I'm not going to post like the expert on PB's, however from a traders standpoint you had a good thought process. You posted the first chart with the daily PB and your analysis on it. So you spotted the trade on the day chart and then burrowed down ...

james16 Chart Thread

Congrats Caesar, Looks like you found my reasoning for the above post. I'm still in and locked in before the actual pinbar entry. I placed about 2/3 of the trade in around the 40 area, and it looks like the entry order for the actual PB entry took ...

james16 Chart Thread

Yes, above the nose would be the true stop for this. Which also happens to be a previously strong resistance, so it is a good stop area. There are other options here, but that is the true stop.

james16 Chart Thread

See: url

Please dont let this happen to you!!!!!!!

For a more advanced entry, I might scale a few lots in around 1.0242 and reenter on the pinbar entry.

james16 Chart Thread

Hehe, looks like we posted at the same time, deleted mine to post with picture. "Anyone else watching how the USD/CAD daily candle is going to close?" Above 1.0325 is a nice resistance for a stop as well.

james16 Chart Thread

Maybe you would try knowing you would fail. I would spend my time and energy trying to evaluate how this will affect my company and move forward. In fact, that's what I've been doing however thats another story. If I were a broker, I would have ...

Proposed NFA Capital Requirement

Believe what you will Forex. Every small firm could have sent someone to Washington and it would have resulted in alot of people being paid to sit on the bench outside of Congress. You make it sound like they would have allowed a representative from ...

Proposed NFA Capital Requirement

Thanks CK, I think most of us saw it like that. However you summed it up nicely.

Proposed NFA Capital Requirement

And you did what about it?

Proposed NFA Capital Requirement

The NFA doesn't care to hear from Small firms, and I didn't see congress invite small firms up to say their peace. Small firms know they can't compete when the large firms control the NFA. There's not much point in arguing. I write my senator and ...

Proposed NFA Capital Requirement

Granted. Because everytime the government steps in to help, the situation improves. Social Security? Awesome system. Medicare? Works so well we want it to be manditory for everyone.

Proposed NFA Capital Requirement

Now now, your starting to sound like me. Regulating Only US brokers to death and forcing US traders to seek options offshore just to feel their money is safe from the NFA is obviously a good thing for the US forex industry. Haven't you read anything ...

Proposed NFA Capital Requirement

Oh, well if that's all your looking for flip a quarter and let God take care of the market.

Best Metatrader Robot?

China is pretty strict about allowing it's citizens to trade. That's all I know.

China asks banks to stop FX margin trading

Best EA It's only 20 pages.

Best Metatrader Robot?

These pictures make anyone else think of ESPN football? The EUR picture doesn't look to say much more than, if it breaks the TL then it will go down. Which is great, and simple, however trading off the Month chart you may want to have more options. ...

Pipstert's Trading journal

My head is trying to make some comment to connect News Trading propoganda to Global Warming propoganda and relate it to fanning yourself with hot air. I think I'm too tired to do it at the moment though, off to my "Before the wife get's home, after ...

The fundamental terrorists must be stopped

Laughed in the J16 thread and laughed again here when I clicked the larger picture at the "we don't need Ben" comment. I had the same problem as Mike in that I read the first post in this thread and honestly thought we were talking about today until ...

The fundamental terrorists must be stopped

Hehe, that little "we don't need Ben" comment made me laugh. Great post.

james16 Chart Thread