Thank you Spookie.. getting it.. developing a picture in the mind with the ball and wall.. -- vs candle bar hitting PPZ..

james16 Chart Thread

Thank you Mike. Makes sense. I understand the potential trade opportunity at multiple bar low/high either in a row or spread out. I still have to understand reason for potenital bias. But Mike, I am ok now. currently my focus is only on pin bars.. ...

james16 Chart Thread

Mike, So, if I understand you correclty, you will apply both buy and sell orders .. in anticipation of burst on either side, is this right ?

james16 Chart Thread

Mike, In this case, you will wait to until the burst happens ? or put a trade in anticiaption of a burst and SL is behind the range.. ?

james16 Chart Thread

Thank you Mike. Got the idea.

james16 Chart Thread

Mike, I didn't get this concept.. sorry. When we apply 2% risk for all the trades, position size is derived from this risk, right ? which means, one never need to (unless some one likes it) move from Micro to mini account. Being in Micro only, I can ...

james16 Chart Thread

FXDD - Live no trades — No trades on FXDD today also !!

Simple H1 GBPUSD EA

Thank you Jarroo !!

james16 Chart Thread

Update to post 17(EURGBP - Weekly - 07-17-2010) — Finally the 2nd trade was stopped out since the trade was trailed by 30 pips after the 2nd position was put to BE.

My Trading Journey

Yes. FTA's are simply PPZ's or previous bar high/low. However, this trade after reaching the first FTA, it retraced and stopped out my 2nd postion on BE. Hence 1st position - win and 2nd one - BE.

james16 Chart Thread

Jim, Thank you for the explanation. I will go one step at a time. First understanding the pattern: When you say "I4+Bs are no different in that sense. The only qualifer is that their range in bar size is smaller then the previous 4 or more bars." ...

james16 Chart Thread

Ditto here..

Simple H1 GBPUSD EA

Yes.

james16 Chart Thread

Out of all 4 possible opportunities on my broker feed, I went with USDCHF. The main reason to go with USDCHF is the strong visible support .. 1.05. The biggest con here is against the order flow. The weakest one among the 4 is USDCAD still the BEOB ...

james16 Chart Thread

Spotted 4 possible opportunities. Here are the links for each pair. EURUSD - Daily: url GBPUSD-Daily: url USDCAD-Weekly : url USDCHF-Daily : url Out of all 4, decided to go with USDCHF- The main reason is the strong visible support .. 1.05. ...

My Trading Journey

Curious Question.. not to enter any position.. So what is the bias here ? Break-out to up or down ? I know that IB's are in-decision bars.. how do you determine now it has potential to go up or down ? Can you please enlighten me ?

james16 Chart Thread

Been demoing for a while.. wanted to go live today. Since I was on FXDD, it didn't took the trade and I didn't want to go manually. However, it is good to know that EA did its job for other brokers.

Simple H1 GBPUSD EA

If you don't mind sharing, which VPS service you are using.. I looking for it.. still not made up my mind.

Simple H1 GBPUSD EA

Me too on FXDD.. waiting !!

Simple H1 GBPUSD EA