I have an even better idea: When one of these funds go under because of really crappy and possibly unethical "bets", we should lock those traders and their bosses in a room with the customers they just ruined. No SEC, no Fed intervention, no police, ...

IS the US in Recession and whos fault is that?

KrazyD - I would agree with the post that says read through the free material first. I have been with J16 for about 4 months, and it is certainly worth the time and money, however...... As the new site is still really, really, new.....I wouldn't ...

james16 Chart Thread

Yes, the eyes are the entire bars, both left and right. Yes they have to be within the left eye. You want to see the open and close tight as possible too....(although it's not 100% necessary, just makes for a "prettier" pinbar.) Also, you want to ...

james16 Chart Thread

Don't get me wrong, I am not trying to discourage you guys......just jumped in when I saw that. And, options are a fixed risk, which a bit different I would believe. I read quite a bit through this thread, but must have never got to the meat and ...

The Holy Grail - Found

Sorry 2 blink, gotta step in here...... The people claiming to be "impossible" in the market wizards are also claiming along the lines of 20-30% a year return AT BEST. This thread seems to be slowing down, and with good reason I am sure.

The Holy Grail - Found

It has nothing to do with the system in my opinion. Interbank FX has a mini account contest. I remember the first trading day or so in January, the leader was up by almost 500%. I found this odd, considering that there was hardly any movement on ...

Trading Contest - Started Feb. 3

So you are saying that ODL is alright? I just found this: " NFA orders ODL Securities, Inc. and its principal to pay a fine of $165,000 September 26, Chicago - National Futures Association (NFA) has ordered ODL Securities, Inc. (ODL) and its ...

Interbankfx platform gets frozen.

Actually, this will force me to play longer term charts......which is where I should be focused anyway. 4 hour is ok, Daily is great.....low leverage, big returns. Thanks all.

The System (Irony included)

never thought of it that way Milan......lol

The System (Irony included)

What I find odd is sometimes the spread will vary from position to position. For example, sometimes I gradually enter into a position. So, I might buy EUR/CHF at 1.6100, and again at 1.6125...... More than once I have seen where one will stay the ...

Interbankfx platform gets frozen.

Sure thing....but is it true? — Hi guys, interesting post to say the least, and important too I believe. I have to agree with Bill, not only because he is the man....but because he is right. So is the other post about people making ...

About those 95% or: some research to discuss

YES.........we have a little boy. ;-) He will be here June 20th or so.... Clockwork

The System (Irony included)

Most of what I get is "Trade Context Busy" when trying to exit trades. Not often, but it happens. In other words, the dealing desk they use is too busy trying to cover itself.

Losing connection on Interbankfx about once a week

It's not the system that would be funny, it's Boris and Kathy. Horrible.

Anyone going to the NY Traders Workshop?

The truth seems to be that pivot points that are calculated tend to work, but works even better are TRUE PIVOTS. Try zooming out in time, and you will see what I mean. The attached CHF/JPY is a blatant example of this. True, most pairs aren't this ...

Getting rid of indicators

Woo Hoo! Cool! I will find out on January 28th myself. Clockwork

The System (Irony included)

Jared - Just to let you know, Jim is not taking new members for just a short time. (He has said that it isn't fair to take on a new guy when they are working on the bugs at the new site.) I believe he wants to start taking new people on in Feb, but ...

james16 Chart Thread

Aussie Pinbar — I do not have my charts up, but it looks like it would be right around the 61.8% level on a retrace, so I would short it on a 10 pip break of the bar. Why not? However, keep in mind it's got that red line to get through to ...

james16 Chart Thread

Wow. Radical concept. ;-) — Kevin - Just curious....how did that "Pip Farming" experiment turn out? Weren't you up something like a billion pips in cable at one point? None-the-less......thank you for pointing the obvious out. I do not mean ...

Peaks and Valleys (Trading Naked)

Sounds like you need to read the James16 sections. There is plenty of free material, and trust me...the pinbars alone can make you money. Clockwork

Review of "Forex Conquered"