Later on... We've hit the entry price at 1.6027 (Purple Line) Stop was @ 1.6041. ...Stop looks like it's not very close, but that's just the time frame we're on. First profit target I've set up as 1.6007. Only a 23% line. I'm off to the pub. HEH HEH ...

james16 Chart Thread

I was lucky enough to come in at the right time and got lucky. ...And that probably did MORE damage than if I'd lost half. LOL

What drawdown does everyone use?

If you don't aim for 50% draw down, you're not living life to the fullest.

What drawdown does everyone use?

Hmmmm.... Green horizontal lines gone! LOL ...anyway, somewhere around that purple one!!

james16 Chart Thread

MoneyBags' Daily I4B on the EUR/CHF pair... We have a Tripple Bar High with a lower close on the 1 hour. Edit: With a little bit of creative license, this was at the 50% retracement. Waiting for a retracement to enter. (Somewhere around Purple ...

james16 Chart Thread

I'm pretty soft when it comes to IB4s. Have only traded a handful. I've marked out on my own chart what I think will be a valid trade this time DON'T ANYONE DO THIS: This is an experimental DEMO trade for me. Sell Limit order 1.6040 (for a reversal ...

james16 Chart Thread

Whoa... ...man! ...The Eater Bunny scares me! Those genetic scientists thought it would be a good thing crossing a rabbit with a pirahna. I just KNEW it was a disaster waiting to happen.

Fibonacci obscuring reality

Does it now? ... didn't think of that. I think I have an idea! And even the spread is reasonable.

Ranging vs Trending Correlation

Nahh, just continue on here for now. IMO If someone decides it's in the wrong area they'll move it. ,Bundy

Fibonacci obscuring reality

Don't think I have any of that "Go" left. : I'm knackered. Time for bed... Too busy tomorrow to trade too. ....damn XMAS break-up BBQ. Beers, BBQ, Sun.... hmmmm.... ....actually, that's a good thing! Heh heh heh ...Best ...

james16 Chart Thread

Mate, I've been in for hours! ....Since around 01:00 GMT! lol Shorted that lot at 232.64. (Pin on the 15 Min) Just shorted the 150EMA on the 15Min and grabbed and locked another 20 odd pips! ...whew...That was greed there. I think. I didn't really ...

james16 Chart Thread

That cough I had?? ...man that was the most persistant one I've ever had. What'd I do? ....LOL... waited it out. ....bloody thing. Tried a few different mixtures. ....constant sucking on caugh drops / butter menthols was all I could do. Sticking ...

james16 Chart Thread

GBP/JPY Chart - 15 Min Pretty choppy on the 15-min (chart shown). Typical of a thin market (Xmas parties ). I had a limit order to sell at 232.94. Missed by 2 pips! LOL Waiting to see how the the 4 hour bar closes out at London open. May get ...

james16 Chart Thread

GBP/JPY 15 Min chart. We've topped out at the same level 3 times now.... a confluence of the daily pivot and the 38.2% retracement area. I've entered on the close of that marked pin. 1 Lot for now. I'll see how the 1 hour and 4 hour ...

james16 Chart Thread

As MoneyBags pointed out, there is a Pin on the daily chart for GBP/JPY. Here's the chart with a few of my observations... The pair's been happy to make the 61.8 Fib expansion (of the yellow A-B-C move) and the daily pin looks to set us up for a ...

james16 Chart Thread

Out of trade. Don't like it. I'll see what happens later.

james16 Chart Thread

Onya Habeeb! Spoil it for me!! That case for bearishness looks good too. LOL Looking to take half profit at 61.8%/ Main Pivot area...

james16 Chart Thread

In regards to pivots again and my posted screen shots. It's best to not have all that information sitting on the screen at once. It can casue you to freeze and not take trades just because you think there is a possible wall in your way. You can ...

james16 Chart Thread

LOL... Yeah, I've noticed. Always get's me a belly laugh. Check out the confluence now. For those watching Cable.... It's reacting to the trendline, as Habeeb pointed out. (Thick black line) The main daily pivot is there.( Dark grey square-ish ...

james16 Chart Thread

Tesla, By the way, thanks. Saved me from worrying about mine for the minute. Haven't touched my code for a long time, except for the occasional hack to try ideas. ,Bundy

New Time-Adjustable Daily Pivots Indicator for MT4