Hey Fx4 From a general standpoint this previous BOX high plus the BRN + the descending TL could be an area to get the bounce and hold price down. Best Mike

james16 Chart Thread

Hey VS This is a great one because if you sell a break of the low of the pin you are selling UNDER the swing and then you know price should NOT have to come back up and that area should hold as resistance. This makes it a highly useful area from a ...

james16 Chart Thread

yes their is often a trouble area somewhere. The thing to do is weight that trouble area verse the setup you are taking. Often times I might just reduce risk a bit, or even times do nothing. People think they have to get out or go to b/e at every ...

james16 Chart Thread

absolutely nothing wrong with passing here for both of you. It is a trafficked trade with a smaller nose pinbar. These can work and your FTAs were marked, but often it's the trade mgmt aspect that gets people caught in those situations Plus gold ...

james16 Chart Thread

Enjoying everyones opinions on their respective pairs. I of course only share my experience and thoughts so those that are contrarian to me that's great to see you stick with your convictions it's how you get better and trust yourself. The key to ...

james16 Chart Thread

i'm looking to play the continuation buob to the BRN and previous swing high. I like the risk mgmt ability the breakout area affords me. Stop reduced upon breakout to under the breakout area(current consolidation) i'll still watch the breakout area ...

james16 Chart Thread

I'm on the fence about closes. With that said I do use a 5pm et NY close to as I consider it the unofficial official FX NY close lol. Now the stock markets close earlier so who is to say what it is. I think having a close within a few hour of the ...

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Beautiful Cricketer, nice catch. It's at a major trouble area now good to see you go to b/e did you close out though? Mike

james16 Chart Thread

Hey Dan I'm confused on this price went to exactly where we would expect for a breakout situation(the base of the pattern). With that said many breakouts don't even make their base and that's why we want to always protect and move our stops up at ...

james16 Chart Thread

here are some charts i've been sending to the group over time including my today chart Simple s/r i'm looking for here + PA. Let's see what happens image image image

james16 Chart Thread

Hey MrG What D was speaking about is the BEOB outside itself. I like to see the next bar break the low(which also validates the bar). This is a way I measure momentum. But what D was also referring to is that this bar is technically not validated ...

james16 Chart Thread

thanks D for jumping in here

james16 Chart Thread

closed out of the usd/mxn now. Could be boxing up above the BRN for another move higher but too much profit to give up here

james16 Chart Thread

way to go buddy Didn't take that one myself but still holding my usd/mxn for now Mike

james16 Chart Thread

Hey Dan Your pattern size is just great there I have this same one on my watch list. Strong divergence just need good PA The key with a pattern is can we get nice size PA relative to the pattern without losing room to work with. Meaning if we get a ...

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Hey Mav I was cautious against this one because although we are below that major support we are right near a major PPZ. So with the weaker closing pinbar and the previous more bullish bar being cautious here was what I was doing. Now a break of the ...

james16 Chart Thread

lol I woke up cracking up, girlfriend thinks i've lost it(she may be right) Yes RE will be a HUGE part of it. In fact we have it labeled as Forex and Beyond now cause we've evolved too much and James wants to do a lot of RE stuff Overtrading is ...

james16 Chart Thread

Hey D THanks for clarifying! Yes you are absolutely right. I actually elected to enter on the close since we were under the BRN. I put a very tight leash on it and cut out before NFP around 5017 just cause I wasn't willing to take a large drawdown ...

james16 Chart Thread

although still a choppy market this is shaping up nice if we can maintain a strong close

james16 Chart Thread

Hey Alegargano Don't be sorry we love enthusiasm Welcome Mike

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