Also closed at FTA for a small profit, glad I did close my position, at the moment there seems to be some positieve divergence between price and RSI, that could mean continuation of the downtrend, lets see.......

james16 Chart Thread

Already in loss ? Didn't you manage your trade accordingly when price came in close range of that PPZ. That PPZ is a very clear, crisp PPZ @ 8335-ish. You shouldn't be surprised when price reverses when it hits that PPZ, a sensible trader would then ...

james16 Chart Thread

Not only him, a lot of the other guys who used to post here when I joined this thread in august seem to have stopped visiting this thread, maybe they all have become succesfull traders now thanx to this thread

james16 Chart Thread

Thanx for the feedback J, yes this trade was a perfect example of the power of multi-timeframe analysis. That whole downward movement was triggered by that pullback 30m-BEOB, although 30m-TF is shorter term, moves that occur in the higher TF or long ...

james16 Chart Thread

Well at the moment she's not going anywhere. Price is stuck between the highs of 2 weekly bars, upper rangelevel is also the high of a weekly BUOB @ 8200 and the lower rangelevel is the high of previous weekly bar of that BUOB. So the questions is: ...

james16 Chart Thread

Closed N-J trade — Price has hit my buy limit @ 6200 and closed my remaining position. At 6200 there's some support confluence via a up-TL, 50% retracement and 150 SMA also previous consolidation could also provide some support.

james16 Chart Thread

Update longterm N-J trade — This trade is really going my way, I sold the N-J last week on a pullback of a 4H-BEOB via a 30m-BEOB. Look how we started with a 4H-BEOB, then price gave us a daily BEOB and finally price gave us last week a weekly ...

james16 Chart Thread

Thanx J, especially that first post made me smile

james16 Chart Thread

Yes I see, so looking at the posted chart of the E-C, the triangle would then complete the story of the BEOB-continuation setup.

james16 Chart Thread

Hey Jarroo, got a question for you... Today my tradingsoftware generated on most of the major pairs strong BEOB's, but the positions of these BEOB's were not at swing highs. Normally a BEOB's can be traded as a pullback pattern (@ swing high), ...

james16 Chart Thread

A nice, complete, overall very good analysis

james16 Chart Thread

Nice one, Aserbfx, will keep an eye on that one

james16 Chart Thread

Guppy trade — CT 4H-PB of G-J has hit my final taget @ RNB 13200. Nice PB @ double bottom @ 13100, divergence RSI. 4H-PB closed on the 15m-TF as a 15m-PB, which was also my buy trigger. Quick, nice and easy trade

james16 Chart Thread

The entry was also very near a weekly PPZ/RNB @ 8600, I think Adi traded right into this PPZ.

james16 Chart Thread

Oppertunities everywhere today, I need another pair of eyes:nerd:

james16 Chart Thread

Thanx, its funny when you take a look at the kiwi, identical setup like the one on the N-J.

james16 Chart Thread

N-J demotrade — My N-J demotrade of a 4H-BEOB engulfing mulitiple bars, is working out quite nicely, close could've been better (below 6450 outside that box). As usual entry on a pullback to one of the bar lows. The 30m-TF gave me my sell ...

james16 Chart Thread

Try wearing sunglasses in the evenings, I know it sounds stuppid but it filters out the with background.

james16 Chart Thread

Hey Jarroo, that 1.3750 was also the high of a weekly PB from last week. Price validated this PB today by breaking it just slightly, that 1H-PB was for me the trigger for a pullback trade of that weekly PB. That pullback could bring price back to ...

james16 Chart Thread

update oil — Closed the oil trade, a 1H-PB @ RNB 8100 made me close my trade also oil has moved beyond its ADR. The 1H-PB also offered a nice oppertunity to reverse the trade for a ride to 8150.

james16 Chart Thread