GBPJPY 4hr — Hey Rusty, Looks like a 2 bar pin forming on IBFX feed. Do you think it will retrace more to 137/136 area before bouncing?

james16 Chart Thread

Take Profit Method — I realize exit methods are largely unique to the individual but for me it seems that I'm better equipped to accept a missed longer ride as opposed to seeing 2% turn into a breakeven. I had two BE trades today. One because ...

james16 Chart Thread

I am surprised there wasn't more love for this pinbar. I jumped on it as soon as I woke up this morning. My analysis had it bouncing right off a PPZ. It took it's time but looking good now.

james16 Chart Thread

Hey Josh, Open a FXPRO demo that way you can check out Gold,Silver, Mini Dow charts. It's cool too see that down the road PA can work on these markets as well.

james16 Chart Thread

continuation bars? — I think i saw bars like this mentioned in Larry Williams book, but do any of more experienced guys trade a bar like this as a continuation play?

james16 Chart Thread

Dwildes, Thank you for the advice. You have a good understanding of where I am right now. It's almost like I want it too much, I need to take a step back.

james16 Chart Thread

I am still demoing. I am up and down right now mostly due to over trading. But for me it seems once I decide to take on a trade I should let it ride. The thing I do too much is when a trade is slow to go my way I will close it at BE. Then it later ...

james16 Chart Thread

The feed on IBFX looks nothing like that...why so different?

james16 Chart Thread

Because I get scared out of alot of trades that eventually go exactly where I initially thought they would. Has really hurt the bottom line % wise.

james16 Chart Thread

closing a trade early — It seems that whenever I have second thoughts and close a trade early it always goes on to greatness. I'm so grateful that we get to learn on demo.

james16 Chart Thread

USDCHF BEOB — So looks like a BEOB is forming on the USDCHF daily. Still moving atm.

james16 Chart Thread

Hope it does well for you.

james16 Chart Thread

I looked at that one for a second, I would have liked to see a longer nose so I passed.

james16 Chart Thread

AudCad 4hr — Love it when a trade comes together!

james16 Chart Thread

AUDCAD 4hr — Anyone else in this trade?

james16 Chart Thread

Hey Rubin, I haven't got into the numbers yet but it does seem that 50% partial is not the way to go for me as well. It seems that my trades would have actually made it to 1/1 much more often. If that rate can be 2 to 1 for the losses then even that ...

james16 Chart Thread

Mbqb11, sorry I was actually referring to something mentioned by isufreak. So you like to go to BE and then use your two bar stop most of the time? Yea I need to keep some records to help me decide which way to go, cause my trade selection has been ...

james16 Chart Thread

Exits — Well I take the demo plenty serious, that is not the issue. I suppose I could try a couple months with partial, then try a couple taking total profit. But then when a trade really takes off, I'll be kicking myself. A trade off indeed. ...

james16 Chart Thread

Partial profit vs Total profit — I have been trying to take partial profit and let the rest run for just awhile. It seems I get up a few percent until the inevitable full position loss comes. I have been taking partial profit at the first area ...

james16 Chart Thread

Daresfile, you can use the find members tab on the left and go straight to all the posts by James16, Mbqb11, etc. in order to speed up the learning curve. I do that alot and find it beneficial to reread several times those who I want to emulate.

james16 Chart Thread