Jim did go through this sometime ago, according to him it can be off stochastics or the rsi or the macd, it hardly matters. Abt your question regarding significance of divergence Ryan's answer pretty much sums it up, Divergence never is and never ...

james16 Chart Thread

Interesting how you have it on the 8H chart Jarroo, we don't have that on the standard mt4 do we? Anyhow yes the trade has somewhat developed, glad to be in it Regards, Ghous.

james16 Chart Thread

Eur/chf — Just when i thought this was going to be difficult, Monday close brings about an opportunity. Things setting up nicely o the Eur/Chf: I am still thinking on me entry point though, the 4H tells me the trend line hasn't yet broken ...

james16 Chart Thread

LOL! i am dozing off ZZzz... the trade is currently sitting at +50, i think the best thing i can do is to put a breakeven on it and see if i am lucky enough to ride it still, AHH hate these nights! See ya tomorow guys! Bye... Regards, ...

james16 Chart Thread

1.58 region being an area of short term support and resistance seems a nice area for price to find trouble in, i have that as my first target around which i'll close half of the trade and leave the rest at breakeven, the only problem is that its 1am ...

james16 Chart Thread

Gbp/Usd trade setup; — Hi guys, just placed a pending short order below the low of this pin bar on Gu with a mental SL above the pin bar high and the grey shaded region as the first possible profit target. Regards, Ghous.

james16 Chart Thread

What else could i mean??

james16 Chart Thread

Yeah! Party Time Guys!!!!! Let's hear for our mentors who've taken this thread from a trading methodology to a learning heaven for newbies and experts alike!!! Thankyou Jim (James16), mbqb11 (Mike) Jarroo, Seeking Light, Bundyraider (Bundy) and many ...

james16 Chart Thread

I don't find any use for a demo except that it is a good medium in which to discocer your trading system and experiment with it and discover the basic needs of trading and how you fulfill them. Other then that i.e finding consistency, proper money ...

james16 Chart Thread

Thanks Bertie! Yes you could have played it as a breakout plus pullback trade on the 4H, i have done the exact thing but on a lower tf to fine tune my entry, that's it. Regards, Ghous.

james16 Chart Thread

It is live in the sense of real money but demo in the sense of any impact that it can have on my real wealth. a $37 trading account, as it grows it will automatically start to become a real trading account it already is BTW cuz every cent in this ...

james16 Chart Thread

Another great lesson for me in the case of a reward... — Here is a Usd/cad trade i took earlier today... Looking at the 4H chart i wanted to catch any breakout from the 1.19 zone realzing the strong mood the bears were in, i jumped on to the ...

james16 Chart Thread

Highs and lows exceeding the previous bar is'nt the only thing that you should be looking at to be impressed with a BEOB. According to Jim's definition i cannot deny the fact that those bars do qualify for a BEOB, but to me it's more of indescion ...

james16 Chart Thread

yes i think that's it, let's wait for Bundy to clarify things further...

james16 Chart Thread

I agree, I apologize. Post deleted.

james16 Chart Thread

Yeah this guy is another "HULK" of trading knowledge, thanks for the referance Bundy, enjoyed this post, Thankyou SL Regards, Ghous.

james16 Chart Thread

haha! LOL! ok then will have to wait for it, but i can say i get a blurred idea of what you're trying to say Regards, Ghous.

james16 Chart Thread

here is an even better current example, the Gu chart You're a genius Bundy

james16 Chart Thread

let me see if got it right Bundy, In the attatched chart below, the magenta trendline is my original line i am watching for a possible breakout. I can see that if my line was that aqua trendline which is comparitively steeper the breakout would have ...

james16 Chart Thread

Looks like a solid strategy, could you share a chart or two Bundy?

james16 Chart Thread