Fair enough. Thanks for all the backtesting guys. I think executing this method purely on a set S/L and Profit target would not work over the long run. Discretion needs to be used for the exit (profit or stop loss). And based on some of Eagle's ...

Breakout + Spread!! Sure!!!

Hey Dan, Go to www james16group com and click on the Acceptiva link on the right. Then it takes you step by step through the process. At the end, you'll see the James16 Group link at the bottom of the forums list here at FF. Good decision. ...

james16 Chart Thread

I think the big gap open followed by the big drop threw some people off(including myself). But it worked out eventually so that's good.

james16 Chart Thread

Good job aqua. I'm glad you're doing well with all the material. It really is great stuff! I'm also in this trade. I'm just letting it run until it shows reversal signs. This was a good one. Tom

james16 Chart Thread

Ok there's some miss-communication here. What you're saying is correct. I didn't word myself correctly. I'm speaking strictly of what the indicator range is. So if you were to set the indicator from 4-7 that is 5-8 London time. But of course that ...

Breakout + Spread!! Sure!!!

Hey Cologg, The way to play pins is a personal preference. Some people only play the break and others play the retraces. The more conservative way to play Pins is on the break. Because a pin isn't really valid until it's broken. So it's really up to ...

james16 Chart Thread

Speaking of the GBPCHF, if you look at the monthly charts you'll that this area of 2.4700-2.4800 is a very major support/resistance line. (over the last 20 years or so ) It'll be interesting to see what happens here. Tom

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No they don't. See my chart attached below. It is set at 4:00-7:00GMT (ending at 8am London time) His chart here: url But I have also seen some GBPUSD charts of his using 5-8. Thus my confusion.

Breakout + Spread!! Sure!!!

That's what I thought too. But if you look at post #225 you'll notice he's using 4-7GMT (5-8am London time)

Breakout + Spread!! Sure!!!

I think this is one thing that no one is clear about. Looking at some of the charts he has posted recently, some are using 5-8am GMT and others 4-7am. So I don't know if he uses a different time range for different currency pairs or what. Then I ...

Breakout + Spread!! Sure!!!

Hi Nancy, I'm an idiot. I realised later that the hours I was putting were wrong anyway. I got them mixed up. It should work fine when I input the correct timeframe. Please ignore that post. Thanks Tom

Breakout + Spread!! Sure!!!

I'm sorry to hear that. Unless you lost about 100 trades in a row, your numbers tell me that you weren't using any Money Management. The first thing you should do is read up on MM. This is a good place to start. (as well as the other stickies in the ...

1000 to 150 in 2 weeks..

No problem Nancy. Happens to all of us sometimes.

Breakout + Spread!! Sure!!!

Ok I have a question for anyone who's good at this indicator stuff. I'm trying to set this indicator to capture the Asian open. I'm changing the times to periodBegin: 23:00 periodEnd: 2:00 and Boxend: 12:00 for example. But the boxes get really ...

Breakout + Spread!! Sure!!!

Right click on your chart where the indicator is loaded. Go to Indicator List. Select the indicator and click Edit. You will then see all the fields that you can change. I hope that helps. Tom

Breakout + Spread!! Sure!!!

Yeah. What he said. Great post Mike. And I personally agree 100%. Getting good at taking profits and setting stop losses is very hard. You really have to get used it and become consistent with it. Always have a good reason for taking profit or ...

james16 Chart Thread

You have to believe Seeking! haha But I actually agreed with your commentary. It was kinda in the middle of things and I didn't think it would break through that resistance like that. This thing really took off. I took that I4B break but bailed a ...

james16 Chart Thread

Speaking of I4B and Inside Bars, here's a nice example of a current I4B for GBPCHF. I like it when the bars wind up by having the range get smaller and smaller. As you can see in this example, each bar is smaller than the previous one which shows ...

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Actually on the FXDD feed, there was a nice 4H pin for the USDCAD. It might be a good one. (I use IBFX and the pin wasn't as good) Tom

james16 Chart Thread

Yeah I'll have to wait a couple of hours for the bars to close and re-evaluate but the Daily Pins on USD/CAD and EUR/CAD look interesting. The EUR/CAD actually had an 8 hour pin at the day's high and almost touched the 365. It has already trigered ...

james16 Chart Thread