GBP/JPY D1. Any comments folks on where price might be heading? Price at a major S/R zone and BRN. Strong uptrend, but I'm watching for bearish PA from this level. It also could just be having a rest and break north soon. We have a BEOVB and some ...

james16 Chart Thread

No. I'd like to see it fall a bit further before looking to buy. All the best with it though. It may well take off north.

james16 Chart Thread

It has taken off from this zone before, so may well do so again soon. Price is approaching an area of interest. image

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Hey FXbat. I am in this trade short. chart posted page or 2 back. See how it goes. Moetzger, I have similar thinking with your GBP/USD analysis. Bladerunner, USD/CAD. I agree with the others. You'd be trading into a bit of traffic (=headache!) plus ...

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Hey Inco. Happy birthday friend! I would be looking for shorts at the moment on this pair, as it looks to be more in a downtrend than a box/range, with room still to fall. Plus PB with bearish close doesn't help. I will watch this pair for a ...

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Kershey. My thoughts if you don't mind. AUD/CAD D1. Chart you posted where you entered on that PB. I would have looked to enter well above that at a swing high for better probability trade, around .9700 level. No signal on the daily, which is when I ...

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Hope that trade ends up working out mate. There might be something you need to adjust if you are taking too many losses. Why not shoot Mike an email if you're not feeling like you're getting it. I'm sure he'd be happy to help out with a few ...

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NZD/CHF H1. Out with 86 pips. + 30 from 1st order = around 120 pips. Took 130 pips on AUD/CHF too. Similar trade. Closed that one too early. Can't complain. image

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Thanks Incognito. No big deal. Only 20 pip sacrifice. I'd rather close a trade when I haven't fully analysed it and just jumped in rather than the potential mental anguish of being in a trade I wasn't 100% behind then losing . Don't be sad though, ...

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Hey Kershey. Sorry for your loss. Would you trade that set up similarly if you come across such again? My immediate (student) thoughts are that that bar was at a swing high giving it less chance to move, rather than trading such a bar long from a ...

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Thanks for the reminder Incognito. It will be interesting to see how markets react, and indeed the EU. I'm in this trade too. A fair bit of traffic to the left which is my first target. Best wishes, GB. EUR/JPY H4 PB off support. EDIT: I've closed ...

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I saw that candle FX bat. I'm hoping price will go the other way lol. But it looks ok, except you'd be trading into a fair bit of resistance/traffic? All the best with it if you take it.

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NZD/CHF H1 PB rejecting BRN .65000 at swing high with downtrend. image EDIT: 1ST target hit. BE. image

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Hey Oble. If you took that BUOVB you would be trading directly into resistance. Price is now at that 1.24000 s/r level and daily bar did not close above it. You would also not be trading long from a swing low. Much of J16 is about trading long from ...

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Hey Bladerunnr, Still an ongoing question for me too. There is some solid info around this on one or more of the links on page 1, post 1. You will find many other jewels there on your search. Mike has also posted excerpts from J16 webinars on this ...

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GBP/JPY D1. BEOVB/PB Rejecting BRN W1 S/R zone of 195-196.000 area. Fib drawn on W1 chart shows price turning in between 61.8 and .50 zone. 2 orders set below break of bar as hopefully a safer more conservative entry. However I will also watch for ...

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Thanks for your explanation Adhav. Price sure is moving down now. Let's hope it keeps going! All the best GB

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EUR/AUD H4. BUOVB. Having a crack at trading this box. Sideways consolidation in uptrend. Could've entered earlier, but entry at 1.45100 as I wanted to enter after 1.45000. 1st. target at FTA. Fasten your seatbelts. Could be a bumpy ride. I'm more ...

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No worries friend.

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