james16 Chart Thread

Dax Futures 4 Hour chart.



EURAUD 4 Hour chart.



USDJPY Daily chart.



USDCHF 4 Hour chart.

Fill your boots?

What made you take a buy trade there?

For what it's worth a couple of notes I've made on the previous DAX 4 hour chart I posted. I've added a 1 hour chart and 15 minute chart with some notes, going down in time frames can be great way to look for entries on higher time frame areas (the areas obviously apply to all time frames).

This was interesting because there was trendlines, flip zones and gaps, which is why I posted it in the first place, it's great when price respects these areas and even better when there's some PA to trade them. I hope my thoughts aren't too confusing and that it might be helpful.

Dax futures 1 hour chart.



Dax futures 15 minute chart.

I was waiting for someone to call me on it.It was a crap trade.

Didn't answer the Q Alphac,I was looking for a retrace trade,had R + 50 fib{the only one I look at] self doubt took over and I closed it.Turns out I had it nailed.

So, not a crap trade after all

No,just my attempt to rewrite historyDidn't work?

GBPNZD 4 Hour chart. Two bar pinbar.

Another leg down for the pound?

Don't normally trade the Swissy,they used to be notorious for meddling.

CHFJPY Daily chart.



CHFJPY 1 Hour chart. To show flip zone below current price, whatever time frame you're trading make sure to check out other time frames to see what may hinder a trade or give you an area to take profit, move stops etc Or even a whole new area to trade from. Price flips are everywhere, plenty of opportunities to trade, just take the best ones.



EURGBP 1 Hour chart. The rise against the pound is relentless at the moment, when you find price flip zones on these smaller time frames don't be afraid to buy or sell, even if it's against high time frame direction.

GBPJPY 1 Hour and 4 Hour charts. An example of why to take only the best moves and look for confirmation at these price flips.

Looking at the 1 Hour you could say 'well price has broken through resistance, it's a breakout'

Look at the 4 Hour and price is respecting the flip zone and can't break above, it's acting as resistance.

What do you do? Read the first line again and use common sense.

GBPJPY 1 Hour chart.



GBPJPY 4 Hour chart.

great alphac

I was already short because of rejection on H4 wich has more priuce than H1

Because of the pinbar?

That aside, there was a GBPUSD Daily pinbar and a GBPJPY 4 Hour pinbar, both at good locations, the GBPJPY wasn't a tradeable bar imo, but what they both have in common is price reacted afterwards where you would expect it to, the first trouble area (the blue rectangle), you have to be prepared for these because price is unpredictable once it reaches there.

GBPJPY 4 Hour pinbar.



GBPUSD Daily pinbar.

yes i was short on gbpjpy because of pinbar after inside bar

CADCHF 1 Hour pinbar. Today another similar setup to the ones above on the 1 hour chart, the pinbar is in a good location and price afterwards seems to have an easy time moving down before retracing, but a look at the 30 minute chart shows it did react to a swing low. Any top or bottom of a bar or can really be a trouble area, the point is really to be just aware of the chart around your trade.

CADCHF 1 Hour chart.



CADCHF 30 minute chart.

yes but H4 is in with 1H and have more weight than 30 min