I see. Although this is a different trading approach (no PA confirmation, I guess) Putting it in a slightly different way, do you ever set your initial SL above/below the PA bar, despite trailing it after the trade is triggered?

james16 Chart Thread

I understand you never take a full bar loss but do you ever take a full risk loss? Do you ever leave your initial stop until it eventually gets hit? Thanks Nos

james16 Chart Thread

Great entry. Did you close it allready or do you plan to ride it down (in case the weekly BEOB breaks)? Nos

james16 Chart Thread

0,3R loss on GBPAUD. Let's move on.

james16 Chart Thread

GBPJPY did OK. Still on GBPAUD. Nos

james16 Chart Thread

Hi gang, Haven´t been posting lately but here are a couple of charts. I´m on this BEOB on H4 GBPJPY. Initial stop above BEOB but moved it just above the next bar after an expected reaction around 128.50. Expecting a test of that area again and, if ...

james16 Chart Thread

Hey ghous, Guess your initial stop was above the bar before last week's IPB. Is this correct? Nice trade. Nos

james16 Chart Thread

Talking about solid support. I was almost stopped out by 7 daily bars (entry based on weekly pin).

james16 Chart Thread

Totally agree. Nice setup. Didn't play it cause IPB are not yet on my book. Let's see if it reaches 1.6000. I also like the AUDCAD setup that jaroo mentioned before. Just wasn't present by the time that BUOB formed on H4 (strong daily PPZ, round ...

james16 Chart Thread

Nice Looks that the train might not come back soon. I'll catch another one.

james16 Chart Thread

I guess some of you played this as an hard break. I would like to see it retrace to 0.8850 and give us some bullish PA.

james16 Chart Thread

Great analysis and as Mike said, it did what was expectable. I'm in that trade and I adjusted my stop to BE when we reached that PPZ (lows on the left). I'm still in but price has come down to just 4 pips above my stop. Am I concerned? no way. I ...

james16 Chart Thread

Don't get me wrong. I speak in terms of position sizing and giving a bit of room for the trade do develop (again, we are talking generally and not this specific CHFJPY trade). This doesn't mean taking a full bar loss if the trade goes against you. ...

james16 Chart Thread

I tend to agree with that approach, though I use it less than the full bar SL (mainly cause I can't always be in front of the screen when the trade is triggered).

james16 Chart Thread

I don't know what your level of experience is but, if you truly believe in the setup, why don't you use a full bar SL? (I assume you are starting to learn this method) Nos

james16 Chart Thread

Thanks.

james16 Chart Thread

Hey jaroo, If I may ask, what is your FTA? The close of the gap? Nos

james16 Chart Thread

I remember that trade Well, it happens. It is good to contrast with the quick move to BE. I'm starting to get more patient in moving stops to BE (depends on the setup) and this won't discourage me at all Nos

james16 Chart Thread

This was a 0,5% loss for me cause I adjusted the SL to just below 0.8500. It is looking good now and there is a bullish pin with div forming on the weekly also. Nos

james16 Chart Thread

lol 15min later decided to drop my stop 200 pips (now above 90.00). Don't know if it's the best thing but I will be one hell of a trade, anyway. Nos

james16 Chart Thread