Pin Bar System

[pocrel]

Afternoon all back in london today so trading tomorrow, and i just want to say a big thanks to all for participating in the thread it makes for interesting reading when i am away
i know some people post a few trade and then never follow up with maybe a chart or even if they made or lost on it so can i please ask people who post a trade dont be afraid to post a loss these are inevitable in trading

As for gelly great stuff mate and as he pointed out if you play the % game correctly you will be way ahead when a small pin kicks in and it takes off

everyone one should only be risking the same % on each trade no matter the size of the pin, so if you take a half off at 1 to 1 and leave the rest run till pivot then your way ahead of the game, just like you can see in gellys example

 

[jm4x]

Afternoon all back in london today so trading tomorrow, and i just want to say a big thanks to all for participating in the thread it makes for interesting reading when i am away
i know some people post a few trade and then never follow up with maybe a chart or even if they made or lost on it so can i please ask people who post a trade dont be afraid to post a loss these are inevitable in trading

As for gelly great stuff mate and as he pointed out if you play the % game correctly you will be way ahead when a small pin kicks in and it takes off

everyone one should only be risking the same % on each trade no matter the size of the pin, so if you take a half off at 1 to 1 and leave the rest run till pivot then your way ahead of the game, just like you can see in gellys example

Welcom back! I bet you have fish N Chips with the malt vinigar splash tomorrow for lunch. Ha just a guess. JM ps Gelly kept the shop clean and swept up.

 

[pocrel]

Morning, trouble with livecharts this morning so please get figures direct from http://finance.yahoo.com/q;_ylt=Ah75KIC5NSpK6xOX7z_8If67YWsA;_ylu=X3oDMTE5NnZwcWV1BHBvcwMyMARzZWMDbWFya2V0U3VtbWFyeUluZGljZXMEc2xrA2NhYzQw?s=^FCHI

put in yesterdays range high, low and close

your auto pivot should be fine if you use UWC to calculate pivots

use oilngold.com for gold silver a crude, brent need s to be done manually

i will leave things shake out till 830 and trade from there

lets hope we have a good day

 

[pocrel]

trade alert order to long wti

 

[pocrel]

trade alert order to long wti

 

[pocrel]

my long order kicked in on wti so long now 98.75 stop 98.49

 

[pocrel]

i am currently long crude wti, but brent is setting up for a long also gold and silver too

 

[robjones]

I got my PP off livecharts are theses OK ?

 

[pocrel]

I got my PP off livecharts are theses OK ?

i see the site is back up up now so they should be fine, pivot are all fine on livecharts, except for gold

actually my mistake brent is not a setup

 

[pocrel]

ahh just had a computer crash and lost all my lines, need to sort it out very annoying

 

[pocrel]

i am currently long crude wti, but brent is setting up for a long also gold and silver too

-26 full point on wti

 

[robjones]

I am looking at possible long on UJ and a short on DAX anyone else ?

Update not now valid as I write this

 

[pocrel]

trade alert short dax now

 

[pocrel]

trade alert short dax now

chart

 

[robjones]

trade alert short dax now

snap

 

[robjones]

Dax stopped out

 

[pocrel]

same here -15 full point on dax

 

[pocrel]

trade alert order to long eurusd

 

[pocrel]

trade alert order to long eurusd

chart

 

[pocrel]

chart

View attachment 116474

euro order got cancelled pin low broken