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mike w replied Oct 15, 2009Ok here's the daily and hourly chart. I'll run through the daily then the one hour to see that "pinpoint thought". i have both the BUOVB and the hourly pin of which I entered off of highlighted with an arrow pointing to both. First, on the hourly, ...
james16 Chart Thread
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mike w replied Oct 15, 2009HAHA I may have a better time, but they say australian women make the best lovers. So who's really the lucky one? ha That made my day
james16 Chart Thread
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mike w replied Oct 15, 2009No trades equates to nooooo problems, my friend. Remember that when you see a pisspoor bar and are tempted. To elaborate on what Bundy said, I heard a story and I really can't remember where though. Some really historical figure said that he has ...
james16 Chart Thread
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mike w replied Oct 15, 2009[quote=bundyraider;3150092]It is. It's hard to find a super clear PPZ. Your telling me. Haven't peeked at the weeklies yet. lol ...But this week has been very ordinary for me. First trade of the week an hour ago ...I just did a 1:1 on EURNZD , but ...
james16 Chart Thread
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mike w replied Oct 15, 2009I've been watching exactly that too brother. TON of resistance throughout this zone at that. If we get a pin in that area, I may just cry with how happy I'll be. 1.64 is actually my target for this trade now too. Funny how that works out eh? It also ...
james16 Chart Thread
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mike w replied Oct 15, 2009Yes sir, it turned out to be a solid trade. I never got filled as I wouldn't consider it until we saw a 50% retrace into the bar to make my risk worthwhile. That pound move last night was my runner for the month though. On a risk of 28 pips, it's so ...
james16 Chart Thread
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mike w replied Oct 14, 2009Truthfully, I'd check out the chf/jpy before I checked out the eur/jpy. It seems a lot more convincing on the close above. I'll be waiting until we are at the 50% retrace of the bar to see if we get any solid hourly bullish setups, thus reducing my ...
james16 Chart Thread
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mike w replied Oct 14, 2009We're heading for the retracement on the gbp/'usd from yesterday's BUOVB. I'll be watching intently for any 4 hour sign of exhaustion to the downside for another rally up. If nothing comes, then I'll be trading this down again tomorrow most likely.
james16 Chart Thread
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mike w replied Oct 14, 2009I have no clue as to how I missed this amazing post by Aaron. Post number 24,631. Go and read it and then read it again, especially you newcomers that don't already know this. The real lesson is patience. And backtesting is really honing yourself. ...
james16 Chart Thread
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mike w replied Oct 11, 2009At one point in time, the fivers were losers. Trust me on that. All you have to do is take the steps needed in order to understand YOUR skill set and YOUR weaknesses. Once you have, you act on those. BTW, your name says a lot. Maybe you should look ...
so i've lost half my capital
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mike w replied Oct 7, 2009I don't quite understand what you're trying to explain with this. Fundamental analysis is played out on larger timeframe technical analysis. That's just a simple "truth" that I've known.
D1 and M5, which is noiser?
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mike w replied Oct 7, 2009Post of the day. And not just because it's Big Mike saying it either. Simple, in this business, means cash in pocket. On another note, I've found over A LOT of time studying and "rehearsing" trades that on large BUOVBs/BEOVBs that you'll see a ...
james16 Chart Thread
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mike w replied Oct 6, 2009It's kinda like kiteboarding but a lot crazier. BR made a post about para-skiing. Skiing the slopes with a parachute on ya- It looks ridiculously fun. Other than that, I do a little bit of everything when the opportunity is there brother haha
james16 Chart Thread
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mike w replied Oct 6, 2009Ahh that's nice my man. I have done that before too, I just didn't know that you traded them on the 4 hour timeframe. I'm beginning to like Dale's doubles more and more as well. I've been trading them a lot more lately on the breakouts. That's ...
james16 Chart Thread
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mike w replied Oct 4, 2009I'm lovin it. I have my full position now on the daily break along with an entry at 142.45. Let's see how see plays out now for us.
james16 Chart Thread
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mike w replied Oct 4, 2009If you want confidence, go back and pick all the pairs you trade for the past 5 or so years. Now go bar by bar and test it how you would have traded. You HAVE to be honest with yourself on this part. Confidence will grow as you see yourself ...
james16 Chart Thread
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mike w replied Oct 4, 2009I'm liking it. I jumped in and am going to add on the break break. That opening gap was perfect.
james16 Chart Thread
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mike w replied Oct 4, 2009Yes sir, I'll undoubtedly jump in if that happens. My targets are simple to see on the daily charts. This is where you say, Duh. haha I can honestly say Jim, that throughout my time with this career/life of mine, I'm truly inspired by you still my ...
james16 Chart Thread
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mike w replied Oct 4, 2009That's where mine is too. That is pretty odd, but maybe just a mishap. Luckily, we don't need to rely on indicators to get the job done right. I'll be happy if we see a solid retrace into the pin to get in at (noted by the blue area.) It seems the ...
james16 Chart Thread