So you must be in and out of the market many times in a week, seeing that the market has been ranging. Am i right?

4H Box Breakout

Don't mind my asking. Why did you go short? Thanks.

4H Box Breakout

I have just got off too. Spooked by the huge red bar.

The System II (Yes with irony)

Hi Fx it is interesting how the lower border of your bracket is drawn. Shouldn't it pass through the lowest points of the last few congested bars? Yours seem to cut through the tails, if you know what I mean. I ask this because this has bearing on ...

The System II (Yes with irony)

It's amazing how a 'mistake' could lead to such caustic remarks. That guy has already apologised. As far as I can remember, I have not seen any of such animosity from Feb even when some had introduced foreign concepts in his thread. Mind you, some ...

The System II (Yes with irony)

Hi Jarro I had placed my stop below the breaking bar as was your method (is it still your practice?). I took partial profit at the first target, and moved the rest to breakeven but SL was hit at the BE. Given the stall in the past 24 hours, would ...

james16 Chart Thread

He is using the top of the bar that broke the PB.

james16 Chart Thread

roger that.

james16 Chart Thread

Hi Ryan For G/J, it looks like it has difficulty breaking away from the 23.6 fib level. In fact, the daily bar yesterday almost resembled a PB in the opposite direction. Right now it looks like a neutral bar. Are you still biased on long, or is it ...

james16 Chart Thread

Or is it on a down trend? It looks down trend on daily. Besides, it is headed towards MA 365 on H4. ?

james16 Chart Thread

Hi Mike I presume you are talking about the GBP/CHF. Is it not on an uptrend in H4?

james16 Chart Thread

Thanks! Indeed it is clear as day. This truly shows I have much work left to do.

james16 Chart Thread

then your SL must be huge on a daily. am I right?

james16 Chart Thread

Thanks. All valid observations. So ghous, for a PB, you would wait for the PB to break, retrace, then enter?

james16 Chart Thread

Thanks. But even in a range, couldn't that be taken as a PB as prices swing within range?

james16 Chart Thread

GBP/CHF — Hi all I have been having problems with PB entry, and I had asked this question before in this thread. I remember James mentioned that entry with retracement reduces the size of the SL, and I have tried several times with that, even ...

james16 Chart Thread

Appreciate that.

james16 Chart Thread

Hi Jarro There is a PB on H1. Would you consider this as possible exit?

james16 Chart Thread

Hi Mike Thanks for replying. You are one of those I was hoping would answer my question. Just so I understand, you would enter even though the bar was not broken (as some here would consider an unbroken bar as invalid) and enter on retracement. In ...

james16 Chart Thread

entry — Hi all Tiaforex had given a fantastic account of SL. I have a question about entry. Whether it is for PB or double bars, it was mentioned that it is not valid until it is broken. However, James had also mentioned that a retracement of ...

james16 Chart Thread