Borat!?!?! is that you?

check it out - my system

Good read but it would be nice to add that yesterday selloff was also a result of stop cascade below the 80 barrier in illiquid market. It will be interesting when/if BOJ will come to play. Strong yen favours import and it will help to recover from ...

james16 Chart Thread

I think, i am somehow ignored here. I can be very sexy if i want Sir!!

Order Flow - Achieving the mindset

It is your job to find the FTA using the most conflulenced area just above/below the setup bar Adi. Nobody have to agree with what you have on the chart, your own experience will verify your decision making. You are progressing quite well and last ...

james16 Chart Thread

Todays frenzy market selloff reaction to talk about the possible reactor meltdown is good example of it imo. Maybe not irrational but over exaggerated for sure.

james16 Chart Thread

I'll throw in my 2c At this point anything can happen. Price as you see is very volatile at the moment. Market is very vulnerable on news coming from Japan, especially on the reactor leakage information. It is good time to sit on your hands right ...

james16 Chart Thread

Thats true in a nutshell but all i meant is if you are a fundie trader and can live with couple hundreds pips of dd then you dont have to concern yourself with liquidity when scaling in to the position in comparison to the other guy who want to ...

Order Flow - Achieving the mindset

I would differ with that. Pure fundie traders dont have to be concern about liquidity becouse their positions have long time-span and large drawdowns hence they are proportionally smaller. They do not intend to peek exact top or bottom imo.

Order Flow - Achieving the mindset

My humble thoughts about it: IMO it is different thing. Bassicaly fundamental traders dont have to think about the stop orders , limit orders , S/R mainly becouse they do not care about charts. Order flow trading might have some fundamental analysis ...

Order Flow - Achieving the mindset

Nice to hear that. Is that warm feeling down in my stomach called excitement?

Order Flow - Achieving the mindset

There are some rumours about China holding DNT option 80/85 in UJ. If that is true, i wonder when does the option expiry and who is the writer.

Order Flow - Achieving the mindset

Nice daily support area around daily buob gave us h1 pb after the false break to the downside. Weak longs are shaken out and now we want price to hit the top of the channel. Mental stop under 1.0060. Lets see what will talking heads do on aud ...

james16 Chart Thread

Hey Pb I think one needs to be very carefull playing this pair now. Liquidity is low and it can be very volatile at moments. S&R dont hold so much in environment like that.

james16 Chart Thread

Sorry for the confusion. I have misinterpreted the news big time

Order Flow - Achieving the mindset

Good analysis Would you consider GU being good oportunity for long now?

Order Flow - Achieving the mindset

Honestly i dont see a point in being suspicious about it. Boj never hide the fact that it has intervened in the market and in case of today intervention i believe it might be some kind of liquidity test before any bigger action.

Order Flow - Achieving the mindset

Just at the market open. url I believe they still have some amunition and it wont be this just one time in case of further selloff of JPY pairs. 2c.

Order Flow - Achieving the mindset

I thought Boj will intervene but didnt thinnk it will be that quick. Last time their intervention has been faded on UJ and this time they did it in the middle of the earthquake frenzy.

Order Flow - Achieving the mindset

Reserve bank of Australia is aggressively increasing interest rates (compared to other major central banks with NZD being on hold now) and there is too much risk in holding longer term short positions. Path of least resistance is still up and it ...

james16 Chart Thread

Very strong resistance - 133 RN + 50fib + 61.8fib + first test of well defined, tight neckline.

james16 Chart Thread