james16 Chart Thread

Quoting fxkaka

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Hi Mike, Can you please explain the EUR/USD chart, I am very confused. Same time it looks up and same time it looks down. I will be thank ful to you. If anyone else comments on it please do it. I would appreciate. Regards, Kay Kay {image}

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Quoting idhysek

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help me want to know these shortcuts anyone pls PBT and CB, hcr

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Quoting jarroo

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I saw them too, makwana . . Not only that minor LCS but a very minor HCR level too. Price made some nice lower TF Signatures there too . .I just thought they where two minor levels.. I guess the GU was just looking for any excuse to go short. ..even off minor levels. We'll have to wait for the Daily Close to see if the BEOB has any strength. Jim {image}

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Quoting mbqb11

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to follow up on these charts from yesterday we got a nice buob at a swing low off the base of the rising channel and breaking out of the wedge formation. I took this to the FTA and took full profit since we are trading into a large range {image}

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Quoting Magestic

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Hello, Mike. Was watching this as well. I'll try to catch a better price to sell on a retrace of that down move through some major areas. If I'm wrong will quit with a small loss. {image}

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Quoting Hiten123

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Just bumping this post I made in the morning. I've been triggered in long on that one. Here's another trade I'm considering. Would appreciate thoughts. It's a long trade on EUR/CAD, entering on the break of the BUOB. What do you reckon? {image}

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Quoting mbqb11

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Hey Hiten Be careful with that BUOB H. If you notice look at how the low of price is stuck in the middle there. This makes the BUOB not at a true swing low and also very small. If that low was the LOWESET point (lower than 1.2960) it would give you much more information here. You are also fighting the much larger bearish bars of recent so to swim upstream I'd always like a bigger bar to give you more of an idea of who has control Best Mike

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Quoting patapouer

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Oh man, I gotta love that stuff Nikkei, entry on the break of the H4 pinbar at 12.000, SL put just at the RN & 50% retracement, and now moved to BE - something. Let's see how it closes tonight, a little pinbar would be nice {image} {image}

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Quoting mbqb11

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Hey Kay kay For me it's always, where is the best story for a pair(if any)? In this case I think the 4hr i still the most clear POTENTIAL story So for me I think the pattern I posted for the last week or so I still relevant. Price is struggling to make new lows and that could lead a move higher if price can get through the pattern and scare the sellers out along with moving through that BRN. I hope this makes sense Mike {image}

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Quoting mbqb11

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that's a nice big ole pitbull pinbar some strong resistance just above but glad you protected yourself Good job P Mike

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Quoting ziven78

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Hi all, What do you think about GBP/NZD? Comments much appreciated. Thanks {image}

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Quoting Magestic

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Too far from breakout area. Wait for a retrace for me.

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Quoting obmepa

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GBPCHF is approaching 1.45 BRN zone. Interesting to watch what happens there.

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