Hi Sammy, if I was now in profit on Cable I'd have SL at BE. Re EURAUD, I'm in the same boat, and am watching the 1.3685 area for closes. I do hope it moves South soon! Michael

james16 Chart Thread

This I will NEVER FORGET!!!!!!!!!!!!!

james16 Chart Thread

It's a very important distinction though. I wouldn't be still babysitting this short had I waited for the daily close!

james16 Chart Thread

My last try The latter is also a daily close. And I know you specified H4, so I'll shut up now

james16 Chart Thread

Erm The latter is a breakout of consolidation

james16 Chart Thread

Just catching up. Give me a mo

james16 Chart Thread

Sorry, I don't know, but I find it helpful to drag trades from history in the terminal onto the chart. This displays them like an EA would

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Hi DB what do you think of them?

james16 Chart Thread

It just seemed to have the most touches- to the pip. It also helped to make sense of the action in the box on the left

james16 Chart Thread

Nowhere else to put it! And we do differ- by a pip!

james16 Chart Thread

I either copied it off Jarroo's chart, or fine tuned it lately as per pic, or just got lucky when I set it the first time Edit: actually, if I was fine tuning it on the H1 like that I'd set it at 1.3691. So it must be one of the other 2 options

james16 Chart Thread

I suppose I do have a pretty weak H8 PB on my feed. It's sitting right on top of a few highs further to the left though. Makes a nice third high for a valid TL though

james16 Chart Thread

Thanks Jim Yes, but I'd be very afraid of going long until the 1.3750 fib line was proven to support price

james16 Chart Thread

Would like a daily close under 1.3676 though. Sound about right to you?

james16 Chart Thread

Funny. Was just looking at it and thinking the same thing!

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Glad you made a profit Adi But I do think BRNs should be accounted for in trade planning. Just my 0.02 Michael

james16 Chart Thread

Thanks Jim. It seemed like a gamble even as I set the order. It didn't sit right with me. Life is much better (or me) without gambling. I'd rather get a read on the situation before I commit, and this trade has reminded me of that.

james16 Chart Thread

True, Jim, thanks Very good reason to demo a change in approach

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EURAUD — Hi all, I decided to change tactics and get a little more aggressive on a breakout trade. There was lots of space for it to move, so I set a sell stop at 1.3633 Usually I'd wait for a pullback, but I decided to get on this one ...

james16 Chart Thread