As long as your stop is above 1.6680 you might be ok. I would not bet on it. Keep in mind that 'fundamentally' speaking, there are more rate increases in the making for Euro.... Personally I see 1.70 coming unless there is panic on Wall Street and ...

james16 Chart Thread

Indeed... I posted quite a few of my setups and trades in James thread on PF side and this was one of them... My entry long was 1.6360.... (limit buy was hit while hibernating). It would be very nice to see a pin today.

james16 Chart Thread

Since you said that Merlin, it's becoming a reality now... My FA said the same thing a month ago and moved all his clients' portfolios to money market funds as of July 15. I thought, he was joking at the time, but now I'm not so sure..

Subprime Worries

gbp/chf — I just wonder if it would be worthwhile buying some September mini dow, s&p september contracts or option calls. how about selling some yen contracts? This week was driven by panic selling and I'm sure there will be some quick ...

james16 Chart Thread

Great post Future.. thanks.. although.. I really had no idea, you're unhappy with your j.o.b. ...now I know, why my coffee tastes sour at times. talk to you in the office on Monday. . sorry Future, I couldn't resist. If you seek long enough, ...

How to be a trader for a company?

Very nice. ... and for backup... I prefer a generator...

Show your workstation!

great work 59.. this is why you have to have confidence in yourself and ignore 'noise'

james16 Chart Thread

Thanks , It's been very loooong journey. GOD bless people like Jim, Dial, Fiji and PF. I knew, you'd be wondering and that's why I posted here I remember when 5pips against my trades used to scare me. What I do now is to take a look at ...

james16 Chart Thread

Your charts are "simply elegant", yet powerful. After price touched 1.3770, which coincided with your declining TL, we all know what happened (a good area to add to short position? who knows, I'll leave it to the experts ). I remember, back few ...

Jacko's Forex House of Pleasure and Pain

yen — If you thinking of going long on yen crosses from here, don't forget to check a weekly chart first... I'm a good catcher, but not this time..thanks. Enjoy the weekend. R

james16 Chart Thread

Price came back to previous, broken support at around 244, and 50 fib from previous day high (just for visual confirmation) There was something else, which I'm not allowed to discuss on the public side, since it's reserved for private forum. For ...

james16 Chart Thread

g/j — 244 was an area where I re-entered short position in g/j yesterday. I'll explain why, in the next post (on smaller time frame) R

james16 Chart Thread

Very nice mamutot. I'm a bit more aggressive trader, so I added to my shorts when price retraced to PP, TL and 61 fib confluence. This is more risky and I don't recommend for new trades, but it might get you in a successful trade earlier. ...

james16 Chart Thread

Sounds like taken straight out of 'Huna' principles, ... and it works. Very helpful post. thanks Trader888

How to be a trader for a company?

Will this become a PB or shoots right through the roof after beige book...? Will find out in less then 2hr... ok, enough posting for some time. I've already exceeded my quota, JD says.

james16 Chart Thread

This is where I had limit sell to add to my sh positions.. it never triggered. See, it's not only you.... I missed it by some 20ps R

james16 Chart Thread

It takes practice and confidence to pull a trigger manually.. There will be a next one.. p.s. I'm watching usd/cad for possible sh trade around 1.0420/40

james16 Chart Thread

It's a skill, not luck... Congrats.. R

Jacko's Forex House of Pleasure and Pain

I did as planned. Very nice bounce.. Price tried to break that resistance (now support) level 3 times in the past, and this was the only reason why I didn't take that PB trade yesterday, but went long instead, right at the support. If it took 3 ...

james16 Chart Thread

e/g — almost a PB (lacking a couple of pips) off daily PP/TL/fib confluence.. any takers? p.s. I had my buy limit set at .6672 ( it never triggered)

james16 Chart Thread