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- Kalbar replied Jun 21, 2011
No, you are not alone!! Have not seen much in the markets these last 2 days so its a case of sitting tight and being patient. Capital preservation!
Fail Better
- Kalbar replied Jun 21, 2011
What a nice trade..............if only ll trades were as nice and clearly defined as this!! Well done man and, good on the Wiz for sharing this with us!! kal
Fail Better
- Kalbar replied Jun 21, 2011
Well another day of waiting and being patient................let the market come to us.
james16 Chart Thread
- Kalbar replied Jun 20, 2011
Abs delighted for Rory McIlroy as he is one of the nicest and most modest young men you could find in sport. The only other one that stands comparison is Nadal who is a class act on and off the court too. Comparisons with Woods a bit premature but I ...
james16 Chart Thread
- Kalbar replied Jun 18, 2011
Hope all enjoyed the birthday celebrations! Here is to the next 6 years. Wouldn't mind an equity curve like the one typist posted! By the end of the year will do just fine! A :applause Seriously if I can do that in 5 yrs will be delighted
james16 Chart Thread
- Kalbar replied Jun 17, 2011
James16......a man apart who is, in trading terms(and others too I am sure), right up there with the very best. Hope I am still around with you James in 6 years time! Hail, Hail! Kal
james16 Chart Thread
- Kalbar replied Jun 17, 2011
Just want to chime in an say this wonderful thread is the best thing in the whole of forex learning! Great people, support, encouragement and it does not cost a thin dime....only time. James, Mike, Jarroo, SC.....etc I salute you!!
Kaljames16 Chart Thread
- Kalbar replied Jun 17, 2011
Guys Thanks for the comments and encouragement. What this week has told me is that if you are disciplined, patient and wait for good quality J16 setups to come along then you start to build confidence and some success. A long, long way to go but ...
james16 Chart Thread
- Kalbar replied Jun 17, 2011
Thanks Supremo - its guys like yourself and the other seniors like Jim and Mike etc who are inspiring and motivating me and a whole lot of others. It is a great feeling when you wait for the setups and they work!!
Kaljames16 Chart Thread
- Kalbar replied Jun 17, 2011
Hi Guys Just taken 50 pips at FTA on EU pin for 1.2%. Also took weekly pin on EA earlier in week for 5%. So in total a good week with 2 winners and a 6.2% gain. This is trading micro lots with something at stake and I find I am more disciplined ...
james16 Chart Thread
- Kalbar replied Jun 17, 2011
Hey Jon I thought J16 and the Gang was good but J16 and the Market Breakers gets my vote!! When are they releasing their first track??
loljames16 Chart Thread
- Kalbar replied Jun 17, 2011
Hey guys I think we should all be celebrating anyway as its been a good week for J16ers with a right few good setups so lets all raise a (cyber) glass to .....J16 and the Gang!! - a great name for a band if ever there was one!! Kal
james16 Chart Thread
- Kalbar replied Jun 17, 2011
And a happy and fulfilling weekend to you Sir Supremo!!!
james16 Chart Thread
- Kalbar replied Jun 16, 2011
Hey Glebus I trade 4h and daily and if you keep your risk constant eg 2% then it doesnt matter if you trade daily or 4h as all that changes is your position size. Eg a 50 pip stop on 4h cd be 2 dollars a pip = 100 dollars whereas on daily you cd ...
Trading Made Simple
- Kalbar replied Jun 16, 2011
Nice stuff here wiz and look forward to getting more involved with the thread. Its certainly a different approach but you seem to get good success which is the proof of the pudding! Kal
Fail Better
- Kalbar replied Jun 16, 2011
Guys if trading NU watch out for FTA which is very close - might be best to take quick profits there.
james16 Chart Thread
- Kalbar replied Jun 16, 2011
I see the current price above the 50 fib and above the 1.42 RN so if it closes such a high probability it will achieve FTA around 4270 area. The market will decide so lets see what happens.
james16 Chart Thread
- Kalbar replied Jun 16, 2011
EU Chart — This Pin is supported by the 150ema and is still in the direction of the overall trend although recent countertrend is down. Could achieve FTA but would need tight management.
james16 Chart Thread
- Kalbar replied Jun 16, 2011
Hey Mike Keeping an eye on this one but as you say we must look for a stron g close and confluencing factors. The previous bar is a huge bearish bar so the question is can a relatively smallish pin stop this? Currently above 1.42 so lets first of ...
james16 Chart Thread
- Kalbar replied Jun 16, 2011
Hey Supremo Don't be so modest - you are probably the master trader here but too humble to tell us! Keep up the good work and keep the wise posts coming to keep us juniors in check! (not forgetting the entertainment too)! Kal
james16 Chart Thread