Yes it is very profitable if you are very selective in terms of which ones to take. It is also very easy to lose money 6 time faster than you would on the daily if you don't know what you are doing

james16 Chart Thread

All due respect and this is not aimed at you ertorque but just a general comment. I see lots of posts on Inside pinbars but these are not bars that James teaches to play (at least I never did see James mention them and I've been around here for ...

james16 Chart Thread

Lol

james16 Chart Thread

Another nice area for PA.

james16 Chart Thread

USDCAD confluence area — Nice confluence area on USDCAD. TL broke upwards and we now have a retrace to 62 fib and breakout area. I will only trade it if PA shows in this area though as I don't like the current price action rejection above. ...

james16 Chart Thread

Too right! Huge BEOB's like that don't come around very often

james16 Chart Thread

Nice You too mate.

james16 Chart Thread

Don't know if you took it or not Mike but it certainly met the "Mike size criteria"...which is always a great thing I would love to see an I4B just underneath 1.6500 for another short now

james16 Chart Thread

Not had time to read through thread today. I'm sure lots of people took this massive BEOB on GBPCHF at 1.6500 BRN, TL(s) and swing high. Took profit in the circle area on my chart just before lunch today whiich gave a profit I considered worth ...

james16 Chart Thread

And how it ran :-). Didn't catch the big drop end of today but still a nice 13r trade.

EURUSD

TL break — This break of the trendline on the 5 minute chart provided a great re-entry back in with the trend. Initial 15 pip stop loss now sat on approx 3 x R. No intention on taking profit so stop at BE and let it run or die :-)

EURUSD

Yes I have a long at 1.3 also. Hoping to see some short term profit taking retrace. 50 pip tp 60 pip stop.

EURUSD

But you are sat on a (approx) 240 pip drawdown on cable aren't you? Price currently at 1.5447. Originally Posted by forexmick image TENTH TRADE It is 8.15pm NY time Monday I have SOLD at one GBP/USD at 1.5332 Quote: Originally Posted by forexmick ...

The ForexMick Trade Journal- Jacko style

GBPCHF BEOB and gap. — I was hoping for a gap on GBPCHF tonight and sure enough we had one. I took an entry as soon as my broker opened. Let's see if price can break the BEOB low.

james16 Chart Thread

A lot of it depends on your trade style. If you are a stop loss to break even type of trader and let it run it is essential to trade with the trend. If you are trading A+ bars at great areas to FTA it is less important but still preferable

james16 Chart Thread

Is this journal just a sales pitch for Jackos blog? Also see that you post entry points but no stop losses so what is it proving?

The ForexMick Trade Journal- Jacko style

USDCAD — Quick one for all who plan on taking the USDCAD pin. Don't forget you are trading into a weekly BUOB off a major round number :-) Easy pass for me but it may fit your trade criteria. Tomorrow is also an interest rate announcement for ...

james16 Chart Thread

This was a BE trade in the end :-)

james16 Chart Thread

Decided to close at FTA as market gave me a quick profit. Good chance gap will close though. May re-enter on a retrace.

james16 Chart Thread

Cable BUOB 4 hr — Another trade I am in. I am long cable from this 4 hr BUOB at 150 EMA. I see this as a potential gap close trade.

james16 Chart Thread