When the squirrel gets shocked and leaves a burning trail, that's what we call a "pinbar". The longer the burning trail, the better the setup LOL

Hi Pinbar I was doing exactly what you were doing. I was using just lines but then I saw that post because I was trying to find more information on PPZs. It would be very helpful I think if that post was mentioned in post #1

From now on, every time I draw out my PPZs, I'm going to be seeing images of BBQ'd squirrels.

Yes I think. Trade ppzs which are tighter in range Thanks Jarroo.

confused? — Ok... I think I'm even more confused now haha On your chart you have two levels marked off. Are you saying they are two separate zones? I'm asking because in your link you said "The area between the Sup and Res levels is the PPZ". ...

PPZs — I too was having trouble with drawing the PPZs. In fact... I was actually drawing it out wrong and then found this post by Jarroo. url This part I consider the most important in his description: PivotPointZones are made up of Support ...

Location makes a world of a difference

Thanks Jarroo. I've been having patience issues. I think too much time on the 4 hour charts so I've moved to watching dailies. Gotta learn to walk first before I start running off to the 4 hour charts

usdcad daily — Anyone else watching this one? 1. price at daily support 2. trendline 3. although I don't have my retracements up, it's the 50.0%/61.8% area 4. triangle/squeeze The daily bar hasn't closed yet but we have what looks like an ib? ...

A while back when I was on demo using FXCM's platform I remember I opened up the trading station to find trades that had triggered. Problem is... I cancelled these orders a few days before. Somehow they had just "popped" out of nowhere. Thankfully ...

Trial and error is definitely part of the process. You'll find with trading that there's tons of info on things like PA, trend trading and counter trend trading, fib retracements etc. All of them work, you just have to find what works for you.

lol. You know Kiss, you had wayyy too many trendlines in my opinion. It kinda reminded me of that game "pickup sticks"? Sooner or later price was going to hit one of them Your new approach using fibstrike is definitely "KISS" and is interesting ...

eurgbp location — This one is on my radar. Location... 1. 50.0% retracement 2. Round number 0.6000 3. 150ema and 365ema in that vicinity Things to be aware of... 0.5000 BRN lies below

Thanks Mike

audcad daily — Here's a daily setup on audcad. 1. two day pinbar (which broke) 2. 50.0% retracement 3. resistance 4. first touch after crossing the the 150ema (I think James says these are powerful?)

Thanks Mike just trying to get reacquainted with PA again. Been a while. Funny thing is... when I was trading PA at the time I've now realized I was actually trading it wrong hah. Go figure.

Hey Roger Paying you a visit, been a while Seems like your trading has taken quite a turn. Last time I was on here I remember your charts having tons of lines lol. Good to see you're doing well

eurgbp weekly — Kinda new posting to this thread but have been around for a while in the forums. Just noticed this on the eurgbp weekly. Price hit 50.0% retracement, support, 150ema... formed a pinbar which did break up. It is being rejected ...

wave summary — Well... it's been a while since I've posted here. Haven't had the time for the most part and have had some traders asking me whether my wave analysis was valuable or whether it was worth my time going through the exercise as I ...

update to post#1530 — Update to post#1530. Although euro did proceed with a wave up today, the current wave seems very weak and when you compare it to the previous wave, it's not large in size either. When this happens I ask myself these two ...