We still have some time until month is over but do you think this is a strong short setup?

james16 Chart Thread

Great job! I think it is still valid for J16 Two-Bar High breakout. There is only a few pips difference. Mike showed something like this before.

james16 Chart Thread

Did you enter? So was it just a buy order above res?

james16 Chart Thread

wow, forex, commodities all have different 4h closing times even withing one platform. Even oil and gas have different closing times!!! Everyday something new for me... thanks Aser

james16 Chart Thread

Ohh sorry Aser! That's just oil chart, forex times are different!!! Never knew that myself! hmmm

james16 Chart Thread

Yes sure, I'm looking at it right now, there you go

james16 Chart Thread

Yes, Alpari Uk will close in 10 seconds

james16 Chart Thread

Thanks Jon, I need to think about all this. I also want to remove most of emotions out of my trading. I like the way you do it - think before the trade then just execute.

james16 Chart Thread

Hey Aser, ahhh now I see. Maybe this Alpari has expensive rates for CFD's. So many nuances with them... Here is the table I am looking at on the Aplari website. url EDIT: I bought 0.10 YM (mini dow) on FxPro where tick size $5. So I am down 3 ...

james16 Chart Thread

Also, a question for those who trade CFD's. Please, I just have real hard time now. Look, for example oil CFD. It has an increment of 0.01 and increment value is $10. So if I have a $50,000 account with a %R per trade 2%. And I see a weekly setup ...

james16 Chart Thread

Hello Nuclear, thanks for reply. Yes I think I would go with this "mental trail" or maybe with Mike's 2 bar exit. I like 2bar exit more for removing emotions out. Need to practice and see both methods. But I am convinced that I need to stay in a ...

james16 Chart Thread

Yes. There is a post by Mike about this, somewhere in the thread. Different brokers have different closing times. Most popular times here as I noticed are FxPro and Ibfx. So you basically can follow both, and when you see Pinbar on one platform it ...

james16 Chart Thread

2-bar exit strategy. Would this be correct? I moved my SL above next after entry high.

james16 Chart Thread

November 25, 2010. AUD/NZD trade - SL moved to 1.3080 TP was taken out, I will try to trail this.

Forex Trading Journal

Or should I just stay at BE and eye ball the chart? Like "mental trail" - any seniors do that? I'm afraid there would be too much emotions involved with this... but it could really give my trade a room to run...

james16 Chart Thread

Can someone please direct me to the post about Mike's 2 bar trail. How to do it right? My search gives me only partial info, still can't get it. Or chart with info maybe? I was thinking about my trading. I think I need to hold for longer. At BE or ...

james16 Chart Thread

Thanks Menomo, don't know much about Elliot waves... I will stay away from IB's for now, as was suggested by Mike. No, I do not go to lower TF, only check my higher TF for opposing threats. I sometimes go to lower TF when I am in a trade already and ...

james16 Chart Thread

I don't know. I saw that BEOB yes. But I assumed that BEOB already "reached its targets" coming to BRN, PPZ. BEOB's power can't last forever right. I do have a rule not to fade immideate PB, BOUB on same or higher TF - that was not immediate in my ...

james16 Chart Thread

Ok thanks, great advice! Already printing all 3 trades! thanks

james16 Chart Thread

Mike, thank you very much! As always great advice!!! Yes, I look at my trades now and I don't believe I took them. Really I have this "need" to be in, especially on daily/ weekly I feel like I'm not working when there is no trades for days. This is ...

james16 Chart Thread