True but taking a portion now (1/2 - 1/3) whatever, banks the money in your account and thus your account grows. Moving to BE "without" taking any risks a "no gain" trade. Of course it's completely up to you but for me it's, a bird in the ...

james16 Chart Thread

Hi Adam, the answer to that will vary widely but ultimately it comes down to YOUR personal style of trading. A good rule of thumb though is "Never let a winner turn into a looser". So for me (personally), I'd take some off the table now, move your ...

james16 Chart Thread

You can go right here on the forum and pick one. url I use IBFX and FXpro myself. Open a demo account and have at it.

EURUSD

I started this demo two weeks ago. 10k, 200:1, it's at 16k now. I use mainly daily for entry setup with a 1 lot max and 4H - 1H to monitor the trades. Today I'm just goofing around for a little mental relaxation...

EURUSD

Yea I'm playing around on a demo. Using Huge lots looking for a few pips. Just having some fun on the lower TF's myself.

EURUSD

LOL...I hope it's a 10 lot trade so that 1 or 2 pips you might get are worth it. I don't expect much action today even when we open here in NY. Best of luck and happy holidays...

EURUSD

You might be able to squeak a few pips but for me, well, let's just say I'm glad these charts aren't my heart monitor at the moment...lol Enjoy the holidays everyone!

james16 Chart Thread

Thank you for posting this Hipster. I just had an A-HA moment about identifying "zones" as opposed to "lines". You folks are simply the best!!

james16 Chart Thread

Kinda like me Jarroo. I had to get slapped for -45 before I bailed on the same trade. Could have been much worse though....

james16 Chart Thread

When I write in my journal tonight I'll add that phrase exactly the way you wrote it. BIG BLACK LETTERS. Right next to my own BIG BLACK LETTERS that will remind me of the simply foolish mistake I made in MM. IF TRADING MORE THAN ONE PAIR AT A TIME, ...

james16 Chart Thread

Sorry guy, but it's good to see I can get your blood pumping... I'd love to figure out how to work the sniper into the ridiculously STUPID parameters I'll be forced to work within soon. What I have noticed though is that I passed on three 4H ...

james16 Chart Thread

...3 weeks to build 10k to 18k....1 day to loose a grand.... ...because it's demo.... Time to do the sniper thing Ghous...LOL

james16 Chart Thread

Yes, the "body" is between the open and close. The extensions above and below the body are usually referred to as shadows or wicks and show the high and low of the session....

james16 Chart Thread

Umm???...I was looking at the chart you posted. Seems clear to me?

james16 Chart Thread

For me it's not just the small size but also that it closed below it's open and outside the body of the previous bar. Just my take.

james16 Chart Thread

I understand. Thanks Mike.

james16 Chart Thread

Morning Sir, I suppose you're right. Having picked that up in my reading I felt it was a good metaphor and thus put it there to remind me of the basic concept of patiently hunting. Plus I just really liked the sound of it... However, in my never ...

james16 Chart Thread

On the EMA's, I've had them both on my charts for about two weeks now. In all honesty, I had no idea what relevance they had other than they seemed to just "float" around the PA at quite a distance most of the time. Last night I viewed this link ...

james16 Chart Thread

Morning everyone. Brewing the coffee and getting ready. All 3 trades entered and now it's wait and see...lol

james16 Chart Thread

I'm playing the EU and EG myself. This newbies "whys" aren't worthy of this thread yet. We'll see. Good luck all.

james16 Chart Thread