Now it's just laughing at me

james16 Chart Thread

Saw this just now on the Alpari feed, Was about to take it but was reluctant to place an order as the spread was termporaily high on my broker while the news was hitting, However it took off and reached it's first target within 8 minutes ...

james16 Chart Thread

Nice setup Ben, Weird how I don't have the divergance though I've never seen such a difference in feeds before (FxSolutions in this case)

james16 Chart Thread

Hi Shanetrader, Of course it's up to you, but many people here would not advocate having a "target" as such, as it often leads to added pressure. For example if you were nearing the end of the month and only half your target had been met, you might ...

james16 Chart Thread

Target met and price reacted strongly to that PPZ clearly seen on the 1 hour chart, so I closed the trade No surprises though. Rule 1 for me is never let anything surprise you Shame the trade had to be closed though as the Daily is setting up nicely ...

james16 Chart Thread

Stop loss to Breakeven, Playing with the house's money now

james16 Chart Thread

GBP/USD long setup a with nice potential 5 Hour chart Pinbar 1.5 BRN Not a HUGE pin but relative to the previous bars it does look quite significant, and is at at a very nice level (just my opinions of course ) Edit: If it dips back below 1.5 I ...

james16 Chart Thread

Haha I just can't do it yet Mike But actually usually I pay very little attention to the calender and a single red news is not enough to scare me out of a trade. But today there was 5 or 6 red events within a couple of hours, and I really ...

james16 Chart Thread

Hi Shanetrader, I use an FxPro demo MT4 account for my daily closes. The bars close at 5pm est as you say. It's completely free url J

james16 Chart Thread

FF calender

james16 Chart Thread

This one looks good for some pips but personally I can't justify trading with the barrage of red folder news coming out today..

james16 Chart Thread

Yeah the Daily actually closed nicely in the end, but there was quite a big retracement at the tail end of the London session so I decided to call it a day, was happy with my small-ish profit Thx again Jim

james16 Chart Thread

Thx Jim, Price had problems passing that area so I closed out for 0.35R

james16 Chart Thread

Good to see you here Benji and thanks for the post. I agree with your comments, The pattern I posted was only defined by a few points, and not "winding up tight" like in your final example. These patterns seem to produce the best breakouts and ...

james16 Chart Thread

Breakout and pullback, or a BEOB at a swing low?

james16 Chart Thread

A close below those highs would be great, I'm wary of this level though, it goes back a long way

james16 Chart Thread

FTA hit, Stop to breakeven

james16 Chart Thread

Watching this one It's not tradable yet in my opinion because the bar is pathetically small after such a stong run down, but actually it does engulf a few prior bars, and the 1.0000 (do round numbers come any bigger? ) There is also divergence of ...

james16 Chart Thread

I will see how the price moves, if there is a nice "hard break" I will probably move my stop to BE when the FTA is reached. If the price just drifts down I might simply take full profit, as the trade is somewhat counter trend, and a bounce could be ...

james16 Chart Thread