yes be careful a few things about this type of thing. The breakout area that you are trying to trade has already created a breakout back around march 18. This is no longer a breakout type trade. Instead this is price just coming back to a previous ...

james16 Chart Thread

I've been watching this one too D I'd be careful the top of the true box is just above us, although a buob here will likely get us to that top area. I don't like trading continuations off the midpoint of boxes(the midpoint of any box is a PPZ). As ...

james16 Chart Thread

Yes exactly Albus Then when price closed above the TL although not the most important TL it became a good line in the sand for me. Then that midpoint TL just above around $62 becomes a great area to watch. It was all done after that we broke through ...

james16 Chart Thread

Hey Albus Mainly it was due to how much I believed this pin was one of those pins that pulls us back into the trend and is the Major turning point. It occurred at a massively major S/R area and looked like a pullback. Plus just a beauty of a pin. ...

james16 Chart Thread

For me as a mostly PA trader, MORE times than not their is no PA. Yep, I mark great areas, know very highly what price is likely to do but if I don't get the PA I am looking for I pass on the trade. That's a hard pill to swallow for many because a ...

james16 Chart Thread

Hey D I wouldn't use that pinbar since it's contained within the pattern. That's tricky and not how I approach breakouts. It's not necessarily wrong, something you might want to test out. I prefer to look for a pre-emptive type bar like a buob, ...

james16 Chart Thread

clean and simpel Albus. These are the ones that catch my interest too Mike

james16 Chart Thread

Hey Far Just be careful, we are stuck in a larger box putting a PPZ just below us, as well as a shorter term channel putting a midpoint just under us too. So it could get choppy someone was wondering the same here was my chart from the PF. These can ...

james16 Chart Thread

and i'm out

james16 Chart Thread

Hey Neytiri You are far off from the breakout area for me. Meaning price has already broken out and near completed the pattern itself so you are late to the game for how I would approach it Based on the size I would view this one on the hourly ...

james16 Chart Thread

nice job michal!

james16 Chart Thread

PRO I closed last week when the gap filled at the first white box K is the only trade I still have running across the board. We just bursted through the middle PPZ so i have locked in profit just under this area in case we retest again.

james16 Chart Thread

Hey Str8 You can trade inside bars that way. Probably the easiest way to spot them is at good areas like that(since they will appear all over your charts). I don't trade many inside bars, maybe one a year or something. But that's a logical and sound ...

james16 Chart Thread

Hey Marsh This is something I found long ago when examining boxes that James teaches. A box is just a period of consolidation. We have the top and bottom being the "boundaries of our box". but the midpoint acts as a point of agreement of price. It's ...

james16 Chart Thread

lot of pairs are boxing or consolidating. Won't be long before the markets "break" again. Stay patient though Look at this picture perfect boxing on aud/nzd Midpoint of a box is almost ALWAYS a PPZ as well. I just wait till the tops and bottoms ...

james16 Chart Thread

Don't beat yourself up too bad Dinta. Really it all has to happen otherwise the mistakes will come eventually and blindside you. It's great that you had such a good month but you realize their are ways to improve your BUSINESS. That's key and as ...

james16 Chart Thread

fantastic Dinta! and great analysis of yourself and your trading Look forward to your next update, keep it up Mike

james16 Chart Thread

Hey Str8 You absolutely can look to play breakouts when price just "closes" outside your breakout area. I just find that this loses one extra piece of confluence that you get from adding a PA bar. Because after all all PA bars are not created equal, ...

james16 Chart Thread

Hey Aserafino I post most of my live trades in the PF, for educational purposes of course. I do from time to time here but I worry more about people blindly following me in since we get a much wider range of new traders here and we want to teach ...

james16 Chart Thread

Hey Ken Nope you are correct I would want it rising or flat. In this case though we could use a horizontal or flat line to indicate the neckline. Really the idea of seeing the H&S would just confirm that we can use this level to look for longs or ...

james16 Chart Thread