Mike (and all other breakout traders), I've got a question to you regarding breakout trades with retest of the TL/PPZ. I'm sure I have read the answer somewhere on this thread or have seen it on your chart multiple times but I can't remember. It ...

james16 Chart Thread

I laughed, I was entertained and even a bit ashamed. Thanks for this informative post, joelcf.

james16 Chart Thread

I think it's only a PB by proxy with a lower close. I'm not convinced by the end of the downtrend. So I would not expect it to go beyond my 3rd TA.

james16 Chart Thread

Congratulations, all you guys probably would have made money on this trade. It fell through the FTA(s), 2nd TA and even hit the 3rd one on my chart. In the end it closed around 2nd TA.

james16 Chart Thread

Taz, do you mean the one on 4h? Planning your trades and trading your plan is a good way to overcome fear and greed, yes. Still some people might be better off by letting off steam on a demo account and while backtesting. I was very picky in the ...

james16 Chart Thread

Hey Mike, that's not an uncommon problem I guess. I've been there and still am somehow. You can overcome this by lots of demoing/backtesting and so letting off the steam of fear and greed. I think it's a process most traders have to go through (and ...

james16 Chart Thread

Is anyone in for another round of WIPG?

james16 Chart Thread

Nice! Thanks, PB.

james16 Chart Thread

Hey Taz, do you mean these two bars? In my opinion they would not count as a 2d PB as the close of the 2nd is not within the bar preceding these two. I'm taking a walk now. See you later.

james16 Chart Thread

At least I picked the right direction. lol.

james16 Chart Thread

Damn good analysis, 666doom. It reminds me of getting more into detail with my own charts.

james16 Chart Thread

I think it's going down. * It seems to fluctuate around 90.00 which now acts as resistance. * The latest move (as well as the chart in general) shows downward pressure * The preceding bar closed beneath the low that happened about 3 weeks ago.

james16 Chart Thread

Here's another one. Where is price going? Just about to solve your puzzle, 666doom.

james16 Chart Thread

It's like checking all the numbers on your lottery ticket, isn't it. You're right, a man has to make a clear decision: I think after a small retrace it is going down. Have a nice day, PB.

james16 Chart Thread

Here's what happened to the PB I posted. You're analysis was pretty good, PB. The setup did what it had to do and then continued its way up to the 365EMA.

james16 Chart Thread

I think price will at least reach my FTA and then 1. either go up to the 1.45 area or 2. down to the BRN 1.4 I somehow tend to the downside b/c the BUOB didn't make a clear close above 1.43, we saw some bearish PA in the past and have not reached ...

james16 Chart Thread

Like butter, what a nice move! Here you go:

james16 Chart Thread

A reasonable point. Plus the latest PB had its close higher than its open. Nevertheless, I still vote for a further decline. We saw a double top and serious fight between bulls and bears up there followed by a strong downmove. The preceding PB and ...

james16 Chart Thread

Ah great, another round of WIPG. Here is my take: The first yellow horizontal line is just something I would be aware of. But I'm pretty sure price has enough momentum to pass right through it. After that I would either expect: 1. a move to the BRN ...

james16 Chart Thread

Another possible range breakout with retrace on EJ. (My last posts are by no means recommendations, just some self-talk and practicing those nice little boxes PB shows us .)

james16 Chart Thread