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  #65752  
Old Jun 8, 2010 5:00pm
james16's Avatar
THANK YOU MERLIN
 
Member Since Feb 2005
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whaaass up big boy!!!.

will have the guest side chatroom open soon and we are using a cool webinar/screensharing software called omnovia.

how about doing a couple of small sessions for your friends?

jim

Quote:
Originally Posted by Ryanmcd View Post
It's been a few months I think from my last post here, How many have made millions now?
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  #65764  
Old Jun 8, 2010 11:46pm
james16's Avatar
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WOW I DIDNT THINK CANADA HAD EVER CUT SPENDING.

I was trading futures back then but i find the monthly chart below to be interesting.

a ten year run straight up started with a bullish outside bar in the early 90"s. was this in conjunction with what you speak of? someone else will have tro answer that.

Quote:
Originally Posted by sebastionay View Post
I wasn't sure where to ask this question bust since there is such a large number of experienced traders frequenting this thread.

To any trader that was watching the USDCAD pair during the 90's when Canada started to implement its large public spending cuts similar to what Britain will be doing in the forthcoming months.

How did the pair react to these changes? Can you remember any specific events or announcements that caused the turning points?

Regards Seb.
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  #65766  
Old Jun 9, 2010 12:41am
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exactly which is why i dont pay attention to the news unless its going to affect my air conditioning or my food.

lol

Quote:
Originally Posted by Dan Gilbert View Post
Don't you think that big run up was a result of the USA's 90s boom, rather than Canada's spending cuts?

that chart should go the other way if canada was lowering their spending.....
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  #65939  
Old Jun 10, 2010 1:32pm
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damn ghous this is really good buddy.

you young guys are so much smarter than me its not even funny.

ghous knows his stuff.

jim



Quote:
Originally Posted by ghous View Post
Hey Ben,

Good logical question,

while Mike is taking a quick power nap I'll try to jump in,

In my opinion both the cases are worlds apart, and what makes them so different is the information they contain. A pin bar even on the weekly carries less information (or price action) than a tightening range on the same tf or even on a lower tf.

When price breaks out of a range it can be expected to return to test the break out point, simply because it needs to ensure what it is looking to do is backed with enough orders in the market...
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  #65941  
Old Jun 10, 2010 2:41pm
james16's Avatar
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thanks six.

im going to start doing some for non members soon.

in fact i have the ability to let some of you old timers do some also. member or not.

it would be cool.

stay tuned.

jim

Quote:
Originally Posted by six gun View Post
If it has not been mentioned here, last night James did a webinar and it was tops.
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  #65953  
Old Jun 11, 2010 12:19am
james16's Avatar
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well sir i appreciate your kind words.

the truth is ive been blessed by this little journey as much or more than anyone that has ever stumbled over this thread.

its changed my view of the world, made friends from every corner of the globe and learned more things about myself than i thought possible.

its posts like yours that literally leave me speechless and in awe of what has taken place over the last 5 years.

i apprecate you all,

jim





Quote:
Originally Posted by smikester View Post
I don't think I ever addressed a post to you personally and I did mean to several times but never quite found the words. It was going to be a carefully thought out post.

Anyway I know that's probably not your style and it's not mine so here goes. When I started in this game I was confident I would get to grips fairly quickly and no, I didn't need any help. Two years in and I was only vaguely getting the feel of it. I kept seeing references to this thread which is coming up to a 5 years celebration now, but you know what pride is and I thought...
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