What do you think of EUR/AUD on daily? Is the nose too short?

james16 Chart Thread

Wow, that's huge! Where did you set your stop loss at the beginning? That one red bar in septembre is pretty low

james16 Chart Thread

Do you guys think this is a nice setup on AUD/USD? DBLHC formed and now price has some problems to get above HCR, maybe it will retrace? @ballon: Maybe this thread (including .pdf) will help: url

james16 Chart Thread

Is this pinbar too short? And the other question I got (don't want to push anybody!)

james16 Chart Thread

I'm currently on page 27 of this thread but I don't think this question was already there: James16 mentioned that when trading a dbhlc/hblhc the highs/lows should not differ in one or two pips. Is this even possible on daily and higher timeframes? I ...

james16 Chart Thread

Of course this helps, thanks. I need to improve my trading a lot until I start trading with real money.

james16 Chart Thread

Okay guys, I'll try another one, what do you thing of this one? Or am I already too late? On the weekly chart there is a Pinocchio after price has risen for some time. Additionaly there are two Fibs (23.6 red, 38.2 blue) where price retraced.

james16 Chart Thread

Alright, thanks for the answer. Really a nice entry!

james16 Chart Thread

Hi Chanya, you were speaking of very tight stops. How many pips did you use for your SL? @Greenhaze: I know how you feel! Either I go long at the top and the price rushes down, or my limit order gets missed by only one pip or so (still demo).

james16 Chart Thread

Ah thanks to 0421 and Mike, I see my mistake. Maybe I overread this point at the beginning of this thread.

james16 Chart Thread

Hi guys, I'm quite new to forex and my biggest problem is to figure out when to close a position. For example today h4 EURUSD I saw that nice dbhlc. I opened half of my position at the retracement and the other half at the close price of the first ...

james16 Chart Thread

Just found the James16 thread and tried his double bar low with higher close AUDUSD @1.02771 (30 minutes tf). Take profit @20 pips Does somebody know what the heck that was? About 35 pips within seconds!

Day Trading for a Living

I went short GPDUSD @1.55959. There is again a fib retracement (50.0) and a few days ago there was some minor support/resistance level in that area. EDIT: video

Day Trading for a Living

Hi, sorry for the late answer. I took half of the position @79.65 and then set my SL to break even, where the trade ended a few hours ago.

Day Trading for a Living

I shorted USD/JPY @ 79.830. I think there's some resistance and there's also a 38.2 Fib

Day Trading for a Living