Thanx for your kind comment Jarroo, you make me

james16 Chart Thread

Explanation oil trade — I've received some posts/questions about my oil trade yesterday, I just wanted to explain the trade in somewhat more detail for those guys. The trade was a simple S/R flipplay of the 8550, previous support, price then ...

james16 Chart Thread

I was looking to fade the initial break of that BUOB via the daily PB, along with a possible pullback to the RNB @ 13300 and then to look there for a PA to go long in the direction of the BUOB for another shot. But this didn't happen, price found ...

james16 Chart Thread

update Dow trade — Price has hit my final target @ 11100 price also has moved more than 2/3 of its ADR at the moment so there isn't much profit potential left, so 2 reasons for me to close my remaining position and not to be too greedy I ...

james16 Chart Thread

You said "maybe", that doesn't count here you'll need more than a "maybe" to enter a trade. Looking at your chart your sell order was @ 9812, that means your entry is just above a RNB @ 9800 which is also daily PPZ, we want to trade away from these ...

james16 Chart Thread

What are your reasons to sell there ?

james16 Chart Thread

It looks like the E-Cad has finally taken off after some hesitation, the pullback of the daily BUOB was completed right at RNB @ 13700 via a PB and BUOB on the 1H-TF. Btw I'am not in this trade, just analyzing this pair for a exercise.

james16 Chart Thread

E-C trade — This daily PB didn't work out like the other mentioned daily PB's, price is just wiggling around between the RNB @ 13400 and the low of the daily PB, didn't see a clear sell PA on the lower TF's at my keylevel @ 13400 so I deleted ...

james16 Chart Thread

Dow trade — Still short on the Dow, sold the Dow at a pullback of the daily PB on the lower TF via a 30m_PB. Took partial profit @ 11500 which then acted as resistance, took some more off the table @ 11120, which now seems to act as support ...

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closed oil trade — Just closed a trade on oil for a 105 profit, daily PB hit my target @ RNB 8400. Entry on 30m-TF via a PB (not actually a James PB, more of a shooting star) I expect oil to get some firm support at 8400.

james16 Chart Thread

Thanx for the compliment Pinbar, you're doing very fine also, but I think all the credits goes to the senior members of this thread, Jarroo, Mike ..... I really admire their unselfish efforts in trying to help newbies to get them on the right track. ...

james16 Chart Thread

Hey Adi, my broker is IG-index the UK-branch. Their platform is called PureDeal and its at the moment my favourite tradingplatform.

james16 Chart Thread

update A-U trade — What a bummer, my other trade on the A-U, price has stopped me out. I was interested in the 2weekly PB of A-U and trying to preempt this PB at a pullback at RNB/PPZ @ 9900. On the 4H-TF price gave me a PB which triggered my ...

james16 Chart Thread

Looks like price is going for another shot at the PB/BUOB. Price indeed broke the 13800 and got support. Really amazing how price sometimes can be such predictable, two clear PB's on the 4H-TF of E-A predicted the whole movement uptill now and ...

james16 Chart Thread

Hey TJ, my style of trading is that I almost never trade the first break of a higher TF PA. Just like you mentioned, outside bars very often pull back first. In my E-A trade it was no different, I wasn't planning to trade the first break of the ...

james16 Chart Thread

Rangeplay E-C — My next longer TF pick, PB at resistance of consolidation box and RNB @ 13400.

james16 Chart Thread

update E-A — Price generated a 4H-PB which was for me the trigger to close my pullback trade for a 129 pip profit, my maximum profit was 174 pip at one time so I've given about 45 pips back to the market. So a 4H-PB got me into the trade and ...

james16 Chart Thread

update demo trade E-A — Price wasn't able to break the high of the weekly PB, as seen on the 4H-TF, price generated a 4H-PB and is now pulling back. I didn't like the close which was a few pips above the RNB @ 13900. Switching to a lower TF to ...

james16 Chart Thread

Hey C, I think you must have read the book of Steve Nison. In his book he mentions hammer bar formations, this is a ONE bar formation with some restrictions concerning only the length of its lower tail in comparison with its real body and also a ...

james16 Chart Thread

Glad to have you back, viele besserung !

james16 Chart Thread