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mbqb11 replied Jul 28, 2014Hey MrG It depends on what you are looking to do here. Price is essentially stock in a box. We can see price swiveling around the BRN that you correctly identified at 95. It's going to be tougher to find your entry on the daily i'd probably look to ...
james16 Chart Thread
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mbqb11 replied Jul 22, 2014sure could be just be careful cutting through the second swing point. Right now price hasn't bounced all that much and it may want to go lower to be a more accurate rising TL. We need a good bounce and even a slight swing to make sure. Definitely ...
james16 Chart Thread
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mbqb11 replied Jul 22, 2014That's ok C, that's some common mistakes I see from aspiring traders. You get caught up in things and then your trade plan isn't as concrete as it needs to be for consistency going forward. That's really the biggest key. For example your stop loss ...
james16 Chart Thread
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mbqb11 replied Jul 22, 2014Hey C I guess for me the problem is the trigger point. Just having a few up days and a bear bar doesn't tell me much from a technical standpoint. In terms of the chart it's at a strong PPZ and is showing signs of lost momentum to the downside. ...
james16 Chart Thread
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mbqb11 replied Jul 22, 2014Hey C I'm a bit confused why you got short. That bar is just a bearish bar/neutralish bar. What was the story to get short? Price is starting to show some divergence on the daily(stronger on 4hr) at a major PPZ at 1.55. Mike
james16 Chart Thread
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mbqb11 replied Jul 22, 2014it's a bit lower since then, had my first losing month of the year when the markets went dead but thanks sir Your charts are fantastic, clean and simple and that's EXACTLY what we promote here Look forward to more charts from you Mike
james16 Chart Thread
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mbqb11 replied Jul 22, 2014I'll give my view Price is sitting on a MAJOR ppz at parity. This level is massive. From a weekly perspective you can see the PPZ and plus we are back in the box Price is in a nice uptrend on the daily and formed a bullish channel. My favorite would ...
james16 Chart Thread
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mbqb11 replied Jul 22, 2014great charts lester Lots of sideways pairs but eventually they always break out A nice clean as it gets pattern. Great wedge all we need is PA to show the way
james16 Chart Thread
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mbqb11 replied Jul 21, 2014Hey FX I'm a main instructor over there , our website is real outdated we're in the midst of upgrades now Best Mike
james16 Chart Thread
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mbqb11 replied Jul 21, 2014fantastic lester! Welcome to the thread, these are some great charts
Hope to see you posting more Mikejames16 Chart Thread
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mbqb11 replied Jul 20, 2014Hey Flash If you are looking for a solid demo with a lot of pairs check out FXpro. They have some futures and a few stocks. If you want an all in one check out thinkorswim. I don't like to talk about brokers I use since they are such a personal ...
james16 Chart Thread
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mbqb11 replied Jul 16, 2014Hey Naz James got pretty burnt out and was sidetracked with his real estate for some time now. BUT We've been working on the new site so you're going to see him popping back very very soon(for real soon ) Mike
james16 Chart Thread
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mbqb11 replied Jul 16, 2014Hey Z Inside bars for me represent some of the least information that we can get. Remember an inside bar is just a consolidation period within the previous consolidation period. So they will be bars that show up very often as well as like you said ...
james16 Chart Thread
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mbqb11 replied Jul 15, 2014see rabzy how price made a new low and is once again finding buyers trying to come in. That's how we can use areas with divergence to look for buys too. Of course this is a very tight choppy range so I wouldn't like to be a buyer unless the PA was ...
james16 Chart Thread
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mbqb11 replied Jul 15, 2014Hey Rabzy You are quite welcome
Divergence is actually very easy to spot. Once you learn to spot it on your chart without using an oscillator you will have a better feel for price. Our oscillator is just a calculation off price and thus that's ...james16 Chart Thread
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mbqb11 replied Jul 14, 2014stay patient Dan
least it allows us to enjoy the summer for a bit Nice divergence here and rounding of price. Looking for solid PA on a breakout of the TL could signal at least a small move higher and offer up some nice pips. Just gotta keep ...james16 Chart Thread
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mbqb11 replied Jul 10, 2014Hey Moretti I watch as many things as I can get my hands on. I think thats one of the biggest contributors to my profitability as an individual trader. I get to pick and choose what I want to trade and barriers to entry are very low. So I watch ...
james16 Chart Thread
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mbqb11 replied Jul 10, 2014good to see a bit of FX movement. Still been pretty darn choppy so hope you all are being cautious. Here is a nice clean pinbar trade I am in. Classic J16 really, triple bar top, nice size and close
james16 Chart Thread
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mbqb11 replied Jul 6, 2014As always guys discussion is fine. We must all just respect each other and realize that their is not just one way or viewpoint that's right. That's why people get into little tiffs because people defend their view points. Good ole ego pops it's head ...
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