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ghous replied Jul 25, 2008Hi Bundy, there is no offending matter here you have all the right in the world to disagree, however i would like you to hear my end of thought as well... i think it was a good short on Au because it was basically a breakout trade, a trade that i ...
james16 Chart Thread
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ghous replied Jul 24, 2008here is the link: url the reason i liked it is that i felt this is the only thing lacking in my trading at the moment, a proper set out plan that helps me to make just enough pips without having to jump in every trade that "looks like going ...
james16 Chart Thread
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ghous replied Jul 24, 2008Au short on the cards... — Here is a perfect PA setup for the Au short all the wa down breaking the rising wedge to head for 0.95 as the next major stop... Although i am done for the week it was a great trade to be taken and i would'nt have ...
james16 Chart Thread
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ghous replied Jul 24, 2008Lol! get that chicken out! ever tried a roasted chicken?
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ghous replied Jul 23, 2008do not miss the point that a fall did not result from that first pin bar to the north and the very next candle was another pin bar saying up, and lol now there is one more saying it's going down again, somewhat the case of Nzd/usd with PB's all ...
james16 Chart Thread
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ghous replied Jul 23, 2008Hi, yeah areas of resistance will often turn into sipport when and if the price decided to restest the level. as for yuor second question, yeah for long you need to have your stop just a few pips below the ppz just to be safe if the price tests the ...
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ghous replied Jul 23, 2008try to kick start it off with that inverse head SHS on Gj weekly chart...

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ghous replied Jul 23, 2008you know the fx markets have a very fine mesh filter that they keep to ensure nobody dumb and non-serious tries to mess with them, it will do this by kicking silly ppl's ass that try to hit the buy/sell button on whatever moves 2 pips (qouting ...
james16 Chart Thread
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ghous replied Jul 23, 2008update on the usd/cad long... — closing 60% of the usd/cad long trade at +50 and letting the remainder run...

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ghous replied Jul 23, 2008Hi Fxgrinder i too was facing this kind of a problem a few days back, but i have just abt eliminated it, i followed a strategy that was recommened to me by Mike on this forum only, he gave me the wise advice of using PPZs as my stops as i move along ...
james16 Chart Thread
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ghous replied Jul 22, 2008that pin bar obviously is good and the divergence makes the scenario better than it appears on the chart, i don't know abt what you or other ppl might think or how they interpret it but its a trade of the weekly and todays bearish momentum suggests ...
james16 Chart Thread
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ghous replied Jul 21, 2008WOW! you will need some serious long term traders to comment on that lol! i don't have 3 month charts on mt4 and your chart seems to much zoomed in i can't really analyse it properly unless you can peharps post a zoomed out picture.
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ghous replied Jul 21, 2008ok here is an AUD/JPY short i took yesterday before the close of the daily pin bar... and the AUD/CHF short that i finally was able to take after waiting the entire Monday... Regards, Ghous.
james16 Chart Thread
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ghous replied Jul 21, 2008oh right i might have overlooked that, thanks for the info though

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ghous replied Jul 21, 2008to mbqb11... — Hi Mike! thanks for those lovely examples, may i know why you use te 60 ema, i really get confused in using MA's i am trading without them at the moment but some part of me wants to bring on a few on to mark some s/r levels, but ...
james16 Chart Thread
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ghous replied Jul 21, 2008can't say anything bro i don't use MA's so can;t comment on that but i gues you are right there is some need of some kind of a PA setup to determine direction so far the bulls still seem to dominate the proceedings though...
james16 Chart Thread
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ghous replied Jul 21, 2008this is one major reason why i am sticking to the hgiher tfs as much as possible, we newbies need to stick to basics!
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ghous replied Jul 21, 2008hi there Cliff i think you are missing the entire point here, PA is'nt a system in itself, it's like an indicator, it's like an analysing tool ppl interpret it in diff ways, i did'nt find that statment correct "if i am arong on this then you are ...
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ghous replied Jul 21, 2008Hi Cliff glad to see you again! the trade was entirely off the weekly chart, resulting fro that pin bar i posted a few posts ago...
to peaches, Hello bro/sis, nice to see you around. hope you will learn well from this J16 stuff that is more gold ...james16 Chart Thread