SL to 130.80 gb/chf.. still hanging in there...

james16 Chart Thread

update — gb/yen...moved SL to 130.45, just below intraday PPZ and retracement low(on 1h TF)] will move SL to below 131.00 after a retrace to that level (if it happens) this is a 4h trade with tight management conditions so intra day levels ...

james16 Chart Thread

it was a big step for me, how much confidence could i have in a bar if im not sure of the location?? p.s.i wasnt hinting nor am i trying to teach anything with my charts, its more of an exorcise for myself. iv been away from the markets a while so ...

james16 Chart Thread

no, the daily pin. (IBFX) i dont have a 4h BUOB on my chart. jon

james16 Chart Thread

, things certainly got a little easier once i had confidence in my PPZs!

james16 Chart Thread

gb/chf...no surprises here then, 1 hour TF showing signs of retracement/reversal just where we expected it to have trouble. PA on this TF wont effect my trade management on the daily trade but its interesting to watch PA...well...PAing. intend to ...

james16 Chart Thread

speakin of au/cad.. 4h chart of PA since then.. gotta love BRN lol

james16 Chart Thread

update — gb/cgf... closed half,moved stop to 1.5580. if the 1.5500 level cant hold as support now i would loose all confidence in the trade. The trade will net about break even now so its a free ride whatever happens. Will take full profit if ...

james16 Chart Thread

update.. — gb/yen..closed 60% at 130.85 moved sl to 129.85. gb/chf moved stop to 1.5550

james16 Chart Thread

you could have thrown in a fib for good measure also,lol. i saw the thread , iv read most of it and its in my favourites. not gonna miss that lol Racs a mean dude!!

james16 Chart Thread

thanx, yeah, i remember a post from James16 about the retest of the 365 MA after price has crossed it. will also search some out, i like that sort of setup.

james16 Chart Thread

heres a couple im demoing atm.. gb/yen, nice sized pin bar at the 130.00 PPZ and the 50% fib confluence. took the retracement of the pin bar near the RN 130.00 (had my eye on that price) running into traffic so will be watching carefully. gb/chf ...

james16 Chart Thread

hi Dave, jus a word of warning to clear things up, someone (sorry i cant find the post to quote your name)pointed out i had mistaken the hidden bullish divergence i marked..it is infact hidden BEARISH divergence!! derr! sorry for the confusion. ...

james16 Chart Thread