Hi, I'm waiting for this last bar to close lower than the previous to form a BEOB/DBLHC, it is located at a good swing high and at a crazy good weekly PPZ, on both the EURUSD and GBPUSD 4H. It's my first time trying to trade on 4H TF and therefore ...

Silent Service Method

You're probably right bundy, I'm lacking sleep too, and an A grade PB will show itself like a sore thumb, after looking to the left, I agree with you, I'll let this one pass (finally). Now... since I've made a dumb statement on my facebook to show a ...

james16 Chart Thread

Yes technically it is a pinbar, I was watching that one too but didn't like the close that is higher than the open, and not to mention the massive bar highs it will encounter when and if it breaks and starts a move down, nice location IMO, hanging ...

james16 Chart Thread

Yes right now I think I'm only waiting for someone to put on a good enough reason for me not to trade this setup. Watching the price moving in a box for these few months, made me think that the monthly ppz has enough power to drive price further ...

james16 Chart Thread

This AUDUSD Setup closes quite well, anyone thinking of taking it? I might, but that 7200 bar highs are a pain to watch at even right now, monthly PPZ might beat them though. Thanks before. Marcel

james16 Chart Thread

Hi Jim, Try moving to Indonesia and you'll save that 6 figures a year you should've paid to the IRS. I think you'll love our tax policy not to mention how you can pay a lawyer to cut it even lower

james16 Chart Thread

Really appreciate it mike, now I know where that "iffy look" is coming from. I thought there was something missing until I see your trendline drawn there, I should've put some on my charts too, I guess, I think yesterday I was putting them on my ...

james16 Chart Thread

I can't believe I haven't read that book yet, I've downloaded it though, thanks for pointing it out forex007. Just like the Big man says, it all comes with account size , for now, just stick to getting a high probability of success

james16 Chart Thread

No problem alter, I'm still a newbie here so I'm really happy to share something I know a little bit about. since I started this method on my micro account I've always entered on the break of the bar, I'm more on the conservative side and always try ...

james16 Chart Thread

Hi there, I'm still a newbie, but IMHO I think we should not pay much or any attention to the news bits out there, I can see for a fact of the USDCAD Weekly BEOB, it's just like someone out there are already preparing for the move they know will ...

Silent Service Method

I've asked about RRR awhile ago and I've got an answer that stated that a lot of Jim's (James16) trades don't have a really good R:R if you look prior to the trade, but due to the statistical facts that even with 3:1 Risk/Reward, with any accuracy ...

james16 Chart Thread

Hi there alter, I've found that seekinglight once stated that pin almost always retraced back to 61.8, others like rac might like to go down into very low timeframes, and IMO, if I would enter on retrace, I'd wait for a corresponding PA on H4, if I ...

james16 Chart Thread

I saw that one too when picking the trade for EUR/JPY weekly, but decided to delete my sell stop order due to the lack of momentum - jaroo discretion, and I've overtraded my risk profile with 2 trades already. And for all it's worth, really, at the ...

james16 Chart Thread

Wow, I really like the algorithmic thinking steps you've compiled, it's short, clear and thorough enough for any newbie to follow. Since we have an algorithm... Now to write the Neural Network required... Just kidding

james16 Chart Thread

It might work, the location is good, and there are confluence with fib levels, and if you look at the long term charts, you might think of this as a signal to continue the uptrend, but I think the 1.24 PPZ is just too tough to fight... and would you ...

james16 Chart Thread

Another fun to watch setup, it's very tempting to trade, but I would hold my guns just yet, quite risky due to the 0.7000 round number. What do you guys think? image I'm still playing with the image size, so please bear with me

james16 Chart Thread

There wasn't anything worth looking today in my charts, unless you combine 2 Day pins, I've found a BUOB on GBPNZD just awhile ago, but that too went bad IMO because it's right under a Weekly PPZ, to view it in a bigger picture, it's more likely ...

james16 Chart Thread

I've just queued downloading for all 7 eckhart tolle's audiobooks!

james16 Chart Thread

That has opened my eyes Jig, thanks, I think I have a bad habit of limiting myself to a certain degree, it's time to head back to fiji's section I think, and I'll look into Tolle.

james16 Chart Thread

Yes, I agree, I think I'll try adding them and see what happens in the long run, although backtesting them would be almost impossible without buying forextester. Thanks simon

james16 Chart Thread