Yea mate agree, don't like the two bar drop down Would like to see a better reversal pattern for this trend though. Bounce here up to 0.93ish and back down would give us a nice H&S pattern

james16 Chart Thread

Yea mon, dailies, weeklies and monthlies for me too. H4 sometimes for a better entry I like to set-up trades on Monday and go fishing for the rest of the week

EURUSD

A picture with twin peaks speaks a thousand words.. err pips image

EURUSD

Good godman, what's that a tick chart? I'll stick to my H4 and beyond for the 100+ pip moves

EURUSD

Support from low back in late 2007/early 2008 is around this area too (monthly chart).

james16 Chart Thread

She's sideways

EURUSD

Nice bullish engulfing candle on gold daily chart. May just help EU longs. Cable on the other hand seems to playing out the nice H&S pattern on the weekly.

EURUSD

Nice pinbar indeed.

AUD/USD

Yea that's what I mean (stock standard, sorry car talk). Weird, mine looks nothing like yours set on 30

Auslanco - GBP/JPY and GBP/USD (newstrade)

lilmoe, are you using the stock CCI in metatrader? Setting mine @ 30 does not look even close to yours

Auslanco - GBP/JPY and GBP/USD (newstrade)

On my data feed, if the daily candle closes above 0.8701, we'll have a nice pin bar.

AUD/USD

LOL, yes that was a quick pull back. Closed at 206.21. 206.77 is the top of the bar on mine.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Free trades are the key. Just like the DIBS system, pull 1/2 - 2/3's of the trade when the price has moved the distance of your stop to break even or lock in profit and then let it ride to heaven

EURUSD

I noticed that. It needs to close above 206.18 in 4 minutes to be valid. Not looking good @ 205.53

Auslanco - GBP/JPY and GBP/USD (newstrade)

Less DD and more gain would be my vote. DIBS for example is the best low risk/high gain system I have ever come across.

How Do you trade... ?

Of that 10%, you can only trade risking 1-5% of the total amount you have left (I strongly suggest 1%). Let's say it is $100 you have remaining. If so, you can only risk $1 (or $5 MAX) each trade. Try trading a cent per pip if your broker allows it ...

EURUSD

Yes, your money management is not good oolides. Never risk more than 1-5% of your account capital (even 5% is a bit much IMO). If the market moves against you, get out early and then you'll live to fight another day instead of cooking your account ...

EURUSD

I'm not sure what part of bold you don't understand, maybe it's because you lack the intellect. Like I said it's bold and I don't really care what your opinion is chump. Opinions are like ass holes, everyone has one. Yea, I've been to disney land, ...

Cable Update (GBPUSD)

"Pattern recognition and fibos is my way in this jungle" Can't you see the H&S pattern sticking out like dogs balls on the weekly???

Cable Update (GBPUSD)

LOL Try 8-10 years. Like I said it's a very bold prediction based on current price action, not a dream. My analysis is the nice clear H&S pattern on the weekly. IF it plays out and reaches its projected level, we could be inline for another massive ...

Cable Update (GBPUSD)