Hopefully, C-12. But I think there's still some resistance left at the 1.5950ish area. And we've got the BRN 1.6 above. Very much so, Jim. That's a pretty good strategy and something I will try next time I lose: if it is a false breakout, just trade ...

james16 Chart Thread

Thanks for your encouragement, Jarroo. Yes, the space is what I like about it most, too. I hope the small 4h level isn't one of those minor yet very reactive levels we were talking about. Whenever I improve my strategy by implementing something new ...

james16 Chart Thread

Very nice example, Jarroo. Those levels can be blessing or curse. I saw Mike's evaluation of GBPUSD yesterday. He is a much more experienced and better trader than I am. Plus I am aware of where all the other GBP pairs stand, what the USD index ...

james16 Chart Thread

P.S.: That doesn't necessarily mean I would trade that level at a retrace but I might if I trust the HCR/LCS it retraces to.

james16 Chart Thread

Good question. I don't know how Jarroo handles these levels but I personally take them into account. I would like to see at least a breach of that level (i.e. price getting above but not necessarily closing above it). That would be a sign for me ...

james16 Chart Thread

Yes, you're right, Jarroo. I closed my position because of this support level. Betting on a further drop seems to risky and would mean a bigger stop loss to avoid a possible retrace wiping out my SL. Doesn't seem worth it.

james16 Chart Thread

I closed both trades this morning. AUDCHF at 0.9758, AUDUSD at 1.0253.

james16 Chart Thread

I underestimated the AUD pairs yesterday and maybe I'm doing it again. But as I am already more than 3:1 in the black I'm not willing to give back that much profit. I'm going to bed soon. So I moved my stop on AUDCHF to 0.9813 based on the 4hr ...

james16 Chart Thread

Oh man, this sucks. I'm sorry for that. But you've found the right thread to make this thing work. Just follow Mike's and the other experienced trader's advice, read/demo as much as you can, be persistent and you'll get there. All the best for you ...

james16 Chart Thread

I think AUDUSD is arriving at a significant area. I moved my stop to 1.0290 to secure some profit. I will take full profit at 1.0218.

james16 Chart Thread

Similar situation on the NZDUSD. Here price breaking the 4h support/demand level is even more obvious. An entry from the daily lows or 4h LCS would have been nice.

james16 Chart Thread

My entry for NZDJPY was a bit too high (an entry on the lows would have been more accurate). It's just about to crack the small blue 4h support level and seems to work out nicely. If it gets below I suspect it to reach the 62.10 level without ...

james16 Chart Thread

Hey Chanya, what TF are you refering to? The 4h?

james16 Chart Thread

Hi migmac, they are for members only at the PF: url

james16 Chart Thread

Thank you very much, Jarroo.

james16 Chart Thread

Jarroo, I have not seen all of your videos yet, so sorry for this premature question: do you ever take full profit at a level or do you always trail your stop behind important PPZs, HCRs/LCSs, etc.?

james16 Chart Thread

You were right, Jarroo. I underestimated the power that's still in the AUD pairs. I moved my stops on AUDCHF to 0.9884 and AUDUSD to 1.0333.

james16 Chart Thread

You also seem to have piled up some proft now. This is a very nice SL method to catch runners like this, Jarroo. Hm, I'm not sure what to make out of the 4h PB from friday. It may just be the obligatory friday sell-off or the start of some bigger ...

james16 Chart Thread

Those are great news, you guys. Congratulations. Keep up the good work! Hi Jarroo, thanks for the compliment. Where did you enter the trade? Have you already locked in some profit? I think I will stay out of this pair next week and maybe ...

james16 Chart Thread

Sorry, I can't post charts at the moment. Just a quick update on my trades: I closed my position on EURAUD at 1.2199. I thought about moving my stop again but I think price has reached an important resistance level now. A bigger retrace seems ...

james16 Chart Thread