lol, yes you are right 100% here. I used to enter on 2 min (because timing is crucial) and then switched to daily TF to see how far I can hold. Lol, I ashamed of myself just to think of my way I used to trade! And that was live account...

james16 Chart Thread

Me too. If you take this niche and make such a scanner I would buy it if there was such a scanner covering U.S and European markets.... Can you imagine how rich we could be? LOL

james16 Chart Thread

I was really starring at the chart and thinking. Maybe true as was noticed I think be Mike that the difference between first beob and the one I took was the Level of Confidence - I mean first beob show us a strong move by bears from up to down of ...

Trading Journal

I also had csco on my list. Skipped it only because it had less confluence than the one I chosen and that 3 bar tight consolidation on which th PB has closed. But I do not consider Div as you do, so maybe with Div the setup would be more potent. ...

james16 Chart Thread

I don't know this. But why don't you just use this service url - it will automatically make all calculations, charts, graphs, averages, P/L's everything for you if you use MT4 - it is cool automatic journal.

james16 Chart Thread

Either that or a strong trading platform like thinkorswim it is truely amazing. Actually I am pretty much new to options too, slowly discovering this intsrument.

james16 Chart Thread

Just notice — This will be my last trade this month, I am leaving for business trip next week and will be back September 27. I will follow the J16 thread for sure, but I will not have my trading platform at hand.

Trading Journal

Yes ETF's are like stocks. Some are "cheap" but when you begin to compare you will see that it will not worth entering a trade with small size, since you will need to have a substancial move just to cover your commision. But for longer term could be ...

james16 Chart Thread

Trade idea for September 6, 2010 — VF Corp. LONG

Trading Journal

Hello Ghous, well that is really a good question!! Those both look almost identical to me!!! Both are close, very close to the respective FTA's yet first one had no problems shooting through it but mine just bounced of it. I guess there is something ...

Trading Journal

Hello Cprao. Yes why not. I meant SP500, DJIA, NASDAQ, RUSSEL. I will trade them through ETF'S (SPY, DIA, QQQQ, IWM respectively) They are traded almost like stocks (considered equity instruments) Sector ETF's are those like: XLE, XLF (energy, ...

james16 Chart Thread

Yes, as I said before it did triggered (broke below) actually more than 10c (where I usually set my orders) the first minutes of market open on monday. I was away of PC, so it basically saved me from stop, because I have not even started to prepare ...

Trading Journal

Awesome trade! Yes, because of gaps I have decided to trade only weekly for stocks. That is also easier, I can slowly go through SP500 on weekend to choose just one. So my idea was to have 30 fx pairs or so (daily) and 500 stocks (weekly) + Major ...

james16 Chart Thread

Basically, over here all my relatives, friends everyone view this as some scary addiction I have. And you know that even motivates me not to quit! lol. I just imagine their faces when I will finally have something that will prove all this was NOT a ...

james16 Chart Thread

Fantastic!! You made that trade Aser???

james16 Chart Thread

I got a phone call from my father today. Nice conversation. But then he asked: - Are you still doing that casino thing you do? - Yes, dad. - When are you going to finally become a responsible adult, you are old already! Eh. Sucks. Good thing I'm not ...

james16 Chart Thread

Trade #1 — OK, here is a EUR/CAD daily BEOB setup. Blue line is FTA, light green box is my desired target area. Going to enter it on a break of BEOB.

Forex Trading Journal

Hello Ppfx, thanks for your post. Yes definetly your advice is one of those most important things in trading IMHO. Thanks. However is one of the toughest things to master too.... Well I am going trough my charts daily. And I found a setup I like on ...

Forex Trading Journal

ORDER Canceled — September 3, 2010 SELL ORDER CANCELED

Trading Journal

The worst would be to take this pin and quickly exit at FTA

james16 Chart Thread