james16 Chart Thread
I do, but only micro account, because I am still learning... But from my past experience in stocks I don't like paper trading because the lack of emotions...
So this is a cheap way to learn IMHO...
I entered EURAUD and GBPCHF pins last night and now moved my SL to +3... I like free trades
Thank you Jaroo, Ghous, g_j_hook@yah and others for teaching me (even you don't know it coz I don't post that much)
hi there, i feel that if price is gonna stall its gonna do it now?? lets wait n see if it breaks 1.77??
jon
...
2 Doji's side by side now...(after a decent up move of 4 good sized bullish bars there presence is screaming)
Momentum building?
I always look at these cuties as compressed springs.
Price really has been squashed between a tiny range, the longer it stays like this the greater will be the "burst out"
Regards,
Ghous.
4h BEOB:
Divergence since...almost...forever. lol!
ppz at 1155 region and a beob low that breached it. An entry would automatically require a break of this ppz. (enables a tighter stop.)
Clear target of 1145.
Ghous.
Originally Posted by supremeChaos http://www.forexfactory.com/images/buttons/viewpost.gif
egkid,
it's better if u put your reasons for taking those trades
& u should also put a cautionary note like "do not try this, kids" & "plan your trade, trade your plan".
For example:U/Cad
1-Bearish Bat on daily chart Max top suppose to be 1.1785
2-Oil 58$ Critical area "as bloomberg says:
Pennsylvania-based consultant Schork Group Inc. “If the bulls are going to put up a defense, this is where it will occur. If they fail, the path toward a $40-handle will be wide open.”
3-My Daily chart indicator show sell.
4- EW in my count EW5 to down should start here
Thanks and sorry again
All the trade i open that day on profits demo and real
Nobody answer my reply don't know why but here it's the result ,Got it u/cad 150+
Maybe I'll wait for a pull back and price pattern signal and hop in on the UC with you!
Just an update to the EUR/AUD Daily trade. I moved my SL to BE as planned at 1.7770 (white line). I also took partial profit at round number 1.7700 as it looks like there is a ppz sitting there on the daily. I'm in risk free and I'm willing to see if this can break below 1.77.
Nice trade everyone.
-Scott
I took your advise on the EURAUD....I've taken 1/2 off and moved SL to BE...
Nice Call!
GregB
Hey GregB,
I'm glad this was a winner for you. Just make sure that you check the charts and do some analysis before you trade. I'm sure there are some people here that didn't take this because of their own reasons--which is fine. So make sure you are taking the trade for reasons that suit your trading plan.
Nice trade.
-Scott
Yes you are absolutely right...thanks for the advise....I can see now(after the fact of course), that there was a nice confluence with the 365 ema and a daily resistance level and the 61.8% retrace on swing high! The PB really respected that 365 ema....just like Jim says....
I suppose there should be a significant bounce off of 1.7600 also....if it can plow thru there....we're home free!
Perhaps you can comment on my rookie analysis?
GregB
