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fxprocessor replied Jun 24, 2010I would like to see price break through 1.5 then give a small TF entry on a retrace. Maybe sometime next week. Quite bullish on cable with the current price action. Won't trade it without a good setup though.
james16 Chart Thread
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fxprocessor replied Jun 24, 2010cheers mate.
Trading is going well and I owe a lot to you guys on this thread and the PF.james16 Chart Thread
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fxprocessor replied Jun 23, 2010I just look for low timeframe PA after high timeframe PA. I take quick profits so overall trend does not always concern me if the timeframe I am trading is in my direction. I will not take a trade here unless nice low tf PA comes though. hope this ...
james16 Chart Thread
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fxprocessor replied Jun 23, 2010I'm watching gold for some low time frame pa around the trendline. Daily gave a sweet beob which broke low. Now we are retesting this trendline....
james16 Chart Thread
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fxprocessor replied Jun 23, 2010Stop loss was moved to break even this afternoon and I have now exited for 1.75r winner.
james16 Chart Thread
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fxprocessor replied Jun 23, 2010Hi Mike. Good thanks. You? I am short USDJPY with a small position but agree not that much going on today. I did like the GBPUSD 4 HR buob yesterday. Took a decent chunk of change from that. Just chilling now with my 2 year old daughter watching a ...
MW's trading journal
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fxprocessor replied Jun 23, 2010One thing I forgot to add is that weekly chart is very bearish too. Last week was a bearish outside bar.
james16 Chart Thread
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fxprocessor replied Jun 23, 2010USDJPY inside bar short. Price has broken through a 62 fib and broken the bottom of a BUOB. I see this as a sign of weakness that the area did not hold. I also used a pitchfork to provide me with additional information for this trade but this is not ...
james16 Chart Thread
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fxprocessor replied Jun 23, 2010USDJPY 62 fib ret and lower median line confluence. Long with a 16 pip stop below market structure lows. Edit: Out for 10 pip loss. Edit 2: Stopped and reversed on this when lower median line broke. I see this as a sign of weakness that the area did ...
Andrews Pitchfork (Median Line)
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fxprocessor replied Jun 22, 2010Quick look at this I see an easy pass for my trade style. It does not stand out. It may work out well but too small for me.
james16 Chart Thread
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fxprocessor replied Jun 22, 2010Just wanted to stop by and say hi Mike. Always enjoy your posts. Nice GBPJPY trade there. cheers fxp
MW's trading journal
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fxprocessor replied Jun 21, 2010Out at 136 near last weeks high. Always nice when the market gives a nice quick profitable trade but also makes me take profit at trouble areas as it often drops just as fast when moving like this. I would like to enter again on a ret to 135 area if ...
james16 Chart Thread
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fxprocessor replied Jun 21, 2010I see an inside bar at an area where orders will potentially be clustered. The bar on the 17th also resembles a continuation pin and I like to see inside bars following these. As price has already broken the low of the inside bar there is potential ...
james16 Chart Thread
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fxprocessor replied Jun 21, 2010Morning all, I am long off this GBPJPY inside bar at 135 number on GBPJPY. Stop below the days low and open target. Price has dropped 30 pips or so since I entered but I will leave this to play itself out. Have a great week. FXP
james16 Chart Thread
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fxprocessor replied Jun 15, 2010I personally look at the support/resistance areas and how price is currently moving. I will take a retrace entry on huge BUOB/BEOB type setups sometimes if they are retraces into support/resistance confluence areas that can protect my stop.
james16 Chart Thread
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fxprocessor replied Jun 15, 2010The EURCHF pinbar off 1.4000 was a great setup today. I had my eye on this area but was busy unfortunately so missed it. Powerfull stuff. Went exactly were we would expect. I suspect Mike may have caught this or at the very least been very tempted ...
james16 Chart Thread
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fxprocessor replied Jun 14, 2010Made me laugh
A bit like my football teams goal keeper (yes I'm from England).james16 Chart Thread
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fxprocessor replied Jun 14, 2010Yes mate. They certainly can. This one hit my TP area but without me that time unfortunately...lol
james16 Chart Thread
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fxprocessor replied Jun 14, 2010Hi, I also have the trendline you show on one of my charts. It was far enough away for me to ignore for a low time frane trade though. Don't worry too much about others and their trades especially on different time frames cheers fxp
james16 Chart Thread