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james16 Chart Thread
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Oct 21, 2010 2:32am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Pinbar
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Apparently, the climate in the first 3 months after being born is what decides our heat or cold tolerance, this is the period that number of skin pores gets determined.
More pores, the great we can dissipate body heat and can handle the heat, less pores & we are strong against the cold. Or so I read.
I was born near the end of October in the uk,....
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interesting trivia.
i think i have to get reborn to get very cold-tolerant.
Quote:
Originally Posted by joelcf
I presume professional traders would be at work, like everyone else.
Except... housewives.
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housewives work too, u know
Quote:
Originally Posted by squeezy
thnx J, i like it..... sounds like a superhero 
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hey bro, did u not sleep?
too much time on the cave.. 
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 21, 2010 4:03am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Pinbar
SC shows his male Shamanism. LoL
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lol
Quote:
Originally Posted by squeezy
its almost 3am here @ the cave, Nigerian time is 7:40am ...... had to adjust to keep up with him
how's it going..
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doing fine Sir
Quote:
Originally Posted by joelcf
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Marge: [ reading] "Parent's occupation... Please note that 'homemaker' is not allowed, as it is not real work, that's why you don't get paid."
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lol, i see what u mean.
yes it's work with no pay.
but im a feminist & i think it's noble.
im a houseband, u know.
Quote:
Originally Posted by Pinbar
Oh, It was Joel....You must have been Japanese in a former life. LoL
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the Japanese 'way of life' has spread over to Australia too,u know. 
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 21, 2010 4:22am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Pinbar
Looks like we are going to test the TL, the 61.8 & the RN.I am glad I did not jump on that H1 BEOB.
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i think if eur stays bullish, i see 114.00 is guaranteed.
if price stays bullish..
i see 117 - 120 as the next trouble area
then 130 - 140 anytime during 1st half of 2011.
let's see
Quote:
Originally Posted by Almfx
..
How do you make all tf's in 1 chart..
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Hello Alm
look for stratman's mini chart indicator
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 21, 2010 6:01am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by jeffokes
I took this EG trade this morning following these steps:....
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'Asses this please'
that didnt sound good 
seriously, i think u did well.
it was a continuation trade, near the recent highs, but momentum & trend were in your favor.
be sure u are always aware of the surrounding trouble areas that can make price reverse on u.
as for TPs, u can open several positions to take advantage of a strong trend.
Quote:
Originally Posted by mattfx
This thread can only add to what one has learnt, or would like to learn, ...
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Awesome, Sir 
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Oct 21, 2010 6:28am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by jeffokes
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As for the trouble areas do you think I did well in that regards wrt this trade as well?...!
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im not sure how to answer your question.
0.8850 is the only line i see in your chart (around current price). any other nearby trouble areas u have?
ooops, we might have a CTU agent here, i better shape up & stay serious
Quote:
Originally Posted by mattfx
Well, I think I can breath easier now having now said, thanks to Southern Comfort, and thanks Supreme, hey I feel vindicated...
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Southern Comfort huh?
im very cheap. a piece of chocolate bar would do it for me. 
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 22, 2010 1:45am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by jarroo
Any one remember this chart on the Daily Eur/Gbp? Yeah I see that its at the .8900 RN and RNs on this pair are usually very strong . .just an observation.
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it was the 3rd touch of a weekly down-TL too.
i believe it's just an excuse to make a pause. 
i wont be surprised to see 0.90 - 0.95 by year-end/new year.
Let's see
Quote:
Originally Posted by dk2007
Does anyone know why this 2 day PB failed? It was on 50% ret and trendline.
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Hello Danny,
u did not specify if u are talking about a bullish or bearish 2-day PB.
either way, they are heading into traffic & have not been triggered yet.
imho, it has a slightly bullish bias, but there are much more better setups out there.
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 22, 2010 3:36am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Edonya
I want to show you another trade i placed some few hours ago on retracement. And i will manage it accordingly. Entered at 1.3954 and i will move to BE when price gets to 1.3900.
