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ephisi replied May 28, 2009its not an indicator. u got it right there on MT4. Just select the fib.....right click.....fib properties. u will see two columns. level and description. To make MT4 show price against fib follow dis example. level=0.236 then type in description as ...
james16 Chart Thread
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ephisi replied May 28, 2009its not an indicator. u got it right there on MT4. Just select the fib.....right click.....fib properties. u will see two columns. level and description. To make MT4 show price against fib follow dis example. level=0.236 then type in description as ...
james16 Chart Thread
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ephisi replied May 28, 2009its not an indicator. u got it right there on MT4. Just select the fib.....right click.....fib properties. u will see two columns. level and description. To make MT4 show price against fib follow dis example. level=0.236 then type in description as ...
james16 Chart Thread
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ephisi replied May 28, 2009sorry for the late reply. was out. What i posted was talking about the GBPUSD pinbar mentioned on the thread yesterday. I was only using another system to say why i wouldnt take the trade yet. The 4hr chart is Auslancos system from forexfactory. I ...
james16 Chart Thread
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ephisi replied May 28, 2009For those who took the GU trade.GU is showing a divergence but Refuses to drop. The macd and qqe are dropping drastically but price is not dropping. This to me means Its simply coming out of overbought conditions gathering steam to blast through ...
james16 Chart Thread
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ephisi replied May 28, 2009Yeah thats the only trade ill be taking for now, till i get a new signal. I trade just GJ.its enuf headache for me. Concerning auslanco, i had a long signal at 146.44 closed it at 149.44. should have stayed in though but a profit is a profit. The ...
james16 Chart Thread
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ephisi replied May 28, 2009hello jaroo, did you see my chart and post? what do u think about d trade.
james16 Chart Thread
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ephisi replied May 28, 2009Next band of confluences are between 156,158,160. ill be watching price action around for exit. i like minimum R:R of 1:1. i dnt exit trades until i see a reason.so i dont have to reenter at a higher price
james16 Chart Thread
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ephisi replied May 28, 2009looks perfect to me, only im an exclusive GJ freak. Decided not to bother about other pairs. Thats jsut my sty;e. Nice setup. Proble though is against the trend. Since GJ is bullish it will drag GU along or atleast stop it from dropping for some ...
james16 Chart Thread
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ephisi replied May 28, 2009Guys, j16, jaroo. My first james 16trade based of my modification of auslancos system. Trade open over 24hrs. was long of 146.44 last week closed at 149.44. Thats the only trade i took last week based strictly of Aus. im lovin it. Trade go to bed or ...
james16 Chart Thread
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ephisi replied May 27, 2009Price action rules. still in this trade i called earlier 2day
james16 Chart Thread
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ephisi replied May 27, 2009Price action rules, entry shld have been on retrace to 151.70. Nice trade playing out nicely.
james16 Chart Thread
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ephisi replied May 27, 2009Nice, its all about patience now. i have learnt to give gj enuf leeway to play around hence stops of 200-300pips. my temperament cant handle day trading lol.
james16 Chart Thread
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ephisi replied May 26, 2009Okay J. The daily candle didnt close where i expected. So no more bearish bias. My 4hr system also didnt signal short. What i see now is a Two bar high(not consecutive), a TBH(consecutive but 5pips apart)on the daily and a BUOVB on the weekly both ...
james16 Chart Thread
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ephisi replied May 26, 2009alright jaroo, ill demo some other pairs. im really loving d daily trading idea. From experience i have realized that daytrading kills. I feel at ease trading dis way. few trades a month.
james16 Chart Thread
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ephisi replied May 26, 2009Nice one supreme. im a J16 toddler. I noticed when i combine such PA at confluences with my 4hr system its very efficient. I have taken the bar as a neutral pin. If todays candle closes anywhere around or below dis levels it will make my bearish ...
james16 Chart Thread
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ephisi replied May 26, 2009Thanks , ill take note. I am very aware we are searching for A++ trades.
james16 Chart Thread
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ephisi replied May 26, 2009Supreme, i would never think of going long at this level. When i said pinbar i meant bearish pinbar. But yeah dis is a neutral bar. i am liking the PA at the top. I was thinking short not long. If todays candle closes like dis. ill take it( the 3 ...
james16 Chart Thread
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ephisi replied May 26, 2009Thanks, if you notices my comment the pattern started with 2 consecutive inside bars at a swing high followed by a break( on 4hr chart). Isnt 151.49 a swing high on 4hr chart. On the daily its not a swing high. I dont trade this though, i was just ...
james16 Chart Thread