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Fx7877 replied Nov 28, 2011Hi Mike, Yes, we shld only buy above PB with nose sticking down. What I mean is if this PB has close lower than opening (red PB, but still with nose sticking down), does it matter? Does the colour of the PB matter in your decision making of entering ...
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Fx7877 replied Nov 28, 2011Hey Mike, Thanks for your inputs. Hard to find gd setup lately if one is picky, but I guess that's just the way it is in this biz. One thing: Do u generally prefer to see bullish PB for BUY setups and bearish PB for SELL setups?
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Fx7877 replied Nov 28, 2011Thanks chaos, your views are definitely appreciated
. U r right, the PB are not fully formed as I mentioned it is still forming. Yeah, I feel some of these PB are rather small, but wanted opinions to be sure. Damn its sure hard to find good PB or ...james16 Chart Thread
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Fx7877 replied Nov 27, 2011hi Mike, I see several PB forming on the wkly in my charts. Can u pls give your comments on what you think of the quality of the PB or setup? Thanks!
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Fx7877 replied Nov 23, 2011Thanks Mike. Makes sense since USD was strong across board. Just to clarify, when u said the pattern is so insanely strong, are u referring to Daily or H4 TF? Which part of the pattern made it so Exceptionally strong? Becos I only see a typical ...
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Fx7877 replied Nov 22, 2011Gold TT — Hey Jarroo, I finally did my 1st TT! On demo only
But I think I didn't manage it too well as I let slip too much profits and ended up closing the trade with only small profit. Dotted line is the PPZ - Pin low, HCR and a gap up ...james16 Chart Thread
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Fx7877 replied Nov 22, 2011Hey Mike, Thanks for explaining. No posts of yours goes ignored
Always something to learn out of it, though I know this could be abit more complex. You bought on the break of the BUOB? (as indicated with arrow in this chart). Looking like this ...james16 Chart Thread
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Fx7877 replied Nov 22, 2011Hi Mike Can u share why u decided to trade this on a breakout instead of waiting for the pullback to support after the breakout? Thks
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Fx7877 replied Nov 17, 2011Great! Looking forward to more posts from the seniors like u & Mike to keep learning & learning...
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Fx7877 replied Nov 17, 2011Jarroo, For TT, do u partial profit or trail stop or like Mike, u just close all at target? How far into profit do u adjust SL to B/E? Thanks
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Fx7877 replied Nov 16, 2011Jim, I was referring to the daily chart u posted which didn't seem like it closed below both lines on the Daily. As my data feed is different from yours, I can't tell from my end and only see visual from your chart. I gather from what u said above ...
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Fx7877 replied Nov 16, 2011Jim, Wld u consider the dotted red line to be good place for TT if PBT&CB later?
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Fx7877 replied Nov 16, 2011Jim, With ref to the daily chart where u drawn 2 blue lines at HCR, I see the bar only PBT&CB one of the blue lines only. Is there any reason why you OK this though usually its better to close below both lines if they are nearby as u mentioned in ...
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Fx7877 replied Nov 16, 2011Hi Jim, Where did u set your SL for this TT? I was also watching this pair and have already set buy stop order above the BUOB (marked arrow) in demo becos of the multiple long leg bars at PPZ at 1.5566 area. Can you comment on this setup? Thanks!
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Fx7877 replied Nov 16, 2011Mike, Sorry to hear abt your friend's accident. Hope your friend will stay strong and get well soon.
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Fx7877 replied Nov 15, 2011I mean both the high and the low of the box. Perhaps the high of the box is around 105 BRN and once closed below it,its cleared? I think I have already answered my own question here, lol!
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Fx7877 replied Nov 15, 2011Thanks Mike. I think I got myself abit confused with congestion areas vs FTA ? Becos in this chart, I see alot of traffic in the boxed up area, so I wasn't sure if the BUOB can make it. Btw, can u share your rules why u won't be taking 2nd one? ...
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Fx7877 replied Nov 15, 2011Hey Mike, I was looking at this setup too, looking like H&S as well. However, didn't enter as I thought there was a FTA nearby. I edited the chart you posted to show the area highlighted (on the left) where I thought the FTA wld be. Pls help me ...
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Fx7877 replied Nov 14, 2011Mike, Can u give your critique on 2 possible (past) setups marked with arrow on EURJPY? Both are PB are pretty good PPZ, would you have taken the trades in spite of the congestion zone? This is on H4, but regardless, such patterns may occur on ...
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