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- melmini replied Sep 22, 2008
Wow good trades! Looks like both of these trades made a nice profit already.
- melmini replied Aug 21, 2008
The NZD/USD PB that I posted on your journal last week has turned out good so far! Since its off the weekly chart I am trying to hold on. Still looks good for quit a bit more upwards movement. I know you are looking for longer term trades right now ...
- melmini replied Aug 15, 2008
This makes a lot of sense and I hadn't thought that far into the placement of the PB. It makes sense that you want the nose of the PB to just touch the PPZ and then get rejected and send price back up to form the PB. If the nose goes too far into ...
- melmini replied Aug 15, 2008
Nice PB (IMO) on NZD/USD weekly. My weekly candle closes in 1 hour but I already placed the trade bc it looks really good. Daily has a PB too a couple days ago but it was pretty lame. That PB has broken up so looks good for next week.
- melmini replied Aug 14, 2008
Well, I got stopped out of EUR/USD today. That pair is determined to go down lately. Makes you think maybe this isn't an uptrending pair anymore. I'm still in CHF/JPY. Just thought I would keep you updated since you haven't been keeping me updated. ...
- melmini replied Aug 13, 2008
Where have you been?! No trading phone calls no posts! I am lost! Well, to keep things alive I will let you know that I am still in EUR/USD long and am down right now but still optomistic. Also, just took a long on CHF/JPY. Daily PB off 365 and ...
- melmini replied Aug 6, 2008
I didn't see any comments on this PB yet....Its at a good PPZ and almost hit 150 EMA.
- melmini replied Aug 5, 2008
GPB/JPY looks like you've made some good pips. I would be looking for an out around 212 though. I see MAJOR resistance around there. It already looks like its starting to head south. I'm watching that GBP/USD too. I haven't seen any really ...
- melmini replied Jul 24, 2008
Here is the excel chart Robert made. Its pretty amazing to see the potential profits you can make if you can trade consistantly. Make sure you only type in the RED squares to change the parameters to see how much money you can make!!!!
- melmini replied Jul 24, 2008
AUD/USD — This one didn't close as a PB the close was about 7 pips away from the low of the previous bar. However, I like the position of it. The 4H chart is not really convincing that its ready to reverse yet. The Daily has had 3 very bearish ...
- melmini replied Jul 24, 2008
NZD/USD — This PB definantly looks better than the AUD/USD. The head of the pin only closed about 3 pips inside the previous bar but its still inside so it counts and the position of it is really good.
- melmini replied Jul 23, 2008
You shortted EUR/USD yesterday??? I thought you were only doing longs on that pair right now. Have you given up on that pair going north or did you just see a short term opportunity to make some short?
- melmini replied Jul 10, 2008
Ok I'll do it but just to show you that it just SEEMS like you go negative everytime at first but I don't think you really are. But it could be a fun expirement.
- melmini replied Jul 9, 2008
If you don't place your setups, how am I going to know what to trade??!!
- melmini replied Jul 4, 2008
You would think your student would know how you trade by now. I just don't get it! I am really amazed. I look at some of your trades, for example those on 7/3 and I see huge BEARISH candles and you made pips LONG! Is that some kind of genius trading ...
- melmini replied Jul 2, 2008
Yes a plan is good! I knew that it wouldn't be a huge number of pips bc of that weekly pin but figured it was good for a few. I'm still demoing and practicing trading these pins until I get it right! I appreciate your comments bc when I get some ...
- melmini replied Jul 2, 2008
What about the daily pin on AUD/JPY yesterday? It broke long today so I'm in. Any thoughts?
- melmini replied Jul 2, 2008
I've read the whole thread (well at least I've read all of James16's posts and if you don't have time then at least read all of his). They just say to read it because its hard to give just a simple answer. You have to see the s/r lines that he shows ...
- melmini replied Jul 2, 2008
Yea I think you're right to be nervous about that pin bar. At LEAST wait and see if it breaks down first. I probably will not take it anyways bc a 4h pin bar has to be PERFECT for me to take it and it is counter-trend. But I am just a newbie so take ...
- melmini replied Jul 1, 2008
I bet you were sick this morning to see that the UJ was down so much. I don't think that pin has failed us yet but it would have been nice to wait a little longer to close out that short position for a smaller loss.