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Guitarbloke replied Jun 24, 2015Hi Adhavan. Looks good. I'm in this trade too. Where was your entry? I couldn't make it out on your chart. If I draw a fib on the weekly chart, price has reversed pretty much right at the .50 level. My next target is 1.5610 just above the .38 fib ...
james16 Chart Thread
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Guitarbloke replied Jun 24, 2015Hi Aelgen. Thanks for your comments. I get lucky sometimes. 1. BEOVB = Bearish outside vertical bar. Vertical as opposed to horizontal (Jims terminology). 2. "3-4 pips shy is ok sometimes on the daily and maybe H4" is what Jim said many years ago in ...
james16 Chart Thread
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Guitarbloke replied Jun 24, 2015Thanks FP, but nothing impressive really. I looked back and it appears I entered on the M15 chart after a bar closed bearish looking to reject 1.66000 level. My entry was a bit haphazard. Far safer and sensible to wait for a decent PA signal such as ...
james16 Chart Thread
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Guitarbloke replied Jun 24, 2015GBP/USD H4. BEOVB (3 Pips shy, but I recall Jim saying 3 or 4 pips out on a 4H or D1 is ok). Took trade on retrace to 1.58000 BRN S/R zone as a '2nd chance' entry for a better price. Tight stop so low risk. Bearish PA story and the fact price closed ...
james16 Chart Thread
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Guitarbloke replied Jun 24, 2015Hey Oble. Welcome. Yes, you have landed in one of the best, if not the best thread in forex. Your trade looks good to me, good job. My only query would be since you entered late, where did/would you put your stop loss? Best wishes, GB.
james16 Chart Thread
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Guitarbloke replied Jun 23, 2015AUD/NZD W1. Hey Jon. Yep, nice move up. I'm short right now on the H4 BEOVB off W1 resistance and 100 fib level. Trading into a bit of traffic, but if it get's through it has plenty of room to fall. Here's the weekly chart. Sorry it's a bit messy ...
james16 Chart Thread
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Guitarbloke replied Jun 23, 2015Welcome Jloo! Any relation to the Hollywood star? We spoke about this PB here last week. I didn't take it as the trend looked down and too bearish, but looks like it paid off. I would've preferred to take it if it was lower around next support zone, ...
james16 Chart Thread
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Guitarbloke replied Jun 22, 2015Zamfir, you are generous sharing that strategy. Will check it out. 300 pips per month is nothing to sneeze at. I'm up for the challenge! Thanks friend. Great to see you dropping in as usual Mike. Your posts and presence are always super appreciated. ...
james16 Chart Thread
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Guitarbloke replied Jun 22, 2015EUR/USD M30. BEOVB rejecting and closed below 1.14000 BRN. Took this one using M30 TF as an entry. I don't like to trade the smaller time frames because they are too noisy and less reliable if there is such a word in forex, so this is no ...
james16 Chart Thread
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Guitarbloke replied Jun 19, 2015EUR/USD D1 PB Sell. Rejecting BRN 1.14000. 1st target hit. BE. Letting trade run. All the best Oxygn. Hey Bladerunnr. I'd prefer to trade that USD/CAD D1 PB from a lower level such as support zone around 1.19230 zone. But it may well go up for a few ...
james16 Chart Thread
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Guitarbloke replied Jun 18, 2015USD/CHF D1. IB Breakout. Late entry as I waited for price to break and close below 0.92000 level before taking trade. Bearish PA story to me, so all good enough confluence for me to take the trade. EDIT: 1st target hit. BE. Free trade. image ...
james16 Chart Thread
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Guitarbloke replied Jun 18, 2015GBP/USD H4 BUOVB. Profit taken. Closed trade at 1.59170. 130 pips + image
james16 Chart Thread
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Guitarbloke replied Jun 17, 2015USD/CAD DI Sell. Moving down nicely. Has formed a BEOVB rejecting BRN 1.23000. Not exactly formed at a swing high, but may move lower. 1st target hit. profit locked in and letting it run. image GBP/USD H4. BUOVB/Breakout. orders set for retrace to ...
james16 Chart Thread
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Guitarbloke replied Jun 16, 2015EUR/CAD D1. PB off support. Nice move up. Locked in profit. Letting it run. image
james16 Chart Thread
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Guitarbloke replied Jun 12, 2015Hi FX start. Welcome. Have a read of page 1, post #1 and check out all the links down the page a bit. You will find explanations of Pin bars and other set ups and good locations to trade from, and much more. GB USD/CAD H4. PB closed below BRN ...
james16 Chart Thread
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Guitarbloke replied Jun 9, 2015AUD/JPY H4. PB rejecting BRN 96.000 1st target/TA hit. BE. May struggle a little from here. No matter, profit taken. Let's see. image
james16 Chart Thread