I took this trade because it looked like a double top with RSX divergence with a pin. It wasn't quite 86, but it looked close enough at 85.74 for the high. Going forward, I'm not fooling with 4 hour charts, because I have been burned too many times. ...

james16 Chart Thread

You're right Mike. It sure does hurt though. This is the first trade I've taken in almost three weeks. I figured double top, classic bearish divergence, and the pin. Should have been good. Obviously not. Another lesson. Thanks again.

james16 Chart Thread

and of course the piece of garbage is coming down after hitting my stop. pissed . . .

james16 Chart Thread

Here is a trade I took and just got burned on . . . 4 hour pin on Cad/jpy. At this point, I am done trading anything lower than daily. I am sick and tired of getting burned . . .

james16 Chart Thread

i think i might be leaning toward the long term patience . . .

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

these stupid yen crosses just continue to defy gravity. i'm starting to get real frustrated . . .

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

Daily volume seems to be lower than Friday's volume. This feels like the typical New York session BS news noise move . . .

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

The 4 hour on my feed looks bearish. This seems like the umpteenth attempt at 151.50. Too much chop for me. On the sidelines until the pigmen show their hand . . . trade safe.

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

hope you had a great holiday. london should be interesting . . .

Cool Runnings intraday swing trading

True. Don't know about the dumb woman though. I'm a happily married man . . .

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

Geppy and Euro yen are two of my favorite pairs. I guess you can say I'm cutting my teeth trading these two crazy pairs. They can be burners, but if you're on the right side, they will do some wonderful things to your trading account. Looking ...

Cool Runnings intraday swing trading

FX Dad good stuff man. I like the words of wisdom more than anything else. Been at this for a year now and made a lot of mistakes. Had a lot of success out of the gate, got too cocky, and didn't cut the losses right away. I don't trade anything ...

Cool Runnings intraday swing trading

Malcomb, what's the esignal daily volume look like on ES? All I have is FxPro volume and it looks like the whole move from the March lows is on decreasing volume. That can't be right.

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

good point. let's see indeed.

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

Exactly my friend. Great to have you back.

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

Every daily chart is chop, chop, chop. Best thing to do is call it a week. There's a US holiday on Monday and tomorrow will be light trading for sure. Best to pack it up and call a week. I haven't taken a trade in almost two weeks and it's killing ...

james16 Chart Thread

I see it too. Plus, the yen crosses aren't going far without dollar yen weakening against bucky. no way.

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

nevermind. had to do with the treasury schedule next week. ugly.

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

BOJ must have had enough . . . here they come.

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