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Interesting trade.
touch trade?
do u regard the PPZ around 1.3900 RN as minor/insignificant, that's why u are only going to BE instead of taking at least partial profit there?
Thanks!
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 22, 2010 8:36am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Be Cool
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Hello Be Cool,
chill... dont worry. 
at first all seems difficult.
i think u just need to do PPZ plotting exercises.
review james16, mbqb11, jarroo charts, the free videos. also, this recent post by Pinbar.
start with Monthly chart, down to weekly, daily. Monthly PPZs are the most important, then weekly PPZs, then daily.
u can plot minor PPZs on H4 & below, but u can do that at a later stage.
if your current PPZs are 'close to each other', to me it means
-you plotted redundant lines (your PPZs are very near each other, pip-wise)
-u have too many lines
u have to refine your PPZ plotting skill so your chart wont look too cluttered.
S/R or PPZ plotting is mandatory, IMHO, for trading success... so a trader should acquire that skill as quickly as possible.
Hope this helps
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 22, 2010 8:40am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Adilius07
..I decided to pay most attention to those PPZ where I have my fractals too... so I would skip a lot of "in the middle PPZ".. Fractals show the swing reversal, and when it aligns with PPZ it is a significant level....
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based on that chart, it looks like fractals can help. 
__________________
Failure is the mother of success: learn from 'her'
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Oct 23, 2010 8:03pm
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by kwikwis
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This IPB on weekly (FXCM feed) E/U has BRN and FIB retrace,
do we need more PA on daily or just enter Monday at close of the bar with stop above the high and target at low of IPB ?
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hello kwikwis,
IPBs are pretty advanced...
if u are new to James16 method, i highly suggest u trade PBs, BEOBs. they are easier to trade. IPBs operate slightly similar to (regular) PBs.
if u are new, know that im not discouraging u to trade IPBs, just telling u to walk the 'progression path', an advice which u'll appreciate sooner or later.
Quote:
Originally Posted by ^eagle^
Hello,
I have been trading for about two years.. I want to do this full time so badly. Get out of the rat race and walk in to my work one day with mistletoe pinned to MY BUTT to tell the corpratocracy where to kiss it.
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if u want this so badly, then as much as possible do it right from the onset.
read this thread, re-read posts, watch the free videos before u ask questions.
why ask questions later? because most likely, your questions have been asked many times, & the answers are gold glitters found in this thread.
it takes time & there is no shortcut.
Good luck!
(eagle, 1 of my favorite birds!)
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 23, 2010 10:20pm
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by kwikwis
..IMHO psychology behind PB and IPB are almost the same compared to BEOB/BUOB.
Is that right?
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depending on your perspective...
they are all pretty much the same 
remember u can view a PB as a (2-bar formation) BEOB/BUOB or vice versa (a BEOB/BUOB, a 2-bar formation/setup is a 1-bar PB)
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 23, 2010 10:51pm
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by fap103
How many different currency pairs do most of the members focus on?
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to be honest, that question is immaterial because everybody trades differently.
fact is, there is no statistic on how many pairs 'most members focus on'.
u should focus on how u trade, your comfort zone, & what YOU want to/do trade. 
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 24, 2010 7:51am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Pinbar
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Ok, can you post you second Monthly...
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Quote:
Originally Posted by jeffokes
And this is my Daily Tf:-
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Quote:
Originally Posted by forex0908
Here are my Monthly Levels:
..
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Quote:
Originally Posted by HanSolo
Here we go. I will post my third chart after lunch.
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a healthy exercise, IMHO 
Keep it up!
look back to these posts a month &/or a few days/weeks from now. it's a confidence booster! (i encourage others interested in learning/improving PPZ plotting to join in, or at least pay attention to/follow these posts)
Quote:
Originally Posted by ghous
..MBA would come later if i wish to pursue it, which seems highly unlikely. I am more inclined towards going for a professional certification like CFA...
