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Donkey replied Sep 21, 2011Glad to post, hopefully I can explain my logic. I define the boundaries of the current ppz between two Highest Close of Resistance (HCR1 and HCR2 on my chart) between .8925 and .9000. My entry is fairly well above (18 pips) this PPZ. If my entry ...
james16 Chart Thread
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Donkey replied Sep 21, 2011Pin never broke so no chance for long entry at 1.2500 area. 1.2840 looks like it could give a nice bounce. Zooming out is interesting look at this ppz.
james16 Chart Thread
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Donkey replied Sep 21, 2011So here's my chart. Contiuation BUOB, would have preferred a close above 9000, but I am considering 8996 close enough considering the size/close of the bar and the strong confluence in the area. I have 2 entries....the demo retrace to the strong PPZ ...
james16 Chart Thread
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Donkey replied Sep 21, 2011Agreed. I will post a chart later as not at a cpu with my preferred feed, but I will likely be demoing a long retrace entry at .892x with stop at .874x on USDCHF. This area has the type of confluence that I like in retrace entries (ppz with bar ...
james16 Chart Thread
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Donkey replied Sep 20, 2011I did a double take on this pinbar - nice wick, good close, so-so location. Interesting how price reacted almost to the pip of Jaroo's LCS back from March. In the end though this pin looks to me like a pause before going up. I like the pin possibly ...
james16 Chart Thread
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Donkey replied Sep 20, 2011Thanks for feedback...will take advice on colors scheme. Ended up closing out trade manually for small profit after it couldn't catch any momentum. Unfortunately due to work and family, most of my demo will likely be in Asian session. I am going to ...
Sonic R. System
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Donkey replied Sep 16, 2011To go long the s/l will be be below a support area. If price pulls back to the area and gives 15 minute SonicR entry it would go somewhere below either the first low or the higher low of the sonic wave.
Sonic R. System
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Donkey replied Sep 15, 2011The big picture to me says USDCHF is doing exactly what is expected....giving those of us that missed the initial move a chance to get in. I'm looking for pullback to 85xx and then long.
Sonic R. System
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Donkey replied Sep 14, 2011Here's an example....small pin at decent location catches your eye for a minute. The next bar is the strong outside bar. Throw in some confluence and this is may be my favorite setup.
james16 Chart Thread
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Donkey replied Sep 14, 2011I think you are exactly right. Tiny bar vs strength of strong upmove. Is that tiny bar a Sunday bar? I think if it is what I see is is a tiny little pause before moving back up. One thing I've noticed with Small pins is that momentum isn't there ...
james16 Chart Thread
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Donkey replied Sep 14, 2011Haven't seen Dan Gilbert around lately. EurJPY is a bullish looking I4B straddling BRN of 105.00. If it breaks targets are red linish areas at 106.5 and 107.5
james16 Chart Thread
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Donkey replied Sep 14, 2011TP hit to the pip - spread kept this from the full tp. Exited manually this morning after double bottom and breaking of thee HL for +6.4 on 55 pip stop for +0.12R (basically break even). Lesson learned is to position hard TP a few pips away from the ...
Sonic R. System
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Donkey replied Sep 13, 2011Sonic demo trade 13 for me just triggered....AUDCAD short. Criticism welcome.
Sonic R. System
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Donkey replied Sep 10, 2011Ended up closing this out at 1.3643 for a gain of 0.79R. Still looks heavy, but being a Friday I decided to close it out.
james16 Chart Thread
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Donkey replied Sep 9, 2011Management is the toughest part...this one rejected pretty strongly at 1.3700. I've reduced stop to 1.388. (about 75% of my initial risk off the table). This is where my stlye is a little shaky. I'm in the strong ppz and these often reverse here. ...
james16 Chart Thread
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Donkey replied Sep 8, 2011Great trade SG...sorry about waiting a bit to get back to you (work and then happy hour!!!). I've just moved my stop to 1.3950, using 365/150 emas and ppz as cover. I'm anxious to see 3700 fully tested and what happens there to the lcs (hi jarroo) ...
james16 Chart Thread