Maybe you J16 sharks should have a look-see at GBPCAD daily??? strong PPZ.... +50% +150ema

james16 Chart Thread

I have been reading around, it looks like this daily trendline is snapping . time will tell, watch price action guise!

Jacko's Forex House of Pleasure and Pain

so basically..... that daily trendline that has been good since March 4th is done? Also the combination of 618 RET with that trendline isn't a means for a long position here?

EURUSD

I also have set a trailing stop of 100 pips, on a buy stop order of EURUSD @1.4832. This is also the 50% retrace line, and pivot area. Looks like the bears may have already lost steam.... maybe not? Regardless, I'm going to be in this for a long run ...

Dan Gilbert's random trade report. (realtime)

if you look at the EURJPY right now on the 1hr, you will see a nice pin+divergence, my buy stop is placed about 5 pips above, I'm going for about a 1:1 R:R on this, with stop loss set at the bottom of pin+3 pips for spread (I got burned on this ...

Dan Gilbert's random trade report. (realtime)

USDCAD has just snapped the double fibo lines and is headed to 10654 resistance. It may just smack right through that too! very strong bullish activity on USD....

Dan Gilbert's random trade report. (realtime)

alert: 4hr pin is forming, 1 hr pin that formed just before has been successful, lots of divergence on EURJPY... the bearish EUR stance/bullish USD that I had looks like it might come true!

Dan Gilbert's random trade report. (realtime)

if you take a glance at the EURJPY right now, the price is at a very strong resistance area. Are we going to see a sharp downward move here? This will be the third time this level has held, IF it does in fact decide to go down... This area that we ...

Dan Gilbert's random trade report. (realtime)

If anybody knows how to draw the daily pivot lines to trade on Monday, please please let me know (link, something!) gracias....

Dan Gilbert's random trade report. (realtime)

Since I posted that UC setup, it has already pushed down roughly 25 pips, it looks like this won't be a pin bar after all, although there has been a lot of selling pressure here, as is expected in very short term order...

Dan Gilbert's random trade report. (realtime)

also, my EURUSD sell stop (1.4978 sell stop order) did not engage (thanfully) and a bullish outside bar formed... I have cancelled that order completely... waiting on sidelines for a better signal on EU

Dan Gilbert's random trade report. (realtime)

Maybe some of you Sunday night gamblers caught this one . I didn't. I was not looking at the correct time frame... USDJPY, 30 min chart. pin+strong divergence, TP at the 38% line would have been optimal. image

Dan Gilbert's random trade report. (realtime)

If you guys look at USDCAD right now, it appears there is a pin with divergence forming on the 4hr chart. First I will show you the daily chart, so you can see where I'm getting my fibo confluence from (23.6% on the big swing, 50% on the small ...

Dan Gilbert's random trade report. (realtime)

exact same thing has just happened on the EU.... I'm left scratching my head . Luckily my sell stop didn't get hit! PLACING SELL STOPS WITH SOME SLACK BELOW YOUR SIGNAL IS SOOOOOO VITAL!!! I only learned this technique last night when I was going ...

james16 Chart Thread

PLEASE STAY! I was very happy to see someone with 10+ vouchers post some advice for me in my thread! I'm very new to trading, and I really want a lot of critical input from those with more experience than myself. You laid it out very clearly, and I ...

Dan Gilbert's random trade report. (realtime)

this thread is a learning experience for me! I'm only trading demo. I want to take trades and note when I'm unsure of the trade, when I say that I am unsure of a trade, I will ALWAYS note that! Trades that I am very sure of (such as the sellstop on ...

Dan Gilbert's random trade report. (realtime)

If I would have let this trade run to my ORIGINALLY SET 14988 t/p line, I would have had a winner trade as +44 pips, instead of my measly +20 when I decided to exit my trade early.

Dan Gilbert's random trade report. (realtime)

Also, in regards to my GBPUSD trade that failed.... imagine if I had just placed that S/L 20-30 pips higher... . Based on the weekly pinbar that has formed in GBPUSD, this is going to be one bearish week for the pound.

Dan Gilbert's random trade report. (realtime)

COMPLETE DISREGARD THIS POST! I'm definatly not bullish on EUR anymore (based on daily charts) Trade #5 current sellstop on EURUSD: 1.4975 I have done some analysis on the 4hr and daily charts and I am now very bullish on USD for the start of this ...

Dan Gilbert's random trade report. (realtime)

I have one more development on this. 4hr chart: image Also note the PinBar at the top of the chart here, I did infact short this signal on the 1hr chart with success....

james16 Chart Thread