Hey Jib I am not sure I quite understand question 1 but do you mean if we have a breakout on a daily chart but on a lowertimeframe we have a setup in the opposite direction would I take it? If so then yes I would but only as long as the setup is one ...

james16 Chart Thread

Just the slow markets Dan

james16 Chart Thread

and the area held perfect

james16 Chart Thread

In terms of the weekly beob I would treat that seperate Again in more "normal" markets, I probably would enter around here. But right now I just am not excited about the FX markets. It's just as important to know when to stay out until you are ...

james16 Chart Thread

Hey M I think getting to b/e and protecting yourself in this market environment is the right thing to do. These markets are TOUGH right now and being nimble is the right way till things break. These markets eat up traders because of that Best Mike

james16 Chart Thread

here is an updated stop progression on my DBLHC trade

james16 Chart Thread

great guys I love this! I think 155 is going to be seen easy and we might get lower if 157 pivot holds Mike

james16 Chart Thread

whoops just saw this

james16 Chart Thread

Hey Nej I like the idea of taking profit quick especially in these types of markets right now that are extra choppy. Tight stops too in my view Best Mike

james16 Chart Thread

Hey Z Round numbers are still important in equities but not like they are in FX. FX is more oscillating as a whole than equities in my view so I mainly identify PPZs just by s/r itself and if their is a good round number use it for additional ...

james16 Chart Thread

looks good Al will be watching the euro around BRN Gaps are still open

james16 Chart Thread

I LOVE that you took profit quick on this M. You are doing great Mike

james16 Chart Thread

looks good saab , price is really tightening up

james16 Chart Thread

Hey Jib Glad it was of some help Here are my responses to the above 1. Yes I do move my take profit levels. Generally I go in with the idea of where I would be ok with taking profit. Sometimes I move the take profit closer, or sometimes further ...

james16 Chart Thread

Thanks LT Welcome IMMY! Mike

james16 Chart Thread

Hey Dan I don't use MAs myself but generally MAs are used by many here as dynamic support and resistance or another form of confluence(any tools from s/r to a MA is only as good as the situation that comes up). I don't think the actual number ...

james16 Chart Thread

Hey Mich We are boxing up here around the BRN. We still have gaps open and my bias is still down into them. I'd watch for price to close those gaps so I would use the box low and BRN to watch for PA to continue downwards. Best Mike

james16 Chart Thread

welcome Scherzi, we are glad to have you Drop me a line there any time Best Mike

james16 Chart Thread

Hey Str8 An easy way to deal with most gappy equities is to simply trade off the weekly or monthly charts. I trade almost exclusively on weekly for equities. It smooths out the gaps on most securities completely. As for news I personally don't pay ...

james16 Chart Thread

Hey Breeze FTA for what bar confirmation? Are you pointing a breakout of the multi bar high? If so then yes Best Mike

james16 Chart Thread