it's normal. people wanna pick the top on this move. plus shorting is easier for most to do. people, i cant stress it enough: trade with the trend. countertrend trading is for suckers & professionals.

EURUSD

countdown to 1.3000.........

EURUSD

Hello Shane, some more live web charts url (needs registration) url (note: i havent used them much, so i dont know much about them)

james16 Chart Thread

Sjr, not really, usdcad looks bullish to me. if so, u may encounter buyers if price dips. this could be detrimental to your short. if price moves down, it could be good for about/at least 15pips. just my view

james16 Chart Thread

kdee1, period conversion check here & here.

james16 Chart Thread

Pinbar, is the blue line a divergence line? i think u are plotting that div incorrectly. it looks creative (connecting one MACD low on the left & a high on the right while neglecting/dismissing all the MACD histogram in between that two endpoints), ...

james16 Chart Thread

if u look based purely on the bars, that may be so. but in the context of time, u are comparing two consecutive bars, not two similar bars(similar in time) the BUOB formed before the PB. like i said, with objective comparison, the BUOB was 6th bar ...

james16 Chart Thread

in away, i see what u mean Sir. but dont forget, the longer (time-wise) the range/consolidation = often more momentum built up & released that was a BIG aggregated PB

james16 Chart Thread

Adilius07, 'G bar'= IPB check this post by Ghous.

james16 Chart Thread

(u can use this thought process) if the current upmove continues/trend is strong, then it wont. if not, & if resistance is strong, then it possibly will.

james16 Chart Thread

hey djmartymac, u are comparing two bars from different times. count 5 bars starting from the current bar of each chart. that BUOB is the 6th bar on that first chart. the 5th bar from the right, on each chart, shows a bearish bar. also,must not ...

james16 Chart Thread

Hey Pinbar, i think i caught the 'bar aggregation' virus check out Sir Jarroo's H4 chart above. looks like we get a huge H4 PB if u combine & use the open of the blue candle(first arrow) & the close of the red candle (second arrow). image

james16 Chart Thread

Hey Pinbar, i believe ALL J16 followers know this concept, but perhaps not too subconsciously. like Cyrus said, all the PA setups we use in this thread are very much related & in 1 way or another, mold/merge to form YOU (u are Pinbar, right, lol ...

james16 Chart Thread

there are also 3-bar, 5-bar Pinbars, etc. but that gets harder to identify. it will also lead to over-analysis. 1-3 bar PBs are easier to spot, & we can stop there. i'll try... i think there is no set criteria. u just try to merge 2 (or more bars) ...

james16 Chart Thread

to help (or confuse) u further, u can view it as an 'irregular' or 'incorrect' BUOB

james16 Chart Thread

to me, it seems, the tables have turned. eur strength is greater than aud's. see that rounding bottom around July8 - 13? it turns out it is accumulation (buying spree) before the run up (current uptrend). if u are aware of this, then u know u were ...

james16 Chart Thread

lots of nice posts lately

james16 Chart Thread

it looks like it's plotted from the May21 high

james16 Chart Thread

im not sure it will help... but these links have a list of MT4s. image

MT4 4 digit charts

of course. that's normal. it's called frustration. it's either u work at it hard & long enough or u dont cut it.... unless u are not ready or meant for it.

I hate forex - the truth about gains in Forex