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james16 Chart Thread
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Jul 16, 2009 10:07pm
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Forex Trader
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Quote:
Originally Posted by rustyjeff
2 trades,
1: daily day trade, aka J16 fave.. 
soybeans, false break of consolidation area, giving a daily pin.... straight to the first support. I took full profit there.
2: 1hr trade based on daily pa...
daily gave a ipb (ghous fave) @ ppz & 61 fib retrace.
watched 1hr tf for entry.. 1hr ib.. small stop exit @ 1st support.
2 ways I like trade.. 
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Hey Jeff, Nice trading there!!
Great to see u posting again, i always look up for your posts.
keep them coming if u have the time
regards
Matty
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Jul 21, 2009 10:58am
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Forex Trader
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Nice usdjy racz 1h setup
I don't know if anyone posted this one yet (im a few pages behind, not easy to keep up lately..lol)
Nice little Racz setup on usdjpy 1h, reached the 50/61.8%+PPZ and kaboom!!
Cheers
Matty
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Jul 21, 2009 12:27pm
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Forex Trader
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Quote:
Originally Posted by raczekfx
Sometimes it does..pay 
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What a beauty Mark!!  pity i missed it... and exactly at the 155.00 round number. (Mike's favourite areas  )
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Jul 23, 2009 9:33pm
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Forex Trader
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Quote:
Originally Posted by mbqb11
First beer down! Much needed
You all are the best
Elmer loves you
No 1 beer doesn't get me drunk wise asses
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I love you too Emler!!
You make this place home, ur like moomy and Jim the daddy of this great family!! lol
Matty
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Jul 23, 2009 10:09pm
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Forex Trader
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Quote:
Originally Posted by TiaForex
That is the now the last image in my head as I get ready for bed.
Thanks a bunch Matty 
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LOL, i was waiting to see who was the first one to say something like that..... 
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Jul 24, 2009 1:04pm
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Forex Trader
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Quote:
Originally Posted by Jduester
"The problem, especially in this day and age of shrinking time spans, is that most of us are not blessed with the patience and discipline that we so badly require for successful trading and investing." - Pring on Price Patterns, pgs224-225.
So so true. Happy weekend all. Let's come back refreshed and ready to put this week and it's emotions behind us (as best we can)...
Josh
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nice one josh.
Will post my favorite one in case some of you dont know it:
"Although the cheetah is the fastest animal in the
world and can catch any animal on the plains, it will wait until it is
absolutely sure it can catch its prey. It may hide in the bush for a
week, waiting for just the right moment. It will wait for a baby
antelope, and not just any baby antelope, preferably one that is sick
or lame. Only then, when there is no chance it can lose its prey, does
it attack. That, to me, is the epitome of professional trading".
Mark Weinstein from Market Wizards, Jack D Schwager.
Patience pays off guys, thats the name of the game!
Happy weekend everyone, Hope next week its a more regular one.
Cheers
Matias
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Jul 24, 2009 5:28pm
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Forex Trader
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Quote:
Originally Posted by g_j_hook@yah
its times like this when oanda sucks!!
wots the spreads like on the other platforms right now!!??my mt4 platforms are only demos??
jon
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mmm Jon actually i think Oanda its doing u a favour with those spreads LOL
Why on earth would you want to place a trade at this time on a friday??? at best price will creep going no where and u will have that position over the weekend... i don't see the point even if u have a setup.. wait till monday/sunday, then u will have more info to base your trade on, and the traders coming in for the work week.
Just a thought..
have a good one mate
MAtty
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Aug 4, 2009 10:13am
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Forex Trader
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Ej 1h ppz+50/61.8%+buob
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Aug 4, 2009 10:36am
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Forex Trader
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Quote:
Originally Posted by LasVahGoose
I believe if you want MT4 to expand to take up all 3 monitors you'll have to setup your computer to treat all 3 monitors as one big monitor (not separete monitors 1,2, & 3, but just monitor 1).
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I dont know who was asking about this, but not really, i have 3 monitors and i can expand one Mt4 plataform into the 3 of them having a huge chart or i can re-size them and fit one into each screen. And i have it set like 3 monitors not just 1.
I use a soft named Ultramon (google it).
Cheers
matty
PS: joelcf: i agree, great post. thanks
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Aug 4, 2009 10:57am
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Forex Trader
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Quote:
Originally Posted by 2mas
 Well Done Matty.... now may I ask, how do you manage your exits? In on the 1hr out on the 1hr ,like Mark says, with SL to BE ASAP, or do you try to fit it into a longer TF trade? Cheers
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Hey 2mas..
I dont always use the same exit strategy, it depends on how price its behaving at the moment, sometimes i use 1bar stop if the bars are big bars like in this case, or 2b stop, some times i use the BAT on lower timeframes etc etc.
I like to trail in general, if we are going with the trend, otherwise i may use Tp's for a hit and run counter trend trade.
But i always try to keep it simple.
Sorry but i have not clear answer as per exits on every time.
Matty
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42 Traders Viewing This Thread (18 are members)
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hijackxx, TraderJay101, Bluehills, mbqb11, Cyrus, Invisible, gjworley1952, unlv_tj, supermatt, joelcf, pipmyride, StoragePro, Rocket!, TC East, scarlet, darewood, Ebont74, jpa0827
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