Missed the GU trade (outside bar of a PPZ area), but taken a UJ long - pin bar off a TL & PPZ in an uptrend on 4H

james16 Chart Thread

Nope, I never enter a trade based on "feelings", I enter a trade if a setup meets my 'criteria' for an entry...i.e. criteria which have been thought out, tested, successfully traded on demo etc i.e. a proven edge which increases the probability in ...

james16 Chart Thread

My entry was 80.00, stop @ 78.60, take profit @ 83.00 - risk 1% Personally I only use 61.% fib and the 50%. All the best with your trade.

james16 Chart Thread

Yes a long trade after hitting PPZ and round number. I didn't take the trade as have enough trades open at the moment and the speed of the move to hit the PPZ would concern me slightly. - Trading a bouce of a PPZ area without other confirming ...

james16 Chart Thread

round number and PPz on USD CHF...could be good for a 'touch trade'

james16 Chart Thread

Moved my stop on N/U to 7080 (just below the PPZ area) and moved stop on U/C to 1.0630 - as indicated by the arrows. I am also long EU from 1.3922 so watching these closely with 3 x USD correlated positions. Also have long position on AUD / JPY @ ...

james16 Chart Thread

Jacko is rather private with regards his members on his blog and the advice he gives people and his trades. People have 'leaked' details in the past to public forums and as you can see from this thread at times there are people waiting to attack and ...

Jacko's Forex House of Pleasure and Pain

I'm short UC, long NU based on the daily outside bars. Ummm not sure I know exactly what you are trying to ask...I know it's a round number by looking at the price at where PPZ is as...I have round numbers marked on my chart using the 'grid' ...

james16 Chart Thread

NFP is still three days away! IMO if you are taking trades based on a daily chart you have to give them some time...they don't all just take off. Personally, I scroll down to the 4H timeframe and mark PPZ areas i.e. areas where price might stall and ...

james16 Chart Thread

My charts... Obvious area for a short is the PPZ and TL which is currently @ circa 1.4200 area. Targets marked on the 4H as potential trouble areas for a current long trade...I'll be moving to B/E + 1 @ 1.4000 area and the routinely moving the stop ...

Jacko's Forex House of Pleasure and Pain

I'm looking at maybe an aggressive short from 14020 area...with a less risky short area being near 14200. overal main target at the moment on the downside has to be 13750 area - 50% fib strong PPZ etc.

Jacko's Forex House of Pleasure and Pain

Placing an order based on previous chart patterns is not gambling...it's calculated risk taking. Placing an order randomly without any 'plan' behind the trade is gambling

james16 Chart Thread

March 10, June 17 and Jan 29 - all daily BUOB's. On both previous occassions this has been followed by very large movements 'up' in price a few das later...

james16 Chart Thread

Just started looking over my charts at the end of the month and the first one (USD / CAD) is attached below. Nearing a sell area on the bigger timeframes (from a PPZ persepctive) ...scrolling down the time frames can see we have broken recent ...

james16 Chart Thread

My 0.02c...the move from A-B is a downtrend and thus if using fijbs we use them as placed might stall when price retraces part of this move. The move C-D is an uptrend and thus we use fibs as possible areas that price might stall on a retrace...ie. ...

Jacko's Forex House of Pleasure and Pain

Hi Mike, I get your point that in practice and from experience things are different when you have a large acount...(plus we are humans so we do have emotions...it's only 'human' to be annoyed when doing a bad trade or take profit too early or the ...

james16 Chart Thread

No economic data...it is pretty well known that the SNB intervene in their currency when it appreciates too much...look at a chart of the EUR / CHF on the daily and you can see how ugly that chart is and where the spikes have occurred in the past.

james16 Chart Thread

"You small account holders, you gotta make a choice, you have to make a choice, if you small account holders are going to watch price reach your first support and resistance area, and leave your stops at losses, because the move between here and ...

james16 Chart Thread

cr*p way to end the month...SNB intervention..just when I was about to pull my pending short entry too. Oh well,1% lost

james16 Chart Thread