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  #64537  
Old May 21, 2010 9:14pm
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Quote:
Originally Posted by bundyraider View Post
Google sign today is a playable version of Pac-Man!!! How cool is that?!
....
Super COOL!
Playing Pacman without a family computer..... Cool-er
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  #64551  
Old May 22, 2010 4:55am
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Quote:
Originally Posted by HanSolo View Post
....
With that flashing and animation: You just need...
wow, Hans!
let's see if u will start a 'trend' here with those animated, flashy posts.
looks cool.
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  #64554  
Old May 22, 2010 5:37am
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Hans,
i think u are correct.
by animating the lines, circles, u are putting a little more extra time in preparing your charts/posts, so yes, it helps the brain assimilate better.

i just hope Sir jarroo does not request animated charts (similar to yours) from me from now on.
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  #64590  
Old May 23, 2010 7:06pm
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Quote:
Originally Posted by Dan Gilbert View Post
I finally have upgraded my office chair from a folding card-table chair, to the bottom level exec. chair i could find... the best $40 I have spent in a while
got a pic of both chairs?
in your place, is a $40-chair cheap or expensive?
i bet u'll replace that chair with a better one, once u get substantial profits
(back support & comfort is crucial)
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  #64609  
Old May 24, 2010 1:04am
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Quote:
Originally Posted by mbqb11 View Post
thanks for the info Joel
....lower back issues run in my family with my mother have 4 surgeries and is limited greatly in everything she can do....
wow, your mother is a trader too?!?!

Good decision Mike (& Dan Gilbert).
we should trade well & stay healthy at the same time.
i'll do the same (improve my chair) as soon as i can.
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  #64610  
Old May 24, 2010 1:05am
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Quote:
Originally Posted by joelcf View Post
$40 for a chair is pocket change for something you spend thousands of hours sitting on.
You can pry my Embody from my cold, dead hands. Or should that be ass?
...
oh wow, nice chair.
nice price.
but i bet HM chairs are worth it..
many thanks for sharing

(doesnt the chair get whacked around during the air travel/delivery phase)


Quote:
Originally Posted by joelcf View Post
That might be RRP - I imported mine from the US...
..
The OH&S girl at work...
OH&S?
at first i thought it was a office furniture store...
.....

ok:
OH&S = Occupational Health and Safety

Quote:
..The grey cat looked like he just tried to short the swissie. Not happy at all!
for the first time, u are wrong joel!
that cat is looking for pinbars at extreme swing lows
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  #64611  
Old May 24, 2010 1:11am
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Quote:
Originally Posted by joelcf View Post
Squats and deads with bad form (aka being a teenager) are pretty much how my back got so bad in the first place
wow, this guy is using too much non trading-related jargon

squats & deadlifts = leg exercises (deadlift mainly for thighs & back)

u are confusing too many people. who knows, people might ask u one day "what kind of PA setups are squats & deads?" hahah

Quote:
Absolutely man, most of the damage you do there is permanent - risk management seems to be the key to life
yup, the spine is part of the body's core.
it's crucial that we keep it stable & strong.
abdominal & back exercises will keep our back very healthy. no trader should make an excuse - all should do exercises.
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Last edited by supremeChaos, May 24, 2010 2:48am Reason: brunch helps
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  #64655  
Old May 24, 2010 9:13am
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Quote:
Originally Posted by Pinbar View Post
Skinfx & Jarroo
We can consider this a BEOB even with 5 pips difference in the highs?
I thought I read that 2 pips is the max allowable difference in any PA.
probably in skinfx's MT4 broker feed, the difference is only 2pips.
remember, price varies on each feed.

personally, i'll consider that a DBHLC more than a BEOB. (note: not at an ideal location; a possible continuation setup.)
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  #64657  
Old May 24, 2010 9:49am
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novice198,
Hello! im no guru... just a senior newbie
u passed on the trade for a reason. if u are not comfortable in taking such a trade, & u did pass on it, then i think u made a good decision.
perhaps, when u gain experience & consequently confidence, then in the future, who knows.. u'll be treating this particular trade differently & still come out ok.

yes, EMAs on close.
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  #64685  
Old May 25, 2010 12:35am
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Quote:
Originally Posted by g_j_hook@yah View Post
ignore my last post, at least i can post charts again!
i still cant edit the post though but im guessing its my java??
does anyone know how to (....) mt4 from showing me the chart iv saved ???or at least change it to the browser i use??
Hey jon,
still having problems?
more details please..
what platform are u using?
OS - windows XP, etc?
using a smartphone etc?

