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dmc replied Jun 30, 2013I like this !! Another one that was on my watch list was BRCD. Thought we would go long 2 weeks ago but stayed within this wedge. Running out of room, should pop soon but not sure which way. Time will tell.
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dmc replied Jun 20, 2013Giovanni, You can click on the users name to see all their posts. They will be in most recent order but you can scroll down and click the last page. From there you can move forward. Hope this helps.
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dmc replied Jun 19, 2013BRN support turning into resistance it doesn't get better than that. Nice one!
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dmc replied Jun 14, 2013Dennis, I didn't trade the USD/CAD because of the lack of confluence. Generally we want to take BEOB's at swing highs. This is kind of in the middle of consolidation. Could work out though just need to have a trade plan with trouble areas. So far it ...
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dmc replied Jun 11, 2013Lamer, I am not too familiar with trading the gold and silver vs. other currencies spots. So I cant really comment on that. As far as exotic pairs, I think you can trade quite a few. Basically I would just take a look and see how they move. Some are ...
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dmc replied Jun 11, 2013Jarroo, You are the man. You were one of the first people to help me on this forum 4-5 years ago. Thanks for all you do.
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dmc replied Jun 10, 2013Moon, I think you need to be careful with this one. The pin is rather small. We need to look for Big Bars at Great Locations. We would want to see a bearish pin at a swing high. This really isn't a swing high. What might help you see this better is ...
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dmc replied Jun 9, 2013Dennis, Here is my take on a few of these. Cad / CHF - Nice big BUOB as you have highlighted and you picked out the first trouble spot perfect. Now this thin could shoot up but what keeps me away from taking this trade is that it is sort of trapped ...
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dmc replied Jun 6, 2013Str8, I second what Mike said. Another suggestion to get more opportunities on more bars would be to download other brokers that have their 4-hr bars closing at different times. By doing this you can have a 4-hr bar closing every hour. -Dave
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dmc replied Jan 20, 2013This year I am looking at the Russell 1000 each week to start to get a feel for equities. Not live trading them yet Last week I marked up DNR. Checked it today and it did exactly as expected. 2 weeks ago broke out of consolidation with BUOB. The ...
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dmc replied Oct 4, 2012Nice! It becomes so easy when you only focus on obvious areas like that and forget the rest.
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dmc replied Aug 19, 2012What's up Mike and SC?! I've been around , I lurk once in a while even though I don't post. It's been a busy year and summer has been too fun, despite tearing my ACL in June(playing hoops). Having surgery in September. SUCKS! Overall trading has ...
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dmc replied Aug 18, 2012Rosco, I like the way you laid out the multiple points of confluence for this trade. You may be 100% correct that a short is a good move here, but I want to give you a few things to think about. First, if you zoom way out on the daily the pair has ...
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dmc replied Oct 21, 2011They look really good - clear flips of support and resistance. Two things I would point out are: Just to remember they are zones and not just lines, so they are almost never exact. Secondly localizing or "pinning" them to a round number also may ...
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dmc replied Oct 20, 2011Absolutely awesome, you called that one. Too bad I wasn't watching this one intraday. Will be kicking myself in the ass
EDIT: I don't feel so bad now. I cant trade this pair on OANDA or IBFX :-) PHEWjames16 Chart Thread
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dmc replied Oct 20, 2011It is a pretty good looking bar from what I can see from your chart. BUT, I have a few problems with the location though. Overall price is stuck in sideways consolidation and you are trading into the middle of the box you have marked. Price has also ...
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dmc replied Oct 19, 2011Obviously not trying to steal Mike's answer and I may be wrong but I can give you my view I think this is in an overall sideways mode. I think you want more of a defined trend, say bearish, then a raising channel (the flag) Then a continuation to ...
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