BTW Sonic, I think I mixed up the tone of your two posts. lol

james16 Chart Thread

Sounds like you aren't a believer Sonic. I know from the outside it looks over valued sometimes. A lot of what is taught is freely available if you looked hard enough. ...and filtered out the crap.( the hard part) Understand that a subscriber is ...

james16 Chart Thread

Everything is falling against the U.S. dollar for one very powerful reason. ......There is a shortage of U.S. dollars. Normally strong technical levels were blown away by this, even up until recently. Think about it. Who cares about the charts or ...

james16 Chart Thread

I think there's a mix up here between structure of the market, it's dynamics and technical trading versus trading by fundamentals and so on. Your friend should learn about the why's of the market. It's good to know. If he's doing well without ...

james16 Chart Thread

That's the problem. Greed usually wins out when you (all of us) are trying to figure all this out. A lot of traders see the potential gain and gamble, without narrowing down to the highest probability trades. Trade well M.

james16 Chart Thread

Continued with 4 hour chart — @ Mermaid... No going long on EURUSD for me. Break of the trendline won't give a comfortable pattern I like. Other pairs might give better trades, but most are in similar situation. Wanting to turn around , but ...

james16 Chart Thread

One answer: It is a retrace, of course. ... Forget the earlier pin though. ...As far as an entry signal goes anyway. It's not a retrace to enter on of the old pin. (Traffic above sucks for one. ) After a couple of days or so I'd rather see a new PA ...

james16 Chart Thread

Well thought out. ...Mostly. You've built up the thoughts that will support your decisions later on. At the moment there's no set up that would tell you to enter either way though. You don't have to wait that long for trades to ...

james16 Chart Thread

Tehurunga is right. I think you are guessing the direction correctly though. I'm guessing it will return to the trend line maybe. Having ideas on where the market might go isn't the same as spotting a high probability set up though. If you want ...

james16 Chart Thread

Raczek's the master of those plays. You can bet he did.

james16 Chart Thread

Thanks Jim. Was curious. I must have been along similar lines. Just looked at the records to find where I opened that one... 1.7533 lol

james16 Chart Thread

You're certainly on the right track saskgui. Keep steaming ahead and fine tuning that management. It gets to the point eventually where it's a downhill run. And same first TP as I used.

james16 Chart Thread

How'd you end up entering Jim? I went for the deep retrace, but can't remember the rationale. Went to bed and woke up to the run down. Would have been nice to see my free running GJ entries not get stopped out too. ...And they were WELL stacked up ...

james16 Chart Thread

And yet it looks so dang pretty! A retrace from the current level, though, re-inforces that PPZ. lol

james16 Chart Thread

Jim on Risk Reward... I've been on both sides of the fence now. Narrowing down to good R/R trades has helped a lot in the past, but I've found as I've gotten more proficient with choosing the correct bar based trades, and managing them correctly ...

james16 Chart Thread

Trading against daily divergence, but also this PPZ could cause issues. Going to watch what happens with this first. Pin formed right back to this one...

james16 Chart Thread

Bloody oath.

james16 Chart Thread

You been up again? I thought you winterized the glider?

james16 Chart Thread

You the man. Was going to do the same, but I've ran out of fingers to stick in more pies. lol

james16 Chart Thread

Good chance that it's psychological jboogie. We've all been there. Really, it can affect your decisions in ways that you may not be conscious of. The only factor the choice of broker will have on you is if they don't allow small enough lot sizes ...

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