james16 Chart Thread
I still in it and just trailing my Stop manually.
good luck.
This one I preferred not to trail, but to take full profit.
Mainly because I was against the main trend, but also because this area is a quite strong support, now also double bottom with strong divergence on daily.
Ben
I really want to get out of this post and pat you on the back Ben,
This is how when and where one starts to "get" it.
Congrats on making to it.
"Staying there" is another thing and your next big challenge...
Keep it up bro...
I saw this PB off solid support and couldn't resist
Anyone in this trade with me? Stop already at BE. I'll let it run, if it takes me out at BE, let it be.
Ben
http://img529.imageshack.us/img529/9641/1k2pp3i338.jpg
Nice, Benji
You're in the zone
Hi nasir,
Just edited my post and explained why I took full profit there:
This one I preferred not to trail, but to take full profit.
Mainly because I was against the main trend, but also because this area is a quite strong support, now also double bottom with strong divergence on daily.
That area is also a dailly very strong PPZ and kissing the long term trend lune I have on my daily chart. If it was a breakout trade which is with the main trend, I would be trailing my stops.
But it doesn't mean you won't get a good run here....just...
Stoped out at 190 pips back from 300 pips.
I think you really knew what was going to happen to my pips and would have saved me some 120+ pips. But when you posted your charts i was on my from office to home and that's a big disadvantange i have for not being online at a crucial time (NY OPEN).
I had this trend line+ 89 MA and you could also see the orange box in my charts above.
BUT I CHOSE TO LEARN IT THE HARD WAY.
Stoped out at 190 pips back from 300 pips.
I think you really knew what was going to happen to my pips and would have saved me some 120+ pips. But when you posted your charts i was on my from office to home and that's a big disadvantange i have for not being online at a crucial time (NY OPEN).
I had this trend line+ 89 MA and you could also see the orange box in my charts above.
BUT I CHOSE TO LEARN IT THE HARD WAY.
if it was, im damn sure u'll hit your head on the wall 
Stoped out at 190 pips back from 300 pips.
I think you really knew what was going to happen to my pips and would have saved me some 120+ pips. But when you posted your charts i was on my from office to home and that's a big disadvantange i have for not being online at a crucial time (NY OPEN).
I had this trend line+ 89 MA and you could also see the orange box in my charts above.
BUT I CHOSE TO LEARN IT THE HARD WAY.
.....
Yeah but i was paying more attention to a spelling contest today.
Hi folks - wanted to share something - and I hope that no one got hurt by these this morning, but the Yen crosses early all yielded long PB's at 8AM EST. (GJ, AJ, CJ, EJ, CADJPY all look like they are in trouble.)
Some of them *may* work out, but check out the USDJPY cross posted. Long nose PB - good. Trading into a major PPZ, without divergence - Super Bad.
As much as I feel the pull of a PB, location is just as important. Maybe more.
If that PB straddled the PPZ, and finished well above, this post would be differently worded.
Thanks.
It is taking off right now. Moved to the 30 min chart to trail my stops. I'll use mike's 2B stop..for the first time
Some profit already locked in.
Ben
Not to mention the open and close were not within the prior bar
