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- Ryanmcd replied Jul 10, 2009
Also on the GBP the BB = FLAT, when they are flat CT do good because you have no trend.
Jankone M5 thread
- Ryanmcd replied Jul 10, 2009
True and now on the 5min I run different risk for different times, I have one setup that works about 30% BUT my risk is 3 pips, target is 21 so it's 7:1, right now I am doing the small PB's on the 5min with 5 pip risk 20 target so I can lose 50-60% ...
james16 Chart Thread
- Ryanmcd replied Jul 9, 2009
5min it's cut and dry, stop @ cost when it's 1:1, out of full position once you get 1:2.
james16 Chart Thread
- Ryanmcd replied Jul 9, 2009
I have to LOL on this, even better that others do all the work for free
Anyway 5min goodness today, was at home and wanted to see if I still had it..... I do 
james16 Chart Thread
- Ryanmcd replied Jul 9, 2009
I trade lots of small crap PB's all day long, what I look at is risk, It's just like playing a inside bar to me, if it's 30 pips risk for 2% thats great, I hate the HUGE PB's that need 150 pips for 2% because that's a huge run I have to get and 300 ...
james16 Chart Thread
- Ryanmcd replied Jul 9, 2009
I was not even looking at the break for the trade, I knew all that sideways action was going to have to go somewhere, I also watch the S&P and Dow a lot and also posted about dow 8000 on it's way, when the dow sells it affects these markets as well, ...
james16 Chart Thread
- Ryanmcd replied Jul 9, 2009
Stop is at the end of the pin, when I addin to a position I give it more room because I addin on pullbacks and sometimes they go more then I want but the goal is to ride the trend.
james16 Chart Thread
- Ryanmcd replied Jul 9, 2009
anyone have a link to a indicator that shows higher highs and lower lows for Metatrader?
james16 Chart Thread
- Ryanmcd replied Jul 9, 2009
In the past I would of took that pin and lost, I still see them I just have to change the way I view them. I think it is human nature to counter trend trade just like it's human nature to get a "good deal" a CT trade is a "Good deal" if it works out ...
james16 Chart Thread
- Ryanmcd replied Jul 9, 2009
The hardest part for me doing the addins is fear of a loss and also holding a trade for a long time BUT making 10x your risk off of 1 trade is well worth it. All I am doing is old Bill Williams stuff from 10 years ago but using price action to help ...
james16 Chart Thread
- Ryanmcd replied Jul 9, 2009
Some hints on what I do now on the 4hr, to me it's all about getting a long term winner when we have a trend. I posted a few days ago that it looks like we are starting to trend again and we did. Here is a chart of one of the treades that I am ...
james16 Chart Thread
- Ryanmcd replied Jul 9, 2009
The site is worth it just for 1hr of Mike's time, I know if you asked me to teach you I would charge well over $1,000 a hour if I would even do it but I post lots of info here for free so go figure that out
Also back to 4hr, 1hr is too much work ...james16 Chart Thread
- Ryanmcd replied Jul 8, 2009
Short USD/JPY, now time for a joke before sleep... A very tired nurse walks into a bank, Totally exhausted after an 18-hour shift. Preparing to write a check, She pulls a rectal thermometer out of her purse And tries to write with it. When she ...
james16 Chart Thread
- Ryanmcd replied Jul 8, 2009
Ya that's not too bad .25 is still better on the e-mini and when you are scalping 2-3 pips that spread adds up.
james16 Chart Thread
- Ryanmcd replied Jul 8, 2009
[quote=Bobstar;2859667] Also I had some people PM me about how to get into contact with you LOL I guess you can still sell snake oil to people that don't know, but I bet you cant make too much if they use free charts and have a $50 account haha
james16 Chart Thread
- Ryanmcd replied Jul 8, 2009
Or when you see the orders come in, run your stop, then they closed it out LOL, e-mini is WAY better and in fact I don't know anyone that trades big that has problems getting filled, even with 1000 contracts.
james16 Chart Thread