Can some one explain why divergence work? I have learned how to see it. But nowhere I can find the explanation WHY? I can understand why PA, S&R work. But why divergence? Google explains as because bulls or bears have exhausted... well why?

james16 Chart Thread

Thanks for the link. But you know all this scanners are based on Daily. And for now I want to stick to weekly charts only. The chart looks cool. But again it is daily, so is a skip for me There is nothing wrong with daily. Is just I want to focus ...

Trading Journal

Hey Ultimatus, thanks for your post! I have a Thinkorswim Platform, where you can set as many chart windows as you want. I have set mine for whole SP500 index. My everyday focus is on forex so I turn it on only on weekends. It takes time to slowly ...

Trading Journal

If I may add. When I go through my stocks, I usually end up with 5-6 VERY GOOD setups. I really really want to trade all or few of them. But I promised to myself I will choose ONE only. So I choose one. And I believe that is how the one I choose is ...

james16 Chart Thread

Thanks for the input! Yes I also worry that it is against the major trend, so I will try to be quick if I see any price stall, looks good to me, I will give it a try. Thanks

james16 Chart Thread

Thanks KissFan, I will follow your journal and will also keep you informed on how I go with my trading. Thank you again!

KissFan's Trading Journal

SHORT - C.H. Robinson Worldwide, Inc. — Besides the PA I like the location. It is not seen on this chart but in my platform I have noticed that this rejection has occured at the all time high. So I believe this is a good setup, if price ...

james16 Chart Thread

Trade idea for August 16, 2010 — C.H. Robinson Worldwide, Inc. SHORT Besides the PA I like the location. It is not seen on this chart but in my platform I have noticed that this rejection has occured at the all time high. So I believe this is ...

Trading Journal

I think this one has a good chance. Any comments?

james16 Chart Thread

Do you think this could be a good IB short? I have just started to look for I4B's, still having many doubts.

james16 Chart Thread

Hello KissFan, Just wanted to say thank you for sharing this ideas here! It is a bit difficult to grasp whole concept of fibos you show here, but the One-Bar Fibo extension Target is just fantastic! I have applied it to my charts and I see that the ...

KissFan's Trading Journal

IPB's — Thanks Ghous, SC. That is why they are an advanced PA. I look for them but very very cautiously. Just traded ONE so far in my entire life Thanks.

james16 Chart Thread

That is a good question. I would like to hear Ghous's opinion too. To me it doesn't look as failed as it did reach it first trouble area, so was with a second setup - where there was a definite resistance so price formed the inside bar, and the the ...

james16 Chart Thread

Could anyone please point me a working Vegas Currency Daily (from VWB part I) indicator? I downloaded a few, read a support thread but it still would not apply to my MT4. Maybe anyone traded it and knows which one is working? Thank you ...

james16 Chart Thread

I just finished reading short article about 4h Tunnel Momentum (by Vegas) applied all on my charts- looks very intersting!!! And it dawned on me that the Knife Method from PF should be a variation of this in J16 way??? Man, I need to join the PF !!!

james16 Chart Thread

[quote=ddinnov;3941453] Cool, thanks! I like them for SL being very close to Entry so that allows for better R:R.

james16 Chart Thread

Yes, thanks Jarroo. That's what I do for now, I mark them on my charts and just watch. I will come to trade them but later. I think for now I have more than enough triggers, all I need is to learn to trade them wisely

james16 Chart Thread

no, is reversal like PB. This is my first IPB trade in stocks. Was profitable but not that much url

james16 Chart Thread

[quote=chowur;3941433] I also don't know why it is called G-Bar by so many. I guess maybe because it was Ghous who traded it and showed to others? Because as I heard it is not in original J16. I may be wrong.

james16 Chart Thread

G-Bar is a term used for IPB (Inverted Pin Bar) - I asked the same question before G-Spot - LOL, you can find it in Wikipedia. I don't think it has anything to do with trading though lol Hold on I'm gonna find the file with all abbreviations.

james16 Chart Thread