Alright GB; What kind of spreads do you get on these exotics?

james16 Chart Thread

Really handy to see Divergence explained here, cheers Mike.

james16 Chart Thread

Watching the GBP USD, price is stalling and tightening. Might be worth keeping an eye on the lower time frames for a strong candle up or down as there is some decent space for price to move into both ways. If it breaks upwards then 1.5300 should be ...

james16 Chart Thread

Really interesting analysis, volume is something i have only slightly delved into but i feel it needed for greater research.

james16 Chart Thread

On my feed it finished as a marginal IB.

james16 Chart Thread

Similar situation on the GBP/CHF.

james16 Chart Thread

Cheers antisystem. .

james16 Chart Thread

Mike, I saw earlier you mentioning that you had posted some information regarding dynamic R/R. Is this contained in a PDF attachment within the thread or elsewhere? I would be very interesting to read. Thanks

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Mate I am halfway through a book called 'Trading in the Zone' by Mark Douglas, it really gets to the core of why successful traders are successful..... essentially, attitude. Douglas does have a tendency to ramble a bit and over complicate things ...

james16 Chart Thread

Fine advice and with regards to the attitude to employ post such a sudden move I agree fully. It is a difficult thing to remain balanced when the market can whip so sharply but the more I trade forex the more i understand the importance of a keeping ...

james16 Chart Thread

Yeah nothing you could have done on this one Kershey, it was a freaky move, some got lucky and some got unlucky on this. Looking across other threads I can see that some people have had their accounts wiped out by these moves so, and this may be of ...

james16 Chart Thread

Any idea what might have caused such a reaction? I was lucky in that i was shorting the AUD/USD at the time and price smashed and ran through my TP, had i been watching I could have taken 3x the profit i actually took. Times like these it seems wise ...

james16 Chart Thread

Kershey try not to get too disheartened, success is not guaranteed and even trades you feel cannot go against you sometimes just do. Might be worth sticking with the daily for a while if you are starting to lose faith in the method.

james16 Chart Thread

Thanks again zamfir, checking out the action you have been involved in each week is going to be a regular thing for me to analyse.

james16 Chart Thread

To be fair that is a lot of pages and for all your experience and knowledge of this complex and daunting Forex world I am sure that you have asked questions without knowing the full story..... curiosity... naivety... just parts of being human. Mike ...

james16 Chart Thread

Hi Donaciello, You are right and I have this pair as one to watch too. Twice previously there have been partial moves down then a small retrace and then bigger moves down (H4).

james16 Chart Thread

Key point this, sometimes it just isn't worth the trade as the amount of profit that needs to be made just to break even is large. Can depends on the time of day though and of course which broker although some exotics in my opinion are really never ...

james16 Chart Thread

Morning guys took this engulfing on the AUD/USD. With the trend so will see how it goes. Its entering traffic and the 61 fib point so fingers crossed it has enough momentum. Hope you all had a green day yesterday.

james16 Chart Thread

12 pips different currently.

EURUSD

Sounds legit.

james16 Chart Thread