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raczekfx replied Jul 7, 2009shorted 2hr pb (arrow) with a trend — one of my trades taken last night during asia ses. along with shorts of many yen crosses (including A/J pin
). Yens are still running, hence no comments about them.james16 Chart Thread
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raczekfx replied Jul 5, 2009Yes, Matt is very nice guy and also very spiritual (nothing to do with religion) He can really help you great deal with your self development skills. We had similar paths...

james16 Chart Thread
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raczekfx replied Jul 4, 2009Yes, you're correct. They don't jump in on 1hr and exit when see another, opposite 1hr pin. They keep buying in ranges, buying more, then more... that's how trends are started.
james16 Chart Thread
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raczekfx replied Jul 4, 2009With time and practice everything is possible. Not sure about heart.... Here's something similar I did with good results for the last two years (removed a couple of filters from the chart). I once had a thread in the pf on this topic. BTW. Happy 4th ...
james16 Chart Thread
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raczekfx replied Jul 4, 2009not a problem, but with..... a buddy box as an insurance.....

james16 Chart Thread
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raczekfx replied Jul 4, 2009There goes your $2500 toy.... There is no stop losses..

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raczekfx replied Jul 4, 2009This is what I thought also.. I'd be going long on the break of that pin off of red TL with stop below the pin... and going short on that pin (few bars later) after the tl break.
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raczekfx replied Jul 4, 2009You're funny..., I'm not that old. Here's something for you. My local buddy Nick flying.... he's your age Ghous. video
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raczekfx replied Jul 4, 2009
This is one of the proper and easy ways to stay profitable in a ranging market unless you're crazy dude like me....
james16 Chart Thread
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raczekfx replied Jul 3, 2009members need to have at least 50 posts in order for PM to work.
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raczekfx replied Jul 3, 2009Let me add my 2c. I have started on small TFs and saw the light after few years, but it was a psychological and physical nightmare. I then came across J16 thread and Jims approach for newbs like me was a gift from heavens. I learnt how to sit back, ...
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raczekfx replied Jul 2, 2009I know it looks like rac's favorite, but since we closed below daily ppz and below TL, I will be a net seller not a buyer. Waiting for a bar off ppz and 1hr TL to confirm.
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raczekfx replied Jul 2, 2009Interesting thoughts. I have a friend, who has a subscription to jacko's service and every time he gets signals, he would call or sms me asking for advice...lol He called me an hour ago and and asked if he should place a buy order at ...
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raczekfx replied Jul 2, 2009S&P, dow and crude, all gave me signal to sell fiber and cable. I don't really give much attention to dblhc at trend high. If my system tells me sell, I will do so, regardless of what everyone is saying. I have faded quite a few news guys yesterday. ...
james16 Chart Thread
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raczekfx replied Jul 2, 2009Some very good info here folks for short term traders Take your notes... . I can identify with it. It's simple, yet very effective. .
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raczekfx replied Jul 2, 2009I'd also expect crude to bounce till 69 before falling below 65. we'll see.
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raczekfx replied Jul 2, 2009we're sitting on a daily SR once again with TL confl.
Up from here or down we break? I'd expect a bounce. If dow and oil starts cutting back losses, fiber should easily move up till 41 at least, imhojames16 Chart Thread
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raczekfx replied Jul 2, 2009CTs — I agree that CTs are much harder than trades with a trend, but as long as you have a proven method that works most of the time, I'm ok with it. break of the minor ppz, return to break area, tl, 50fib, Sell, stop above 61.. could be one ...
james16 Chart Thread
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raczekfx replied Jul 2, 2009Welcome to the thread Bob, Some valid points here. This is perhaps why 80% of my trading is done on 4 and 1hr TFs.
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