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im not surprised. 
awesome goal ghous!
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 24, 2010 8:32am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Pinbar
3rd weekly
Thanks for the thumbs up SC.
I can not think of a nicer way of spending a Sunday evening, working on the story that price tells us, over and over again.
We want to be like you guys someday Supreme.
How infectious this is with us all doing it together. 
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im just a half-step up the ladder compared to u, my friend.... im not far away at all, experience-wise. we are all walking along the same stairs to heaven... to our goals
btw, Sir, did u notice the attendance ballooned 'down there' (traders viewing this thread) soon after this exercise got launched by u guys? 
healthy weekend virus - the PinHanjeff0908 virus
we all should muster the needed zeal to study, to learn until we reach our goals. i'll never stop encouraging people to continue learning & asking questions..
Quote:
Originally Posted by Pinbar
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Yeah, maybe we should start a sub thread just to practice PPZ. To not clutter this one up.
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would be an excellent addendum to this thread., if ever.
i envision it as a thread with 'no/less talk, just/more charts', literally an eye/mind candy... but could be anything u expect&want to be.
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 24, 2010 10:42am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Pinbar
Ghous & SC, please gown your judicial gowns.
D3 and how it looks on H4.
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uh oh, im not a good judge, i think.
i have trouble conveying my exact thoughts into words. 
btw, we are 'playing' right? i'll reserve my judgement til next week/next month, so i'll let PA unfold unto your plotted PPZ lines. 
this is my 'way' of helping, regardless if u realize it or not.
btw, personally, i try to use as little color on my chart as possible. i do this so the bars will stand out as opposed to getting drowned/obscured by the lines/indicators.
for PPZs i use different line styles &/or hues (example, black/gray/dim gray/dark slate gray....instead of different colors) to denote priority.
example, for monthly/weekly PPZs, i use black colored solid lines, for daily PPZs, i use the same black colored solid lines BUT the length is shorter or only encompasses a certain length (this differentiates a daily PPZ from a weekly/monthly PPZ).
for H4 & below, i use black dotted lines that are relatively shorter in length (higher TF PPZs has a greater influence on price, time-wise, thus the length is much longer than say a H1, M30 or H4).
just sharing it, maybe a few here might wanna try it. 
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 25, 2010 4:53am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Almfx
PB off weekly ppz
Should be careful of the BRN(1.4) ahead though
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personally, if i were to short eurusd,
i would want that PB to close much lower, preferably below 1.4000 BRN.
a journey to 1.3900/1.4000 are 'buy dips'... as eur is strong IMHO.
the retracement to 1.3700 last week was very shallow IMHO. feels like an upside breakout, or at least a revisit above 1.41, is due soon.
Quote:
Originally Posted by Pinbar
At 53 I would rather forget them, like James16...LoL
Still as they say, you are only as young as you feel.
I feel, about 8....LoL
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8 is too young to trade. 
those years are for eating chocolates guilt-free.
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 25, 2010 6:18am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Jey
In life, even walking down the street can be dangerous. You'll never know when some drunk idiot will come driving and squashing you to a pulp. Does it mean you never ever go out for a walk?
They say that Forex itself has a 95% casualty rate, does that stop us from trading? As dangerous as that sounds we are still determined to learn the ropes and be part of the small 5% of successful traders..
..
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i think u got the analogy similar only to a certain degree.
I guess u live in a 'dangerous' place too. 
if i live in a 'dangerous' place, i either
-limit the frequency that i go out of my house
-go out at certain 'safe' times
-avoid going out at night or without a company
-avoid dangerous areas/spots completely
-carry a gun or know some self-defense
-move somewhere relatively safe
all these to limit the risk on my life.
i believe the natural & best progression is trading PBs/BUOBs/BEOBs well first, then the other PA setups (u choose between IBs, bar high/low breakouts, IPBs).
so to limit risk in this case, i try to crawl first before i attempt to hop/run... that is, trade PBs first before IPBs. same reason why ghous has a cautionary signature about IPBs.
