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dmc replied Apr 8, 2011No problem. Of course nothing is 100% . I am just giving you some things to think about. Could very well work, but this setup just doesnt jump out enough to put my money on time and time again. Those are the ones to look for.
james16 Chart Thread
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dmc replied Apr 8, 2011Malarky (lovely name), Your FTA's look correct but this is not a bar I would personally take. First the bar does not jump out as large, definitely a small bar. Also the tail does not protrued away from price. Do you see how most of the bar is within ...
james16 Chart Thread
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dmc replied Apr 6, 2011It could definitely break those bar highs and take off. BUT This is definitely not one I would play though. You can clearly see you are in a sideways market. You are almost in the middle of a weird box. The top of that box will most likely be a ...
james16 Chart Thread
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dmc replied Mar 1, 2011I am staying out on this one. Size isnt there for me. Was there a pun intended about picking your nose?

james16 Chart Thread
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dmc replied Feb 22, 2011Eur Cad 4hr — This one caught my eye as interesting. I dont think I am going to take but some of these just intrigue me. 4HR BUOB BRN of 1.35 - Price close strong Also close above this red line (Not sure if this means anything) I dont like ...
james16 Chart Thread
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dmc replied Feb 18, 2011Ifmyante, I dont trade copper but here are my thoughts. We are in a strong uptrend as you can see. The bar is kind of small as well - only engulfing one bar. Also when speaking about FTA's it is important to remember that they are zones. The 4.26 is ...
james16 Chart Thread
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dmc replied Feb 15, 2011Dont you always tell us that the CLOTHES are important. Or is it the CLOSE? Wow i have reached an all time high of corniness. :nerd:
james16 Chart Thread
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dmc replied Feb 15, 2011Thanks for your reply Mike. I am sure we will hear more about this one tonight. These are the times when I wish traded full time and not getting dressed, eating breakfast, brushing my teeth, and shaving to go to work as the bar closes.
...james16 Chart Thread
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dmc replied Feb 15, 2011Missed this one — Here is a 4hr BUOB on the Gbp/AUD I was contemplating. It broke really quickly though and I didnt get a chance to put an order in so I didnt chase. Huge BUOB through the 1.60. Would have liked to see a lower low. What I liked ...
james16 Chart Thread
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dmc replied Feb 4, 2011Thanks you too. Remember liquor before beer you are in the clear. Beer before liquor, never sicker. But for the true champs it doesnt matter I owe you a shot, or five
james16 Chart Thread
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dmc replied Feb 4, 2011Understood. Kind of trading within the range, I think? You know I follow your BRN method as well. I can see how you would be able to manage the trade that way going long. Wasnt disagreeing with you just probably would have stayed on the sidelines ...
james16 Chart Thread
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dmc replied Feb 4, 2011Even better would be a short at 1.59 no? Away from the box? Thats at least how id like it.
james16 Chart Thread
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dmc replied Feb 2, 2011Dave, Just looking at the bar in general, it is too small for me. We want to see large bars at good locations. If it closed as is, it would also be a pretty weak close(struggling to close within the prior bar). ALso notice the size of it compared to ...
james16 Chart Thread
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dmc replied Jan 26, 2011When taking Outside Bars or Pin Bars traditional we are taking them as reversals at important ppz's. One of the reasons these bars work visually is because you see that price has tried to advance and then shoots down showing that the market did not ...
james16 Chart Thread
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dmc replied Jan 26, 2011John you definitely have identified some PPZ areas that would be decent to take a trade off of. 1.59 is a definitely pivot but 1.60 seems much better to take a trade off of. As you know the J16 method works in all different ways. I would just be ...
james16 Chart Thread
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dmc replied Jan 19, 2011EUR/USD —
Got myself into heavy drawdown today. Third trade of the New Year, not exactly what I wanted to do. I dont have my Mt4 terminal up but here is what I was thinking. I definitely curve fitted this a little and I am still trying to ...james16 Chart Thread