4 Hour for you Jaroo — Hey Jaroo here is a 4 hour Euro. I'm in short off a 5 min bear flag. Also it might be presumtiouse of me but I think you would like to look at another trade I took tonight. The kiwi hit a good ppz then made a dblh ...

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stop loss — I think he means 10% ie 27 pips is 10% of the total range 270 Great post man! The nail on the head 100 and 10%. That last section is I feel sooooo strongly about. If you pull the trigger enough times YOU WILL have the ...

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Bundy, Good post. Account preservation is my no1 goal. Good point about multiple positions going against you at the same time to. ie whats my total risk at this time? Speaking of that... how do you determine which pairs are correlated? For example I ...

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@ Hipster thanks for the encouragement. I have no exit plan/target, I'll make it this weekends home work @ Ghous ... glad I'm not alone in my struggle for an exit that fits ourselfs. I would say you made 150 pips. That the trade went 100 pips. ...

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Sorry to all, I didn't mean to get to off topic on this thread. Mike pm sent

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Hipster — I did get in this one and wanted to hold longer. But I took my money at 1:1 and ran. The question that bugs me is why would I loose my never after 3 bars (on the 4 hour) and yet on GBPJPY hold for over 366 bars and counting?? Worse I ...

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Exits — Hello all. Great post seeking I'll read all those links before work today , thank you. MBQ Style exit.....I would like you guys take on exits again. I'm in the bgpjpy daily pin. I entered on the 5 min.. because I saw the bounce from ...

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Trades Chair — Great thread Follow the advice of phantom of the pits.... get a good glide rocker lol

Lower back pain and your forex chair...

Time to give thanks — Want to second the give thanks motion. Jim, Mike & Crew for validating the stuff we see is legit. For the confidence that you can trade pure PA and that 15% a year is attainable. Watching you guys grow in your craft is ...

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Thank you for the fast response Mike Yes that should be something

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5min chart true story.... — I know you guys don't know me from a man on the moon but I want to give back. It is one reason I started posting here after lurking for so many months. The other is want the companion ship of fellow traders. While ...

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PinBar Throw Back — Mike, please tell me if this an example of the advanced pinbar entry concept you were talking about yesterday? I pin bar or other pattern off a throw back? Found this example in 1991 UJ dailies. Thanks in advance Jason

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Question on PB entry — Follow up, I did not use RSI on those trades I just posted. Only added it to show ryanmcd that I understand the theory behind it. Mike I noticed that you used a delayed entry on your pinbars. Do you do this to increase ...

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Ryanmcd — Hello Ryan, I sent you a pm saying thanks for your charts. To say I never read your charts is not correct. You use the 50 simple MA and the 21 EMA to define the trend. You use PA to buy dips/ sell rallies. If the PA set up ie pinbar ...

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Hey Mike, Thanks for the fast responce! My data feed hasn't opened up yet but am looking forward to seeing all these new gaps you guys are talking about. I coded trading systems for years but could never go with it because it left no room for ...

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Discretion vs Rules — Question for the vets, How do you determine which part of your trade program is discretionary vs rule based? This is the one question I have struggled with for years. Does it all come down to personal choice and what ...

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No problem Mr.Smith, I kinda had a feeling it was based on feel. The fact that it is a trade that most people would not take makes is sound like a good setup. The real Thing said something in his blog that struck a cord with me. An old pit trader ...

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Back Test — Hello all. Just a few things I have found over the years. 1) if doesn't work in the past , odds are it wont work in the future. 2) if it did work, it can quite working anytime in the future. 3) some things work for a while then ...

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That is great to hear Tiki! You inspire me, please keep up the good work.

Tiki Trader Trades

Ryanmcd — Thanks for the broker tip. less than one pip spread would make a big difference. I traded the Friday EURUSD session on 5 min. as well and even took some of the same trades you posted in your chart. The one spike out of that bull flag ...

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