4 hr USDCAD Trade Opportunity — Long USD (Two Positions) @ 1.1445. Take Profit#1 @ 1.1470 and Take Profit #2 @ 1.1536. Reasons for long here are 1. Pin at swing low--2. Pin formed off support @1.1373 and major fib level.--3. Divergence on this ...

james16 Chart Thread

This would not be an "A" trade for me. Here's why-- The good: 1. At round number 1.7200. 2. At swing high. The bad: 1. No other confluence example--divergence, fibs. 2. Pin is deformed in the sense that the nose is too short. 3. I need room to make ...

james16 Chart Thread

Yeah I'm watching it as well. This is where patience will pay off. Either by keeping us out of a loss or getting us in when the time is right. K.I.S.S.

james16 Chart Thread

Hello r_jayandh. I noticed that you are new to FF and Forex. On this thread we discuss price action. I for one like to use the dynamic fibs like you are using as confluence only. There are some threads on FF in which the harmonics/zup is the focus ...

james16 Chart Thread

Yen Crosses — We have many BUOB's on Yen crosses today. However, they will be mostly trading against semi-well to well placed BEOB's on weekly. I'll be shorting the NZD/JPY if it retraces north sufficiently for entry around the 58.20 areaas ...

MW's trading journal

Pin off round number 1.80, divergence, room to roam and some other confluence depending on what you prefer to use. I liked it to the tune of 54 pips on my frist position and 205 on my second. My only regret is that I missed out on a simular set up ...

james16 Chart Thread

I have two different feeds and neither shows price reaching that high of a level. That may be why no one has mentioned it. K.I.S.S.

james16 Chart Thread

You da man FXGenius! Thanks buddy! K.I.S.S.

james16 Chart Thread

GBP/JPY — Can anyone post a 2-day chart of GJ? Thanks. K.I.S.S.

james16 Chart Thread

EUR/AUD Daily — Something to check out. Pin off nice round number 1.80/23.6 fib(from big move down from 2.0363) and PPZ. Some potential for some short pips to the 1.76 area. What's your opinion? K.I.S.S.

MW's trading journal

Hey Mike! I ended up shorting this one at the break as it seems to have broken the 7500 area with momentum. I really prefer to get these up the bar but I'll play along with the market. My first target will be .7393 for 95 pips. Second is .7338. Good ...

MW's trading journal

OK thanks guys!

james16 Chart Thread

We have the same sort of set-up on AUD/USD coming about. My daily closes in 1hr 45 min. I'll be looking at this one closely for short strategy. I'll be looking to get in at a hard break of the bottom of the candle (.7500) or at the 50% retrace of ...

MW's trading journal

Hi Squeezy. Can you tell me on which TF you see divergence? I can't find it? Maybe I am looking at MACD and you are using some other oscillator. Thanks! K.I.S.S.

james16 Chart Thread

Hope you are still in NZD USD short Mike. I took 60 off first position and then 110 off second. I really like those set-ups off of Bullish or Bearish OB's and then retracement. I'll take the 170 pips and be quite happy even though this may move down ...

MW's trading journal

NZD/USD — I waited to take this one till today to take as I wasn't comfortable taking it yesterday. Now that the price has retraced up I have shorted two positions at .6060 the 61.8% fib retrace of the BEOB from yesterday. Stop loss at .6136. ...

MW's trading journal

Aud/Cad shows divergence on the 4 hr and daily. Resistance at .8900. No PA on those TF's yet but I see why you are taking a position from the 1 hr. Thanks for showing your trade here. I enjoy following along. K.I.S.S.

MW's trading journal

Thanks Mike! I have been looking at this one as well. K.I.S.S.

james16 Chart Thread

Dude you are quick! Thanks for the explanation. Our charts look a little different. Thanks again! K.I.S.S.

james16 Chart Thread

Hey Mike. I did not take this trade. Sorry I missed ya'll last night. I'll bet you discussed this chart too. I need some clarification of the context of this post. I am assuming that you shorted this pair yesterday based on the BEOB at swing high. ...

james16 Chart Thread