Since people always wonder about where to enter for retrace entries, here are THREE ways: -38.2% retrace after the last low is made. -revisit of broken trendline -general s/r pivot / area Then just set stop above the BEOB and pray for the best

james16 Chart Thread

Steve, come quick, it's christmas on USDJPY Mh....then again, the stops not gonna move, is it.... There's good sides to this system, there's not so happy-making sides to it

Steviet's Live Trades!

Posted this in my journal, but thought it might help simplify here, too. If you wait for these setups and only trade the good ones, there's no need to randomly throw money on in between. Yesterday was a PB and even if though it was in traffic the ...

Cable Update (GBPUSD)

Since I missed the daily formation that caused the last 350 pip drop, maybe this one I can take something on. 2x Monthly bars => bearish PB, smack dab on the .618. Who's got the money, patience and nerves to play this folks? Anyone? Edit: Just ...

james16 Chart Thread

I see you're planning to retire on monthlies already Mike ;D Seems most pairs tell the same story. EURUSD and USDCHF look almost the same anyway, just looks like EURUSD might have a LITTLE bit more wiggle room to the upside. Although I doubt the ECB ...

james16 Chart Thread

Since we're talking about pins, here's one.....came from 1h, made a 4h one, moved a little bit. Could turn into a BUB on daily to complement the drop with a rise -> 2 day PB. Would need to overcome marked s/r however.

james16 Chart Thread

Something is totally wigged. Something big is happening. GJ > 600 pips, EJ 342, USDJPY > 300, Steve, this is not something that's normal.....I don't think anyone will blame you if you put a stop at 119.xx instead of 120.60... But if this meltdown ...

Steviet's Live Trades!

Speaking of how on earth did I miss this / not take this.... USDJPY 2x1D PB Preceded all the crosses' drop, too.....argh. So many pips missed :S

james16 Chart Thread

Yea, I know it's one of my pitfalls, that's why I wrote it like that, too I'm a disturbed person like that, I know it, but do it anyhow....that's that psychological self-punishment part that still needs to be mastered. Deep down you know things ...

james16 Chart Thread

Origin of the trendline / where I drew/got it from

james16 Chart Thread

Yea, saw that too.... Annoying. Like I said, price bounced right off where I originally placed a long order Friday, above the TBH and right on the 00s...sheesh, and to think I could have slept in and just done fine so far....but nooooo, I had to ...

james16 Chart Thread

Hehehe....man, no kidding, what a start to the week...the usual push and shove of the London open..well, I got hit a bit since I was honestly expecting a move PAST 1.9655, not suckering people into the drop..I'm starting to think the people that ...

james16 Chart Thread

Video, Voice....soon James will be seated in in one of those virtual reality command armchairs with 3 screens and barking out buy and sell orders while slurping on a slushie and dictating his memoirs on the side Since this monday morning has me ...

james16 Chart Thread

My condolences, those give me the worst migraines...the HDD crashes, not the I4Bs. Already put in a pending long order because I do NOT believe we will go down unless it's a retrace and then I'd rather wait for a reversal to go LONG than to look ...

james16 Chart Thread

Hey Steve, I'm not Karmo but the way ATR usually works is that it shows the average range of a given set of days. If you set it to 1 it should show 1:1 the daily bars high to low, i.e. if the day was 110 pips from low to high, it would show 110. It ...

Steviet's Live Trades!

Thanks Yea, that TBH is where I just put a tiny tiny small buy order, pretending I'm one very big fat rich bank and wondering where I would buy again Let's see how it goes...nice to see you got some of the fun, too....really hope we'll move ...

james16 Chart Thread

You, too? ;D I'm very happy. Currently +100 on the cable I'm holding and staring hard at USDCAD, too, so that it may go on down.... This week has been good to me. Not because of my intraday trading, but because of the trades I HELD ON TO. StevieT ...

Steviet's Live Trades!

The second you let anyone other than yourself make an impression, consideration or decision, you lose. If you're sure of something, no matter if it turns out right or wrong LATER, don't let anyone deter you while YOU are convinced. If you realize ...

Cable Update (GBPUSD)

But you guys do realize that the lowest price that traded once this was posted was 1.9565? The 1.9530 low was 2 hours earlier...it's not a signal service but a journal Very impressive target hit at the peak of 1.9650 so far! *thumbs up* =) I ...

Low Risk, High Reward Trading Experiment

Am I the only one who went long at 1.9540 and still has it? I'm keeping this until I get a full reversal. Traex, I know this isn't a count and I really have no idea WHAT we're in, but at least I get quite a few hints that 1.9800 lines up real ...

Daily Cable Analysis