Could of done with the extra pips ... but nice to see price do what we expected... depending on what price does now their could be a re-etnry short. image

james16 Chart Thread

FFS ! just closed out my position by mistake...lesson learned .. DO NOT fiddle around with live platform !! image image Take care Dan

james16 Chart Thread

Hey mate, No problem, will keep posting. I usually dont post up my trades anymore since most of my posts go unnoticed but if there are even a few people who benefit from them I will happily continue. Keep in mind that its taken me 5-6 years to get ...

james16 Chart Thread

Update Love this stress free style trading. I've also noticed the less I keep checking my open trades the better decisions I make. A close below previous lows/closes could easily see us to the target area. ... anyone else in on this ? image ...

james16 Chart Thread

Hi mate, Just a suggestion, its good to zoom out when viewing charts but when you zoom out too far to the point where a candle is displayed as a bar you may want to just view it on a higher timeframe .. in your case this would be the weekley. Your ...

james16 Chart Thread

update: Again chart zoomed in, dont look at it this way. Just showing the 'details' image Take care Dan

james16 Chart Thread

Hi mate, It really depends on how you look at a stop out on a BE trade. For me, I just get my stops to BE and let it go. I no longer care what happens after that (within reason of course). It it goes positive I will either trail it at 1R or simply ...

james16 Chart Thread

Simple. I let my trades go. Get stop to BE using good, logical management and then let price do what it wants to do. There is a MASSIVE difference between hoping a trade will go your way whilst your capital is still at risk, and hoping when your at ...

james16 Chart Thread

I've got a 85% win rate with 1:4 RR if I dont include BE trades. Since BE are just null trades I dont include them. I like to get my stops to BE as quickly as possible, this really helps smooth out your equity curve and allows for stress free ...

james16 Chart Thread

Just a quick update. BEOB closing below the BRN but just inside of the lower trendline. I would like to see it either bounce up a little back to the BRN or close below today and look for a retrace before going short ...somehow Would of been nice ...

james16 Chart Thread

Hey guys, Have not been posting much of late since FX 'died' but here is something im keeping my eye on ...could take a while to play out with current volatility image Take care Dan

james16 Chart Thread

Update: image Take care Dan

james16 Chart Thread

Hi mate, RN = Round Number BRN = Big Round Number Take care Dan

As simple as possible: 00 level trading

Alright 60 ! Hows things been ? Ive always liked your style of trading I assume you are still using this h4 'method' of trading now that you are back ? Anyway, ive been reading through some of your posts in regards to RR, Win rate, ...

H4 Power

...dead

james16 Chart Thread

Hi mate, It just means that the distance to the Round Number (RN) should be 10 pips or greater. During the London Open for example you can trade all the 10 pips levels except you cant short from .100 into the 000 Big Round Number (BRN) ...

As simple as possible: 00 level trading

Hey Chake, As long as the win rate can be maintained in the long run and you dont have a string of loosing trades / drawdown, you've got a very profitable system Take care Dan

As simple as possible: 00 level trading

Hey, That upper trendline is not really a trendline. It only has 2 points. You would have to have a 3rd touch to confirm that the trendline actually exists. Same with the bottom support level .. just my opinion. Dan

james16 Chart Thread

What was the mistake ?

As simple as possible: 00 level trading