CAD — I'm not touching anything CAD !!!! Not a chance !!!

james16 Chart Thread

hipster — Open more than one position and make sure you close one of them with some profit... then move your stop up... lock in some pips... I do this all the time !!! That is, on the few occasions I ever get into profit zone !!!

james16 Chart Thread

You know, the comment about micro PBs or mini PB really got me to thinking... cause on my charts, I can actually make them look really big... I tend to make my charts with big candles and zoomed in etc because of my eyesight which is not so great... ...

james16 Chart Thread

so much to think about — Gosh so much to think about... and all I was, was feeling PinBarish ( again !! ) I feel USD negative........................ so gonna think more about this one (chf) Almost same set up as last nights usd/cad... hmmmmm ...

james16 Chart Thread

zoomed out a bit — usd/chf zoomed out a bit more.

james16 Chart Thread

usd/chf — OK, here is chart of 4 hr chf... my idea of PPZs and fibs... gives me a profit target of maybe 1.1797. Lots of confluence there... two fibs and s/r... Am I analysing better here ???

james16 Chart Thread

usd/jpy — Yes I can see where there may be a PB forming on usd/jpy... except if it does end up as some kind of PB... it will be well down compared to the previous candle... and at this point I am getting very skeptical of PBs that arent so ...

james16 Chart Thread

usd/cad — Ok OK OK I will just tell you the truth... steviet said he already had gone long on the PB... so I did too... so really it is his fault !!! LOL I mean... isn't he the forex god ??? Yeah I know about the magnet effect... just ...

james16 Chart Thread

# 2 — For me it is still slmost always reason # 2... it wasn't a good trade in the first place... of coarse I learn from it... but it is discouraging after so much time to still so often make bad trades that weren't good from the start, and ...

james16 Chart Thread

PB — Yes, you are right, I should have waited to take the trade. However, for some reason it looked so nice, and I had prayed to forex god about it, and he promised etc.... I did wait for break of PB on eur/cad... but still went against me.. ...

james16 Chart Thread

CAD — Alas... seeking light has gotten his parity on usd/cad.... Is this all just luck...?? Or I guess those complicated charts really dooo work... !!! Bad day for me... I am out $ 40 today... 2% of my account... got to go and regroup... ...

james16 Chart Thread

Agree — I agree with all the answers so far... take smaller position size... don't go for so many pips as targets. And if you follow regular PB rules you do not get in until price is hopefully already going in the right direction. And the stop ...

james16 Chart Thread

eur/cad — Yes, and eur/cad PB looks pretty good too.... and looking back ( semi backtesting... ) eur/cad PBs seem to work very well !!

james16 Chart Thread

Cad — If nothing else, it is time for some retrace here... the poor dollar will only get more and more weak I am afraid... when you say things like that, just makes me want to long on EUR and GBP and go take a year long nap and see what I wake ...

james16 Chart Thread

usd/cad PB — Yes, but that time could easily be called traffic.. and that trade never would have fired off if following basic PB trading rules !!

james16 Chart Thread

fozzy — And if there is a fozzy cross here too... means good news for the PB !!!

james16 Chart Thread

usd/cad — usd/cad burns me a lot... but it seems to work well on things like PBs or H & S... I think I will probably give it a try... price is so far down... time to come up a bit... and Put Seeking out of his short trade here...

james16 Chart Thread

gbp/jpy — How this as a three day doji... ??? Does this mean we might be ready for the breakout ??

james16 Chart Thread

usd/cad — OK... so are we going to call this a PB or not ??

james16 Chart Thread

True BUT.... — I agree too, BUT easier said than done !!! When one is starving for good set-ups and there isn't one. However, since I started J16... my pips winnings have gone far far up... instead of getting 20 or 30 pips on a trade.... good ...

james16 Chart Thread