Woo - like FX said, big reverse, but any orders hiding behind the 135 and EMA's are currently safe as a bug in a rug... for now. ... Keep your eyes open, Mike is out hunting stops ... ;-) ...

james16 Chart Thread

Joel - I am always here to help. And if you think of it, it was a safe trade... Have you heard the expression "Hum Dinger"? Not the same either - but then again, it IS a good thing ...

james16 Chart Thread

Just something that works as S/R. There are a couple of trade setups using the 365 and/or 150. It also adds a nice layer of confluence. And that is the key - Confluence. This setup may be discussed (?) somewhere in this thread. Anyone have a pointer? ...

james16 Chart Thread

GBPAUD — Here is a pair I rarely trade. The last trade was a dinger! A hourly PB just formed off of the 1.9500 and in the area of some older-than-dirt lows (May of '96). Not going to trade this particular bar, I would rather hit the 4hr or ...

james16 Chart Thread

Anyone can be an Arm Chair Quarterback — So why not me...? EJ discussion whilst I slumbered... I got up this morning and saw the retrace was on. Nice opportunity. Back to the basics - PB off of a minor round number that attracted attention in ...

james16 Chart Thread

ANother day into the dust bin — I did not see the 'mortal lock' trade today. Boo hoo hoo... Mostly eyeballed the 4 hour.. I'll know for sure within the hour if it stays that way. Sheesh - this place needs a couple of Olde English fonts. It ...

james16 Chart Thread

Charts are good. I like charts. But something is missing. I one case you trade away from a wall and in another case, thru it. Are there a few simple rules? A few more charts would be good too.

Exceptional day, will it continue ?

I guess so. Cats taste pretty good. I make a great wing sauce... Beer - one needs beer. And I have some at home waiting for me. The other day he reminded me of a Pin bar. I made some noise that startled him and he shot about four feet ...

james16 Chart Thread

Nice monthly PB in 1993 that paid off well at that level. Price flipping on this is a recent phenomenon starting back in Oct 2008. But hhmm... what will happen next? <shrugs shoulders> Today's PA is pretty limp.

james16 Chart Thread

I have nothing else. All that is left is a sense of humor. That and a cat I really don't like. And the ability to pick on Jim, because he does not know where I live and hence show up at my door and beat me senseless.

james16 Chart Thread

Luca Post up your chart. I have a possible BUOB forming on mine, but the TF's are likely different. For this one on mine - It is about at the bottom of a daily channel , but that channel ain't pretty Is it AT an extreme? No - not good It is on the ...

james16 Chart Thread

I like breakouts, but unlike Mike and others, I only like the horizontal lines for a breakout. I cannot always decide where a TL should go, and it makes me uncomfortable. Trend line break guys are the smart guys around here... In the case of this ...

james16 Chart Thread

Not sure myself as I don't trade IB's as a matter of course. One thing I can point out is that you'll be a lot better off sticking with PB and OB's until you learn them. IB's, to trade well requires more experience and light touch

james16 Chart Thread

Yes - thanks for catching my typo

james16 Chart Thread

Buyer (Seller) beware — of course you might see things different, and you are welcome to. EURJPY - 4Hr (8AM EST Open) BEOB. I love a great OB, but this is one of those I pass on. Not a swing high, not dramatically larger than the preceding ...

james16 Chart Thread

This is PinBar. Tough and hard hitting.

james16 Chart Thread

i don't think we talk about this enough. I will take counter rend trades, but I am pickier about entries than usual and conservative on targets. On the whole, I do not trail a stop, but in a few cases I will. A solid bar, at a PPZ, at a round ...

james16 Chart Thread

Well hey! That's a chart. You can learn something from these. What are the funky green and red lines?

Exceptional day, will it continue ?

Yeah - weird. Mike would also be looking for an eclipse on Jupiter... Confluence. Yeah - whatever comes is goodness. This pair is pretty slow - traditionally speaking. If it goes lower, I'd be interested in where the channel bottom would go. ...

james16 Chart Thread

1,2,3 - A,B,C, baby you and me... oops - I was channeling the Jackson 5. like i said, i hate to take a bias, it messes with my brain, but I am very interested in strong PA at the 61.8 fib shown in the chart, or perhaps as a pullback on a breakout of ...

james16 Chart Thread