Any takers for this Weekly EUR/USD pin?

james16 Chart Thread

I think this thread has sort of lost its way. The only thing I would like to see is some sort of journal type thread by zeekans showing some of his trades in real time more or less. He doesn't have to disclose his system if he doesn't want to, but ...

Ultimate Successful Trading Technique

Hey Mike, Just to add my 2 cents here, I would stop trading live immediately if you need to re-focus and change your methods back to the basics. No point on re-adjusting your trading on the fly with real money cuz it could get ugly. Secondly, I ...

james16 Chart Thread

That sounds good to me. Your point is exactly how I feel. There's no need to baby your trades. (especially Daily and Weekly) You can use a lower timeframe to fine tune your entry and exit, but after you enter and set a s/l and possibly a t/p, leave ...

james16 Chart Thread

In the private forum, there a lot more formations and systems. (and I mean a lot) Actually even in this public thread, there are many more formations discussed. If you go to the beginning of the thread and read through the first few pages, you'll ...

james16 Chart Thread

Mike's advice above is right on the money. I've recently made some changes to my trading ways and have started to let profits run. (it's the only way...) I used to have the problem that you guys talked about, to get spooked out of trades or take ...

james16 Chart Thread

I agree with this assessment. It is in a bit of traffic. On top of that, it's got a pretty good uptrend going and sometimes a pin in that location will trigger just as price takes a breather and then continues up. And 1H charts aren't as reliable as ...

james16 Chart Thread

I dunno about other people, but I think trading without stop losses is a recipe for disaster. All you need is a few bad days where the trade goes against you and depending on the pair you can be down hundreds upon hundreds of pips. And you can wait ...

Trading with outstop losses

That's a pretty great trade Mike. Very patient and nicely done. Did you at any point close part of the position to lock in some profits or did you let the whole thing ride to the top? And are you planning on entering short on the break of today's ...

james16 Chart Thread

Hi Jacko, What I mean is, when you enter a trade based on the trend (after price has dipped to the trendline during an uptrend for example) what sort of stop loss would you use? Would you just set it based on a break down through the trendline? And ...

Is The Trend Really Your Friend?

I really like your points Jacko. That's good stuff. But I have a couple of questions: What sort of stop losses would one use when entering a trend following trade on a dip? How do you determine a trend has reversed? Or has subsided into a side ...

Is The Trend Really Your Friend?

Well, nevermind. Those aren't looking too good right now... BTW, did anyone get in on this nice Weekly Pin for NZDUSD? Good for 100 pips. (if you entered on the break) I missed it....

james16 Chart Thread

What do you guys think of that 1H BUY Pin for the USDJPY? Also price is touching a trendline for USDCHF. It might bounce off and continue the uptrend.

james16 Chart Thread

Absolutely Mike. I really have faith in Price Action and all the other methods we discuss in this thread. I know in the long run if you keep at it you'll end up ahead. Only strong folks here in the James16 area. Tom

james16 Chart Thread

Is it me or has this week been kinda hard to trade so far? It's funny how you have weeks sometimes where you feel like quitting your job (if you have one ) cuz the pips seem to come so easily, and then other weeks you feel like quitting trading ...

james16 Chart Thread

Happy New Year — Happy New Year to all the James16 and other FF folks! I wish everyone a healthy and happy 2007 with lots of trading profits. Take Care, Tom

james16 Chart Thread

Hey Mike, What did you end up doing with this? That almost pin bar turned into a BEOB but now the daily I see has a pin bar. (so it worked out Are you jumping on that short?

james16 Chart Thread

Currency pairs that you avoid — Hey everyone, Quick question for everybody here to give their opinions. Are there any currency pairs that you avoid? Some that you just don't bother looking at because they are too unpredictable? For example, I ...

james16 Chart Thread

Very good point. If someone was to play this I4B to the Short side I would recommend either taking partial profit at that support line and letting the rest ride (after moving your SL to break even), or closing the trade completely and waiting for ...

james16 Chart Thread

Here is one more I4B at the top of an uptrend for the AUDJPY. This one is also sitting on a weekly and a monthly PP which would be violated to the short side if the IB was broken. And it's got plenty of room to fall down to another weekly & monthly ...

james16 Chart Thread