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- MattW replied Dec 17, 2009
Yeah that helps cheers
It's ok, I read from one end to the other - I miss all them trendlines
Mind you, it's your fault - you said on the J16 thread to read the first 30 posts! lolKissFan's Trading Journal
- MattW replied Dec 17, 2009
Hey Roger, I've been reading through your thread, hence the question on taking retracement entries on the J16 thread
Do you have any opinions on that? Are you discretionary in how you enter, or do you always enter on a retrace/break?KissFan's Trading Journal
- MattW replied Dec 17, 2009
That makes a lot of sense but then that leads to 'how can you tell'? What might give you an inkling on how to take it? Or do you simply watch price and see which way it's headed during the day (e.g. a daily BUOB followed by price heading straight up ...
james16 Chart Thread
- MattW replied Dec 17, 2009
Quick Poll for you guys: BUOB/BEOB - enter on the break, or enter at the 50% retrace? And if you enter on a retracement - what's your bar count limit? Must it happen on the next bar, next 2 bars, etc? Disclaimer: Yes, I know it's up to each ...
james16 Chart Thread
- MattW replied Dec 15, 2009
Did anyone get out of GBPCHF with profit or are you all still holding on?
james16 Chart Thread
- MattW replied Dec 11, 2009
Benji
You have become a master at this! Have you figured this out just from Racs posts?james16 Chart Thread
- MattW replied Dec 11, 2009
Yes there's two ways to play this breakout. Either take the break of your green lines, which encompasses the sideways movement of the last three days, or wait for a breakout and then play PA on a touch of the green line when price retraces after the ...
james16 Chart Thread
- MattW replied Dec 11, 2009
Bear in mind that we are still inside the box and price may well turn at the top - manage it tightly for now.
james16 Chart Thread
- MattW replied Dec 10, 2009
On the AUDJPY long did you see any PA or did you just jump in at the PPZ?
james16 Chart Thread
- MattW replied Dec 9, 2009
I feel sorry for you Triger as you've come in for some flak but I think the reason is your statements embody what we so often see beginners say and, perhaps over-eagerly, want to try and correct bad behaviour before it becomes ingrained. The worry ...
james16 Chart Thread
- MattW replied Dec 8, 2009
Mike made it easy for you - it's marked on his charts in the MACD

james16 Chart Thread
- MattW replied Dec 8, 2009
Different people play these in different ways (there's a surprise!). The conservative way to play them is on a break of the parent bar - that is, that bar preceding the IB. My favourite way to play them is on trendlines, like the AUD/JPY daily last ...
james16 Chart Thread
- MattW replied Dec 8, 2009
Ho hum. The further JPY gains strength the more I wonder where the best place to exit my AUD/JPY short is! I'm currently watching the 8000 level...
james16 Chart Thread
- MattW replied Dec 8, 2009
Mike, I know you like breakout trades. What do you make of the CADCHF 4hour? 9666 looks like an interesting area with some recent history...
james16 Chart Thread
- MattW replied Dec 8, 2009
I remember when the indices were falling last year the news were talking about support and possible places it might bottom out but I agree that there tends to be an aversion to technical analysis in the news. Maybe this is still a hangup from the ...
Silent Service Method
- MattW replied Dec 7, 2009
Hey WGM, I'm in on this one too, targeting the previous bar low - so you're not alone

Silent Service Method
- MattW replied Dec 6, 2009
BCE Pros: Good formation, pin size > 100 150EMA 27.00 round number 27.00 historical PPZ Increasing volume Cons: Counter trend Nose could stick out a bit further Conclusion: I probably wont play this one. I've set alerts on it to see how the week ...
The Stock/ETF/Commodity Pinbar Thread