Well, at least I identified a nice pin here (this time). Sure wish I had the confidence to have acted on it 46 hours ago. Would have been a nice 400 or so gain. Still learning...LOL

james16 Chart Thread

Maybe BTL, but SOME of these walls have ears so keep shouting please.

EURUSD

From what I've learned so far, it has to be FAR BIGGER than mine. I'm still reading my butt off and learning all I can but it's becoming pretty obvious that this won't put the butter & eggs on the table for me (near term).

james16 Chart Thread

To be honest, I stepped out of my normal maximum risk of 2% for that trade and took a shot risking 5% (which I just lost). I SHOULD have banked the +14 I had and been happy. Oh well, the Harley ain't getting no chrome this week...LOL I understand ...

Cable Update (GBPUSD)

DOE!! You just went and ruined it for me...LOL...Naaa, it'll come back. Keep your stops tight...LOL

Cable Update (GBPUSD)

Brother don't I know that...LOL. When I started trading last September I said, "I don't know anything about charts and analysis and i don't want to". Then my wife "suggested" I should take a training course since this mean our living. Before that I ...

Cable Update (GBPUSD)

I see...makes sense seeing your chart. I never thought we could call a "single" pip as S/R but I also never thought of a range that large for one. Hmmm.... I should also add that at 2 full lots ($20 a pip) , I'm not looking for a huge move down ...

Cable Update (GBPUSD)

Thank YOU...that really helps explain a lot! Thank you too gatorinla, I will look for it.

EURUSD

Hi WB, Well, I have the Weekly pivot at 4388 which was "just" broken 2 hours ago but last hour closed below it. Right above that I have a SR at 4400, above that the daily pivot at 4409 and then my 55 offset of the 169 EMA. none of these has been ...

Cable Update (GBPUSD)

I agree that trading without a SL is certain suicide but for the life me, I always get nailed by them by just a couple pips and then it goes my way. It's seems no matter how far away I put them, 30, 60, 100, they get hit by 3 or 4 measly pips and ...

EURUSD

Taking the plunge...or bath — I'm a newbie and this is just my take but the Cable still not able to break my 4 areas of resistance on the one hour and with the last 4 hour candle, I'm short 2 standard lots at 4407. See ya in a couple ...

Cable Update (GBPUSD)

Hmmmm...I did not know that. Thank You!

Cable Update (GBPUSD)

OK pip, I'm confused. If the news was good for the USD (which it was), wouldn't that mean we'd want to sell the GBP/USD??

Cable Update (GBPUSD)

Short from 4400...out at 4328. Waiting for news now.....

Cable Update (GBPUSD)

Price Action

EURUSD

Well...LOL...perhaps not. I'm out until this thing decides which way (ANY way) it really wants to go. After that last 1H candle I'm "thinking" south but who knows?

Cable Update (GBPUSD)

Beginning to think I should have held that 4404 long...LOL

Cable Update (GBPUSD)

Out of that long for -3. Could have been worse.

Cable Update (GBPUSD)

Funny thing is...the last candle was a dandy looking spinning top and I saw it BEFORE going long....LOL AH the trials and tribulations of infancy. Oh well, still holding that long at 4404 to try and minimize the damage.

Cable Update (GBPUSD)

When will I ever learn?? Disciplin... disciplin... disciplin... I told myself it would have break ALL 4 areas of resistance before I'd go long. So what do I do? Go long after closing only above my first.....

Cable Update (GBPUSD)