Price has hit daily PPZ @ 8150, closed 1/2 position for a 15 pip profit.

james16 Chart Thread

Triggered short on the U-J, trying to preempt a potential break of the 4H-BEOB.

james16 Chart Thread

Must have been a very tight stop, on my chart price didn't go below 796 after the PB. I'am still in this one.

james16 Chart Thread

Jarroo, just great to hear you saying this, that's also my thinking proces concerning S/R levels. I've this nice example on the lower TF of G-U of today. Refering to attachement and the RNB @ 15800: A: resistance B: expected resistance flips to ...

james16 Chart Thread

You'll have to understand that divergence isn't some sort of wonderfull crystal ball like predictive indicator, it needs to be confirmed by price action just like most of the indicators. Refering to the posted E-C chart, at the moment when that "PB" ...

james16 Chart Thread

Oeps sorry, something went wrong when posting my second attachement, here's the correct one

james16 Chart Thread

Hans, applying divergence you'll need valid swing highs or lows of both price and the indicator you're using (RSI, Stochastics or MACD). These swingpoints are merely LOCAL maximum or minimum values. In the attachement I've marked off some swing lows ...

james16 Chart Thread

Closed remaining postion for another 20 pip, price seems to obey the intraday low @ 12650 as support now.

james16 Chart Thread

To Pinbar: Tanjobi omedeto gozaimasu (well or something like that) May the force be with you.

james16 Chart Thread

update U-J — I don't think this one is going to trigger

james16 Chart Thread

update G-J — Price has hit FTA @ 12650 intraday low, closed 1/2 position for a 40 pip profit let the other 1/2 go all the way to ?

james16 Chart Thread

Appreciate your comment. But in order to use divergence you'll need two valid swing lows in this case, in order to draw the divergence line on price. The 4H-PB I mentioned isn't a valid swing low yet, for it to be a valid swing low you'll need to ...

james16 Chart Thread

Thanx SC, very interesting

james16 Chart Thread

G-J, RNB @ 12700 got breached and is now acting as resistance.

james16 Chart Thread

U-J — Would this be worth a (CT) long shot aiming for the RNB @ 8100 ?

james16 Chart Thread

How is your broker doing ? — Hey guys saw this nice blog on babypips.com about the results of the U.S. retail forex brokers account profitability survey. These brokers were asked to reveal their profitability figures as well as the total ...

james16 Chart Thread

Took also a shot at E-J

james16 Chart Thread

Triggered short @ BRN 7500 for a rangeplay on the kiwi.

james16 Chart Thread

Watching for some bullish PA to go long.

james16 Chart Thread

G'day Jarroo, Would you consider the posted setup I saw today a valid one ? The 4H-PPZ in the 1H-TF didn't match the point of confluence that nicely, they were about 10 pips off. On the lower TF though price gave a nice PB @ the point of confluence ...

james16 Chart Thread