I think I hear you mike. If you mean by letting the more successful trade win out through exiting at the right time (on both as circumstances arise), I've done that many times. Has mostly worked well. This would be the default action I take in that ...

james16 Chart Thread

Looking good for an entry here. 4-hr pin . Depends what London brings us leading up to the open. So easy for things to change around now. It's bouncing off a trendline by the looks of it. Daily S1 line there too. Would rather a deeper ...

james16 Chart Thread

Conclusion Aussie Cash index. — I said I'd give a more details on this trade later on, so here it is with promised pic. This trade was playing the recovery from the worst stock market fall in a long time here in Oz. It hurts a little knowing ...

james16 Chart Thread

Hi Jor. To add to Mikes post, heres some trade considerations. Good pin, in a lower grade position. Would be a good candidate for a trade, but... Pros: *Strong bounce off of a fibonacci confluence area. Shows a good reversal of sentiment during that ...

james16 Chart Thread

LOL. Don'ts we all. This came from a double bottom on the 4 hour. I'll post a pic later tonight. Currently sitting at the target area. I'm out for 200 even. It's the end of the week. Got other things to do. Australia day tomorrow! Gotta ...

james16 Chart Thread

You mean the free trade thing? Why not? No need to have a heart attack everytime the chart retraces against you! Current status... This market reacted to the 38.2% line on the daily chart. I've learnt to watch these areas for "fake" price action. ...

james16 Chart Thread

Index Pullback Trade — These are one of my most favourite trades. Not Forex, but it's a really good example of a trade with negligable risk. Doesn't have to be an A+ pin for it to work in a case like this. The potential pay off is large ...

james16 Chart Thread

Sorry Jatis. Was trading another idea earlier this evening on swissy. Mixed up where I was trading a pin!

james16 Chart Thread

Yeah, I was trading it Jatis. Everyones buying Yen at the moment. I've just put it down to correlations and moved on to other trades. If it's going to get dragged down, you can't do anything about it.

james16 Chart Thread

Have been trading OBs A LOT recently. A real killer in shares and commodities. When switching back to candles you can see the best ones straight away. They stick out like dogs balls! Of course, they work best when coming off ...

james16 Chart Thread

That's pretty much a carbon copy of me. And those small gains add up a hell of a lot faster then you think they might. ... Did someone say compounding?? --- I agree with that too...Nahhhhh... Screw that beyatch!! I'm a Pro!!!!!

james16 Chart Thread

It's a fantastic pin Giraia! NO ONE knows where we will be tommorrow, next week or next month. Not even the big boys. The pros know, that to make money over time, they need to find techniques that give them the upper hand over the course of their ...

james16 Chart Thread

For anyone still having trouble with the temptation to trade 'faster' on the shorter time frames , I have one good tip! Grab a notepad and draw up two columns. Mark one 'Profit', and one 'Loss'. (...believe me, this is worth it. ) ...

james16 Chart Thread

That pair can bite you hard. What's more important, though, is what does 300 pips mean to your account? It's exactly the same as any other pair. If you set your trade so that -300 pips is %1 of your account, then it becomes "just another trade" . ...

james16 Chart Thread

I LOVE the 15m though! Don't worry! ...I trade from the top down. I judge candidates for trades from the higher time frames. Looking at possible targets , known reaction areas and price bar setups etc. I've gotten to know the patterns on the ...

james16 Chart Thread

Changing ISPs If they won't unblock it for you, that's crap. Call them and ask first. Can you use your usual email program? i.e. Outlook, Outlook Express, etc ...if so than it's exactly the same as MetaTrader using it and should work. Maybe your ...

Setting up e-mail alerts

Was in a hurry, but to add to that last post... Pin off of first %38.2 System trade. Off range support. Pair currently in strong downtrend. Targetting 155.40 area for a bit of profit taking. Currently, from how we look now, (bouncing off the deeper ...

james16 Chart Thread

LOL. Speaking of... Already in on EurJpy Short, but... Using this oppurtunity to add to my position. Not a perect pin bar position , as far as the action around it goes, but a strong statement amongst this familiar setup. Even better ...

james16 Chart Thread

History repeats. Everything is unwinding according to plan. LOL The fact that the U.S. is the worlds motor economy still stands. ...Maybe the China effect will sling shot us all out of trouble by late year? You can't beat the fact that ...

The fundamental terrorists must be stopped

I'm not too worried about my WoollyNoodle long going bad. Currently short on 3 other yen pairs anyway. LOL

james16 Chart Thread