A ? for "mbqb11"/Mike... — When trading your breakout strategy on a smaller time frame(4HR charts), **What time of day is this done? Anytime a signal is given or only during higher volume periods like 2am-11am EST or 6pm-12am (For ...

james16 Chart Thread

Hey Pinbar! Thanks for the reply! I banked pips because I entered @ the 38% Ret of the candle, from that entry I always try to close a portion around the next area of support/resistance...usually around the next round number...50's or 00's. Once I ...

james16 Chart Thread

Did anyone notice the Bearish Engulfing Bar on the GBP/CHF Daily chart that closed on 5/16/11? image My reason for taking the trade was: 1.The Bearish Engulfing Bar 2. That "tested" the area of the 38.2 Fibo Ret 3. That also bounced of a round ...

james16 Chart Thread

g_j_hook@ya Thanks!! I'm definitely going to give that a try. Just to confirm, when you say "stronger close", you are referring to a bullish close...right? -Ryan

james16 Chart Thread

I wanted to enter because I thought that is a PB. I ended up doing the trade (in a practice acct, of course) and making 45 pips...but based on your question I think that was luck rather than skill. I really don't know why this is so hard for me to ...

james16 Chart Thread

Can I get some help with my Aud/Cad analysis? — I'm thinking buy @ 1.0252 & close a portion @ 1.0300, bring SL to BE & see what happens. What do you think? image

james16 Chart Thread

Thank you Gentlemen! Your help is much appreciated!!

james16 Chart Thread

I got in @ 1.6353 & was looking to partially close @ 1.6399, bring SL to BE then see what happens...that never happened. How much room do you guys give yourself? Between your intended position & the next level of resistance? I also like to enter ...

james16 Chart Thread

WTF?! — The bullish pin that appeared on the GBP/USD daily: WTF happened with it? It was off of 2 Fib retracement levels & a PPZ & a round number...WTF?! Can someone please tell me why today's bar is bearish up to this point? Thanks! image

james16 Chart Thread

Mmmm...Yummy!! :-) That will satisfy my hunger for a little while. Do you have anything in that kind of format regarding other Price Action candlestick formations? Thank you so very much for that. I cannot convey how valuable a gift you have just ...

james16 Chart Thread

Is this a "Pin bar"? I have read/scanned this post trying to understand this "Price Action" method only to end up in frustration when I try to play a perceived PA candlestick formation. Can someone please give me a simple definition of what these ...

james16 Chart Thread

Can someone please help me to understand the "two consecutive matching lows as a trend continuation breakout"? I am referring to posts 2 & 3 of this thread. What defines the entry? The first bar that closes below the 2 previous lows? Thanks in ...

james16 Chart Thread

Thanks Pinbar!! What I mean is that when looking @ a 4-hour chart, I notice that some pretty big moves seem to begin on a 4-hour chart & I would like to learn which pin bars are good to take a trade on. For instance, if you look @ my earlier post ...

james16 Chart Thread

How do you know when a pin bar is actually a pin bar on a 4-hour chart? Thanks!

james16 Chart Thread

Possible trade opportunity in GBP/CHF... — Let me know what you guys think: Right now it looks like a possible double pin bar in the GBP/CHF on a 4-Hour chart. Of course it looks like that now, but it would have to close like this to make me ...

james16 Chart Thread

I stayed/kept an account open with Forex.com because if you keep more than 10k in an account with them, you get a license to use E-Siganl for free. Don't they (E-Signal) charge like $100+ a month for their stuff? I don't know/care whether they did ...

Forex.com didn't fulfil my order!

TC East, you misunderstand me... I was already involved in the trade. I say they stole because of how they doctored their pricing around my take profit point. That is just plain dishonest thievery!! They also have done this twice which I why I say ...

Forex.com didn't fulfil my order!

By following the market I mean I used E-Signal & their price feed which gets its price from somewhere else as opposed to getting it from Forex.com. They were both in line with each other reading the same until it reached my take profit point. When ...

Forex.com didn't fulfil my order!

Thanks for the info, pipmutt. Talk about a conflict of interest!! That completely makes sense with a market maker...but what about traders who trade through ECN's like MB Trading? I'm thinking about making the move to an ECN...that's why the thirst ...

If we trade "off-exchange", with whom do we "exchange" with?