use indicators to trade trendy market equals to suicide to me

Auslanco - GBP/JPY and GBP/USD (newstrade)

If 80% of the market stays in ranging market, then, I would agree with Ukutrader. how often this pair in trendy condition within your timeframe? I guess it is wiser to let the number speak for itself

Auslanco - GBP/JPY and GBP/USD (newstrade)

Thanks, raczekfx, nowI understand better the reason why you highlight the bearish PB, given its appearance of indecision for the 4 consecutive months. To be honest, I totally have no idea about fundamentals, don't know when were the last a few rate ...

james16 Chart Thread

Hi, raczekfx I knew you are very popular, a lot of people mentioned you are great pro. so, if there be opportunity could learn from you , that will be very nice. not for sure if could have your reply, in any case, my curiosity drives me to ask this ...

james16 Chart Thread

Bundy, thank you so much. I guess probably due to psych reason, I always read the S/R as a precise line, if the price close above the line,then,thought the resistance disappears immediately, but, as always, unexpectedly the next bar nose dive ...

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Thank you very much, Ian

james16 Chart Thread

Hi, Tiki Is this better now? simply get your view whether you would feel comfortable with this simplified drawing? or, probably you have better vision to share with? how would you draw this deck, if you don't mind? I buy your suggestion of trading ...

james16 Chart Thread

PPZ line, correct? — I tried to draw PPZ line on USDJPY H4, since I don't have experience to identify PPZ, so, simply drawed 4 lines blindly, I am referring to the 4 golden dotted horizontal lines in the attached chart. My gut feeling tells ...

james16 Chart Thread

Yes, Tom, I will definitely join the PF.before doing so, let me digest the information I am going through for the moment, once I get all the necessary knowledge, I will be there talking to the pros, including yourself, my buddy

james16 Chart Thread

Hey, Tom, good man, I always see your reply has been so pleasant. I fully admire your way of picking PA setup, it definitely will be my goal of doing so. currently, you knew well, as newbie, don't realise how deep the water is, when ever there be ...

james16 Chart Thread

Sorry, it seems I am encouraged too much, therefore, post another one here to follow up what has been discussed with Mike. pardon me, throw so much things in this respectful thread.however, hope these effort could turn out to be a 1 cent ...

james16 Chart Thread

PB = counter trend play? — Why would I think can play long by breakout of a downtrend without the awareness of high level of risk(or, say,go long while the reversal has not taken place)? The point was not well thought,but,it implies a lot of ...

james16 Chart Thread

I understand now, the trend is still a downtrend, my perception was wrong then, therefore, what I thought an uptrend actually yet to form, no wonder it is still a counter-trend(even if the price is a little bit outside the channel) !!! what a good ...

james16 Chart Thread

Hi, Mike Just came across this post of yours,and happened to have a chart I think probably has something similar to what you were drawing. I attached the EURCHF daily for your advise. for this one, I have been wiped out for a couple of times, look ...

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Hi, Money Yes, you are absolutely right,it is very bearish now, I should have looked at weekly view before entering the long position, even though there was a weekly Pin Bar, I guess it consumed its energy already. Thanks a lot, Money, for your ...

james16 Chart Thread

Thanks a lot, rac, I can understand better about TL now, the junction of two lines gives more confidence. JU is very choppy today, I'd better to wait something obvious to trade with, I guess. Have a nice day

james16 Chart Thread

how to play breakout? — I am not good at trading breakout,whenever I decided to play breakout, the market seems knowing this is Krue, let us set him up, see, I am shaked out again today, and this one was a Pin Bar. probably someone can help me ...

james16 Chart Thread

Hi, Mike I am reading this post of yours now, I thought MBT has very low commission, probably I didn't get a clear picture of their fee structure, but, my impression is they offer very competitive pips, as far as I can remember, for usd base, only ...

james16 Chart Thread

Many thanks for your reply, no idea if 76.4 is a fib too, I remember somewhere in this forum mentioned 76.4, probably I mistake it as fib,but, noticed several occassions, price stop right at this level, whatever it is, I buy this number if there is ...

james16 Chart Thread

Hi, jarroo, I am very sorry to disturb you, I knew my question might be very stupid, just give me a learning opportunity. the question is, do you still think this Pin Bar qualified even though the retracement penetrate the 76.4 fib? the reason why I ...

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