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mbqb11 replied Aug 1, 2008Firstly congrats on your account performance. I will give my 2 cents on entries. I sum it up in one word. Consistency. That is for me, I want to be consistent. Because of this I play all my entries almost the same way. I am a very conservative ...
james16 Chart Thread
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mbqb11 replied Jul 30, 2008Here is a recent example. Example 1 we have a large nose pinbar. I look at it as a bigger reaction. Price made a heavy move away from the previous bars high, and was rejected downawards. This large nose IMO signifies a better pinbar in terms of a ...
james16 Chart Thread
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mbqb11 replied Jul 30, 2008Just be careful with the look of these bars. The ones with such a short nose like this are much tougher to play IMO. If you are new to learning pinbars(this is a general comment post), Look for the real obvious ones with a long nose. In this case if ...
james16 Chart Thread
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mbqb11 replied Jul 28, 2008I like the gbp/jpy IB best I have quite a few positions built up on gbp/jpy but this is a nice possible add on spot
james16 Chart Thread
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mbqb11 replied Jul 28, 2008Hey Crown, Careful here these aren't outside bars. That small bar that is making it look like an outside bar is the small Sunday Bar that is on some of the MT4 feeds(few hours when sunday trading opens). James says to ignore these bars, so just ...
james16 Chart Thread
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mbqb11 replied Jul 21, 2008cont'd here is the daily view, of the recent daily pinbar We have support that was previous resistance. An ascending Trendline. 60ema meeting up with price, and a retrace to a 23.6 fib. This is confluence. Pinbar is our confirmation. Now also look ...
james16 Chart Thread
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mbqb11 replied Jul 21, 2008Hey Grinder Basically we are looking for confluence multiple factors that support our decision making process. For example (this is a 1hr chart, but it is the only chart I watched today sicne I am going on vacation tomm). We have price retrace to ...
james16 Chart Thread
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mbqb11 replied Jul 18, 2008Hey Ghous, I personally don't believe in a manual trailing stop. That is I dont really believe that selecting some number like 35, 40, 50, is the right approach. Now this doesn't mean it can't work. I just don't believe in it. I personally manually ...
james16 Chart Thread
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mbqb11 replied Jul 17, 200810 years, you got me doubled! That means a lot coming from a vet. Yes a lot of the members use divergence along with price action. James loves divergence + double bottom/tops and PA. Money in the bank
Thanks again LizYet another pivotal point to my trading career.
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mbqb11 replied Jul 17, 2008It is under the guest section - guest material http://www.james16group.us
Yet another pivotal point to my trading career.
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mbqb11 replied Jul 17, 2008Thanks again guys, a lot of times I feel like I am just rambling away so its nice to get the feedback. I have done a lot more videos inside the PF. I will have to get another one up on the guest page. Even if you are not a member I am always around ...
Yet another pivotal point to my trading career.
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mbqb11 replied Jul 17, 2008LOL
thanks for the nice comments everyone, glad it can help 
Yet another pivotal point to my trading career.
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mbqb11 replied Jul 17, 2008This is really where you have to develop as a trader yourself. There are a lot of different ways to handle your exits. Are you looking to hold these longer term/ shorter term etc. One such method is too look for the PPZ to place your stops. An ...
james16 Chart Thread
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mbqb11 replied Jul 16, 2008putting any sort of timeframe on when you must become profitable is just not the right approach. That doesn't mean don't work just as hard etc. But IMO learning this business is worth it no matter how long it takes(excluding those that it effects ...
Time it takes to be a Successful Forex trader