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dmc replied Jan 7, 2010Hey Arya, Yep that is correct the open and close are within the previous bar and i has a big long nose. In my opinion though this wouldnt be the best bar to trade. The bar does look great and that is the first part of learning this material ...
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dmc replied Jan 7, 2010Awesome Dan! Great RN quick hitter if you want to take full profit at first trouble area. Imagin you position sized with stop just behind the round number. $$$. With bars like that you would be golden. I wish I could monitor the 30min but cant ...
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dmc replied Jan 6, 2010My thing is this, there is nothing wrong with this trade if you took it, the result of it proves that. I am sure if I took it I would find a millions things right with the trade and why everyone should have taken it. But my thing was 132 is a Round ...
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dmc replied Jan 6, 2010No worries — No worries. I saw this but passed. I didnt like how it had a weak close, and did not close above 132. Sure this is picky, but I know this helps me manage my trades better and most likely gives them a higher probability of success ...
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dmc replied Jan 5, 2010I dont really have an opinion on this trade other than that it doesn stand out like I would want it to. One tip since you are new though for charting is to right click on your chart and remove the grid, all of thos white lines can be confusin imho. ...
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dmc replied Jan 5, 2010Happy New Year everyone Here is a trade I was contemplating but I doubt I am going take. Recently I have had some good success with gaps and pins at round numbers. I am finally nearing the stage where I will not look at a pin unless it is protected ...
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dmc replied Dec 18, 2009Forex Tester — 2 Things Does anyone know if forex tester have gaps in there data? Does anyone want to try and coordinate buying multiple licenses so we can get it at a cheaper price? Thanks!
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dmc replied Nov 30, 2009Gaps — I know this isnt the best example but here is a gap from yesterday. I am trying to develop a method for playing gaps with scaling in my position. I recently some of those nzd gaps witha full position and couldnt hang on long enough for ...
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dmc replied Nov 4, 2009that upper decki from Hidecki is givvign that yen a push.




Yankees ...27james16 Chart Thread
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dmc replied Oct 28, 2009Eur Aud — Took this 4 hour BUOB. Looks good so far. I will say there was not much confluence onthis trade and I am being very careful with it sinc eit is CT but hopefully this turns into a nice BUOB on the DAily and we keep running. 1. the bar ...
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dmc replied Oct 27, 2009Yea, definitely had my TP at 1.36 because of the traffic between 135-136, wondering now if 135 would have been better.... Ah well I will wait for the next opportunity.
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dmc replied Oct 22, 2009GBP/CAD — This was a trade I was goign to take yesterday but did not becasue my IBFX for some odd reasons lets you chart this pair but not trade it. I kind of feel lucky that I did not. I have been trying to be ultra picky this month. So when ...
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dmc replied Oct 2, 2009Check this position size calculator out. Usually pretty reliable url
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dmc replied Oct 2, 2009Trading Dailys into Friday — Guys I am currently in the GU and GBP CHf/ GU just missed my TP at 1.58 by 1 pip ( :-/) shot back up. I have my stops set to BE because I am definitely not taking a loss on this one. On the GBF CHF I have reduced ...
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dmc replied Sep 28, 2009These are the days that drive me nuts Looking at the GBPCHF & EurGBP they are so tempting beautiful pins with great space. I am just trying to break the habbit of catching the falling knife. I have tried it twice since I started trading in Feb and ...
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dmc replied Sep 24, 2009I am struggling with leaving my order on with this one, 1.09 is a big level off that round number and 365 ema, huge pin, just afraid of traffic.
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dmc replied Sep 23, 2009GBP/CHF — So i toookl this iffy trade agaisnt the trend down and it isnt looking to promising so far. I thinkight the round number and a large engulfing bar would maybe push this baby up. The trade was basically triggered to the pip tho :-(. ...
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dmc replied Sep 22, 2009Thanks guys. Yea I knew it would come down to personal preference like most things lol. I guess the safe bet would be to kill it. Momnetum especially in the intraday seems very important and has been for me in my short trading career. I jus thate ...
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dmc replied Sep 22, 2009Missed Moves - Non triggering pins — This has probably been brought up many times and I may have even asked in a webinar months ago, but I am a little frustrated witht this situation. Yesterday I had 2 pending trades for the GU and UJ 4hr ...
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