- Search Energy EXCH
-
xmzhang replied Sep 27, 2010Yes, I tried to preempt the break of this daily BUOB yesterday evening off the 15m-TF. On the 15m-TF price retraced to a 1H-PPZ @ 13240 and gave me a PA via a PB to go long, price reached the high of the engulfing bar (which acts as resistance on ...
james16 Chart Thread
-
xmzhang replied Sep 27, 2010Update trades on 15m-TF — 1.E-C: price wasn't able to breach the high of the daily BUOB, PA showed us it is still acting as resistance, closed position for a skiny 30 pip profit 2.G-C: price did break the high of the daily BUOB but wasn't able ...
james16 Chart Thread
-
xmzhang replied Sep 26, 2010I just triggered 3 positions, took all these off the 15m-TF: 1. Long on the E-C, I'am trying to preempt the break of the daily BUOB, FTA @ 13295 the high of the engulfing bar 2. Long on the G-C, I'am trying to preempt the break of the daily BUOB, ...
james16 Chart Thread
-
xmzhang replied Sep 26, 2010For a quick profit at the FTA @ 8500-ish this countertrend PB looks good to me. A ideal scenario for me would be a pullback to the previous bar high which is near the RNB @ 8600-ish (also a strong weekly PPZ), then look at the lower TF for a ...
james16 Chart Thread
-
xmzhang replied Sep 23, 2010Any thoughts about this daily PB of the C-C for a rangeplay ?
james16 Chart Thread
-
xmzhang replied Sep 23, 2010Hey Mike, On the 4H-TF price pierced the BRN 14000 but retreated quickly above the 14000 again thus generating a spring (expression used by R. Wyckoff) which should in theory bring price back near the 14050. I've noticed that these one bar false ...
james16 Chart Thread
-
xmzhang replied Sep 23, 2010Hey Mike, My thoughts about this pair are bullish, yesterday price broke out of a symmetrical triangle and closed above the weekly PPZ @ BRN 14000. I want to look for PA confirming the BRN 14000 as support now. Could you please comment on this one, ...
james16 Chart Thread
-
xmzhang replied Sep 23, 2010Went short on the Ozzie, just below the RNB @ 9500.
james16 Chart Thread
-
xmzhang replied Sep 23, 2010I've been looking for a oppertunity to go long on this one, Price retraced to a interesting area: 1. descending daily TL of a downward channel 2. 50% fib level 3. daily PPZ @ 8440-ish 4. a PB PA. The only hesitation is the PB size compared to the ...
james16 Chart Thread
-
xmzhang replied Sep 22, 2010live E-G — Moved my stop to floorpivot R1, locking in 20 pip profit. Final target @ 8550 when a ADR is done.
james16 Chart Thread
-
xmzhang replied Sep 22, 2010Any thoughts about the pending 1H-BUOB on the E-G ?
james16 Chart Thread
-
xmzhang replied Sep 21, 2010Live trade of a 15m-PB of the G-U. PB pullback to a supply-zone, took 25 pip profit before the FOMC.
james16 Chart Thread
-
xmzhang replied Sep 19, 2010Because of the big size, ie. high momentum bar, of the engulfing bar I quess ?
james16 Chart Thread
-
xmzhang replied Sep 19, 2010Hey Mike, Question about your daily BUOB U-J trade. The engulfing bar closed just below the RNB @ 8600, why didn't you wait for a close above 8600 before entering ?
james16 Chart Thread
-
xmzhang replied Sep 19, 2010Just great to hear this from a guru like you, my preference also goes to the 4H and 1H TF, most often than not you'll see first a valid setup on the 4H-TF followed by a valid setup on the daily the very next day. So instead of waiting for the daily ...
james16 Chart Thread
-
xmzhang replied Sep 18, 2010Yes I know it pays to be early on a trade, looking at the Ozzie, last friday there was a not so strong PB on the 4H-TF off the 9450. If you took this PB you would have already banked about 75 pips even before the daily PB gets triggered. But I ...
james16 Chart Thread
-
xmzhang replied Sep 18, 2010My pick for monday is a countertrend PB on the Ozzie daily. Not a great close, but off the RNB @ 9400, at a swinghigh. Last week Ozzie took 4 attempts to close above the 9400 but didn't manage that. FTA is the PPZ @ 9280 at the gap, also a nice ...
james16 Chart Thread