demo to live: price action trading

scales

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i can just tell there's some folks saying 'not another pin bar noob'

Whatever, the point of this journal is for me to follow the james16 steps, to trade profitably for 3 months on demo before going live.

i will be trading daily/H4/H1 charts, i use the 8/21 ema for help with trend/momentum, along with that i use support/resistance and trendlines.

As of now i am fairly new to this method, but i believe it gives good risk/reward setups and a good win rate, an overall profitable system.

the setups i will be using: pin bars, inside bars, and nial fuller's 'fakey' setup
 
My first trade: SHORT EURJPY @ 110.42
STOP 111.08
TARGET 109
R/R about 2/1
reason:H1 large pin bar formed at resistance
 

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Which bar do you mean Scales?

Good luck with the journal.
 
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