I just took a position in USD/CAD. A BEOB forms around BRN 1.1 and closes far away from it's former consolidation. Before price can take out the high of this BEOB, it would need to go through 1.1000 again, which lines up with the 365 EMA and 4 close ...

james16 Chart Thread

Because of the issues I mentioned, I entered a slight bit lower on the following setup: image The entry is at 1.0976, where I would have entered at 1.09972 (50% retracement of the immediate move). W

Journal/Archive

I've been having some issues with the oanda login page. The problem is in my own system tho, as my backup PC logs in just fine. Does anyone know why the oanda login page is sometimes rejected? Sites like google for example are also blocked, yet ...

Journal/Archive

Also, read Post #1 carefully, there's tons of valuable information embedded in this post. Recently 'Lamertrader' Compiled the J16 charts that were posted on this forum. Have fun and I wish you good luck on your journey! W

james16 Chart Thread

Here's a setup I found recently, that I'd consider A+. I was away when it formed, so I didn't take a trade on it, but since I was already positioned, I did move my stop up. (I also placed a pink arrow where a BUOB is forming, but it still needs to ...

james16 Chart Thread

Locked in slighlty more profit. SL is now at 0.7997, 25 pips of profit. Next SL move will be at a daily close above 0.8230 Chart: image W

Journal/Archive

My position in EUR/CHF was closed for a small loss of €0.17. I had moved the stop to 1.2205, looking for 1.22 to hold, but in retrospect, I could have left a little more breathing space for this position, since the 'left eye' of the daily pinbar had ...

Journal/Archive

Hi Bogi, Thanks for taking an interest in my journal! You're right in concluding my focus is on the larger timeframes (MN/WK/D1/H4). If there's anything you think is worth mentioning, don't hesitate! I'm very eager to learn and I firmly believe I ...

Journal/Archive

This has happened since my last post: USD/CHF: Short position entered & exited. CAD/CHF: Long position opened. EUR/CHF: Short position opened. USD/CHF Short from 0.8850 (tp: 0.8800; sl: 0.8885) image I entered on a retrace, but when selling came ...

Journal/Archive

Closed my position in USD/CAD. I had 2 trouble areas plotted for this one, which it both reached and then some, but then I moved my SL to break even and price retraced a lot. My SL was nearly hit, and the following period filled the wick. As price ...

Journal/Archive

Position ended in a full bar loss. What a fucked up thing this is.... This position was already a sort of 'stop&reverse' scenario, which I why I was very hesitant to stop it again because of the pinbar that formed right after the break. The fact ...

Journal/Archive

You bet I was looking for this! Thanks a lot for compiling this!! W

james16 Chart Thread

Albus, I've just finished digitizing my cheatsheet. I've used notepad, because I'm not a big fan of word (working with it that is). So if you want to transform this thing into a .doc or excel, be my guest, but please post it here, so I can use it ...

Journal/Archive

Hi Albus, I'm glad to see you've taken interest in my journal. As you can see, I'm far from doing everything right. As for the 'cheatsheet', I've made a sketch on paper, but I haven't yet found the time to digitize it. Been increasingly busy in real ...

Journal/Archive

AUD/USD order was triggered overnight, but retreated after .9 was hit, basically what I had in mind with the recent AUD/USD long. TP is fairly close, so even a Pinbar poking into .9 a sufficient distance, would effectively cancel out the results of ...

Journal/Archive

Hi TG, Don't take my word for it, but looking at that chart, i'd say that the pinbar 2 bars before your buob is a minor swing. I dont think the BUOB is at a swing, rather it is it's own swing. I think it happens quite often that a pin forms a swing ...

james16 Chart Thread

Price managed to close strong below 0.91, so I decided to exit the trade. I took a new position short, since the area is still of great interest and a BEOB formed. image Stop on USD/CAD was moved to break even. I'm looking to hold this one until ...

Journal/Archive

Limit order for AUD/USD at .9015 was triggered. I'll be look to exit if price manages to close below .91 strongly on a daily basis. Stop loss is at .8980 safely under BRN .9. I'll be looking to cut my risk if price touches .9150, to BE, or slightly ...

Journal/Archive

AUD/USD did close above the HCR last night, and since thte setup is still valid, I placed a limit order at .9105. Price has moved towards my entry overnight, but entry order was missed by 0.2 pip. Limit will remain open until .9150 is hit. Chart: ...

Journal/Archive

First thing that you should definitely do if you're serious about getting into this method is going back to Post #1 There are a lot of links to be found after reading the first bit. All of them are invaluable posts to build your understanding of the ...

james16 Chart Thread