can u rephrase your above questions? it's a bit unclear. so others may be able to help u better.
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  #64688  
Old May 25, 2010 1:27am
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Hello Pinbar,
u can call it simply BUOB
BUEOB is a bit redundant (bullish engulfing outside bar).
i believe 'engulfing' & 'outside' mean the same thing.

also, try plotting the MACD divergence on the MACD's blue line rather than on the green histogram. i believe it's more effective.
if u havent noticed yet, u are using a different MACD indicator than the 'usual' one u often see here.
the 'usual' MACD (often seen in this thread) is an MT4 default (histogram with a moving line). that (histogram with a moving line) equates to the blue line & red dotted line in your MACD indicator. put these two MACD indicators on your chart to see what i mean.
[the green histogram in your MACD is just the difference of the blue & red lines]


here are the same charts (H4 - Weekly, FXDD charts) using the 'usual' MACD
Name:  $chf h4.gif
Views: 56
Size:  5.0 KB Name:  $chf d1.gif
Views: 58
Size:  4.8 KB
Name:  $chf w1.gif
Views: 56
Size:  5.3 KB
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  #64693  
Old May 25, 2010 2:22am
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Quote:
Originally Posted by BWise View Post
I just wanted to share something that might seem insignificant to most people on this thread but has drastically improved my trading over the last month.
It's quite simple actually: zooming in.
...
Hello BWise,
i think u mean zooming out (making the bars look smaller)?

Keep it up
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  #64697  
Old May 25, 2010 2:39am
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Quote:
Originally Posted by Pinbar View Post
Many...
Incidentally I read some posts about the MACD in MT4 not being programed correctly and thus false signals exists. That is why I used the new one.
..
Is this indeed the case?
...
I've read that before.
yes, there seem to be a difference in the code (programming), but not necessarily creating false signals.

you see, we (only) have a visual issue here.
users of either MACDs just need to be aware which is which:
for the 'real' MACD (in your above post's 3 charts), it shows the 2 signal lines (the blue line & red dotted line) AND a histogram (green histogram, which shows the difference between the 2 signal lines)
for the 'usual' MACD, it only has the signal lines which take the form of a line (representing the red line in your MACD) & a histogram (representing the blue line in your MACD)

Hope it is clear now
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  #64698  
Old May 25, 2010 2:44am
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Quote:
Originally Posted by Pinbar View Post
Thanks N
Yes, the chart above is the regular MACD and as you say H4 seems to be showing Bearish Hidden Div.
just a small correction:
it's a regular bearish div, not hidden div.
novice198 said it, but u did not 'copy-paste' correctly
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  #64707  
Old May 25, 2010 3:33am
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Jonnyislost,
nice BEOB off a round number too (0.6700)
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  #64708  
Old May 25, 2010 3:37am
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Quote:
Originally Posted by extraneo View Post
may cause errors also with the rules of jim?
not necessarily.
we use it as confluence/added confirmation for the trades we take.
RSI/MACD can show divergence &/or momentum.
we just have to know how to use them. (in this thread, indicators are used mainly to show divergence as u already know)

if u havent used both, try using one at a time.
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  #64712  
Old May 25, 2010 4:03am
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Quote:
Originally Posted by jeurre View Post
in fairness to him (lovejoy80), that BEOB has not broken, so technically there was no trade.
also, he marked a PPZ (1.1590ish) which price was heading into.
if anyone would take it short/sell, it's better to place an order below that PPZ (to avoid a 'hump/mini-roadblock in the road')

divergence does not necessarily entail a reversal. sometimes, it just means 'temporary decrease in trend strength'
in this $chf chart, uptrend is strong. since the BEOB did not break, & price in fact went above the BEOB, this tells us up trend is still in play.
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  #64718  
Old May 25, 2010 4:12am
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Quote:
Originally Posted by jeurre View Post
SC, not necessarily comment on these facial expression, just was kidding,no offence there
haha, i know.
no problem Sir
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  #64739  
Old May 25, 2010 8:58am
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Quote:
Originally Posted by extraneo View Post
Other pinbar in training on GBPUSD tf 1h
this seems pretty proportionate
Quote:
Originally Posted by iForex View Post
On G/U 1h, who's favorite?
possible traffic is nearby, at 1.4300.
by the way, that candle hasn't closed yet.

if u are trying to learn james16 method, its highly recommended to start on higher timeframes (h4, daily, weekly)
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  #64905  
Old May 26, 2010 11:24pm
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Quote:
Originally Posted by Dan Gilbert View Post
Alpari feed daily chart
GBPJPY
I16B straddling the 130.00 VBRN.
on fxdd demo & fxpro live,
it's an I22B


