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ghous replied Dec 13, 2008yeah right! what's it got below 88? It seems like it will do anything to keep it above this level

james16 Chart Thread
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ghous replied Dec 13, 2008Here is something nice to look at on the usd/cad daily. The Ib is nicely placed bouncing right off the 1.24 ppz and the 23.6 fib. looking at the overall trend what's intereting is that the uptrend is quite intact. I may be looking to play it's ...
james16 Chart Thread
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ghous replied Dec 13, 2008Great post Nick! You've stacked it all in perfect order!
are you playing it??james16 Chart Thread
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ghous replied Dec 13, 2008So will you just merely take a short when price approaches a key area for support and resistance? I can bet it is'nt as easy as tthis. What i have seen from posts from ya'll is that you fine tune your entries on the lower tfs to get in early, i.e ...
james16 Chart Thread
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ghous replied Dec 13, 2008The 6600 level sure is a major hurdle, but looking at the 4H i see that we have formed more then just one single price level as the hurdle. Based on your ideas similiar to yours Coscorp i entered a long on the AU off the break of the pin but the ...
james16 Chart Thread
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ghous replied Dec 13, 2008You did'nt take the trade off the Pb infact you realized after the you took the trade that the bar actually formed a PB. Fine you got it in at a better price then say a James16 PA trader might have but there won;t many such instances
Best of luck ...james16 Chart Thread
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ghous replied Dec 13, 2008So when price does hits an important level what makes you decide whether to go short or long? James16 strategy in it's most simplest of form is watching for price action on important confluence and res/supp zones for a possible entry. You haven't ...
james16 Chart Thread
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ghous replied Dec 13, 2008Oh and BTW in the qouted post i am extremely unsatisfied with the words in bold.
If only you waould have waited for the bar to close, you could have been more confident over the trade AND even more important would have been that you would have ...james16 Chart Thread
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ghous replied Dec 13, 2008The pin bounced off 0.9, and was in quite a nice shape, however i would have liked the bar just next to the pin bar to have generated some more bearish movment then it did to enhance the shape of the daily bar. In other words i would have liked the ...
james16 Chart Thread
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ghous replied Dec 12, 2008what made you sell near the top of the nose of the pin? was it a fine tuned entry of a lower tf??
james16 Chart Thread
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ghous replied Dec 12, 2008That sure is one nice pin, since friday close is'nt far we may have a great trade all cooked and ready for Sunday/Monday open...
Regards, Ghous.james16 Chart Thread
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ghous replied Dec 12, 2008trade results... — I extracted a breakeven out of my Au and Usd/cad trade while taking a minor beating on the Eur/chf and the Gu, I admit that the usd/cad and the au trades should have been better than just breakevens as each of these hit ...
james16 Chart Thread
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ghous replied Dec 12, 2008I do consider myself lucky having discovered forex this early in my life.

james16 Chart Thread
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ghous replied Dec 12, 2008Thanks for the heads up Rac, i know this is'nt the right path of thinking, i believe i am extermly down on self confidence, need to wok hard on it i know

james16 Chart Thread
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ghous replied Dec 12, 2008Even on my chart it was'nt a perfect pb by the pip but it's quite close to it, combine this with location and it does look like takable
james16 Chart Thread
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ghous replied Dec 12, 2008Sometimes I wonder would this be the only thing I'll achieve in life? I am socially dumb, academically average, and a little short on finances. HUH! Never mind if i can do good on trading I will have found myself a reason to appreciate life. Cannot ...
james16 Chart Thread
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ghous replied Dec 12, 2008For me the Eur/chf seems to be the strongest of setups, the first target around 1.582 seems so clear. You're right abt the Usd/cad and the Gu though but waiting for the "BREAK" may just save us from any reluctance of price to respect the Pin bars, ...
james16 Chart Thread
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ghous replied Dec 12, 2008that area sure is key, realizing this i have my order 5 pips above the 6600 level, a break of this level should do us some real good i agree
....going for it??james16 Chart Thread
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ghous replied Dec 12, 2008LOL! thaks for the kind compliments Jarroo. I am FAR FAR FAR away from a ghous16 chart thread
And yes I truly am 18 years old. JEEEEZ! am I the youngest here?? 

james16 Chart Thread