that is also a weekly PPZ that gos WAY back in time. If we get a good daily i4b I may consider it.

james16 Chart Thread

the result of a lot of chart time? Perhaps.... PA bars are only 10% of this method. TRADE AWAY FROM PPZ's, NOT INTO THEM! AUDUSD i4b trade.

james16 Chart Thread

My sell order hasn't even been hit yet. I placed it below that strong ppz just in case @ 0.8880 we'll see if price can pierce down hard enough to me!

james16 Chart Thread

lol, no I miss a lot of very good I4B's because I don't place the damn order on the other side. so I just sit there with a sell order that never triggers, and price shoots up, or vice-versa.... I just place a bracket now

james16 Chart Thread

gold broke out it's old record high. that thing may just shoot up again like it did when it broke out over 1,000. I will be looking to experiment on this commodity with huge trailing stops when it makes it's first dip above it's old record high...

james16 Chart Thread

here is my entry method for the daily I4B on AUDUSD that is straddling the 0.9000 vbrn 2% risk I set a large buffer on the southbound break because otherwise I'd be selling right into a PPZ. management: long: 25 to B/E, 85 to half profit take. full ...

Dan's Self-Honesty Journal

I only trade the ones at good location, in other words, AU.... also, south-bound hits traffic FAST, and I have placed a very big buffer on my sell order to protect myself from getting insta-reversed out of the trade. This is not a robotic, ...

james16 Chart Thread

loser trade. -0.95%

Dan's Self-Honesty Journal

I've had wind taken out of my sails in the past, I don't want that to happen to me anymore. Just keep learning

james16 Chart Thread

Oh I understand this, believe me. But Mike you know better than me that a lot of what you know now is just pure instinct. You had to keep practicing in order to know what you know. You have taught me things that have improved my trading a LOT, and ...

james16 Chart Thread

People who are so afraid of having a losing trade will fail as traders. You can't possibly have a 100% win rate, and if you cannot handle a losing trade to the point that you over-analyze every losing trade that you take, you will ultimately fail. ...

james16 Chart Thread

I have about a 10% accuracy rate of predicting which side price will break out on i4b's just sayin'

james16 Chart Thread

tell everyone to stop trading AU until after NY close

james16 Chart Thread

I don't know about the rest of y'all but I'm very hopeful that the AUDUSD daily bar closes the way it looks right now

james16 Chart Thread

this volatility is pretty wild. Looks like the EU intervention has all the speculators convinced....

james16 Chart Thread

current live pending: I'm buying right as the gap closes from last weeks close. I expect a bounce 1% risk, 100 pips to B/E, full profit take in terminal I'm basing this decision to go long on the intervention currently taking place on the EURO.

Dan's Self-Honesty Journal

I'm seeing a nice rally on the euro, at least for a while. i would like to get long this week....

james16 Chart Thread

ok guys, keep your eyes open!!!!! make sure you know WTF is going on in the world, and use PA to confirm your trades. EURO INTERVENTION: url .

james16 Chart Thread

You mean like a line alert?

james16 Chart Thread

as far as I'm concerned, IPB's aren't to be played beyond the tip of the pin. Full profit take @ end of pin=success.

james16 Chart Thread