gbpusd — Nice area to be looking for PA to go short. Confluence of 61% fib from last daily swing down and a daily PPZ. Of course with interest rates due out tomorrow on GBP it could be time to sit back and watch. If we get the expected cut ...

audusd — I'd definitely agree with you DutchTrader, long is the only direction I want to be looking at on this pair right now. Check out the chart below: confluence of a daily PPZ and 50% fib of the last daily swing down. Now we just need the ...

Glad you made some pips from it Pipsi cola, good work. I'm still in my 2nd half, although it seems to be having a bit of trouble making any headway. Let's see what happens overnight...

eurusd 4h — Price has gone exactly where expected. Went through my TP1 (1.3502) by 1 pip before retracing. Rest of the trade is now at BE with final TP2 set at 1.3546. Gotta love PA

Thanks Ghous, still plugging away . Well done on your recent trades by the way. You seem to have the basic pa stuff nailed and some of the more aggressive entries you've taken have been very well placed. I'm not quite there myself yet, still ...

Hi xcov, it really depends on what time the 4h bar is set to close. I use 2 feeds: Alpari and FXPro. The 4h bar on FXPro certainly looks like a pb at the moment, however the close of the bar isn't for another 2 1/2 hours! A lot can change in that ...

eurusd 4h — 4h pb off daily ppz. This is against the strong euro downtrend we've had over the last few days, but off an area which could give us a bounce back to the previous bars lows. TP would be around 1.3550

eurchf — I had my tp set to 1.5150 upon the break of the wk pb. It hit this on one of my brokers, but missed on the other. Thankfully the larger account won out on this occassion, so I'm only down a nominal amount in my smaller a/c. But that ...

I'm using Alpari for my feed, but haven't had a chance to check it against my other feed (FX-Pro) yet to see if there's any difference. It could be due to when the 4h bar is 'written' on the chart. Alpari would have started the last 4h bar at 7pm ...

usdjpy — Here's a potential setup I spotted while going through my charts this afternoon. It's a 4h pb off the 92.00 round number, which is also a potential Daily PPZ although the actual area extends down to 91.50. It is supported by the ...

BEOVB example — Just saw this form on cable and thought it was one of the biggest BEOVB's I've seen recently! Both high and low are outside of the previous bars' range, and the close is lower than the previous bars' low.

Thanks Ghous I'm only really watching the charts this week as I'm having to work, so while I've got a few spare moments (things are quite easy in this in-between time of year), why not fill it with watching some PA! I took the daily pb on this ...

Yeah, I decided to get in. The location overrode the other factors in the end for me. My first TP is at 1.4140 which occurs with the 50% fib of the small swing down and the previous bar highs. From there I plan to move my other half not to BE, but ...

This bar didn't close technically as a pb as its close was 1 pip above the high of the previous bar. I would also have liked to have seen a longer nose in relation to the overall size of the bar. 1h timeframe is not my favourite, I prefer Daily and ...

waiting... — Waiting for some PA to (hopefully) form off this area. Confluence of 50% fib from previous major swing down and 61% fib from latest small swing on the hourly.

Happy Holidays — Happy Holidays to all on the James16 thread. These last 12 months have been full of learning and discovery for me, and have produced the first profitable year in the 3 years I've been 'trying' to master this business. My ...

Wise words. I tend to do this anyway, but it's got part of my daily habits so I don't tend to think of it seperately. I will look at the markets each morning though, and on those that are near PPZ's or Fib's, I will decide if I'm only looking for ...

No, I can imagine not! I always try to have a couple open to compare. That's why the daily's always behave as, or closely to expected, because everyone is looking at the same thing. Still, I only play what I see, hopefully that will keep me in good ...

Thanks, I'm defo happy with the result. It would be nice to get some more PA for a long on this pair, as that is my bias now. However, I'm not going to blinker myself with those thoughts, as that's when you start to see setup's that don't exist ...

Well the second half has been stopped out at be, so I guess I called the initial resistance level correctly. Shame it didn't have more momentum to power through, but up a fair amount of this pair today, so can't grumble. Well I can, but no-one would ...