DislikedI regret taking all my profit on this one so soon....... I regret it so badly....
I mean I could have at least left 1/3 of the position openIgnored
Keep up the good work
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedI regret taking all my profit on this one so soon....... I regret it so badly....
I mean I could have at least left 1/3 of the position openIgnored
DislikedBenji
Where do you get that flag? telling you how many minutes are left in the bar (top left of your screen)?
ThanksIgnored
DislikedMyself I would prefer a retacement then price action pointing back south vs. fighting a big drop like this. Now that I just said that you can probably count on a 100 pip move north off of this pin.Ignored
DislikedI regret taking all my profit on this one so soon....... I regret it so badly....
I mean I could have at least left 1/3 of the position openIgnored
DislikedAny other day i'm taking it - but not on a Friday after the last 2 days of bear ..Ignored
Disliked2 day pin broke yesterday and into profit today. I have half locked in profit the rest at break-even. Will see how today closes and possibly hold half into next week....Ignored
DislikedNathan,
I am in the exact same boat, half closed for profit, SL to B/E and letting the other half ride.
I continue to be amazed at how simple, but extremely effective the J16 method can be when one just follows the rules. For the first time in my trading life of about 15 years I really feel comfortable and confident in my trading decisions. A critical step up for me was FINALLY implementing and adhering to rules for proper position sizing coupled with the J16 entry/trading guidelines.
I still have a good bit of demoing to do, but so far the...Ignored
DislikedHi Scot,
i was looking at your post and wondered where do you get the pivot points from. can you help?Ignored
Dislikedwow just saw the vouchers from you guys. I saw it by mistake looking at my profile.
thanks, it mean a lot to me, your vote give me the strainght to continue what I have learnt from you guys. I wouldn't belive myself going so far in my trading,all I did was to give all I can to achieve my purpose, to know how to trade.
ps: I was trying back some months ago to give some vochers to some guys from here, but I wasn't able I don't remember why.
thank you guys supreme,benji and nasir
I'll try to help the new trades as...Ignored
DislikedNathan,
I am in the exact same boat, half closed for profit, SL to B/E and letting the other half ride.
I continue to be amazed at how simple, but extremely effective the J16 method can be when one just follows the rules. For the first time in my trading life of about 15 years I really feel comfortable and confident in my trading decisions. A critical step up for me was FINALLY implementing and adhering to rules for proper position sizing coupled with the J16 entry/trading guidelines.
I still have a good bit of demoing to do, but so far the...Ignored
DislikedHi Guys I had an order in after the 2 day pin but when it didnt break yesterday I cancelled and watched to see what would happen. Is there a rule of thumb as to how long you keep your order before cancelling if the break does not occur
Thanks
HaircutIgnored
Dislikedim currently sitting here trying to figure out why i didnt take 1 of these trades on eg or gchf. ??? I really dont know? looking back on it after the fact they were probably good trades to take.
I think of was scared of not enough space...
i think im starting to even get analysis paralysis from even nothing on the charts lol.
dammitIgnored
DislikedHey Haircut
This is generally up to the trader. Some people like me usually cancel the order 90% of the time if the next bar doesn't trigger. It is sort of my measure for momentum. Others will leave it till either their order triggers or the bar is invalidated. Some somewhere in b/w. So really up to you and what you are comfortable with
Enjoy the weekend
MikeIgnored
DislikedHi Guys I am new to this forum and am very interested in what is being said in here and any advice you guys can give.
I have been looking at the weekly chart on the Aud/Usd.
There is now a bearish candle ( i know it hasnt closed yet but I am just after opinions as I am off to bed in a mo )
It has rejected off of the 9400 level. There is divergence with the rsi indicator. If the next candle were to break the low it will break a trend line that has held since march.
The first area of support/traffic is close at 9000 but if it were to go through...Ignored
DislikedHey Scott, I caught that one too ez pz Japaneze. I've also had some success with Dow and Oil at FxPro. Have you noticed any differences going from demo to live in respect to getting fills and stop losses etc? I guess just wondering if you are happy with them? I like the way you can trade the commodities without paying the full commission.Ignored