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- Ryanmcd replied Jul 6, 2009
I was saying don't trade a 4hr like a 5min chart, I take 15-20 pip on the 5min the 4hr on the eur/usd I go for 130 on this trade not 20 with a 60 pip stop. Also don't look at charts because you will start screwing with your trade, plan the trade, ...
james16 Chart Thread
- Ryanmcd replied Jul 6, 2009
Walk away for 6 hours and I bet you would of made more, also was your stop 23 pips from when you got in? If so that's a good 1:1 trade, if it was 65ish then you have to win 3 for 1 loss and that's hard to pull off. If you want to scalp do the 5min ...
james16 Chart Thread
- Ryanmcd replied Jul 6, 2009
Nice job, was looking at this one too but did not see any divergence so I passed, it should work out for ya though.
james16 Chart Thread
- Ryanmcd replied Jul 6, 2009
EUR/USD — To me divergence > S/R. If you get into this crap too much you start talking yourself out of trades then you take one that is a loss then you blow up a account, happens a lot. For me I trade what I know and what works on what I have ...
james16 Chart Thread
- Ryanmcd replied Jul 6, 2009
I took that long but what do I know
In fact if you are doing the same thing as everyone else, and 95% of the people lose you know you are doing something wrong. It's a good thing when I am in a trade by myself loljames16 Chart Thread
- Ryanmcd replied Jul 6, 2009
Yep big thing here, The problem is people are taught that a loss = bad and that is not the case. How ofter do you hear "Good job you lost" lol

james16 Chart Thread
- Ryanmcd replied Jul 5, 2009
Looks like every pair that has JPY in it is a Pinbar lol, going to take a shot at a few of these

james16 Chart Thread
- Ryanmcd replied Jul 4, 2009
Ya you can not trade huge on the 5min at least not on the stuff I have done, If the daily volume for a stock is 20 million and you scalp off 4-5million shares that is not going to work lol

james16 Chart Thread
- Ryanmcd replied Jul 4, 2009
Yep as long as the numbers do not freak you out you can build up that much money in the long run. Also I was 23 at the time I started to learn how to trade and really made it my life, also my Girlfriend now wife at the time supported me, got a job ...
james16 Chart Thread
- Ryanmcd replied Jul 3, 2009
LOL I goto the lake for a day and miss all the action. I think bob was a fun time, the kinda guy that kicks in your door, pisses on your floor then asks what food do you to eat kinda guy. James you put up with more shit then anyone I know and thank ...
james16 Chart Thread
- Ryanmcd replied Jul 2, 2009
Taking CT's in a flat market lol
The past week or two is all sideways, the BB are flat. I used to kill it when they went flat on the 5min and any hit of the BB was money in the bank.. Same deal here. It's funny becase the more I do the 4hr the ...james16 Chart Thread
- Ryanmcd replied Jul 2, 2009
Out of usd/cad + 3.7% flat for Friday and the weekend, everyone have a good 4th if that's your thing cya.
james16 Chart Thread
- Ryanmcd replied Jul 2, 2009
I did the S&P or spooz for years on the 3min charts and made good money, left when the range started to get 6 points lol and have been doing this now for a few years. I can trade any markets really it's all the same, this is new so I will do this ...
james16 Chart Thread
- Ryanmcd replied Jul 2, 2009
Dono if this helps any but it does me so I will post it. I also watch the S&P and dow very close, if they sell off the US$ goes up MOST of the time, just something else to add to the mix, also tomorrow will be slow just a fyi.
james16 Chart Thread
- Ryanmcd replied Jul 2, 2009
Sounds good Bob and I will check back later on.. Off to the gym

james16 Chart Thread
- Ryanmcd replied Jul 2, 2009
Supreme if he passes your posts I will be impressed, now if he passes you buddylist then I will passout

james16 Chart Thread
- Ryanmcd replied Jul 2, 2009
lol, my mentor asked me how much cash I had, I said 10k he said 3-5min to build. If I had 10 even 20k and did dailys it would take YEARS to build up and I would of not made it. What I think James wants to do is have people learn this stuff before ...
james16 Chart Thread