Hi Baavgai, GB used the inside bar, that broke out to the upside. Inside bars (IB's) can be quite tricky as any regular here would tell you. They work particularly well if the location of the IB gives you a directional bias, (e.g. sell IB's on the ...

james16 Chart Thread

hey all, Nice setup in the works for USD/ZAR: image

james16 Chart Thread

GBP/USD H1: image Just missed on a fourth approach to the TL on top. I'm watching this for Bullish PA.

james16 Chart Thread

He Mike, Would this be an area where a pre-emptive BEOB - even on lower TF's - makes a good setup? I'm considering to short PA short from under this TL, does that make sense? image ...

james16 Chart Thread

I think this is a nice confluence area to watch for retrace to get short.: image The H1 localizes the TL neatly; it broke, reached FTA and is now retracing.

james16 Chart Thread

Careful there Adhavan, We're still very much in a very big Pivot zone: image IMO, better to wait and see what transpires for now. Edit: The trendline ahead, I'd like to see broken, before going long here. image all the best, Donaciello

james16 Chart Thread

he again, Just entered this wick-play: image

james16 Chart Thread

Yellen is set to speak in about half an hour from now. I've pulled my orders for now and will keep watching the USD/X closely. By the way; a while back the USD/SGD made this great Daily BEOB @ swing high, strong close etc. did you take it? I ...

james16 Chart Thread

Hey Mike, I've been looking at most of the setups you posted here as well. Now that USD/ZAR has it's lows taken out on the H4; I was looking at USD/SGD. It doesn't really have as high a yield as ZAR, but a similar chart setup. Is that a correct ...

james16 Chart Thread

USD/CHF has been in a very tight range below .98 ever since it broke the upper box on the chart below. I'm looking for bearish PA from the S/R area .98 image Have a good day!

james16 Chart Thread

I think it's quite risky, given the location and the green close of the pin. image

james16 Chart Thread

I see your point now. Actually the massive bar-size, the strong/sharp uptrend preceeding it and the location of the close making for a good R:R, were my main considerations for taking this trade. I looked to see if it gapped open much, but it didn't ...

james16 Chart Thread

It's a special occasion you've highlighted there. Nothing wrong with that ofcourse, but I think the SNB surprise-intervention is but half it's story. The 1.2 level on EUR/CHF was packed with stops underneath and it was no real surprise to a PA ...

james16 Chart Thread

That seems to me like a wick-play that would've worked (BE at least) Am I missing something on the chart, because I can't really figure out what the lines are for, or the arrow.

james16 Chart Thread

He guys, Anyone who went for this [weekly] Wick-play on EUR/NZD? image I'm also looking to trade the TRY/JPY pinbar on a retrace, so I can keep risk tight: image

james16 Chart Thread

Hey guys, AUD/NZD is showing a good area to look for PA. Both the H4 and the daily look good IMO: image image I've got a TE attached from a (O@nda) FxTrade-demo platform. Without selecting a broker, I get the option of FxTrade/MT4, none other. I ...

james16 Chart Thread

If nothing else, you'll get a recipie for cooking 'the books'

james16 Chart Thread

That's correct, and it appears A/U has lot's of room to fall, but it's been trending down for quite a while; this in turn is a good situation to look for divergence suggesting a correction is due. PA is key tho, without it, no go. PS: Same goes for ...

james16 Chart Thread

Was wondering the same regarding the silence here, but I think as the first PA prints for week, it'll take off again, as usual. Anyway, Inco, I'm watching AUD/CAD and AUD/USD for bullishness (chart) Also I'm watching EUR/NZD for a breakout or ...

james16 Chart Thread

Here's one more chart. EUR/NZD looking heavy, but the uptrend has been very strong for the past 4 months. image

james16 Chart Thread