Adrian, I think Jim means horizontal support/resistance as opposed to diagonal trendlines. I hope this helps. Take care, Dave

james16 Chart Thread

Gerard, Check out post 237 on page 16, CW shows two examples of a two-bar pinbar on a four hour chart. Clockwork, thanks for this great thread. I always enjoy your posts at the James 16 thread. Also thanks for your forexfantasies. Thanks, ...

Silent Service Method

You're welcome Spamon.

World's Simplest System

Hi Harold, I still follow when I can. Thanks for teaching us.

the key to the mint

Hey Doc, Speaking of fishing, were you able to help this guy in your waiting room??? lol

The DIBS Method... No Free Lunch continues

You're welcome Money4nothing. Anytime.

World's Simplest System

Spmaon, To add price levels to your fib tool in mt4, put your fib tool on the chart, double click the diagonal dotted line, then right click one of the dots on the line. Go to fib properties, fib levels, then add in the %$ like I have in the ...

World's Simplest System

Jim, Thank you so much for the video. It is very helpful. Thanks for starting and maintaining this thread. I hope to join the private forum soon. Thank you, Dave

james16 Chart Thread

Fugly, Thanks for the link to that article. It was very interesting. Thanks, Dave

Help explain Livermores' quote

sitting tight = letting your profits run Edwin Lefvre wrote the book, but the stories were told to him by Jesse Livermore under the pseudonym Larry Livingston. I believe the stories originally appeared in the Saturday Evening Post or something like ...

Help explain Livermores' quote

ALThau, Check out Jarroo's posts numbers 19291 and 19301. He explains what to look for in a very clear manner as always. Also Pipshower's post above. Good trading, Dave

james16 Chart Thread

Harold, Thanks again. Good luck with your project. Take care, Dave

the key to the mint

Hi Blackdog, Yes Harold is a great person who gives his time very generously. There aren't many people like him. I would love to trade ktm fulltime but I cannot always be in front of the computer during market hours. Harold's results are amazing. He ...

the key to the mint

Hi Blackdog, I usually look at the higher timeframes first to find major areas of support/resistance, then work my way down to find recent areas that may be a concern. Cheers, Dave

the key to the mint

Blackdog, It looks like the risk was more than 24 pips when you include the spread, which is a no trade situation. Also to take into consideration, was that there was support just below your entry (there was alot of traffic just to the left). I hope ...

the key to the mint

Blackdog, You are absolutely correct. Take care, Dave

the key to the mint

Teb, Thank you for all of your help. I wish you continued success. Cheers, Dave

World's Simplest System

[quote=raczekfx;2444272]Nice post ghous.. I have a NewYear present for you. Rac, Thanks for the video and the insights regarding your trading tactics. Happy new year! Cheers, Dave

james16 Chart Thread

Ghous, Check out Rac's post # 17462. His first entry was his famed Raczek's Dreamboat. Happy Holidays everyone. Thanks for this great thread.

james16 Chart Thread

Merry Christmas Harold and everyone else.

the key to the mint