As I state in my videos for the James16 group (on more than one occasion) - THE WHERE (location) IS MORE IMPORTANT THAN HAVING THE PERFECT SHAPE OF BAR 99% OF THE TIME. However, there is a certain danger here with newer traders using that as a ...

james16 Chart Thread

He forgot to mention that whole "Oh, the BoJ jumped in at the 88 handle." That helps as well.

james16 Chart Thread

Jade - For what it's worth - I agree. However, having said that....if 1.34 gives way, we are going to see 1.37. These are not continuation patterns though.

EUR/USD flagging south this coming week

Fibonacci is only one possible tool. The biggest problem is too many traders jump into a trade right away based on nothing more than a 50% retrace. Support and resistance are really just about all that matters. They aren't absolute, sometimes they ...

Study Price Action???

Uh.....so why are we all here? And will someone make my account stop growing? My poor broker might get upset.... Clockwork

The truth about retail Forex brokers !!

I don't trust him because he's Canadian.

Powerful 1 Min Scalping System (Fx Prime)

Saxobank is from Copenhagen. For my fellow Americans, that's Denmark, which is in Europe. Like kinda near Germany. Or England.

anyone know much about SAXO BANK for fx trading?

I believe it's something like 500 a year

Jacko's Forex House of Pleasure and Pain

Of course it's just another asset. This is the big myth that draws everyone into Forex. That somehow it's magic or different or something. Let me ask you this: When you buy Apple stocks, what are you actually buying? It could also be written as the ...

Forex just another asset ?

Whatever your risk level is, that's your stop. period. 300 pips means nothing. So for example, if you are risking 1.25% a trade, just do the math, and risk 1.25% - even if that's only a couple of cents a pip. Clockworkk

james16 Chart Thread

This could be the best post I have read in a year....

40 Bits Of Wisdom

Glad to see Mr.Trend in here...... (whispering...."Security....security.....") Clockwork

james16 Chart Thread

For what it's worth, I am not trading for a living. However, I have been profitable 12 months in a row now....so that counts for something. I am still building up an account. I am going to share with you some of the things that you dismiss so ...

Dead end...

Interventions normally do not work. Normally the best intention is to slow down a meltdown. BoJ did it, back a few years ago. Can you spot where???? It took several months of buying into USD/JPY to make it finally work. So the question is are you ...

AUD - RBA Forex intervention

Is this a serious question, or another "Lets start an argument thread" This has been debated over and over. I am purely technical, and profitable. I don't care about fundamentals at all. Does that mean I am right? No. Being profitable does. If ...

Fundamental VS technical

This is funny considering that you tag says "LIVE LONG AND HAVE FUN" And let's not forget - if there are not profits, time doesn't matter. 20 years or minutes....it's still a big fat zero if you can't make it.

It's All Noise - Right?

You are saying the same thing I was. I don't disagree....I just don't want to sit at a computer for 2 hours, it's still too much work. And by the way....what makes you think I "worry" about any trade? There are more dangerous things in life than a ...

It's All Noise - Right?

This discussion certainly could be called noise as well. It's not the time frame in and of itself that matters so much - its the price level. For example, 1.2500 is support. (An example.) At 1.2500 it's support no matter what time frame you are ...

It's All Noise - Right?

I am successful. I don't claim to make massive profits, and I am not stupid enough to trade only Forex. There is a world of opportunity out there. In my opinion, and this is only opinion....I believe the best path to success is simply knowing your ...

Name just ONE successful forex trader...

I think the poster brings up some very interesting points. However, one thing cannot be denied: As the s**t has been hitting the fan, people are running back to the United States. Let's not forget: the entire economy of China peaked at roughly 15% ...

Outlook 2008, The Upcoming US Depression