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- True777 replied Nov 19, 2010
A dbl with a lower close, followed by a mediocre pb that makes it a triple bar low. got short at the break of the pb, had decent res at the trendline, trade worked out. does this triple bar low with a pb built in mean anything as far as higher ...
james16 Chart Thread
- True777 replied Aug 3, 2010
Yeah Jarroo I took it at the break on a demo, took half +50 and moved my stop to a free trade. haha I wake up this morning and read your post about it being "an easy pass for a good trader" or something along those lines =)I wouldn't have taken it ...
james16 Chart Thread
- True777 replied Aug 2, 2010
Just the fact that the last 4 weeks has gone nowhere, just range bound, and pbs work better in a trending market. Even on the daily over the last while it doesn't look great, we did somewhat of a double top, now possibly putting in this triple ...
james16 Chart Thread
- True777 replied Aug 2, 2010
Big pin off solid sup and a fib...weekly looks pretty nasty though and no trend...thoughts?
james16 Chart Thread
- True777 replied Aug 1, 2010
Adilius, saw this gpy/jpy setup as well on fri, like the look of it. Might be nice if we saw some price action on the 1hr or 4hr when/if it breaks the pb high. Say a nice buob that way our stop would be at the low of that as opposed to the low of ...
james16 Chart Thread
- True777 replied Jul 30, 2010
Jarroo could you fill me on what a proper IPB is if this only "looks like one"
james16 Chart Thread
- True777 replied Jul 30, 2010
compilation of system rules — I read through the first good bit of the thread about a year or so ago, life took me other directions and not till now that I'm able to pursue it more. I feel I retained most of the setups and rules, but find ...
james16 Chart Thread
- True777 replied Jul 30, 2010
if I knew I'd be a millionaire in 10 years I'd be air five'ing you guys right now =)
james16 Chart Thread
- True777 replied Jul 30, 2010
hey donkey, how do you get a 6175 entry on that daily ipb? from what I've read your entry would be at the break of the low at that ipb...?
james16 Chart Thread
- True777 replied Jul 29, 2010
gbp/cad — what about a gbp/cad short from this 62 level? the last 4 weeks have all had highs with 10 pips or so of this level. maybe some PA setup and a short? thoughts?
james16 Chart Thread
- True777 replied Jul 29, 2010
not new to forex but new to this type of trading, so not alot in what I say =) but... agree with blue and you would really want that pb closing higher than it opened, i.e. green pb instead of the red you have...
james16 Chart Thread
- True777 replied Jul 29, 2010
guess I'm thinking bigger stop means a bigger target for risk/reward justification...
james16 Chart Thread
- True777 replied Jul 29, 2010
Mike did you take that 1hr pin off the roll reversal?
james16 Chart Thread
- True777 replied Jul 29, 2010
any way you could have played this? .8322 is solid support...
james16 Chart Thread
- True777 replied Jul 29, 2010
Ah! Thanks Mike! 3 bars prior to this OB there was a bearish candle that created a dbhlc, would you have seen this as a good setup as well since it was at the same area with all the confluence?
james16 Chart Thread
- True777 replied Jul 29, 2010
Chaos, I think I've always read/heard that if price bounces off a level, but comes back not long after to retest it is showing that that level isn't as strong as if price were to bounce off of it and really move away from it, not true?
james16 Chart Thread