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Carnegie replied Nov 12, 2010Yeah that's true also Pinbar, but the main concern about this trade is something I haven't been really clear with asking. If you think about it, I'm not really asking about the bars (actually in the beginning I was). It's rather about these PPZ ...
james16 Chart Thread
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Carnegie replied Nov 12, 2010Pinbar my friend. I already KNOW that it isn't a good trade, what I was looking to see is how you THINK about these trades when making two in a row. And by asking, I learned that if I were in that trade, I should hold on to it but be caucious ...
james16 Chart Thread
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Carnegie replied Nov 12, 2010Sorry for the double posting guys, I saw the post after I made the other comments. This is what I was thinking also, that this one closed below the area(parity) that you said the first BEOB couldn't. And since there are two of them in a row, ...
james16 Chart Thread
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Carnegie replied Nov 12, 2010I think it's time to be honest. The truth of the matter (as it seems right now) is that I actually have a good memory. So the reason therefore should be that I just haven't understood yet. Yep, and that's what we (Mike + you guys) said about THE ...
james16 Chart Thread
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Carnegie replied Nov 12, 2010Chaos, just a couple of questions: You say these BEOB are at unideal locations, what makes them unideal? Should they be at a swing high or low to be ideal? And yes I will listen to Mike from now on but I wanted to ask if two setups after eachother ...
james16 Chart Thread
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Carnegie replied Nov 12, 2010Morning guys! (Shouldn't really be morning since I should have been awake 4 hours ago..) Had a nice day yesterday, played football with my friends to 2AM in the morning. Nice day! Anyway just trying to catch up here and I have a couple of questions. ...
james16 Chart Thread
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Carnegie replied Nov 11, 2010Okay Mike I won't take it because last time I did I screwed up. But some help here please if you have the time. Is it a poor bar(and weak) because of it's SIZE? Okay I've never seen the 'pitbull pinbar' before, any idea where I can find them and ...
james16 Chart Thread
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Carnegie replied Nov 11, 2010Mike is that chart for me.. I'm guessing I'm 'C'?
Anyway look what I found. There is an attached chart of EURCHF Daily chart. I have my checklist before I trade and lets see what confluence I have here and if you guys agree. 1. Pinbar 2. PPZ ...james16 Chart Thread
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Carnegie replied Nov 11, 2010Yeah I guess you're correct in all that you have said today Pinbar. Some truly valuable lessons for me and everyone in this thread. Funny thing it is this trading.. What brought me into this game is keeping me in the losing corner of this game.
james16 Chart Thread
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Carnegie replied Nov 11, 2010Yeah that's a smart idea, I'll add that to my checklist. It's starting to look like something now I would say. Hopefully one day I can be just as good as you guys and MAN am I going to contribute back to this thread. Anyway I looked into PPZ. It ...
james16 Chart Thread
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Carnegie replied Nov 11, 2010Allright I'll add BRN and RN also. BRN is like EURUSD 1.4/1.3 etc right? And RN is incremental of it like 1.4150 etc.. Or have I got it wrong? I'll definitely check out your PPZ link. Thanks!
james16 Chart Thread
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Carnegie replied Nov 11, 2010Yep, that's my case right now pinbar. Pulling the trigger because of pure frustration. I was thinking, are there any links to the jarroo posts about PPZs? Yeah that's true pinbar, and that's why I demotrade. They can take all my demomoney they want ...
james16 Chart Thread
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Carnegie replied Nov 11, 2010Yep it was good, really should have listened. But then I thought to myself (and asked) with a buffer of 20 pips, wouldn't the trade be WITH the trend rather than a 2 pips break.. So what I did was put my entry 20 pips down and guess what
Thank ...james16 Chart Thread
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Carnegie replied Nov 11, 2010Yes ofcourse jarroo, not going to touch a real market unless I have 3 months+ in profit as James said on the first page. My current AUDUSD trade is short from 0.9976(yeah, it's RIGHT ON THE PIP AND THEN REVERSED). From the daily, it was a BEOB + ...
james16 Chart Thread
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Carnegie replied Nov 11, 2010Thanks jarroo and all of you guys who contributed, really nice to see allot of people trying to help! I learned something new here, didn't know we took profit at previous bar high/low. Maybe that explains why my current AUD/USD trade is negative.. ...
james16 Chart Thread
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Carnegie replied Nov 11, 2010Yes I agree very much with you there Pinbar and also Adilius. You both make a good point. But here's the thing. Right now I know that I am incapable of lining up my trades with confluence, I really don't know why I just jump on the trade if I see ...
james16 Chart Thread
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Carnegie replied Nov 11, 2010Okay jarro found one example just to show you, I'm sure you know what I mean. Look at this AUDUSD. The move would have got me into the trade and faked me out! How do you handle this? Is there any other method you guys use? Thanks!!
james16 Chart Thread
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Carnegie replied Nov 11, 2010Yeah that's the one, I was also asking about a couple of daily charts. I'll look thru' my charts once again and find these fake-outs and show you what I mean! BRB

james16 Chart Thread
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Carnegie replied Nov 11, 2010Morning guys! Nice charts you got there jarroo. First I wanted to 're-ask' what I asked yesterday but nobody answered. Perhaps because it was in the middle of the night and none of you were online. I have backtested a little with just entring when ...
james16 Chart Thread
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Carnegie replied Nov 10, 2010I did some test on DB-bars and BU/BE OB's and how to trade them. My first approach to them was to just buy or sell at the break. Now that I've done some testing on a couple of charts, I have noticed that the market 'fakes-out' many, many times when ...
james16 Chart Thread