But there is also possibilities of unprecedented major news anytime of the week right? Like the swiss surprise. Is James and Mike pure technical? Do gaps trigger sell stops and buy stops also? Thanks for the inputs.

james16 Chart Thread

Im a newbie trader but I can think of reasons to go short: 1) Jan 7 2015 price had moved up 420 pips also but it was still in long term downtrend. It looks more like a pullback to me. With the trend 2) Very solid SR as seen in this picture. Lots of ...

james16 Chart Thread

EURGBP rocketed away from the H4 pinbar. The .7400 SR sucked it like a magnet.

james16 Chart Thread

Guys, how many hours before the end of Friday is it recommended to stop trading? And how many hours after Monday opening is advised to start trading? Do you close all trades before Friday closes? Lets say im just trading D1 timeframe.

james16 Chart Thread

Nice advice G! We will not give up! Its not over until we win. Anything in life can be mastered with practice. So we pick something that we really like, and stick with it. If someone thinks trading is not for him, then I guess its good idea to find ...

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This is a good pinbar in my opinion, but it did not form in a previously marked key area/ support resistance so I passed this trade. SH stands for? Comments anyone? Thanks!

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It already went up to the trendline.

james16 Chart Thread

Thanks for the clarification sir Mike. Wow so this is possible? Its like predicting the coin toss 36 times in a row. Superb technique! @sir James: Its great to see you change your stance regarding transparency. Ive seen a thread wherein someone was ...

james16 Chart Thread

Hi James! Im a newbie here. I believe in your integrity sir. This forum is a foundation of my dreams in forex. Thank you for being back here. I'm excited for the new happenings to come. I do have a question though. Are the two statements you posted ...

james16 Chart Thread

Guitarbloke, Im also in a similar trade, but I chose GBPAUD over GBPCAD. Seems clearer to me. No VBRN 1.9 in between. Theres also a trendline in GBPAUD and the 1996 monthly low 1.8739. Just sharing my thoughts. Im a newbie tho. I also currently ...

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Sirs, does this happen to your charts also?

james16 Chart Thread

Pinbar has formed in H4 and H1 of AUDNZD, testing lowest low since 1997 @ 1.0285. May I get your inputs sirs? I think its a pretty small pinbar against the strong bearish downtrend.

james16 Chart Thread

Help a newbie! Comments please. Here's my analysis: PRICE ACTION: H4 valid Pinbar, long wick, little body, closed inside the previous candle's body. SR: 1.9457 (orange line), Fib 23.6 (navy blue) and Fib 38.2 (sky blue) TREND: with the trend ...

james16 Chart Thread

Thanks again for the quick reply sir Mike. Okay so I understood what you were saying there. I also use position size calculator to adjust my position size according to stop loss. If its not the stop loss, then would you please sir enlighten me what ...

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Followup question: Is a retrace, pullback and retest the same in your dictionary?

james16 Chart Thread

Sir Mike thank you for all the information again. May I just clarify what you mean with retrace entry to the boxed area? Did you mean you will enter short position when price comes back to 1.5000 SR level? I see you have a sell limit order around ...

james16 Chart Thread

Donkey sir, thank you for leaving your "Donkey style" trade explorer public. Ive been browsing it for some insight and it helps. Congratulations by the way on the 18.4% return on that NZD/JPY trade. Would you mind sharing the setup you ...

james16 Chart Thread

First post here, new member, started learning forex 5 months ago, looking forward to being one of the greatest Filipino forex traders. I would just also like to send a massive thanks to James and Mike for all your abundant generosity. You have been ...

james16 Chart Thread