The 4hr is definatley up, so I am going long, until it breaks the TL and uses it as resistance.

Jacko's Forex House of Pleasure and Pain

Pretty quiet this thread, has everyone moved elsewhere?

Jacko's Forex House of Pleasure and Pain

Yeah, Im looking at the bounce of the 76.4 if that can get broken then I think our target will be hit to go long.

Jacko's Forex House of Pleasure and Pain

Thanks moose, I have access to netdania (its very good now with the latest release), but not to trading, not much point seeing a great entry and you cant do anything about it! I have the same set up I have an indicator which is a HLine that you drag ...

Jacko's Forex House of Pleasure and Pain

I also have joined J16 PF and the videos etc are well worth it, but I think there's more to Jackos offering than just calls. Anyway I agree PA is a great addition to any trading system/method.

james16 Chart Thread

Alter, I will be using a trailing stop of 75. Just loosely based on the 14 ATR, I would only change if it it went back up to 100 the levels end of 08 or down to 50 if it continues to drop to levels 2007. I got a trailing stop EA from this thread ...

Jacko's Forex House of Pleasure and Pain

With the EA, yes I would much rather just look at what price is doing at my target entry. I am trying to avoid buying when price is dropping, my mobile contract runs out next month so that looks like the option.

Jacko's Forex House of Pleasure and Pain

I agree 100%, however I work full time and cant be watching the charts all the time. I use MT4 so I have put a limit but order on at 1.3750, if I get taken out then Ill use AH. To solve this problem I have a couple of options, to get a mobile phone ...

Jacko's Forex House of Pleasure and Pain

Careful, the James16 group charges double that a year. Well worth the money I might add.

james16 Chart Thread

I am not doubting you are very successful in the lower timeframe, based on the big guns coming out in support of you then you must be for real. I am just saying from my experience its not easy to do, on forex, I know other markets its much more ...

james16 Chart Thread

Yeah good plan, I know it has been a down trend since Sept 08, but daily trend line was broken and back in April, so I would be looking to go long with the trend. If you want to go counter trend it might go back to 5800. I think the PB is simply a ...

james16 Chart Thread

I would pass trying to call the top of a trend is the ruin of many traders. Go withthe trend, as you say wait for a retrace.

james16 Chart Thread

OK if I went to the casino and bet on the roulette wheel and lost, I would complain, nobody can win this, then I would see a guy winning a few times and think maybe I bet wrong or didn't have a system, it's me thats the problem. I could not control ...

james16 Chart Thread

Thats amazing returns over 120% a year, you will be richer than Bill Gates if you can keep that up, how long have you had those returns if you dont mind me asking?

james16 Chart Thread

Yep I cannot make 1% 20 times a day from the 1 min chart. I doubt anyone here can either, im sure there are maybe one or two in the world who can for a few months, or even a year but they will burn out.

james16 Chart Thread

Ok why not trade the 1 min chart and make 8 trades a day at 1%, in fact the 1 second chart and make 20 trades a day at 1%, 20% a day 100% a week, 400% a month. I've done the math and it looks good!! Surley the maths wouldnt lie!!!!

james16 Chart Thread

My stop go hit, this was a A+ setup but sometimes they just dont work!!! Maybe next year.

james16 Chart Thread

I was assuming we were talking about forex, sorry if that wasnt clear, just with this being forex factory, no offence bundy.

james16 Chart Thread

Good on you, I was too quick to judge, if thats what suits then thats the timeframe you probably could only succeed at. I come from 1 second to daily/4hr. I am more of a laidback trader so it suit me.

james16 Chart Thread

I think there will be a retrace 2-1 to Man U, after it hits resistance at Ferdinand, it will go to Ronanldo who will provide support.

james16 Chart Thread