Yeah, that's what I'm talking about, but that is a fantastic pin and price didn't "drift" up to it. The ones that I noticed not to play out were when price was drifting up to that point, instead of basically exploding up to it. Personally, I would ...

Jankone M5 thread

Very nice! Hmm, check out the hourly T/F and notice what you see. This move all started with the hourly BEOVB at the 21. I've noticed that when you see that very price action on a higher T/F (when price starts to cascade through ...

Jankone M5 thread

Sure thing my man. You're exactly right too. #4- much pattern recognition is based on implicit learning. That's exactly what it is. When you see these patterns over and over, you may not even realize it consciously, it clicks in your mind which ones ...

Jankone M5 thread

Yes. I've been trading on a variation of the 21 ema for years. I've used Vegas' methods to trend trade for a long time. For instance, right now I just got into a position long on the usd/cad based on the 4 hour charts from a bounce off the 21. ...

Jankone M5 thread

I'm just posting up a setup that is recurring in my daily trading and testing. When price creates a bearish signal at the 21, but the bollinger bands are changing slope, these setups barely ever play out profitably IMO. I've gone through years of ...

Jankone M5 thread

Just because it was the last post, that's all. To each his own, I personally think it's fantastic. I'm just reposting for the thought that maybe someone else can gain from it too. People will stay at losses until they realize it, guaranteed. I ...

A Gem from Merlin

And this is why I love going through my old saved threads. There's a lot of good info in here.

Words of Philosophy & Psychology---

Other than the dummies who were fighting over the internet, the message is good from this thread. Merlin's brilliant, for sure.

A Gem from Merlin

Just 2 trades for me so far today on this timeframe. A loss of 7 pips on the aud/usd (Kinda simple really when you look at the 15 minute timeframe as to why it was a loss). The 15 minute was retracing back upwards and the 5 minute was just a stall ...

Jankone M5 thread

Hey fellas and ladies, I'm just going over some of my old trades and testing back through a few years data before the markets open and there is one thing that remains to ring true. Over the years, I've taken a fair share of losses that I didn't need ...

james16 Chart Thread

Yeah brother, friday was an overall loss for me because I stepped away, decided to shut down, and go for a run- that's the first overall daily loss I've had in a while and it was a bugger. I've been at that point before and it doesn't end well when ...

Jankone M5 thread

Agreed completely. It's the ones that run, for me anyway, that bring the large profit. For instance, that usd/chf trade I put on around 9 days ago down to 1.0550. Other than that, I do take a decent amount of losses but it's worth it for the ...

Jankone M5 thread

I'm not going to lie, these past two days have been tough. Today, I'm looking at losses and yesterday was B/E. Let's see how the rest of the day progresses and best of luck to everybody. Forex007,thanks for posting up the forextester man! That's a ...

Jankone M5 thread

wow, you go big don't you? That's a heart attack waiting to happen IMO. Good luck to ya though.

EURUSD

I took a small one for 2 on the usd/chf. Same deal as the euro, only reverse, right? I was short and didn't set my stop to b/e and took a loss of 20 pips. Right now, I'm loving this massive 4 hour bar though. Depending on the price action and how ...

EURUSD

Amen to that. Strip away the layers and reveal your soul. You gotta give yourself up and then you become whole. You're a slave to yourself and you don't even know. Just a good song that reminded me of. Matisyahu- king without a crown. 10 bucks ...

james16 Chart Thread

haha It's a tough one to get away from SC! How's it goin my man? The eur/usd just printed a nice pin with divergence on the 5 minute. Should be good for a quick 10 pips.

Jankone M5 thread

This man speaketh the truth. So far today, I've traded one setup. Sometimes at 9 o'clock, it'll already be at 3 or 4. It depends on the quality really. If there's no quality, you're wasting you're time. Put it this way, if you see two ...

Jankone M5 thread

I wonder how many orders are sitting right there...man, it's interesting just to think about IMO. Good god, I'm a nerd.

james16 Chart Thread

Most definitely! There's a chance to make money on it either way, depending on the PA that pops up.

james16 Chart Thread