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Magestic replied Aug 17, 2012Im going to Nesebr for my vocation today, Rust
How is the weather?james16 Chart Thread
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Magestic replied Aug 15, 2012Trendline still respected. Rejected sharply. Very beautiful price action we see while this move down. 3 clear swings already.
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Magestic replied Aug 15, 2012Mike, what do u think about this kind of scenario? Rust, thanks for your explanation

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Magestic replied Aug 15, 2012Mike, will you reconsider your TP level, as it goes hard down? I mean maybe you are going to look if it can be trailed down even lower. Or you don't move your targets after it's being plot?
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Magestic replied Aug 15, 2012Here what Rust's pitka is
. Rounding effect as u say. james16 Chart Thread
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Magestic replied Aug 14, 2012Mike, what your rewiew on AUD/CHF? Do u see a possible reversal signal here if we have good bearish PA protruding below 1.02 area? (BEOB on my chart means gipothetical)
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Magestic replied Aug 10, 2012Hey, Mike. I really admire with your trade and money management style, so I would like to ask you 1 little question. Situation: You enter a trade f.e. with 200 pips SL risking 3% of the account as always. You plan your trade and think "if this ...
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Magestic replied Aug 3, 2012He is pro, mate
. I think of it that way: when u risk certain amount risk% each trade this is not painful. He had huge stop, but he still took 2% of his risk. It was superb setup, in what he believed. I think he could lose not much in it. F.e. I ...james16 Chart Thread
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Magestic replied Jul 31, 2012Okey, thank you, Mike. Very greatful for explanation.I understand now.
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Magestic replied Jul 31, 2012Mike, the story is clear, can u just explain why your stop order is below previous high? Why dont you afraid that price will find trouble in the area of previous highs?
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Magestic replied Jul 30, 2012Hey, Mike. I wonder do u consider a possible break above 0.81 would be a good setup out off consolidation area.
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Magestic replied Jul 28, 2012And I like Mike's method most of all. And especially trading away from patterns in free space. Want to become like him someday
. In this recent excitement of Jarro's method I just wanted to say thanks to Mike. Share smth. new with us on uncomming ...james16 Chart Thread
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Magestic replied Jul 19, 2012Thanks for your comment Rust. I remember u call it pitka, even wanted to use this word in my post
. You were right price was stopped 40 pips lower 1.95. I'm glad i made a decision to get out, but I realy believed it could have a larger move.james16 Chart Thread
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Magestic replied Jul 19, 2012GBP/NZD — Mike. wouldn't you mind i'll ask you to analyze this one. What i saw here were: nice DBHLC witj a strong close below the rising TL, rejection off 150 EMA, RN and also rounding effect of the price. This setup was only lack of a ...
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Magestic replied Jul 13, 2012I also wouldn't be so exited, as we trade right in to the previous res zone that could become support. If we had big DBHLC that close below upper border ot the box, that could be worth trading. Just my view
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Magestic replied Jul 6, 2012GBP/CHF — Think a good spot to watch now. Nice box with nice lvl at 1.51. Maybe well have a rejection maybe a break. Think of it both ways. Waiting for PA
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