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- balloontree replied Jul 12, 2012
I must be the dumbest user of Jaroo's method — 1) first I noticed a LCS at 1.22853; close of candle + wick on the 1st of June for confluence 2) candle 1 close below the LCS; so I placed a limit sell order (1.22583 - 10 pips); SL is like ...
james16 Chart Thread
- balloontree replied Jul 12, 2012
hmmmmm, I see, I didn't realised they are tiny, hmmmmm, I need to zoom out a bit; the purples ones are the FTA, but maybe they wouldn't even reach there? ETA: just saw your the other post about the using the last support to act as ceiling for the ...
james16 Chart Thread
- balloontree replied Jul 11, 2012
Daily pinbar at EURGBP? or is it too small? also GBPCHF?
james16 Chart Thread
- balloontree replied Jul 11, 2012
opps; in EURUSD Daily; the previous bar closes below the 1.22853, and I waited for the price to retrace to that level and place a sell order......... did I do something wrong?..........
james16 Chart Thread
- balloontree replied Jul 11, 2012
thanks, I saw your charts, and I am guessing how you would enter the trades; but not like 100% sure if I am guessing right
james16 Chart Thread
- balloontree replied Jul 11, 2012
Hi Jarroo, Is this a valid Weekly LCS? EURUSD? to go short at the start of the next candle? Do you have a post/pdf that explains how to do this trading? thanks
james16 Chart Thread
- balloontree replied Jul 9, 2012
That reminds me, With everything equal, would you enter a bullish/bearish inside bar or outside bar? I couldn't work it work An outside bar would indicate that the crowd has decided an inside bar would indicate that the crowd is indecisive so should ...
james16 Chart Thread
- balloontree replied Jul 9, 2012
OMG! in my FXCM, it's not BUOB!! >_< I'm going to get a FXPro!!
james16 Chart Thread
- balloontree replied Jul 9, 2012
understood both charts completely; I've watched a video in J16 guest room talking about this. If it's just PA + pennant or S/R lines, I understand do you use fibo/ema/RN/BRN or others when analysing the sideways markets?
james16 Chart Thread
- balloontree replied Jul 9, 2012
I'm under the impression that $50k will do the trick; and when if one is successful in trading, could probably work for bank/finance sectors where they paid you to trade? would that be a likelihood?
james16 Chart Thread
- balloontree replied Jul 9, 2012
one question: why do you watch so many pairs? do you trade in all of them? or do you have an indicator that screams "PA" and you manually go in and look at the location of the PA? and enter when it's at good location?
james16 Chart Thread
- balloontree replied Jul 9, 2012
thanks! btw, what broker do you use for trading?
james16 Chart Thread
- balloontree replied Jul 9, 2012
thanks!! btw, are you trading full time, and not working a day job? how long did it take you to move to that stage? I'm aiming end of next year latest; I hope I can do it.
james16 Chart Thread
- balloontree replied Jul 9, 2012
thanks! btw, where can I learn about trading sideways? or continuations?
james16 Chart Thread
- balloontree replied Jul 9, 2012
yeah, but the target is very short.......maybe for 50 pips, maybe like for 30 pips and run? how about other factors? fibo/2ema/RN/BRN? my broker doesn't have this currency pair whats GBN? PS: I'm a forex newbie
james16 Chart Thread
- balloontree replied Jul 9, 2012
OMG!! This make absolute sense!!!!! btw, how long have u been trading live? and have you manage to quit your day job? I think I'm a bit ambitious.........planning to quit day job end of next year latest!
james16 Chart Thread