Hey squeezy, Here you go... I'll now move my stop a few pips below the round number. Good chance it will hit it and bounce again, so I am ready to take a very small lose and see what happens. The main trend is up, and the 0.85000 is an historic key ...

james16 Chart Thread

If a pullback will occur and I will get stopped out, I won't enter again. For me that will mean that there isn't enough momentum - you can easily get stuck with the mess price is making now above the number plus the number itself that can be a ...

james16 Chart Thread

Yea..it was tricky. The 0.85000 round number is right above the resistance trend line of the pattern. When price broke that number without retracing immediately, I knew it may never pullback to the trend line (it will act as a strong support, ...

james16 Chart Thread

This day is really slow... Did anyone take the AUDUSD breakout pattern from Friday? It eventually started moving today with that large DBLHC Ben

james16 Chart Thread

Yea, the ides will always remain the same. PA with S$R - only different styles of doing it. Like you say, it's trading breakouts and reversals, which I have other and more comfortable ways (for me) to do that. This way of thinking can be better for ...

james16 Chart Thread

Update — It retraced a bit during my time at school. Didn't stop me out. Now I have even more confidence in this to be a longer term move Hope everyone is doing well Ben

james16 Chart Thread

Yea I have thought to my self something similar yesterday. I already have things that work for me good enough... In addition, I barely have time these days to think about trading. Next week I won't even be at home (going out with school for a one ...

james16 Chart Thread

Second example — Just scrolled back on the 4H chart and found this within one minute. Ben

james16 Chart Thread

Hey Aaron, you are right about the boxes. I am not planing to start trading a real account after an exact amount of demoing months. I will do that when I feel ready. In the meantime I'm just saving money and practicing. It is more like a journey ...

james16 Chart Thread

I get back home around the time you start trading, nice. So basically I only need to be more conservative during the Asian seasson. Thanks for the reply Jeff Ben

james16 Chart Thread

I think I didn't ask clear enough I mean, do you trade the 5min chart only during London season? Are there any certain hours during the day that you will never enter a new trade because lack of activity or some thing like that (night)? Ben ...

james16 Chart Thread

hehehe sounds great means I'm on the right track with this if you took that pin as well. By the way, do you limit this TF for specific seasons? which? Thanks for sharing buddy Ben

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The basics of the new method — ok so I have began my back testing on this, and wanted to bring one example of how my though process is going currently. I have just combined all the factors Aaron and Jeff pointed out, and found this setup. The ...

james16 Chart Thread

Hey Jeff, It is very cool I can get all these advices from you and Aaron, as people which are doing it for years and know what works. I highly appreciate that This is exactly what I was speaking about here: url I'm glad you can confirm that ...

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Hey Eclipse, I can't see the whole chart, but from here it seems like trading against a very sharp move down. It can be also just a pause bar, rather than a reserval bar IMO. I also would like to see the bar itself much bigger, or at least the close ...

james16 Chart Thread

Thank you Aaron for your comment. I appreciate it. You are giving me too much credit though..lol. Well...it's not completely my own idea. I saw Jim posts about placing a buy stop above a consolidation box, or sell stop below it, blindly. But I am ...

james16 Chart Thread

Hey seniors, I would like to hear what do you think about this. Sorry for the 30min chart. I have noticed it only after I boxed the areas, but it happens on all time frames. This can allow me to get a nice trade based on a very small pip stop. Ben

james16 Chart Thread

Personally, when I trade a daily chart, I manage it only on daily, and ONLY after the bar closes. That is simply because it helps me to prevent emotions. During the day there are tons of noise and up-and-down movements that can freak me out. At the ...

james16 Chart Thread

Well, this one did it's work eventually. Not clear enough for me to take...to be honest. Nice trade squeezy. Ben

james16 Chart Thread

Hi Aaron, I have read a few times that Mike and James ignore news, I think that it doesn't matter what drives the price, but it is more important how it has been drove. If I can trade regular without even noticing it, I don't need it. Thanks for ...

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