Ohh me stupid. I confused my TP with the price I closed one of the positions lol. So I made 170 pips and not 502. Still good. Ben

james16 Chart Thread

Thanks Jarroo.

james16 Chart Thread

Yes I have noticed that. It was one of my trades that I took before I went to bed. I was not awake to manage the trade, so I placed a TP order at the first trouble area. Made 42 pips.....I see it took off much further though ...

james16 Chart Thread

By the way, when I woke up I saw this beautiful pin bar on EURJPY 4H. A pin bar bounce off the 150ema, and a very significant PPZ. Currently +80 pips, stop moved to BE. Anyone took that? Is there many pin bars on 4H this morning or it's just me? ...

james16 Chart Thread

I saw this post just before I went to bed. I was thinking to myself why not have some fun? lol. I have placed a few pending orders. Of course on demo...I needed to place TP and SL orders without managing the trades. I got up and saw 5 winners, one ...

james16 Chart Thread

Hi SP, Basically all the "patterns" mean the same - That price is rejected. If you combine DBHLC, DBLHC, BEOB, BUOB, they are all pin bars. They show that price was rejected. Many times you can combine to daily bars, and on 2 days chart you will get ...

james16 Chart Thread

Your welcome.

james16 Chart Thread

Hi supermatt, On the daily chart, an inside bar breakout formed off resistance which is also a double top now. Here you go (the red bar is the inside bar - it's low and high are within the previous bar): image image Ben

james16 Chart Thread

You are welcome. Good to see you here ohh got it now. I was familiar with the I4B....but the I10B was strange to me. Thank you Ben

james16 Chart Thread

ohh well...this one took off eventually...currently +140 pips....never mind, next time By the way, what is "I10+Bs" ? Can you throw a link please Thanks mate. Ben image

james16 Chart Thread

Hi tradertt, The market moves in waves (Google Eliot waves theory). They will always be major waves, and minor waves which are creating the majors. If you trade a 4H chart, so zoom out (or go to daily) and place the major waves on your screen. I ...

james16 Chart Thread

Very good. I'll add swing lows and swing highs. All the idea is to catch a trend. If you get in the middle, your potential is an half (theoretically). In addition, most on the pin bars (which are the most reliable PA setup) will form at swings. ...

james16 Chart Thread

Personally I zoom out and place the one or two most significant zones next to the price. Then it's just a question of when price gets to it so I can look for PA off it. There are tons of minor PPZ...don't get so caught on them (in fact, every bar ...

james16 Chart Thread

Hey mate. Good to have you back

james16 Chart Thread

Hey bro, whats up? I wanted to ask...do you play inside bars? Here is an example of an inside bar at a swing high, off heavy resistance....looks good IMO. But I did not take it because of the heavy support the bar lows below created. Waiting for ...

james16 Chart Thread

I have passed on that one after I saw it did not break. Even if it will break now, I won't play it. Just not feeling comfortable. but that's me. By the way folks....anyone noticed the pin bar bounce off of the 365ema USDCHF 4H? Last time price it ...

james16 Chart Thread

Now that's what I'm talking about mjotic, zoom into the 4H chart and look how that PPZ rejected price. It's amazing. On me feed I got a beautiful pin bar off that major PPZ level. Got kinda confluence with a fib a well. Price broke through, now ...

james16 Chart Thread

mjotic, I myself am new (also to forex in general). If I can give an advice, it is to take your time and read through this thread from page one. I have read till page 135 and I got so much out of it personally. Pay most attention to james16 posts, ...

james16 Chart Thread

Hi mjotic, That pin isn't long. You have a strong PPZ right above at the 1.09000 I will Wait for Price action confirmation on that level. Ben image

james16 Chart Thread

LOL Jarroo, I just need to make sure I hold the rights for it Just had my third (little) trade....three winners out of three This stuff rocks! ok you are kidding but right...I shut my mouth now Thanks again instructors and seniors. ...

james16 Chart Thread