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novice198 replied Jul 8, 2010J16 manager — MktScape, The J16 manager is asking for manual confirmation, which should be unchecked for the EA to close position automatically. Pic attached. Cheers Novice 198 PS Allow DLL should be checked.
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novice198 replied Jul 8, 2010USD CAD BEOB — Can the attached pic of USD CAD BEOB with multiple bar high and Lower close be considered a good trade to be played for short entry. Cheers Novice 198
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novice198 replied Jul 7, 2010AUD trades — Cyrus, The Aussie Trade Balance figures released on Tuesday were 3.1 times higher than the forecasted figures. A positive variation of over 300% strentghened the currency considerably. At that time I was in AJ & AU trdes on short ...
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novice198 replied Jul 6, 2010Slow week — Hey PB, I can understand your predicament. I am also looking at only daily charts for trade entries and am not getting any god set ups, forget about A ++ setups. At this stage I do not want to start making up 12H or 8H TF charts to ...
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novice198 replied Jun 26, 2010USD CHF Daily trade — Waiting for a good PA at the elipse zone on the attached chart. Any comments?? Cheers Novice 198
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novice198 replied Jun 26, 2010Difficult Trade — Jarroo, Very good analysis, but even more difficult to play if one decides to have go at it for the following reason:- Daily PB low 1.4914. If we give a gap of 10 pips to ensure that PB is broken then we should be placing a ...
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novice198 replied Jun 24, 2010Daily Trades — Hi Possmer, Thanks for your response. Now I need to go back and check my charts for these trades. Cheers, Novice 198
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novice198 replied Jun 24, 2010Thanks for the analysis — Jarroo, thanks for the confirmation of my views. Cheers, Novice 198
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novice198 replied Jun 23, 2010J16 method — Hi Possmer, I have also started trading on demo account. However, as I do not find or "see' any good setups in the daily / weekly charts using the J16 method, I succumbed to the pressure of trading some other methods and lost some ...
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novice198 replied Jun 23, 2010Daily PB — Hi Jarroo, Not with standing the fact that the daily PB worked well ( this is in hindsight), isn't the daily PB a B setup at its best due to the size of the PB as compared to the other bars around it. Cheers Novice 198
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novice198 replied Jun 23, 20104H PB — I missed the EUR / CHF 4H PB. I was 3 hrs too late to spot it, I guess have to wait for another opportunity. There is life beyond Trading which cannot be over looked. Cheers Novice 198
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novice198 replied Jun 23, 2010Currency co relation — Hi SC, Is the GDP/CHF pair corelated with GBP/JPY pair. Cheers, Novice 198
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novice198 replied Jun 21, 2010Drawing Fibs or curve fitting — Thanks for the clarification. Cheers, Novice198
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novice198 replied Jun 21, 2010PINBAR — Hi Ghous, Am I correct to say that this is not a Pinbar technically as the O & C of the bar are not within the eye of the bar on the left. Cheers Novice
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novice198 replied Jun 21, 2010Drawing Fibs or curve fitting — Hi Jarroo, I seem to have a problem with Fib confluence. I do not see any Fib confluence in the EU daily chart if the Fibs are drawn from the relevant Swing high and low. However, if I want to "curve fit" then I ...
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novice198 replied Jun 21, 2010IPB — Pardon my Ignorance is IPB = Inside Pin Bar Cheers
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novice198 replied Jun 14, 2010GJ trade — Hi PB, As I was not very confident of the PA setup I did not take it. Usually I will go down to a one TF lower to check whether retrace / retest has taken place and then enter. This may not be the correct method, though it will give ...
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novice198 replied Jun 14, 2010PPZ — Hi SC, I got my answer. I should be more concerned about the latest mkt scenario as compared to old PPZ areas.. cheers
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novice198 replied Jun 14, 2010Got it — Hi Mike, Got the funda now. Ideally, on the break of TL, we should wait for the Pullack and after the retest of the TL which will act as a Resistance/ support now, ideally we should look for a PA set up i.e PB or BEOB/BUOB. However, ...
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