Quote:
Originally Posted by Dan Gilbert View Post
I16B= Inside16Bar
an inside bar that has a high and low range smaller than the previous 16 bars.
make that previous 15 bars (15 bars + the IB/current bar)
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  #64906  
Old May 26, 2010 11:30pm
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Quote:
Originally Posted by Atc View Post
I appreciate the clinic
clinic is open daily.
...has been open since 2005
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  #64911  
Old May 26, 2010 11:54pm
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Quote:
Originally Posted by jarroo View Post
I don't think in 2005 the clinic was open lol . . .I couldn't trade my way out of a paper bag 2005.
ok...
clinic was open circa 2005/2006
(during that time, i had charts with 5 - 15 indicators, while watching&trading for +/- 10 - 24 hours )
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  #64916  
Old May 27, 2010 12:02am
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Quote:
Originally Posted by nuclear62 View Post
Hey everyone
I have noticed my losses are about 70% made on Daily. I?m feeling stupid. ....
how small is your account?
can it get any smaller than mine?lol

im stupid-er.
i only recently opened an Oanda (my second) account.(im very late to the Oanda party, should've done so 2-3 years earlier)
it's a breath of fresh air:
i can now trade any higher timeframe (i have been restricted to do so before, due to the size of my account); lesser stress; good/correct position sizing (just like what Mike & other people mention here)

u should try Oanda/Oanda-like brokers (for optimal position sizing).
btw, imho a 100-pip stop is too rigid, considering every trade setup is unique.
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  #64919  
Old May 27, 2010 12:10am
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Pinbar,
in Oanda, u can trade as low as 1 unit. very flexible.
see here & here.

Oanda FAQs
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  #64948  
Old May 27, 2010 3:45am
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Quote:
It's funny, I can watch all the vids that James and Mike put up and follow along and think "oh yeah, that's totally obvious...
Hello XNAdam,
based on your post,
it seems u need to watch the videos several times more.... until it sinks in.
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  #64950  
Old May 27, 2010 3:49am
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Quote:
Originally Posted by Dan Gilbert View Post
it is a lot easier than going against trend... especially as strong as the current one.
most pairs seem to warrant retracements... & its probably time.
it's either starting a retracement or reversal.

in gbpjpy, for instance, i think if we dont get a sustained break above 131/132 then we may have a false upside breakout of the current range.

Let us see..
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  #64953  
Old May 27, 2010 4:03am
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XNAdam,
if it works for u, go for it.
i review those videos too, from time to time..
helps to keep me in sync & sane.

Nice to see u posting more. Keep it up, Sir!
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  #64954  
Old May 27, 2010 4:10am
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Quote:
Originally Posted by Pinbar View Post
This is a demo experimental trade and I am basing it off the H1 with confirmation of H4 and placing the SL based on the 365 EMA on M15.....
sell stop, based on H1 PA (that potential BEOB)?
a SL based on M15's 365ema might be too tight (will possibly stop u out before price moves in your favor).
it would be better to place a stop loss, in this case, at an M30/H1/H4 swing high &/or EMA, or strictly at an H1 area (if H1 is the trade setup timeframe).

Good luck!!
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  #64957  
Old May 27, 2010 6:01am
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joelcf,
hihihih...
just thinking out loud... plotting possible outcomes..
im much less married to my trades/opinions now..compared to a few years back.

anyway, we'll see how the market behaves
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  #64959  
Old May 27, 2010 6:10am
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I know.
u always mess with our minds (that's your way of "saying hi")
somehow, i feel like u are already in 'Friday mode' lol
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  #64964  
Old May 27, 2010 8:32am
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Quote:
Originally Posted by fxeturn View Post
But don't great bars already cover much of the move? Does it mean that we spot the majority of a move and attempt to profit from the rest of its move?
not necessarily.
it mainly depends on the location & traffic/space... and sometimes, to some extent, on the timeframe that u are trading a great bar on.

sometimes, a great bar is just the start of a big move.
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  #64965  
Old May 27, 2010 8:38am
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Quote:
Originally Posted by six gun View Post
I started forex in...
I have heard of people who are members of the private site and are still struggling. They might be questioning that investment.
...
as far as u've read, how many are struggling?

