Been watching eurgbp myself, looks like trading in a nice range. I'll only be going south with this pair though, a lot of traffic for the bulls to get through.Would say be careful opening positions on eurgbp and gbpchf at same time - very strongly ...

james16 Chart Thread

My last trade of the year just hit it's TP for a nice profit. Nice way to end the year. Will be starting my live account on Monday. Here's the trade : EURBGP image I entered on the break of the first pinbar rejecting the retrace on the breakout ...

james16 Chart Thread

Hope everyone had a nice holiday Kiwi is showing strength across the board today - I like the look of NZDJPY. Will be waiting for any price action around this high - if it breaks and retraces with some good bullish price action I would be looking ...

james16 Chart Thread

Currently we are about 3 pips off 20 year low ( Dec 2005, 1.04320 ). I'll be waiting to see if it breaks this level with any force, and what happens on the retrace before taking a position.

james16 Chart Thread

I agree with you MrWeiss, the phsycological part of trading is the hardest for me - especially when to exit! Anyway, Merry Christmas everyone, happy holidays

james16 Chart Thread

I saw this trade but didn't take it for similar reasons to Patapouer - there was too much going on around it- lots of traffic. Look to the left. Easy to beat myself up about it now as it's blasted through that, but as P says, there's no way to know ...

james16 Chart Thread

Indeed it has, and indeed we are! It's a very strong line alright.

james16 Chart Thread

Hi Adhavan! I just look for stronger signals or longer period of consolidation before taking a trade against the trend. There's absolutely nothing to say that it may turn right round and race up for a few hundred pips - indeed, it is a very strong ...

james16 Chart Thread

This confused me at the beginning, but it's something that I think I've got to grips with. The PA itself isn't as important when I'm taking a trade compared to what's going on around the trade. To use the AUDNZD as an example, it has been in a big ...

james16 Chart Thread

Indeed, got my eye on the AUDNZD daily Any good bearish PA and I'll be looking to go short.

james16 Chart Thread

Maybe a misunderstanding on my part for Fib lines, but I have always thought they are valid from any price base. Taking from the purple line indicated on your chart would give confluence with the 38% line. But this pair didn't form a proper pinbar ...

james16 Chart Thread

Didn't take it. Price dropped over last hour and not a proper PB now.

james16 Chart Thread

Bit of a chicken and egg question! Although Fibonacci phenomena in nature are quite fantastic. There is a great book that demonstrates Phi - a ratio intimately tied with Fibonacchi numbers and well worth a read if you are interested - 'The Golden ...

james16 Chart Thread

Thanks, and PA has spoken - look at this PB If things stay like this until close ( 2 hours time with my broker ), then I think I'll be going long. Will look across all JPY pairs for best entries and position sizes. Even though this is a great ...

james16 Chart Thread

Brilliant, thanks

james16 Chart Thread

Morning Yen has done the opposite to what I thought the fundies where saying ( that'll teach me ) Luckily my order in USDJPY wasn't triggered. Yen could still be in a correction - I'll be looking out for PA around key areas in next few days. ...

james16 Chart Thread

Thanks Habeeb! I did consider postponing going live, but in the end decided to pull the trigger. I'm sure I'll always be able to find an excuse not to go live. Sleep, eh... At least I'll be able to watch the Asian markets now Cheers

james16 Chart Thread

USDJPY - Daily Chart. Resistance around the 23.6% retracement held for the last few days of last week's strong uptrend correction. We now have an inside doji/(weak)pin bar. May be good for long on break of parent candle. Target of last weeks high ...

james16 Chart Thread

MXNJPY - Daily chart. Hard bounce with a good pinbar off an upward trend line and weekly PPZ. Bit of a juggernaut fall last week ( as yen seemed to strengthen across the board ). Abe has won the Japanese election, so guessing that will be bad for ...

james16 Chart Thread

Thanks Patapouer! Good to see you still around! Happy birthday to your daughter - We are having a daughter too - can't wait. Although, my wife still wont go for the name 'Pinbarella'... All the best to you too in your trading, how has it been going? ...

james16 Chart Thread