that Pb never occured on my charts lol! but anyways nice stuff jarroo, nice catch!! Regards, Ghous.

james16 Chart Thread

don't worry Dj Ryan's words were not directed at you...

james16 Chart Thread

Great post Ryan! you hit the nail on the head! this is exactly the problem i am facing, till yesterday i had to see my trade go as much as -120 pips, and ofcaorse that's stressful for any trader. now even when i am looking for three figures pips it ...

james16 Chart Thread

that is the big question, are any reversal indications to be considered?? honestly speaking we're perhaps panicking too much! this kinda happens. when we are out here gossiping we do tend to get carried away... lol! what i mean is look at the ...

james16 Chart Thread

trade 4; 6-10-08 — here's a Uj trade i took but unfortunately could not get a snapshot right after the trade due to an electricity breakdown. resons for the trade were breakout from the 104 level a pullback at which appeared a nice Ib, the ...

From 17 to 1000...

sure! Best of luck Regards, Ghous.

From 17 to 1000...

you can't say that! lol! i mean Eu is right on top of a long term support line with heavy divergence with the macd, short is out of the question for me... Regards, Ghous.

From 17 to 1000...

Hi, yes you're correct but by watching 8 pairs i don't feel that neither my profits nor my consistency is being harmed, why should it be harmed? what i mean is since my system is based on price action, a pin bar on Gj is as good as a pin bar on Eu ...

From 17 to 1000...

Hi Riaz, there really is'nt much to say, i feel the only major difference i see between the pairs is perhaps the volatility. Gj and Ej tend to be more on the volatile side, while usd/cad seems to "hang" around often. more importantly none of these ...

From 17 to 1000...

Trade 3; 6-10-08 — here is the third trade for me... long Eu with analysis based on the daily chart. 0.1 lots traded at a pip value of 1c/pip. reasons: Heavy divergence. Trendline resistance. a weekend gap not yet closed. negitives: No major ...

From 17 to 1000...

Hi Riaz, i have undergone all these initial worries Alhamdullillah, i now have a system that works for me (i don't need to get another system) and 8 pairs that i love to trade. something that suits 1 trader may make life difficult for another. ...

From 17 to 1000...

this is somewhat a discretionary matter, however i'll tell you how interpret the abve quoted situation. Jim recommends a trade to be taken only upon a satisfactory break of the pin which is generally 5-15 pips above the bar high/low. this is ...

james16 Chart Thread

yes and i am not denying that... all i am saying is it should still not matter because the truth is we are interested in where the price is going not why it's going in a certain direction. we think a pair should go up and some fundamentals come in ...

james16 Chart Thread

update on trade 2: — i was waiting to hit atleast a breakeven on the Usd/Cad but had to quit with -20 pips (-20 c) finally just before the NFP.... all trades were closed on friday with a total net loss of 20 c uptill now. New account ...

From 17 to 1000...

i don't find one valid reason to disagree with you Bundy... but all this fundamental dominance these days does'nt impress me one bit to look into it. i think fundis clearly suck! it's easily the most boring part of forex trading.(sorry fundi ...

james16 Chart Thread

here is the chart.

james16 Chart Thread

the double top is valid, it's clear that price is finding nice resistance around 1.14, another thing that favors a downmove is the bearish divergence, and with the usd showing weakness all around you can be biased i.e anticipate that it's going to ...

james16 Chart Thread

Hi guys, some interesting charts i found over my weekend analysis... Regards, Ghous.

james16 Chart Thread

i have been stopped out at breakeven on Ej, looks like the markets are waiting for the NFP, i'll be looking to get out of the Usd/cad too it's sitting at -8 pips at the moment. more than 8 hours of waiting and the trades don't move so what do you ...

From 17 to 1000...

Is it a live account?

Wave-Scalin'