Well said, I'am @ the moment spending lots of hours analyzing and understanding the setups in hindsight and hopefully one day I'll be able to see these setups in realtime and have the confidence to trade them like you do. Keep up the good work ...

My path to financial freedom

update E-A trade — Not much going on after I entered short, just a tiny profit. That daily BEOB didn't provide me with a solid lvl for a sell, switching to a 2-daily TF keylvl are far more clearer. Now we have a 2D-PB with its left eye as our ...

james16 Chart Thread

Thanx for your kind words TJ, but I almost forgot to mention another important point that should've made one to reconsider to sell that PB. Refering to my posted chart of E-C. When price broke that PB, look where price bounched of ...... YES ! right ...

james16 Chart Thread

Hey TJ, I was also looking for an oppertunity to take a shot @ that PB, entry on a pullback as usual, my keylevel was the RNB @ 12900 which had some confluence with a 38.2 fib. to look for a sell PA on the lower TF. Price first broke that daily PB ...

james16 Chart Thread

Cable trade — My cable trade is working out beautifully, PB on the daily, looking for a pullback entry as usual, keylevel would be of course the BRN @ 16000, price gave me my sell trigger via a 1H-BEOB. Notice the strong close of that BEOB in ...

james16 Chart Thread

Hey Aserfbx, Did you trade that small PB on UJ ? Looks like it was a PB on steriods

james16 Chart Thread

Thanx, it means a lot to me when you say that Mike. Since I joined this thread not only my trading skills have improved vastly, but more important I now have the confidence to enter a trade, to pull the trigger without hesitation and fear. It's not ...

james16 Chart Thread

Thanx Mike, for me the most important aspect about those bars is the close of the last bar relative to the previous bar(s) high(s)/low(s), it tells me a lot about the overall strenght of that barcombination. But all in all I use the same strategy to ...

james16 Chart Thread

Yes, it would've been even more beautifull if someone got in @ that nice 4H-BEOB ...............

james16 Chart Thread

In that case a DBLHC is also a BUOB BTW I didn't traded that bar, I only posted it for that Marabozu bar as a illustration

james16 Chart Thread

Thanx Jim, but it all has to do with discipline and applying what guys like you teach us newbies day in and day out how to manage our trades in a sensible and logical fashion. I'am very greatfull for that information you've given us, but it's all up ...

james16 Chart Thread

Very nice 1H-BUOB, where the engulfing bar has no wicks at all, a so called Marabozu bar, you don't see them that often.

james16 Chart Thread

Who said that I've closed my position ............my remaining 1/2 position is still open ..............

james16 Chart Thread

Thanx for the feedback Jim, I agree that higher TF S/R rule and yes we should definitely be looking for a better pair than this one

james16 Chart Thread

Hey 525, 1. I entered on a break of that PB, normally I prefer entering on a pullback but this PB had a lot of momentum behind it so I just entered on a break 2. My SL was a few pips below the left eye @ 8540 3. My first target was the floorpivot @ ...

james16 Chart Thread

update C-J — My reentry of CJ via that 30m-PB has paid me off once again, already banked a bunch of juicy pips on my first position, let the remaining position run to the high of that weekly PB ......... let's see

james16 Chart Thread

Hey Aserfbx I like your BUOB on the kiwi more .......... your small countertrend UJ PB on the other hand is less appealing, if I would trade that PB, then only for a quick in & out scalptrade. BTW. price has just pulled back to the left eye of that ...

james16 Chart Thread

Hey SC my friend, Very alert as usual ........... but it is still 2010 in China though

james16 Chart Thread

Hey Jarroo looks like price is back at the origin of my setup @ 8540 and has found support there via a big 30m-PB........ I've entered for another shot @ that our PB. That 30m-PB is backed up by a 1H-PB.

james16 Chart Thread

Quasi — Here's a live example of a Quasi in action right now on the Ozzie. Price revisits the high of one of the weekly bars in december, the more experienced traders would sell on a touch, I prefer to see some sell PA @ that level. On the ...

james16 Chart Thread