When price keeps hammering at a resistance like the Euro is with 3670, I think eventually the chances become high it will give way forcefully. The fake out last week resulted in price coming back to trade beneath this resistance but the hourly time ...

james16 Chart Thread

Great entry Seeking and very close to mine. When I looked at that Gold chart with Jim's ppz's in mind it felt clear as day that if $675 went, then we would see $680 and then $688. Infact, the only thing that was unpredictable, imo, about that move ...

james16 Chart Thread

LOL According to Felix, MBTrading is the only safe broker to trade with. EVERY OTHER BROKER could be involved with market manipulation. OK, Felix. Wonder if he gets commission when new users sign up?

james16 Chart Thread

TBL can always be played as a trend continuation but beware of where it comes in the trend. That last candle resembles a hammer/pin - so presuming the formation holds, you could play it long on a break above the high of that on the next 4hr chart.

james16 Chart Thread

This has been posted before. It is a good article. If you post something written by someone else you should reference them - I think this was written by Martin Duncanson over at T2W.

Trading Arcades

miaaaaaaaaaaoooooowwwwwwwww

james16 Chart Thread

Sorry - don't want to get pedantic here but stop hunting and data feed errors are not the same thing. From my experience with this, which is actually fairly extensive since I spent about a year or so making consistent money from these spikes, those ...

james16 Chart Thread

The feeds are often wildy out - I am not sure why. One reason that was offered (when the S&P was quoted a full 700 points from the underlying) is that the prices are derived from the average of the best bid and offer, plus the spread - if one of the ...

james16 Chart Thread

Hi Seeking, I closed at $682 because I wasn't convinced that $680 was going to hold. I think we may well have a go at $688 but I expect a return to $675 first.

james16 Chart Thread

zzz - this is not an example of how brokers make money it's simply an error in their data feed. If you spreadbet you can often make large amounts of money trading these spikes. I have made several thousand doing this and I was allowed to keep most ...

james16 Chart Thread

I agree with acapulco - if you show most people some success they are often willing to back you. I started trading properly (rather than just picking markets at random) about two years ago. It was all I wanted to do and all I talked about. I guess I ...

Who here manages other people's money?

Thanks Razl Dazl! Did you take dollar/swiss? It went higher - good call!

james16 Chart Thread

Yep there has been some incredible opportunities today. I made 62 pips in Gold and 31 pips in the Bund. I was particularly pleased with the Bund. Pin bar on the 1hr off of 61 fib and S/R level. Price went sideways for a few hours and then fell like ...

james16 Chart Thread

Oh yeah! LOL forgive me, I'm not with it today. I'm long Gold now from a break of this key resistance at $675...I hope that's not a fake out too...

james16 Chart Thread

For what?

james16 Chart Thread

Ah that will explain my impatience...I've only seen one!!!

james16 Chart Thread

Good question...where has Trader888 gone?

How to be a trader for a company?

Yep, this is what I meant to say - I don't like those pairs "phases" at the moment. P.S. when is the next video out, seeking?

james16 Chart Thread

I agree with Mike on this last part. PA can and does work beautifully in choppy markets but I have found you have to adapt your trading style somewhat e.g. taking profits at predefined targets rather than trailing. Profitable movements in markets ...

james16 Chart Thread

Thanks Mike. Dollar/swiss has been like this for a while now, imo, not just today...

james16 Chart Thread