Hi ajantala, Yea I am from Azerbaijan, although I moved to sunny Scotland many years ago! USD/CHF didn't move much today so the position I opened this time last night is still there so I won't open another one. Was able to add one to EUR/USD though. ...

Monthly Trend Trading

Was able to add an extra short position to USD/CHF today, and went long on EUR/USD but that died at BE. USD/CHF: 3 alive, 1 BE, 1 loss Position1: +298pips Position2: +223pips Position3: +110pips EUR/USD: 1 BE

Monthly Trend Trading

Graeme, Seeing as there is no momentum, is the 2nd probe still open or do you close it and wait for a better opportunity? Rustam

Building an equity millipede

Hey guys, been really busy lately so I've not posted much but I've done my best to keep up with the posts(which is sometimes a job in itself!) I only took 4 trades in August, you would think they would be the best 4...but they weren't. I'd like to ...

james16 Chart Thread

Hey Ghous, I didn't take it in the end. I noticed the cluster of bars but for some reason gave them no weight :S. Once you highlighted them on your chart they became very obvious and I decided to leave it because there was so little room to move. ...

james16 Chart Thread

That is an excellent trade ghous! If i could catch a couple of those a month I would be very happy! I was looking at USD/CAD H4 pinbar which has bounced off a PPZ and is at a retracement of a mini uptrend. Theres a downsloping TL above it which ...

james16 Chart Thread

Not spotted any trades in a while but these 2 look ok. GBP/USD: Bullish outside bar(just) at what looks like a retracement in the overall uptrend. Not much in the way of confluence though apart from the 1.57 number. USD/JPY: Last 2 candles combined ...

james16 Chart Thread

I'm not sure if this one has been discussed already (i'm a bit behind with posts) U/J is in a downtrend and has moved back up to retest previous lows at the 61.8% fib and 86.5 RN. Theres a BEOB that formed. The trade looks quite good to me but the ...

james16 Chart Thread

I seem to be noticing more setups than usual lately so i'm probably not being picky enough but this looks worth a shot to me...USD CHF 4H. on 1.04 level which has acted as strong support twice before. FTA about 1.045. Any thoughts?

james16 Chart Thread

Was going to post this EUR/JPY trade when i took it but I was at work . Went straight to the FTA and got rejected...unfortunately I got stopped out at BE (moved when I was up about 30 pips). Jarroo: thanks for the reply, the trade had no ...

james16 Chart Thread

Possible long on CAD/CHF? Previous resistance now possibly acting as support...

james16 Chart Thread

usd/cad — Anyone long USD/CAD? I entered on the break of the 4H PB. it was on a PPZ and 1.03 BRN. FTA is 1.035. It's always easy to comment in hindsight so I thought i'd post it as soon as I took it I know it's not a great setup but is it ...

james16 Chart Thread

I didn't have time to post this when it happened but the trade is now over and i lost Any ideas on what went wrong, or should I have never taken it in the first place? I went short on the break of the pinbar which happened 5 bars back. It was off ...

james16 Chart Thread

Haha, I didn't mean anything by it I'm in the same boat actually, just trying to gain consistency and confidence before I commit money to it. For now risking 7-8 quid is affordable but teaches discipline, which I think is one thing a demo account ...

Trend Trading Chart Thread

Hi Bez, I'm with you ...but I'm looking a little higher at 1.073.

Trend Trading Chart Thread

Hey coolshades, don't know if you watch this pair but EUR/NZD is doing the exact same thing but I think the setup looks tidier because of where the recent lows are, price has just bounced off what used to be resistance...ultimately they are ...

Trend Trading Chart Thread

alej0, that fib isn't right. If you are looking for a short in a downtrend then you would draw your fibs from the most recent swing low to the swing high before it. I personally don't see an area of confluence to give me a low risk entry and i ...

Trend Trading Chart Thread

Well say for example I decide to go long at 1.5, then I'll wait for price to go down another 50 pips to 1.45 before i place my pending order at 1.5. I use that as a sort of confirmation that the retracement is over...it's a little too rigid tho and ...

Trend Trading Chart Thread

Sorry, the level for EUR/AUD was meant to be 1.445, not 1.5. It was reached earlier but price only went past it by about 30 pips before coming back so i didn't take it. I have a pending short order on GBP/CHF at 1.645....hopefully I'm not the only ...

Trend Trading Chart Thread