Your understanding is correct. A couple of years ago the 'carry trade' was working for yen pairs. The trend was in the direction of positive interest. That meant not only did you make money on the trade you also made positive interest on the pair. ...

Silent Service Method

Hi Low ( I just had to say that) I thought this looked good too. I didnt like the traffic, so got in at '85' but hasn't gone anywhere as you know. Still in. Did you notice the negative interest rate on this pair?

Silent Service Method

Your avatar dragged up a memory from the past. The Bird is the Word. Is the title of a song by the Trashmen a group from the Twin Cities ... during the mid 60's. Made the national charts. But a one hit wonder. The bird bird bird, bird is the ...

Silent Service Method

Interesting that you mention this. Sam Seiden, instructor from Online Trading Academy, a very focused S/R trader, reversed the tables so to speak, with regard to those like me who have a day job. He said making a trade and then not being able (due ...

Silent Service Method

Hey Aaron, you left the (green) light on.

james16 Chart Thread

Yes... kind of like that. Is that one valid? I really don't know how close, close enough is. I hope that made sense. Try this link for some pretty good info on Candlestick patterns in a very userfriendly format. url click on the Bearish ...

james16 Chart Thread

Not wanting to get technical here... but RR tracks ... I believe a term introduced by Peter Bain... would have both bars of nearly equal range with the open price of the first bar being near to the closing price of the second.

james16 Chart Thread

The quote above by JackJones is an example of what I am referring to regarding BWILC and fundamental analysis. JJ decided on a certain hypothesis regarding currency pairs. What fundamental proofs does he see that leads him to take the stance he is ...

Median Grid Trading

IMHO This is not really a short term trading method. It might seem so because of the suggestion to take profit when a position reaches 1% of your trading account or to grab 40 pips and run. However with BWILC the trader most often has several ...

Median Grid Trading

A method.. not a system — BWILC in its essence is a way to look at the market(currency pair) and take advantage of past PA and S/R zones, along with an understanding of the fundamentals that move price. Looking at price action above and below ...

Median Grid Trading

A few years ago I used FXCM and now use Oanda. The two, FXCM then, and Oanda now, do not have the same detail of order flow information. In the past, FXCM IFR info had quite a bit of detail on several different pairs. The way they delivered it was ...

(binned per thread starter's request) Behind Price-Orderflow

In ancient times when men beat the ground with sticks it was called witchcraft. In recent times it is called golf.

james16 Chart Thread

Oh, ok... I did not know that. What were the circumstances of the trade you are in?

Silent Service Method

Did you notice that the Vikes acquired Favre just before the end of the Cash for Clunkers program?

james16 Chart Thread

Whoa !!!! ??? Clockwork71 Are you talking about 'any pb on the daily' or just this one. What about an entry signal here to go long? I know there is trouble around 7390 and 7450-65 Please explain since I have been waiting for quite awhile to see a ...

Silent Service Method

Been at the J16 Member Forum for the past couple of months. I recommend it.

james16 Chart Thread

Yo Supreme... I've been in the 20s Club for over 40 years. Was just looking at the E/J Weekly PB on VT and MTAlpari . Price having rejected a large PPZ around 132.

james16 Chart Thread

I was a member for a carefully planned 2 months.. mid June to now in mid August. During those specific 8 weeks I had the opportunity to spend a great deal of time with the J16 material and with the instructors and contributors. I am an experienced ...

"For Sale" or "Free for you to pick up"

Hey Thexder, in the first blue highlighted area that is somewhat obscured by the white arrow.... what was your signal to go long? Nice job.

Thexder's journey to(ward?) freedom

Isn't it a bank holiday in Japan? That might be a consideration.

james16 Chart Thread