Got it! Thanks

james16 Chart Thread

You don't think the spread will ruin this trade?

james16 Chart Thread

Big things happening on the AUD/JPY How would you play it or do you feel the bus has been missed? A plan: Buy at a retrace to the 89 level Place stop under last swing on daily around 87 Take some off at 90.94 2 bar low trail once first target ...

james16 Chart Thread

I use the same criteria. Based my comment on what he must think he is seeing.

james16 Chart Thread

It's a bullish engulfing inside candle your looking at not an outside bar. If you are confused after your analysis it's wise to pass on that trade. If you force it you are more likely to lose in this business. I'm a 4 year old newbie in trading. I ...

james16 Chart Thread

ok 40%

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Based on the system I have had no winners for the last 10 trading days -50%

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I took the short signal after the low of the EU was broken. So it was a loss for me. Had not seen the information in this system about price coming back into the range.

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7 losses in a row...Ouch!!!

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That's great. Can you share results for the past month? If you don't mind. Thanks again.

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-25% for the week.

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Thanks Hugh for this system. I really like what I see.

Quick and Dirty EOD

True

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Yes I would have taken that trade. Wait a minute...no I would not have taken that. I trade with the bias and only 1 trade a day after the London open. What did the market look like prior to that signal?

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-20% so far this week. 0 wins Last week +15%. 2 wins some only got 1 last week.

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It would be rare that the STOCK will still be under 20 when a good buy signal arrives. I like to see the STOCK rebounding from the 20 before entering and yes below 50.

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-5%

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For a good signal in an up bias market Stochastic needed to swing below the 20 level, MACD if green needs to go to dark red then red. Once MACD gose from dark red to red wait for the bar to close. If bar closes with stochastic still below 50 and ...

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Your arrow is after 8:06 6 bars after London open is your signal bar and you STOCH was under 50 at that time right where your MACD turns bright red

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Has to be under 50 not 20

1minute 1 trade