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ghous replied Sep 6, 2008make sure you don't overlook that divergence on the macd, it's showing strong bearish signs! those long bars to the north tell you nothing, divergence says a hell of stuff... there are plenty of signs around suggesting the green back to end on a ...
james16 Chart Thread
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ghous replied Sep 2, 2008right. but...i also know that Jim (James16) pays little attention to news and generally goes wherever price takes him, i also know that many other good traders around rarely consider the news to be a hell of a factor, except the NFP and few other ...
james16 Chart Thread
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ghous replied Sep 2, 2008another pair of perfect Pin Bars... — here are another set of highly tempting pins on the daily charts...
james16 Chart Thread
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ghous replied Sep 2, 2008from the technical point of view no way were those pins failing!! this has got to do with economics, guess it all goes down to prove that the fundamentals are also important... now i just wish the NFP does'nt have more suprises for us tehnical ...
james16 Chart Thread
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ghous replied Sep 2, 2008Nicel caught Thexder, will keep an eye on that... BTW guys don't ignore the NFP this week, with pins going horrigly wrong these days i am less keen to take on any more trades till atleast the NFP dust settles...
james16 Chart Thread
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ghous replied Sep 2, 2008i am glad my pending order was'nt hit... these days certainly are'nt the merriest of days for James16 fans...

james16 Chart Thread
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ghous replied Sep 1, 2008i still have a pending order 15 pips from the open of the open pin bar, so far it has'nt been activated atall, so if you're in a trade i agree with the others that the entry was far too aggressive, that being said i don't mean i don't see this thing ...
james16 Chart Thread
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ghous replied Aug 29, 2008it's refreshing to see somebody trade successfully off the lower tfs, ofcaorse the difficulty level aside once you start trading profitably off them they can be charming eh? :nerd:
james16 Chart Thread
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ghous replied Aug 29, 2008HAHA...i'll be looking to work over this from now on... Regards, Ghous.
james16 Chart Thread
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ghous replied Aug 29, 2008yes that was the way to go...
i know Mike follows a similiar strategy and Jim too recommends to wait for the pin to activate before you jump into the trade...for some reason i was not following this too closely, this could be one of the reasons ...james16 Chart Thread
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ghous replied Aug 29, 2008thanks for the cheers up Fxgrinder! i really appreciate it, i realize myself that i have grown as a trader, though i still can't call myself a good trader yet, a lot of hard work is yet to be done and a long way down the road to where great traders ...
james16 Chart Thread
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ghous replied Aug 29, 2008Hi Fxgrinder, A was'nt a trade for me atall (no pa indications what so ever), B is a valid BUOB according to the basic definition but the size of the green bar just destroys any space for the trade to live, (another fib level just at the close of ...
james16 Chart Thread
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ghous replied Aug 29, 2008i closed my short along the 50% fibo (refer to chart) as according to my trading plan, but if i were still in a short this little move up would'nt have taken too much of a hope provided i was strong enough to watch the price form the high of that ...
james16 Chart Thread
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ghous replied Aug 28, 2008i feel very comfortable considering double or triple pins along ppzs as great setups. there is nothing wrong with two tails instead of one telling you the way, let's take a look at it technically....you see the first pin on a ppz, your first thought ...
james16 Chart Thread
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ghous replied Aug 28, 2008i would look for a super duper setup with evefything perfect abt it to even think abt going long Gj, wonder what makes you feel like going long? any signs that you see which suggest the end of this down thrust? Regards, Ghous.
james16 Chart Thread