A good trade management. Placing the stops behind the eyes is the best when there is a very long nose. But its very frustrating sometimes, as the stops often get triggered and later on continues to the predicted direction. But no choice, placing it ...

james16 Chart Thread

With the trend and off the support — For me, the best setup this month so far.. image

james16 Chart Thread

Took profits — Took the profits for both the trades just below the TP point. I was catching a falling knife and there was a small trouble zone which could possibly reverse the pair. A little profit out of not a very good setup. NZD/USD was ...

Journal of The Lord

Eur/Usd moved to breakeven. So, the prayer is off.

james16 Chart Thread

yup

james16 Chart Thread

Moved the stop at 1.2843, just below the previous 4-h bar.

Journal of The Lord

NZD/USD 4H — image On the daily PPZ, the pin bar occurs on the 4 hour. Little resistance just above the entry level, but that is bound to be broken and ultimately reach the target. Pretty clean level.

Journal of The Lord

A good one, bouncing right off the 7100 mark. Nice PPZ as well.

james16 Chart Thread

Eur/Usd 4-hr — image Yesterday, the price fell very sharply crossing the 1.2950 & 1.3000 mark like they don't exist at all. So, a retrace to that level is due. A pin bar is formed at a very strong zone (on the monthly PPZ). The entry point ...

Journal of The Lord

I think 1.29500 is too strong to just break through and go all the way. It must respect that zone, I have a feel for it. At least a retrace to this level is expected. And, I have placed my order totally based on 4-h. I haven't used daily or weekly ...

james16 Chart Thread

Entered on E/U 4 hr. — I have a little target. Hope it goes well.. image

james16 Chart Thread

AUD/USD is very good. Good location.

james16 Chart Thread

Eur/Gbp Daily Pinbar — I went short just now. image

james16 Chart Thread

Watching Crude Oil — Crude oil is in a very interesting position. Its just gone below 80 and if today's bar becomes a pin bar, tomorrow is going to be a great trade. Excellent PPZ in weekly and daily charts. Also, today is 'crude oil ...

james16 Chart Thread

Sometimes a good price action comes up, but the target is lesser and the stop placement would be high. I can't keep myself from taking the trade in such cases. So, I am controlling myself into a strict MM. Its like leaving the habit of drugs ...

james16 Chart Thread

I think the only way to win in this market is through solid money management. I am trying to use mm these days. I only trade bigger TP with smaller SL on live account and trade smaller TP and bigger SL in demo only. This way, I will be winner even ...

james16 Chart Thread

This is a great link to see the seasonal pattern for commodities. url . Agricultural products are planted and harvested around the same time every year. So, bullish and bearish time are almost always the same months every time (unless some natural ...

james16 Chart Thread

Soybeans Weekly — I have a sell position from 1040 (this one in live account). I have a seasonal pattern in favor. Soybeans normally makes a peak in mid july and makes a bottom at october. Its already august mid, so a good time to place an ...

james16 Chart Thread

In fact, I had also taken the trade on demo at the same point (marked in the chart with small arrows). I took the small profit on the red line. I thought the trend was strongly up and its not the time to fall big. I see your analysis. The three bars ...

james16 Chart Thread