Nice mate
I am waiting for 0.9 as my first tp the remainder enjoys the fresh esance of a free trade
Regards,
Ghous.
Indicators show the past. Price Action "Indicates" the future.
james16 Chart Thread
- #20,981
- Feb 11, 2009 1:01am Feb 11, 2009 1:01am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
- #20,983
- Feb 11, 2009 1:40am Feb 11, 2009 1:40am
Very nice.
I hold my trigger anyway, but great trade, great following up.
- #20,984
- Feb 11, 2009 1:46am Feb 11, 2009 1:46am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
nice trade, jaroo. I started watching this pair since ur last trade. and when u put on the setup chart yesterday, I nearly break my rule of not trading this pair
I hold my trigger anyway, but great trade, great following up.
Indicators show the past. Price Action "Indicates" the future.
- #20,985
- Feb 11, 2009 2:10am Feb 11, 2009 2:10am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
A classic J16 PA setup. Would not be surprise if we see a James16 chart on this one.
and now eyeing on a short....
first tp is where you see it I'll leaving the rest at breakeven...some bearish stuff would be nice for the daily bar (may end up as a pin bar too)
Regards,
Ghous.
I believe . . .
- #20,986
- Feb 11, 2009 2:11am Feb 11, 2009 2:11am
Hello CVCAMPER,
I'm thinking to open a spread-betting account with GFT UK because of the tax free.
1) Is GFT a good broker (no prices manipulation, NO stop hunting, tight spreads....etc.) ?
2) Is DealBook@360 a friendly plateform (speed of execution, tight spreads, good charting capabilities....) ?
Sorry guys to be off topic,
Happy trading,
Cheers
Angel
I appreciate this is not targeted at me, but some lessons that i learnt from using a spreadbetting firm - IG.
Appreciate also that i have no idea of your account size or trading ability.
I found that spreadbetting firms in the begining might allow you to use small position sizes eg 10p a point but after about a month would revert to 50p.
This for my small account made it impossible to position size correctly and in the end caused me a lot of damage. This was even with a 70% success rate, because my losers just ended up being too big. And as you might have noticed on this thread the best setups tend to be daily/weekly with large stop sizes.
So realistically even though it is tax free in the UK, you are going to need to be maing some proper money before you have to consider the tax implications.
once again pls ignore if your account size permits proper position sizing.
cheers
Simon
- #20,987
- Feb 11, 2009 2:14am Feb 11, 2009 2:14am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Closed my long...
and now eyeing on a short....
first tp is where you see it I'll leaving the rest at breakeven...some bearish stuff would be nice for the daily bar (may end up as a pin bar too)
Regards,
Ghous.
Indicators show the past. Price Action "Indicates" the future.
- #20,988
- Feb 11, 2009 2:16am Feb 11, 2009 2:16am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
what do you think about this possible setup?
Watch for PA...
Regards,
Ghous.
I believe . . .
- #20,990
- Feb 11, 2009 2:19am Feb 11, 2009 2:19am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
Nice looking PB on the 4 hour.
Just had to do it...
Going for it Jarroo??
I believe . . .
- #20,991
- Feb 11, 2009 2:19am Feb 11, 2009 2:19am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
I am usually not onto an opposite trade so soon, but this one was like..."OMG"...
Just had to do it...
Going for it Jarroo??
Indicators show the past. Price Action "Indicates" the future.
- #20,992
- Feb 11, 2009 2:20am Feb 11, 2009 2:20am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
Oh yeah.
I believe . . .
- #20,994
- Edited 2:41am Feb 11, 2009 2:24am | Edited 2:41am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Oh yeah.
Indicators show the past. Price Action "Indicates" the future.
- #20,996
- Feb 11, 2009 2:27am Feb 11, 2009 2:27am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
eur/gbp...same chart, same time frame, but i don't see this pin bar...
Indicators show the past. Price Action "Indicates" the future.
- #20,997
- Feb 11, 2009 2:27am Feb 11, 2009 2:27am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
I'm too slow. Just missed this one.
Atleast you were smart enough to not try and jump onto a bus when it has already left the stop...
Although it has a bad aroma about it, it is truly a great indication of a trader's ability to trade...staying out of a missed trade IMO has got to be a brave yet sensible move that can come only from a good trader
Cheers
Regards,
Ghous.
I believe . . .
- #20,999
- Feb 11, 2009 2:31am Feb 11, 2009 2:31am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
I believe . . .
- #21,000
- Feb 11, 2009 2:32am Feb 11, 2009 2:32am
Does'nt matter buddy
Atleast you were smart enough to not try and jump onto a bus when it has already left the stop...
Although it has a bad aroma about it, it is truly a great indication of a trader's ability to trade...staying out of a missed trade IMO has got to be a brave yet sensible move that can come only from a good trader
Cheers
Regards,
Ghous.
Every time I jumped in price immediately reversed. Every damned time.
"The more I practice, the luckier I get." (Gary Player)