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Cyrus replied Aug 14, 2009Hi Jarroo, might I ask what timeframes you look at for all these pairs?
james16 Chart Thread
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Cyrus replied Aug 14, 2009Hi Guys, Thanks for your insights. I'm kinda new to this methodology, but not that new to trading actually. If I could add on my 2 pips to Jarroo's comment above, I find that a multi-timeframe approach is always beneficial. If there's a pinbar in ...
james16 Chart Thread
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Cyrus replied Aug 14, 2009Ahh... I see yet more light. Was aiming to enter on limits @ 50% of the pinbar, to create some space. Suppose there's little point doing that if it's not an A grade trade. Thanks again Jarroo =)
james16 Chart Thread
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Cyrus replied Aug 14, 2009How's This Look to You Guys? — What do you guys think of this? Comments please. Kinda new to this, might be missing out on some stuff. I know there's a nice bullish pin in the daily, so I'm betting on a smaller move in 4hr to just 1 PPZ. Not ...
james16 Chart Thread
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Cyrus replied Aug 11, 2009Joel, quick question pse. How do you define "trend"? I had a similar thought about trading pinbars which are in the direction of the trend over the weekend... but was wondering how to define it. My 2 pips was the daily trend for 4 hour charts. I ...
james16 Chart Thread
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Cyrus replied Aug 10, 2009Hi Mike, Thank you for the help, its much appreciated.
I take away that the (1) weekly close and (2) the relative size of the 4hour candle wrt recent candles, as well as (3) the amount of traffic to upside and downside are important for the "big ...james16 Chart Thread
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Cyrus replied Aug 10, 2009Hmmm... many thank you for the comments Mike. Food for thought... Still betting small while figuring out the finer details of this methodology. On Confluence: I thought there was a confluence of the PPZ in pink + wR1.. there's also a 61.8% ...
james16 Chart Thread
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Cyrus replied Aug 10, 2009USDCAD 4hour Pin — This looks like a pretty decent short. Shape looks great. Location too, PPZ + wR1. Space... might encounter some traffic on the way down @ PPZ below... so thinking of taking profits earlier @ bottom range of PPZ around ...
james16 Chart Thread
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Cyrus replied Aug 7, 2009Dollar Strong Against Everything But Swissy?? — Hi Guys, Checking out Swissy 4hour, looks like a decent pinbar formed. Space... probably will run into traffic below. Shape: Looks decent. Location.. 61.8% retracemt + PPZ... would like it to be ...
james16 Chart Thread
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Cyrus replied Aug 6, 2009Hey Joel, Haha, very likely our bookshelves are similar. I find economic history & human nature pretty fascinating. They're inextricably linked. You might like the legendary Dune series by Frank Herbert if you enjoy these 2 topics. Herbert weaves ...
james16 Chart Thread
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Cyrus replied Aug 6, 2009Hi Joel, speaking of human nature, one of the most interesting schools of economics (the one without triple integration and stochastic calculus) is the Austrian School. Von Mises wrote Human Action, which in essence, uses human action to explain ...
james16 Chart Thread
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Cyrus replied Aug 6, 2009hipcio, maybe u should consider switching broker. In essence, what most MT4 brokers do (alot of retail brokers in fact, including investment banks) is that they have an algorithm to filter price action, so that they always make their spread. If your ...
james16 Chart Thread
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Cyrus replied Aug 4, 2009The Place of the Trend in Trading PA? — Thanks Jarroo. This is a reaaalllly long thread, and the PF videos span hours upon hours, so I've yet to quite go through all the material yet. I hope no one's asked this yet. =P Was thinking about ...
james16 Chart Thread
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Cyrus replied Aug 4, 2009supreme, i was thinking along the lines of what james said, "coming to the realization that a certain percentage of those 30 pip moves where i moved my stop to breakeven will shoot off to 200 pips BEFORE stopping me out at breakeven." and not ...
james16 Chart Thread
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Cyrus replied Aug 4, 2009Yes yes, I agree.


Why bother??? It's irrational I've only recently (like less than 1 week) joined the PF, after going through quite abit of this thread, so I'm not THAT sure what the philo for position building is (someone ...james16 Chart Thread
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Cyrus replied Aug 3, 2009We should tatoo this post on our arms until we REALLY internalise what James has said! The "when your yearly salary is worth 200pips" line smacks me in the head flat out! *splut splut*

james16 Chart Thread
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Cyrus replied Aug 3, 2009Oops. Somehow, I didn't get updates on this thread — Sorry, maptoprofit, as titled, FF didn't update me on this. In essence, the ranger projects the date of the turning point +/- 2 to max 3 days of accuracy. IF in Uptrend, Price (price range) ...
Gann Take Profit Levels
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Cyrus replied Aug 3, 2009HMM. Jarroo. That is something for me to give some serious thought to. Appreciate that comment much. This thread has been a God send Jarroo. It's really great to find like minded traders. I'd like to personally shake James' hand in thanks for ...
james16 Chart Thread
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Cyrus replied Aug 3, 2009Jarroo, yeah. I was abit obsessive in finding out "why" the 1hour trade was so... pathetic..despite A+ location and shape.. I arrived at the same conclusion from looking @ 4hour & Daily. 4hour convergence + Daily Pin + General fact that AUDUSD was ...
james16 Chart Thread
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Cyrus replied Aug 2, 2009Thanks Jarroo. Food for thought. Was thinking abt e implications of this trade over the weekend. My train of thought was tt if the 4hour and daily trend generally is up, should T/P fully on 1hour shorts, at first significant PPZ. IE: If counter big ...
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