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- Mr Smith replied Sep 8, 2008
4hr pinbar Longed euro 4120 stop at 4043 1st target 4200 2nd target is open Major counter trend trade 4hr, so risking about 3/4 of regular position
J16 Type Trades
- Mr Smith replied Sep 8, 2008
There is a section somewhere on this site for that type of thing, but some good advice for u, don't bother with expert advisor like that, it will only lose money long run.
james16 Chart Thread
- Mr Smith replied Sep 8, 2008
echf and pchf and pound out at b/e, closed half of pound for approx 60 pips
J16 Type Trades
- Mr Smith replied Sep 8, 2008
echf moving stops to b/e price is hesitating to much at support.
J16 Type Trades
- Mr Smith replied Sep 7, 2008
so we got the bounce i thought would happen, now at my line and arrow, i will look for lower timeframe pa to get that 40% back in.
J16 Type Trades
- Mr Smith replied Sep 7, 2008
Closed 40% of position for 90 pips on uchf, chart shows area may bounce a little, possibly will add back in if we bounce, we'll see.
J16 Type Trades
- Mr Smith replied Sep 7, 2008
gap up, shorting after this 4hr pinbar has formed, tiny position, as it's not a regular trade, gap trades I play real small position.
J16 Type Trades
- Mr Smith replied Sep 7, 2008
Couldnt update stuff real fast, markets going wild, I'm long pound on break of pin with stops at b/e at 7755 still short uchf shorted echf at 6051 with tiny position, reason is large gap up if we can move back below 6000 we have a good chance of a ...
J16 Type Trades
- Mr Smith replied Sep 7, 2008
ucad weekly pinbar, shorting on break, or retrace with lower timeframe pa. 1st target goes without saying.
J16 Type Trades
- Mr Smith replied Sep 7, 2008
THe trade I talked about on the j16 thread, i just entered on uchf at 1230 stop at 1270, reason was daily pinbar from a few days ago only just failed, so I wanted to try short with small stop and small risk % wise, market has gapped up so I've ...
J16 Type Trades
- Mr Smith replied Sep 7, 2008
I just shorted uchf at 1230 stop at 1270 , I'm on oanda if your wondering how I was able to get in. Good chance by regular market open, price will be back down where we closed on friday.
james16 Chart Thread
- Mr Smith replied Sep 7, 2008
url Here is my journal for all interested, its not a signal service, so pls use common sense, after all it's your money.
james16 Chart Thread
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J16 Type Trades
Started Sep 7, 2008|Trading Journals|60 repliesHi, I will be using this to document some of my trades, and to show how I use j16 setups in ...
- Mr Smith replied Sep 7, 2008
Thanks for the offer, but it's not possible to backtest this particular trade as there is no clearly defined rules, it comes down to feeling and sentiment and area at the time it's all happening. Might sound like crap to some, that's ok, also comes ...
james16 Chart Thread
- Mr Smith replied Sep 6, 2008
I haven't back tested, it only broke by 13 pips, so it's debatable whether it truly failed or not, I mainly only do this in these occasions where it's easily conceivable that we get some pull back from all this usa strength, nothing goes one ...
james16 Chart Thread
- Mr Smith replied Sep 6, 2008
Your absolutely right, as I mentioned it's a dirty entry and high risk, so I only risk 1/4 % of normal position
james16 Chart Thread