Quote:
It doesnt matter how dangerous it is or how long it takes, we will learn it and we will get there
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i think it matters a lot, specially the 'dangerous' part.
if we disregard the 'danger', we risk losing our account, or worst, the ability to trade at all.
Quote:
Originally Posted by Samb0o
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Most of this profit has come from XAUUSD pair. Havent tried XAGUSD and wanted to ask you about this pair. Does anyone trade XAGUSD pair and and does james16 method work in there?
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awesome!
i believe it works in all markets/instruments
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 25, 2010 6:28am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by nasir.khan
But it doest't mean u should do Jaywalking straight away or ever. lol
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hahah. good point.
in short, follow rules.
i often do, at least. 
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 26, 2010 7:16am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by nasir.khan
Ok whats next?
Now 1H candle will close in some 10 mins and I want a reaction that this area deserves, a PB would be ideal but does't seem like it anyway a poor close like close in half of its size would be enough to move my SL to high of the bar.
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interesting trade.
i just checked gbpjpy chart.
gbp has been strong today. gbpjpy displayed that strength too.
the H1 close was pretty strong. no good, quick reaction off that area.
i think price needs to make a strong move through 128.40-70 area.
so far price is stalling.
it's your call...manage it well,
Quote:
Have to reduce risk, that's what i concentrate after i enter the trades.
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Quote:
Originally Posted by ^eagle^
I entered..
How long do you hold trades? Thats something I havent seen come up. With such large stops I would guess some trades go for days. Does anyone use a time limit? If so what has worked out for you?
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hold trades as long as u are comfortable holding.
hold trades basing on S/R-related decisions.
it's very personal. so everybody trades differently.
u have to find your own way... by reading through here. 
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 26, 2010 7:53am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by nasir.khan
Haha its the way it is.
But reducing risk can be painful if u dont use your brain much and be fearful of loosing money. lol
Look at that trade it dint closed well and i dint even waited to let it take out my stop loss which was just 18 pips below. I cut it and it blew up for some 130 pips now.
.
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haha, we all experience that.
for gbpusd, dont worry, i got a good chunk of it for u
btw eurusd looks terrible now. i can now see possibility of move towards 1.3700 area.
we just keep learning, practicing, studying 
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 26, 2010 8:15am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by mattfx
My eyes are giving this pair a good drilling and, I hate to say it yet, "I think" you may have something there supreme .....thru the weekly at 3900 and low of 10/25
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u mean possible support in those areas? yes, im aware Sir.
possibly more wood chopping to go.
currently, im still a eur-bull regardless if we go down there (sub-1.3900).
Quote:
Originally Posted by nasir.khan
You cant ignore 3858 that's my TP atm BUT with gold hovering near 1328 any thing could happen now.
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1.3858, Friday's low? for sure.
yes, anything can happen.
just exploring more possibilities/scenarios.
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 26, 2010 8:47am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by squeezy
hey Supreme,
did u reverse ur initial long ....... 
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lol 
i closed, all of it.
yes, i got a very tiny chunk of that short too.
watching tv, so i didnt pursue my short 
i hope u take profit when i possibly go long again.
i knew someone might post such a chart.
nice trade!
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 26, 2010 9:31am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Pinbar
Well, so much for my theory about that monthly PPZ holding on EUR/GBP.
Back to the drawing board....
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well, that's trading.
we wont get everything right... we just try to come up with possibilities/scenarios, then try to trade when the odds are with us.
i believe a gbp-related news earlier triggered the gbp strength (& eur weakness, via eurgbp) today.
worth noting is on eurgbp weekly, the ongoing upmove has had very little retracement, so current PA is not really surprising, IMHO.
remember, october is not yet over, so that monthly PPZ could still hold.
let's see
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 27, 2010 1:26am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Pinbar
Thanks....Did you take that BEOB short? If you didn't because you missed it or something, would you have taken it...
