just checked some commodities and found this nice chart. soybean oil future. weekly chart showing a longtime rectangle. with a close above 60 usd i would pull the trigger.

james16 Chart Thread

bnp paribas can be good for a quick retrace to 50 eur (and above). last weeks bar was on ultra-high volume. touched the low of the rectangle and reversed. good r:r with a stop loss below 43 eur.

james16 Chart Thread

german aixtron (aixa). approaching a strong ppz. got support from the 150 ema. this is broad zone with spikes down to 18.75 eur. aixa was weak in the last weeks due to some negative fundamental expectations. if you like to play it, consider several ...

james16 Chart Thread

italian lux on weekly. good volume on engulfing upbar with a high close. will watch this the next weeks for a possible breakout above 23.30 eur. this zone was already a ppz back in 2006 and 2007.

james16 Chart Thread

portugals banco santander forming a big wedge on the weekly. i expect a drop south. a close below 7 eur is a nice trigger.

james16 Chart Thread

my view: go up to the next timeframe and check the weekly. we got two very bullish candles. i for myself will never trade against them, but would consider a long above 40 usd.

james16 Chart Thread

best to use your eyes... i am sure that there are tools around trying to do that but nothing can replace the human power. quite philosophic....

james16 Chart Thread

you know, my friend, most of the guys here in ff will look for a system telling them when to do what. green for buy, red for sell. only a very few like you, are willing to get a feeling for a system and to adopt it. as long as we make money, ...

Montana and Yarara

i am not sure if this pair was already discussed lately... aud/chf in a longterm support-area. wait for bullish price action.

james16 Chart Thread

my fxpro daily bar ends in 1,5 hours. at the moment it looks like the close is weak...

james16 Chart Thread

retracing... 300ish pips so far... end of a falling market?

ICCE. Bemac's Fib. Reverse Engineered

cl on daily. buob at a swing. overall trend is still up. -ve: approaching the 100 usd and coming into a previous rectangle.

james16 Chart Thread

same goes for the pinbar on ym (still some time to go, but...). hope it closes above 12500.

james16 Chart Thread

cnl on weekly. these are setups i adore: strong bullish trend. nice rectangle. all highs are very close together (within a range of 4 cents). volume is falling, so the stock may take some time to cut through.

james16 Chart Thread

yes, i like it. just one comment (and this time not about your fibs :-) ): here , divergence is not valid before we see an upbar in the macd-histogramm. because the price can still continue to fall adn therefore the macd-histogramm can fall below ...

james16 Chart Thread

your fibs are not correct (at least for the validation of your setup). you are using fib retracements. therefore only the fibs for the last swing and his retracement are important.

james16 Chart Thread

weekly chart of birt. breakout of the rectangle. friday was good with a large bullish candle on rising volume and closing at dayhigh (buob, too). stock was making lower lows before the breakout. overall trading volume is quite small, so use limit ...

james16 Chart Thread

eur/gbp beob. but coming in a nice support-zone with fib, minor rn and s/r. will take a look for a long on h4 or d1 at around 0.8850.

james16 Chart Thread

negative. because in a sideways market. no swing. and coming into a support-area and around 86.20. note that the fibs are for a retracement of the current move. the 61.8 you mentioned is the fib for the uptrend since april 2011 (pic1). there the ...

james16 Chart Thread

still using this box. history repeating here?

ICCE. Bemac's Fib. Reverse Engineered