Joe, Just another look at this pair to prove why we need more convincing circumstances yet, in my opinion. I admit though, it looks as if it may give it to us. For the minute it's a gamble still though. That's why you wait till bar close.

james16 Chart Thread

Prime opportunity? No. Otherwise my post would be about the pin for sure. The daily pin (if you can call it that) is in line with the inside bar formation. ( Remember that Pins are at their best when they actually DEFINE the swing high/low.) For ...

james16 Chart Thread

EURGBP — Going to be sitting and waiting here. I personally like these type of situations where I can plan ahead. (If I'm planning, I'm sure many others are.) Preferred trade (by looking at daily) is the one described. Another possibility is ...

james16 Chart Thread

When you look at those types of pins, ask yourself whether they may be just a pull-back before a break. It takes practice, or repeat events to get a feel for the situations where that is more likely to happen than a bounce (and vice versa). The A ...

james16 Chart Thread

Hi Tyler, Definitely not a great setup, in my opinion. Clasping at straws? I'm not saying that to be rude. We're all here to keep each other in check. ....just to point out that you may be looking for trades when they don't exist. The ones ...

james16 Chart Thread

This is ridiculous. Just looked at the chart when I got up. First thing I thought of was to post in here using the same smiley. LOL What's worse, is it de-coupling itself from the usual currencies.

I see oil reaching 100 USD?!

Hi Jim, I noticed your DBHLC post the other day. Was in traffic in my opinion, for one. Like Seek mentioned, you'll do a lot more good taking those types of trades when they're placed better. ...Against trendlines or PPZ or swing highs or whatever. ...

james16 Chart Thread

If you trade solely using technical analysis , don't have an opinion. Trade the setup.

Advice Only. 1 Liners Concise.

You're certainly not alone in that view Kev.

james16 Chart Thread

Many have thought of it. The truth is, you are better off learning to read the price bars without any aids. Just because you see a technically valid pin bar doesn't mean you automatically take it. What's more important is WHERE the pin bar is. ...

james16 Chart Thread

You can create sub-accounts in seperate currencies and store money there, keeping your primary account in USD. I opened an account a month or so ago. I specified AUD, then read afterwards that only USD accounts had the paypal option. Luckily, ...

OANDA Discussion

Got them here too. Even using one on my lead light in the garage. (got an LED one now too) This area isn't too bad where I am. My folks place though... ....Power probs have them replacing their saver globes every few months. LEDs ....They're the ...

I see oil reaching 100 USD?!

Can I have a 'me too' too guys?? Had this line drawn in to help define my stop. (accidentally erased it a few minutes ago and redrew it.) So far so good. This is funny this trade, I put this on the other day. Up until this shot up I actually ...

james16 Chart Thread

Yeah, supposed to be us. Not sure what's happened there though. We had a change of government a few weeks later. : Not a good idea anyway. Those newer bulbs are prone to short life when you have crappy power. Expensive way to go if you're ...

I see oil reaching 100 USD?!

Thanks Mike. I started this anyway... Since I had a chart already PPZeded here it is with some extras... The key is only playing the best set ups, eh? ...As usual. That bottom PPZ is usable , but I'd rather a cleaner more obvious zone, ...

james16 Chart Thread

Agree. Peter, A question I've been wondering about regarding open trades. In a series of long trades for example, do you trail your stops at each new IB setup? i.e You're in a long trade based on an IB, with your stop currently just below that ...

No Free Lunch but all the Free Coffee you can drink

Krue, And finally....

james16 Chart Thread

Krue, And another. Same chart....

james16 Chart Thread

Hi Krue, For you to understand better... I suggest you start with the most obvious PPZs The most obvious are nearly always the best anyway. Like this one....

james16 Chart Thread

Don't see why not. Just bounced off of Daily Pivot/38.2% ret area. Butted up against yesterdays high and another ppz at the moment and floating around the 365 on the 15 minute . Should be right once over them.

james16 Chart Thread