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  #1041 (permalink)  
Old 05-29-2008, 12:27 PM
 

Join Date: May 2008
Posts: 8
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Quote:
Originally Posted by robincys View Post
The bar after IB formed, as long as the bar moved (not closed) above or below IB, u in.

learn from James, thanks.
Thanks, I understand one point, but one still confused, will the bar after IB move 1 2 pips higher/lower than the "close" of IB?
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  #1042 (permalink)  
Old 05-29-2008, 01:46 PM
 

Join Date: May 2008
Posts: 3
Smile we enter at the ib breack breackout ?

Opinion if im right or wrong
give a look to my chart the first red line is TP 1.9800 people like round numbers because we are trading with people not with robot. the second bar after the IB there is an up breack out so we enter in position buy.
if the 1st bar after the IB was falling down 2 pips below IB low we are stopped out never mind we take or loss but we restart to watch for another IB the simple moving average gives to you the 60 M trend on my chart came from up to down so its better all position are ???? short or long ???
give a look at the GBPUSD weekly and daily long term traders like bank's etc are taking profits because there is a big retracement
my candle its strange case because if you give a look better on my chart there is a blue line that line is news line so : dont trade during the news watch round numbers and ib breack out but over all the main trend ok ( simple moving average )
Please start to post your chart trade only the major start with only one
This is a symple system you will se .....
follows james rules ok
Rod
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  #1043 (permalink)  
Old 05-30-2008, 11:28 AM
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Superior Master Contributor and Member
 

Join Date: Nov 2006
Location: London
Posts: 676
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Hi there James here

Oh well may come's to a close and a good week was had by all

In the live room over the last 4 days some new members turned in 300 pips in 3 days some old members took over 500 pips and one netted 743

so a great end to the month next week there will be lots of news out so here's to a good June.

Regards

James
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  #1044 (permalink)  
Old 06-02-2008, 10:20 PM
Newbie
 

Join Date: Apr 2008
Posts: 34
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can someone teach me this system, I can't seem to understand it. How do I join the live trading sessions? Thanks in advance
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  #1045 (permalink)  
Old 06-04-2008, 04:52 PM
sirogreness's Avatar  

Join Date: Apr 2008
Posts: 3
Default 1 hour chart

when you guys enter are the stochatics on both 1 hour and 15 minute chart heading in the right direction? Or does the 15 minute chart only have to go in the right direction. Also, sometimes IB's form during the retracement. How do you guys avoid that to make sure it is going to move in your direction?
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  #1046 (permalink)  
Old 06-04-2008, 05:18 PM
KENNETH LEE's Avatar
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Join Date: Aug 2007
Location: Key West , Florida
Posts: 108
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The Stochatics is used only on the 15 minute chart. Hour chart is ONLY for a quick longer term trend reference. We normally are looking for IB's after a retracement to confirm the orignal direction. Good Luck Ken
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  #1047 (permalink)  
Old 06-10-2008, 05:04 AM
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Hi there


Dollar extends rebound following hawkish comments from Bernanke who said that the Fed will "resist an erosion of longer-term inflation expectations, as an unanchoring of those expectations would be destabilizing for growth as well as for inflation." On the other hand, Bernanke also played down the unexpected surge in unemployment rate shown last week and said that "the recent incoming data, taken as a whole, have affected the outlook for economic activity and employment only modestly." Also, he believed that "the risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.

James
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  #1048 (permalink)  
Old 06-10-2008, 06:02 AM
Newbie
 

Join Date: May 2007
Posts: 11
Default hi james

hi james this is Felix , can you send me the new password of the room , i sent you email
thanks
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  #1049 (permalink)  
Old 06-10-2008, 12:52 PM
 

Join Date: Mar 2008
Location: UK
Posts: 7
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Quote:
Originally Posted by alkhatarey View Post
hi james this is Felix , can you send me the new password of the room , i sent you email
thanks
That's felix ... always a day late and a euro short
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  #1050 (permalink)  
Old 06-10-2008, 02:44 PM
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Join Date: May 2007
Posts: 11
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you know mike how much i got from the E/u and usd/chf month ago , more than 1000 pips , so how much you got ?????????
i hope james you send me the new password thanks so much for your help
Felix
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