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ghous replied Jan 15, 2014lol. I couldn't figure out another superhero name that I could mold with Mike's
g.james16 Chart Thread
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ghous replied Jan 15, 2014There is nothing to be confused about a setup that's headed straight into a round number. I avoid such setups at all costs and are an easy pass for me. Mike and James I know hold them in high regard as well as they are watched by such a huge variety ...
james16 Chart Thread
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ghous replied Jan 15, 2014I agree with you Mav. Also, just the pull back itself was so sharp and immediate it didn't quite have that soothing rounded pull back touch to it to make up for a stress free trade. You thought that one through really well.
g.james16 Chart Thread
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ghous replied Jan 15, 2014Unfortunately no. He is absent from the PF too. He did have some personal issues that he said needed to be taken care of. I do hope everything's ok and he'll be among us soon. g.
james16 Chart Thread
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ghous replied Jan 15, 2014Hey B, This did show up on my radar but I found it to be an easy pass based on the lack of story there. I don't think moving the stop quickly on that one was a bad decision at all. You gotta be tight on these.
g.james16 Chart Thread
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ghous replied Jan 14, 2014The Pin bar not breaking on the next bar doesn't invalidate the pin bar setup. Even on great setups price may require a breather before it decides to mobilize. Talking about the situation you are talking about: I think it would depend almost ...
james16 Chart Thread
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ghous replied Jan 14, 2014Mike-ock will be down to this in a flash but here's an earlier post from him you should find useful in the meantime. url g.
james16 Chart Thread
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ghous replied Jan 13, 2014Yup. Remember Jankone? He's running Ryan's system in the "trading systems" section.
g.james16 Chart Thread
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ghous replied Jan 10, 2014Really interested in seeing this close as a daily fake out. Great confluence on this one. image g.
james16 Chart Thread
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ghous replied Jan 9, 2014Its been a while, Whats up buddy? How's the family of dobes doing
g.james16 Chart Thread
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ghous replied Jan 8, 2014The pin bar is small. By this I mean, the wick doesn't protrude long enough to display a bigger range of latched on orders. Combining that with a fairly strong dragging up trend it becomes a real tricky shot for a short trade. At best, you need to ...
james16 Chart Thread
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ghous replied Jan 7, 2014I meant you didn't use a PA bar such as a pin bar or an outside bar there. You sort of just went with the downward flow? g.
james16 Chart Thread
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ghous replied Jan 7, 2014I could have but didn't choose to because I tend to my time frames separate. Meaning that when I am looking at a story on the 4H I try to find an entry on the 4H as opposed to going lower. Initially I wouldn't hesitate to do that. The good bit was ...
james16 Chart Thread
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ghous replied Jan 6, 2014I spotted that this morning. Its interesting for sure. I like how price has been rejected off that former consolidation box and the 1.36 RN. I also like how price this morning has shown real hesitance in dropping under the LLS on the 4H. I dislike ...
james16 Chart Thread
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ghous replied Jan 6, 2014Hey F, I think a lot of people who prefer to follow the longer term MAs also use the 150 EMA. And this answers your second question too - this is exactly why it works. I find it to be specially useful when price returns to it following a pull back ...
james16 Chart Thread
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ghous replied Jan 6, 2014Hey Hartlun, Glad to see you make the decision to step out of the dark. I have always felt that interacting, asking questions and answering to those posted by others is the fastest and the most effective way to learn. Looking forward to seeing your ...
james16 Chart Thread
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ghous replied Jan 6, 2014Yup! That hesitance to the downside was pointing north big time.
Unfortunately, the bar that closed above the RN did a bit too much with that close so high above. I would have preferred my trigger to be a bullish bar with a close only slightly ...james16 Chart Thread
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ghous replied Jan 6, 2014Here's a chart I am eagerly watching for some London open action. So far it has impressed with the way the BEOB hasn't gained any momentum to the downside. g.
james16 Chart Thread