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mbqb11 replied Oct 2, 2014Hey E The reason was price was in a box, but notice that upper blue ppz. THat's exactly where price must stall for me. Giving it a very low risk opportunity. Once price bounced around this area I was able to pull my stop above this area thinking ...
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mbqb11 replied Oct 2, 2014was a great one F I got in on the close and was looking to see if those major lows would break and it would fall off a cliff. Got stopped out at b/e by the spread and it's pushing there again. Hope some of you are able to hang in
here are my ...james16 Chart Thread
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mbqb11 replied Sep 29, 2014Hey Bezeer You can check our site over at james16group.us If you have more questions drop a line Best Mike
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mbqb11 replied Sep 29, 2014Hey VS By side to side resistance I mean trading within consolidation. What I like to do is trade away from the boundaries. That is the top of bottom of a box(in this case). But we MUST be aware of the market environment. FTAs carry more weight for ...
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mbqb11 replied Sep 29, 2014Great chart to watch, i'll be watching the 4hr /1hr box tops/bottoms for possible breakouts or side-side plays i can't stress enough how the structure of any pattern the more accurate it is the easier it is to trade and generally respected when you ...
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mbqb11 replied Sep 29, 2014Hey M Not an all time low i'm guessing your lacking some data on that pair Still a great area though
Mikejames16 Chart Thread
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mbqb11 replied Sep 28, 2014great chart eurusd here is another view with a few more lines added with how price boxes and the highs/lows/midpoint become boundaries for future boxes
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mbqb11 replied Sep 26, 2014absolutely M, that's why I exited my short. The original move was away from the midpoint of the larger box, now we're at the bottom of the bigger box. Simple
eur/sek has also been on my watchlist too. Just waiting for it. It's gonna be nicejames16 Chart Thread
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mbqb11 replied Sep 25, 2014Hey V Yep here is the 1hr you can see which bars I aggregated and I entered on the open of the next hourly bar last night. The 87/50 pivot i've been watching for awhile and not found anything I liked. My timing was just a bit off on the last few ...
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mbqb11 replied Sep 25, 2014took a small loss on aud/jpy just mistiming the HUGE ppz. But luckily nzd/jpy gave us just a picture perfect setup Massive PPZ and TL break +4hr beob Here is the daily view.
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mbqb11 replied Sep 23, 2014me to slade, this one never got going. Still a great one, just didn't do what we hoped and you reduced your loss at a perfect point. Price can easily still come down but with nothing else to control our risk that's not my cup of tea
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mbqb11 replied Sep 22, 2014Hope everyone had a nice weekend
Yep you are right E, and I do have a pending order on a break only. In this case we don't have a ton of confluence, while the 180 BRN is certainly important it's not what I would call a confluence of s/r type ...james16 Chart Thread
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mbqb11 replied Sep 17, 2014Hey P I think you are asking should we have divergence to trade against the trend? The answer is not necessarily. A big bar against the trend could signal a strong change in the flow based on that bar alone. Or price hitting a major S/R area etc. ...
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mbqb11 replied Sep 17, 2014Hey Alehandro The way I draw TLs is to only use highs/lows and ONLY use the mist obvious ones. Yes semi good TLs and even bad ones WILL work. But the best ones keep us being picky. If we are picky with each piece of our confluence it helps the most. ...
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mbqb11 replied Sep 16, 2014Hey Prot Welcome to the thread
The trend is always very relative to what else is taking place. For example just cause price is trending up doesn't mean we just can buy at any time. It's all about timing. So we want to trade with the trend when a ...james16 Chart Thread
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mbqb11 replied Sep 16, 2014This is key. Most of the areas I mark never end up giving me the exact entry I want. It's tough to sit on your hands even when you have a good idea what's going to happen but eventually it becomes what keeps one in check. Important words here Mike
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mbqb11 replied Sep 14, 2014i'll be shorting this beob closing back over a triple top on a retrace to the former swing point. Looking for previous resistance to once again hold after the large beob
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mbqb11 replied Sep 14, 2014Hey Alehandro I wouldn't say I have a favorite per say, its really the story. Those that know me know i'm big on breakout patterns, but i'll take a nice big ole outside bar at a swing high /low right up there too. A good idea though is to try to get ...
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