A 1 pip difference on a TBL/TBH is ok IMO on the 4hr timeframes. But remember this isnt as strong as a TBL/TBH on the weekly. Soemtimes you gotta be nimble with these breaks, ast hey only give a few points. The pound weekly pin is not a good looking ...

james16 Chart Thread

Be careful with the 4hour IBs, You will see a lot of IBs on the 4hour due to the dead time. Just make sure you are moving stops quickly. I suggest sticking to IBs on the daily/weekly/monthly till you are comfortable. Best of luck, Mike

james16 Chart Thread

'was' a sell setup, pinbar off the 50 retrace and TL, ran about 50 pips, depending on how you played it, was a small loss the way I play them. Best, Mike

james16 Chart Thread

Been busy in the PF : here is one though,

james16 Chart Thread

don't forge tto swtich it on in your settings url best, Mike

Simplicity is the Key

Hi Sham, IBs are not bearish, or bullish bars. Theya re a sign of consolidation. The premise behind them is that after a period of consolidation we have a break out. They are usually played with a straddle(ie. a break of the high or low gets us into ...

james16 Chart Thread

Hey Ace if you look at post 9, these are the settings of James stuff from back then

james16 Chart Thread

George your entries are spot on! looks like you have done your reading so far. Glad to have you in the PF hope to see you posting inside Best, Mike

james16 Chart Thread

On a 1 hour chart you want your DBL to be exact. 4 pips is too much of a difference on the one hour chart. I also suggest starting on the daily/weekly charts when you are new to this stuff. Best of luck, Mike

james16 Chart Thread

Pura Vida Real Estate sounds more high class, I like it best Best of luck to your wife! Mike

Turbo's Journal

Yep a pin but no great confluence, i would rather take the nzd/jpy 4hr pin if I had to pick. Might as well wait for a better signal M

james16 Chart Thread

Hey FxFreak, I think your best bet would be to post this question in the Vegas forum area. Probably those that use it like yourself would miss your question here. I would post in here for more answers. url I stumbled across his stuff when I first ...

james16 Chart Thread

lol ya it's true though, everything i know comes from what i learned in the PF. Btw, people often have different broker feeds and ask which is better, the truth is none is better then the other. A chart through a broker is just a "Box" through which ...

james16 Chart Thread

Yep lemme post a chart of how I got in earlier for a bigger move.

james16 Chart Thread

here is going to be a fun one also!

james16 Chart Thread

You can simply play a break of the IB(high or low) and stop goes on the other side of the IB. Position size adjusted accordingly of course Best, Mike

james16 Chart Thread

New month time to evaluate some longer term stuff. Gbpy/jpy last time we reached here it was major sell off time. IB formed right at this resistance.

james16 Chart Thread

Jimmy we want pinbarsr to have very long noses that are sticking away from the price. Then we want to have small body(open -close) in relationship to this nose. Also it is much much much to early to tell, the day has only begun (we have done no ...

james16 Chart Thread

Billser, I see you entered on the close on your broker of the pin. This is the most risky(just so happens the close is very near the break of the bar. The most aggressive is buying on the close. The next most aggressive is playing a retrace. And the ...

james16 Chart Thread