maybe as a spot to move my S/L down a bit (not to b/e, that's too close). I was considering 87.25 as a more important area. Also weekly PPZ's of 86.50, 85.40, and if I really caught a runner - 84.30

james16 Chart Thread

Wait for the break. This this momentum trade clearly has no momentum

james16 Chart Thread

I'm glad somebody acted on that analysis

james16 Chart Thread

This here pin bar seems pretty significant.... will trade! (or holiday gambol!)

james16 Chart Thread

Not even for a 0.25% risk??

james16 Chart Thread

Here is PA trade I placed before leaving my house today. Used j16 manager EA to move my stop to B/E.

james16 Chart Thread

well, here is that yellow trendline in action, and today if anybody traded this "incredibly valid" trendline as a touch trade, you wold have a little over 40 pips thus far. I, unfortunately, had to work .

james16 Chart Thread

Well price can break a trendline and still "work"... i attached a picture of NZDCHF where I found a nice 4hr pin to short in the highlighted area, based on the .7500 round number/PPZ, and yellow trendline. Did the yellow trendline break? Yes. Would ...

james16 Chart Thread

more confluence!

james16 Chart Thread

I dunno man... that yellow trendline is incredibly valid in my opinion....

james16 Chart Thread

blue area is where a very serious hunt for PA will commence.

james16 Chart Thread

my NZDUSD trade is retracing right now. i closed out half of my position @ 7017, and it looks like the other half is going to be stopped @ B/E. I still have the other short I placed higher up, I closed out a third of that position a while ago, I'm ...

james16 Chart Thread

Well i got my S/L to break even after the trade went 95 pips in my favor, so here's my trade/analysis.... NOTE: no PA was used in the execution of this trade, just a very strong zone with a great potential R/R trade...

james16 Chart Thread

it's a yen cross I traded based on a daily PPZ.... more on that later though....

james16 Chart Thread

you're right. It would be bad diversification (or rather, not diversification at all) to hold multiple pairs open at once, all relying on USD simultaneously. Lately I have been focused on NZDUSD and looking for shorts on that pair. (ever since the ...

james16 Chart Thread

my new years resolution is to always have the daily's as my standard view . I'm in a daily trade right now.... will post when I get the stop to B/E . still holding my NU short from last night, only because smart thinking allowed me to move my ...

james16 Chart Thread

hahaha.... I'm not saying I know what I'm talking about... Just if price does something roughly like this, would you be surprised? I don't think I would be.... I feel like I've seen so many traders in this thread, and this thread only, make good ...

james16 Chart Thread

another potential...

james16 Chart Thread

Can you dig this one for 2010?

james16 Chart Thread

these PPZs, breakouts, retracements are possibly the most predictable thing i have seen... The euro example in the picture hasn't exactly made a big run down, YET, but I think a 25 pip run is enough to consider the trade a legitimate good ...

james16 Chart Thread