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Bill618 replied Jan 21, 2016GB, Adhav and swTrue, thank you for the feedback, very much appreciated! I see the damn thing did bounce down to near my original target whilst i slept. If only i had placed my S/L at the top of the bar. Only a few days ago i watched a Video of Jims ...
james16 Chart Thread
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Bill618 replied Jan 21, 2016Hi GB. How is it not a PB on your chart? What am i missing here? Bill
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Bill618 replied Jan 20, 2016Hi All, I am learning about PB's right now and this trade below seems (to me at least) to be 'Grade A' but i'm not certain. I would appreciate some comments and advice please. EUR/GBP D1 PB coming off a significant PPZ. Sell order on the break of ...
james16 Chart Thread
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Bill618 replied Jan 20, 2016I don't thinkyou will have a problem getting your T/P. It's just something i noticed when looking left but to be honest i haven't analysed your trade with any real conviction. The bar highs i mean are here (blue area):

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Bill618 replied Jan 20, 2016Well done Adhavan, nice trade
I don't know how you can leave such a big gap between price and your S/L - you must have nerves of steel! Where price is right now (1.60300) there is a whole bunch of bar highs so i hope you get that last little push ...james16 Chart Thread
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Bill618 replied Jan 20, 2016"Oil prices sank to a 12-year low, falling under $28 a barrel in early Asia trade Wednesday, as a glut continues to weigh on markets"... How much lower is Oil going?

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Bill618 replied Jan 19, 2016USD/JPY D1 DBHLC in downtrend. GBP/JPY BO/Short and DBHLC H4 in downtrend. AUD/JPY BEOB D1 in Downtrend.
james16 Chart Thread
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Bill618 replied Jan 19, 2016Nearly there.... Big lesson from this trade and EUR/GBP i was in earlier (110 pip profit) - BE PATIENT! because if i had waited for a bigger retrace, i would have made much bigger profit. Much bigger. Patience is a key ingredient! EDIT: Chickened ...
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Bill618 replied Jan 18, 2016Good luck with it man! I'm currently short on AUD/JPY (shorter term trade) and AUD/USD (longer term trade) so i hope your AUD/CAD heads south for you. In regards to the uptrend channel it had at the end of 2015, it was predictable enough for me to ...
james16 Chart Thread
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Bill618 replied Jan 17, 2016Hi Scott, My personal opinion is that both these currencies are quite weak at the moment generally and it's causing some indecisive, unpredictable movement between the two. In other words it looks to be going sideways. I see a nice box forming ...
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Bill618 replied Jan 15, 2016Disappointed i missed this one. Mega disappointed. Been waiting for days and while i had my back turned....ka-bang! This is the perfect set-up for me. It is the way i trade shares and is so familiar to me - advancing price reaching new highs in X ...
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Bill618 replied Jan 14, 2016I don't know how far the moon is but it's on its way... UPDATE: Trailing stop hit for a quick fire 75 pips. Will look to get back in if the opportunity arises.
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Bill618 replied Jan 13, 2016Yeah man, i caught it
Let me explain my entry though Mike so you can critique me on it please.... As much as i wanted to buy in on the retrace to the now support (and it moved to there perfectly on the 4hr), i wanted to see price get confidently ...james16 Chart Thread
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Bill618 replied Jan 12, 2016Sell limit order placed for AUD/JPY. BEOB in downtrend bouncing off resistance with a RR of 1:4 to the first major trouble area. Travelling a bit sideways at the moment but as long as it stays below the T/L, i'm ok with that. Thoughts anyone? EDIT: ...
james16 Chart Thread
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Bill618 replied Jan 12, 2016Hi fxstart, Firstly, i'm not an experienced currency trader yet but here's my take on this pair.... I'm not sure that you are trading in a box there (see my chart below). It sort of kind of is but not really and therefore for me it would have to ...
james16 Chart Thread
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Bill618 replied Jan 11, 2016Hi Adhavan, When i zoom out like you have, nothing there really interests me. I do see a good support zone though and i'm watching it carefully (see my 4hr chart at bottom). My eyes are not as 'experienced' as others here though. Good luck with it. ...
james16 Chart Thread
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Bill618 replied Jan 11, 2016AUD/CHF BUOB after a decent PB earlier. Missed the retrace though (that will learn me for being impatient)! UPDATE: Decided to sell at the VBRN of 0.70000.
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