I'm not sure about an EA but there are some indicators floating around to pin point some of the PA setups. But IMO, there's no EA that can be created to trade this PA successfully. Discretion is needed for every trade. Tom

james16 Chart Thread

haha. No, not exactly. The reason why we said to ignore Sunday bars, is because for some brokers the Sunday "Daily" bar is actually only a few hours worth of price data. For example, IBFX opens on Sunday at 6pm EST (10pm GMT). But their candles ...

james16 Chart Thread

No problem J2fcm. I'm glad to throw in my thoughts anytime. That's what this forum is all about. Helping each other out. All the best, Tom

james16 Chart Thread

Well, this is personal opinion because every persons definition of traffic may be different. The reason I said it was going sideways in this particular case, is because from about a couple of weeks ago price was in this sideways range. Overall the ...

james16 Chart Thread

Don't worry about it. At least it was demo. This is how we learn, right? Ok, so it was a daily pin you were looking at. I dont know exactly what it looked like on your charts, but on my charts I think I can figure out where the Pin that you're ...

james16 Chart Thread

Hey J2, I'm not sure which Pin bar you're reffering to for this pair because on my charts I don't see one. Possibly a 4H one? And I'm sure there are different opinions on when a Pin bar becomes outdated or no longer valid. I think what you're asking ...

james16 Chart Thread

Hey camptrader, No, you don't need multiple charts/feeds to confirm the setup. Play the signals as you see them on whichever chart you have. Price is price regardless what the formation might be on another chart feed. Most of the time the charts ...

james16 Chart Thread

Hey Mamutot, I'm in short on the EURAUD as well. That Daily Pin from last week was nice indeed. I see the Daily Buy Pin forming today on top of the 365 EMA and I'll also set my stop above the Daily Pin if it closes like that. Tom

james16 Chart Thread

I have a couple of things to add that might help. First, like mentioned above you need to step away from the charts and not watch them so closely. If you sit in front of the screen looking at price go up and down you'll go crazy. But more ...

I got spooked........!

Good luck Mamutot. I'll be keeping an eye on your journal. It'll be nice to see the progression. Tom

Mamutot's Trading Journal

You hit the nail on the head Josh! That's my thinking too. A lot of people who are new to the game, get killed because they have the need to trade. They can't stay aside for a few days when no good setups are coming up. They have to trade something. ...

james16 Chart Thread

It'll be really interesting to see what the JPY pairs do. Continue going down ending this amazing bull run? Or end this retracement and go back up? I dunno.... And frankly I don't care. IMO, at times like these you gotta wait for the market to do ...

james16 Chart Thread

I don't believe IBFX does. Daily bars used to close at 7pm EST but after the time changed for daylight savings time, the bars were closing at 8pm EST (which is still in effect).

Timezone for IBFX

Nicely played Wiz. Good showing of patience. (I'm still working on that... ) I exited my position a while ago for a nice profit. But this thing keeps paying. Tom

james16 Chart Thread

Good job maarf! Keep it up. I hope your trading career takes off. Just don't forget us in here. Take care, Tom (aka Big Tom )

james16 Chart Thread

Personally, I like the AUDUSD monthly Pin bar. I'll take it too if it triggers my order. It's a nice Pin at an extreme high and it's time this pair takes a breather. The swap will be against us, but it's nice to get in on some monthly trades. It ...

james16 Chart Thread

Wow... what happened to the JPY pairs, EUR/GBPUSD, and EUR/GBPCHF today? They just keep falling. I'm taking a beating folks..... I wonder what's going to happen tomorrow. More of the same or a bounce back up? Tom

james16 Chart Thread

Nice job man! It definitely had enough going for it to go up. And sure enough, it did. It was bound to make a move sooner or later I guess. I missed this one but that's ok. I was long on another JPY pair. Keep it up. Those are some big pips. Tom

james16 Chart Thread

There you go. Hopefully it works out man. The only thing that has me a little concerned about this pin is that descending t/l that's been rejecting price. I would've liked to see price break through that before entering. But that's me. I like to ...

james16 Chart Thread

Yeah, you're right Josh. Ranging markets with no clear direction are tough to trade and usually kill people. A lot of pairs are like that currently. So unless you get a clear signal it's best for most people to stay on the side if possible. The IB ...

james16 Chart Thread