that is not surprising.
traders are on different levels, experience-wise, dedication-wise & free time-wise.
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  #64968  
Old May 27, 2010 8:50am
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Quote:
Originally Posted by relyt View Post
I have been demo trading
...
I want to start demo trading another type of PA in addition to the pinbars.
Is there a logical next type of PA that I should try? Inside bars, outside bars, DBLHC/DBHLC? Or should I just pick one of them and go with it?
.
try this progression:
Pinbar - outside bar - DBHLC/DBLHC - IB

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  #64976  
Old May 27, 2010 9:27am
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Quote:
Originally Posted by six gun View Post
This what not what I read, it was a personal communication and concerned someone who had been at it for a year.
My reply to that was even if I had 1000 hours of music lessons I would still not be able to play an instrument.
That would not be my teachers' fault or my own....
...
Some people just will not get it.
There is knowledge and there is skill and then there is art in this business.
...
i see.. u have a point.

however, i am of the opinion that most things can be learned & assimilated.. provided a person gives time & dedication. passion helps too.

im very much into music instruments so i'd like to share my view.
in your music example, 1000 hours may not be enough as maximum dedicated time for certain people.
it depends entirely on the person (how gifted he/she is; how much time is dedicated on a particular craft; etc..)
if one is serious at wanting to achieve trading (or music) success, he will dedicate adequate time to learning all about it.... no matter how long it takes.
There are deterrents, obstacles, failures along the way, but that's just a natural part of every process/progression.


Quote:
..Why waste time, money and effort on them when you know where true information and proper guidance lies?.....
dont forget, things dont start in an ideal way.

u have a fair share of the bad & the worse information (like here & here).... we all do.....
the usual process is:
we search through the web.. sooner or later we come across a gold mine (such as Forex Factory)... & in it, after minor/intense search, we find a gold bar(James16 thread).
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  #64978  
Old May 27, 2010 9:40am
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bundyraider,
on your last chart (with 5 highlighted bars).
the first, 4th & 5th (last) bar look like (what i call) "non-strict" BEOB or DBHLC.
do u trade them often?
Thanks Sir!
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  #65028  
Old May 27, 2010 10:50pm
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Quote:
Originally Posted by mbqb11 View Post
off for a long weekend to visit my brother....
How sweet

wondering why Mike & others are on a long weekend,
i remember we have a US & UK long holiday weekend.
i searched a bit & here are some Holiday links that gave the answers: (u can just choose 1 or two)
http://www.sifma.org/services/holidays.html
http://www.woodlands-junior.kent.sch...tivals/may.htm
http://www.timeanddate.com/calendar/
http://www.holidays.net/dailys.htm
http://www.bankholidaydates.co.uk/Ho.../default.aspx?
http://www.direct.gov.uk/en/governme...heuk/dg_073741
http://www.usa-vs-uk.com/publicholidays.html
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  #65067  
Old May 28, 2010 9:46am
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Wakanapi,
check here.
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  #65069  
Old May 28, 2010 10:01am
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Wakanapi,
trade order, you mean?
i placed one on usdcad (short), but exited for a few pips as market has been quiet.

Happy weekend All!
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  #65110  
Old May 30, 2010 6:47am
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Quote:
Originally Posted by fxdrive View Post
Brokers in different timezones....
Is this worth pursuing? Is there a killer timezone to concentrate on? Should we be looking at the same timezone the BIG players are using? If so what are they?...
Hello fxdrive,
imho, i think u are better off pursuing/concentrating on looking for (& studying what constitutes) better setups than looking for a 'killer timezone'.... as good setups occur regardless of the time/timezone.
most big players are probably using the 5pm NY close as the 'end of day', if that's what u are asking for. again, i think u can do well with or without this info (by concentrating on looking for/trading good setups)

Focus your time on the more important issues
Hope this helps
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  #65111  
Old May 30, 2010 7:03am
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Quote:
Originally Posted by bundyraider View Post
FTA = First Trouble Area ...The....
wow, plenty of posts (in a short span of time) from u recently.
u rarely post as such so i appreciate your time.
i suggest everyone (specially the new ones) to read Sir bundyraider's posts.
1 of the senior traders to watch out for.
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  #65112  
Old May 30, 2010 7:18am
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Quote:
Originally Posted by Pinbar View Post
Ok, I found a small indicator to instantly show us RR ratio.....
Just drag the SL, EP & TP lines to the desired area after you have setup the risk ratio and account type in the indicator.
Thanks Pinbar.

