Mamutot — Mamutot, My advice would be to pay the most attention to the TF you entered on. I admit, this weekly setup doesn't look particularly good for your position but that doesn't mean it won't work. To limit risk, you could move your stop ...

james16 Chart Thread

In 1987 Williams won the World Cup Championship of Futures Trading, sponsored by Robbins Trading Company, trading $10,000 in real money to $1,147,000 in 12 months – a feat no one else has come close to matching. It was a wild year, as Williams ran ...

james16 Chart Thread

I saw those back to back pin bars at support so I went long on a break. Because the stop was fairly tight I took a larger size than normal. Then I went to lunch. When I came back, I logged onto the BBC website and saw that the Fed had cut interest ...

james16 Chart Thread

Fed just cut rates!!!

Daily GBP/JPY analysis

WTF OMG Fed just cut rates...and I am long indices LOL OMG Edit: Ok...calmed down - going to post a chart

james16 Chart Thread

Here is the daily chart of GBP/USD to show the fib levels and TL close up. The fib is drawn from lows that you cannot see on the chart but for your information they were set in March of this year (2007) The ema is the 150. We closed below it so this ...

james16 Chart Thread

There are some absolutely insane pins out there tonight. Most notably on the Dow. But even some of the forex minors have incredible pins. If you have them take a look at USD/SGD, USD/DKK and USD/SEK. Tiki, to answer your question. First here is a ...

james16 Chart Thread

I prefer GBP/USD. The pin bar is off a rising TL, the 150ema and the 61 fib of the Mar '07 lows.

james16 Chart Thread

You gotta love it when your broker makes a mistake like this and quotes a market 702 pips above where it should be...unless you are short. The reason it took me 23 minutes to get out was because they temporarily closed it...

james16 Chart Thread

+300...

james16 Chart Thread

Anyone dare go long GBP/JPY round here??

james16 Chart Thread

I did until I decided to close it...after all, I thought, how much lower can it go? Oh....that low... Can't bear to look at the chart LOL

james16 Chart Thread

No I wasn't long. To be honest I have been able to do nothing but watch in disbelief. I am astounded at the speed with which the carry trades have unwound today. It is literally breathtaking.

james16 Chart Thread

900 pips in a day???

james16 Chart Thread

Yeah this oil call was good Seeking. I posted the same setup in J16 thread. I made some good money off that.

How to be a trader for a company?

The way I understand it, two bar highs/lows are to be played as a continuation breakout. As in, an established down trend consolidates and a two bar low forms. You then go short on the break. That two bar low at the top of GBP/JPY does not fit this ...

james16 Chart Thread

Soyabeans - Head and Shoulders formation — I wonder what price action we will see if and when it hits the neckline...

james16 Chart Thread

NZD/JPY — "Yes I'm stuck in the middle with you, And I'm wondering what it is I should do..."

james16 Chart Thread

Somedays I have the patience and discipline to hold 'em...others I don't! This pin bar worked well. I closed out as it entered into that minor S/R level marked on the charts. I made 171 points (although I was risking 118 points to make that)

james16 Chart Thread

This is currently +54 if you took a break of the pin. (not including spread)

james16 Chart Thread