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Adilius07 replied Aug 26, 2010No, just open 4HR GBPCHF - the previous bar is bear PB. I thought to get out of my long position then it formed. But I don't have it in my rules. So I just meant maybe it is also helpful to monitor 4HR not just 1HR, because in this particular case ...
james16 Chart Thread
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Adilius07 replied Aug 26, 2010Do you monitor 4hr too? I think it was best seen there. What a PB. Is just I don't have it in my rules yet, and I don't know if I wanna go this way. So I just ignored that PB against me and remained at BE... but sure is it was strong 4HR PB....
james16 Chart Thread
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Adilius07 replied Aug 26, 2010I was just going to say why don't post some charts for us to enjoy....

james16 Chart Thread
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Adilius07 replied Aug 26, 2010Yes I might do the same. Just go for smal but "sure" profits

james16 Chart Thread
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Adilius07 replied Aug 26, 2010LOL, I agree. But psychologically first one is easier to handle for a newbie like me I think! It is just scary to imagine what if I have series of small profits+be (second case) waiting for that big swing and when it finally happens I was just ...
james16 Chart Thread
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Adilius07 replied Aug 26, 2010"i feel that taking it all at the first target could reward more since most of my trades get stopped out with only half the position closed out for profit. maybe i need to refine that %." This is exactly what I feel now

james16 Chart Thread
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Adilius07 replied Aug 26, 2010Yes, Bullocks, I started with the idea of free trade. Taking profit (1/2) at first FTA and setting my SL to BE. That showed me that my % of winners would be very high but I would still loose in the long run. Just thinking that I risk 2% always to ...
james16 Chart Thread
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Adilius07 replied Aug 26, 2010Stopped @BE on this GBPCHF Daily PB trade....

EDIT: If I only had my stop behind LEFT eye and calculated my posiztion size accrodingly and took the profit at FTA on a full position.... this trade would've been a killer.. Oh... ehh.. still ...james16 Chart Thread
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Adilius07 replied Aug 26, 2010Yes, like you said before it is very very strict process you have. Thank you very much, I will try to see how this will work for me. Maybe I will take macd div off. Thanks!!!
james16 Chart Thread
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Adilius07 replied Aug 26, 2010Thanks Jarroo!!! I don't know I just began to understand but just a little yet

james16 Chart Thread
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Adilius07 replied Aug 26, 2010Yes, if that BEOB would have close below that first level you marked, would have been perfect. That's what I need to learn to see and be more picky. My SL is just above this BEOB yes. On friday I will move it behind the current bar. Trying to follow ...
james16 Chart Thread
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Adilius07 replied Aug 26, 2010Yes, AT&T. I remember reading that post by James yes. I think I try to do just as he says. When a Price reaches my FTA I would be quick to jump to BE. I think there was a room to move to that area below.... The thing with this T trade is is just ...
james16 Chart Thread
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Adilius07 replied Aug 25, 2010on my demo the spread on GBPCHF has jumped from 6 to 13 pips, almost instantly...wow now its 20!
james16 Chart Thread
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Adilius07 replied Aug 25, 2010yeah there are again 3 possible PB's forming. CADCHF, GBPCHF, AUDCHF. Waiting to see how they close. I also like GBPCHF - looks like it has some space, good location, room to move, but the size is not perfect....
james16 Chart Thread
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Adilius07 replied Aug 25, 2010No, c'mon your wife or your friend could open an account and miracliously execute just perfect J16 trades

james16 Chart Thread
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Adilius07 replied Aug 25, 2010Bollocks, I have read this post by you just now url This is truely amazing!!! I just don't have any words, just wow!!!
james16 Chart Thread
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Adilius07 replied Aug 25, 2010Yes I remember reading it
I was thinking I will just put this idea aside. I really have other things to worry about (like picking only strong setups). For now will stick to 2%. I made that questions is just to see if maybe there would be some ...james16 Chart Thread