You do not use MACD for divergence right? I think that you use RSI. The divergence on MACD was slight but I liked the bar. K.I.S.S.

james16 Chart Thread

Eur/JPY Trade Opportunity — Trade: Long two positions at 1% acct risk each entry long @132.64 Total risk is 2%. Potential Reward is 2.01%. Stop Loss: Initial at 131.69 Management Strategy: when price reaches 132.92 my stop will trail by 97 ...

james16 Chart Thread

Good post Ghous! The idea is not "to trade". The idea is to make money. K.I.S.S.

james16 Chart Thread

EUR/USD IBFX Feed — Not trying to influence you either way. I can't get in long yet with what I see. My 4hr candle closed 12 min ago. K.I.S.S.

james16 Chart Thread

So it's ON? K.I.S.S.

james16 Chart Thread

See my post #35839. K.I.S.S.

james16 Chart Thread

I placed a sell order last night at 1.1568. I just might get there today. That's the 61.8 retracement of yesterdays bearish bar. First take profit will be 1.1456.

james16 Chart Thread

When I saw this trade on the daily, I thought it was as sure of a short as I have ever seen. Some valid reasons to pass on it were presented here but I am here to learn and form my own strategy based on my own experiences. Nice little gain to my ...

james16 Chart Thread

I have been looking for an invitation to go short on this pair at about 1.633. Price has not reached that area as of yet. I have some cool confluence there just not clear cut PA giving me the wink. My daily has not closed yet. If it ends up with a ...

james16 Chart Thread

Pull a fib from Oct 2008 high to Jan 25th low and Pin is printed at the 61.8 retracement. It's also at the 365ema on daily. K.I.S.S.

james16 Chart Thread

I was stopped at 1.1490 on this one. Now I'm looking for longs. K.I.S.S.

james16 Chart Thread

Well said Bundy. Poor fella is probably laying in a fetal position on the couch pondering his future. K.I.S.S.

james16 Chart Thread

I want to take this trade and it might produce but I'd rather see that pin rejected from that 150ema. I can see a realistic 30 pips profit but I'd have to risk too much. I'm passing for now and hopeing to short from a little higher up. Also, SP made ...

james16 Chart Thread

USD/CAD — I have been watching this pair since Monday. Based on what I saw on the daily chart, I took a blind entry short at 1.1620. I felt like there was a good probability that she would reverse here because of the confluence of the reversal ...

james16 Chart Thread

O yeah bro! They'll be coming from the woodwork now! K.I.S.S.

Cesarnc's market talk, gossips, rumours & fun

Michael Jackson just died. He took Farrah Fawcets passing even harder than I did. K.I.S.S.

Cesarnc's market talk, gossips, rumours & fun

I disregard these candles in practice because they were caused by intervention or news. When you see a candle that stands out like MC Hammer at a square dance, do some investigating and make sure that it wasn't a news related event that created the ...

james16 Chart Thread

I usually take a 1 hour nap from noon till 2:30. K.I.S.S.

james16 Chart Thread

Haha! Not that I'd know. K.I.S.S.

james16 Chart Thread

Someone might mistake you for a compass? K.I.S.S.

james16 Chart Thread