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Fx7877 replied Oct 27, 2011Jarroo, In the AUDUSD eg that u gave here url where the 2 HCR lines and the bars high line (green one) are quite close, u will wait for the bar to PBT & CA the HIGHEST line?
james16 Chart Thread
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Fx7877 replied Oct 27, 2011Jarroo, Just want to clarify that you use a CLOSE instead of a BREAK to determine whether u stay in the trade or not? However, sometimes a bar can be huge, wouldn't waiting for the close means a bigger loss? Sorry I've been asking you alot of ...
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Fx7877 replied Oct 27, 2011Jarroo, -With this example, there are 2 trades to be taken here,both with the bars highlighted in light blue right? -Someone asked you abt SL earlier. My question abt SL is how tight do u typically keep it at? Is it always no more than 25-30pips ...
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Fx7877 replied Oct 27, 2011Hi screename, a) Thks for pointing that out, I didn't notice that b) yes, i concur on that c)my broker's time open/close at 12amET, so they looked like PB as u see on my chart. But why wld u choose AUDCAD over AUDNZD as your pt (a) kinda negates ...
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Fx7877 replied Oct 26, 2011Jarroo pls help — Hi Jarroo, Been seeing alot of your charts and posting lately and also with a Jarroo trainee around
, your method has stirred some interest in me
I refer to your chart link here url 2 bars were labelled "Price breaks ...james16 Chart Thread
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Fx7877 replied Oct 26, 2011AUDCAD, AUDNZD setups - what do u think? — hi all, Pls give your critics on these 2 setups. Still learning, so all comments welcome For AUDCAD: Nice big PB with wkly MACD divergence. But I do note some congestions (marked in grey area) to the ...
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Fx7877 replied Oct 24, 2011Haha, yes, I didn't forget the mantra
I'm only looking at longer TF. Only asking becos I din understand the term touch trade. Thanks to all for your patience here with my incessant asking of questions. Hope to contribute and help others here in ...james16 Chart Thread
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Fx7877 replied Oct 24, 2011Thanks Pin. Does it mean that one takes the trade once it touches that area of interest or we still wait for suitable PA (like a PB, BUOB etc) to take the trade at that area? How diff is it from our usual PA trade setup?
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Fx7877 replied Oct 24, 2011Mike, Thks for the above useful link. I'm trying to study your AUDJPY trade above. As my feed is diff from yours (so the bars look diff), can u kindly provide a screen cap of AUDJPY chart of where u entered (I believe its the 18th) and where u ...
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Fx7877 replied Oct 24, 2011Thanks DC. On hindsight, I shld have killed the trade (demo) instead of letting it hit full bar stop. Oh well, we learn through experience

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Fx7877 replied Oct 24, 2011What is a touch trade? — Hi all, May I know what is a touch trade?
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Fx7877 replied Oct 23, 2011Aha, now i see it. Thks Mike for pointing it out. I'm still holding on to NZDUSD demo trade based on BEOB formed on 17th. Things are not looking good and I wonder if I shld have just killed it though it has not taken out the S/L above BEOB. ...
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Fx7877 replied Oct 20, 2011Sorry Mike, I saw that sentence, but don't understand. Maybe I reword my question. I'm asking which trouble area (the recent swing high or the thin red line) carries more weight in this case. The recent swing high or the thin red line? Apologies ...
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Fx7877 replied Oct 20, 2011Oanda MT4 — Anyone using Oanda MT4 and has a simple EA for taking partial profit? Right now I can only close partial manually as it doesn't allow to set 2 price targets, unless you buy separate orders in the 1st place. And how do I go abt ...
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Fx7877 replied Oct 20, 2011Thanks mike, now I'm cleared up abt neutral bars. Back to the question abt FTA. Would you give FTA based on most recent action more weight than those based on older action (but having more points of flipping)? Pls refer to my post here url . Thank ...
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Fx7877 replied Oct 19, 2011EJ chart for learning — Hi Mike, I've got a chart here with some questions for learning purpose: -The bar with an arrow is considered a neutral bar (2 pips diff bet open & close). Yes? -If that bar had been a PB, wld u have considered it a gd ...
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Fx7877 replied Oct 18, 2011Mike, can u share what other things u saw on the chart that was a "-" other than the FTA which made this not a Grade A++ setup? Thks alot for helping out
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Fx7877 replied Oct 18, 2011Exactly like u said, I only wanted to pick the best setup to take, even in demo trade, knowing that 3 all will probably move similar fashion, I didn't want to double up or triple up my risk. Actually I took the NZDUSD in my demo. I moved half to b/e ...
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Fx7877 replied Oct 18, 2011Is J16 email still valid? — Hey guys, Is J16 email still valid [email protected]? I got his email from the early pages of this thread so I'm not sure if there has been any change. I emailed the master alittle over a wk back but haven't heard ...
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