Keeping an eye on the USD/CAD, price was rejected from resistance but felt the candle wasn't strong enough to get in the trade straight away. Thinking price could move back up and test again the resistance and then look to sell depending on PA. The ...

james16 Chart Thread

Got in on this pinbar on the USD/JPY, I realised that is was not an ideal setup but decided to trade it with a 10 cent lot size. Would have posted it earlier but have been so busy. Stop at break even and am 30 odd pips to the good on the trade. ...

james16 Chart Thread

Lost the heart to trade a bit today after seeing all my profits from last week wiped out by the gap on the GBP/JPY as the market opened yesterday. Key lesson learned and just making sure that I do not trade purely to make some immediate pips back

james16 Chart Thread

Understood and lesson learned.

james16 Chart Thread

Interesting, seems like a risky time to be trading whilst this Greek situation is unfolding. I had 150 pips wiped out due to the gap down on the GBP/JPY at market open. Does James advise against holding trades over the weekend? Its a bit of a gamble ...

james16 Chart Thread

Im in on this one GB, im hoping for price to push up before i will likely take profit. Im 57 pips up on it at the moment so will move to break even when the market opens tonight and see what occurs. I am hoping that price pushes up and beyond the ...

james16 Chart Thread

Hello Patapouer, thanks for the explanation and no need to apologise for anything. I shall check out the posts you mention and watch how this pin bar plays out without risking a trade on it. I have read some information about the inverted pin in the ...

james16 Chart Thread

Hello Incognito, firstly let me say Happy Birthday for tomorrow and secondly thank you for adding your advice on this one. I answer your question of what kind of trader I am, I am a more long term trader, I stopped scalping the 5 and 15 minute ...

james16 Chart Thread

Evening guys, just checking through the charts and I saw a Pinbar on the USD/CAD daily. I have a question about how significant a candle like this is given that its tail is not extended above the tops of the previous candles. Would this kind of pin ...

james16 Chart Thread

Significant pin Dano? I have the same lines drawn as you and saw this daily pinbar and figured id drop by to see what others thought of it. I traded the previous pin at 1.2220 for some good pips. Think this will head down next week? Edit: Just ...

USD/CAD

Thanks GB, I shall hit the start of the thread again and see what i can dig up. As of now i use a similar approach to you of a 50ish gap between stop and price. Thanks for your response mate.

james16 Chart Thread

Good Afternoon guys, loving this thread, my learning is increasing rapidly just by observing how you guys are operating. I have a question, I am in on a couple of trades on the daily and making good pips, 100 on one and 50 on another. My question is ...

james16 Chart Thread

I can see the trendline bounce and the candle is engulfing, where there other things you checked before giving the trade the thumbs up?

james16 Chart Thread

Good Morning zamfir, may i ask what your were confluences for trading this one?

james16 Chart Thread

So the general consensus is that this bad boy is going up?

EURUSD

Thank you GB, 1.9230 was a nice sharp move up and i had it pegged on my charts too. I will see how things go with this one.

james16 Chart Thread

I was thinking the same on the traffic, its not a clear run but i checked the fib too and saw what you saw. I decided to trade it on demo and will see how it plays out. Thanks for your reply

james16 Chart Thread

Any thoughts on the pin on USD/CAD Daily?

james16 Chart Thread

Blink and you miss it, mental stuff.

EURUSD

Morning guys, I would like to ask a question regarding the frequency of trades using the higher time frames. I have been recently demoing on the 5 and 15 min time frames and whilst some days i am able to make really good profits on other days i ...

james16 Chart Thread