You remember pitka setup ? I'm in this one guys : image

james16 Chart Thread

Maybe a pullback to the former resistance-last will be better image

Fail Better

I was watching it, too. It was a very confusing start of the day. I was (and still am) bullish USD longer term (nice pitka setup on USDSEK, that missed my order by a notch, still looking if i could get in). And in the same time i was shorting USD ...

james16 Chart Thread

Pretty !

james16 Chart Thread

Hi Karl, don't leave your setups cause someone told he doesn't like it. I like your comments on your charts and i think you will develop a good eye. If someone has a different view, that doesn't mean your sucks. Sometimes 2 people take different ...

james16 Chart Thread

Glad to hear that Ganesh From time to time my muse kicks in And last days the market presented some very nice examples.

james16 Chart Thread

Wiz/J16 combo touch trade maybe that should be

james16 Chart Thread

Hey Karl, I understand you very well. This is a question i bet many people have asked themselves (including me). Let me ask you a question, i hope will light a bulb 1 - "I think, we need 3 touch at least to call something as a "trendline", ...

james16 Chart Thread

Something like this i hope to see: image Probably one more small bounce inside this consolidation will make it even more tasteful

james16 Chart Thread

4th touch or larger i'll be much more watching for a breakout than a significant bounce. just my 2c of course

james16 Chart Thread

I don't see it, not sure if it is related to the J16 material at least. Sorry to ask again what's behind it. Regards

james16 Chart Thread

Happy to hear that Not the best day for me, too btw. A lot of action in the markets these days. I missed the greatest opportunity i was watching, the AUDJPY. A little on the possitive side so far, but still not sure if the day won't end as a ...

james16 Chart Thread

I don't have the balls to buy it right now for sure. A retrace looks safer to me, something like this: image

james16 Chart Thread

I don't think it's THAT close. Here is my plan: You expect this FTA to bounce price. Very good. If life has given you a lemon, make a lemonade they say Trade has given you an FTA -> use it! It's a good story, if you find your decent entry -> ...

james16 Chart Thread

Right! Just like Wizard states in his early posts.

Fail Better

I find it great! Only thing left is to find an entry. Maybe a nice pinbar from the 65.00 ?

james16 Chart Thread

AudJpy was very good by what i look for as well. Very clear divergence for bigger picture and a head and shoulders for entry. A pity that i was sleeping when it tested back the former support. image

james16 Chart Thread

Well it's my second time trading it. And i already hate it, due to it's choppiness and spread widening. First time i took a full loss, because i was unable to reduce risk because spread was going crazy through the night. I dig a picture for you if ...

james16 Chart Thread

Here: image

Fail Better

Welcome Mezzy, To be honest i prefer the level of the extremes, as it's more clear. However, you can see that it was kinda support last (circled area) and you want support last. It worked pretty well however I played the AUDCAD instead. image

Fail Better