Finished August Up — Still trading demo and after the first week of this month only been able to trade daily+ time-frames due to work. It certainly helps focus on the better setups. Have seen plenty of IB setups but just watching at the moment ...

james16 Chart Thread

Thanks Mike i'll take a look

james16 Chart Thread

More markets... — Hi All, Still in my demo phase at the moment and due to work only trading Daily+ TFs. I'm using Alpari Demo which provides about 26 FX pairs, Gold, Silver plus a few limited commodities oil, sugar etc. I'd like to demo the ...

james16 Chart Thread

Great post, it's very useful to see how you disect the charts, your use of price action and support/resistance for exits. What I struggle with is getting my head round the risk v reward. This may because i'm assuming you had a stop above the high of ...

james16 Chart Thread

Nice i'll add that to my reading list Currently looking at DIBS, Jacko, J16 and BillyRayValentine. I have a constant headache trying to get this stuff sunk in

james16 Chart Thread

Nice analysis thanks Mike that makes complete sense. I'm looking for bottom and tops with the slightest bit of confirmation and I want to take it. I'm not sure if this is fear of missing the move or lack of patience. I'm so glad to be back on demo I ...

james16 Chart Thread

Ahh gotcha need to look at the setup bar(s) in relation to recent price action, looking for a more powerful bar and without traffic/congestion. Thx

james16 Chart Thread

USDJPY BUOB — Hi All, Sorry if this setup has already been posted the thread moves so fast its difficult to keep track. USDJPY H4 a BUOB off a cluster of lows. I was looking at 90 and 90.30 as targets but in hindsight think I entered right at ...

james16 Chart Thread

Whoa I didn't even spot that TL on my chart! Looking at the daily am I right in thinking the possible bullish PB is in the wrong location. Even though it's bounced off .70 it's at the top of a channel and possible swing high with resistance at BRN ...

james16 Chart Thread

I see what you mean with the pin like bar off 1.63 on the daily. My reasons for not taking that would be PPZ at BRN 1.65 before a 1:1 risk/reward on the trade if you entered on the break of the high of the bar. I don't like the wick on top of the ...

james16 Chart Thread

I'd like to either see a pullback to around 1.1250 with a PA setup or break of 1.1 then a retest for a short entry

james16 Chart Thread

I'm watching this pair for a possible short but am waiting to see what happens around 1.10 first

james16 Chart Thread

That's what I thought. I looked at it and couldn't see the logic of a long under the BRN and wondered what I'm not seeing?

james16 Chart Thread

Hi vlazaf, Would this be for a short or long, it's just that you called it a bullish IPB? And a quick glance of the chart on the daily shows me two candles rejecting 1.65. Just trying to understand your view. Thanks, Dan

james16 Chart Thread

Another great chart example. What I'm starting to see more often after the fact is what you've posted in the chart, that there are usually a few indications of a move and more than one entry to get in. I need to work on my patience and psychology, I ...

james16 Chart Thread

AUDUSD Setup — Hi All, Sorry if this has already been posted haven't kept up with all the posts since the weekend. Did read Ghous's comments on IPB so I hope it's not relating to this setup? This setup caught me eye because of the possible ...

james16 Chart Thread

Yes i tracked all trades in Excel and SnagIt which was very useful. Well swing trades anyway, intraday was too much which was probably a sign of overtrading. Doing a bit of a post mortem today actually on all my accounts. I started in 2009 with ...

james16 Chart Thread

Starting over — Hey guys, I know I'm new to this thread but just wanted to share. I've lost half my account over the last 12 months and that's with most of my strategies breaking even and every now then doing something stupid out of ...

james16 Chart Thread

I took it from the 4hr chart aswell but got my stop to BE after price bounced of the TL and and PB on hourly. Stopped out flat. Edit: We're still below the daily open and haven't had a down day for the last 6 days so may work out yet.

james16 Chart Thread

Yes that's one thing I don't like about the 4hr timeframe, varying times for a new bar.

james16 Chart Thread