Recent content by jinbal

Just had a look and see what you mean it seems like a case of the lesser of two evils - both currencies seem to be under pressure

In what way? does seem to be struggling to clear yesterdays high

agree It's like the "smart" money prices in the news before it comes out and their actions present nice price action to us. BTW some nice pins on: cable EURCAD - long GBPCAD (not as nice as others) -long CADCHF (nice bounce off resistance + 150 + fib confl) - short CAD looking weak - can't...

yeah bouncing at a really nice lookig price pivot no obvious fib confluence though - but I think that price level is strong enough on its own cheers Jin p.s. prob gone and jinxed the ****ard now........:whistling

How do you play the retest? do you look for Price Action on a lower TF? or do you play it aggressively from the touch with a tight stop below the pivot level? if you catch my drift. cheers Jin

Thanks mate I'm fairly new to TA/trading (since last summer), luckily I found this thread fairly quickly and the j16 thread and haven't really looked back since. I recently (last few weeks) joined J16 group and started concentrating on a few major FX pairs and some commodities, previously I...

Decent pinbar setup on silver? nice looking pin kisses the 150 EMA which lines up with a decent price pivot AND the 50% fib from the aug16th low thats fair amount of confluence problem areas 17.46 and 18.73

Has anyone seen the daily pins forming on the DOW and FTSE? - you'd need a pretty big account to afford the stops on those!