Natural gas Trade setup — Hi Guys, Attached is nice trade setup ( at least higher probability setup) Pros ;- Big PB, at Pull Back, rejecting 2.9 and Resistance, good Divergence Cons ;- Cannot close partially therefore will have to watch the ...

james16 Chart Thread

Pls clarify what you mean by shoot low? cheers novice198

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GBPAUD — Hi Guys, Watching the GBPAUD PA at 1.5500 level. I hope to see a rebound from here to the long. Comments welcome. I know it is a cross and not welcome by all. Cheers Novice198

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AUDDKK — Hi Guys, What do you think of this setup. It has taken over 3 months to come back to this level. On the daily and 4H it is retesting the resistance now turned into support and has bounced of the level. Your comments are welcome. ...

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EURAUD — Hi Guys, Am I correct in spotting a 4H SFP on the EURAUD (1.2836). Cheers novice198

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Free Webinar — Hi Pipon, how can I join Tom's webinar? cheers novice198

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Clarification reqd. — Hi Guys, Last Monday (I am residing in GMT+8hrs ime zone area) I opened a Long trade on AUDCHF pair on Oanda and was shocked to see the spread of 16.5 pips. It was about 30 mins after the market opened. Under normal ...

james16 Chart Thread

Hi Jaroo, Thanks for the explantion from your perspective. My perspective is that once a trade has completed we can always rationalise / justify as we want it depending upon the result. (the human brain is wonderful at rationalising actions of the ...

james16 Chart Thread

Hi Mike, Yes I agree with your method of reducing the position size for such trades. Ofcourse, this does not translate into a small risk and people should be aware of same. Cheers novice

james16 Chart Thread

Hi Fascist, we should study when to enter on a retrace and when it should be on the break of PB. In this case an entry at break of PB would have been better, as the PB was formed after a strong bullish move over the last couple of days. To reduce ...

james16 Chart Thread

Hi James, I am definitely confused. I see the pair moving up in the channel. PA is in the middle of the channel. No price action. PA could have moved up or down and it moved down. As regards small stops not sure how it helps. If we are position ...

james16 Chart Thread

Hi Green, Did you actually enter the long trade. Requires a lot of guts to go long against the recent down push. Cheers Novice198

james16 Chart Thread

Crude Oil — 4HTf Chart for Crude oil. USD90 per bbl seems to be a resistance. Nice pressure building up. Price can go either way and hopefully take me along with it. Cheers Novice198

james16 Chart Thread

I seem to be stuck in a time capsule. I would have taken this setup six months ago and still took it this time around. Have to break my through this time capsule. Cheers novice

james16 Chart Thread

Got burnt on this one, as was too focused on the inverted H & S pattern and the rejection of 1.27. Cheers novice

james16 Chart Thread

Hi Mike, Thanks for the clarification. It sure does reduce the risk as weel as the upside. But as they say in this game, "Manage the downside, the upside will take care of itself". On another note, when I see many opportunities on the same day, I ...

james16 Chart Thread

Hi Mike, A question on position size. Is your position size 2 % based on the entry level and the opposite end of the PB. So once the trade is triggered you will move the SL at the relevant place as discussed. Here onwards, if the trade turns against ...

james16 Chart Thread

Hi aserbfx, noted that you risk only 1% of your capital, therefore, what was your entry and original SL as this will decide the no of shares to be traded. Are you trading the shares or trading CFD? In my opinion, if the no of shares is not enough ...

Stock picks and worldwide trading opportunities by aserbfx

Hi Aserbfx, Good to have a separate thread for the stocks. How do u trade these setups, in terms of money mgmnt, SL etc. Also this one gapped on last friday by about USD8 Presently, I am watching APAGF for a breakout as it is close to all time high ...

Stock picks and worldwide trading opportunities by aserbfx

Trade Analysis EJ and EU for the last 30days — Hi Phillip, I have printed out the chart for the last 30 days for the EJ and EU and analyzed same for Trading purpose. While it is easier to analyse in hindsight, I have given my reasons why I ...

4 Hour Strategy (MACD)