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fxprocessor replied May 31, 2010Did your backtesting data take into account holidays?
james16 Chart Thread
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fxprocessor replied May 31, 2010As suspected price has retraced back to my original entry position so I am happy I took full profit earlier today. I almost got out at the top of the first breakout move.
I am now long again with half position size and hope to ride it up again ...james16 Chart Thread
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fxprocessor replied May 31, 2010Hi Novice198 You are right there is always another opportunity. No single trade ever matters if you use good money management. It's all about positive weeks/months. I am happy to post my trades live when I have time to show people how I make money. ...
james16 Chart Thread
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fxprocessor replied May 31, 2010I would not enter a short trade above 4500 personally. Don't want to trade into the big number/PPZ. Sleep well :-)
james16 Chart Thread
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fxprocessor replied May 31, 2010This broke nicely. Closed full position at 1.1085 for for 55 pips as price often retraces after these breakouts. I want to get back in on this if it gives a nice ret entry. Made twice as much as I lost this morning. Daily TF rules :-)
james16 Chart Thread
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fxprocessor replied May 31, 2010Hi Bundy. Agree with your thoughts. Yeah I killed the GBP when it broke the round number. Ony a tester trade size luckily. The original trigger was on the 30 min chart so very small loss.
james16 Chart Thread
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fxprocessor replied May 31, 2010CADCHF — I am long CADCHF off the inside bar at major round number. With the trend on this one. Open target would like to trail it if lucky enough to get a runner. Edit: Killed the GBPUSD when price broke the round number. Avoided full bar ...
james16 Chart Thread
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fxprocessor replied May 31, 2010Cable short — I got short on the 30 min pin. We now have a one hour pin at BRN/PPZ and have a nice trendline break that indicates a potential drop. Price bar is a B. Loication is A+.
james16 Chart Thread
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fxprocessor replied May 27, 2010Price gave me a very quick 30 pips off this level. I have closed and want to see price hit the LML again now for another entry which I would hold for a bigger run if the market gave it.
Andrews Pitchfork (Median Line)
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fxprocessor replied May 27, 2010USDCAD — Have entered a long at touch of lower median line. Nice fib confluence area. 40 pip stop loss.
Andrews Pitchfork (Median Line)
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fxprocessor replied May 24, 2010Nice. Thanks for the explanation. I trade price action bars but have recently started using forks to pinpoint entries. Please see attached chart for an entry I took today. GBPUSD had made an engulfing bar on the 30 minute chart so I had an upside ...
Andrews Pitchfork (Median Line)
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fxprocessor replied May 24, 2010Can you please explain your thought process/triggers when entering/exiting this trade? cheers fxp
Andrews Pitchfork (Median Line)
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fxprocessor replied May 24, 2010I noticed that too mate. Clearing out stops before moving lower maybe.
james16 Chart Thread
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fxprocessor replied May 24, 2010GBPUSD 1 hr pin at daily PPZ — Great start to the week. Took the 1 hr GBPUSD pin at top of range / daily PPZ / round number 1.45. Have exited at 50 fib ret of last move.
james16 Chart Thread
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fxprocessor replied May 20, 2010Well that didn't quite go to plan
I have actually been reasonably successfull recently so typical that a trade I post on the thread goes t**s up. Anyway back to waiting mode as Bundy would say 
james16 Chart Thread