This is a good lesson in ALWAYS assessing your Risk:Reward ratio before u take a trade. If your rewards is not at the very least 2 times your risk you are going to hurt yourself in the long run.

james16 Chart Thread

unfortunately IMHO the GBP bars are far too big , risk-wise to take as they are

james16 Chart Thread

Following that BOE news, there are some gynormous H4 engulfing bars about to close (NY charts) on gu and gj but headed into all that traffic ...

james16 Chart Thread

OMG thats huge ! Seen any other A+ setups lately J ?

james16 Chart Thread

BOE Meeting minutes ...

james16 Chart Thread

lol ok

Jacko's Forex House of Pleasure and Pain

Stuns me the pathetic low lifes you can find on an internet forum ... i wont bother to read back to get what is happening but cannot believe the level of some who resort to calling scam - probably because they took all the failed trades over time ...

Jacko's Forex House of Pleasure and Pain

Well done, doesnt mean its A+

james16 Chart Thread

Hmm .. thx but wouldnt call that A ...

james16 Chart Thread

OK surely someone can find me a A+ trade to take ?

james16 Chart Thread

Was there any question why stocks are tanking today ?

james16 Chart Thread

You have identified on your own chart that the price is in a congestion ... PA means nothing here

james16 Chart Thread

well done if you were patient enough with that cable .. i wasnt although parabolic TL still in tact for the moment ..

james16 Chart Thread

But boy how much more parabolic can we get ...

james16 Chart Thread

Yessir if you can convince that side of the trader brain that keeps telling u to do SOMETHING, ANYTHING ... u cant go wrong

james16 Chart Thread

yeh i took my pips when it sat at that 5830/40 area for so long ...

james16 Chart Thread

Dagnammit , i missed this one :/

james16 Chart Thread

Yep the GU showed just how hard it can be to get a runner countertrend ...

james16 Chart Thread

i like ...

james16 Chart Thread

would agree with that but the breather should be good for 150 odd pips

james16 Chart Thread