Just wanted to post this since the USDCHF dilemma was in discussion over on the J16 site as well. From the site: "I think the problem was there was no clarity in how to look at the chart. If we can't see it, how can the guys pushing price around? ...

james16 Chart Thread

Personally I am starting to smell a "as long as there's a trend, we don't need no steenkeen' stop losses" coming... Along with the binary outcome being tied to either the trend is still on - any random buy/sell wins eventually, some time - or it ...

Probability approach to trading

I'd post "at least one guy's, mine", but then we'd get several dozen pages of more people going "mine, too!" and saying a similiar thing Definitely also his day today for enabling people to learn how to achieve trading independence =) For Jim and ...

james16 Chart Thread

Once more, half a dozen articles about the ECB. The really funny / interesting bit is that regardless of the outcome(and any of these discussions), the EURUSD behavior in 10 minutes to me(and it seems to any of those discussing it) is not exactly ...

The fundamental terrorists must be stopped

I believe this to be a false assumption that is not applicable to the markets I have been trading. If this truly were so, then markets would gain information at set point X, immediately exhaust their buy supply which in turn is immediately reflected ...

Why contrarian trading works

Awesome. I of course immediately went and tried myself at RoShamBot. url Lost, Won, Tied, Won, Tied, tied. Decided to quit while ahead Results so far You have won 2, lost 1, and tied 3 games Statistics for 6 games winning percentage*: 16.67% ...

Intentional Stance

There's an internet now, too Just wanted to extract the juicy, pertinent bits A bit in the spirit of the threads gathering (one liner) advice. As for defining trends, either DOW theory, a trendline or a simple zoom out on the weekly should ...

Brian Marber, my man !

Pssssst, raczek, don't jinx my 5m PB! ;P (This should put SP in high alert as well! ;p) Here's a pair loathed by many for good reason...one of the rare occassions where it might actually not go racing skywards for a day or two could be here(Totally ...

james16 Chart Thread

I'd even say there'll be a knockout

Gold Discussion

I was asked about this so I'll give a brief reply: Unless the pair gets abolished, sure, it may work if the stop is properly placed. But as an approach - too inefficient. If it is so low-leveraged that 5000 pips are 10%, even if you buy the full 10% ...

Silly Trader... When will you learn that fundamentals are the only way to trade?

I find it very interesting this really happend. It just shows me the usual "explanation rhethoric / true belief" mechanism that's at work here always works in the same way: Rash moves! Quick, a rash explanation! We need external reasons! The irony ...

The fundamental terrorists must be stopped

Just wanted to throw this up here as well after already posting it to my "fundamentals denial" 1kT thread Retrace between .382 - .50 fib, former lows, round 1.56 number, pin bar, drop. Sometimes it's good to forget news exist But they can ...

james16 Chart Thread

We got to 1.5815 before we terminated and formed what I'm currently viewing as B's end(could also be a II of a new bigger move). Here's an updated count of what I've been trading down since the first bearish outside bar / candle from 1.5815. Again, ...

EUR/USD Trading Room

Since the lies and propaganda ministerium that is the news machinery is running at full tilt already(okay, SLIGHTLY strong wording, ey ;p Still, smoke and mirrors nonetheless) and FF is filling up with yet another misconstrued "it was Ben" myth, ...

The fundamental terrorists must be stopped

Also they get management fees, there's an "entry fee" etc. Sometimes the recruitment of new clients makes them more than their annual return. Well, enough about hedge funds. Just wanted to say I agree with all of that. IMHO it's another factor that ...

Advice Only. 1 Liners Concise.

Large is always in relation to. Indeed a fixed % automatically grows with account size. Saying "trade large" sounded like a big % in relation to the account. Don't get mad at me for trying to disseminate potential a misunderstanding in the phrasing. ...

Advice Only. 1 Liners Concise.

Otherwise you won't get rich. There ya go, inspire fear(I might miss out!) and greed(Get rich!), that's the best basis for calm, coordinated, unemotional trading Good advice! 1.8% per week compounded for 40 weeks in a year => 100%. Not sure if ...

Advice Only. 1 Liners Concise.

Is it still possible to just hand over power of attorney to any other individual for an account, be it a normal bank account or a brokerage account, and have someone trade for you/have full access to an account /funds without any of this bigwig ...

It's official, brokers trade against you

DOW Futures currently moving DOWn. But the unfilled GJ gap doesn't make sense to me..or do only I have that one? Oh and GBPUSD, too.

Wall Street close watch