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are u referring to BEOB (#9) here?
if so, it was just engulfing a Sunday bar.
i missed it & had other trades open.
i rarely take trades off of Daily & above... if ever, i may have taken trades off of H4/below on eurgbp.
Quote:
Originally Posted by mbqb11
It isn't that HUGE bar
.. sorry for not being around too much, got hit with a quick flu the last few days but starting to feel better should be back to normal in a few days
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that explains your absence.
i never knew there is such a flu as 'quick flu'.
it must be a US/NY virus strain or something.
Quote:
Originally Posted by bluetrader
Since
.. Is this a good distance?
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yes, IF u cant zoom in on your chart
Quote:
Originally Posted by nasir.khan
no this one!!!
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but his laptop's got a HUGE screen for his age... it's even bigger than his head!
Quote:
Originally Posted by Breakeven
I've been following this thread for some time now as a non-member...
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Hello Breakeven,
looking forward to your charts! 
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 27, 2010 2:57am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by HanSolo
Hello Ghous, I confess I'm a little bit confused about you pointing this out. Since spotting relevant trends for J16 trading is giving me a headache lately I wondered why you considered it in spite of the long uptrend on the daily..
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im sure ghous is gonna reply soon..
just wanna say that trends dont move in a straight line.
there are trends within trends.... price zigzagging up & down.
& he is not trying to target half of that huge trend... at least not yet.
he is only looking to take a chunk out of it... unless price progresses well in favor of his short & he still has some positions left open.
Quote:
Originally Posted by ghous
, 2 hours to go for my marketing exam and I got 4 more chapters to read (yeah, it's not my thing but I need to pass ) so hang in there..
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what a crap exam, disturbing ghous' trading. lol
btw, seems like u are reading this thread more than those 4 chapters. 
Good luck.
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 27, 2010 4:21am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by squeezy
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glad u took some profit already so i can trade long in peace.
it would be hard for me to keep up with u, squeezy.
but i'll post these 'touch trades' just for today. (not watching tv/reading right now  )
planning to take out some stops on the way up  , if price moves further (1.58, 1.59 onwards).
Quote:
Originally Posted by Pinbar
Ah, that is the answer I needed to hear.
So my thinking on that EG was not wrong?...
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i think, it was more of incomplete, not encompassing the big picture. (explained at length by the seniors)
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 27, 2010 5:56am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by geniusztc
is it a good pinba on eu's 4h chart ???
anyone have any ideas ??? thank you
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most likely this is an unpopular buy, but i think it's a good buy.
my minor trade got stopped out ,after about 15minutes, to the pip (1.3798), before it shot up to where it's now 
might re-enter it if i get a good price.
it's probably time to visit 1.4000-1.4150 again(& onwards)
based on your question, i suggest u get good at PPZs plotting first. 
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 27, 2010 6:49am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by geniusztc
i put my SL @the pinbar's 61.8%,i am afraid of my long position .because the bearish seems strong . or i should get a few pips and get away.
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Quote:
Originally Posted by geniusztc
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thank you for your advise . good luck to you and myself .
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ni hao,
your posts dont sound too good. they make me worry.
i highly suggest u study this thread. if u keep on following other people's trades/advices without knowing their trade rationale & trading&risk profile
& without being 'in sync' with them.... your trades will eventually disappoint u.
self-reliance is the best way forward.
u dont have to reply now. take this post as my way of looking after your trading future. get back to this post after a year & tell me what u think by then.
i believe u are Chinese, & if so, u should know the value of patience & long-term thinking.
--------------------
if we study & practice well, this is what most of us will eventually say
Quote:
Originally Posted by Edonya
I
...i didnt know that one day i will be able to analyze charts in my own way the way i am doing right now.
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awesome.
be careful with your leverage, dont get overly aggressive. 