i just tried it.
after dragging the SL, EP & TP lines to the desired area, u have to refresh the chart to display an updated calculation of the indicator's details ('Quick calculation', as shown in a black box on your chart)
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Last edited by supremeChaos, May 30, 2010 7:30am
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  #65143  
Old May 30, 2010 11:26pm
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Hello novice198,
it would be better if u post the respective charts too... as we all use different brokers/platforms that show different looking bars/patterns (not everyone has/use IBFX)
that way, the seniors can respond with more precision & details.
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  #65146  
Old May 31, 2010 12:46am
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Novice198,
bro, the more charts to study & comment on, the better.
learning is not cluttering, imho.
so post as much as u want, we all learn from it.
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  #65228  
Old Jun 1, 2010 2:07am
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Default low liquidity post

Quote:
Originally Posted by bundyraider View Post
....is easier in a base2 way. Mechanically, you have straight fractures to work with.
...
Quote:
Originally Posted by joelcf View Post
Something tells me we have an engineer in the house ...
aha, u missed something
he used the word "mechanically" too.
u read between the lines well, i'll be careful with my choice of words now, lol
Thanks for the link.


Quote:
Originally Posted by Pinbar View Post
... Joel, all that knowledge has not tempered your great sense of humor..
im 28, he's 30.
im honestly amazed at the great, ocean-wide disparity between our knowledge/wisdom.
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  #65282  
Old Jun 1, 2010 11:37pm
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Helo Pinbar,
Cyrus probably has his thread pages with 40 posts each (the default is 15 posts per page).
[FYI: u can edit options here
http://www.forexfactory.com/profile.php?do=editoptions
near the bottom u will see "Number of Posts to Show Per Page"]


Cyrus,
i'll try to PM u when it hits 2500.
it wont be long
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  #65283  
Old Jun 1, 2010 11:48pm
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Quote:
Originally Posted by joelcf View Post
.....
Same goes for an insto dealer trying to undercut the vwap for a client order and earn himself an Elise.
It's all a matter of perspective.
u say it's a matter of perspective...
so the $1 question is:
is Elise a lady or the car?

....."undercut the vwap for a client order and earn himself an Elise"? sounds
like a sly tactic
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  #65291  
Old Jun 2, 2010 1:39am
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Quote:
Originally Posted by ertorque View Post
anybody watching or intending to play this DBHLC which looks good in my book.
My problem is with the position size given the 1600pips full bar length (if one were to place a SL at the top of that bar)!!
Comments anyone?
..........
Hello CY,
wow, monthly chart...talk about a long term trade
that's a huge bar.
if u plot a Fib from 2008 lows to the 2010 highs, that huge bar stopped at 50%.
i remember a post by Sir James16 (it was discussed a few weeks/months back, but i dont have the link yet, will look for it) talking about a huge bar like this one piercing several fib levels & ends up at/closes around 50/61.8% Fib ..... it gets a bounce (move up) instead of continuing down.
i see possible traffic around 70.00/71.00 area.

if u plan to take this one, u may reduce your position size
or wait for a retracement so u can have a tighter stop
or simply say "pass" on this trade.

EDIT:
ok, that's the one, u got it, LOL
http://www.forexfactory.com/showpost...ostcount=47113


Quote:
Originally Posted by Pinbar View Post
AUD/JPY Possible Daily PB forming.
are u referring to the latest daily bar?
if so, it's pretty small... & an inside bar-- it's not protruding away from the other bars
also, possible traffic at 75.00 area.
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  #65292  
Old Jun 2, 2010 1:48am
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Quote:
Originally Posted by joelcf View Post
.....
Definitely the car
(edit: unless you manage to find a girl named Elise with curves just as nice, perfect handling and temperament, low maintenance costs... and that costs under a hundred k to own... )
wouldnt that be nice?

"hey bro, i drove Porsche around town in my Porsche Carrera"
Lotus Elise car = girl named Elise
Ferrari car = girl named Ferrari?
Lamborghini car = girl named Lamborghini?!?!!
Aston martin car = girl named Aston ..... lol
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  #65312  
Old Jun 2, 2010 7:35am
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Quote:
Originally Posted by novice198 View Post
....
I am confused here...
..
Hello Novice 198,
same concept, different charts
see arctos' chart here (which is the same, second chart in #47112)? turn it upside down. it looks like the audjpy monthly chart.

