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Pinbar replied May 31, 2010
Joel, all that knowledge has not tempered your great sense of humor
Many thanks for the precise explanation. Truly amazing that you had this in your head.james16 Chart Thread
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Pinbar replied May 31, 2010RN question, I read somewhere that the market being based on the old British currency moves in 8ths and 16ths. Is this true, if so, how do we setup sweet spots gold to fit in with that? Right, I am off back to the land of nod, just to get some more ...
james16 Chart Thread
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Pinbar replied May 31, 2010Thanks Jarroo Yeah, I am just trying to work out which NUT I am.
I have the idea fixed in my head now. Funny though, I did not find too many PB that were outside the close and open. Does this have any meaning if they are inside the Close & ...james16 Chart Thread
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Pinbar replied May 31, 2010Yes, Jarroo I have seen that and that is what is the problem. The first circle on the eye encompasses the close and that is why I assumed the close was the eye. I know hte second one doesn't do that but the first one you see tends to stick in the ...
james16 Chart Thread
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Pinbar replied May 31, 2010USD/CHF is starting to look interesting. USD/CAd looks like it is back in the range and is forming a BEOB on DI problem is 150 EMA, RN 1.0400 & 50% fibo just below it. Strangely enough, I think I am actually starting to like the Daily TF. Never ...
james16 Chart Thread
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Pinbar replied May 31, 2010Maybe that is why Lasvangoose, wanted that fibo indicator. I find it interesting that it still bugs you after all these years.
james16 Chart Thread
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Pinbar replied May 31, 2010Bundy, thanks for the birdcage comment, it was driving me mad. I realize, you are trying to save me from myself...! At this stage of watching the weekly and Daily. I actually think I can see things a bit clearer without putting the lines on. Maybe ...
james16 Chart Thread
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Pinbar replied May 31, 2010Sure, good idea. I am right now experimenting with a method of drawing PPZ on the Monthly chart and I am using two floating weekly PPZ one GREEN for a long breakout the other RED for a possible SHORT breakout. If these line up with fibos and ...
james16 Chart Thread
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Pinbar replied May 31, 2010Well, I am at least managing to keep my eyes off of the H4 TF, this is a start. Yes, I have learned to agree with the larger SL from looking at the daily, I may even suggest that there are many trades near PPZ and fibo retracements that would ...
james16 Chart Thread
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Pinbar replied May 31, 2010Weird, How I totally mistook that after reading everything and watching the videos. LoL
james16 Chart Thread
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Pinbar replied May 31, 2010What the %#%#$%$#(*)$*)*)$. I was under the obvious mistaken impression that the close of the previous bar and the open of the next bar were the eyes!!! This is not the case!!!!!!!!!!!!!

Better change my name to Dumbar!
james16 Chart Thread
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Pinbar replied May 30, 2010Yes, I now know through personal experience that Everything that has been expressed by the senior members and indeed some wise not so senior members, is in fact the Read Deal. To be perfectly honest, the very first post I came across about sticking ...
james16 Chart Thread
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Pinbar replied May 30, 2010Now that is a good idea. Sounds like you were just like me and addicted to dropping down to check PA on lower TF.

james16 Chart Thread
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Pinbar replied May 30, 2010Thanks for the info. Did you have trouble with H4? Yeah, kick away if you see an H4 chart. LOL
james16 Chart Thread
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Pinbar replied May 30, 2010Thanks Ghous for your detailed description of your learning experience. yes, the "Jump Out at You" description that Mike and other seniors continually mention is interesting. Perhaps, physically and mentally zooming out on the larger TF is the way ...
james16 Chart Thread
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Pinbar replied May 30, 2010Yes, I am not sure if that is the case or not while the chart is live. I mean, when price ticks are coming in, it may refresh with every tick. Sure, is handy for the time being, I always have to really think about which pair and position size. There ...
james16 Chart Thread
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Pinbar replied May 30, 2010Ok, I found a small indicator to instantly show us RR ratio. I will assess this tomorrow on my demo account. Here is the indicator if anyone else wants to try it for showing us quickly if a trade is viable and what position size we can use. Just ...
james16 Chart Thread
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Pinbar replied May 30, 2010Maybe, I plan on using the minuscule $3,100 US account, currently FXDD allows 0.01 lots. Not sure if that will work on weekly or daily though.
james16 Chart Thread
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Pinbar replied May 30, 2010Ghous I understand your point by this, and I imagine you would recommend the manner in which to comprehend that statement is trading the weekly & daily?
james16 Chart Thread
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Pinbar replied May 30, 2010Yes, you guys could be right....Thanks for the advice. I have already done the 3 months, actually more on several demo accounts which are around 15% profit. However, and this is the big one. All these were traded on H4 or H1.
I like many ...james16 Chart Thread