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 27, 2010 7:20am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by HanSolo
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I was just wondering why Ghous' AUDCAD and EURCAD were considered so different by the advanced traders in terms of the trend. For me both don't seem so different (EURCAD a little steeper but with more pronounced consolidation in it). But I guess that comes with experience and a slightly different evaluation of BEOB/BUOB and PBs. Hope to be there soon.
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yes, u could say they look pretty similar, but structurally they look a bit different.
both charts have hit their respective FTAs. (see the charts)
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
Last edited by supremeChaos, Oct 27, 2010 7:54am
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Oct 27, 2010 7:51am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by relyt
... we are nearing the end of the month. If both of these close as pinbars, what do you guys think about these:
...
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relatively small bars, but may have potential.
personally, im not that strict with plotting divergence, so i'll consider those ok.
still depends on how the monthly closes.
Quote:
Originally Posted by Johnsie
Entry at yellow line
...
Comments?
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im not sure...
is this a buy stop entry? at 1.5879?
reasons for entry?
it's a bit unclear based simply on that chart.
__________________
Failure is the mother of success: learn from 'her'
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Oct 27, 2010 8:02am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Pinbar
If we are looking at monthly bars, GBP/CHF looks big enough.
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zoom out, it's still relatively small.
but possibly hinting at future direction.
a possible huge monthly double bottom, too.
Quote:
Originally Posted by Atc
Here's one for the wklies!
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sure, but it already triggered & hit it's FTA! 
__________________
Failure is the mother of success: learn from 'her'
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Oct 27, 2010 8:11am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Atc
Hey ---I'm no signal service! LOL
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u could offer one, when u are not out riding the dirt 
__________________
Failure is the mother of success: learn from 'her'
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Oct 27, 2010 1:04pm
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by john225
Are you guys making first the PPZ Levels and wait for the PA or are you drawing this Levels then when the PA has been formed?
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plot PPZ first , then wait for PA setup
sometimes PPZs plotted days, weeks, months ago still apply/apply many times
__________________
Failure is the mother of success: learn from 'her'
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Oct 27, 2010 1:45pm
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by ghous
So true...
Sometimes I wonder what freedom is, and despite us claiming that we're free, are we really...well...free? 
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on the bright side,
working or studying have some good effects on us:
-it gives us a framework, or a routine to revolve on. (school-related examples: wake up at x:xx, go back home around x:xx; daily math class 1hour, science class next for 1 hour also... blablabla)
-it instills & maintains discipline. (u have to go to school/work daily; cant play or watch tv too much, blablablah)
-among other things
somehow these (routine, imposed discipline, etc) are the things that are lacking or at least have been reduced in my life right now.... me being out of school or un-/never employed --me being my own boss ( just trading) now.
so in my case, too much freedom has been detrimental a bit.  (self-reliance, self-discipline, goals helps tremendously to help keep one on the right track --- these have helped)
lol, too much 'drama talk' from me before i 
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 27, 2010 2:03pm
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by ghous
Can't believe a lifestyle so sexy. Wow lol. So you're already living your dreams...well except perhaps the Veyron as the only subtraction for a short while I guess
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B.Veyron? 
cant afford that &will not even think of buying it or a car half its price.
i'd rather buy roomful of chocolates  &/or donate &/or summit Mt.Everest 10 times or whatever.
i only dream of buying &/or riding a porsche, ferrari, or this(the white one on the extreme left &right.... oooops, i mean the gray one in the middle)
im not living my dreams yet. did i make it sound that way? 
sorry, i must be too sleepy now, so much so that i dont know what im typing. lol
....probably 1 or 2 years more.  
__________________
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Oct 27, 2010 2:10pm
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Greenhaze
Just took a full bar loss on 4h pinbar. The location was very good imo and shape beside the close being under the open wasnt bad as well....
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it was relatively small, size-wise.
imho, it has reached FTA.
i took trades prior/after the PB formed & took in many tiny losses (very tight stops  ), just checking if price has momentum to go up.
seeing PA today& recently, i'll be looking for longs, if at all, much lower (1.34 - 1.37).
