Hi mate, what was your entry reason for this? Was it the BUOB that closed just above that level? I was going to take this myself but because the BUOB wasn't at a swing low I decided against it in the end.

james16 Chart Thread

Cheers dan!

How do I scroll back on multiple time frames on MT4?

Took a small profit on the above trade I posted yesterday. When price hit FTA I took half profit and moved the other half to b/e and was stopped out. Today I have a sell order for the aud/cad-chart has already been posted by riandouma. I also have a ...

james16 Chart Thread

nzd/cad long — Pinbar today off a very strong horizontal level. Chart attached. I've gone long at the break of the pin. Stop is underneath pin, looking to take quick profit on this one. Pin is also off the 50% fib ret. image Hiten

james16 Chart Thread

Mike, just going back to this chart you posted last week. You highlighted a trouble area where price stalled. would you ever re-enter the trade again once price went past that trouble area? Or is it over once you've taken full profit? Not just ...

james16 Chart Thread

cheers

james16 Chart Thread

Hey Mike, just for educational purposes, suppose you entered this one at the break of the pinbar. How would you personally manage this at the first trouble area you mentioned? Move stops to b/e? take one half off the table?

james16 Chart Thread

Eur/gbp — I also went short at the break of the BEOB on the eur/gbp. Today there are still a couple of hours to go till the close of the day, but it looks like a pin might form (see chart below). Question is: Is it better to cut the trade for ...

james16 Chart Thread

Thanks Mike, that does make sense. I think I'm gonna demo this one.

james16 Chart Thread

Pinbar in traffic or space — Hi, this is a question for Mike. I've watched your pinbar-traffic vs space video a few times, and I have a question relating to the daily pinbar on gbp/usd. I've attached a chart, because I'm not sure if this ...

james16 Chart Thread

ah yeah I remember someone telling me before that the open and close should be within the prior bar. I need to remember that. As for your second point, I see the swing low but then there's a bit of a retracement upwards isn't there? That's how I saw ...

james16 Chart Thread

I have a limit order to go short on the GBP/PLN on the break of the pinbar. I've attached a chart to illustrate why. I can see a lot of confluence here. 1. PA (pinbar) 2. Strong horizontal level that was previous support but now acting as resistance ...

james16 Chart Thread

Mike, on your chart the FTA/purple line is very close to the high of the BUOB. Therefore I'm guessing you're going to be playing this one as a retrace rather than a breakout?

james16 Chart Thread

Agro, that's fair enough, I suppose the chances of it happening are extremely small. I don't intend to use super high leverage anyway. I think I'm going to go with either Oanda or FXpro after doing more research on both.

Oanda's negative balance policy

^personally I will be trading mini lots on a $2000 account so one pip would be $1. I usually have a 40 pip stop loss max, risking no more than 2% of my account on any one trade. I'm just thinking about a worst case scenario. I've never heard of this ...

Oanda's negative balance policy

I've been hearing a lot about brokers acting up when news breaks out. This seems to happen on demo accounts too. I'm with fxpro and on Wednesday when news broke out and the dollar plunged, I was having connection problems. This has not happened ...

Wanted: Broker that supports & allows news trading

Hmmm, thanks. So it looks like the representative I spoke too didn't really have a clue. I also just spoke to an fxpro representative who sent me a link to their terms and conditions and confirmed I can never owe money to the broker. If in the worst ...

Oanda's negative balance policy