james16 Chart Thread

Hello, what do you think about these setups?

eurusd 10M short entry. PB on 10M
earlier there was a good opportunity for long trade at bottom - BUOB + div

Thank you Benji.I didn't have Eur/Nzd on my screen until I saw it on your chart.So far it's working out very nicely
Pipzilla

very good Ben, markets are consolidating in most places this is where my mentality shifts too

BesT
Mike

Hey FX__R

Just gotta send my words of carefulness out . James16 wants us to start on the higher timeframes daily/weekly while we build the foundation. This low timeframes can really break us down if we aren't careful. So that is my mini rant to stick to the j16 minimum requirements(post 1) in the meantime.

They both clearly did work out. I prefer the BUOB b/c there is more information there, and then bearish pin I would like to see a larger nose that sits higher up on the previous bar(so it sticks otu further)

I do like how you are keeping your charts clean and looking for simple things. It's powerful

Best
Mike

nice looking buob on aud/cad h4. confluence with fib and rn. seems to form a pinbar on the daily. -ve: close was not very strong...

love this

Maybe good place to wach?

This pair worked out well on a bounce of TL and S/R .
If the daily PB works out and we see a pulback i will look for some bulish PA at 2th FTA i like the confluence there

Took this one on the break of that 1 h candle that closed above trendline. 50 % off, rest to breakeven.

Good eye! I'm watching that as well.

Pat

Hi Pat
Which way do you think will it break out?
Would you enter on a close out or wait for a retest?
Mónika

I would love to see a BEOB break out.....
M

What if can close above 0.95?Any comment?

Update on prev. HG chart I posted and was looking at here

I took a break of the IB long. Moved stop to entry at FTA. Moved stop for 50% of position up to low of 2nd IB looking for a further move to the upside. Stopped out on 2nd half of position at entry. Result 1R.

https://lh4.googleusercontent.com/_T...g-daily-ib.png

Hi Mónika,

I don't now which way it will break out, but to me the pair looks kind of bearish but that does not mean that I would not enter on an upside breakout. If I would enter on a close out or wait for a retest, really depends on the situation, I might not even enter at all. I will just watch and see if we get some nice looking PA.

pat

Strong bearish momentum held by BRN 1.3700, Trend Line and a couple of Fibo ......... BUT ......... location of the pin bar is ok however the bar itself is not that attractive. i see some consolidation here so just wait for some more clear price action.

As today is the breakout/patterns day..here goes my EUR/USD chart

It will be interesting to see to which side it breaks out.

Os.

Hi,

I find this PA quite ready to make some mess. It has been up like hell with no down bar other thanthis more recently one. Markets can shoot liket this for even longer but the further they go, the more likely a correction or at least a stall is due.

I reckon.

i missed that strong bullish move on NZDUSD as i could not see an entry point at the daily chart (of course i am a newbie).

Now this, price borke through BRN 0.7500 and retest the level again. today's candle, piercing through two Fibos, still has 60 minutes to close but is shaping as a strong bullish candle. if it will close like this preferably above the wick of last Friday's candle, i am planning to go long.

any comments ?

this failed. love to learn from mistake.

Thanks