I'm honored...I still don't think all my charts are as perfect as they should/could be, but at least there's some improvement over time. One thing that always gets me is that whenever I finish a chart and post it I look at it and go "oh no, look ...

james16 Chart Thread

Well yes and no. First off let me say the worst thing you can do to your trading is use trailing stops. Yes, there are some fellas with a big following that advocate and love them(because it requires 0 thought), but I think that a fixed size ...

james16 Chart Thread

Thanks fuzzle...fact is, if what I posted over the months/years(...aaaand now I feel old again) has helped anyone become a better trade than they were or shown them what's possible, then it's already all worth it(all the effort that goes ...

james16 Chart Thread

Now why did that instantly remind me of... video <3

james16 Chart Thread

Yea saw it. =) I also refer you to url and url (I like the "Still can't find much stuff to make this one go up on the chart" bit hehehe) and finally url Not the cleanest of all clean s/r and charts, but there are some ideas in there I have for ...

james16 Chart Thread

Well, the last 6 months whenever I was bullish JPY you were selling the crap out of it secretly while I wasn't looking, so I just assumed you'd do that again this time A lot, a little, it's the thought that counts!

james16 Chart Thread

Let me guess, you're going to sell a lot of yen and CHF?

james16 Chart Thread

Most definitely a good setup, that CJ PB =) Shame you jumped ship just before the real fun started Wanted to post an update to the USDJPY chart I posted a while back.. The retrace back to 114.xx was a bit tricky, but nevertheless I feel with a ...

james16 Chart Thread

It's also a BEOVB / BEOB / bearish engulfing candle if you prefer a single bar interpretation Happy new year everyone, have a good start and a safe year.

james16 Chart Thread

I come in peace, earthlings. — Or: In closing for 2007 -- This is a chart from me (I seriously had metatraders look like this, I am not joking and this isn't the worst one) less than 2 years ago. (If you are prone to epilepsy, do not look) Now ...

james16 Chart Thread

Dunno imho (and according to the wave principle) it's fine to connect two points as obviously the third interconnecting point has to come from somewhere..again the question is which points to connect(again, neighbors and real "points" etc) and why ...

james16 Chart Thread

Even with me not being Mike, I just wanted to murmur quietly to myself: As a general rule I wouldn't even consider a trendline broken until price has closed outside of it (and even then in the next bar moved on as well perhaps). "Piercing" a ...

james16 Chart Thread

Calculated (formula based) levels or from chart?

Just How Effective Are Intra-Day Support & Resistance Levels

Say, I really should have kept that tiny long and built on it Ya can't say you can't predict long term pair development in forex It's funny, there are these moments of clarity when you can just see things happening...and then they do. Compared ...

Charts Observations

This was one for patient people. Wiz's favorite "retrace bus" back to the pin's lows occured, but we actually tested that area twice/for two weeks, before we finally made a second mini pin in traffic and gave up completely. The TL / channel low had ...

james16 Chart Thread

For a bearish OUTSIDE bar price has to completely engulf/encompass the prior bar, the current bar's high is lower than last week's high.

james16 Chart Thread

Note the only slightly skewed "leg parity" of the bar after the PB - almost identical length as the left bar before the PB - then the bar closes and a counter-reaction..

james16 Chart Thread

Another really nice article to explain why the constant "liquidity injections" are starting to more and more dissipate into thin air in regards to market effect, like nothing happened - at least in my perception. url

Subprime Worries

Look, here's the thing. If you have a personal value well in excess of 100k, you can take 1-10k, say hey, just for fun let's see how hard I can punt this and GO GO GO. If you can turn that into another 100k, well, great! Good times. If you have ...

i doubled 5k to 10k in a days

Putting aside risk for a moment, I'd say you want to have DBHLC setups at the end of upswings(even better if the pair is in a downtrend) as a reversal OR as confirmation as the end of a retrace after a bigger bearish setup. Basically, anything ...

james16 Chart Thread