Nope. That's not it. But yes you can view it that way also. But why would you think i took it because of 50% , could be 32.8 or 61 % also. But my reasons were different. From your analysis & charts , i can tell you that you are still too focused on ...

james16 Chart Thread

Xamarass, your problem is not the Pin bars , but the location. Work on the location first, then worry about patterns.

james16 Chart Thread

EUR/NZD BE for now... image

james16 Chart Thread

This is nothing new. I learned this setup from the James and all by looking at his charts posted right here. you too can do this. you need to look for it. I could tell you how and why , but you will not understand it because you are not looking at ...

james16 Chart Thread

50+ pips in my direction and we have BE. CADJPY image

james16 Chart Thread

Hi, yes, 1:3 would be nice if it the sentiments and SRs allow it. you can only get higher R/Rs only if market is in strong trend which it rarely is in(JPY is exception). so simply assume that market ranges on higher TF most of the time. In a ranging ...

james16 Chart Thread

Xamarass and FXBat, My trading style is quite simple actually. But to get to this point it has taken me a long hard 3 years. Setups are now plenty and trading a/c is on the positive. People here worry a lot of how the pattern looks and shape and ...

james16 Chart Thread

Have been very busy with my Futures trading. Not been trading FOREX much. AUDCHF - BE and target set. image

james16 Chart Thread

Good move on GOLD - BE for now. image

james16 Chart Thread

GBPCAD moving my way - BE for now. image

james16 Chart Thread

Completely agree with FXLester, As soon as i enter i always look to BE ASAP. Don't care if it takes me out at BE and then moves. Best example of this is on GOLD, took me out at BE , but don't matter another trade is just around the corner. My ...

james16 Chart Thread

The RBI and Govt are both aware of the illegal FOREX brokers operating in India. They do not have the will power or the resources to act against them , but that doesn't mean they won't take any action now or in future. Look at it this way , up until ...

Trading in India

RBI is going after paypal and skrill like sites to track down indians who trade forex. So no use. One fine day your paypal or skrill account will be closed just like your credit card. Like i said there is no legal way to trade forex from india. ...

Trading in India

and when they will shut down , you cash will be gone. Please don't give bad suggestions and get people in trouble . if you can't help and don't say anything at all. It's because of smart asses like you that people get into trouble. THERE ...

Trading in India

New entry. Gold - BE for now. image

james16 Chart Thread

Be careful if RBI instructs paypal or exchange-zone to block all accounts which do FOREX transaction , your paypal a/c will be blocked and frozen and they will forward all details to RBI. It is now very very risky to trade FOREX even using paypal or ...

Trading in India

Update time. Sudden volatility as of now... Some good moves. GBPUSD - BE for now. image USDCHF - up up and away.... image AUDCAD - BE for now. image

james16 Chart Thread

You cannot trade FOREX from india. It is ILLEGAL. Trade currency futures in MCX-SX

Trading in India

yes, i have received a letter from Citibank and got my credit card closed by bank stating FEMA regulations about two weeks back. Serves us right for breaking the law. All the people who thought RBI would not do anything since we are little fishes ...

Trading in India

Agreed LamerTrader. What i found hard with scalping is that it causes stress and hence you are likely to make more mistakes, also you need to have a extremely profitable strategy to scalp and one move against you can wipe out all profit or cause ...

james16 Chart Thread