Oh cool, thank you very much! I hear a lot about VSA, have never looked at it carefully though. I will. thank you!

james16 Chart Thread

Hello Aserbfx, this is very interesting. Is this a VSA analysis? Would you recommend any good book or website about volume? Thanks.

james16 Chart Thread

Cotton ETF - looks nice, however, besides the bar I cannot find any other strong confluences...so I might have to skip... what do you think?

james16 Chart Thread

Quote: Originally Posted by albinas image Hello, Everyone And here goes a joke: Guy comes back home. His father – trader asks sitting in front of computer: - Where have you been, son? - In the Army, dad. Good one if he trades a live account by ...

james16 Chart Thread

I like the way you draw divergence

james16 Chart Thread

Thanks Ertorque! Yes me too, we learn much more from the loosers than from the winners, that is for sure

james16 Chart Thread

Thanks John for your support! You too have a great weekend! This weekend I'm going to search for another candidate. So, hope to see you then to discuss it!

Trading Journal

General Update — I'm not giving up or anything. At the moment I am setting up everything, my platform, my rules and proceedures etc. to smoothly shift my trading to WEEKLY charts. Thinking a lot about this AND most importantly the fact that ...

Forex Trading Journal

Thanks Ghous. Strong points. Yes, exactly that trade was some kind of bravery I had maybe. When things go ok I sometimes get that bravery and overconfidence until the loosers come... So I really have a lot to work on myself.. patience, discipline ...

james16 Chart Thread

Thank you SC. Really cool analysis!! And this is what feels right to me: of course, with-trend bars will cut through anything, including RNs. So maybe really, I should save myself a headache and just stay away from such clear counter-trend setups. ...

james16 Chart Thread

Thank you Ghous. Yes in theory I understand this. But at the same time I am still in search for what kind of trader should I be? I can't say for sure which would be more comfortable foro me: taking a break or maybe letting it break then waiting to ...

james16 Chart Thread

Here is a post by Ppfx, I hope he doesn't mind me posting it. Good points made on this setup before it triggered... image

james16 Chart Thread

Yes, so I set my order 6 cents above... and my target was next BRN - 15. EDIT: Also the previous two BEOB's with the main downtrend were both headed to BRN. And as I noticed on weekly charts many times each candle covers at least 1$, so almost ...

james16 Chart Thread

Oh but that is almost what my thinking is now. Usually I would like to see some "bottoming" PA. Just like at that chart. Look it built some base, there was a PB also so I assumed we made a bottom, then a strong BUOB - "just perfect" I thought.... ...

james16 Chart Thread

yeah, that trade just had to up!!! I don't know... You know I was also thinking what if I never take a FIRST extreme against main trend but rather wait for the second impulse agianst main trend. So it will be like a higher low when I fade downtrend ...

james16 Chart Thread

Yes entered @ 14.06 (above previous bar+10c). Exited soon due to found error with my position calculations, but anyway I kept my eye on it because I thought the setup was really cute.... It still has not exactly traded below BUOB but I still ...

james16 Chart Thread

Why? — Well that BUOB was one big disapointment to me. Why? good size + div. Yes against main trend but really looked like the trend exhausted (due to size and div)... So what was my problem with this trade? Should I never trade agianst main ...

james16 Chart Thread

Well this chart really disapointed me... complete failure! Hmm, so was it because the setup was against the main trend? But the size is ok and there was a clear divergence too... So the question, should I maybe comepletly ignore those setups that ...

Trading Journal

Hello Joel, thank you very much for such a detailed info!!! You really saved me months and months of trial and error. I will add Nasdaq 100. I don't know if my broker supports european stocks (it is thinkorswim) I think no. But anyway I will keep ...

james16 Chart Thread

I see your point Osman, thank you. So maybe these indexes could be used as another confluence factor when trading regular pairs. Like if I see a long setup on EURUSD but a clearly bearish price action on EURLFX I better skip that setup...

james16 Chart Thread