GBP_JPY Trade — Hi Six gun, This is what I am seeing on the GJ pair. I am not very confident of this one. Comments from all welcome. Cheers Novice198

james16 Chart Thread

Paralysis by Analysis — Hi SC, Thanks for the explanation. Yes I can see that depending upon the TF a person can be either Long or Short on the Trade. I also agree that that we should follow the KISS formula, however, as a newbie I am watching ...

james16 Chart Thread

Not sure what you maen — Hi Mike, Thanks for your feed back, however, not sure what you mean by above statement. Can you pls elaborate further. Cheers Novice198

james16 Chart Thread

USD CAD — While other are looking for long, I was looking for short. Is there something wrong with my understanding? I was looking at break of TL, pull back and then the confirmatory break, which didn't happen as I would have liked to happen. ...

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News Impact — Mike, I am a bit confused here. My understanding is that High impact news will not have much impact on Daily TF but on H1 TF the impact can be severe. As PB was trading on the H1 TF, therefore, it is an issue to watchout for ...

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GBP JPY — Hi Ghous, The PB seemed to be in a swing High posn. Not much confluence with fibs or PPZ plus too close to traffic. So would be a pass. Though in hind sight it would have been ok to trade. Cheers

james16 Chart Thread

PB entry — Hi Nasir, How do you play your PB entry? Is it the break of PB, or do you wait for retracement or a combination of both. Likewise what is the strategy for BUOB and BEOB entries. Cheers Novice198

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Question answered — Question already answered by Mike. Novice 198

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Tripple Bottom — Mike, In this case we should have entered on the break of the wick of the BUOB and then set targets as per FTA. Cheers Novice 198

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Nice music — Hi nasir, Nice music (Bahut Vadhiya) Cheers, Novice198

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A+ PB — Hi Jarroo, Pls give a call here on the forum if you see the above PB in any currency or futures. Lets make some money (demo or real) doesn't matter. Cheers Novice 198

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GBP CHFTrade — Hi Jonny, I took this trade based on the weekly PB. Closed partially at 1.6640 and balance at 1.6605 for a result of +0.4R. Once again no sweat while the Trade played out even though it was in DD also. Someone said if the loss ...

james16 Chart Thread

Trade Update — This was my 1st attempt at playing the weekly PB and boy I did mess it up, though no harm done. The 1st and 2nd posn were triggered. The Trade was in DD ( over 100 pips at one time) but no sweat as I was risking only 1% and out ...

james16 Chart Thread

Oanda — Hi Rob, As you are already aware the best part about Oanda is it the granularity with which you can position size exactly to your requirement inorder one can trade with bigger SL on higher TF. On the other hand I have been hearing from ...

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Risk Calculator — Hi Basber, Thanks for sharing the nifty calculator. BTW what is the function of the "coefficient" value? Cheers Novice 198

james16 Chart Thread

GBP / USD Weekly Pin bar — Hi Jonny, Looking at GBP USD weekly PB, I see an opportunity there while playing on the Weekly TF. Therefore, can you explain "Cons - No space". My plan to play this PB is as under:- Max risk 1% SL of 370 Pips just ...

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Feedback — Hi Ghous, Thanks for the feedback. I am trying to comprehend as to how could I miss the minor trouble area, where the PA stalled and reversed. I think I need to analyse the Trade setups with an open mind rather than open eyes. Cheers

james16 Chart Thread

Feedback — Hi Jarroo, Thanks for the analysis. I do recollect the analysis by KissFan, which proved to be correct. Keeping the trade open over the weekend was a hypothetical question at this point of time in my trading journey. Oh yes I would ...

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Trade Failed — The Trade Failed with strong upward thrust on Friday. SL at 1.0495 was triggered for a loss of 1.3%. I think Weekly and Monthly pivots may not mean much instead we should use Price flip zones. Went thru the videos of PeterFM and ...

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Multiple TF analysis — Hi Jarroo, Thanks for this eye opener analysis. I had also placed a buy stop order based on weekly and was just checking everyday to see if the same was triggered. Even though I was 'seeing' the daily chart it never ...

james16 Chart Thread