the minor difference is audjpy's DBHLC
Quote:
Originally Posted by supremeChaos View Post
...(if u plot a Fib from 2008 lows to the 2010 highs, that huge bar) stopped at 50%Fib...
i believe u misinterpreted the post. please read this carefully.
Sir james16 said: "..BUOB was so long it retraced to the 50 fib from high to low. the break actually went very close to the 61. never trade a huge outside bar that has retraced back to a 50 or 61 fib.
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  #65313  
Old Jun 2, 2010 7:41am
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Quote:
Originally Posted by printer69 View Post
....
do you know if I have to set the indicator on any single pair chart one by one or there is another way to set the data on the indicator once and then somehow have it on all my charts?
....
create a template.
have a chart with that indicator set in place. then right click anywhere on the chart, go to Template, then Save template. name the new template as u wish (let say u named it "Andrea BRN"). there u have it. repeat as necessary.
now, if u wanna apply to this to other new/blank charts.... right click anywhere on the new chart, go to template, & look for "Andrea BRN" on the template list
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  #65317  
Old Jun 2, 2010 7:58am
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Quote:
Originally Posted by Jonnyislost View Post
Looking at GBP/CHF 4HR
....
Quote:
Originally Posted by Atc View Post
I will micro manage this one
just wanna say, be alert with this trades, if ever u took them.
imho, u are taking CT (counter-trend) trades.
just my view

EDIT:
i just noticed, these trades hit/breached their respective FTAs.
i hope u took profit (partial or full)
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  #65319  
Old Jun 2, 2010 8:02am
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Quote:
Originally Posted by printer69 View Post
...
wow another extremely "human friendly" software...ahah!!....
...
im doing fine. hope u are too!
yes, im a senior newbie "programmed to help from time to time"
Please enjoy using the MT4's template tool
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  #65322  
Old Jun 2, 2010 8:25am
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Quote:
Originally Posted by bun888 View Post
Hello everyone,
....
If price is below that clogged area, then would the red line would act as a resistance zone? And if price breaks that red line, does the yellow line (the upper limit of the traffic area) gets to be the second resistance that price have to overcome in order to go upwards?
Hello bun,
assuming the right half portion of the chart is still absent..
the answer is yes.
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  #65328  
Old Jun 2, 2010 8:35am
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Quote:
Originally Posted by bun888 View Post
...
Just to confirm, is it a yes for both questions?
....
yes, yes.

Quote:
Originally Posted by Atc View Post
hit 1st tgt ...now freebe
excellent
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  #65330  
Old Jun 2, 2010 8:50am
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Quote:
..
bun888,
no problem, fellow Asian
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  #65336  
Old Jun 2, 2010 10:12am
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Quote:
Originally Posted by novice198 View Post
..still confused..... ..
i diagnosed the situation & found the problem.

u missed the bold part below, in my response to ertorque
Quote:
Originally Posted by supremeChaos View Post
...
if u plot a Fib from 2008 lows to the 2010 highs, that huge bar stopped at 50%.
i remember a post by Sir James16
........
..
u were aware of ertorque's Fib but u forgot to plot the above fib. this was the fib i was talking about (which i think eventually ertorque realized the same scenario that he was in)
after plotting the above fib, compare it with arctos chart (remember ,turn it upside down). then read this again.
Hope it makes sense now.
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  #65390  
Old Jun 2, 2010 10:18pm
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Quote:
Originally Posted by jarroo View Post
....The Gbp/Jpy Daily IB was (I believe) an I17B....
it was an I22B.

so far, not enough to beat the I46B
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  #65412  
Old Jun 3, 2010 12:27am
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fxeturn,
i'm 28. several here are +/-20y.o. (Sir mbqb11's turning 27 by December; benji533, ghous & nasir.khan are a little younger)

if u dont quit, success is inevitable.? ---supremeChaos
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  #65418  
Old Jun 3, 2010 12:40am
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mbqb11,
u just need to increase exercise, & decrease beer intake
i know u feel young, it is evident in your (timeless) avatar
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  #65423  
Old Jun 3, 2010 12:58am
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Quote:
Originally Posted by joelcf View Post
...
That is terrible advice!
cant blame me, i wanna live past 100...LOL
joel, the quintessential 30y.o. (i would want to check your ID/birth certificate when i meet with u down under)

u know what... as early as last year, im having this dilemma:
most nice guys here, if & when we meet up, want a meet & drink event (beer, cognac, whiskey etc.-- depending on the age) to take place (the ladies prefer wine).
i'd rather have a
-meet & play sports/music
-meet & hike
-meet & 'ride the dirt' (my plan for KissFan)
-meet & climb
-meet & base jump
-meet & date (your *age-appropriate* friends)
-meet & show me your trading room/trading laptop
-meet & tour me around (using your fx profits, lol)

ok, ok... let me have just one bottle (or 1 glass), ok
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  #65424  
Old Jun 3, 2010 1:02am
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Quote:
Originally Posted by fxeturn View Post
People define 'success' differently...and spending another 1/3 of my life working just so someone else could be rich isn't in my long-term life plan.
yes, it's all subjective & relative.

