Second bar close MUST be above than the high of the previous bar.

james16 Chart Thread

You are right , you don't need to know in advance if the bar is going to be a trend bar or not. What i m saying is your core strategy must be able to catch most of the trend bars , if not all.

james16 Chart Thread

image

james16 Chart Thread

What i meant was , you need to learn to trade ONLY trend bars. Right from top to the end. if you try and trade every situation or PA you will not be consistent. Look at it this way, if you trade doji or non trend bar you will break even or lose most ...

james16 Chart Thread

8700 was not a good support at all , in fact there was no support at all. i looked all the way back to 2010. But 8650 was clear support and obvious on weekly. So how do you say obvious support at 8700. Feeds may differ , but not that much. Yes ...

james16 Chart Thread

Uploading a very important chart that could help few traders out. I m sharing a part of my overall strategy. This should get you started and get you thinking.. image Hope it helps.

james16 Chart Thread

My charts are for more intermediate and advanced traders. Apologies to newbies, you should not be trading like I do when beginning. Now for the more advanced practitioners of PA. you can see clearly the reasons. Its not rocket appliances. Weekly ...

james16 Chart Thread

I would , but then you will not learn.

james16 Chart Thread

AUDUSD - Can we get a runner. BE for now.. image

james16 Chart Thread

Good job FxBat.

james16 Chart Thread

My Euro trades....All BE now. EURUSD image EURAUD image EURJPY image

james16 Chart Thread

Still a long way to 6150...

james16 Chart Thread

Neytiri , you are too kind . I m no senior. Mike and FxLester will shortly answer it. But i my humble opinion , i would wait for a bounce and nice PA @ 6150. if it doesn't then we are still going down...

james16 Chart Thread

you understood it correctly. Its no rocket science. We are in downtrend and TT just below the Weekly resistance. Like i said earlier step 1 : watch the higher TF context(trending or non trending) step 2 : find the location(PPZs) step 3 : either ...

james16 Chart Thread

Anyone caught this fine setup on EUR/USD - BE for now. image AUDCAD BE for now. image

james16 Chart Thread

Yes FxBat, you said it correct. The reason most people did well this week was because most pairs are trending this month. This was not the case for past 2 months where most pairs were in range Except for some JPY pairs. This is where the biggest ...

james16 Chart Thread

Finally got a chance to BE on NZDCAD image GBPUSD doing its job. BE on first entry. Waiting for BE on second one. image

james16 Chart Thread

Yes Stop was just below the 50% fib and also because of the spread. Many times i have been taken out because of the spread and then price moves in your favor, like it did now.

james16 Chart Thread

No TP set. I m going to let this one run for a while. It has retraced from 50% of swing and we are in uptrend. So lets see how far we can ride it.

james16 Chart Thread