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ghous replied Dec 12, 2008It still is pretty ok though as far as my money goes, I am looking to get in on the break too, It;s not at a swing low but sure is with conlfuence with the current trend, should be good for a short term trade atleast

james16 Chart Thread
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ghous replied Dec 12, 2008some nice setups approaching — A few setups to eyeball: Price just keeps displaying trend reversal ideas...

james16 Chart Thread
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ghous replied Dec 10, 2008First off all i don't take trades of the 1H chart nor should you atleast for now. Secondly it is often a good idea to look at tfs higher than the one you're trading on to get a more overall look of the pair. Good to see that you made some profit on ...
james16 Chart Thread
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ghous replied Dec 10, 2008Moving it 15 pips up won't be a bad idea, since round numbers tend to be phschological supp/res areas (1.47 already is) the first p around this level is logical... I also have a confluence of the 23.6 fib around this region...
james16 Chart Thread
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ghous replied Dec 10, 2008Mine already closed, qualifies as a BEOB by only 2 pips

james16 Chart Thread
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ghous replied Dec 10, 2008LOL! let's take it a little easy, we've all been making these mistakes have'nt we??

james16 Chart Thread
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ghous replied Dec 10, 2008The key here has to be taking some profit just before 1.47 atleast. I have this very plan in mind, will see how it goes...
james16 Chart Thread
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ghous replied Dec 10, 2008You could have closed part of the trade at some point to book profits, unless your "small" account won't allow you to take anything over the minimum of volume. If the latter is true then you have nothing to worry abt. You got out with profit that's ...
james16 Chart Thread
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ghous replied Dec 9, 2008My first target is 40 pips away
What makes you feel bad abt this setup?? Would really like to know...james16 Chart Thread
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ghous replied Dec 9, 2008Sure getsmart, Up to you how i take it, the important thing is that i still cannot call it a trade it's a pending order which may or may not become a trade. It now has exactly 1.5 hours to prove itself if it can, because the 4H bar would then have ...
james16 Chart Thread
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ghous replied Dec 9, 2008And here is a pending short on the Eur/chf... Heavy divergence off the 1H... Great IB on the 4H (first profit to be booked somewhere around the greyish rectangle) confleunce of two fib levels on the daily (and no that ugly looking pin bar does'nt ...
james16 Chart Thread
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ghous replied Dec 9, 2008Au pending order... — here is a trade on the Au inside bar on the daily. When it comes to shape it's pretty valid, When it comes to location i don't see it with conlfuence, but look what it has to offer! Breakout of the trendline, a bearish ...
james16 Chart Thread
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ghous replied Dec 9, 2008yes yes you got it... so the whole thing can also be stated as: day trading OFF OF A DAILY CHART (if necessary based on a possible retrace of an initial move) and if not trading the move for a swing or position trade if we bust some early s/r. hope ...
james16 Chart Thread
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ghous replied Dec 9, 2008It was against the trend and even though it could have been traded (was off the 50% fib from the shorter term swing) it was not A+. i was in a short on Gu and just before the Pb i had hit +50 seeing the Pb all i did was close half he position ...
james16 Chart Thread
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ghous replied Dec 9, 2008LOL! day trading off the daily chart is different than swing trading on this tf which deals a lot with riding the trend from one swing to another, "if not working the move" here means that if you're not looking to swing trade on the daily tf (i.e ...
james16 Chart Thread