Im long at the moment, I'm looking for it to break long and fill the gap, sooner rather than later. 1HR 62ema is in the way though.

Cable Update (GBPUSD)

Thankyou for enlightening me as to your methods Tony. I understand that compounding and leverage when mixed, are a potent combination. If you start with a thousand make 5% a day in forex for 19weeks you end up with well over a million. It is ...

Virus System

Tony, thankyou for your swift reply. "Also, in my above post i meant to say EG instead of EU, apologies" With reference to that specific trade with the EG . . . I know there is no "stop loss" your stop is in reality a margin call, but was the "point ...

Virus System

Tony, do you add the extra lots when you see a setup that you like on a lower timeframe or how do you add them ? Do you wait for the break of the trendline and then enter straight away or do you wait for a break and then a re-test with PA ? I have ...

Virus System

Dave is a great trader and guy, and has definately achieved Rockstar status over the PF

james16 Chart Thread

Good to hear you are returning to the battlefield Monday. Your words caught my eye in the Cable thread on numerous occasions. I just found your journal today and look forward to reading it. Continued success in 2009 sir, and Godspeed.

steelhead trade journal

First of all, thankyou for the kind words. Secondly, I agree. If I did not see the weekly pin bar, there was no way in hell I would have even thought twice about said pin bar, it truly was not great both in terms of form and location. Nice trade ...

james16 Chart Thread

Heh, ever so kind of you ghous. Fifteen minutes ! thats dedication . Sneaky LAN operator trying to get away ! Ah, I think I see how it went now, so you let the pin bar break down and then caught it on the retrace at the 61 level with small stop ...

james16 Chart Thread

Looking forward to seeing your chart to aid in my understanding of your approach on that one. Hmmm, nice trade it worked out to be. I was mulling this one over at the time of the 4HR Bar close as a pin bar. I really REALLY wanted to get in early on ...

james16 Chart Thread

Why thankyou kind sir, some of my best work (in all seriousness im a major fan) Yeah to be frank I will be looking to short the GBP all week before Christmas and I begin my yearly routine of attending family parties and abusing chocolate. Pb on ...

james16 Chart Thread

Anyone take this on last one hour PB on the G/J ? ( not the one highlighted in red ) No bad news on the G until tuesday so im hopefull this has more to go up. Chart One - Hourly chart, I took off a majority of my position at around 133.50, due to a ...

james16 Chart Thread