I'm not into classic rock... too old for my tastes...

james16 Chart Thread

Did you see this week's uncut version? It was pretty good. Gawd I love that show...

james16 Chart Thread

Take a wild guess.

james16 Chart Thread

I wouldn't trade it neither. That's a ghetto pinbar.

james16 Chart Thread

Nobody is necessarily wrong. It just depends on what kind of trader you are. And it depends on your system. If you are a mechanical systems developer, there is no set rule for MM. It depends on how you've developed and back/forward tested it and ...

james16 Chart Thread

You saw that too eh? It's pretty.

james16 Chart Thread

Good. Smart.You can do that definitely. Just start with dailys. If you can't make money trading dailys, you're not going to make money short term. Furthermore, don't get into changing what markets you trade, i.e., forex, then stocks, then futures, ...

Time it takes to be a Successful Forex trader

That's the least of your worries.Nothing scary about stop-hunters. That's how the market works. Banks run stops to create liquidity. Before you even think about making this a profession and not having a day job, you need to understand how the market ...

Time it takes to be a Successful Forex trader

SL / raczek... don't let it get to you. The people who are annoying won't be here past 100-200 posts anyway, so why does it matter? Just more of the herd... Take a look at all of the usernames on FF, then calculate how many posters around 1500 posts ...

james16 Chart Thread

PA is all about where it's at. You've got a BEOB at the top of resistance, which means I wouldn't trade that pin...

james16 Chart Thread

Compress your chart and just look for the areas that get respected three or more times. Those are reliable. You will get overshoots... view those areas as turning points rather than strict, to the pip, areas. When price moves past resistance, ...

james16 Chart Thread

Expect five years to be successful, i.e. to breakeven.

Time it takes to be a Successful Forex trader

This is a good setup for a longer term trade. Pinbar at support... not the greatest since the Kiwi market is a choppy one (a B trade for me), but the real icing on the cake is the double bottom that is forming from this move down.

james16 Chart Thread

I would.

james16 Chart Thread

I've been short on this one for a week or two now... and not only is that a nice wedge, but that pin helped as well... Price will most likely retrace back to bounce off of the downward sloping TL.. that's what price usually does... and that's where ...

james16 Chart Thread

Read Thomas Bulkowski and Martin Pring...

james16 Chart Thread

I wouldn't take that trade because it's against the engulfing bar that formed off of support. Combine that with the fact that my target would be that top channel... Just my way to trade... you could still go short on that pin (it did bounce off of ...

james16 Chart Thread

I wouldn't take it... for two reasons... that engulfing on the daily is at a resistance level that failed to actually break... thus sentiment changed quite quickly... AND... there's a weekly pin from resistance...if you do decide to play this, get ...

james16 Chart Thread

I think it'll take awhile based on recent volatility and the fact that the markets are taking their dear old friggin' time to do anything.

james16 Chart Thread

I've actually been long since July 1st off the monthly... my target is around 0820...

james16 Chart Thread