It's still in 20 years range, taking short is risky. image

james16 Chart Thread

No, not really. This pinbar means only indecision of the market since it's not on any support. If you would look on smaller TFs you would see that price actually made triple top and was moving somehow in ascending triangle. You could trade break of ...

james16 Chart Thread

Well if you look even more into past you will see that pair is in range since 1993. And we are getting to the lower boundry of that range. image

james16 Chart Thread

What's your logic behind your first chart? I see there a pinbar on retrace, a sell signal.

james16 Chart Thread

Just got: "Important announcement on USDRUB and EURRUB Dear Valued Client, Due to the lack of market pricing on USDRUB and EURRUB, as of today the 16th of December, the instruments are not available for trading until further notice. The instruments ...

james16 Chart Thread

It depends on broker. Broker I used half a year ago had Ruble but one I'm using now doesn't. I heard some brokers are now disallowing trading ruble. Ruble went in highly unpredictable state. Yestarday it went down 14% without any good reason and ...

james16 Chart Thread

Are you sure? It's packed with supports, risk to reward is something like 2:1. It can be just retrace to former resistance before going more up, Yen is extremely weak, maybe even weaker than EUR. What do you mean by "space to the left"? You should ...

james16 Chart Thread

How I see it: image In range trading your tp should be on top/bottom of the range not on fake breakouts. There is high chance that price will reach border of the range but low that will reach former breakout.

james16 Chart Thread

You have strangely different feed. I don't have a pinbar, only an indecision bar followed by pinbar in upside direction. image

james16 Chart Thread

Well I said that when I will be done with this account, I will post my results. I made this for purpose of job application. I traded there for 3 months, every month was starting on 22nd, minimum profit I needed to make was 8% but I set myself a safe ...

james16 Chart Thread

For my experience... Drop it. I tried a lot of systems and only pure price action + fundamental works in longer timeline.

james16 Chart Thread

Yes, live account but micro. This is a third month of live trading on this broker, third and I hope last since I'm doing it as job prerequisites. I will post it on myfxbook when I'm done. EURCAD starts to look good but red news for CAD is coming in ...

james16 Chart Thread

I entered yesterday AUDUSD, +80 pips for now, tp on +100 pips but I'm thinking about closing it manually now. image I'm short on EURCAD too, two positions, first was prematurely taken, that was a mistake. I thought price will retest former support ...

james16 Chart Thread

So like I said earlier here are pairs I will be watching in near future: AUDJPY W1: image We are getting near all time highs. There are two important resistances but I'm not sure where we will see repulse. On D1 we can see a pinbar but I would not ...

james16 Chart Thread

On monday starts my third and last trading month I need for qualifying for job. I will post my trade ideas tomorrow. Meanwhile I was playing on bookmaker site on their ,,finance" tab. This is ridiculous how easy I could get money there, what a pity ...

james16 Chart Thread

Well actually everybody knows that. There is referendum in Switzerland in which people vote about returning to the gold standard. If that pass there will be huge moves on CHF and their Central Bank will intervene a lot. We can expect that gold ...

james16 Chart Thread

I don't know about that... Price is near all-time high and last week's bar indeed has wick on support but this wick is shorth compared to the body of the candle. I think we will see some struggle near high but for now I don't know where price will ...

james16 Chart Thread

I love how EURNOK monthly chart looks. "Standard" price for EURNOK is something near 8.1, deviation ~0.4 to the up and down. All bursts above 8.5 or below 7.7 are corrected as soon as possible by central bank of Norway. Big bursts are rare and are ...

james16 Chart Thread

I would wait for break of slopped support. image Looks nice to me... Pinbar is really big on very important resistance with about ~1700 pips to slopped support or 3600 pips to flat one. On monthly looks nice too but this is just 10.11 so it still ...

james16 Chart Thread

I think you meant 1.1300 as a target but if it is really 1.3 than you have hell of a target. It will take months to get there. I don't consider RN at all. If it is an important level for price I will see this as supports and resistances in the past. ...

james16 Chart Thread