Exited Gold @ 1163.33 earlier...price didn't have any momentum and I was just about to short Oil. Exited Oil when it went near the TL support @ 84.40 TAG now @ +127.03% Went short G/U falling TL and break of a support / valley, entered again on ...

My path to financial freedom

Why do you say that? Personally I think the AJ is more likely to 'explode'...look @ at all those multiple lows...

james16 Chart Thread

Short on Oil ...resistance area...short @ 85.24 SL @ 85.70 - 1% @ risk

My path to financial freedom

Another attempt @ gold long @ 1161.58, SL @ 1158.30 - 2% @ risk. UJ - stop moved to BE, hit the PPZ area and started to retrace.

My path to financial freedom

here are my current AJ trades...I've shown the line chart...is the reasoning behind the trades clear now?

Peaks and Valleys (Trading Naked)

My Second U/C trade got stopped out...really frustrating at times playing CAD as it can suddenly have some sharp moves without any warning. Entered a short on UJ and EJ...charts attached. EJ is break of a support area / valley whereas UJ is a pin ...

My path to financial freedom

I think maybe LL and LH terminology was misleading...what I mean was the reason for the trade entries was a break of the previous support areas on the time frame in question which indicates a trend change...if you are still not clear let me know and ...

Peaks and Valleys (Trading Naked)

Gold - both SL hit @ 1160.20. Entered another A/J short @ break of 1HR valley, support area...probably entered a bit too soon really. short @ 86.51 Sl @ 87.00 1% risk. U/C entered another long on break of resistance / peak @ 1.0088 SL @ 1.0050 -1% @ ...

My path to financial freedom

This is a great setup IMO...SL now @ BE...can it go all the way down and close the gap...perhaps that wishful thinking, but this is the same setup that occurs on higher time frames...breakout and restest of old support.

My 5 Min Trading Learning Process & Thoughts

Trades taken this morning... 1. Gold - still riding the trend... Long @ 1167.93 and 1162.91..SL on both @ 1160.20 1% and 0.5% @ risk respectively. 2. G/U short @ 1.5409 SL @ 1.5465 1% @ risk and short @ 1.5450 with a 30 pip SL - 1% @ risk. Closed ...

My path to financial freedom

Taken a touch trade - 1st time back to support on CAD/CHF with a tight SL. - Short AUD/NZD on weekly pin bar (aggresive entry as PB not broke and SL above left eye) price @ a PPZ and divegence. - Pending order on NZD/CAD - if it doesnt reach 1st ...

My path to financial freedom

...

Trading with Deadly Accuracy

Okay update on trades . Obvioulsy all my thoughts on Eu,GU etc..was undone by the big gap up on Sunday open due to the greeece loan agreement news announced on Sunday. I'm on the sidelines watching price now waiting for some clear signals on ...

My path to financial freedom

Not sure I get what you mean?

james16 Chart Thread

That will depend on which broker you use and what time they open..i.e. each broker that opens at a different time will have a different market open price?

Jacko's Forex House of Pleasure and Pain

currently 1.3630 on oanda. Up 130 pips from Friday on Greece loan agreement news

Jacko's Forex House of Pleasure and Pain

5 entries in EU only now...2% each entry...running a tight SL, but this basically covers my existing EU,AU and GU shorts from Friday that are open and untouchable until market open in 50mins.

My path to financial freedom

It wouldn't matter if they did would it as wouldn't that just mean price would return to your entry...being positive it would hopefully then pick up some sellers that got left behind by the gap and back down we go. One of the great advantage of ...

james16 Chart Thread

2 hours to market open for me so a likely gap will form...looking @ Oanda (open 24/7) can see that USD is broadly down with EU up some 70 pips already...presumably agreement annouced on Greece loans today is being received positively by the market.

james16 Chart Thread

Didn't trade on Friday... bit wary on Friday's as can get some erratic price action and after the quick move up half way through the day that was enough to convince me it was not prudent to trade the 5min timeframe for the rest of the day.

My 5 Min Trading Learning Process & Thoughts