AUDJPY BEOB — This 4 hour BEOB on AUDJPY is looking great. It's at a swing high, it engulfs five or more preceding bars, it's on the 80.0 Big Round Number and it's also straddling daily trend-lines. I'm thinking a good short here...

james16 Chart Thread

Looks like there's a chance the daily may close as a pin. Obviously we're still 10 hours away (!) but if we see another 25 pips drop in that time it would be looking good. I've been burnt twice recently trying to short NZD/USD so we shall see how it ...

james16 Chart Thread

EURGBP — On my feed I'm seeing a nice BEOB. It's at a swing high, off a PPZ and that Fib so a further move south looks likely huh?

james16 Chart Thread

Thanks Dale (and Razor! )

james16 Chart Thread

Hey Dale, Do you take your breaks in a direction based on "up-on-the-day" or do you take a break in either direction?

james16 Chart Thread

Are the blue vertical lines on the chart the initial profit target, and initial stop level (defined by taking initial profit as 1R and backwards applying that to give a stop level)?

james16 Chart Thread

And to think it was your enthusiasm that encouraged me to look closer!

james16 Chart Thread

Hey Jaroo, Mike - do either of you still trade DIBS?

james16 Chart Thread

I wonder if different times of the year are more profitable than others. Or do markets even have seasons with very clearly defined market conditions... It certainly seems that the period of volatility seen when the first cable snapshots were taken ...

The DIBS Method... No Free Lunch continues

You missed the decimal point. I'm sure you meant 2.5%

Silent Service Method

I don't remember if Peter said anything about whether he changes his approach on NFP days. It seems wise to me to avoid this method on such days, as markets will naturally consolidate prior to the announcement, giving valid setups, but the ...

The DIBS Method... No Free Lunch continues

USD/JPY is looking ripe for a breakout, both on the 1H (2IB) and the 4H (consolidation)

james16 Chart Thread

Here's the EUR/CHF PA I played - and lost. Granted not the _best_ shaped pin and was biased by intervention rumours but not a bad play. This is a 2-day chart. Edit: I cant put up my 2 day chart! Basically there was a 2-day pin the formed during ...

james16 Chart Thread

Took that one on the break

james16 Chart Thread

Looks like they let all us weak longs get shaken out first though!

james16 Chart Thread

Hey Triger, are these touch trades?

james16 Chart Thread

Anyone liking the CAD/CHF BEOB on 4h?

james16 Chart Thread

I have to admit I very rarely trade it, it's just a little too risky for my liking. It's a case of quick in and even quicker out! My spread is a not unreasonable 5.7 at the moment

james16 Chart Thread

How about AUD/CHF for even more crazy chop action

james16 Chart Thread

Hey Geoff, It's good to see notes of caution so no need to apologise! There are a lot of newbie system hoppers who need these sorts of messages to bring them back to earth (if they would but take note). As for me, I have looked at the charts and am ...

The DIBS Method... No Free Lunch continues