Hi Inditrader What was your cue to place a buy on that GBP/USD even though it was on a down trend. I'm looking at my charts and I don't see it, can you highlight on your chart why that choice was made?

james16 Chart Thread

I'm still new but I'll give this a shot. Firstly, What time frames are you using Daily? all my trends for that pair greater than 4 hour frame shows the pair to the bottom of the channel. I am guessing you are in loosing on this demo trade right now, ...

james16 Chart Thread

Thanks Mike I think I removed the stop and did leave it to float. I was too busy to keep track of it. Could have easily got a margin call had this been a live account. So I risked like $500 to make $50 in 5 months lol, does not make sense does it. I ...

james16 Chart Thread

Heys guys, Have not been on here for about 6 months with school/work at all. I got a question...What is the longest anyone has held on to a loosing trade? I had this bad trade that I did on my demo account, it got like a big draw down but never hit ...

james16 Chart Thread

CAD/CHF trading a breakout? — Hello A chart was posted early by mbqb11 on the CADCHF pair. I was watching it and demo traded it using a BUY limit order just above the highest wick on resistance. So that position was at 0.9445 it was triggered ...

james16 Chart Thread

New Traders, AHAAA! Moment? — This is to all new traders. Have you ever sat down reading this huge thread trying to figure it all out then all of a sudden you get that "aaaaaahhaa moment" and everything seems to click? in other words u finally ...

james16 Chart Thread

Ive been watching the pair for sometime, as a senior member told me, its at the midpoint resistance level in the 1.0265 area in a big box if you look at weekly charts and it has failed to break through. That pinbar is in way too much traffic current ...

james16 Chart Thread

aha thanks for the clarification. if trends follow a definite pattern then the current 1.065 PPZ could also be a support of April 2012 turning to resistance area and the price is just as likely to go down..not exactly an A trade huh...why give ...

james16 Chart Thread

AUDUSD Weekly — I am looking at this formation on the weekly for AUD/USD looks like bullish sign BUOE however its at a major PPZ at the 1.0262 area. The top trend line has already been broken but the hourly keeps hitting 1.0262. Daily 200 MA ...

james16 Chart Thread

Looking Left on Brokers Chart History — Reading this entire thread is like a full time job. I have a question may have been asked before, but how far back do we generally need to "look left" on our charts for pivots and past trends that may or ...

james16 Chart Thread

AUDUSD — looks like 1.000 remained support for now. I was of the thought it would be heading to 1.200 resistance. I just watched how this one played out, didnt even demo trade it but whoever entered made a nice 150 plus pips..."Holy ...

james16 Chart Thread

AUDUSD parity — Honestly, this is the first time i heard of the term parity. The aussie is down to 1.0000 just like you guys said it would. I am glad I did not enter that trade earlier this morning. Thanks.

james16 Chart Thread

AUDUSD 8 hour DHLC? — anyone following the aussie? I need a more indebt analysis. Double high lower close just completed on the 8 hour chart, but there a small sorta pinbar that formed around the 25th on the 8 hour and daily charts.

james16 Chart Thread

I use Oanda because they suite me. I'm starting small and they have no minimum lot size which is perfect for a micro trader. I can even test with tiny 10 or 100 unit lots with no big losses to worry about. My first broker forex.com had micro lots ...

james16 Chart Thread

After I read the first 2 pages of this thread I dropped everything and stopped trading altogether. Took 2-3 years off, to absorb everything took notes paper traded etc.. last year Finally opened a demo account and got it profitable for 6months, now ...

james16 Chart Thread