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Berserker replied Feb 10, 2014I've moved to BE on this. I haven't got into taking partial profits, so will be interesting to see how this pans out with someone in the same trade taking Partials. My exit strategy is still a bit chaotic - I haven't really found my flow, so to ...
james16 Chart Thread
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Berserker replied Feb 7, 2014That's pretty much what I've been doing up to now - but only with the weekly. As I mentioned previously, I think I'll start including monthlies in my market overview, but don't want to get too involved for now.
james16 Chart Thread
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Berserker replied Feb 7, 2014Albus and Ghous - You're both right. I need to keep things simple and read what i see, not change it into what I want to see.
james16 Chart Thread
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Berserker replied Feb 7, 2014Thanks Albus - I remember mbqb11 also mentioning the danger of using a pin relatively small to the preceding bars. One thing I noticed, though, was the previous bar, the left eye - a smaller (bullish) inside bar. Maybe this was an indication that ...
james16 Chart Thread
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Berserker replied Feb 7, 2014I have exactly the same trouble and profit spots marked. Except I don't take partial profits, so I will be looking to tail a tight stop if we get over 1.53. I also liked the fact this level has been well-respected since August last year.
james16 Chart Thread
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Berserker replied Feb 7, 2014Thanks for well thought out and honest post! I'm 36 and it's taken me until now to get a hold on this failure/mindset thing - I spent my 20's and early 30's drinking and partying far too much when I should have been learning PA
- but that ( or ...james16 Chart Thread
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Berserker replied Feb 7, 2014Wow, lot of info there Donaciello in those two posts, a BIG thanks for taking the time to put all that down for me
I'll certainly read it a few times and ( try to ) digest it all. Chess Titans - interesting idea, I'll give it a go! I ...james16 Chart Thread
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Berserker replied Feb 7, 2014Yep, that monthly fib hits bang on my buy point. There's also the monthly 150ema there too. And price is stalling. You know, I never look up to the monthly when analysing trades, only daily, and weekly, pretty much, using the weekly to get an idea ...
james16 Chart Thread
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Berserker replied Feb 7, 2014I don't yet have the patience, or guts for the drawdowns, in monthlies! Good luck to you

james16 Chart Thread
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Berserker replied Feb 7, 2014EURAUD - Went long last night on daily close pinbar. Market has been ranging between 1.55 and 1.50 since beginning of December, and we had a long pinbar of the bottom S/R. Had to put in a big stop, so had to drop my price per pip to keep within my ...
james16 Chart Thread
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Berserker replied Feb 7, 2014So does this mean you only look to take max 60 pips profit per trade? Do you work with tight stops then and pull the trade if it heads towards BNRs? By the way, the NZDUSD trade that I took, and you mentioned it had a lot of traffic to get through - ...
james16 Chart Thread
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Berserker replied Feb 6, 2014Not sure about your top trendline as it only touches off two points- but I think the 365ema is doing a good enough job of forming it for you. If you look at the weekly, I think you are correct in that we have a triangle forming though, and price is ...
james16 Chart Thread
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Berserker replied Feb 6, 2014Yes, that all makes sense, thanks
I was being a bit tongue in cheek though when I mentioned adding three pinbars together to equal one
- I tend to take the same view as you - I guess I'm looking at the bottom of the pins as a double/triple ...james16 Chart Thread
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Berserker replied Feb 6, 2014Thanks for your analysis Donaciello. I need to pay more attention to BRNs in my own analysis, I always forget to factor them in, until my trades stall at one of course
I'll be waiting to see some sort of definitive PA of this current ...james16 Chart Thread
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Berserker replied Feb 6, 2014Thanks for your answer, appreciated
If you don't mind, what would be wrong with playing a daily signal of either the bottom of the range or a retest on the triangle? Would you not consider this a safe/probable enough move? Cheers!james16 Chart Thread
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Berserker replied Feb 6, 2014Here's a weekly chart of GPBUSD. I'm thinking that we are going to hit the downward trendline again for a retest soon - would anyone play this and if so, how? I would be thinking of looking at PA around this trendline on the daily charts. Should i ...
james16 Chart Thread
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Berserker replied Feb 5, 2014If it closes like this, then it looks like you have an inside bar, so my guess would be to play it like an inside bar and place your entry accordingly - If you have a bullish bias go for entry at the top of the inside bar, and vice versa for a ...
james16 Chart Thread
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Berserker replied Feb 5, 2014I put this order in at work, so I didn't have my "Traffic and space" post-it note to remind me of your good advice!
But seriously, I'm starting to realise that when I see something I like the look of I immediately tend to get a bias towards it, ...james16 Chart Thread
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Berserker replied Feb 5, 2014I was keeping my head down as I'd gone long on NZDUSD
Saw it a bit different from yourself - I saw a long uptrend: image And going down to daily, I saw a fake out of the recent sideways channel and bought on the break of the 150ema: image james16 Chart Thread
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Berserker replied Feb 4, 2014Tail Gunner, you're exactly where I want to be in 8 months time - I hope I too can have the patience to not go live until I'm ready. Thanks for your words of advice, "Traffic and Space" - another post-it to go on my trading station

james16 Chart Thread