yes there is a BEOB on the daily cable (IBFX)

james16 Chart Thread

the trend is your friend..(until it bends) this worked for the turtles in the late 80s and still works today 20 years later.. however i too forgot this and got burned on this trade.

james16 Chart Thread

this is just J16 pinbar method using 5M TF, nothing different really =)

Jankone M5 thread

looking for a bounce? isn't a bounce a successful pinbar trade? just curious how did you know to stay out of this trade? (i took it and got burned) i thought this looked like a good daily pinbar, space on the left, room to run too. the major thing ...

Silent Service Method

tax-free?? url

james16 Chart Thread

Mike, it wasn't totally a random 50 pip SL, but i did want to keep my SL at 50pips or lower, and i saw the close and open on daily bars (IBFX) 5/7 and 5/8 were at about .7550, and the daily low on 5/11 and 5/12 were also around .7560, so I thought ...

james16 Chart Thread

AUD/USD burned me. I had a 50 pip SL and i entered the trade on the break of the daily BEOB.

james16 Chart Thread

you entered on your highlighted 4H BEOB? how big was your stop?? i know a lot of people got burned on NZD/USD from the pinbar formed a few days ago.. (i would have too but it wasn't a pinbar on IBFX so i did not take it, other than that location did ...

Silent Service Method

nice post, very true too. if someone doesn't have the patience to read this entire thread (let alone J16's thread), there is no way in hell they will have the patience to successful trade forex month after month.

Silent Service Method

i'm closing my EUR/AUD order. NFP too close. no tradin' till next week!

james16 Chart Thread

are you concerned about NFP friday?

james16 Chart Thread

9minutes to IBFX daily close

james16 Chart Thread

yea i'm watching cable closely

Cable Update (GBPUSD)

there are thousands of stocks out there, just curious how did you find this setup? did you just happen to look at a walmart daily and noticed a pinbar? thanks, DZ

Silent Service Method

there were many pinbar setups yesterday, almost all of them turned out alright.. personally i took AUDJPY, and i moved my stop to BE after the pair moved up 50 pips (30 is a little tight imo). i've closed the position now @70.0 w/ 1:3 RR ratio. (i ...

james16 Chart Thread

i'm sure that PB took a lot of people out..

james16 Chart Thread

nice

james16 Chart Thread

too much lines

james16 Chart Thread

jarroo, if you are playing the break of this maybe you would enter about 5 pips above the high, so that's .8920.. it made a clean break and hit a peak of about .8988 as i speak, that's 68 pips.. but where do you place your stop? if you play it ...

james16 Chart Thread