Hmm well yes while waiting for a good daily setup you can teach us some about how you trade on a 5min-chart. I at least would love to hear

james16 Chart Thread

Hmm well over the last few month I had a winning-rate of almost 90%, but we're talking about 9 total trades. Well to win a championship, I'd be happy with 20% risk, too. Who cares, you can't win that kind of thing if you don't bet the house. You ...

james16 Chart Thread

Trading The Daily & Profit Goals — Hi there, I've been trading daily charts only the last few months and well what can I say I did make some profit. I had literally no loss, one very small but I'd consider it more like a breakeven-trade ...

james16 Chart Thread

Hey Jim, got a question to that chart and your trade in the USD/CAD. If I got it right you traded it like this: - You went long at a break of the high of the pinbar and set your SL below the pinbar. You had then an inital risk of around 15k. - Trade ...

james16 Chart Thread

Yes, I'm sorry. Sometimes I can't help it. I'm a nice, friendly guy but my language issn't always. But I didn't mean it in a unfriendly way, really...it's just the way my brain ticks...(which is a lame excuse...I admit it)

james16 Chart Thread

I've always kept my mouth shut about this, because I thought I simply don't have to tell anyone about how they should format their posts here. But now since ryan mentioned it I just have to... I'm following along here for a while now and my eyes ...

james16 Chart Thread

Yep, saw that one, too. I sold USD/JPY @ 96.23 this morning and 95.50 is my main profit target...I won't reverse there though and instead let 1/3 of my position on and let the trade play out itself.

No Brainer Trades

Are you aware that this might be the same trade? If the move is $-related then you've doubled your risk on the same trade basically... Marco

No Brainer Trades

Thanks a lot billy. So you usually set a 50 pip stop, looking for 150, or this is at least a good way to play it right? Which pairs is this for, the majors? And do you include USD/CAD and AUD/USD in the majors? If you would have to pick 4 pairs to ...

No Brainer Trades

That's a lot looking at the move you expect in relation...be aware of this, this can eat up substantial profits over the long term. I personally trade those pairs only from bars that have a LOT of potential or weekly charts. Take care, Marco

james16 Chart Thread

Hmm well then you just have pre-defined SL and Target for the position and leave it alone? Maybe you're right that it's better to walk away...on one side I noticed that very often I can at least move my stop to breakeven after a small bounce...which ...

No Brainer Trades

What Spread do you have for this pair? I sometimes see nice possible trades on it but the high spread just scares me off...same for EUR/NZD

james16 Chart Thread

Question to BRV — Hi Billy, thanks a lot for this thread, quick question you might be able to answer. Do you see any good way to trade those levels without sitting in front of your screen when they're touched? That stuff works great for me ...

No Brainer Trades

Hi Josh, I wonder what exit-strategy you're finally using, any new insights what might work better or not so good? Take care, Marco

james16 Chart Thread

Hmm okay then maybe I'm not sure what you mean with "body" of a bar, maybe you mean range between open and close? If so yes you're right! ;-) Marco

james16 Chart Thread

Not on my feed, see the chart I posted.

james16 Chart Thread

Hmm yes Mike that's probably what looked "wrong" to me and why I ended up not trading it. Especially the last downbar was HUGE compared to the pin... Thanks, Marco

james16 Chart Thread

EUR/CAD — I almost took that trade this morning, and I'm happy now I did not...but wouldn't have expected it to fail that hard...I thought 1.65 might be a trouble area, but it really just moved a few pips. Anyone got some good reasons that ...

james16 Chart Thread

Hi there, looking for a data feed where the close is at GMT-2...any ideas? Thanks, Marco

james16 Chart Thread

Hmm yes and now you posted that you had 80% losers in a day. Now you're no longer just confused but also lost money. Dude, let me tell you this. Forex is not a place where everyone can come in and pick up some money like in disneyland or whatever. ...

Jacko's Forex House of Pleasure and Pain