Yes balloon the SR area was not strong as while i slept this pair tracked north and hit my stop for a loss. As this pair moves on over the coming days/weeks, my post-mortem analysis will show in more detail where I went wrong. The biggest issue I ...

james16 Chart Thread

Hi balloon, I believe that there is a resistance area around the 121.50 - 121.70. Are these significant numbers?.... Nope. Meaningless numbers where price is hitting a wall. I believe support has now turned into resistance around that area. Question ...

james16 Chart Thread

CHF/JPY box breakout. On the lower TF's, resistance has been tested a few times now so a Sell order placed on a retrace (a little late getting on this one so sell price not as high as i would have liked). My 1:4 RR may be a little ambitious but i'm ...

james16 Chart Thread

I didn't think I would trade this week.... ....just one! D1 CAD/CHF DBLHC coming off support/TL. Now a BUOB has formed also. Will trail my stop up if possible. At BE now and hoping to reach the 90pip target. @GB, that's nice profit at 1.48000, great ...

james16 Chart Thread

Just back from a small break and going on another one shortly but i just can't stay away from this thread for tooooo long. Thanks Mike and Inc for the kind wishes. GB, my feed shows this pair in a general downward trend but coming up off of the ...

james16 Chart Thread

Ok, thanks M and Z (sounds like a James Bond movie) for the 'Festive Season Trading' heads-up. I will suspend live trading tomorrow but keep abreast of things for the rest of the week and next to get out of some housework for learning purposes... ...

james16 Chart Thread

Hi All, A question for Mike and others who have many experiences of currency trading through Xmas/New Year.... Is it worthwhile during this festive time to trade or is it too unpredictable and volatile? Are there any unusual dangers to trading for ...

james16 Chart Thread

If it bounces off the T/L, the first issue will be getting through the Very Big Round Number of 1.00000. Once through there it may stumble at the top of the box (which is the 2nd resistance area). Note that the top of the box is not set yet as there ...

james16 Chart Thread

PA is certainly at the heart of my share trading. If you're a technical trader (I know that's you) it's at the heart of all your trades. It's where the fundamentals we don't bother with are all wrapped up in and more. So yes I am really hoping it ...

james16 Chart Thread

And therein lies a big difference between fx and shares. Everything with fx seems to happen a lot faster, much more volatile (and that can be quite exciting I realize). I would guess that 95% of the charts posted on this thread and others like it ...

james16 Chart Thread

Yeah I am still trying to get my head around this info from you and others that fx trading is the same as simple plain old share trading. At the moment I see them as polar opposites however I trust with more time and experience I will see the ...

james16 Chart Thread

Ok thanks Mike.

james16 Chart Thread

Mike, a few questions about the "live trade calls" you will be making on the new website please. 1. How many per day/week will there likely be? 2. What time of the day/night are you most likely to post these trades? You are NY and I am Sunshine ...

james16 Chart Thread

I agree (on both counts)

james16 Chart Thread

HaHa, I think there's likely to be dozens if not hundreds following this thread that would like to be the lucky ones anti (me included btw - just saying). This is like Charlie and the Chocolate Factory. "I've got a golden ticket, I've got a golden ...

james16 Chart Thread

NZD/CAD BUOB on D1, H4 and H1. I took profit from this one earlier in the week but in hindsight should have stayed in and saved myself some brokerage I may have moved to BE a little early but it's hard not to when it's up 50 pips. I may also move ...

james16 Chart Thread

Here's one to keep an eye on for later in the week or next week peeps. AUD-JPY BUOB/DBLHC on the WEEKLY. It's retracing nicely towards the safety of the (so far) reliable support in a general uptrend. I will look for some confirmation on the lower ...

james16 Chart Thread

That's pretty much it Gregory. From my inexperienced observation, when I zoom out and look at the bigger picture and i see what is by definition a swing high/low, it is almost always at trendlines/PPZ's/BRN's etc., which are all forms of support and ...

james16 Chart Thread

CHF/JPY BEOB on the H4. Price is at a resistance area and in a downtrend. Will be watching carefully as it approaches the first significant trouble area (blue line). Will endeavour to get to BE before then. See how she goes....

james16 Chart Thread

Possible trade for me. EUR/CAD D1 BUOB. It's a solid downtrend but the BUOB is more than solid and perhaps strong enough to counter-trade successfully. Will keep an eye on this one but needs to come down to and bounce off of the T/L ...

james16 Chart Thread