Mike, As always- your views are appreciated. I believe you are pointing 6/24 low as the first FTA.. I am with you. Then what is the blue line on your chart ? Is that 2nd FTA (06./29 low)before hitting (if at all) 18.50 ? I am on FXDD.

james16 Chart Thread

BUOB on Silver — Pros: With the trend BUOB on retracement within the trend Broke through Daily PPZ 17.60 Swing Low, though not absolute Bar size is ok in relative to immediate bars Cons: Big bearish bar on 07/01 Not completely surpassed ...

james16 Chart Thread

Good Job on starting with a simple trading plan. so far, I have not attempted to write a written trading plan. If I do I will also add Money mangement/position sizing component.. What is your risk level 2% or 3% or whatever ?

james16 Chart Thread

Jarroo, I apologize for not posing the chart..so many times that leads to confusion. Here is the set-up I am talking about.. I believe you are also talking about the same.

james16 Chart Thread

Jarroo, Is this BUOB not running into weekly PPZ at .8600 ? If that is the case, is it worth taking this PB ?

james16 Chart Thread

Good post about trading continous bars..

james16 Chart Thread

Good post Benji.. and very informative. I like this one.. pure PA action.

james16 Chart Thread

EURGBP Weekly -07-02-2010 — Pros: At Swing low Broke weekly PPZ 8200 (BRN) Pin size is ok at least in relative to preceeding bearish bar From the bigger picture- it does not need fight against big downtrend. Cons: Did not like the close of the ...

My Trading Journey

Good point

james16 Chart Thread

50 EMA or 200 EMA ? 50 EMA is way up on my weekly chart. I don't know but I think BRN's has more weight than EMA's.

james16 Chart Thread

I understand your feeling of not reaching the goal line.. but thats ok.. next time.. there is always next time.. There are quite a few like me who never even dared to participate.

james16 Chart Thread

Thank you. I like the idea of watching PA action on 8200 before comming to a trade. At this time, I would like to go with conventional method rather than entering a trade at the retracement. I would provide more weight to this pin if 8200 holds but ...

james16 Chart Thread

Weekly EURGBP PIN ? — Pros: At Swing low Broke weekly PPZ 8200 (BRN) Pin size is ok at least in relative to preceeding bearish bar From the bigger picture- it does not need fight against big downtrend. Cons: Did not like the close of the pin.. ...

james16 Chart Thread

Jarroo - you are right on divergence. I didn't even check them. The great thing about this is - I don't have to keep SL at the bottom of the bar. I can keep it at previous High/Low or consolidation.. That was a great tip.. I would have never figured ...

james16 Chart Thread

Thank you. it's done now.. Just as you predicted -

james16 Chart Thread

It's done sir. Hit the first FTA. Edit: Trailed on the 2nd position and got stopped out..

james16 Chart Thread

Thank you.. Got it..

james16 Chart Thread

Not really that way.. If I just want to save my posts as a single posts, can I do that without that software ? Currently I am saving at page level to capture the replies to my posts. Yes.. we should be thankful to Cyrus and the guy who let us use ...

james16 Chart Thread

06-25-2010- Weekly -GBPCAD — Discussion about this setup before taking the position is at url Pros: 1. Not at absolute swing low, but at swing low 2. Bar size is good in relative to other bars 3. Engulfed 4 previous bars 4. started off at ...

My Trading Journey