I use Oanda as well. What I do is look for a first good target price. If there isn't one close by, I then just go with an arbitrary number (such as 50 pips profit on a daily bar, 20 pips profit on a 4 hour bar). I then put in another order to open ...

james16 Chart Thread

FXGrinder uses a buffer of 12.5% the length of the Pin bar. I have used this since, and it has worked well for me. It kept me out of all but one of the Pins from August that were counter trend.

james16 Chart Thread

Thank you ghous. The 4 hour is tricky, because the brokers different times creating different bar formations, and obviously you know this. So I didn't have the same set-up on my MT4 broker. So it makes sense to me, thank you My broker rolled back ...

james16 Chart Thread

Ghous, what time frame did you catch these PA set-ups? Just trying to see if I am over looking something.

james16 Chart Thread

Heck, I have had 2 good entries on the EURUSD in the last 3 days alone.

4 Hour Strategy (MACD)

I took the EURUSD TC from 1.2852 (break from short term resistence) to 1.2870. And then half the size trade from 1.2870 to 1.2899. My MT4 broker time moved back one hour over the weekend, which is very helpful for my sleep patterns. Did anyone ...

4 Hour Strategy (MACD)

It is tough for me to trade the 5 min system, being I work a full time job, and then I have to sleep during a good portion of the European session. I wake up to look at the 4 hour bars, and they are just crazy right now. I have another 5 min system ...

4 Hour Strategy (MACD)

I am staying out of the EURUSD TC formation. Strange time of day, pin bar on the daily, and the 8 and 21 are starting to flatten out. I am typing this so that if I was wrong, I keep my greedy pissed off feelings in check for not taking the trade.

4 Hour Strategy (MACD)

I agree PipFox, there are a lot of Pinbars, but I don't like the set-up of any of them, especially as CT trades. I might watch them on the 4H time frame for PA confirmation. The Pin on the Gold looks promising due to the 700 level, but it is at the ...

james16 Chart Thread

This might be a little off subject, and I don't want to do that, but talking about account size. What brokers do you trust with an account size of $250,000? Is Trade Station about the only broker with forex you would trust with an account of this ...

james16 Chart Thread

Ugh, I am still struggling. I am over thinking things. I need to back test and accept the fact there will be loses, A LOT of loses. I keep trying to find reasons not to trade, or scaring myself out of trades, so I don't take good set-ups. Even the ...

4 Hour Strategy (MACD)

Off to a meeting, ugh. Ryan, 2 questions. I know you start trading daily your time around 8 AM EST (normally) on the 5 minute charts. Do you stop before 3 PM EST, or do you look to trade all the way through until you reach your 2% goal? Did you see ...

james16 Chart Thread

Forex007... I cannot speak for Ryan, but I have chatted with him over the last few months regarding trading. A few points... #1) I believe using the 5 minute charts, he mostly limits himself to the EURUSD. He knows this pair the best, and I don't ...

james16 Chart Thread

I 2nd Shreem's post, and also see that was a great set-up (pin bar at the bottom of the bollinger band with RSI divergence), but I was asleep during the trade. I have been watching for a re-entry, but I have not seen anything on the 5 minutes that ...

james16 Chart Thread

Thank you for your help. The bar I am talking about is at the start of the big down move on the chart you shared. It is to the left of the big down arrow you drew. There is a bearish outside bar against the BB. It appears to have occured at about 2 ...

james16 Chart Thread

Ryanmcd, Did you trade only where you have the arrows (during the flat time, all look to be pin bars)? The best trade I see on your chart, is at the start of the large down move there is a bearish outside bar. Would you recommend this trade (bearish ...

james16 Chart Thread

I have followed this thread for a while, but I have not been able to take advantage. Since I work a full time 9 to 6 job, I cannot be awake during the time needed to follow this method (my time would be 1 AM to start). But I want to work with this ...

The DIBS Method... No Free Lunch continues

I just wanted to add the following. With the strong trends, and the uncertainity this week due to Fridays big news, I only put in an order for the EURUSD and USDCHF pins, with 12.5% of the length of the pin above/below the pin respectively. I never ...

james16 Chart Thread

RyanMCD — I love the charts you share, showing how PA works on the very short time frames. I don't have the time to follow the 5 minute charts at this point in my life (due to working full time), but I love seeing how this can work on the ...

james16 Chart Thread

Wow! Amazing, I figured there had to be some way I could cross the pairs, but I was not sure of how to do it. Thank you very much.

james16 Chart Thread