USDJPY is currently testing what I think is a strong level. The weekly HCR with gap. Just above the HCR is the BRN of 85. Daily is also showing divergence.....I'm currently looking for a nice large bearish PA bar at this level. If price closes ...

james16 Chart Thread

My long never got picked up, but price formed a small pin at the more major resistance area noted. I still like the HCR levels at 1.3126 as high probability to act as support. My long order is still in....maybe that pin will push price to that level ...

james16 Chart Thread

I zoomed this one out to take a closer look. I ended up passing because the pin looks small compared to the upmove, and the previous high wasn't quite tested yet (missed by about 3 pips on my feed).

james16 Chart Thread

Not a senior by any means. but thanks!!.......I don't look at lower time frames, mainly trade daily candles off of weekly and daily levels. My reasoning on EURO is friday's candle (and weekly) closed above a weekly level and 2 dailies. I really like ...

james16 Chart Thread

I like the close above the HCR's you mention. If Friday's high is broken there are couple of resistance zones pretty close by. That said, I have a pending long order at 1.3138.....

james16 Chart Thread

Hope I ddin't confuse anyone - I wasn't saying to go short. I was just noting that the area was highly confluenced and with some nice bearish price action (BEOB mentioned) that closed below the area (which is currently strong support) would be a ...

james16 Chart Thread

Probably my favorite area on a chart right now....EURNZD. Lots of confluence in this area: BRN 1.5500 Weekly LCS Two daily LCS Head n Shoulders with neckline at the LCS/BRN area Early christmas present for me would be daily beob with strong close ...

james16 Chart Thread

I've been out of loop for a few months....thought I'd chime in here though. The lcs looks good at first glance.....however, there's no confluence to go with it (BRN, another lcs/hcr, etc). The gap below is my biggest concern, if you're looking for a ...

james16 Chart Thread

I ended up playing a break of the Pinbar. My first management area is first rectangle.

james16 Chart Thread

Manually closed this one after today's close for a very small loss (about -0 .1R).

james16 Chart Thread

Me too. I've been watching this area since the daily HCR formed last month. Today is the first daily test since price went through that area. I will see how the daily closes (if above I will consider long entry).

james16 Chart Thread

I like it and entered at market after today's close. Chart is similar but I have 2 targets in mind.

james16 Chart Thread

Hey dan, not jarroo, but I thought I would give some thoughts (most are on the charts) about how I might play the setup you mentioned (I took a loss on a similar set up a few weeks ago). First question I would ask, is what was your entry and what ...

james16 Chart Thread

Spread??

james16 Chart Thread

AudCad is on my watch list for future PA. Price is moving towards the RN 1.0300, which is in confluence with a couple of previous LCS. The most recent LCS in the area hasn't been tested since the close below.

james16 Chart Thread

I would like to see that move down into the confluenced area at 1.9300. Obvious PPZ RN 61.8% ret Untested HCR at Swing point Space Looks like the perfect place for mike, jarroo, classic J16 to come together. Currently biased to look for bullish PA ...

james16 Chart Thread

Pattern to watch on GBPCHF....would much prefer the horizontal support on the BRN, but the pattern looks pretty clean to me.

james16 Chart Thread

my view on EURGBP

james16 Chart Thread

See my trade above on GBPJPY from Friday. If I were in that trade I think it's a manual close for me as the daily candle looks to have closed below the level that you were anticipating acting as support. Just my 2 pips worth.

james16 Chart Thread

This trade triggered Friday and when the daily closed below the weekly level that I was watching I manually closed the trade as this indicated my projected support area was no longer valid. Took a 0.2R loss on this one.

james16 Chart Thread