my AUD/JPY trade got stopped out at BE.

james16 Chart Thread

yea the name "TiaForex" does sound pretty feminine

james16 Chart Thread

correct, their trading styles are different.. but how many people here have a 90%+ win rate? i don't, which is why i go for good RR trades. to take a quote from The New Market Wizards, it's not about having a high wininning percentage, but rather ...

james16 Chart Thread

having realistic goals — i wholeheartedly agree w/ CW's conservative strategy of averaging 1-5% ROI a month. some people cannot handle it because it is too slow, they want to get rich now, while they are young! they want 10%, 20%, or even 30% ...

Silent Service Method

i have to agree w/ CW, the RR on this trade would be horrible. i passed on this one. not a textbook J16 trade.

james16 Chart Thread

there are better trades out there

james16 Chart Thread

yea im gonna pass on this one too, 2day pinbar looks nice, but there is not much room to run.. going into consolidation zone

Silent Service Method

thanks!

james16 Chart Thread

agreed, EMA's are part of MAs, which are part of indicators.. and with PA we just throw all those indys away because they are lagging

Silent Service Method

did you take this trade based on location, S&R, and breakout? no price action signals (pinbar, outside bar, inside bar, etc)?

james16 Chart Thread

agreed, the reason you only see winners posted in most threads all over FF is because no1 likes to brag about losses =P they like to go "oh i made 100 pips today yahoo!!" the next day they lose 200 pips they are quiet.

james16 Chart Thread

you can learn a lot from one's mistakes. posting losers helps us analyze what to watch out for. plus always posting winners makes newbs think they could do this in 1 month of practice, shows a huge bias.

james16 Chart Thread

I am in this trade from the 4HR pinbar, i entered at 8170

Silent Service Method

very nice

james16 Chart Thread

i have "Fooled by Randomness", it was a good read. i would recommend it to all. it's not really about trading specifically but it might change your perspective on how you view a lot of things in life

Silent Service Method

where are you seeing 5 pts? its only up ~7%.. sitting at around 15.. up 1 point.. but yes nice nonetheless.. however reading your post at first i thought it would be up like 20%+

Silent Service Method

nice talk! keep 'em coming

Silent Service Method

the big dogs

Cable Update (GBPUSD)

money is currently falling out of my pockets w/ this one.. i went short upon break of weekly pinbar

james16 Chart Thread

whoa that's a lot of lines on your chart, being a KISSfan i would think you would adhere to the "KISS" principle..

james16 Chart Thread