Thanks for your thoughts. I'm also new to this system - that EURUSD trade was my third. I should probably have had a wider stop. I was going for the previous high, but I guess placing the stop there means I'm picking the exact turn around point, ...

Extreme TMA System

Yeah it was about 20 pips. Probably too tight, I guess I'm used to trading shorter time frames. I'm always tempted to have as tight a stop as possible though because the tighter the stop, the better the potential R:R. But that does involve picking ...

Extreme TMA System

Frustrating! I sold at the second yellow arrow, with my SL above the previous high (red line) and take profit at the TMA mid band (green line). Price reversed just to my SL before going down to my TP... I know that trade management is a personal ...

Extreme TMA System

Could be a possible trade coming up on USDCHF, but the downward momentum is strong. How can we avoid trying to "catch a falling knife"?

Extreme TMA System

Could be a potential short on EURUSD triggered soon, maybe off the 200 SMA.

Extreme TMA System

Thanks - the attached picture is the outcome of the short trade I took at the yellow marked arrow mentioned a few posts back, which was a valid entry at the time.

Extreme TMA System

Thanks for the feedback. You were right, it did bounce off the upper band (I ended up getting out at break even). I will keep that point in mind about how close the H4 slope is to 0.30.

Extreme TMA System

Went short on EURGBP.

Extreme TMA System

Thanks mate, that's really useful

Learn&Earn

Thanks for sharing your systems Whatever. Can I ask how you determine when to get out of a breakout/CCI trade?

Learn&Earn

This one worked out after some initial draw down.

Learn&Earn

Sorry if this has been asked before, but how do you determine when to adjust your take profit from 4 pips?

The Killing Floor

I thought I was getting the hang of this, but I've had a series of losing trades which has rocked my confidence a lot. I thought this last one had a good chance of success - I was expecting a NSH off a decent rotation at a key structural level. ...

Ratios & Harmonics: a Different Way to Trade

This would definitely be appreciated.

Price action trading - Trade like the pros!

Speaking of the 1.67 level of GBPUSD, 30M pin bar off strong support was good for a few pips. Edit: ha, looks like I was beaten to it.

james16 Chart Thread

Thanks. Reading the above posts and looking back at the past year or so of GBPUSD I think I see the type of "A+" pin bar. Also looking at the big picture I'm starting to understand the value in only taking the perfect set ups. Most of the pin bars ...

james16 Chart Thread

Thanks a bunch. It's great you guys have the patience to educate us newbies. I appreciate it. EDIT: does anyone know why I can't quote Jduester's full post? It seems to automatically abbreviate it to only the first sentence.

james16 Chart Thread

Yes I see what you mean. As you can probably tell, I'm still new at this. Thanks for your help.

james16 Chart Thread

GBPUSD — Could this be a potential opportunity to go long? Looks like a pin bar formed on support (1.62 level) and 50% retracement, though it's in traffic. Thoughts?

james16 Chart Thread

Hi everyone Just a brief introduction. My story’s pretty much the standard one. Started trading thinking I could make a quick buck using indicators on a 1 minute chart, lost money blah blah blah. You know the story. I stopped trading for a while, ...

james16 Chart Thread