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Ifmyante replied Mar 31, 2011No, seriously. We can use it for easily spotting our TAs. I know this is what the seniors have been saying for years, it's just now that the why of it has hit me! Another way to use it is pretty far from the principles of this thread, but has a very ...
james16 Chart Thread
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Ifmyante replied Mar 31, 2011And just to beat the CC subject to death, here's a little more on it

james16 Chart Thread
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Ifmyante replied Mar 31, 2011Also, looking at the weekly, price has a memory of .9322
james16 Chart Thread
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Ifmyante replied Mar 31, 2011Hi JL Thanks for the encouragement
To respond to your post I opened a chart and picked on the first D1 PA with RT that I saw. I'm afraid it was a bit too small to find RT opportunities on H4. But looking at M30 (come to think of it, I would have ...james16 Chart Thread
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Ifmyante replied Mar 30, 2011I too like the EUR more, and it's the only one of the two that's been rejected from BRN. Your FTA though, I think, is a little closer than you have marked. It doesn't look terribly strong, but it's there nonetheless Edit: I'm already on a chf long ...
james16 Chart Thread
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Ifmyante replied Mar 30, 2011It's unbelievable how clear it is from the chart
Jim's totally right. Keep it simple, because it is! Simplicity is the Holy Grailjames16 Chart Thread
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Ifmyante replied Mar 30, 2011I'm really happy today Jim. I'm in the CAD/CHF short, and have faith in the bar, so I'll actually be happy now to go into some DD. It'll give me lower risk entries
Thanks to you and all the other seniors here for the amazing generosity and ...james16 Chart Thread
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Ifmyante replied Mar 30, 2011Hi Jim, This is just another name for something you've known for years. It's our FTA, it's the double top, the double bottom. There are people using the concept for scalping and for carrying, with very low risk and potentially high reward. Here's ...
james16 Chart Thread
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Ifmyante replied Mar 30, 2011CAD/CHF H4 BEOB RT Entries — Just my thoughts on possible RT entry points. Rather than see a full position go into DD, I've entered short at the first entry line. I can then add more on further retracement, lessening the risk each time. If it ...
james16 Chart Thread
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Ifmyante replied Mar 30, 2011Thanks Sammy. It's been a long time coming! The seniors here will be laughing at my naivete. This day will have come for each of them long ago, like a visitor to another country realising that they're actually thinking in the foreign language! Still ...
james16 Chart Thread
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Ifmyante replied Mar 30, 2011Beautiful, as ever
One of these days I'm gonna move over to your broker!james16 Chart Thread
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Ifmyante replied Mar 30, 2011Thanks Mike. I knew you guys love the RT entries. I had tried them based on fibs with some success (equity curve heading steadily North thanks to you guys
). It's just that this morning I had my EUREKA moment, and crivens it felt good! I ...james16 Chart Thread
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Ifmyante replied Mar 30, 2011I think it might be prudent to get permission from our seniors before advertising SS or any other commercial venture here. Granted, we know he's the one sitting at our FTA with his own rifle, but I still think it's best to ask

james16 Chart Thread
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Ifmyante replied Mar 30, 2011Here's just one other example from the same pair last year. Fine BUOB in a good position. See what happened
james16 Chart Thread
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Ifmyante replied Mar 30, 2011Hi six, Sorry if I didn't draw the H4 BEOB clearly. I was showing it to you on an H1 chart. This might be clearer, I've added the larger time frame indi. I've got the H4 bars superimposed onto the H1 chart. Looks so far like it was a pretty good ...
james16 Chart Thread
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Ifmyante replied Mar 30, 2011Nail right on head! I originally thought trading might be an interesting sideline to my life, but the more I learn and the more natural it becomes, the more I know that this is what I want to do for the rest of my life, and for an Aquarian, that's ...
james16 Chart Thread
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Ifmyante replied Mar 30, 2011Hi SC. You've just reminded me I need to get out more. I haven't physically met anybody new in quite a while

james16 Chart Thread
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Ifmyante replied Mar 30, 2011Hi all, I've hardly posted lately because I've been doing a lot of study on Supply and Demand imbalances (I met another great group of traders who fleece the market with their method). I've been looking for a way to incorporate this into my own J16 ...
james16 Chart Thread
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Ifmyante replied Mar 29, 2011gen, you've been around the J16 thread a while. You will have noticed that many of us take profits at the First Trouble Area. Why do we do that? Because Red and a lot of other smart money is there ready to bounce price right back at us. Respect the ...
Price is everything