markmm, the upmoves happened quite fast. retracements are always inevitable.

james16 Chart Thread

adam777, yes, several here use IBFX, Alpari, FXPro.

james16 Chart Thread

g_j_hook@yah, on that note, yes, M5, M15, H1 & H4 show possible retracement. Let's see how long it lasts...

james16 Chart Thread

kk007, if u want a GMT +0 chart, look for an MT4 with such timezone. I think IBFX & Alpari are both gmt +0. (not sure now that we have daily savings time?) with the james16 method, timezone does not matter.we trade the PA we see in our charts, no ...

james16 Chart Thread

jarroo. Feels like 0.86 - 0.8650 is achievable near-term. Massive bearish divergence on MACD on the daily. Let's see how far the weekly BEOB's influence goes.... Mean time, 0.8730/40-ish (PPZ from as recent as april1, & as far back as ...

james16 Chart Thread

Thanks, perfectly agree with you here. & patience is my new friend/pet for several months now (as opposed to my Impatience beast which very much ruled most of my life, not just in trading).

james16 Chart Thread

jarroo, i know that fully well. I see u say that several times & it acts as a constant reminder. Thanks for this post, it's a confirmation that i could say acts as a "boost in confidence" within me, that u (like me & several others) are ...

james16 Chart Thread

jarroo, exactly, Sir. thanks for the affirmation.

james16 Chart Thread

c'mon ephisi (the protege of Auslanco )... seriously, if u are a J16 toddler, then that makes me a J16 blastocyst (akin to an unfertilized egg). this james16 method is definitely something. it's really simple, yet it's great we get to find, ...

james16 Chart Thread

jarroo, specifically referring to the emboldened phrase above.... do u often trade these particular setups? i mean, it's a "non-strict" swing high (referring specifically to the chart mentioned), correct?

james16 Chart Thread

adam777, save the best for last. I super strongly recommend/suggest: combine jarroo, mbqb11, raczekfx's methods try it, get good at it & then come back here after 1 - 3 years, tell us what happened

james16 Chart Thread

wow, thanks a lot jarroo. ephisi, I know u wouldn't go long there, as per your system. but the PB is bullish (but like i & jarroo said above, it can be deemed as neutral), plainly looking at it (the "lower" tail is longer than the "upper" ...

james16 Chart Thread

excellent, concise post jarroo. ephisi, look at the 2nd chart of that post mentioned by jarroo. the Apr5 PB & Apr27 PB (the dates may be incorrect, i just eyeballed the chart) are great examples of a distinct swing hi & low which i was ...

james16 Chart Thread

i usually take on several things at a time, that i end up doing nothing productively. usual jack of all trades Hey, your charts are great. simple, clean lines, easy to interpret

james16 Chart Thread

ephisi, I can definitely understand why u deem 151.49 as a swing high. but here in this thread, swing highs & lows are only called swing highs & lows if the price is distinctly apart from other bars/candles, that is, the bar/candle is distinctly ...

james16 Chart Thread

ephisi, just finished the post above. just noticed jarroo already had a reply on. I'm saved. thanks jarroo i see him on the Auslanco thread too.

james16 Chart Thread

ephisi, on your second chart/post, it's a BEOB. BUT, it's not at a swing high & it's in a range. Sometimes it (this particular scenario of BEOB) is tradeable, imho. but bear in mind, BEOBs are traded at swing highs in the james16 method. (Sorry, i ...

james16 Chart Thread

g_j_hook@yah, LOL. i didn't include details as this was about a 1H trade back then. The senior traders might spank my a## for that. & specifically, to avoid confusion in newer traders' minds, as we mainly talk H4, daily & up charts here. ...

james16 Chart Thread

ephisi, hmmm. another james16 lurker? Welcome & great 1st post. regarding the PB (pin bar), are u referring to the bullish PB, the second to the last bar/candle? (bullish PB = the tail/nose is below & price is expected to go upward; opposite on a ...

james16 Chart Thread

adam777, depends on your risk profile. Do u normally this way? if yes, then it could be normal, not aggressive for your taste. if not, then it could be deemed as aggressive. are u on demo or live? beware of possible immediate roadblock at 0.87, ...

james16 Chart Thread