I know right? Let's see if it decides to pull a couple more traps. Maybe it will spike long and short a couple more times before the day is over

EURUSD

Fair enough mate. Clearly was definitely an overstatement on my part. Regardless of timeframe, I still think trying to pinpoint the exact reversal of such a long running trend is a tough thing to do. I'd rather let the market shake out a few more ...

EURUSD

This pair is way too short heavy by the vast majority of people for the trend to change at the moment. It will finally come around once more people start longing it

EURUSD

This. Maybe I'm missing something, but I don't understand why people are looking for such long term shorting positions when the trend is still very clearly heading up.

EURUSD

In case anyone is interested. Something to keep in mind when placing trades.

james16 Chart Thread

Using the first link, click "regular download." It is free.

james16 Chart Thread

Arrizahmad, this is an amazing contribution to the community! Thank you so much for your efforts. I know what I'll be doing for a while now...haha.

james16 Chart Thread

Hey fx, The stop loss was put on top of the weekly pinbar. The sl placement was sound IMO, because my R:R was still 1:1. I generally follow a conservative approach to SL and TP placements as long as my RR is greater than or equal to 1.

james16 Chart Thread

Hello james16 thread, Just thought I'd share a trade I entered last week that I closed yesterday. James' teachings are definitely the sole reason this trade turned out to be profitable. I took the initial entry signal off a weekly pin bar and waited ...

james16 Chart Thread

Yes, it's always great when you can independently agree on a trade! I was thinking about this as well, but given the setup (we are trading in what is mainly a consolidation period), there really isnt a great b/e spot. Hope this helps!

james16 Chart Thread

I am also in this trade with similar tp/sl. For further confluence, there is a weekly pinbar two bars back.

james16 Chart Thread

Hi Microtrader, I'm not Mike, but I'd be happy to try and answer your question! Below I have attached a chart of a gap trade that occurred on the opening week of December 14th for the EURJPY pair. It was a very ideal gap trade situation. 1. The ...

james16 Chart Thread

I had noticed the pinbar on the weekly as well. It's definitely worth keeping an eye on. I exited the trade I took off the daily pinbar when price hit the first level of clear resistance like Mike did. It'll be interesting to see where future price ...

james16 Chart Thread

Hello Everyone! This is my first post on the James16 thread, but like so many others here, I've been keeping up with this thread for a while now...about 6 months! I've been lurking here as well as in the PF for a while now, but I thought I'd start ...

james16 Chart Thread

Oops...I completely misread his request. Well, hopefully some people can put my links to good use!

Sonic R. System

Hey faheem, I know I'm not emmanuel, but maybe I can help. If you are new to the concept of S&R, I first recommend reading this for a basic introduction: url Also, this article (even though it's in the context of stocks) is a great supplement to ...

Sonic R. System

Just wanted to say thanks for everyone posting this week! I know I have a grand total of 1 post on this thread, but I watch it like a hawk. A special thanks to Grins and hansma! Grins, your analysis this week was spot on (at least in my opinion). ...

Sonic R. System

Hello! — Hey everyone! This is my first post on FF ever! I want to start by thanking all of the active posters in this thread for their contribution to this system! The real reason I created an account for commenting was because of you guys. ...

Sonic R. System