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dan89 replied Nov 27, 2013Hey ProsteJa, For me personally, through backtesting and live trading, I average around 8-12% per month from around 2-3 trades per month. Although, this month I have not taken any trades due to being very busy. There was one trade that has now ...
james16 Chart Thread
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dan89 replied Nov 25, 2013image Nooooo !!
If I dont take any trades this month and I dont loose any money but dont gain any ....does it still count as a profitbale month
Mike, Advice please
Im sooo close to 3 consecutive profitable months !! Take care all Dan ...james16 Chart Thread
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dan89 replied Nov 22, 2013Hey mate, Nice trade so far on UJPY
Personally I do not consider 'correlated pairs' to be of any significance. I treat each setup on each pair as a completely different/seperate trade. I like to keep things as simple as possible. Once I ...james16 Chart Thread
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dan89 replied Nov 21, 2013Ooops
...maybe not ! Decent patterns are so reliable they work even when you dont want them to !!! Before: image After: image Take care all
Danjames16 Chart Thread
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dan89 replied Nov 20, 2013Price is really struggling to move anyway, I like my breakouts to take off !
Have a strong feeling price is likely to drop down back into the pattern image Take care Danjames16 Chart Thread
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dan89 replied Nov 14, 2013Since its friday I think i will give this setup a miss. price closed pretty much on the BRN so could go either way today Take care Dan
james16 Chart Thread
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dan89 replied Nov 14, 2013Hey, just a little update Price stalled/retraced as expected but tbh was looking for a deeper retrace with a breakout occuring early next week. However I will continue to watch how price closes today ..Would need a nice strong close above (taking ...
james16 Chart Thread
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dan89 replied Nov 13, 2013Just a quick little update. Price did stall at the trendline which is a good sign. Would like to see price move down today atleast/possibly stopping at the marked horizontal support level (second from the top). Idealy price will continue to move ...
james16 Chart Thread
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dan89 replied Nov 12, 2013Have not been active on FF much as of late but ive been watching this pair as well. I have my trendlines slightly different but the same concept. Would really need to see a rejection/retracement off the current trendline to confirm this pattern ...
james16 Chart Thread
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dan89 replied Oct 29, 2013Hey Prasad, Your right, Im not saying that I dont trade with the same core MBQB method as tought here and in the PF, What im saying is that you, I and everyone else will adapt that core method and tweak it, usually without noticing, to suite their ...
james16 Chart Thread
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dan89 replied Oct 29, 2013Hey Mike, thanks for the kind words, really appreciate it mate
Its funny how simlpe FX trading can be ..once you go through all the frustration, misinformation and all sorts of other things. I've noticed I tend to think more along the ...james16 Chart Thread
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dan89 replied Oct 29, 2013Hi mate, Most of my trades are posted here in the tread. Some of the entries are not exactly how james16 teaches, but I learnt them and adapted them from the PF. I will try to do into more detail in regards to position sizing, MM, trailing stops etc ...
james16 Chart Thread
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dan89 replied Oct 28, 2013Well looks like this month will be another profitable month (a little over 8% from 2 trades) - My second real live profitable month
Just one more month to go
Take care Danjames16 Chart Thread
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dan89 replied Oct 23, 2013Hey guys, Its always nice to see price do what you expect it to do. It provides reassurance and confidence in future trades. This seems to happen more and more often to me now
Still got work to do though - but now its leaning more to the psych ...james16 Chart Thread
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dan89 replied Oct 22, 2013For some reason I cant edit my posts ... get a messege saying I dont have premission or something .. anyway wanted to add a chart image
james16 Chart Thread
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dan89 replied Oct 22, 2013Have a feeling that price is likley to shoot back up. Price is really struggling to close below the open of that bullish bar ... Take care Dan
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dan89 replied Oct 21, 2013Just closed this one out for around 4% ish. price could not close below that bullish bar and is not struggling to break past below it again. image Take care Dan
james16 Chart Thread
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dan89 replied Oct 16, 2013Hey guys, here is a quick simple trade I took on the daily. Im currently at BE with around 5% ish floating. Just a simple TT short off the clear PPZ. I will leave my stop at BE and just see what happens. I know this isnt the best way of managing a ...
james16 Chart Thread
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dan89 replied Oct 12, 2013Hey mate, Yup decent patterns will show trendlines holding as support/res on the pullback as you mentioned
I was looking at this pair on the daily timeframe a week or so ago I believe. I didnt take the trade myself because I prefered the USD/JPY. ...james16 Chart Thread