I cancelled my left-over position in AUD/NZD (long), since the TP on the first half was hit and I no longer felt comfortable in the position. image Made €0.12 on this one W

james16 Chart Thread

TP was hit, and 1.09 was touched, but sold off, so I decided to close the position in total, because I wasn't that happy with it to begin with. I'm still comfortably in the CAD-based positions, I'll check back on those at NY close, but expect ...

Journal/Archive

Thanks, I also noticed that stocks that gapped heavily tend to show some sort of inactivity or 'the calm before the gap'. Selecting charts that look 'smooth' as in FX is a good tip, hadn't though of that one myself, but it certainly sounds logical ...

james16 Chart Thread

Nice trade Mike! It's nice to see the swing into the PB setup, I really have to look for those scenarios more and try to leave the rest be. I was thinking of trying to add equities to my watchlist for the coming year, but when I was checking stocks ...

james16 Chart Thread

Did you see the DBHLC on the CAD/JPY monthly? I took a position on it a while back, but mismanagement got the better hand, so I was stopped out for moving the stop too soon, too close. Given the overall CAD weakness across the board (Weekly Pin vs. ...

james16 Chart Thread

Congrats on that trade. I had this one on my watchlist (chart) and even went as far as to put an order in, but the open gapped near my TP, after some indecision on my behalf, I've chosen to cancel the order. I did enter the USD/CAD long and the ...

james16 Chart Thread

Both the USD/CAD long and the CAD/JPY short have been processed. image image W

Journal/Archive

I cancelled the order on EUR/NZD, as the gap fill didn't trigger my order. Given the overall lack of space to work with, I didn't really like this market open. Better setups will come along.

Journal/Archive

A correct observation. The 1.5900 is very critical in the E/N trade, which is why TP is 3 pip above, but on approach, I'd TP as well (Taking in account spread could still keep me from T'ing P ). The 92 in CAD/JPY was accounted for with the BE ...

Journal/Archive

A new week, new setups. I'll be less active over the coming week[s], as my daily occupation will need my time. As for trading Daily/Weekly, that's not worrying, I'll have to get used to not checking on trades for a while anyway, so the coming setups ...

Journal/Archive

Great analysis and good to see we have our charts setup exactly the same for next week! I won't be posting my chart, since yours is identical. I would however like to add the following charts to this list (along with the USD/CAD, NZD/JPY): First and ...

james16 Chart Thread

Ahh, I see... quite obvious in retrospect . It's an important factor in any trading decision, but I struggle with consistently applying all characteristic filters succesfully. Experience builds slowly. W

james16 Chart Thread

Thanks for the detailed coverage! I've been pondering the ratio of deposit vs. capital at large but as I'm trading exclusively demo so far, there's been no concrete decisions on this. My memory tells me it's DeanKenny21 who's contributions initially ...

james16 Chart Thread

What do you mean by this? Do you link an arbitrary %/capital to various domains of winrate? Would you care to elaborate on how arbitrary the two are for you? Meaning, do you keep a separate balance sheet besides your 'brokerage-balance', or do you ...

james16 Chart Thread

Nice clean charts Michal! I especially liked the EURNZD pinbar as it touches and rejects it's former consolidation as well as the brn. clean, simple, picture perfect pin. If you keep those result up, you'll have a very good change of making it to ...

james16 Chart Thread

Well done being patient! I wasn't and still I'm hearing the vioce in my head asking whether I cocked up the entry or not. Time will tell I guess. (Edit: Time told me I definitely cocked up the entry.) Will analyse my decisions more deeply once I'm ...

Journal/Archive

You make a valid point in keeping your TF's close if your using multi TF analysis however, I've seen people using various methods of multi TF analysis. For example the Daily with H1 triggers is a combo I've seen here often, even lower. So I figure ...

james16 Chart Thread

Entry-levels were hit, just prior to me opening up the orders. I was writing an e-mail, where as I should have hoover my mouse at the submit button. A bit like the guy who cleans the fish tank 15 sec. before market open, in 'Wolf of Wallst.' Anyway, ...

Journal/Archive