GBPCHF — price approaching demand zone. A question for you guys. Do you all consider the blue boxed area the origin of the demand? Or would you consider the area right above it as the demand zone which directly 'led' to the huge upward move in ...

Price is everything

eurchf short entry — supply level from rally-base-drop on left. pinbar rejection off supply zone. macd divergence.

Price is everything

Hey Blue, Thanks for the affirmation. Really helps a lot when i trying to refine my trading strategy. Thanks!

james16 Chart Thread

backtesting (NZDJPY) — Hey guys, Was backtesting and saw a pin on the NZDJPY. Swing low, rejected off RN 59 and 60 + ppz. Trading into the 61 as the FTA followed by the blue box. It doesn't seem worth it if I were to be conservative and risk a ...

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Hey SC, the break of the pin was about 15 pips from the PPZ. Yup it did touch the zone and retraced, except that it retraced very slightly earlier than I had expected. Not too sure if i'm thinking too much, but for cases where you guys mark out the ...

james16 Chart Thread

GBPUSD H1 pin — Hey guys, Was backtesting and saw this pin at a swing low + off the ppz on the H1 GBPUSD chart. I anticipated price to push back up to the 1.5867 area which was the next PPZ level i identified. However, price did go in that ...

james16 Chart Thread

Ahh okok, ill backtest and see how it goes. Looks really interesting

james16 Chart Thread

Hey Mike, very interesting strategy there. I saw James' charts on it but wasn't sure how to play it myself. What other factors do you look out for other than having at least 3 bar highs/lows? Does location and confluence play a big part here? Also, ...

james16 Chart Thread

question on BEOB — Hey guys, When looking at BEOBs, does it matter where the open of the bar is? For example some BEOBs have their open and close near the low of the bar, but due to the volatility of the trading, it ends up being a big bar ...

james16 Chart Thread

Okok thanks Mike and Jonny!

james16 Chart Thread

Ahh okok. So am I right to say that location would be more important than bar structure? For example, I spotted this DBLHC on the CHFJPY pair (h4 timeframe). So although its at a swing low with a large DBLHC, its trading right into the blue ppz ...

james16 Chart Thread

Hey Mike, So if the BEOB closed near its low you would have taken this bar despite the blue box of consolidation on the left?

james16 Chart Thread

GBPCHF H4 BEOB — Hey guys, I came across this BEOB on the GBPCHF pair that engulfed 3 previous bars, at a minor swing high with ppz and 1.530 confluence. However, it was trading right into the little consolidation as shown by the blue box. ...

james16 Chart Thread

Hey Mike, thanks for the very quick reply! I didn't execute this trade. Was just doing some backtesting. Sorry if I didnt mention it hahah. Not going live till i'm absolutely confident with trade management like this.

james16 Chart Thread

Hi guys, I've been learning how to trade with tighter money management. I recently saw a pin on the USDCAD Daily which may not be the most ideal but could potentially be good for a short profit to the 1.0100 level as shown in the charts. I then went ...

james16 Chart Thread

Hi Mike/Damien, Mind if you elaborate more on the 'three distinct touches'? Didnt quite get that part

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Ahh okok. Would you mind if you explained how you managed your entry on the retracement (looked at lower tf or something?) instead of entry on break?

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Hey Osman and Dv, Got a question on this trade. Where did you guys set your FTA? I was looking at this pair and thought that the FTA was where Dv entered the trade (the green-dotted line i suppose) lol

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LOLOL didnt notice that too hahaha. Thanks for the advice Albatross and Bluetrader!

james16 Chart Thread

Hey forex0908, On first glance I see a double top with the pin at the swing high. Throwing in MACD I also see a divergence. Based on your chart alone (assuming I ignore the bars after the pin), I see an immediate FTA at around the 1.5740 level. But ...

james16 Chart Thread