It wouldn't be for me, I can assure you! It would just be refreshing to see some of these trades in real time, don't you think? Hindsight is a wonderful thing.....

james16 Chart Thread

Okay, I will stick around for the time being. I want to believe. I really do. Incidentally, Mike has gained my respect in a number of comments he has made recently - including his thoughts on stop losses. I like his thinking and his clarity of ...

james16 Chart Thread

I don't win over 90% of all the trades I take - even the more picky long term trades I do. When I first started off, I had $50 in an account which I wanted to test to see how many trades I could win without losing the whole account. I only bet $0.5 ...

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No, don't apologise Donkey, I am grateful for your genuine imput. Thanks Donkey (and others). Perhaps, you are all right. I need to go through everything again. I'm probably jumping a number of steps. Bloody hell!

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You know the more I looked at this trade, the more I liked it. I think this was a very clever trade. Thank you for explaining the fact that the pin bar closed above 1.39 - an important factor in your trade physchology I think. That and the size of ...

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...by the way, I did the exact reverse. I shorted from this resistance. Just thought I'd mention this.

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Thank you for the detail Jim. KR

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Hi Bidc, I can see you have a good heart, so thanks again for posting. Incidentally, I liked your acronym. I am sure, positive in fact, that some people here have taken the wrong price action set ups despite good confluence factors. Maybe the eyes ...

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Look bidc, I know you are trying to be helpful and I appreciate you posting but.... I've done all this (more times than you will know) and I have more questions than answers. More technical than anything and to do with stop losses and exact entry ...

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Exactly. These are the type of trades I would normally take - low risk/potential high reward. In my endeavours to learn new information, I stumbled accross this thread and as of today I have more questions than answers. We shall see if this remains ...

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Adi: I was thinking more about price (least resistance, set up, timing etc.) and his trading attitude. He took a loss and moved on - no big deal. Obviously, you read his book, so you should have understood this. Others: I can see how my earlier ...

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Okay, thanks for that. You know Supreme, you were a little unfair on me the other day. I would just say that I see no reason not to play a buob on a retracement with smaller stop loss (below support) before it triggers. I've done the same with ...

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Fairplay — Yeah, I screwed up - apologies. It didn't trigger. I accept this Supreme. I was trying to get in at a better price on the bueob and took a chance. I have only myself to blame. After a retracement, do you have a maximum number of ...

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eur/chf, eur/usd — Well, that's that! Both failed on the weekly bueob despite textbook price action on eur/chf. Pinbar's stop loss (at support) should have held, but it didn't. There was no reason imo why this should have failed looking at ...

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Bemac, thank you for responding. i'm on the move today so can't write much, but i've been wondering if you use s/r for stops, why do other members use full bar stops (e.g. boeb) which are often below r/s points? Also, do you ever trade the dibs ...

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Thanks Mike. So basically you are saying you trade to make a profit (any profit) every time no matter how big the stop loss is, as long as your risk remains constant. Do you at least let some of your trades run, even if it is a fraction of your ...

james16 Chart Thread

Great posts Mike. What a day it has been today! Could you elaborate on: "R:R doesn't mean anything to me I pay no attention to it" Does this mean you get to breakeven and let your trade ride as a free trade, or something else (e.g. you trade up to a ...

james16 Chart Thread

PLEASE!

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I would suggest the weekly is on your side also, isn't it? Looks like USD will be making new lows, before "they" take us down (stocks / commodities) towards the end of the year. Please also review monthly trend lines. By the way, this US budget is ...

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Respect — Personally, I have great respect for Pinbar because he had the balls to call a trade BEFORE it happened. It's not "giving somebody a fish" (although we all need nourishment to trade, don't we?), but he believed in what he said and he ...

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