Thanks for your help, Jim. Yes 111.00 was my objective. On my 4h chart there's a gap over the last weekend (see chart). Do you pay attention to those unclosed gaps when considering possible TAs? Hi feri z kosic, I can't see any price action on your ...

james16 Chart Thread

Hello, after some weeks of much work and only a few minutes a day to look out for trading opportunities (and follow this thread) I finally took a trade this morning: EURJPY Daily Pinbar :: Entry below PB @111.56 Pro: significant monthly/weekly PPZ, ...

james16 Chart Thread

You're welcome! I like the colors of your chart. I think I'll give white a try. By the way, tomorrow is bank holiday in many european countries (GER, F, CHF) and Canada.

james16 Chart Thread

A nice side-effect: By preparing those animated GIFs I get aware of my own thought process and internalize it a bit more. It's like writing a trading diary. I highly recommend it. Thanks, PB. It's great to hear that it helped you!

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Well, I'm still experimenting. But it's easier for me to just spot the most important ones on the monthly and then move down to the weekly and daily. This way I don't have to worry too much about missing some minor PPZ. If they are of greater ...

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Hi PB, I hope you don't mind me joining in.

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Very much so. Thank you, sir! You're right, Pinbar. I did not even notice that. Hey jarroo, first of all thanks for your great explanation of a strong move. With that flashing and animation: You just need a free GIF animation program ...

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I did it with ImageReady. But I guess there are good free GIF animation tools out there. Yes, adjustment on lower TF helps a lot.

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Sorry, I forgot to attach the chart. Here it is. Thanks emiliolopez. You are right some of the PPZs don't fit so well. It' good to swith timeframes and do some adjustments.

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That clears it up a lot. Now I understand why the first PB was an easy pass. But what about the second? Is it the way how it behaved on smaller TF?

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Hi pinbar, I'm learning and struggling with PPZ myself. On some messy charts lines make it nearly impossible for me to spot those price flips. So I turned to drawing boxes/zones instead. Maybe this could help you too. I depict my approach in the ...

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What makes a move look strong/weak? — Hello jarroo, this is one of my blind spots yet. I surely can tell a very strong from a very weak move. But identifying the ones in between is a real problem for me. The downmove preceding the 1st PB on ...

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Hi Daneel, when I started trading about two years ago I opened up a 50$ account on eToro. I grew it to about 800$ in the first two months just on 5, 15 minute charts. And I thought: I have done it! I am one of those lucky few who can trade ...

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When I read "tight stop" I thought of a tight initial stop loss. Now I understand. Thank you!

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I got a question to all of you: When speaking of "tight stops" do you mean reducing the risk (e.g. 2% to 1% of account) or do you use tighter stops (less pips with full 2% risk) whenever you don't trust the setup so much and are prepared to exit ...

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@Pinbar: It's great to follow your posts in this thread. I learn a lot from your progress and questions. Keep up the good work!

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Apart from a not so long nose I found this PB on the daily AUDCAD working out nicely: Pro * Retrace to PPZ after range breakout * The former range was delimited by the EMAs on daily chart. So it is an EMA break as well * Price got back under the ...

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Gosh! I did not even think about it when taking the trade. Thanks for bringing that up! I'll add this to my "Don't forget"-list.

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Thanks for sharing your experience, Mike. You are right, I should have taken profit much earlier.

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First of all, thank you mbqb11 and Jarroo for commenting on my last breakout trade! Here's another trade I took yesterday: Pro: Daily BEOB on EURUSD below BRN 1.3000, Weekly Pivot, 50%-Fib of last downmove, very minor (red) and major (yellow) PPZ. ...

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