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ghous replied Oct 3, 2008this is not Pin bar language but James16 bar shapes that he so often talks abt. it's all there in the early pages of the thread. Regards, Ghous.
james16 Chart Thread
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ghous replied Oct 3, 2008update on trade 1 — Hi there, after hitting plus +50 (pips) on eur/jpy i have moved my stop tp breakeven so it now is a free trade. note that i have manually moved the SL and not put a 50 pips trailing stop.
Regards, Ghous.From 17 to 1000...
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ghous replied Oct 3, 2008Trade 2; (3-10-2008) — Here is the second trade: A short on Usd/Cad considering the 4H and the daily chart. volume traded is again 0.1 of a micro lot at 1c/pip pip value. Regards, Ghous.
From 17 to 1000...
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ghous replied Oct 2, 2008Usd/Cad... — Hi guys here is a nice DBHLC i see on my charts...it is perfect because the highs were perfectly matched, they both occured at 1.0799 without a single pip difference.
Regards, Ghous.james16 Chart Thread
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ghous replied Oct 2, 2008Trade 1; (3-10-2008) — Ok so here we go, the first trade i have taken is a long on Ej based on analysis from the 4H and the daily chart. the volume traded is 0.1 of a micro lot which gives me 1c pip value. i have a mental SL of 144.5 which is ...
From 17 to 1000...
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ghous replied Oct 2, 2008I think this time i'll have to go with what you have to say, the sideways action is perhaps what i am not being able to properly see till i set the trendlines like you have, when i do i clearly see why you call a trade here as an "aggressive" trade.
james16 Chart Thread
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ghous replied Oct 2, 2008Do you ever sleep? honestly you're like the Alladin's genie. you rub the lamp and the mighty Mike appears from somwhere...



james16 Chart Thread
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ghous replied Oct 2, 2008Haha! amazing how two traders trading the same concept the same pair and the Tf can look at it in such different ways...
Anyways you're kinda right, but the range on your chart is wide enough to accomodate a trade is it not? i know that you ...james16 Chart Thread
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ghous replied Oct 2, 2008Uj BO + pullback... — Hi guys, I am watching this Uj 4H chart and found this nice looking setup. Most importantly it's not a "raw" but one of those "ripe" ones Mike talks abt pretty often, the "Bo+pullback+PA=entry" kind of setups, i see a ...
james16 Chart Thread
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ghous replied Oct 2, 2008your chart was fine bro, you only need to have more control over your actions that is take the trades as and when they occur instead of anticipating future direction as part of greed to enter in early. Regards, Ghous.
james16 Chart Thread
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ghous replied Oct 2, 2008Yes it's a valid IB and yes you trade it on the break of either side, however to be on the safe side it is a good idea to have pending orders atleast 10 pips from the high/low of the IB if you're trading on 4H and above. Regards, Ghous.
james16 Chart Thread
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ghous replied Oct 2, 2008to begin things with here is my current live acount status: A micro live account with Fxopen: EDIT: make sure you don't misinterpret the chart, the sum is not $1700 but rather 1700 cents which equals $17
. Fxopen does that on all micro accounts, ...From 17 to 1000...
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ghous replied Oct 2, 2008Pardon me if i misread you, but i guess you want to point out that making $17 into $1000 on demo is totally different than on a live account, indeed you're 100% correct. I am extremely sorry i think i forgot to mention that all of the action will be ...
From 17 to 1000...
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ghous replied Oct 2, 2008since i am going to keep it strictly a trading journal you won't see me post ideas and as such analysis but as and when i post my trades i will not leave anything unexplained as to why i went ahead with the trade, so this trading journal does not ...
From 17 to 1000...
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ghous replied Oct 2, 2008Thankyou Sonic...
I have a few trades lined up and will be taking them soon...stay tuned... Regards, Ghous.From 17 to 1000...
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From 17 to 1000...
Started Oct 2, 2008|Trading Journals|45 replies
A very warm welcome to my trading journal: About myself: My name is Ghous, and i am 18 years ...
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ghous replied Oct 2, 2008yes it may, there is some nice resistance for price around from 1.13 to 1.15. however i am wondering why you went short? there was just abt no PA to indicate this unless you entered with a different criteria then what is discussed here on James ...
james16 Chart Thread
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ghous replied Sep 30, 2008patience alone can make you a fortune in forex mate...
you're learning fast, keep trusting yourself more than anything else, you'll do it!
Heya Bundy! where've you been??
james16 Chart Thread
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ghous replied Sep 30, 2008a missed Gj trade... — here was a nice looking setup on Gj 4H a few hours back, a nice Pb and then an Ib at a confluence with the 188 price level, the break of the Ib could well have earned me 100 pips so far...but i don't feel any more bad ...
james16 Chart Thread