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- PippingMama replied Feb 19, 2010
Love this post so badly! It clear my head alot more! Thanks! PM
james16 Chart Thread
- PippingMama replied Feb 19, 2010
Hello Mike, When you mention about using the false breakout on intraday trading, what timeframe and which pair do you used to trade? Thanks! PM
james16 Chart Thread
- PippingMama replied Feb 18, 2010
GBPUSD False Breakout — Hello Mike or any experience traders, Do you like the 2 day false breakout on the GBPUSD? I saw this kind of pattern happen over and over, but never have a chance to pull the trigger on my live account. Do you guys ...
james16 Chart Thread
- PippingMama replied Jan 27, 2010
Hi there, I use this exact strategy most of the time when the trade is not rated A++. You will get some breakeven trade more often but at most important it is worry free trade. Thanks! PM
james16 Chart Thread
- PippingMama replied Jan 27, 2010
Hello Dan, can you tell me why you pick the entry at the low of third inside bar? (is it always better to set the entry around middle ones of the inside bar?) Also where is your stoploss when it break out? I have feeling playing inside bar is ...
james16 Chart Thread
- PippingMama replied Jan 25, 2010
Hello Jarroo, I have question regarding the break of the weekly pinbar on the EURAUD, acutally I checked my Oanda chart, the price has already reach 1.5740 on Sunday. All other broker like IBFX or FXpro does not show the move because they opened ...
james16 Chart Thread
- PippingMama replied Jan 22, 2010
Hi Nathan, Thank you for your advice! I should have sticked with my plan. You catch my emotion too. I should keep in mind. Thanks and have a nice weekend! PM
james16 Chart Thread
- PippingMama replied Jan 22, 2010
Hi Mike, I played the break of the BUOB on EURAUD but market seems pause at the break for so long. I decided to closed the trade with few pips profit. Just don't want to wait over weekend and any unexpected happened. If next week open, will you ...
james16 Chart Thread
- PippingMama replied Jan 21, 2010
Hello Mike, Miss the 4hr, and the Daily bullish bar will make me take the trade too. Thanks! PM
james16 Chart Thread
- PippingMama replied Jan 20, 2010
Hello Dan, For the USDJPY, I was thinking it is good but after careful analysis I decide to remove my buy order. The reason is I find the break of the USDJPY requires to break a weekly ppz. but the BUOB is sitting on just a daily ppz. I was waiting ...
james16 Chart Thread
- PippingMama replied Jan 19, 2010
Hi Pip, Looks like 61.8% retracement align with 6400 round number. It will certain be a good area for early entry. I am thinking if take the break entry for this one, the resistence below is too close and easily get stop out. I like the location so ...
james16 Chart Thread
- PippingMama replied Jan 19, 2010
Hi, Feel the same too. Also daily close is DBLHC, and close above the 1.03 level. Better stay out for this 4hr candle even it look nice in terms of size and shape. There is always good trade around. Anyone look at the USDJPY, BUOB bar?
james16 Chart Thread
- PippingMama replied Jan 15, 2010
Hello Jaroo, Good point! I find the same here when I am about to take a trade and feeling I need to watch so many too many possible highs and lows of the bars around that might cause the resistance or support, or concerning some possible pattern ...
james16 Chart Thread
- PippingMama replied Jan 15, 2010
Hello Dan, I feel the same too when trying the touch trade on the real acct, the win ratio is quite high with PA trades, and it is really a mental difficulty to try the touch trade. I watch the 1.03 level too on UCAD and I was tempting to try it too ...
james16 Chart Thread
- PippingMama replied Jan 6, 2010
Hello Mike, I found 1.4800 is a strong support when I look at weekly chart and it does show quite some resistence around year 2002 and as support around 2009. Do you think it ok to consider the ppz is strong enough? I just found it could be a good ...
james16 Chart Thread
- PippingMama replied Jan 6, 2010
Nice ECHF Pinbar — Hi all, ECHF 4hr Pinbar 1. Important PPZ at 1.4800 2. Strong Divergence, 3. Nice pin bar size First trouble area: 1.4850. Do you guys like it? PM
james16 Chart Thread
- PippingMama replied Dec 30, 2009
Hello Kiss, I feel the same with you that I rather take the PA trade instead of the touch trade Your mind will favorite more on safe side that when you have no loss trade for the month base on J16's PA trade, why you want to risk to take a less ...
james16 Chart Thread
- PippingMama replied Dec 15, 2009
Hello atclarkson, The best approach I like to do is I would like to take profit for half position and use the profit fo the stoploss for the rest of the position, that way you just have a chance lose all the profit or you might have more profit at ...
james16 Chart Thread
- PippingMama replied Dec 14, 2009
Hello, Taking this is ok but you obvious find it is too choppy already. Also the price is ranging in a potential triangle area. What you risk is much less that what you could possible gain for. Try to think about the potential reward, you might want ...
james16 Chart Thread
- PippingMama replied Dec 14, 2009
Hello Nasir, I have a personal advice on those demo trade. It is no harm to test on demo, but it won't give confidence at all when you go for actual live trading or large position. The problem of demo is will give confidence on some of the low ...
james16 Chart Thread