CHART — image

james16 Chart Thread

To be honest with you I didn't took it neither, It was just for self purpose of ilustrating my toughts in my above post. You don't even realise but skipping a trade and being picky is part of this business. I'm in opinion that everyone should be in ...

james16 Chart Thread

the main purpose we use it is for taken trades with the previous trend. Thats what fib were developed for.Stocks or any other instrument will often pull back or retrace a percentage of the previous move before reversing Once the stock or any other ...

james16 Chart Thread

It seems that it was a huge sell off from that point, money flowed into the market that's the only confirmation you would need to know that this move is sustained by real pro selling,and that there are new fresh sellers into the market. Now we must ...

james16 Chart Thread

so you took all the profits and leave the market alone like the majority of people who don't like to exposure their money during the weekends smart thing to do,isn't it wish you the best!!

james16 Chart Thread

nicely done buddy you could catch here a nice runner if ,as you say it, price will close with conviction below 1.585 on the weekly and monthly chart there is a lot of SPACE all the best!!

james16 Chart Thread

Is very difficult to have a right answer here. It depend on each trade and on overall environment where it develope,there are others variable you must take in consideration. But in this circumstance on this trade, I would play the pure break of the ...

james16 Chart Thread

where is everyone else,it is strange that only few people are online usually this thread is more active that you barely can keep it up with it image

james16 Chart Thread

update on AUSSIE - she did break by 3 pips and reverse,but for those who use a buffer this will not be a problem and they would never be in this tread. Remember that we trade right in to a PPZ (this is critical from james), and we need here a real ...

james16 Chart Thread

thank you bundy and wish you all the best!! thank you supreme you are right we don't know for sure how she would play in the next few weeks-months, but we can let the market to lead us to the right direction. I'm more flexible with the ...

james16 Chart Thread

thank you Sir

james16 Chart Thread

AUSSIE CHART — AUSSIE I was waiting for it for several days Remember always look to the left when you make a decision(orange box) Price just broke an upper TL that sustained this up move. Now from where do we know that this move is something ...

james16 Chart Thread

Fiber — Some thoughts about fiber. Althought there are many people who expect eur to recovery despite Greek financial crisis, many investors where cought in this fade breakout(see chart) trying to push their luck by overcome a positive outcome ...

james16 Chart Thread

LOL be careful what you wish....you never know what the future will bring all the best!!

james16 Chart Thread

You nail down the core of the story in a pure forme, focusing only to the obvious which is the only think that matter = KISS We as human being are by our nature minded to overcomplicate thinghs when the obvious is stare in our faces. We ...

james16 Chart Thread

Hey buddy!! It seems that you have a brand new signature, I figure out that is from the story that I have posted here recently. just make sure that your dream will become reality all the best!!

james16 Chart Thread

Why Aren't We Rich Daddy? — I was browsing through the internet and found this little story and I thought to share it with you, maybe you will find that you where in his shoes one time. Is about a trader and his mentor, at the end the mentor ...

james16 Chart Thread

with this storong up move I would only dare to short it if the market would give me some big PA at the right location. waiting for a pull back at right location and with the PA as you pointed out is the way we do business here. the break ...

james16 Chart Thread

usd/jpy 89.60 below the huge bearish bar(I enter after the close of the bar+other reasons) eurjpy 121.37 below 61.8 fib gbpjpy 133.50

james16 Chart Thread

you are partially right if you would try to look beyond the bar,to understand why someone would buy there,and the reasons why it developed there you will have another perspective Anyway is just my opinion and how I try to look at the market and it ...

james16 Chart Thread