I was watching EU while that happened.... price gapped in blink of an eye and i was eager to fade that move but emotions took over

LJ Forex Group

Thats right... standing in front of that train is very risky there and thats why i'm going to wait for some kind of confirmation and look for tighter entry on ltf.

LJ Forex Group

Hello guys, I have that area marked for a long time now .... Lets see if we can get some interesting PA here in coming days/weeks.

LJ Forex Group

I wouldn't be so blunt with that statement She doesn't always know where she goes and she might have short memory but she definitely knows when she's there. lol

james16 Chart Thread

url On the bottom right you'll find fxtradepreview file to download. Its an updated version of fxtrade which might be still in beta phase (It works very well for me). They've added some new timeframes there including weekly. Enjoy gh

Virtually nobody is making money on Oanda accounts

Nice trade guys I was all over it but price missed my entry below 1.5900 by 2/3 pips. It would be good to see lower TL + 1.59 test later.

LJ Forex Group

I would say we are heading for 0.9950-60 first.

james16 Chart Thread

Now .... where is it going to land?

james16 Chart Thread

Hey Rust, I'm at Oanda but they do not offer this pair. Last time i've build position there by trading GBPUSD & USDNOK with help of ATR indicator.

james16 Chart Thread

Sorry if it sounded harsh but your statement "....Com_contracts = Large_contracts + Small_contracts..." or interpretation of the book doesn't make much sense to me ...but it will be my next position to read if you'll share the title. I don't know... ...

Why Is Price Doing What It's Doing?

GBPSEK — Prepare for take off

james16 Chart Thread

Grizly, i don't know how did you come to that conclusion and i don't see you saying that in prevoius post... Commercials have nothing to do with Large and Small specs. These are three separated groups but by watching Large specs and commercials one ...

Why Is Price Doing What It's Doing?

I couldn't care less knowing that their are not there to profit unlike Large speculators and usually are late in the market. Like i've said before, these companies have different bussines profile and different profit sources. Hedge funds and bigger ...

Why Is Price Doing What It's Doing?

LOL... COT is very interesting and pretty wide subject and i have to update my knowledge about it aswell becouse there are some things that are not clear to me. Check this sites out if you want to get more indepth information about it: url url ...

Why Is Price Doing What It's Doing?

You are right there Gnarly. I am entirely wrong about this "0" net position thing. Commercial positions are there to hedge the risk of unexpected price volatility but these are not banks and hedge funds . Unlike the Large speculators, commercials ...

Why Is Price Doing What It's Doing?

I still have this chart in my memory .... in fact i would sell it now with stop just above 1727

james16 Chart Thread

I do not think that banks use Futures for their transactions. Banks exchange currencies on top-level interbank market.

Why Is Price Doing What It's Doing?

I do not use fibs much and i haven't seen anyone using 70% retracement but i wouldn't put much faith in this pb just becouse of its size, location and parity above it. Good reversal PBs stick out like a sore thumb and this one doesn't show any ...

james16 Chart Thread

I like this DBHLC setup but i can't figure out your fibs here.

james16 Chart Thread

I have a hard time finding much importance in this monthly zone. Personally i would wait for some kind of PA before taking any long position. All in all ,diversity of views makes this thread interesting and i hope it will work out for you all the ...

james16 Chart Thread