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Berserker replied Mar 3, 2014Cheers for your responses to my posts. It's good to know that we are all looking at the same trades/signals - it shows everyone is on the same page, and it's the finesse that we are all working towards. Congrats on your first month and being 1% up! ...
james16 Chart Thread
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Berserker replied Mar 2, 2014Looked at this one myself, but decided against it as I see downward trendline, which price closed outside of on Friday. Don't listen to much to me - I've been well off recently
image james16 Chart Thread
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Berserker replied Mar 2, 2014Here is one of my losers from last month - EURAUD. I entered on break of the pin two days after placing trade. Stopped out that day, as I only had my stop on the 61% retracement of the bar
image Looking at this now, I would think the ...james16 Chart Thread
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Berserker replied Mar 2, 2014Yes, still long on gbpusd. Have had my stop sitting below 1.66 all week, but moved it up to just BE on Friday after price seemed to rally a bit. For once my lack of meddling paid off, as price has been up and down on this pair. Thanks for the ...
james16 Chart Thread
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Berserker replied Feb 28, 2014I got stopped out on this trade on Wednesday after buying in on the IB that formed last Friday. If you don't mind, when did you enter the trade and what was your signal? Cheers EDIT: Bit more on why I took the trade, so others can critique if they ...
james16 Chart Thread
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Berserker replied Feb 28, 2014Brilliant stuff. Cheers Ghous for writing it, and cheers D for digging it up.
james16 Chart Thread
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Berserker replied Feb 28, 2014Thanks! Sure, will post a few charts prob early next week ( missus taking me away for my birthday this weekend
). No doubt I'll be embarrassed at a few of the trades a I took, but I think this is a worthy price to pay for some feedback from the ...james16 Chart Thread
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Berserker replied Feb 28, 2014After two positive months, just had a real stinker, finishing 230 pips down, which worked out at about 2% of my account. Looking forward to going through my month's trades this weekend - no doubt there will be a good number of weak signals, buying ...
james16 Chart Thread
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Berserker replied Feb 26, 2014I have been setting my stops behind the last SR area, and letting my stops take me out. This has seen me miss 40-50 pips per trade, so I have been thinking about setting set profit points, say a strong SR, or a good 2:1, 3:1 - sounds similar to what ...
Mastering the Art of Trading
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Berserker replied Feb 25, 2014Cheers Donaciello - it was the speed of the move that gave me the heebies. Guess I still have a lot to learn about forex
Thanks for that explanation tlindle. Lucky I do have some breathing room on my trade, or I would have been taken out. And as ...james16 Chart Thread
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Berserker replied Feb 25, 2014Blimey. I'm long on GBPUSD, and just after 3pm GMT I decided to have a look and see if I needed to move my stop up. Instead, I watched it crash about 60-70pips in about 10 minutes, threatening the stop I had moved up to the bottom of the daily ...
james16 Chart Thread
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Berserker replied Feb 25, 2014Cheers Mike. I've been making detailed notes on all my trades ( screenshots, reasons for taking the trade, potential trouble spots, exits spots, the plan, etc ), and I review at the end of each month. It's a very worthwhile experience as I usually ...
james16 Chart Thread
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Berserker replied Feb 24, 2014This is a quote from way back on page 550-odd of this thread! Think it's worth repeating as it's something that I am struggling with a lot at the moment - taking trades that aren't the best, feeling like I 'know' which way the market is going, ...
james16 Chart Thread
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Berserker replied Feb 19, 2014Just been stopped out of GBPJPY that I had open since 10th Feb. Bought off a great weekly pinbar, but I still have been following my stops on a daily(-ish) basis. Finding it hard to watch more than 50% of profits retrace, so that's usually where I ...
james16 Chart Thread
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Berserker replied Feb 18, 2014Been watching Gold ( and silver ) myself, after their big runs. I agree with the reasons you and Tail Gunner have given for not taking the trade. For me the lack of strength in the BEOB was enough to convince me to wait and see what happens next... ...
james16 Chart Thread
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Berserker replied Feb 18, 2014It doesn't matter whether you are looking to draw in PPZ's to your chart for forex, indices, stocks, whatever. A PPZ - Price Pivot Zone - is a point or zone where price has met resistance/support numerous times. The vehicle is irrelevant - they are ...
What is PPZ?
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Berserker replied Feb 17, 2014Yep - nice rundown from Gous
And thanks for pointing out the obvious re. the non-pinbar!james16 Chart Thread
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Berserker replied Feb 17, 2014Thanks for taking the time to give me a detailed analysis
It hasn't become a pinbar, but thanks for your observations - much appreciated. I guess what I'll be doing now is see if I get any good bullish signals.james16 Chart Thread
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Berserker replied Feb 17, 2014So what do we think of cable - Is this 7-day bull run over and we can now look for a retest on the weekly S/R level of 1.66? Should I go short if this pin bar holds today, or play it safe and wait for price to get back down before looking for price ...
james16 Chart Thread