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- Kalbar replied Mar 7, 2011
Hi guys Hope y'all had good weekend. Just wanted to ask any opinions on this BEOB on the GBCHF? The one problem I see with it is that it is just above BRN at 1.5000 so we would be trading into that. Comments/thoughts welcome. Kal
james16 Chart Thread
- Kalbar replied Mar 2, 2011
I would not take this one because of the very large bullish bar prior to the pin and also the previous traffic. I am in early days but this does not seem like an A+ IMHO. KaL
james16 Chart Thread
- Kalbar replied Mar 1, 2011
Jarroo enjoyed your rants earlier on about demo trading.....demo trading........demo trading until trust and confidence develop. The way to go in early days. That said, some people need a 'stake' on their trades to feel the emotion and I think thats ...
james16 Chart Thread
- Kalbar replied Feb 28, 2011
Thanks for that piece of wisdom Jarroo.....another wee piece of the puzzle but a good bit to go before I finish my jigsaw!! Will definitely check my monthly chart from now on. Ps - did you get in on the UJ trade? thanks kal
james16 Chart Thread
- Kalbar replied Feb 28, 2011
Hey Jarroo If you say it was a nie one that will do for me!! Have to be honest with you though I did NOT check the monthly chart!! I must remember to do this in future when checking potential trades. My only slight doubt with this one was the bar ...
james16 Chart Thread
- Kalbar replied Feb 28, 2011
Hi Guys Did anyone take this weekly pin on the UJ? Price retraced from PPZ and with a weekly downtrend although the bar size could have been bigger. good runner for a quick 100+ pips. Had my eye on it at Friday close but missed the move through work ...
james16 Chart Thread
- Kalbar replied Feb 25, 2011
Hi guys Just found this thread which appears to be somewhat unique in FF! Will be keeping an eye on it and seeing how you all get on, best, Kal
Trades Before Fact
- Kalbar replied Feb 25, 2011
Hi guys Have had a good week - 1 trade taken (Weekly BEOB on GCHF) for a 2% gain so happy enough. Missed 1 or 2 other good setups but eye not quite as good as some of the seniors here(yet)!! Good weekend and see y'all SundayMonday. Kal
james16 Chart Thread
- Kalbar replied Feb 25, 2011
Hey Damo I am on my trading journey and can identify with what you have said! I am having problems with trying to second guess myself and also pulling the trigger when I see a good setup. I am currently trying to master the old trading cliche of ...
do you think trading is really that hard?
- Kalbar replied Feb 25, 2011
Hey Vaz I sometimes find conflicting info from different feeds and it can be a bit confusing at times! Probably best to go with the one you trust most. Just be wary (as you say) of trading into consolidation areas as trades can turn quickly at these ...
james16 Chart Thread
- Kalbar replied Feb 24, 2011
Hey dan Not criticising your trading/approach but on this setup what were your thoughts about the huge bearish bar just before the pin? Only reason I ask is that one of my rules is that PA bar has to be larger than previous bar(s). Just interested ...
james16 Chart Thread
- Kalbar replied Feb 24, 2011
Hey 525 Well done on your feeling that its coming together........I also have the same feeling but have to admit that it is happening very slowly! Would like it to be a bit faster but we all have to go at our own pace. Studying charts by Jarroo, ...
james16 Chart Thread
- Kalbar replied Feb 24, 2011
Hey Supremo with 100.000 posts approaching I wonder if we should make sure that the honour of that milestone should be conferred on the master himself, J16? It would be a fitting tribute for the man who started it all off and an opportune moment for ...
james16 Chart Thread
- Kalbar replied Feb 24, 2011
Hey John nice trade there and well managed! I spotted this one but hesitated - a problem I am trying to resolve at the moment and something that I need to work on! What gives me some encouragement is that the PPZ levels on my chart were the exact ...
james16 Chart Thread
- Kalbar replied Feb 23, 2011
Hi to all Have read some interesting and worthwhile stuff in this thread and thanks to all who contribute, especially FTi. Hope you get well soon fti and are back trading soon. Best wishes, Kal
Technical Analysis Fallacy
- Kalbar replied Feb 23, 2011
You seem to be doing fine by yourself man........if you can do half of what Mike does then you will be ok!! Now if I can take the best bits from Mike. Jarroo, Ghous etc then I will do ok.......................................
!! I know we have to ...james16 Chart Thread
- Kalbar replied Feb 23, 2011
Hey Adilius Nice setup there and well spotted! I was looking at this one last night but did not plot/look for the bear flag on my chart! Will need to be more vigilant!! Kal
james16 Chart Thread
- Kalbar replied Feb 23, 2011
Hey Supremo I for one enjoy reading your posts so keep your average up!!
james16 Chart Thread
- Kalbar replied Feb 22, 2011
Nice explanation Ghous - whilst I did get on board taking a break of the weekly BEOB your explanation has given me even better understanding of the high probability of why this trade worked out!! It has put me in the black for this year so I am ...
james16 Chart Thread
- Kalbar replied Feb 22, 2011
Hi guys got in on the GCHF Beob and took profit for 2% gain (demo). Sticking to daily/weekly for now and this trade puts me in the black for the year as I have only taken a few trades. Encouraging signs but long way to go for me yet! Kal
james16 Chart Thread