__________________
Failure is the mother of success: learn from 'her'
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Oct 27, 2010 2:23pm
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by geomink
What about that divergence?
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that divergence may or may not help reverse the current trend. look for solid PA to go long with. (with divergence already present)
Quote:
Originally Posted by HanSolo
...Reading and writing here just speeds up learning big time and I really enjoy it. Besides I hope that some other newbies may benefit from me making a fool out of myself...
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enthusiasm is very different from foolishness 
__________________
Failure is the mother of success: learn from 'her'
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Oct 28, 2010 12:56am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Pinbar
IBFX does not have much data on this pair, if I zoom out to 2 clicks below the minimum, this is what I get.
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 is that from IBFX Australia still?
mine has up to July1989 data for the monthly chart.
either scroll back (temporarily disable Auto-scroll feature) or adjust the settings at Tools > Options > Max Bars in Chart (under Charts tab)
***
btw, my charts dont have 'm' after the currency pair names (yours says 'GBPCHF m'; 'm' i think denotes Mini account)
try this.
press Ctrl + O , then under Servers tab, check the server u are using.
does it say "IBFX-MT4 Mini-1" or "Mini-2" etc?
im using 'IBFX-MT4-Demo1 Interbank FX, LLC' server.
see if using this makes a difference.
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Oct 28, 2010 1:19am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Pinbar
No, it is not the AU platform but it is a mini account.
This is what the server is set to.
...
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hmmm..
same server but different data feed content.
try the other alternatives i've mentioned
& another one:
open another demo account. this time, on the 'Open an Account' dialog box, choose 'Standard' as account type, instead of 'Minis'.
__________________
Failure is the mother of success: learn from 'her'
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Oct 28, 2010 7:33am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Adilius07
20%? That's my YEARLY goal  or you meant something else?
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he meant 20%..... of his trading position. 
earlier, he has closed 80% of it.
__________________
Failure is the mother of success: learn from 'her'
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Oct 28, 2010 11:42am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by bluetrader
I don't know...
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Quote:
Originally Posted by ghous
Love the way your charts portray the art Danny.
..
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Quote:
Originally Posted by squeezy
was just about to say that Ghous
really like ur charts Danny, the simplicity of how u portray it is very easy on the eyes...
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my eyes love dark background charts too.
like the way that dark rectangle highlights those dark slate gray horizontal lines.  (i often use that color myself)
yup, im saving this one.
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Oct 29, 2010 12:21am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by jarroo
The 1.2900 is a key level on the Monthly
Or if Price stay above the 1.2900 by month's end, we could be in for some more uptrend movement. ...
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agree Sir.
though i never trade audnzd, i have a PPZ around 1.2800-1.3000, which i believe i plotted last year.
this area has been influential since March1985 (FXPro monthly)
Quote:
Originally Posted by Donkey
1.3000 broken and retested with a nice BEOB. I have a pending demo short very close to triggering.
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i think there's a fair chance price will reach your FTA (your blue box, 1.2900).
if 1.3000 holds (turns into resistance) &price deteriorates further, i think it's possible for price to revisit 1.2300 - 1.2700 area.
having said that, until 1.2000 convincingly breaks, IMHO this pair is bullish.. & if so, i think we'll see 1.3000 as support next year.
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Oct 29, 2010 1:06am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Pinbar
Jarroo, is this a different way you are using space than Mike is in that screenshot from his space video?
Or maybe, I am misunderstanding that video which is not unlikely.
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yes there is space.
but i believe jarroo's response (about Space in his above post) encompasses all his observations for that chart, not just about the space per se.
either that or his 'space requirement' is much more strict, when he talked of 'space'.
__________________
Failure is the mother of success: learn from 'her'
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Oct 29, 2010 3:08am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by mattfx
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naughty guy
u must be a very rich guy with a lot of time & loves solving problems.
why do i say that?
consider your equations:
wom an = time x Money
wom an = Problems
since u love wom en
wom en = woman x 10000 (infinity)
& mattfx = (loves) wom en
therefore, mattfx = (time x money) (problems) (infinity)
correct? 
