Ok cool, its good to know im at least thinking along the right lines. I think for now keep things simple and trade short at lcs levels and vice versa Cheers Dan

james16 Chart Thread

Do you often take trades long when pbt&ca a LCS level and vice versa ? I was under the impression that we should be looking for shorts when pbt&cb and longs when pbt&ca.

james16 Chart Thread

Interesting. Ill have to purchase membership to the private forum sometime next week

james16 Chart Thread

Hi Jarroo Not sure if you saw my last question a few days ago but I was just thinking about possible trade management methods for those of us with a 9-5 job. Do yo have any suggestions on how we can manage our trades ? we cant use 1hr/4hr signitures ...

james16 Chart Thread

Always like watching these vids. Excellent one mate ! Very few people on this forum who are sucessfull traders actually show their live trades. Your one of those few mate. Very helpfull vids, keep em coming ! ... song names please !

Trading: As simple as possible, but no simpler - by a real Cityboy

Any advice Jarroo ?

james16 Chart Thread

Thanks for the advice mate. I think im going to look for 4hr confirmations when I can (since i have a full time job). Setting a pending order right on the level (LCS/HCR) with the correct SL placement and maybe several limits at valid targets would ...

james16 Chart Thread

I see. But how do we decide what entry method to use ? the touch trade or waiting for confirmations. If a level just so happens to fail we can always say in hindsight that waiting for a close confirmation would of been the way to go. Just getting a ...

james16 Chart Thread

Jarroo, wouldnt these hcr levels have been valid levels to take long positions from ? Obviously they failed though Cheers Dan

james16 Chart Thread

Mike. Advice please — Hi Mike, Just wondering if I can get your advice on this Silver chart. Price has moved up to the decending trendline, broke though but could not close above. A pinbar (small) has now formed and closed below the trendline. ...

james16 Chart Thread

Cool, Altough didnt you mention to me that you had been live trading Jarroo's method for 7 months and successfully for 4 months ? My mistake.

james16 Chart Thread

Hmm ..must be my lucky number ... image

james16 Chart Thread

Ill play. Although there's probably no point since I cant trade profitably reason: I guess price would retest that res' area, hopefully reject off it and move lower to the lower purple s/r area ... image

james16 Chart Thread

Yup, ive already got had that link bookmarked from a while back lol.

james16 Chart Thread

Those of us living in England dont pay any tax on spreadbetting

james16 Chart Thread

Which approach have you found to be the best/prefer Sorry i wasnt talking about any specific pair. It was just a hypothetical example. Any advice ? Cheers Dan

james16 Chart Thread

Hi thanks for the reply mate, but from what i read this is just another way of playing the LCS/HCR levels where price fails to close above of below. Im trying to understand this newer concept of Confirmation closes.

james16 Chart Thread

how would you enter using a daily close confirmation ? price breaks though and closes above a HCR level. Now we are looking for the area to hold as support. Price retests the level (or doesnt) and closes above the hcr level after the pbt&ca candle ...

james16 Chart Thread

Surley you would of had a 1hr/4hr close/signiture on this level that would of taken you out for a loss though ?

james16 Chart Thread

...hmm..how do you decide whether the use the Daily Close Confirmation thing or play the levels normally when trading live though ?

james16 Chart Thread