Hello Dan, Well, there was really only one trade that everyone needed to be in today and that was the Dax. 195 points up from the break of the pin and closed at an all time high. I got this one. Pin bar off 50ema and an ascending TL so clear you can ...

james16 Chart Thread

Hi Dan, I am still in too. I've moved my stop on the full position to 1.0525 which is sufficiently out of the way for the time being.

james16 Chart Thread

Oh, Mr Demark! You closed out already?!

james16 Chart Thread

The bottom of the pin is 1.0534 on my charts. Let's say to make it fair for everyone, you can start counting from the entry price you got underneath that. I got 1.0533 so that is where I will count from. Also, if you take half your position size off ...

james16 Chart Thread

LOL Is there anybody that isn't short this pin bar?! Well, taking it was easy but let's play a little game and see who can make the most pips out of it? Just for fun... The winner can tell the rest their exit strategy...

james16 Chart Thread

Get on with it...

100$ -->100,000$ (period: 12 months)

How far a pin can go is a difficult question to answer. I don't like to set targets on markets - I like to try and ride the wave. What I really get a thrill out of nowadays is seeing how long I can stay in a move because the easiest way to make a ...

james16 Chart Thread

Hi, I went short at 1.0533 and have a stop at 1.0617 (84 pips away) My strategy is to wait for the end of day and alter the stop then. I will not move it intraday no matter what happens. A more conservative approach would be to take some money off ...

james16 Chart Thread

What does everyone think about the daily pin on USD/CAD?

james16 Chart Thread

USD/CHF — Two words for you all: Razl Dazl

james16 Chart Thread

Hey Tw0eleven, This was closed earlier today for breakeven. I took this in an account I am managing for a friend. I went long at 105.07 and when it was +36 I decided to put a stop in at BE so it didn't turn into a loss. I know a lot of people trade ...

james16 Chart Thread

Tw0eleven, Sorry to hear about your loss on the USD/CAD pin - it looked like a done deal but you were right - it didn't trigger and then the price fell. I always place my orders just one tick above the high/low of PA setups and by rights I should ...

james16 Chart Thread

Dan, There was a pin on the daily charts which is the reason this caught my attention. I am not in it yet though. Tom

james16 Chart Thread

I'm long off Pin 2 but not in my account - this is a managed one. If it comes off more I will probably hedge it in the futures market.

james16 Chart Thread

Take the PA setup and ignore the news. Good advice. None the less, has anyone else gone long USD/CAD off this pin and in the face of the Interest Rate announcement later this afternoon?

james16 Chart Thread

Hi Dan, GBP/USD had a good looking pin bar friday which would have triggered a long yesterday. I hope this works out for you I am looking to time an entry short on NZD/USD, EUR/JPY and long USD/CAD. Tom

james16 Chart Thread

The traders that eventually make it in this business end up trading in a style that they are comfortable with, that fits their personality. That's what we spend so long looking for. Personally, I like to swing a big line but I do not have a huge ...

james16 Chart Thread

Bund 30m — Beautiful head and shoulders formation. DBHLC at the neckline leaving it looking very vulnerable. If you are just looking at forex you are limiting yourself in a major way. There are some markets out there that PA works so well with ...

james16 Chart Thread

I spreadbet. You could try any of the major companies. None of them change their spreads during news and some of them even lag the major moves meaning you can make a lot of pips/money risk free Look for a post on here called "How to profit from ...

Oanda

Actually I was trying to help! I know plenty of people who complain about widening spreads during news but they never seem to think of changing brokers... So that's not you. Fine.

Oanda