I don't have any rules. I use common sense on each trade to enter and manage it. But the tools are always the same. Check this post: url Ben

james16 Chart Thread

Crap? is it crap to know what you are doing? Yea, I care about logic. No, it doesn't drive me nuts at all. Think about what you are doing. I don't care if it works most of the time. It isn't about making winners. It's about psychology. I want to ...

james16 Chart Thread

Update — .

james16 Chart Thread

The direction of the fibs doesn't matter. The 50% will always be in the middle Ben

james16 Chart Thread

Thank you guys for the comment. But unfortunately you are missing my point. At this stage I do not care about what works ant what not. I didn't even look if the div worked on my example chart, I just searched for a double MACD tops and a higher ...

james16 Chart Thread

Hey Josh, Thanks for sharing this. I think many appreciate it, and so am I. IMO there is nothing to say about the setup or your exit strategy at all. I can see more the effect of psychology involved here. Psychology is exactly all the thoughts which ...

james16 Chart Thread

Here is an example.

james16 Chart Thread

Yep. I said many times before that it's hard trading against sharp moves, and I did it myself By the way, it makes me think. Divergence used on trend reversals is quite reductions. It comperes the speed of past moves to the speed of the ...

james16 Chart Thread

It worked for sure.

james16 Chart Thread

Hey Mike, seems like it stalled around the 85 like we thought. Ben

james16 Chart Thread

Update — This ended as a lose for me. Price stalled at the first trouble area and turned. By that time I have moved my stop a few pips above the round number and took a lose of 0.6R (1.2% of my account). This is why I damn hate reversals. A ...

james16 Chart Thread

All I do in this current stage of my trading is testing. So I also try different things. This time there was a pinish BEOB off the round number on a lower TF, but the previous bar lows where too close. So I have just plaid a blind break of the ...

james16 Chart Thread

Yea I saw that 4H bar in the way to close as a great looking pin, much more powerful than the 1H. But I entered early on the 1H pin in purpose to get a smaller stop (better R:R) Now I have even more confidence in this trade after this 4H ...

james16 Chart Thread

A rac trade? Edit: ignore the other trade on my chart.

james16 Chart Thread

Thank you bundy and the others Ben

james16 Chart Thread

Uptades on my charts from yesterday plus new ones... — .

james16 Chart Thread

I think there is a quite good chance you will hit the 85. In this case you can just take full profit, or let a free trade run - according to your feeling. I just don't like trading against the recent move without a very obvious PPZ supporting me. ...

james16 Chart Thread

Hey bro, what's up? IMO the 84 can be a bit hard. I'm looking at this as well. Ben

james16 Chart Thread

Thanks master These are your posts. I am just following you man Ben

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Someone with me in this? Different entry strategy this time. Ben

james16 Chart Thread