Hey tbb2. I think what others are referencing is not the amount of pips you have at risk, rather the percent of account. What percentage of account does the 50 pips represeent? Is it 1% or 5%? If it is 5 you may need to take a look at your money ...

james16 Chart Thread

Looks like he used a period converter for a 7H TF maybe?

james16 Chart Thread

Here's my perspective on AU at the moment. Monthly chart shows that Oct, Nov, and so far Dec were stopped in their tracks at BRN 9500. I'm pretty much going to have to have a pretty strong close on daily below 9500 to short in that area. On daily ...

james16 Chart Thread

That's an issue I'm currently working through. Now that you're out of the trade. Take a few exit scenarios and track them. And do it with all your trades. I've been meaning to do that as well, just haven't had time. I have time off from work over ...

james16 Chart Thread

I've got the FTA on your post count at BRN 25,000. The bulls are in control and I don't think I'll need a stop loss.

james16 Chart Thread

Thanks a ton jarroo. Helps tremendously as always.

james16 Chart Thread

This is a great post. I'm currently reading Van Tharp, Trade Your Way to Financial Freedom, and he places a lot of (if not most) interest on exits. All you have to do is look at charts and this is everywhere. A strong exit strategy can turn a poor ...

james16 Chart Thread

Hi jarroo. Could you share your stop progression on this trade? I demo'd and got my stop knicked out on the Sunday open by a few pips for a -0.26R. I think I'm getting better at identifying entries, but seem to be having some trouble managing once ...

james16 Chart Thread

Here's how I see the fibs. Main fib is light blue. I think we still have to consider the extremes on the monthly. Secondary of the current swing points is in yellow. From high in July 09 to low in May 10.

james16 Chart Thread

I'll give it a shot...

james16 Chart Thread

I was watching this one too PB. Looks like price plowed through the BRN today. Now we can wait for previous resistance to become support.

james16 Chart Thread

Here's my 2 cents. I think you guys are really all looking at the same major ppz zone but different minor ones within it.. There is a good bit of consolidation around 8500 and this is one of those areas where I don't think you're going to see a well ...

james16 Chart Thread

Hi PB. This is how I see EU. On my daily feed we have a very bearish closing I4B (really 6 or 7) off of a RN with some confluence. I prefer to pull my main fib from the more major swing high, but that's pretty subjective. The bearish look to the IB ...

james16 Chart Thread

That's what I "try" to do. I'm still working on my style and a proper set of rules, but one thing I want to do is stay with the trend as much as I can and trade the pullbacks. I still get trigger happy, but pull the trigger much less frequently. As ...

james16 Chart Thread

Keeping it simple is best. I'm probably going to post way too many charts in a row, but I've been watching EG and that weekly bar form. Sometimes I think it's good just to look at the peaks and troughs on a line chart, identify the trend, and decide ...

james16 Chart Thread

Hi Millions. Sounds like you are off to a great start with a well-defined entry and exit. A couple of things you could do is demo a couple of different exit methods along side your current exit at FTA. I haven't tried it but a lot of folks seem to ...

james16 Chart Thread

Dead on Adi.

james16 Chart Thread

Weekly chart, where is price going?

james16 Chart Thread

Where is price going results....a lot of good answers. Both went to BRNs and stalled, one reversed at the BRN, while the other went on through.

james16 Chart Thread

another daily chart - where is price going?

james16 Chart Thread