I got the book but the volume thing on lower timeframe gives me serious headachs cos of watch bars all the time. I will read it and try relate it ti 4hr and daily Timeframees. What do you use for your volume indicator. MT4?

james16 Chart Thread

lol. i feel u. Btw jaroo all the good guys have left the thread, i can only count one or two reliable traders there.

james16 Chart Thread

Guys i would like to hear your opinion based on an excerp from the book trading in the zone by Alexander elder; Trading for a living. "A person who makes 25% profit anually is king on wall street.Many top-flight money managers would give away their ...

james16 Chart Thread

Thanks buddy, its so much quiet in here compared to Auslancos thread. I feel at home. I have gotten all i need from the Aus thread. lol ill go look up 179.50 ppz on my chart

james16 Chart Thread

UK PMI beter than expected. Uk has been having serious of good reports. Should bost the GBP further

james16 Chart Thread

Thanks bro. Watching out for a daily PA set up for short. We have lots of conflunces betewwn 156 and 160. Till then im still long. No one knows, we may go higher towards 160.

james16 Chart Thread

Closed out half of my long for 300pips. Letting the rest ride.. i so love the daily TF, so much less stress trading and i can do other things

james16 Chart Thread

GM news is already being priced in. Watch out what happens to GJ when UJ recovers from the GM effect. Hoping GU cushions the effect of UJ even if it gets as low as 90/92 then recovers to join the bull party.

james16 Chart Thread

Always remember, price is news, news is price. I dnt usually allow Such GM news affect my trading. Follow the charts. UJ is bearish on GM news but bcos the GJ charts says bullish, GU is countering the effect of UJ. Still have my GJ longs from last ...

james16 Chart Thread

Just as i analyses. B4 u enter a trade decide your stoplos. immediately u ente d trade, place ur stops and never move dem against the trade direction. once u make it a law it bcos a law

james16 Chart Thread

oops, just realized we got new daily R1 @ 156.14 and weekly R2 @ 156.38. There is good confluence.watching price action closely

james16 Chart Thread

we are 4gether. same analyses url have a long 152. first long signal was 146 . i tot u were done for the week? lol

Auslanco - GBP/JPY and GBP/USD (newstrade)

Next restance 155.87(monthly 38.2%fib) no confluence. Confluence really starts at , 158.11(monthly ppz) , 160( weekly 50ema and round numb) . 161 (Upper Channel trendline) also in this confluence zone. confluence 158-161. see how weekly R1 and daily ...

james16 Chart Thread

Br flexible. Dont marry the trend

Auslanco - GBP/JPY and GBP/USD (newstrade)

UK nation wide House prices 1.2% as against forcast of -0.9%. Good bust for the pound. Price is news, news is price. lovely. GJ new high lets hope it holds and GU can take out the highs

james16 Chart Thread

Before and after — as we can see GU closed below the 4hr gann and its on its way back up. In consonance with my previous analysis. Hopefully we can takeout 1.6000. Asia markets are up and still optimistic of global recovery.

james16 Chart Thread

cool, back to charting. lol

james16 Chart Thread

Greetings

james16 Chart Thread

This is where i hang now. combining price action and a good system results in higher efficiency. i have seen the light

james16 Chart Thread

its not an indicator. u got it right there on MT4. Just select the fib.....right click.....fib properties. u will see two columns. level and description. To make MT4 show price against fib follow dis example. level=0.236 then type in description as ...

james16 Chart Thread