nice pinbar in a downtrend. cmg on weekly.

james16 Chart Thread

i would definately wait for confirmation by a candlestick-setup; like the buob at the first touch of the support. the last down-candles look very powerful.

james16 Chart Thread

eur/nzd possible turn-around at brn, fib and former support.

james16 Chart Thread

two more setups for next week: vmed and kmb.

james16 Chart Thread

things like pinbars, dbhlc, beob and so on are easily visible. no need for any indicators. imho

james16 Chart Thread

off topic and not related in any way to the "james16-method of trading": this is what i posted on a different thread about a month ago: "something which worries me about the movement of gold: in the last weeks more and more people are asking me ...

james16 Chart Thread

some setups for the next week: weekly charts from gbf and dpw (germany).

james16 Chart Thread

german jen (jenoptik). there is a monthly resistance at 6.65 euro, too.

james16 Chart Thread

german bdt on weekly. despite a negative week on german fdax, bdt is showing relativ strength. a break through the 62.50 euro will be a trigger for longs.

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eur aud daily chart. i will look for a setup here.

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cbs on weekly. good looking pinbar at a swing low in a major uptrend. high volume in the pinbar indicates strength in background.

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bax on weekly. what i like here is that once the breakout is triggered, you can put a stop just below the 60 usd. so in case this trade goes against you, the loss will be small (well depending on the quantity of shares, of course).

james16 Chart Thread

tsco on weekly. amazing uptrend (whicht started at 1 usd in 2001). good breakout above 100 usd.

james16 Chart Thread

myl on weekly and monthly. 25 usd as a trigger for longs. although volume is in a downtrend on the monthly, making the breakout a little more difficult.

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linta on weekly. there is an important resistance zone at 19.60 to 20.00 usd. above ~19.60 usd this may explode.

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honeywell (hon) is waiting for a breakout around the 62 usd mark...

james16 Chart Thread

german siemens seems to be on its way to the next box.

james16 Chart Thread

daily pinbar at daily hcr on sp500 emini. the index is in an overall uptrend, so be careful and put your stop above the high of the pinbar.

james16 Chart Thread

just one observation from my side: what we have here is a retrace from the midpoint of the box. price often seems to retrace from that point. this is also something mike speaks about frequently.

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can someone please put this setup in the textbook....

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