Another A+ setup, not so much in pip value or RR, but A+ in probability url

james16 Chart Thread

Have you got your weekly PPZs set on GBPUSD? Take a look at the daily, and then the H4 You'll come up with a recent A+ setup soon enough

james16 Chart Thread

I suppose, since even the drawing of trend lines can be so subjective, the point regarding the need for confluence to provide greater probability, or at least, greater peace of mind, is validated all the more

james16 Chart Thread

The setups can happen at any time at all. Certainly they can run faster at more volatile times, but this doesn't make them any more valid. Just a little easier on the nerves, perhaps

james16 Chart Thread

True Dan. Now I got it Anyway, that's become one hell of a bar to be trying to short into

james16 Chart Thread

But I drew that TL long ago, and yesterday closed above it

james16 Chart Thread

I don't get it 4X This isn't a trade signal service

james16 Chart Thread

Me too, a little. I thought maybe you were saying the confluence was meant to act as resistance. But we have a nice BO, Pullback and the beginning of continuation. But if you're saying that we have confluence for a move either way, I'm with you for ...

james16 Chart Thread

One thing Dan. Have you jumped on a breakout, or are you waiting for resistance?

james16 Chart Thread

It's just so difficult to accept the power of the € with a weekly like this

james16 Chart Thread

That sure is confluence!!!!! I'm just like a dog with a bone Always loved H&S and Quasimodos

james16 Chart Thread

EURAUD — I'm harping on about this again! The situation would be screaming 'SHORT' at me had price touched the 50% exactly. We have a PB on the H1 which hasn't triggered yet. A PB on the H4 wouldn't be too convincing a bar, but surely the ...

james16 Chart Thread

EURAUD Quasimodo — I once would have jumped on this trade by touch. But if any of you saw the movie, 'Colours' I think it was, with the story of the two bulls on the hill looking down on all the cows, you'll understand why I'll wait patiently ...

james16 Chart Thread

Thanks EasyGoer, not letting losers become winners was what blew my first account. I spotted the problem and addressed it, and it wasn't the cause of my second blown account

Trading psychology - GREED - A trader's malady

A question for everybody: Were your recent losing trades Bad calls managed well? Bad calls managed less than well? Good calls managed less than well? Another question: Was the market to blame for any of them?

Trading psychology - GREED - A trader's malady

Such a flat week 40ish pips so far, and relieved to get them

james16 Chart Thread

Hi Stew I see nothing but a range between 50 and 61.8 of last downmove. No PA on my feed

james16 Chart Thread

Thanks PhanTi' Sl was just under the signal Pin Bar. Yes it wasn't a strong PB, but I believe price respects Big Round Numbers as much as I do Good to see you over on the other thread this morning BTW. That's where my winning streak began! You're ...

Trading psychology - GREED - A trader's malady

Hi folks I said I'd be back with my next trade, so here I am, feeling a little ashamed. I was looking for a sign that price wanted to pay proper respect to 1.35. I got that sign and jumped on the bull. I'm glad that I believed in the trade enough to ...

Trading psychology - GREED - A trader's malady