I had a hunch, thought it might struggle to touch 1.4100. Its early days though to say my entry was perfect, only up 33 pips.

Jacko's Forex House of Pleasure and Pain

Agree 100%. A lot of noise on this thread, too focused on the bars. People playing small pin bars against a massive trend as if the pin bar is magical. Fair enough for newbies, but people repeating the mistakes or ignoring the advice of the seniors ...

james16 Chart Thread

Well they should quit doing research and put all there money on the market if they can predict where price is going.

Jacko's Forex House of Pleasure and Pain

Counter trend though, I dont see a BEOB I see a retrace. Anyway anti hedging will rescue me if it fails. Unless ive picked a top!!

Jacko's Forex House of Pleasure and Pain

Ive got a buy limit on 1.4120, if it drops below 1.4020 then ill try and get in cheaper and raise my fallen soldier when it comes back. Update : Im in now.

Jacko's Forex House of Pleasure and Pain

Yeah got that, thanks.

The System (Irony included)

The daily trend.

Jacko's Forex House of Pleasure and Pain

Because I like buying things cheaper.

Jacko's Forex House of Pleasure and Pain

Please don't trade this with real money, its not proven on back-testing yet.

Catching the morning train

I am waiting for it to drop below 1.4100 then on its way back up Ill buy. Then I in till the summer ends.

Jacko's Forex House of Pleasure and Pain

I think with forex though the open is always at the close of the previous day and it being a doji the close will be at or near open, maybe if it gapped up, I think you might be right, maybe this candle doesn't apply in forex. However the strong ...

james16 Chart Thread

Hi Josh, I think the daily candle is a dragon fly doji which is bearish at swing high, and its hitting a weekly resitance area, are you long or short, or straddle?

james16 Chart Thread

Looks like a good base trade. JPY is winding up for a move?

james16 Chart Thread

No trades for me tonight, need some pull backs to happen soon or im heading down to 5 min chart for some action!!! Joking, I might demo Irony II though looks a good system. Or better print off some 5 min charts and get studying.

james16 Chart Thread

Hi deepsouth, There is a smaller swing within that one, if you draw that first, then if price breaks through pull it to the one you have,

Jacko's Forex House of Pleasure and Pain

[QUOTE=ajantala;2773444] 2. Imagine you slotting your card in the machine and instead of seizing your card for inputting maybe the wrong digits, it deducts money from your account! Well welcome to forex, that is exactly what the market does when you ...

Like an ATM! Think again...

I second all the suggestions so far, and would add fti.

The list of traders to read from

LOL

james16 Chart Thread

Thanks Jim, I imagine there will be lots of barriers in this business, to learn to see them as opportunity is surely one of the keys to getting to the end of the marathon. This place is a safe haven for new traders like me. Kind Regards Mark

james16 Chart Thread

What about all the job losses?, unemployment figures will go up. Dont you think that will impact the dollar!! Think ive heard it all now.

james16 Chart Thread