I have been applying "This is Critical" in a very strong way lately, and feel so much better about how I initially set up my stops. It's like a huge breath of fresh air. Always pay attention to the zones, and MOMENTUM.

james16 Chart Thread

^ Can you tell me which PPZ it didn't close through? The nearest trouble area I see is around 1.2772. the BUOB of today is bouncing off seemingly no PPZ at all.... I would have taken yesterdays bearish pin over and over though. Even in hindsight I ...

james16 Chart Thread

If price would have got to 1.28 I would have been good

james16 Chart Thread

high was 1.29965... that is the most important. 3.5 points away from BRN is near perfect. todays low, 1.2812. Missed round number 1.28 by 12 points (where I was going to move stop to B/E. missed the technical FTA by about ~41 pips. Actually price ...

james16 Chart Thread

First loss of 2011. — I can't imagine I'm the only one who got nabbed here. had my stop 15 pips above the left eye, trade went ~50 pips into profit, and retraced HARD (I had my manager set to move stop to B/E after 60 pips....) note: I sold on ...

james16 Chart Thread

that bar is not small enough relative to the bars preceding it. I like a tightly wound I4B, not just an inside bar. EDIT: go look at the I4B straddling 1.0000 on USDCAD, dec 30.

james16 Chart Thread

Nope, sounds perfect "majorminors" I like that one thanks a lot!

james16 Chart Thread

ah, the 4hr double inside I4B... I would take BIG note of what time of day I am trading when in the smaller time frames. Which market is opening? Which market is closing? Is the breakout a result of the opening of the market at the time you executed ...

james16 Chart Thread

Understood, but wouldn't you say that C/J responding to round number levels would place some weight on the fact that many are speculating on that pair itself? IE, the daily bearish pin from April 1, 2010 where the high of that pin was almost ...

james16 Chart Thread

I kind of came to this conclusion myself. I also notice when the big guy James posts his trades, they are not too often of the crosses. I still see a lot of good technicals on some of the "bigger" crosses, such as E/J, G/J, even CHF/J. As far as the ...

james16 Chart Thread

that's true.... I wouldn't allow myself to sit through such yuckiness for lack of better word lol. I'm not Mike

james16 Chart Thread

that was an extremely fun trade to be a part of, and an absolutely unbelievable historic day in the markets. I still think about it regularly. what madness....

james16 Chart Thread

I'm going to give a little input here, the moving averages shouldn't be assigned so much weight. they are simply a tool to add confluence to already existing VBRN/PPZ. I actually do not use them, and took the MACD off my charts a long time ago ...

james16 Chart Thread

My C/J demo trade I posted a few pages back was stopped out. Not a real surprise. I'm glad overall i tried it out. Need to practice these mediocre setups

james16 Chart Thread

I may have burned up the majority of James' bandwidth from re-watching all those videos 5x each !

james16 Chart Thread

actually, the BEOB you noted is a good reason to not live trade this setup. the reason I would anticipate it to work against the BEOB, though, is because the bullish pin is coming off a VBRN (previous resistance), where the high of your BEOB is not ...

james16 Chart Thread

this is a demo trade (1 nano lot on real account) I took, It's not a live position because I wasn't quite "feeling it"... Not A+ figured I'd post here and we can have a chat about it if you guys want to. Looks like a classic box-breakout, and ...

james16 Chart Thread

I don't like any of the bearish euro signals we got on friday... the only one that had a chance was EUR/CHF, and it didn't close right. we continue to wait

james16 Chart Thread

A Couple Comments. — In the last 10-20 pages, I have seen some seriously grid-locked charts posted up. I just skip over those posts, because I don't see what is going on with those, at all. Actually this has motivated to me to take the EMAs ...

james16 Chart Thread

tywtff market wizards #1 how an economy grows and why it crashes technical analysis of the financial markets

james16 Chart Thread