Something you have probably heard before....It's better to be out of a trade, wishing you were in vs. being in one and wishing you were out. I know how that feels from experience. If you are mostly unsure, stay out. Man alive, there are just so many ...

james16 Chart Thread

XCOV Question Follow up EUR/AUD — Originally Posted by xcov image Hi guys what do you think about this Eur/Aud Daily It looks like a DBLHC to me.. Not quite sure about the PPZ level though... XCOV- As you can see on the second more recent ...

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Looks to me like we could be headed north soon. On my daily chart, I am not seeing a clear signal for a long position. That could be because I'm not an "ace" yet. That being said, I am going to wade in for long at the break of the green one hour ...

james16 Chart Thread

Ok. That trade from last night played out OK. Took profit at TP1. Second position rode down almost to TP2 and I was stopped out on it at TP1 level. I'll be looking for that move north now to the 144/146 area as Raczekfx pointed out last night. I'll ...

james16 Chart Thread

GBP/JPY 4HR Profit Opportunity — Here is one that we can chew the fat on. I have an 2 entries short at 138.85. My SL is 140.95. The thick horizontal yellow line is the daily PPZ. The green horizontal lines are the 4HR PPZ's. I am using about ...

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Thanks very much rustyjeff. Just curiosity about the lows I guess. I did take a couple of shorts at 89.69 using DIBS today for a few green pips. Market stopped me at 89.07. KissFan

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USDJPY Daily Pin — IMHO a perfect example why Jim teaches to enter when price breaks the Pin. Some of my biggest losing trades last year were when I would "anticipate" the price action. No doubt I'd be sweating this trade 1-300 pips if my ...

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EURJPY — I did not take this trade because I have some already in the pipeline. However, I saw that on my alpari feed an inside bar instead of a PBar in that area. Kinda makes you wonder if these markets would move with any measurable ...

james16 Chart Thread

Thanks HP! I was going to post my chart and should have. My apologies to Jaroo and the others here. I got called away from my desk for a while.

james16 Chart Thread

I have a short that just executed at 1.7786 (the break of the PB). My daily chart shows a PB printed yesterday off a PPZ and 38.2 fib.

james16 Chart Thread

I bet the in-laws were keeping your ears burning during those years.

james16 Chart Thread

Hey Infinity! Thanks for the chart. If this pair heads north we have a PPZ at around 1.4823 to contend with. Just my two cents. Take care! KISSFan

Cable Update (GBPUSD)

You are welcome. One other thing. Daily IB's will almost always pose more of a risk because of the range. Use proper MM or demo until you are comfortable. My Euro/Cad chart shows an inside bar closed today.

The DIBS Method... No Free Lunch continues

You would have fewer losing trades on the daily TF because you would have fewer opportunities to trade IB's on daily TF's. While not rare, IB's are few on daily TF.

The DIBS Method... No Free Lunch continues

I trade with the trend in the evening. If I trade the London, I us PC's rule on direction.

The DIBS Method... No Free Lunch continues

If you were trading DIBS on this TF, you were stopped out before the run up.

The DIBS Method... No Free Lunch continues

It was the promise of transparency that convinced some of the more naive congressmen to vote in favor of this fraud. Unfortunately, my congressman was one of them.

Jacko's Forex House of Pleasure and Pain

I saw this when it happened. They found a suppository on that bull's left horn after this incident.

Cesarnc's market talk, gossips, rumours & fun

DUDE! You beat me to the video. LOL!!

Cesarnc's market talk, gossips, rumours & fun

This wacky market is printing PB's left and right. Good eyeball on that PB Sonic!

james16 Chart Thread