heres something else i am watching, a break out and retest would be nice...??? jon

james16 Chart Thread

agreed that this is one to play on a tight lease, i feel 164.00 is possible though. i have allready closed most of the possition for a small profit. now its free so ill let it run a while?? btw it was the 3h buob on oanda that got me in rather than ...

james16 Chart Thread

morning yawl, anyone else take this pin?? great location, divergence and breaks the round number... any thought welcome cheers jon EDIT: just seen your post pipmyride, is the one?? i dont get one on gb/yen though

james16 Chart Thread

thanx, noted, cheers jon

james16 Chart Thread

heres a couple from yesterday... they can be good for continuation trades also hope this helps jon

james16 Chart Thread

agreed, i love the location, just waiting for some nice PA to tip its hat a break and retest of that TL would be nice??or maybe a nice bullish pin bar on the 4h TF?? but whatever comes, (if anything), ill be all over it ...

james16 Chart Thread

u may be right! , good luck bro jon

james16 Chart Thread

update — gb/yen, hit TP @ 144.22 full possition closed. +92 jon

james16 Chart Thread

very nice there bro!. i agree that could well go lower, 130 eu/yen is certainly possible short term and maybe even a retest of 127 !?!? jon

james16 Chart Thread

hi guys,heres some i have been watching today... gb/yen daily IB,nice hard break us/yen daily IB eu/yen 2 day pin bar, my fav. a close below the 50% fib and round number PPZ with a lot of history. just hitting the 1st problem area imo jon

james16 Chart Thread

hi mate, be carefull there,i have that TL well broken allready, i only connect lows/highs to lows/highs and close to close prices though. i dont like to mix them as it becomes very like curve fitting your lines to fit price. jon sorry cant post ...

james16 Chart Thread

no truer words av been spoken!!! wish i could transfer this ability to my real account!!!

james16 Chart Thread

i quite like the look of it (although i wont be taking it as i cant be here to watch the trade) there are some round numbers to be aware of and an area just below and at the low of the pin. i have marked what i am looking at on the charts. jon EDIT: ...

james16 Chart Thread

lol... and he strikes again!! nice trade bro next to the sell order box on oanda is the boxs/tabs which opens.."chart options" or "draw trendline". In the "chart options" tab( the one with the little lines) you can check the boxs for ...

james16 Chart Thread

hi beji, i tried to explain yesterday (not very well im afraid..lol)that the bars h/l shows the medium price between the spread. Oanda is a little different than other charting packages in that it doesnt print the high or low,or the bid and ask, of ...

james16 Chart Thread

update — no such luck...stopped the last third out at 149.70 , took partial profits 149.44, so basically a BE trade. i can live with that for a little scalp attempt! jon

james16 Chart Thread

hi Danku, we only pay once as we pay for the spread,in effect, when we close the trade. paying the higher price (ask)when we buy means we sell at the lower price (bid) when we close the trade giving the broker the spread. hope this helps jon

james16 Chart Thread

hi Franco, i think youve found not only the thread for this type of trading but one of the best you will find on the net!! honest!! you might like to read the J16 thread also as it is a similar method using similar tools....and no indicators!! good ...

Jacko's Forex House of Pleasure and Pain

the power of PPZs!! jon

james16 Chart Thread

S+P500 triangle 1h chart, looks good on 30 mins also dow rising wedge same TF gold possible triangle , same TF,but lower TL yet to be defined?? jon

Igrok Method. Q's & A's. Comments, thoughts and ideas