good for u....u think that way.
the same reason i didnt get employed, ever. in my case, it was very risky, yet i burned my bridges. the potential of trading, if done well, IMHO is immeasurable.
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  #65425  
Old Jun 3, 2010 1:04am
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Quote:
Originally Posted by novice198 View Post
Can you pls hare the J16 manager..
here (atclarkson's)
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  #65429  
Old Jun 3, 2010 1:19am
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Quote:
Originally Posted by joelcf View Post
All of these work better with alcohol.
...
lol..
i dont need an anti-inhibiting agent (inhibition suppressor) in order for me to interact with people

Quote:
Now that is a longterm goal. And, I suspect, not an unrealistic one...assuming you dont fall off the side of a mountain
....
yes Sir, that is already 'built-in' to my plan.

Quote:
...
Most of mine are pretty modest... usually involving Aston Martins, the Seychelles and Kate Beckinsale.
wow, pretty modest indeed.
at least the fine lady's name is Kate, & not As(h)ton

hopefully my plan to see most of u comes true. & perhaps we will have a james16 thread global meeting in the future.... in the Texas headquarters.
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  #65430  
Old Jun 3, 2010 1:22am
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Quote:
Originally Posted by Pinbar View Post
I think the trick is to learn to do it before you need to even consider making a living off of it.
it is not a trick.
it is the way to go.... the process.... in most things, in general.
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  #65432  
Old Jun 3, 2010 1:33am
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Pinbar,
yes i know.
it's great that u clarified that, Sir. (for other readers' benefit)

i often dont wanna go by the rules... but for trading i should've
at least the newer traders are now aware much earlier (by reading the recent posts).
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  #65456  
Old Jun 3, 2010 5:30am
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Quote:
Originally Posted by Pinbar View Post
Hold those..
Pinbar,
that downward trendline on your first chart is a bit too subjective, imho.
price has pierced through that TL on both sides a few times, rendering it invalid --- just my view. (for strict TL users, just 1 poke/piercing on the other side of a TL renders that TL invalid)
price touching that TL on the big white arrow is more of a coincidence, & based more on the 0.6850 figure, 0.6850ish PPZ &/or that red MA.

but if u have found a way to use a TL in that same way consistently, then it's ok.
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  #65510  
Old Jun 4, 2010 4:32am
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Quote:
Originally Posted by g_j_hook@yah View Post
...view on the 4h IBs that we have..??
....
possibly quiet market as a result of the approaching US Non Farm Payrolls data.
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  #65524  
Old Jun 4, 2010 5:51am
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Quote:
Originally Posted by jeurre View Post
i was thinking a combination of candlestick, it has the meaning of "attack" , actually another form of continuation, but, highly explicit expression of trader's action, you can see it in the chart....
most likely, something similar (more or less) to what u have drawn exist on the lower timeframe (H1 &/or H4)
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  #65527  
Old Jun 4, 2010 6:47am
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jeurre,
yes, practice & family time on weekends.

your gold trade was based on what?
manage it well.
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  #65621  
Old Jun 7, 2010 12:57am
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Quote:
Originally Posted by esbatu View Post
Hi guys, anyone having problem this morning with Oanda FXgame? I use it for my demo account and yesterday I entered two limit orders on EUR/CAD and EUR/AUD. But this morning I was having problem connecting ..., my orders was disappeared...
i havent used FXGame extensively...

maybe your orders disappeared because the limit orders expired (u set a time-based expiry or on default there is a time-based expiry which u overlooked)?
[when u set a limit order in Oanda, u have to specify the currency pair, buy/sell, at what price, then an (limit order time-based) expiry]
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  #65623  
Old Jun 7, 2010 2:07am
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esbatu,
are u sure u pressed the 'Submit' button for your orders? heheh
hmmm...
try emailing/chat with Oanda.
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  #65694  
Old Jun 8, 2010 12:25am
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Quote:
Originally Posted by oltciter View Post
GBPUSD h4
Quote:
Originally Posted by TraderDavo View Post
This is an A+ trade...
Quote:
Originally Posted by Pinbar View Post
... Seems like a C- to me.
Quote:
Originally Posted by elizo View Post
.... I think it's a proper A+ trade...
i havent checked the chart fully... but this is specifically why i personally refrain from rating setups as "A, or C-" etc.
we have to understand each trader is unique: the experience, the risk appetite, the goal, the trading personality (aggressive/conservative, etc) are all unique.

besides, there isnt & we cant have a stone-cast criteria for what an A+ or a C- setup should look like (because of the reasons stated above) that everyone would agree on.
of course, through extensive reading we can have an idea of what an A/A+ setup should look like, but eventually we suit the setups that we trade & the setup's ratings to our own personality/taste.

