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Mr Trend replied Jul 5, 2011Depends on how experienced you are as a trader. I've backtested systems where I scaled out on profits and I've backtested with all in and all out. They all pretty much came out the same in terms of profitability. So in essence, it's probably better ...
Mr. Trend's PA Setup Extravaganza
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Mr Trend replied Jul 5, 2011I think you're on the right track with this as well, at least if you want to make some shorter timeframe plays. In my experience, I've found that price loves to move back around 50%, so you could always play it that way. If it moved back to a 38.2, ...
keep your thread alive if you are a real trader
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Mr Trend replied Jul 5, 2011Nice thread. I think you're on the right track. However, be careful of those Sunday bars. I've found that you can't really use them as true days because you don't have enough market participation to really create what we call PA. So in this example, ...
keep your thread alive if you are a real trader
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Mr Trend replied Jul 5, 2011I like that short. I missed it and got in a little too early and got knocked out early. But oh well... plenty of other opportunities. I think long term is still up in the air as the charts are showing, but we'll see. I think we're leaning on the ...
KissFan's Trading Journal
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Mr Trend replied Jul 5, 2011Short GBPJPY 129.70 SL 130.90 TP 125.50
Mr. Trend's PA Setup Extravaganza
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Mr Trend replied Jul 5, 2011Out GBPAUD 1.5003 +35 I decided to close this one early... price just could never go anywhere after three bars. Usually at that point, if I don't see a move, I get out and reduce my risk. If it moves afterwards, oh well. I don't like winners turning ...
Mr. Trend's PA Setup Extravaganza
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Mr Trend replied Jul 5, 2011I only take the trade if it breaks the low of that pinbar.
Mr. Trend's PA Setup Extravaganza
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Mr Trend replied Jul 5, 2011Now if we can just make you a Cardinals fan, we'd be all set... bruahahaha!

james16 Chart Thread
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Mr Trend replied Jul 5, 2011My philosophy — I've gotten some PMs lately asking a variety of questions, so I thought I'd post some fun facts about me... heh. 1. I have been trading for eight years. It's been a horrible road to be quite honest, but I'm consistently ...
Mr. Trend's PA Setup Extravaganza
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Mr Trend replied Jul 5, 2011Glad you visited my thread. Yeah, GBPCHF is on a tear... I shorted it today at 3595...
Mr. Trend's PA Setup Extravaganza
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Mr Trend replied Jul 5, 2011Heh... Mike's been around for awhile. Hell, I remember when he was just a little squirt trying to figure out what a pinbar was... Yessiree those were the days... hic!
james16 Chart Thread
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Mr Trend replied Jul 5, 2011Just want to point out that the GBPUSD trade was a mistake because I was basing it off of the Sunday bar. I didn't realize that this demo account uses that... So it would not be a trade that I would've normally put on... (I don't use Sunday bars).
Mr. Trend's PA Setup Extravaganza
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Mr Trend replied Jul 5, 2011Short GBPUSD 1.6041 SL 1.6145 Short GBPCHF 1.3595 SL 1.3710 I'm leaving TP open on both of these because I believe both of these are on a longer term trend downward and I want to see what they do at the next level of support before I just outright ...
Mr. Trend's PA Setup Extravaganza