- Search Metals Mine
-
alphac replied Aug 6, 2014Chasing your losses is the worst possible thing you can do. I think at some point you're going to have to face the fact that it's just not profitable (like the hundreds of other breakout systems). It can easily be back tested and from what I've seen ...
Open Scalping Strategy
-
alphac replied Aug 5, 2014Whilst the OP's rules for GU in JUNE/JULY show a 41% win rate 7/17, if you were to place the SL at the opposing end of the bar before your trade and still take 1:1 the results switch to: 10/17 winners 59% win rate ie: image
Open Scalping Strategy
-
alphac replied Aug 5, 2014From the 17th July on GU at first looks like it's been very successful. But of the 7 possible trades there were just 3 winners and 4 losers. For JUNE/JULY there was a total of 17 trades with only 7 winners. Looking back at this 'system' it only ...
Open Scalping Strategy
-
alphac replied Jun 26, 2014Neytiri, that's a great area to look for a sell, it just needs some price action to activate the trigger finger.
james16 Chart Thread
-
alphac replied Jun 14, 2014What a difference a feed makes, you have a pinbar, I have a BEOB. image
james16 Chart Thread
-
alphac replied Jun 7, 2014EURCAD Daily - The trendline isn't great, would be nice to get another touch of it and retrace before breaking out through the 1.50. image
james16 Chart Thread
-
alphac replied Jun 6, 2014Firstly, do you want to hang on to this trade over the weekend? If you're not confident anymore close it and wait for a chance to enter again, if there's not PA on a retrace take a break of the OB. Find some material on trade management, a lot of ...
james16 Chart Thread
-
alphac replied Jun 2, 2014EURSEK - Daily. Starting to box up, already clear S & R halfway through the box, strong MACD divergence, I know people who will trade this just on the divergence alone and people who teach it this way, it really should just be added confluence, ...
james16 Chart Thread
-
alphac replied May 28, 2014EURNZD alternative view - daily chart. There is also a S & R zone around 1.6050 through the box. image
james16 Chart Thread
-
alphac replied May 28, 2014USDJPY daily chart, still sideways but there may be opportunities now TL is confirmed resistance. image
james16 Chart Thread
-
alphac replied May 26, 2014Neither of the daily or weekly pinbars actually closed within the body of the previous bars, technically they're not pinbars. The open of the previous bar on the daily would be a first trouble area, which price has now reached and couldn't get past. ...
james16 Chart Thread
-
alphac replied May 15, 2014Hey santa, I know it's early but please bring me this! GBPJPY Daily image
james16 Chart Thread
-
alphac replied May 15, 2014Hi Dan, if I was watching the 4hr alone I would have probably deleted the TL at the point price closed below because to me it invalidated it especially with that large area with no touches, but the Daily TL stayed intact as it formed a pin and price ...
james16 Chart Thread
-
alphac replied May 15, 2014When is an Outside Bar not an Outside Bar? GBPNZD - The first chart is the daily with an upward trend line which is hit multiple times and holds as support (price cannot close below it) - until the last bar, which we'll come to in the second chart ...
james16 Chart Thread