Hi folks, I have been trading similar to this for some time now with small variances along with breakouts on the four majors in the London session. I usually avoid going too heavy short as i am going against the rollover and if the positions move ...

Hedge trading spieler system derived from futures spread trading

Rainmaker, Don't be silly mate, there doesn't seem to be anything in your post that would warrant me to take offense.I am not sure what would make you think that. I was just making Werner aware of the fact that he can go broke taking 23pips.My only ...

james16 Chart Thread

Hi Hipster, This ones a good one. I saw this in fti's thread awhile back and it should encourage every trading to follow their plan religiously.If you don't follow the rules then its a loooooooooooong way back. One should treat their trading account ...

james16 Chart Thread

Hi Werner, Just speaking from experience i often took profit on the time frame under the time frame i entered on. For example, if i entered a pin bar on the dailies i would tend to go down to the 4hr and let the price action scare me out of a good ...

james16 Chart Thread

No worries g. Just something extra, personally i like my order filled the VERY NEXT bar after the pin bar.It all has to do with momentum.If you get a pin bar and then have to wait around a few more bars after the pin to be filled then momentum has ...

james16 Chart Thread

@gagiul. below is an example of a good tradable pin found on the gbpjpy daily.

james16 Chart Thread

Hi g, nzdusd daily bar: this does not qualify for a valid pin as the close of the pin did not finish under the left eye(bar to the left of pin). For it to be a valid pin the open and close of the pin must be inside the left eye. 4hr gbpchf bar: ...

james16 Chart Thread

Cheers Tom. Just as i suspected. Powerful stuff indeed.

james16 Chart Thread

@Mike. I have found too by experience that playing the initial break is a low probability play. I also like to trade a retest of the break point and have found this to be the better probability play by a long way. One of the things i like to look ...

james16 Chart Thread

More great works from twoblink — Hi twoblink, I just wanted to thank you for the ebook you have put together.This ebook is nothing short of the usual quality you produce. Love your work buddy,its a pleasure to read. Take care. Cheers, Steve

How to Get Anything You Want (free ebook)

Hi Jatis, Yeah cad crosses definitely traded heavy throughout the week. These were on my radar last Monday and by the looks of the bars this week the crosses are on my radar again for shorts.Like i mentioned before,i won't trade much this time of ...

james16 Chart Thread

Chris, I had the same problem too. I took eurcad on Monday and got stopped out for +80pips due to excessive volatility on Tuesday i think. I hate when that happens. I always seem to get caught between giving the trade a chance to run and then not ...

james16 Chart Thread

mamutot, Words of wisdom right there............ Couldn't agree more. I have tried both ways.................slowly is best!! Cheers SK

james16 Chart Thread

Hi Tiki, Good spot buddy. I have my eye on this one also. One thing that concerns me though is previous resistance my now be support-1.4600ish. I think if we get a break below this and a close, we might get some decent downside trading with the ...

james16 Chart Thread

Thanks for the info Canyouseeme. I will wait patiently for LT to send. Cheers, Steve

Linuxtroll Simple Scalping

Hi LT, You have a nice simple method here. I have always struggled with intraday strategies but this feels good. I am currently up to page 149 of this thread and enjoying the read and learning lots. I decided to purchase your e-book today as i would ...

Linuxtroll Simple Scalping

Thanks for the reply Stevie. Congrats on the milestone. Thumbs up from me champ and keep those pips rolling. Cheers, Steve

Steviet's Live Trades!

What the?!.....388 consecutive winners — Steviet...what can i say.Nice going buddy. I too trade the gj and love the pair. I have just a quick question though. I have noticed you only short gj.Is there a reason for doing this? Just between you ...

Steviet's Live Trades!

Nice post clockwork. Clockwork, this is what i call the sucker card.People see this and start thinking 'coconut umbrella drinks in the bahamas in notime'....think again.You MAY be able to enjoy life like this, but that will depend on how you address ...

90% of traders lose money! True or False?

Hilmy, In my personal trading, i count BE as neither a win nor a loss. It is like you never entered the trade in the first place. Think of it this way, if you give nothing back and you take nothing, then you neither profit nor loss, it does not ...

How to account BE trades