- Search Energy EXCH
- 80 Results (79 Replies, 1 Comments)
- ricosta replied Jun 28, 2012
Are these all the PA setups? Is anybody here trading the Fakey as described by Nial Fuller?
james16 Chart Thread
- ricosta replied Jun 28, 2012
Organizing Charts — Tangent: If you have metatrader open with around 30 charts or so It becomes difficult to remember which ones are developing good set ups and which ones can be ignored for a week or two. I found it difficult to organize the ...
james16 Chart Thread
- ricosta replied Jun 22, 2012
Ok, thank you Chanya. So trailing very close and if momentum is strong we want get stopped out. If we get stopped we can reenter at the former s/l right? roughly how many pips above target you move s/l to target? Is there a place where I can read ...
james16 Chart Thread
- ricosta replied Jun 22, 2012
I agree, rather bullish on this setup myself. not much room for the bears.
james16 Chart Thread
- ricosta replied Jun 22, 2012
Ok, I understand now, thank you. However, these targets look awfully close to the entry and a decent s/l (on the other side of the LCS/HCR) will be multiple times the first target. Also I do see at the example that you are trading into areas with ...
james16 Chart Thread
- ricosta replied Jun 21, 2012
Hi Jarroo, may I ask you how you do define your targets? I have seen LL's and HH's with little lines on it, can you please explain?
james16 Chart Thread
- ricosta replied Jun 21, 2012
Gold — Silver anybody? Bearish trend long and short term Good momentum Broke 27.00 and is finding resistance at that level Wide open area miniscule pinbar Will put a sales Stop at 26.80 Do I miss something? image
james16 Chart Thread
- ricosta replied Jun 21, 2012
I love this example of divergence. Always have problems reading it on Oscillators but your example makes perfect sense. Thank you.
james16 Chart Thread
- ricosta replied Jun 19, 2012
I use a leverage of 100. At the end it doesn't matter as you only risk a percentage amount (between 1 and 3 is recommended) of your trading account. Higher leverage and larger stop loss get balanced with the lot size you do purchase. FI: if your s/l ...
james16 Chart Thread
- ricosta replied Jun 19, 2012
News — Yesterday I entered long at the IB (momentum, bounce at S/R, IB) but my s/l got hit after a fast move down. Although I didnt check It must have been a news announcement. Are you watching News announcements and take them into account? ...
james16 Chart Thread
- ricosta replied Jun 18, 2012
Thanks Dan, I went through a bunch of charts today and did re-mark them. It is much better to keep it clean, keeps your few on the price flexible as well. R
james16 Chart Thread
- ricosta replied Jun 18, 2012
Sure, see attached. the thread for the indi can be found here: url file
james16 Chart Thread
- ricosta replied Jun 18, 2012
Gbpusd4h — That looks like a retest of the PPZ with confluence from the Fib, the 150 EMA and strong Bullish momentum, No? image
james16 Chart Thread
- ricosta replied Jun 18, 2012
Newbie Opinion: Will not have any bearish thoughts on EUR/USD as long as its still above the BRN 1.25. Once it passes that it needs to clear some more noise but it will be worth a second look.
james16 Chart Thread
- ricosta replied Jun 18, 2012
Marking Charts — Mike, can I ask you something? How are you going about marking your charts? You are monitoring more than 50 pairs and every time you post one of your charts they look very clean. I am doing OK marking the weekly PPZ's but as ...
james16 Chart Thread
- ricosta replied Jun 18, 2012
One big eye opener for me was when I learned to better manage my trades. This is easier on the larger time frames as well. Now I always look for an opportunity to minimize my risk as soon as the trade is a few pips in profit (close half position, ...
james16 Chart Thread