Yes, just like my 5min stuff doing IB bars, with a 8 pip stop I can NOT be wrong much or at least more then 50% lol. Then maybe a stop at the top of the pin is not the way to go because that really kills your 2% risk, as you know %2 of a 100 pip ...

james16 Chart Thread

Ya NFP was huge today always is, I may have screwed up on that as well because the spreads get high and the retards jump in with high spreads and make the bar look huge.

james16 Chart Thread

One last thing on getting a quick 40-50 pips out of a 300 pip stop. On the 5min I would do 8pip stop with 24 gain most of the time, on this I dont see how you can pull down money if you are really running a 300 pip stop and taking 12% gain on the ...

james16 Chart Thread

Okay 3 trades I am in, EUR/USD - Winning 3 positions open GBP/USD - Winning 3 positions open EUR/JPY - Losing 3 positions open The winners I do not care about it at all, I will trail stop them out, Now this loser is the problem, and yes I know all ...

james16 Chart Thread

Jarroo, am I thinking right on this as a short due to PPZ and fib #'s?

james16 Chart Thread

1st time seeing +131 pips lol, if that was the 5min with 2% I would be getting everyone dinner

james16 Chart Thread

Ya I got filled yesterday on mine, Also I am sure I will have to work on getting these down just like I did the 5min but what I don't want to do is kill my winners too quick and lose out on some $$$ and then have nothing open and take a shit trade. ...

james16 Chart Thread

Nice update and I see you moved the stop right upto resistance now. What I am going to play on doing is not moving the stops until I get T1 hit just to give it room, remember we where upside down all day yesterday in this at least I was lol and I ...

james16 Chart Thread

Hmm, if you got into this short you stop was about 260 pips, what if it went the wrong way? That is why I have to trade it a longer time think about this. When I trading the 5min sometimes it takes 20+ bars to finish, in 4hr terms thats about 4 ...

james16 Chart Thread

LOL ya I am kinda freaking out but I just keep watching them. I have the targets set to take me out so really nothing to do but watch. I just got filled on the eur/jpy short and I guess I will just keep adding more trades to it as they come up. This ...

james16 Chart Thread

Still short eur/usd and gbp/usd... Looking to add this one to the shorts.

james16 Chart Thread

KILL IT!

james16 Chart Thread

eur/jpy — if this was a 5min I would be getting short, 4hr I am going to give it a little time...

james16 Chart Thread

I am still short eur/usd and gbp/use wtf is up with that LOL. Be like me I was playing games all day and then went to the gym. TRADING IS LIKE GRILLING, DONT SCREW WITH IT TOO MUCH.

james16 Chart Thread

hehe I took both of them Hope they work out if not who cares lol. Also starting to watch the 1hr, ya ya I cant keep off the short times. If I dont make money on the day I dont feel like I did anything. At least I wont miss a trade if I go pee ...

james16 Chart Thread

I don't think you are thinking right, if 20 pips =1% 40 is going to be 2%. How many positions are you talking? If you have 2 positions with 2% risk total, so 40 pips per position = 1%, if you take +1% @ 40 and stop @ cost and you look for +80 making ...

james16 Chart Thread

Yep it all come back to MM, if your winning trades make 5-6x as much as the losers it work as long as the losers are no less then say 75%ish. My goal is to keep a 40-50% winning rate on whatever I do and let MM take care of the rest.

james16 Chart Thread

Nice trade, I love the short TF's but with summer here I don't want to live on the screen 15+ hours a day and I like to go out sometimes too lol. If I can get the 4hr or daily down then I will be on the lake a lot more and I am sure it will reduce ...

james16 Chart Thread

What I do and I am no pro on the longer times, is I put a stop above the high of the 2d PB, any place else to me is high risk. If you wanted to try to reduce some risk you can wait for a re-trace into the pib or say 38% or 50% but then you may miss ...

james16 Chart Thread

How did you lose on the EUR/USD SHORT?

james16 Chart Thread