I can see that a break of the 115.88-116.20 range could move things and I got a setup that suggest at least a small move up if it does happen (116.50-75 or so, trendlines down from weekly show resistance holding things in anyway around ...

Bagovino Method

I've PM'd pingpong the pertinent information, it's up to him to set up the room and get it running or find people who will I guess. I just wanted to share a really good chat program, as it's usually the fastest way of communicating and answering ...

Bagovino Method

If you want proper live action a chatroom is probably best. There's a Chat program that's free, small, without adware yadda yadda and I've been using it for months now without a problem. (not paltalk crap, don't ever touch that...) You can just ...

Bagovino Method

There was no cross of the 50 line on RSI and so there was no signal. Also 116.15 has proven to be resistance before and was the start of the drop to 115.75 last time which on a second leg down went to 115.56. We could see a bag signal in 45 minutes ...

Bagovino Method

Last two signals for long Yen were short e/j at 150.20 and short usd/jpy at 117.20. I could be mildly off on nippy since things were quite tight when it started to fall. Again, a breakout would have caught that, too. Those were the last trades on ...

Bagovino Method

I think my post wasn't really read properly. Those trades that worked out and caught the actual transitions/moves never needed that big stops. I have picked out 4 examples but there are dozens on all of your charts. Those trades that went more than ...

Bagovino Method

I believe proper setups and good trades don't need stops over 20 pips. I've seen most good trades go less than 8-16 pips against you. Those that supposedly need more breathing room probably cross back and then make a proper signal after that or ...

Bagovino Method

Best reference for pins imho — http://www.forexfactory.com/forexforum/showthread.php?t=6721 Has two great PDFs and pictures included. Also I believe Peter meant to say 4h is more important than HOURLY. Safest pins are from daily or bigger, but ...

Lost in the Tunnel...

About that cable move... — Cable had been caught in a range of 1.9088-1.9030. That range broke down. While in the range it gave two bag signals, the first one bad/fake as posted, the second one better/worked out. I don't believe the second one ...

Bagovino Method

New entry chance just missed/arose — Just wanted to chime in, gold had a second possible pin that just broke (627.5$ was the high of that) to the upside after the old target at 629$ got hit. If the original trade is still on, just adjust stops ...

Daily Trading with ST indicators

Some questions... — Hey Miscon777 Nice job and thanks for putting a lot of work into this and sharing it. I would be very interested in seeing the 10 pip gap results, as I use 10 when playing daily candles for entry. How does the spread ...

Money Management vs. % of Success in Trading Systems

Audusd — Hi vinn234, if you want my take, I don't think 4h or 1h TF are a good guess for price action setups unless you get a really really clear and perfect looking thing or have a lot of other signs helping things along. Also remember, as ...

Lost in the Tunnel...

Hey Wayne! Please look at the chart I posted in my last post. Price had already dropped down 40 pips, was only 34 pips from the tunnel itself(no more fibs between it and the tunnel, we were NOT at an extreme price point so it was not a good setup ...

Bagovino Method

Re: Cable — Took the swing from 1.8828 to 1.9090 for the fib, but you can also draw the smaller swings as well to see where the fibs cluster. 1.9027-32 was 23.6% or .786, both tend to be pivotal just like .618/.382 is. Risky to enter, also ...

Bagovino Method

Private Forum — Hi gorinw12 , I assume you mean the Private Forum here by the James16 group, you can find the webpage to join at http://www.james16group.com/ You can also read users comments and opinions about them on the public James16 forum. ...

Buy-Sell Signal Works 86% of the time....

In my defense — Ok about: "Dejonese and Seekinglight...Very bitter and jaded are you?... // If you knew anything, you'd know backtesting is B.S." First sensible backtesting post goes to raczekfx who's been one of the most active and nice ...

Bagovino Method

my perspective on cable currently... — since raczekfx already mentioned some nice spots which I have, too likely reversal spots higher: 1.9060 area is (along with 1.9040) a classic resistance and a 78.6% as well as 127.2% target 1.9088 ...

Non-Farm Payrolls 1st of SEP

Why I think you were stopped out on that short... — ...we got a pin bar on daily, formed right on the support/last low touch. Support held, Gold made a pin and broke it upwards. It is already heading towards last barrier/move/range zone 630$ ...

Daily Trading with ST indicators

God I miss the Chart factory =( — Here some explanations on my behalf for the moves... IMHO range breakout targets were hit, large fibs/small fibs and s/r levels held prices in as the market had already priced in a lot of things and was ...

Where did the crazy volitility go ? ? ?

This is exactly what I meant with additional rules to keep in mind in the previous post: 40 pips on euro are quite a big move and considering a daily range for euro lately has been 60-90 (or 100), having a 40 pip move and then still trying to get in ...

Bagovino Method