GBPUSD pin — Hello Giusepp8, I was looking to hold the long too but after watching Price I took profit on the long and went short. No shame in demoing by the way, its the smart thing to do imho. I mean if you don't have discipline to grow your ...

james16 Chart Thread

Corlation — Good point seeking. I did not know that GJ = long GBPUSD and USDJPY, looks like have some more homework to do. I have noticed that EURUSD and GBPJPY seemed to move in lock step. The distance of the moves were different but many ...

james16 Chart Thread

Spooked! — Hey Forex, man I don't know how else to put it. I am not a great trader by any stretch. I have never doubled my account in a year. The best I ever did was 34% and that was in the bull market of 1999. What I do seem to be good at is ...

james16 Chart Thread

patience — Ug! I guess I jumped the gun a little bit on this one. I must learn patience. Thank you Mike and Jarroo for the indicators.... periodcon and ej-candletime.

james16 Chart Thread

Sorry Ryan — This was not meant as slight against Ryan or his style of trading. If I offended anyone that was not my intent. Amen to safe trading was meant as to not risking 5 to 6 %! Defining a strong trend, then selling rallies or buying ...

james16 Chart Thread

Amen to the "safe repeatable trading". Happy Birthday Swami!! Jason

james16 Chart Thread

STOP! — I don't know a soft way to say this so I'm just going to say it. If you want to trade for a long time ie 10 plus years then you can't risk that much ever. If you risk 5-6 % its not a question of if you will blow out, it is only when. ...

james16 Chart Thread

GrassHopper — Hi libertao, The pattern you have circled is a pattern I call grasshopper. I found it in late 2001 looking at an AMD chart. First bar is down with close near the low. Second bar gaps up into the black body of the first bar. Then ...

james16 Chart Thread

Stradle — I have G/J, U/J, G/U straddled. Still struggling with not letting lower time frame setups spook me out of a position. The only position I have managed to hold is E/U from 1.3998. Spooks cost me 8% over the last two weeks. This more ...

james16 Chart Thread

I'm with you on this one, just waiting for a good entry. We had a one hour pin a few bars back. Thanks for posting Racz Jason

james16 Chart Thread

Nav — Hey Nav, will miss you around this week and congratulations on the mortgage! I would have to agree with Patrick, the no plan is bad. I'm still struggling with it, sometimes I enter and know after I hit 1:1 that there is a good chance ...

nAVINs trading trading journey

Hey Nav! I played 4 upside bullflags (triangles) yesterday. All 4 of my positions got stopped out, then moved higher. Lesson learned for me is you can be right on a move and still loose. Solution is either a) bigger stop or b) tight stop with many ...

nAVINs trading trading journey

Very insightfull — Your fundamental views are very insightful to me, thanks for sharing. Sorry to hear of your losses. The us market sold off hard as well earlier this week , normal bear market sell off. I saw some friends loose 75% in the ...

nAVINs trading trading journey

balls — Man...I have done best when after I make the play, set the stop, then go do something else. Otherwise you talk your self out of it. I don't like to loose either but if we make only good trades, then the loss is the cost of doing ...

nAVINs trading trading journey

That is sooo me last few weeks. Many trades I took lost my never and exit only to watch it kick but my way. I cut back on position size so I don't care about the loss this week and its helping. I don't know if this is your deal or not either but ...

nAVINs trading trading journey

Thank you Jarroo! — Thanks for the period converter. Man I spent two hours figuring out how to us it then read back on forum and you explain it! I had to read the read me inside the code to figure it out. Goes to show I should have just been ...

james16 Chart Thread

Thanks for the response Ryan and all! Look at my chart, I took two shorts at the red arrows. ie I don't want to fight the trend. @ GJ thanks for the input man and very valid. The thing is a lot of the setups I take are my own. They are not Pure J16, ...

james16 Chart Thread

Hey Ryan, Nice chart. I took two trades last night of the 5 min. First was loss 17 pip. Second was win. risk:17 reward:117. I used Mike's magic 8 ball for exit signal . My thought processes was ...Daily Trend = Down. Look for hourly ...

james16 Chart Thread

Jarroo, Thanks for the correction Up all night till 5 am watching the open follow threw and all. Double Bar High Lower Close! Thanks for the Period converter. I had been doing it manual in my head . When I saw that trade I got excited and could ...

james16 Chart Thread

Sonic you beat me to it. Please share your opinion of clear and present danger on the eur short? Thanks man! Jason

james16 Chart Thread