I use Snag it (Google the software). g.

Mastering the Art of Trading

Wow. I sure do hope "HE" knows what a stop loss is. Never mind the chart. g.

james16 Chart Thread

When waiting for a pull back, I will either place a pending order slightly above the LLS (If the setup really is that good. An example would be the EJ 4H from 20th FEB where price pulled back to the LLS in confluence with the 140.00 RN after ...

Mastering the Art of Trading

Yes it does. Think of your large strong bullish / bearish bars as representing a period of "vacuum". Most trading will occur in the times that price is sideways, i.e consolidating. Large sudden moves, represent thin volumes where price is spiking to ...

Mastering the Art of Trading

You spotted the setup on the daily. Treating this as a daily trade, would have allowed you to witness some totally non-threatening "textbook stuff". I have been burnt time and time again, by zooming in on the action, to try and follow price more ...

Mastering the Art of Trading

You bet! Love my pin bars as fake out bars g.

Mastering the Art of Trading

Yeah, I too felt that there really wasn't any solid bullish story there . . . g.

Mastering the Art of Trading

Yes that is correct. I was referring to the initial pull back making it back to the LLS not a pull back from here on. Sorry if that confused you. g.

Mastering the Art of Trading

Beautiful charts J! g.

james16 Chart Thread

That's a tough one IMO. The fake out story isn't that strong and you're buying straight into resistance without ample information to suggest, rather predict, a break to the upside. I would have preferred a pull back to the LLS as shown in the chart. ...

Mastering the Art of Trading

Most importantly - It was predictable all the way! Whatever trade management method you choose to use for the trade, as long as it revolves around the available information its good to go. g.

Mastering the Art of Trading

Hey Neytiri, Yes I do. In my case, because I am so picky, I tend to miss moves altogether but that's totally ok as long as I can logically justify my decision to pass the trade. No trade is exactly the same as another in terms of quality or the ...

Mastering the Art of Trading

Price drops under the 1.65 but very unlike a true breakout. Not too convinced with the small range bars here. Could well be the fact that we're still caught up in the consolidation box. image g.

Mastering the Art of Trading

The fake out itself looks magnificent but its almost totally suffocated for space. In this context I do like your tight TP there. Tucked right where it should be for a no brainer trade. image g.

Mastering the Art of Trading

Watching for a determined close under the 1.65 RN for this setup on EUR/NZD. Good confluence with the RN, the EMAs, the consolidation box and trend line from earlier. A move down from here and the 1.64-ish region could well be in play. image g.

Mastering the Art of Trading

Glad to see it moving. The XXX/USD pairs have been ridiculously pointless these days. g.

Mastering the Art of Trading

There is a big difference between: 1) Waiting to see if price will do what it should do. and 2) waiting to see if price will do what I hope it will do. Cutting the trade as soon as it shows signs of holding up isn't the only way of doing it. And ...

james16 Chart Thread

Well you don't really need an indicator to draw trend lines. Unless you spotted something special? g.

james16 Chart Thread

Its a tough question to answer in general terms as so much depends on the situation at that time. But I am weary of the times when price comes back to the EMA after an extended move away from it or when pulling back to it the first time after ...

Mastering the Art of Trading

The LLS comes off a minor swing low. g.

Mastering the Art of Trading