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- 683 Results (682 Replies, 1 Comments)
- rustyjeff replied Sep 17, 2009
I tend to look at it like this.. If you are the type of person that allways needs to why?? how does this work? then you might not be comfortable trading until you have answered thes questions.. If you are a type of person that doesnt care.. dont ...
james16 Chart Thread
- rustyjeff replied Sep 17, 2009
I have an Aussie mate here who is going home for Christmas with his family of 4.. He keeps asking me when the US dollar is going to get stronger.. I said, at this rate its going to be on par by then. he is shitting himself..
We both came to the ...james16 Chart Thread
- rustyjeff replied Sep 16, 2009
yep thats it... edit... i mean "pin bar introduction"
james16 Chart Thread
- rustyjeff replied Sep 16, 2009
agreed.. I took this at the close of ny. I do these sometimes.. I like the way the euro will tend to drift towards the closest 00,50 after close of ny.. since it didnt make 4750 & the most recent high 4718. I took a 61 retrace of the final down move ...
james16 Chart Thread
- rustyjeff replied Sep 16, 2009
Thats where I had mine..91.75..didnt get filled. so played the pin as was..
james16 Chart Thread
- rustyjeff replied Sep 11, 2009
good luck.. what was your entry.. I wouldnt mind shorting off 67
james16 Chart Thread
- rustyjeff replied Sep 10, 2009
we all find our own way.. & you certainly look to have found yours.. I tend to trade shorter term than you with the occasional runner.. I also trade a lot less pairs now than I used to..but the ones I trade I might take more B & even C trades than ...
james16 Chart Thread
- rustyjeff replied Sep 10, 2009
thats fine.. It went right to the first area. (as you have marked on your chart). this is where I went to break even..79.25
it may work or may not. but i wont loose... I agree that you would want a better location for a longer term trade. but ...james16 Chart Thread
- rustyjeff replied Sep 10, 2009
here is one for Ben.. Aj buob on 4hr.. Wait for pullback to round number..
james16 Chart Thread
- rustyjeff replied Sep 6, 2009
hey Ben, Its all pa & s/r.... dont get caught up in boxes.. They look good but they are just more shit on the chart. You are allready doing well.. but i feel you are now getting caught up in the spiral of this is easy... now I will find something ...
james16 Chart Thread
- rustyjeff replied Sep 5, 2009
Well I just dont look at it as much & There just are less trades that I like to take then so I dont worry about it too much. Also If I have had a very profitable morning (more than normal) I will just stop trading the rest of the day.. I find it ...
james16 Chart Thread
- rustyjeff replied Sep 5, 2009
Oh.. sorry. I trade the US session.. I am asleep for the euro open. So I trade from 730-800 est. to 5pm generally speaking.... I live in florida so gmt-5. i tried at the start getting up for euro open like mike does.. couldnt do it.. If i enter a ...
james16 Chart Thread
- rustyjeff replied Sep 5, 2009
If i understand you correctly, No I dont limit myself to 5m tf.. My main charts are 4hr.. I check daily charts daily & weekly charts weekly for trades. too. I have 3 strategies that I use. One.. is based on the daily tf. 2.. is based on the 4hr with ...
james16 Chart Thread
- rustyjeff replied Sep 5, 2009
thats exactly what i mean... In fact.. I posted both those pins in my journal in the pf... First was off a 50, the 2nd @ 1.4300 look at obvious they are... if that was a daily chart would you hesitate???? We can still be picky on the 5m.. I am.. i ...
james16 Chart Thread
- rustyjeff replied Sep 5, 2009
Specificaly about the euro..... Basically the bigger the round number the bigger the physcology behind it... There are so many people, companies banks all over the world trading the pair & all for their own reasons.. long term trades are based off ...
james16 Chart Thread
- rustyjeff replied Sep 5, 2009
Hey Ben..... Again you are noticing ways to use pa.. awesome. as you get better & more practised with pa you might not call them blind entries anymore.. The euro is my favorite pair to trade & so I know it well.. It will do what you have pointed out ...
james16 Chart Thread