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 29, 2010 3:27am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by joelcf
Close 
...
Another universal constant is that money is the root of all evil.
:. Women = (sqrt(evil))^2
:. women = evil
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that's not what the bible says, but i will concur
btw, if those are the equations for woman & women, then what is the equation for beautiful women?
possible answer:
beautiful women = US Federal reserve x Helicopter Ben  
__________________
Failure is the mother of success: learn from 'her'
fortes soli superant
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Oct 29, 2010 3:29am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by antgal23
..
"Let your losers run and cut your winners short" 
I realise that why take less than A trades when they take more time to manage for fewer pips when we can wait for the best and get more pips.
...
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Great point.
good quote btw. it's actually what i adhere to. 
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Nov 4, 2010 11:48am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Sagad
..
HOW IMPORTANT IS THE TIME FOR DAILY OPEN/CLOSE? (I mean, different brokers use different time feeds right, so this will affect how a supposed Class A trade might look like)
IN UR OPINION, WHAT IS THE MOST APPROPRIATE TIME TO USE? 5am EST? 12am EST?....
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Hey Sagad,
1. importance is trader-dependent. what u can do is monitor 2 or more brokers.
2. many/most use 5pm New york close as the Daily close
Quote:
Originally Posted by Carnegie
Yeah I'm looking at the daily also but I'm trying to catch up with you guys and look to see what you are doing as well. But I would be lying if I said I'm only looking at Daily. I'm sort of used to 1HR..
Allright I'll try to do the same. jeez 60 pairs.. didn't even know there were 60.
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Hey Carnegie,
1 of my first self-help books was authored by a 'Carnegie'.
stuff look daunting only during the first few weeks/months/years (trader-dependent)...
as much as possible, try to instill self-discipline & patience as much as u can, as early as u can.... the reward after a few years will be tremendous.
glad to have another teen around, makes me feel much younger lol 
Keep reading & posting Sir!
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Failure is the mother of success: learn from 'her'
fortes soli superant
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Nov 5, 2010 1:42am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by spookie94
Is this also true with setting your SL?..
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sure, set your SLs & targets on the same timeframe that u are trading.
Quote:
Originally Posted by spookie94
...
I realize with practice and time I will be able to recognize the really good trades and my SL will seem secondary. Alot of that comes with trust in myself and the methods I use. Until this happens do you have any suggestions? Any tricks how to not put as much emphasis on the R:R?
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the trick is to concentrate on trading well (picking good setups, being patient/disciplined, managing trades well, etc) than making money.
this explains the saying which goes like 'focus on trading well & the money will just come'
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Failure is the mother of success: learn from 'her'
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Nov 5, 2010 2:47am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Adilius07
Can anyone help me and point the place where I can download MACD colored histogram? I searched through whole FF....
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hey Adilius07,
it's almost impossible to search through the 'whole' FF... very time-consuming. 
but if u really have, u should've found what u were looking for.
try the one used here.
most likely the MACD used there & found elsewhere in FF are customizable. u just have to tweak the MACD parameters (set some parameters to 'invisible' or 'black') so u will only come up with the 2-colored histogram u desire.
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Nov 5, 2010 3:45am
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Borderline yahoo & oh-no!
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Quote:
Originally Posted by Adilius07
...also I noticed that with those MACD my system slows down, MT4 takes forever to load, and my system is still ok it is i5... so maybe I should just stay with the default one... I don't want to sacrife speed for color...
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wow, nice new PC. 
probably some of those MACD's still got some bugs.
Quote:
Originally Posted by Adilius07
Hello SC...
EDIT: Almost perfect!!! But can I take this strange numbers away somehow?
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is there a "Font color" parameter there? or any parameter that is colored 'Silver'?
if so, change the color to none/black.
try it out.
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