different feeds will show diff bar patterns so it will be easier if you post a pic, but on my feed there is no pin on the usd/cad just ranging(daily looks to be forming and I4B) Mike

james16 Chart Thread

this is a pin bar, but its placement is rather bad. It is in traffic, so a trade like this may be good to give you direction on some lower charts, but I wouldnt take this one and try to hold it. were really whipsawing around these last few weeks ...

james16 Chart Thread

still holding, today is ending on complete indecision (just like everything else! big suprise right). Only other thing i was able to do was make some pips on the pound today(not based on PA tho) Slow monday as per usual it seems. best, Mike

james16 Chart Thread

Seeking with the gbp/jpy and eur/jpy since they are up more then down, taking profit is always viable. But try a trail on the previous bars high. Unless you really feel its reversal time. I say just the previous bar(as opposed to 2-3bars), cause its ...

james16 Chart Thread

this one i can defintley answer spot on for james Daily/weekly Good luck, Mike

james16 Chart Thread

hope its good seeking, this is the only trade i am in so far

james16 Chart Thread

Hey sp, Well when James says you do not need anything else but Price Action, he is referring to finding specific Price Action bars, around Confluence(multiple signs of a winning trade). This is all price action though. Also what he is saying, is ...

james16 Chart Thread

haha long live the 80s TAAKKKKEEEE ME HOOOOOOOOOME

What Was Your "Ahaa!" Moment

ya it depends on the data feed, i am using interbankFX

james16 Chart Thread

i use bid also, so for my short it is 7-10 pips but for my long if its a 4 pt spread its 11-14 stops vary on the bar, and s/r around it but if it was just a pin its 5-7 pips above

james16 Chart Thread

depending on the timeframe, but for the 4hr i like 7-10. My entry is at 1.1324 for this trade. For the less volatile pairs I will use 5-7 pips. Take care, Mike

james16 Chart Thread

gj banzai let us know how it works out here is a pin I am going to enter when it breaks, having a sellstop order in AUD/NZD 4 hr pin off resistance 365 and 50% retrace worth a shot

james16 Chart Thread

ya seeking I have tried to stay away from the USD/CAD lately. The only next trade i see is when we can break past that wall of resistance up at 845. Yest had a good 2bar pin on the hour, that i missed. Other then that it has been really choppy ...

james16 Chart Thread

silly bundy hes talking about the NZD It isn't anything to rave about but its location is still on that 50% mark for a retrace entry into the daily pin. I am going to wait for the break of the pin to enter though. Best, Mike

james16 Chart Thread

My feeling also, is Fibs, pivots, trendlines, etc are all important when price REACTS to these "areas". Price can just as easily ignore these areas, and one has to be aware of when price is actually obeying to these zones and take notice. As you ...

Bracketing Systems

Here is a trade I am looking forward to entering and seeing play out if it breaks down. I don't have enough back data on my interbankfx feed, but this pin is off good support and a retrace point.

james16 Chart Thread

yep its a good pin, we also have a pin on the nzd/usd, and it just retraced 50% and left us with a small pin on the hour here is a chart of the 1 hour also note it hit 365 on 4hr which is 50% mark

james16 Chart Thread

It is a pin, but remember we gotta wait for the close. Days like today don't be suprised to see some wacky late movement! I am OUT of the market for now lol. Best, Mike PS seeking we hit 600 on the same day! That has to count for some pips!

james16 Chart Thread

that was some crazy swinging in momentum lol. Closed my gbp/chf to cover my euro loss and then only ended up with 70 on my gbp. All that work for not much lol Oh well hope you all faired better Mike

james16 Chart Thread

I just ask my magic 8ball when to exit. Weird thing keeps saying Ask again. so I guess I will hold all my positions(still short euro pound and gbp/chf

james16 Chart Thread