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mbqb11 replied Aug 21, 2016Hey Zaak Just some things I see like Flor said. I don't have a buob on my feed. Could be seen as a 2day pinbar but it's trading back into the wedge. This is resistance until we get above. Personally I like the idea of looking for longs IF we can get ...
james16 Chart Thread
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mbqb11 replied Aug 21, 2016this is my top chart going into next week Simple boxing right around the 13.500. Will watch for breakouts and failures at the highs. Just waiting for good PA to show us where it wants to go. But as I said a few posts above this market is acting very ...
james16 Chart Thread
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mbqb11 replied Aug 21, 2016Hey Chap That first 4hr buob didn't close above the TL, so I used the next hourly close(which was also another aggregated 4hr buob) to take the trade. I always want to make sure i'm above/below my area Best Mike
james16 Chart Thread
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mbqb11 replied Aug 21, 2016great job L! That was a very interesting pair respecting S/R quite well. That's always the best when the market actually respects things. A lot of pairs are so choppy that the levels they respect are much wider and thus makes it more difficult to ...
james16 Chart Thread
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mbqb11 replied Aug 20, 2016
How are you PA? What's good in the markets for you? Mikejames16 Chart Thread
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mbqb11 replied Aug 20, 2016How are all my friends doing
I know I've been not so active, apologies for that Was a tough week in the markets I felt. I had a losing week, but just gotta keep applying your edge. I've said it all year long this is NOT an easy trading year in my ...james16 Chart Thread
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mbqb11 replied Aug 11, 2016How to better understand support and resistance video uploaded to youtube from this weeks webinar url I'd like to post this chart with it too image Enjoy Mike
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mbqb11 replied Aug 10, 2016Hey Alphac I got short sunday the dow and sp yesterday the nasdaq had a perfect fake breakout play that mimicked the sp500. Because of that I just watched assuming it would pull my trades with it will see how far we can get pulled.
james16 Chart Thread
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mbqb11 replied Aug 10, 2016anyone else jump into the shorts? I still think we could see even another retest of 2180 . The bulls want to prop this up each time, but I still see more downside risk then upside. I could be wrong of course
james16 Chart Thread
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mbqb11 replied Aug 7, 2016another nice area to watch. I like shorts above because of the larger PPZ , recent major swing high , and divergence into this area
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mbqb11 replied Aug 7, 2016Hope everyone had a great weekend I find the indices really interesting again this week. SP is pushing into the highs and showing nice divergence. Dow formed a wick type bar closing under the all time highs. Maybe a dow 18500 and SP 2180 reversal ...
james16 Chart Thread
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mbqb11 replied Aug 2, 2016here is an area I prefer to look for FALSE breakouts only. Yes there is a big daily buob and that might win out but for me it's always about going into a trade that you feel comfortable with. That has everything to do with location for me
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mbqb11 replied Aug 2, 2016Here is an example of a false breakout I trade on the usd/zar. I had a couple small losses looking for the gap to close last week but this one worked fairly well. Next post will be another place I would be looking for a false breakout image ...
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mbqb11 replied Aug 2, 2016Today was a great trading day. Been tough markets so if you can weather that storm then the pay off comes when those good days come Here were some of my trades and I'll also post some charts i'm looking at going forward now I was heavily bearish on ...
james16 Chart Thread
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mbqb11 replied Aug 2, 2016Hey Zaak It's completely normal part of the learning process. Humans love to self-sabatoge and trading brings that out. I wrote an article on this that may help you url Lemme know if it helps Mike
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mbqb11 replied Aug 1, 2016Hey Sirovai Welcome to the thread
I don't see any divergence on the daily right now as price is in a pretty strong bearish move. I think it's easiest to use Boxing to identify S/R on this chart right now. You are correct we are near a PPZ We are ...james16 Chart Thread
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mbqb11 replied Aug 1, 2016just a little note here. I see a few people starting to use this thread as self promotion for their sites. Although it's an abyss here in the commercial forum i'm going to ask that people stick to their own threads if you aren't here to help discuss ...
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mbqb11 replied Jul 28, 2016absolutely C It's really important to know if you are above or below said PPZ. If you are ever unsure then you are doing the right thing to move on. I do the same thing when i'm not sure I used this pivot for 3 trades(BRN for the last but with the ...
james16 Chart Thread