james16 Chart Thread

raczekfx · #**54065** Feb 4, 2010 10:52pm

Quote:

Originally Posted by raczekfx

during intervention eur/chf, usd/chf and gbp/chf 'usually' move in tandem.
....

..and they did.
I was late to the fest by 50 pips, but still managed to catch 200..

.

raczekfx · #**54067** Feb 4, 2010 10:56pm

Quote:

Originally Posted by raczekfx

..managed to catch 200..

.

that's not always the case. I was dead wrong about yen crosses today...

, but will get another chance with nonfarm ...

What do you think will happen to $ tomorrow, right after 8:30est? Some already know the answer, .... look at the charts. Hmm.. they don't hint any longs, or do they....

raczekfx · #**54070** Feb 4, 2010 11:02pm

Quote:

Originally Posted by raczekfx

3750 looks good, 3675 looks perfect

How did you like that 1.3675..Cbh123?

raczekfx · #**54072** Feb 4, 2010 11:36pm

Quote:

Originally Posted by Jlr

Nice call there rac. I don't understand, and still don't, why that area? Does it have to do with the lines? 1.3740 seemed like a better level, but nada.

maybe will tell you after nonfarm via pm... too many ears here...

raczekfx · #**54387** Feb 8, 2010 7:47pm

Quote:

Originally Posted by triger88990

..................unless is just some scalp,which is a good entry, hope you know where to exit,as I said befor you knows my thought about what I think is coming up.

why do guys try to catch a falling knife,don't you see you are fighting a hurricane

.

I think buffet once said, 'buy when everyone sells, sell when everyone buys...'

But on a serious note,... my broker just called me and said, fiber has room to spring back few hundred pips now. He was very optimistic and mentioned 1.4128.
Should I trust him?

raczekfx · #**54389** Feb 8, 2010 7:58pm

Quote:

Originally Posted by jarroo

Hell no . . . . 1.3500 1st then maybe 1.4000. or then maybe 1.3000

I won't argue, but agree on the last number...

Dow is very, very close to...

raczekfx · #**54507** Feb 9, 2010 5:59pm

Quote:

Originally Posted by jarroo

I'm not really good at predicting where Price is heading in the long term like Rac.

or in the fundametal long term like joel.

I just like throwing curves at the Rac-man every once in awhile. just to keep him on his toes. lol

...

On his toes, eh?
I wouldn't call them toes....

raczekfx · #**54508** Feb 9, 2010 6:08pm

Quote:

Originally Posted by raczekfx

I think buffet once said, 'buy when everyone sells, sell when everyone buys...'

But on a serious note,... my broker just called me and said, fiber has room to spring back few hundred pips now. He was very optimistic and mentioned 1.4128.

ok... first baby move of 100pips is behind us....

Quote:

Originally Posted by jarroo

(Dow) The FE 61.8?

Nooooo, something else....

Something so important that DJ always (almost) bounces nicely off it, triggering wild buying of yen crosses just like we saw today.

Oh who cares.... back to cave.

raczekfx · #**55070** Feb 15, 2010 3:07pm

Quote:

Originally Posted by chatzi

I agree, it will take time to get good at this, however from what I have read, Rac only became successful once he starting using J16 stuff?,

true

Quote:

I am a quick learner and have been studying PA and S/r for over a year as well as general trading. I have this great thread as a resource I think it can be achieved in less than 15 years.

true again.
some people have more talent than others, some people have no talent at all, even though they think they own the world...

IMO, if you're have a mathematical mind,.. are a programmer, dentist, physicist, have PHD in engineering, your chances of succeeding in this business are ultra slim. If you're an HR person, a psychologist, shrink.... you're miles ahead from others.

For the record: I am a super math minded person, so maybe this is why it took me so long. Or perhaps I had no talent at all....

raczekfx · #**55085** Feb 15, 2010 5:44pm

Quote:

Originally Posted by lovejoy80

doh, I'm a physicist! I get what you are saying though and agree...I'm too analytical in my trades rather than just trading what is in front of me on my screen and as for psychology...boy, trading opened up so many cans of worms and emotions of fear and greed that I've never experienced before...IMO trading really makes you look inside yourself in a big way...I'm half way through the journey now and have managed to control those emotions that get in the way...but I still slip up now and then and still have to remind myself and discipline myself...

This is it.. trading isn't logical most of the time and we needed to reprogram our mind in order to make an extra step forward. 2 and 2 doesn't always equal 4 in this business, hence my comment in the last post.

raczekfx · #**55086** Feb 15, 2010 5:45pm

Quote:

Originally Posted by LasVahGoose

What would say set you apart from everyone else? What would you say was your greatest break-thru?

Hope I'm not getting to personal. Thank you for all you do.

I'll reply by PM sometimes this week.
If I don't, please remind me.

.