Stop Losses on the Daily, Weekly, and Monthly — JayTrader, congrats on this trade. What are your stop loss settings for 3-tap trades based on the daily, weekly, and monthly charts?

Trade What You See - Almost Naked Trading

Patience Patience Patience — Bez, Thanks alot. This is helpful. These are the take-a-ways for me: 1. Be patient while waiting for a setup. 2. Accept that losing is a part of trading. To throw out a few United States sports analogies: The best ...

DanUK's Advanced Trend Trading Strategy

Bez, how did you turn the corner? — Bez, As someone who has been learning this method since the first day, do you have any advice for someone just starting out? What were some of the key breakthrough lessons for you? What do you know now that ...

DanUK's Advanced Trend Trading Strategy

Breakouts — [/LIST] Hi Dan: In the trade summary you mentioned that breakouts can be entry points in this method. Is looking for PA formations within a sideways market how you anticipate breakouts? Do you use Fibs and/or Trendlines? I hope ...

DanUK's Advanced Trend Trading Strategy

Bez's Trades — Bez, Congrats on your success. If my take on your three open positions is accurate, you've made about 1,200 pips in the last six weeks on these three trades. I hope you keep posting. Your growth and success is inspiring and ...

DanUK's Advanced Trend Trading Strategy

Hi Dan and others: I "discovered" forex about 5 months ago, and I have spent a great deal of time studying. After finishing the School of Pipsyology at babypips, I spent four months reading the James16 thread. It was quite helpful to read all of the ...

DanUK's Advanced Trend Trading Strategy

Thanks...it is just my way of reminding myself that all three elements are essential for long-term, consistent profitability. Sure, I might win a trade every now and then with some variation of the following formula: Trend momentum + a "Hunch" + ...

Trade What You See - Almost Naked Trading

Demo First — LG, I really like your idea about having a trade prove itself on demo before going live. It's going to be an essential part of my trade management. It gives me a way to implement one of your other gems: "Instead, slow and steady ...

Trade What You See - Almost Naked Trading

In addition to watching the RSI shift, many of us like to move down to the m15 chart to see how Price Action reacts when it reaches the trendline for PA confirmation. Adding this step has helped me make better trading decisions.

Trade What You See - Almost Naked Trading

Thanks for the insight. I am going to start paying attention to timing more, and look to incorporate the knowledge you've shared into my TP/SL decisions.

Trade What You See - Almost Naked Trading

3 Tap Trade that Goes into a Range — I enter trades on the 3rd tap, rather than wait for the close of the candle. I also typically set a TP. I've noticed that a number of my trades go into a range, rather respect the trendline. When this ...

Trade What You See - Almost Naked Trading

+75 Pips this week — One of the things that I've noticed while demoing the 3-Tap trades is that there are trades every day, and that it can be quite time consuming to watch for all of them. I decided that I am going to try to do all of my ...

Trade What You See - Almost Naked Trading

Weekly RSI — By this time in the week can we base on the direction of the weekly RSI or should we still only trade pairs where the H4, D1, and W1 are trending in the same direction? Lawgirl21, Thanks for all of your help!

Trade What You See - Almost Naked Trading

Lawgirl's Trendline BUY EA — What a great trading method and thread! After wading through the first 100 pages, I have decided to attempt to demo this system. I placed the Trendline BUY EA on the chart, put it failed to trigger the EURAUD three ...

Trade What You See - Almost Naked Trading

Candlestick size??? — Hi Dan: Thanks for starting this thread. I really appreciate your style of teaching, and willingness to do so. I kept up with your Trend Trading thread, but I never got to the point of demoing the strategy because I was ...

DanUK's Advanced Trend Trading Strategy

Did you take this trade? — Mike, in an earlier post you wrote that your 4-hr trading time was between 2 am-11 am est? Is that correct? If so, what criteria do you use to trade after that time frame?

james16 Chart Thread

7 a.m. est 4-hr chart — Mike: I just opened demo accounts with the four brokers that you mentioned in a post a few weeks ago. After playing with them for a day, I think that the 4-hour charts close times should work like this: fxpro 5 a.m. est ...

james16 Chart Thread

PPZ — For me, yes and no. Zoopy, thanks for pointing out Jarroo's post. I thought I was getting it until Jarroo said that the 108.39-109.09 range is too large. I originally thought that 108.39 was a PPZ. Should PA start in the 108.30-108.50 ...

james16 Chart Thread

Using PPZ to Trade — I have been studying the J16 material for a few months now, and every time I think that I am ready to begin demoing, I realize that I need a better understanding of one of the major concepts. The last one that I seem to be ...

james16 Chart Thread

Mike, I Get It Now — Awhile ago I posted my prospective trading plan, and I mentioned that I was planning to adjust my position size for non-A+ trades, and Mike suggested that I just pass on them. I didn't respond because I didn't have a good ...

james16 Chart Thread