Having said that, it's great to see a discussion arise from a single trade setup.
seriously, we learn from it, in 1 way or another.
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  #65703  
Old Jun 8, 2010 2:59am
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Quote:
Originally Posted by Dan Gilbert View Post
wow look at this pin! you think I should take it long?
oh wow, bullish pinbar, with a Loooooooong nose & a TON of space
stop loss below the looooong nose
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  #65713  
Old Jun 8, 2010 3:38am
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Quote:
Originally Posted by jarroo View Post
That Daily PB has zero space (traffic) ..
space = no traffic, right?
i think we may have said it differently, but we mean the same thing.


Quote:
Originally Posted by Pinbar View Post
..
Looking at H4 we may have a possible IB forming but I doubt such a bar on H4 is going to break that monthly PPZ at 0.6560
if USD continues to strengthen, that PPZ breaking is a possibility, IMHO
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  #65716  
Old Jun 8, 2010 3:51am
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Ah, yes Sir, i see now.
it's my fault. i was referring to the space to the left of the PB, but u were pointing to the possible traffic above the PB which im fully aware of.
regardless, the PB's got a looooong nose, im buying
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  #65730  
Old Jun 8, 2010 6:11am
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Quote:
Originally Posted by elizo View Post
Thanks....
(KA-CHIIIING).
....& Rafael Nadal pumps his fist
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  #65736  
Old Jun 8, 2010 9:08am
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Jonnyislost,
as has been said recently....
Jonnyisfound.
Keep it up, Sir
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  #65738  
Old Jun 8, 2010 9:19am
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Jonny....
make that senior newbie
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  #65786  
Old Jun 9, 2010 3:37am
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Quote:
Originally Posted by jarroo View Post
Yes, Pb
...
The PB I drew is A+, not too many people here would say otherwise.
on the contrary.....
...
i agree. lol

Quote:
If there are many [varying] opinions about a setup being A+ or B-, etc . . most of the time its not an A+ setup.
this is a simple way to classify a particular setup (being debated on).
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  #65860  
Old Jun 9, 2010 10:00pm
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on FXPro...

Quote:
Originally Posted by fxprocessor View Post
Looks like we could have another i4b at the round number 1.1000....
an I8B

Quote:
Originally Posted by bluetrader View Post
I like the looks of this I28B on USD/JPY...
I29B



choppy pair indeed. but looking at Daily to monthly, specially monthly chart, u will see cad is the dominant currency.
we may see new 2010 highs, possibly 1.1300 - 1.1700 area.
as usual, this post will be a part of my 'learning archive', so let's see in a few weeks/months.
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Last edited by supremeChaos, Jun 9, 2010 10:14pm
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  #65866  
Old Jun 9, 2010 10:28pm
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Quote:
Originally Posted by Pinbar View Post
.....
I have been really thinking about the TREND, what is it?...
to add to what Sir Mike said..

we can say
-a trend is a series of bars (not necessarily all consecutive bearish or all consecutive bullish bars) moving predominantly in a single direction.
-a trend can be defined as price making higher highs & higher lows for an uptrend (lower highs & lower lows for a downtrend), just like a stair case
-a trend can be defined as a function of a moving average. example, if price is above a 200 day MA, then price is in an uptrend; reverse for a downtrend.

each time frame has its own trend. but eventually & always, price trends on lower time frames oscillates in sync/in harmony/synchronistic with the higher timeframes.


usually the patterns are
uptrend - consolidation - uptrend OR downtrend - consolidation - downtrend [trend continuation]

uptrend - consolidation - downtrend OR downtrend - consolidation - uptrend [trend reversal]

i hope i got it all right.
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  #65951  
Old Jun 10, 2010 10:14pm
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Quote:
Originally Posted by bundyraider View Post
....
Seeing patterns comes very natural to me, so that parts always been easy for me to pick up....
why so?
are u just wired that way as a person (gift/talent/genes), or did u learn about patterns in your life journey (job/business/family etc)?
or both?
just curious... Thanks!
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  #65976  
Old Jun 11, 2010 4:28am
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Quote:
Originally Posted by jarroo View Post
#4...
#3, yes, technically the High did not engulf the little PB, but it did engulf 3 other 4 hour candles..
most likely, #3 (which occurs often) is a BEOB in other broker feeds.
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