ye, i get what you mean,sometimes price seems to ignore the levels for a while then respect them later on. TLs are more prone to loose significance like that than good PPZs. Just shows the strength of horizontal PPZs !! glad i could help jon

james16 Chart Thread

aha. got ye. so they are simply touch trades. it was this sentence that confused me.. thanx for the confirmation. cheers jon

james16 Chart Thread

hi Trigger, nice trades . could you expand a bit on the "price behaviour" you mentioned,possibly with a chart?? i take it this is not the PA we are used to here?? cheers jon

james16 Chart Thread

i have shown how i got the PPZ on the charts. i hope this explains my reasoning,feel free to ask anything if you want to. cheers jon

james16 Chart Thread

hi Danny,if i was in the trade i would be looking out for price to break through and close above.9370 with some strength . i see that as the first trouble area. after that the round number.both of them are before the first trouble area you marked on ...

james16 Chart Thread

yep, agreed. that price lines up nicley with the 365 ma on the 4h charts aswell. i got in with that buob on the hourly chart you showed so my stop is quite small(the bar is a couple of pips shorter than mt4s bar on oanda) so stop to BE then for me ...

james16 Chart Thread

i took this trade and im glad to here Mike is in this one also! thats as good a confluence as i could have hoped for, the momentum seems to be there though...? jon

james16 Chart Thread

hi cherry, the short answer is "no" but they are sometimes taken to mean the same thing.In these cases it is very inportant to have some good confluences to make the setup worth the risk.the most important thing to concider(as allways)is LOCATION. ...

james16 Chart Thread

fair point, but i do trade with the trend much more often than not. p.s. "Keep taking CT trades, I need more money" lol

james16 Chart Thread

price doesnt always bounce of the nearest R/S..?? time will tell, anyway i will be tight on this one thats for sure but i think it has a good chance of making .7350-.7400, and i would rather see bearish PA there than at them bar lows?? cheers jon

james16 Chart Thread

is it simply the strenth of the trend that makes you say that?? cheers jon

james16 Chart Thread

i like this one but as you said that .7000 is my major worry??that and the fact that it was a pretty strong fall ! but... it is the 50% fib retrace from the last up trend, a PPZ and could be the second touch of the bottom border line of a decending ...

james16 Chart Thread

thanks SC and Bundyraider, i guess i will jus have to keep them both and switch whenever nescesary. a bit of a pain but no problem. cheers jon

james16 Chart Thread

hi guys, has anyone had any problems with using mt4 indis on mt5?? half of mine dont seem to be recognized!!?? does anyone have the spaced lines indi workin ?? my templates wont cross over either!!?? is this normal?? cheers jon

james16 Chart Thread

i believe it was this cad/chf pin he was refering to. jon

james16 Chart Thread

....except that its not funny !! lol. i remember the same,hehe sometimes i would be a trade and wondering why i hadnt bagged 65 pips allready when i suddenly realized i knew nothing about the trade or the PA appart from the fact it showed a ...

james16 Chart Thread

hi mate, i was gonna reply to this but Mike did allready. i only want to say that you dont have to take these trades personally, it is a good thing that you have learned that bit more and have that bit more experience! taking these trades to heart ...

james16 Chart Thread

hi simjas, this is one of those bars that on first glance looks great and can sting us newbies if we are not carefull. the first thing i noticed though is that by my feed you shouldnt really be in the trade as it only broke the bar by 2 pips! that ...

james16 Chart Thread

and its counter part.. jon

james16 Chart Thread