Good setup kershey. easy 1:1.

james16 Chart Thread

Yes VBRN are numbers such as 185/190/195... and so on.

james16 Chart Thread

Hey FxBat, I was watching this one. I did not get a red pin(close below open) so i did not take it. Also watch out for VBRNs in this case 190.5 area. Had it given a red pin and if there was no VBRN i would certainly take it. But GBP/USD has given a ...

james16 Chart Thread

Sure you can trade on break of TL and pullback to it. Nothing wrong with it. TLs can also act as PPZs. They are all over the place, but i don't trade them. About having as much things to tip my favor - This is fine if you have a big a/c with a ton ...

james16 Chart Thread

Today i m going to share another strategy/trade plan for those who like to wait and aim for a higher R/R. The strategy is 1. Look for a nice PA. 2. Find a trendline or a Fib retrace on the PA. 3. Enter on the break of the PA. 4. SL goes behind the ...

james16 Chart Thread

Ahhh Fxbat, see this the an issue i used to struggle a lot with earlier. Remember S/Rs are not set in stone. They can break or hold , you never know when you enter if the FTA is going to break or hold. now if you convince yourself that the trouble ...

james16 Chart Thread

Good job GB. My AUD trades on daily, almost there. image image

james16 Chart Thread

The OB did not break. Instead we got a IB and it broke upwards.

james16 Chart Thread

because i got a nice strong PA. Read my above posts and let me expand on this. I have traded PA for over 4 yrs now and i have always looked for PA on confluence areas/PPZ...etc. you will never know why the PA is forming, its just what institutions ...

james16 Chart Thread

Usd/chf - be. image

james16 Chart Thread

Yes GB, that is correct. R/R = size of the PA bar. you can do the same on daily also. I trade the daily's and i m up 100+ pips this week. From my research , i see that on 4h you get about 5-6 setups and on average the strategy makes 150 pips. Now ...

james16 Chart Thread

USD/CAD BE. image

james16 Chart Thread

Yes, always trade intra week. The dragon can be dangerous if you don't close your positions on weekends.

james16 Chart Thread

hey GB, the we have a nice PB @ 193.5 area , but trouble sitting right above , infact we are almost there. My analysis that is if EUR crashes tomorrow we should get a good rally on GBP and if it does I m not so sure we will get a pullback to the ...

james16 Chart Thread

Someone wanted to take a trade on USD/CAD daily. I was going through the charts. I spotted a nice IB at good location on USD/CAD. The friday bar did not break below the IB. Lets see monday bar if it can break below the IB, if it does , it should ...

james16 Chart Thread

A little bit of consolidation analysis would have helped. I believe you took the pin at the top of the box. you absolutely had no room to move. Market did what it was supposed to do. In CAD/SGD , you had no room below as you were going right into ...

james16 Chart Thread

So, why is this an issue? This is normal IMO.

james16 Chart Thread

For outside bars, Make sure they are not huge. Those huge OB like 100+ pips are trend bars and you will have to set your SL way below because after such a huge move markets will pullback and during the pullback your SL can get taken out thinking ...

james16 Chart Thread

Can you give me an example. Oh yea few guidelines which i follow that i forgot to mention. This is just something i have a habit when i look for IB. I just assumed people would know it. Sorry about that When taking a IB , 1. Make sure you are not ...

james16 Chart Thread