My new motto in life. Thank you James16!!!

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Dirk Nowitzki "I had to get a moment. I was crying a bit. I was a little emotional. … I actually didn't want to come out for the trophy, but the guys talked me into it." Well deserved Dirk and Mavs Teammates!

james16 Chart Thread

Thank you for your prompt response SC!! I'm opening/scanning random pair and found this setup.

james16 Chart Thread

I just missed Sir James! Guy's what is your opinion regarding EUR/NZD daily TF. If the BEOB (yellow arrow) just closed below 1.7700, will you trade it? FTA 1.7600?

james16 Chart Thread

Two nice setups here (eur/cad and eur/gbp) which is which?! I'll go for eur/cad coz imo we have ample of space before we hit the FTA.

james16 Chart Thread

Check this out..

james16 Chart Thread

Thank you Jon. Just to be safe and less risky, we want a convincing close above/below the BRN. image

james16 Chart Thread

Thanks KAL and Gunggriffin for your quick response. Lesson learned here, "When this kind of scenario happen, it's only you as trader can answer because every trader has a different risk appetite."

james16 Chart Thread

Guys I'm confused here... Given a scenario when you see a nice size BUOB (engulf few bars) and in a nice location (swing low, major ppz, space and etc) but the BUOB closed just below a BRN, some trader's consider it tradeable just put your buy entry ...

james16 Chart Thread

IMO the EUR/CAD pinbar is small, compare it to the previous bars the pinbar doesn't show much significant.

james16 Chart Thread

And base on your chart the opening price of the pinbar is not within the previous bar range IMO.

james16 Chart Thread

Yeah you drew your fibs correctly. As for the pinbar, definitely is not an A+ pinbar in my opinion. We discuss this setup earlier you can check it out at page 6404.

james16 Chart Thread

Thank you for your quick response bro! I learned a lot. I always forget that to be a technically correct pinbar that the close must be lower than the open when shorting a pair, or vice versa.

james16 Chart Thread

USDCAD In Daily TF perspective — I'm going to watch this pair when the market open. Nice size traffic pinbar, seating on PPZ, we also have a multiple bar lows (red arrows) when the low of the pinbar break, FTA would be 9700? Any opinions guys?!

james16 Chart Thread

I just got lucky with this trade, it almost stop me out. I entered the break of the 4HR pinbar.

james16 Chart Thread

Welcome to the thread Sir!! Anytime bro!

james16 Chart Thread

If I may.. This regards to your second question, usually for 4HR TF 5-12 pips buffer..

james16 Chart Thread

Thank you Sir SC! What's for merienda?! LOL

james16 Chart Thread

Good to know you had a great trade from that setup. Where do we usually put our SL with this kind of setup?

james16 Chart Thread

I spot it on daily Mike! Thank you!

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