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bundyraider replied Apr 19, 2010Beautiful area of Australia, awesome beaches and weather. Higher up the coast by a couple hundred Km.
This is what I'm talking about. Goldcoast is like the entry point for tourists, but all these less spoilt areas are within reach.james16 Chart Thread
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bundyraider replied Apr 19, 2010To add?
...Yep, the good ones, when they come along, make you think to yourself: "God DAMN!!! Why don't I just wait for these ones every time?! They're are so EASY to trade!"
They really stick out, because straight away you can see the size of ...james16 Chart Thread
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bundyraider replied Apr 19, 2010SWISSY DBHLC 4hr — SWISSY DBHLC 4hr I'm dead tired... (3:30am) So I'll leave this one to the rest of you....
( I do NOT like entering when I'm this tired. Learnt from past experience. LOL)james16 Chart Thread
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bundyraider replied Apr 19, 2010Real estate is over stimulated by government incentives for around ten years. They're idiots. (Both major parties guilty) ...Totally over-inflated.
james16 Chart Thread
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bundyraider replied Apr 19, 2010Good place. Marketed very well. lol The gold coast is like where every one has moved to (it seams. lol ). So, as you can imagine, it's pretty good , but aaahhhh a little over burdened (???? lol), but there are some real magic destinations off the ...
james16 Chart Thread
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bundyraider replied Apr 19, 2010And the good thing about it is, you don't have to work at it. You just naturally get better at it all with experience. We've all learnt from each other here. Even James has said the same.
Speaking of, he must be due to drop in here again soon. lol ...james16 Chart Thread
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bundyraider replied Apr 19, 2010Yes! ...Well almost!.. lol Even if it retraces it can still have momentum. It may just be taking a breather. When a bar closes very close to the direction it's heading it's a very good thing. BUT, it's a snapshot of the market at that moment in ...
james16 Chart Thread
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bundyraider replied Apr 18, 2010Sure, no worries.
Which points exactly? Later too, though. I gotta get out and get me some sun. loljames16 Chart Thread
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bundyraider replied Apr 18, 2010It's a growing confidence thing, eh?
There's no doubt, that starting out, it's much easier to do it the take-part-profit/set-rest-to-BE way. I have no trouble recommending it. It works!! I still do it on about a quarter of my trades. Keeps me ...james16 Chart Thread
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bundyraider replied Apr 18, 2010Hi kk, Just so you know, the use of "Swing High" "Swing Low" terms are mainly used in here to stop a newcomer from taking a Bearish signal at a support/Low trade level or a Bullish signal at a resistance/High trade level. To stop them from taking ...
james16 Chart Thread
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bundyraider replied Apr 18, 2010G'day Jon.
You've forgotten about the people who held on to a losing position way into bad territory and just want to get out at break even when/if it returns. There are also those who don't believe it will go very far, so you see the first round ...james16 Chart Thread
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bundyraider replied Apr 17, 2010Real scalpers take super high frequency trades for 1 or 2 pips and such. Which is not the J16 way at all. People in here use the term loosely to mean the way Supreme and GJ mentioned.
james16 Chart Thread
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bundyraider replied Apr 17, 2010Welcome Mauzzz,
It'll most likely be location, or where you are taking trades on the chart , that's causing the most problems. And it does take a bit of work getting the trade management to suit the trades you personally will take too. Like Jaroo ...james16 Chart Thread
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bundyraider replied Apr 16, 2010I Lol'd at these. We must all have this happen all the time. People get puzzled when you haven't got a clue what's happening in market or world news. "Oh.... Aren't you playing with shares anymore?" (Yeah... "Shares" ...I stopped correcting people ...
james16 Chart Thread
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bundyraider replied Apr 16, 2010I wouldn't enter a trade as a direct result of that bar anymore. It's too late , as you pointed out. Once you've already had the momentum the first time, your odds decrease a lot for getting a successful run again. If you're too late and miss out, ...
james16 Chart Thread
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bundyraider replied Apr 16, 2010Cheers Artov.
Was intending to post up something. 61.8% + Daily PPZ + Trendline + EMAs + Pin Throw in a good PPZ and some good confluence and you won't lose money very often. Set stop to break even at previous consolidation area (purple circle - ...james16 Chart Thread
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bundyraider replied Apr 16, 2010EUR/JPY - 4 Hr Pin - excellent location — EUR/JPY - Good 4 Hr Pin - excellent location (fxpro chart) Can anyone throw up the example chart? I gotta run... (hungry) But I'm so surprised this was missed here. Check your line charts too for those ...
james16 Chart Thread
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bundyraider replied Apr 15, 2010That's where starting out on the daily charts helps. If you can wait most of a month for those one or two (or so) easy trades, you're doing it right. You'll build a skill that will work all the way down the time frames later on. The anxiety comes ...
james16 Chart Thread