Very true, however I don't think asking questions in general is to be frowned upon, the more questions you ask the quickly you can climb the learning curve. But asking for specific trading advice is the wrong approach, better to take a trade based ...

james16 Chart Thread

My plan is to use 2 bar stop with some tweaks, that way you can ride a long move and cut your losses if it only goes a few pips. One tweak might be to move to break even at 50 pips, then move to 2 bar stop.

james16 Chart Thread

What method, can you share it?

james16 Chart Thread

Do you think its worthwhile spending time just watching price action at S/R with Vhands? Im sure you could see a pattern for scalping, like Jeffs retrace.

james16 Chart Thread

I watched some of Steve Nisons dvd's on Candlesticks and he basically says the exact same things Jim/Mike etc say. He goes on about how candlesticks provide more information, even although they both show open/close/high/low. he overstates the fact ...

james16 Chart Thread

Yeah you are right. People focus on making a profit when managing trades, its also important to cut losses also as you will have losing trades from time to time. I did exactly as you said and moved my stop to above that bar cutting my loss in half.

james16 Chart Thread

What I mean is I want it to protrude like a pin bar, in fact I wont look at outside bars as I am concentrating on Pin Bars. I'm not saying OB's don't work, but I want to master the PB and all its variations (multiple day, proxy, in traffic etc).

james16 Chart Thread

This is the first time I have taken a loss using method, where I haven't felt like moving on. In the past I would take a loss then move on to a new system/method. I feel so confident in PA and Jim's teachings that I know it works, I just have to ...

james16 Chart Thread

I agree with you, I am only looking at pin bars from now on, good 1,2,3 day pin bars at swing high low for A+ setups. I will then look at other good looking pin bars not at optimal locations but look to move stop to BE quickly. I think outside bars ...

james16 Chart Thread

Yeah, im flat. Im sure we are due a gorgeous pin bar that breaks hard soon. Mark

james16 Chart Thread

I agree, once you know what to look for and are looking at swing high/lows these start to pop out, I've attatched a chart of one. You can train your eyes to the best setups. Hope it helps Mark

james16 Chart Thread

Try switching to a bar chart, then imagine removing the close of the first bar and open of the second, then imagine them as one bar. If its a pin bar then its a 2 day pin bar.

james16 Chart Thread

Not looking good, but the news tonight might help.

james16 Chart Thread

He turned $5000 into $140,000 in 2 years not bad!

james16 Chart Thread

I reduced my stop yesterday, I got stopped out for 120 pips loss, so my eur/aud trade profits got wiped out plus a few more!. Bit peeved and will be concentrating on Pin Bars from now on. Backtesting time now, while checking the charts each night ...

james16 Chart Thread

FF is having problems today?

james16 Chart Thread

Hi Tyler, Are you still in the trade? When did you take profit?

james16 Chart Thread

Got stopped out of the AUD/USD, lost 120 pips, I probably moved my stop to early, just didnt feel comfortable though. Back to A+ setup hunting.

james16 Chart Thread

So you are happy to enter on a pin bar, but when you see one the opposite way it somehow doesn't matter?? I don't follow your logic? I am talking about only looking at bars on the TF you traded from, i.e. you see a PB form on daily after entering on ...

james16 Chart Thread

Thanks for that, had a quick look but I would rather do my own testing.

james16 Chart Thread