You are correct Almond! Here is a good article explaining the reason. url

Why was EUR/CHF idle for 2012?

I guess looking at a 4hour chart you can see some resistance in that Trend Line drawn..i dont look below the daily chart so i didnt really notice it. My reasoning for taking the trade was 1. seeing a PBT-CA at a swing high not in a sideways market ...

james16 Chart Thread

Yes i entered at 153.29. Stop Loss 152.90...i was going to use 153.49 but didnt want to risk that much but this pair is volitale so maybe i should!/ 1st TP 154.34/ 2nd TP 155.00 or close at 154.34 if price retraces after touching 154.77.

james16 Chart Thread

Anybody waiting for the retest on the GBP/JPY? There seems to be alot of room from the next HCR on the weekly chart. image image

james16 Chart Thread

image Any thoughts on this trade setup for the daily chart? PBT-CA but by only 1 1/2 pips. Would rather see a longer bullish candlestick. Also for the weekly chart how would you guys play a Bullish Engulfing Outside (BUEOB)Bar that closes across a ...

james16 Chart Thread

Thanks for the response mike! I hope your feeling better. I didn't have that Trend Line (TL) drawn in my chart. I like the comment about moving to b/e or under the left eye...gives me something to think about when using that TL as a First Trouble ...

james16 Chart Thread

This is how i would set my Take Profit and Stop Loss... What do u guys think? Also Should i have set B/E at the round number 1.0400? All opinions welcomed. Thanks. image

james16 Chart Thread

Very useful thanks for the informative post mike.

james16 Chart Thread

Trading with a buffer zone of 10 pips i believe with that setup is still fine. image

james16 Chart Thread

Yes, thanks for bringing that to my attention I need to study it more. When you say that chart presented would be a buy are we talking about PBT-CA? Thanks again for your opinion and time Jarroo. Have a good night. image

james16 Chart Thread

Yes i was thinking the location being a little bit higher would make this trade setup better. I'm happy to see that you pointed that out. If we were to encounter this scenario in the picture provided would a trader be better off not taking the ...

james16 Chart Thread

Thank you for the response Jarroo. What about this hypothetical example here. Your help is very much appreicated. image

james16 Chart Thread

Did anybody trade this setup? Or was it an invaild setup? image

james16 Chart Thread

Thanks long2339 and pinbar for the input.

james16 Chart Thread

image Any thoughts?

james16 Chart Thread

Yes i do see it now...i must be going blind! Thanks GHOUS for bringing that to my attention.

james16 Chart Thread

I've been drawing my HCR and LCS from the close and not the wicks. image

james16 Chart Thread

Why the hell is this on broker discussion? Go post your system/technique or whatever u want to call it on trading systems or discussions!

Extracted Posts (complaints made)

FBS is not a "U.S Based Broker! It's out of Asia. Beware another 1 post recommendation!

Who else uses GMT+2 as their server time in the MT4 platform?