My crude futures weekly pin already cracked north! we shall see how this plays out I'm a newby-noob on futures, I love the idea of expanding my knowledge into commodities, they fascinate me.

james16 Chart Thread

while on the subject of touch trades, throw a fib retracement on the most recent swing down on EURUSD, and look where that 61.8 lines up with...............

james16 Chart Thread

looks like the trend on this one has turned to UP, I was looking to buy @ 1.64 and manage tight, taking off all profits @ 1.65, but this thread isn't about touch trading

james16 Chart Thread

ahahaha, I didn't even think of that.....

james16 Chart Thread

no what I mean is, I enjoy my winning positions too much to not feel "happy" about them lol..... that's all.

james16 Chart Thread

I look forward to the day when a winning trade feels like eating oatmeal for breakfast I don't think I'll ever get there

james16 Chart Thread

Great post. Finding a J16 style piece of price action that is TREND-BOUND is like stumbling on $500 cash that you forgot you left in an old jacket. Feels good.

james16 Chart Thread

all true, but the location here is #1, trend #2, how "clean" the PA is #3. Just how I see things these days

james16 Chart Thread

one on futures at VBRN, also, area looks SOLID on a daily chart. I'm thinking price will first creep up to the 500, then make it's way down to the FTA. EDIT: very similar to how GBPJPY acted recently!

james16 Chart Thread

oops..... I can delete my post for a small fee

james16 Chart Thread

If it's a tool to prevent me from taking more losses, I'm all in.

james16 Chart Thread

Jim does talk of trend. Go back and read this thread, you will see many times he has pointed to the importance of going with the flow on his charts. I am not going to find the example I currently have in my memory banks, but one chart he posted was ...

james16 Chart Thread

Also, last week, I only took 2 trades on my live account - USDCAD bearish daily pin: out at breakeven, and also a touch trade on EURAUD. my touch trade on EURAUD was yesterday (sell limit @ 1.4485, 15 pips below the 1.4500 VBRN for safety, initial ...

james16 Chart Thread

You guys posting all these anti-trend trades leaves me feeling very scared for you! Anybody thinking that going long on EURAUD/EURCAD, c'mon now! zoom out and see what you're doing. Go with the flow. If we are in a ranging market, then we can buy OR ...

james16 Chart Thread

I went long on the break upward lol.... once again, strong trends are not meant to be grinded against

james16 Chart Thread

Determining a "dominant trend" was a real brain buster for me when I first started to learn how to trade. But luckily for me, I heard a genius say that trend is determined by "higher highs, and higher lows - OR - lower highs, and lower lows" and ...

james16 Chart Thread

Jim! Missed you! (no homo)

james16 Chart Thread

Mike pretty much answered it. You have many traders who see that resistance now and want to get in on a break upwards. This technique of trading is one of the most know methods by big traders. (see the original turtles group lead by Richard Dennis, ...

james16 Chart Thread

first target: 11200?

james16 Chart Thread

anyone trade futures? This looks like a good multi-bar-high breakout opportunity!

james16 Chart Thread