What broker are you using on Gold........I didn't see 1082 get hit?

james16 Chart Thread

Yeah, it is still hovering though. I'd prefer a nice strong reaction at this level (drop), but it should be interesting to see how it plays out regardless. Nathan

james16 Chart Thread

Xau/USd - Gold — The next hour should tell us if 1100 truly is resistance now or is Gold headed back up. Let the battle begin....... Nasir......keep that wall from tipping North

james16 Chart Thread

Of course, I just meant it is approaching that area as we speak. Let's not bare our teeth Nasir ......we are riding the same train with departures within a stones throw of each other. (Obvious dog reference injected for Supremes enjoyment)

james16 Chart Thread

Even though I am still definitely a short in my general view of the Euro there are two things here to consider: 1) It is only Wednesday, so who knows how it will close for the week 2) It is at a swing low We like beob's to be at swing highs. Not ...

james16 Chart Thread

No guarantees.....but we should be testing 1100 again very soon!! Let's see if it now acts as resistance Nasir before plunging (ha ha.......suggestive thought powers) down to our TP's. Nathan

james16 Chart Thread

The only thing else I'd add is that you want to see beob's at swing highs vs. swing lows. Nothing about this bar or location that would interest me (it is basically consolidating). Nathan

james16 Chart Thread

Do a simple google search on trading and you will still find fundamental traders, indicator extravaganza traders, elliot wavists, neural network and many others I probably have never even heard off. To me, price doesn't lie so I think it will always ...

james16 Chart Thread

You will get PLENTY of information if you start from the beginning of this thread. It will take some time and dedication, but if you are truly interested in learning the James16 price action that is what I recommend. Once you are comfortable with ...

james16 Chart Thread

Xau/Usd - Gold — And here we are Nasir...........

james16 Chart Thread

I agree, and even at 1081 we are almost dead on when comparing our analysis. Like I said, I am watching 1100 with much interest........ Nathan

james16 Chart Thread

Gold - Xau/USD — To me, the real line in the sand is what happens at 1100 on Xau/Usd. If this breaks and becomes resistance then 1080 seems almost certain. Just my thoughts..........Nathan

james16 Chart Thread

I agree with this statement on many trades.....there is no 100% guarantee even on perfect setups but this one was C+ at best to me. It is a fairly small bar and with the BIG round number of 1.5000 looming right below (which I believe was the low ...

james16 Chart Thread

How about you push Gold to 1,081, which is where I have my TP. At that point I win my "own" contest of growing my account......ha ha.

james16 Chart Thread

gbp/chf — Really curious to see what happens here............

james16 Chart Thread

This pin is a better pin, but still fairly small compared to the buob. As long as the open and close are within the previous bar (vs. the body) it is technically valid. I was referring to the chart you posted (the pin at that time). Regarding the ...

james16 Chart Thread

If that trendline holds you will be in good shape, my only concerns would be the following: 1) The pin is not inside the prior bar (close) 2) The pin is going against a pretty huge buob 3) I would like it better if the nose was across the 50 fib ...

james16 Chart Thread

Chatzi: Others might have a totally different viewpoint, but I think it doesn't really matter what amount you use on demo as long as you stick to only risking a certain % of risk consistently on each trade. If you focus on % gains of the account the ...

james16 Chart Thread

That is a great post! Well said and dead on... The worst position to be in is a trade that you have entered but then have no clue how you are going to manage it. That creates undue stress and is not healthy to your decision making or account ...

james16 Chart Thread

I am watching this one as well Ben, although I am viewing it as more of a 2-day pin. I will be taking this long (depending on how it closes) just above the 1.6500 area. Nathan

james16 Chart Thread