Well what a scary day I have today... 6% lost in one day, trading daily and weekly charts... 6. eur/aud -$854.60 7. cad/jpy -$998.94 8. eur/gpb -$865.29

james16 Chart Thread

Stop loss hit cad/jpy — image Novemebr 24, 2010. Stop Loss hit. Well this is a third stop loss today, so I don't even want to discuss this. Let's trade until I hit my 20 trades mark. No rush though. TRADE RESULT -$998.94

Forex Trading Journal

Nice, do you know why your equity curve suddenly became so volitile? If you only manage to bring back your previous style imho you would be in solid position and slowely accumalate wealth Wait, what is your %R per trade?

james16 Chart Thread

Yes, glad this is demo. And of course I can blame N. Korea for my unexpected loss

james16 Chart Thread

Hey Pinbar, yes I did not get a chance to move to BE The setups are those IB and PB both weeklies. If you click these links you'll see both trades. 6. eur/aud -$854.60 8. eur/gpb -$865.29

james16 Chart Thread

4 demo percents have been lost today... 6. eur/aud -$854.60 8. eur/gpb -$865.29 image

james16 Chart Thread

STOP HIT EUR/AUD — image November 24, 2010. STOP HIT. TRADE RESULT -$854.60

Forex Trading Journal

Stop loss hit eur/gbp — image November 23, 2010. Stop-Loss hit. Well. I liked the setup. As adviced but Jarroo I would look for better quality IB bars ( the smaller the better) compression then quick pop - something like that I guess.. Plus ...

Forex Trading Journal

Thanks for advice Jarroo, the smaller the size the better, I need to remember this. And of course overall story - I have to improve this part of my trading.

james16 Chart Thread

It was this IB off BRN,PPZ on weekly. Looked really promising to me... it is about to get stopped out in a minute I guess.. image

james16 Chart Thread

And I'm long EUR/GBP... will still have to work for years...

james16 Chart Thread

Yes look really bearish. I still have hard time going to higher TF. Because many times I just don't know what do I want/need to see there. For now I only check it for opposing signals (like opposing BEOB, PB)...

james16 Chart Thread

I also think about this a lot. I think maybe I will let them run (without any partial profit just at BE) but only for those setups I see on high TF's like weekly or maybe better monthly. You know, as a long term (profitable) investment... something ...

james16 Chart Thread

Yes that was fast. When I was doing my backtests I saw many pins which didn't break and price reversed like that. So this is just invalid pin, no trade. Happens... I was hoping though it could shoot through the roof... ok will wait for the next one. ...

james16 Chart Thread

Thanks Mike, I only try to follow your advice as good as I possibly can. This one has a great space too! I don't make trades intraday, just practicing to identify setups. Let's see if this one will work out.

james16 Chart Thread

This seems to be ready to go...

james16 Chart Thread

Cool But see it still continued up as many times it does! If we only learn to hold...

james16 Chart Thread

Looks good to me, I would pay attention to BRN it may be a good level to take some profit...

james16 Chart Thread

November 21, 2010. Order filled. Long 0.40 eur/gbp @ 0.85790 SL @ 0.84420

Forex Trading Journal

Ok, here is how I see the whole situation. Hope this clarify my view on it.

james16 Chart Thread