I've read quotes like this many times threw your thread. And I like to hear it again and again because it becomes more natrual in the thought process. When you look at s & r it really helps to tell the story. Thanks

james16 Chart Thread

Technically what is the best way to play a 4hr pin like this one? After posting this I read some previous posts and I think James has answered it on the large part. Any other comments from those familar with James' teachings on playing pin bars is ...

james16 Chart Thread

Is there a way to get the Nzd currencies on your metatrader as well as others if they are not already there. Or does someone suggest another platform to use with mt4?

Adding a new Currency

yes both eur/usd and gbpusd are fully extended for the weeks run. A look at the eurjpy and gbpjpy too. After fully retracing from the beginning weeks run on the short side.

Statistical Probability Trading With Price Action

Wendesday or Tuesday is normally a weekly pivot day for the gbpusd. Last week it did not have a mid week pivot but kept a bull run from Monday to Friday. That is only the 4th time it has done that since Nov. 2006. Haven't yet marked it out for the ...

Cable Update (GBPUSD)

This is where we set this week with it racing toward a new high for the week. If it reaches a new high it voids out the 23.6 retracement that it has already hit.

Cable Update (GBPUSD)

This week the GbpUsd retraced to the weekly fib of 23.6 after last weeks 242 pip run from low to high.

Cable Update (GBPUSD)

Daily fib is only 23 so It on a daily basis should retrace more after the big move today.

Statistical Probability Trading With Price Action

That would be good to look at. Another thing I would like to break out is same week and next week retracements. For Instance UsdCad has hit a weekly range and is at the bottom. I do not know weekly retracements on the usdcad but I have just went ...

Statistical Probability Trading With Price Action

That is good to hear.

Statistical Probability Trading With Price Action

Have you found anything in regards to statistical analysis that helps you to identify trend?

Statistical Probability Trading With Price Action

Updated week ending June 15 2007 unless otherwise noted

Statistical Probability Trading With Price Action

Weekly Average Range (WAR) for UsdChf

USD/CHF

The pink line is the yearly (WAR) weekly average range and the blue lines show the range of motion (ROM) for the year . The (ROM) 12 of the last 14 weeks has been around or below what is now the yearly (WAR). ROM has definetly gotten smaller.

USD/CHF

Closer Look At the Weekly Fib Retracements with the highs of the 4 hr bars being at the 38.2 and 50 Fib.

USD/CHF

Weekly Fib Retracement Probabilities

USD/CHF

There has been no major retracements since the first of the year bearish UsdCad run.

USDCAD trend reversal?

Monthly Pin Forming at the bottom. The grey shaded areas are price action for the summer months of July August & September.

USDCAD trend reversal?

Charts showing daily and weekly retracement probabilities for the GbpUsd. On the daily it retraced to the 61.8 fib because it came within the 7 pip tolerance of the fib level.

Statistical Probability Trading With Price Action

These are the two weeks since Jan 2006 that GbpUsd did not retrace to the weekly 23.6 fib level

Statistical Probability Trading With Price Action