Exactly... the quickest road to failure is to think you know what's gonna happen next.

No Brainer Trades

How ya doing JS... Yeah, I drop in from time to time... always to see who's left, who's new, etc... James16 is doing pretty well for himself these days eh... who needs trading -- FF has made a lot of people on here a lot of friggin' money... I ...

No Brainer Trades

Where's the second top?

No Brainer Trades

If you're bored, you're making money. Trade by that rule.

james16 Chart Thread

Loooooong.... At least that's where my money is going... well, I don't know yet, but I'm pretty confident...

james16 Chart Thread

True. However, what if that precediing weekly BEOB was 800 pips long? You could easily play the daily (with levels of S&R) for a particular pair and still be in good shape. This is where the nuances of trading PA come into play and experience is ...

james16 Chart Thread

With this mindset, I give you 30 days. That's probably being generous. These are the famous last words of most traders...except for the "old at 26" comments... which reminds me of a little boy who once told his Dad that he saw this "old man" doing ...

james16 Chart Thread

Assuming EURCHF closes for the week in this general area, I will be looking to go short on a retrace back... take a look at the weekly... I plan to hold this baby for awhile.

james16 Chart Thread

raczek... you put on a lot of trades, ya know that? You'd laugh at how many I do a month.

james16 Chart Thread

I don't buy it personally. I believe it all evens out given a big enough sample... one guy's double bottom is another guy's 15m H&S is another guy's DBHLC on 4H, is another guy's PB on weekly...

james16 Chart Thread

You can really see the double bottom on the 4H chart. Beautiful and classic pattern. I love these and head and shoulders. What I love about double bottoms is there is a 3% failure rate if we close above the apex. Then, price throwsback around 68% of ...

james16 Chart Thread

Sigh. Damn Yankee.

james16 Chart Thread

You got a nice 38.2 from the last swing right there too. if it breaks out today, we're definitely seeing 1.33... From there, it's very typical to see double bottoms come back and test the apex... then resume back up... so you could have multiple ...

james16 Chart Thread

Well I agree with you. I felt the same way all the way up to today... and we definitely have an ugly formed double bottom after a long down move on the EURUSD... but... something just doesn't feel right in how the markets are moving. Ya know you ...

james16 Chart Thread

Here's a little short I'm going to take here soon... EURCAD, 4H at resistance... my target is the bottom red line. Not only do I have that, but I also have a good probability that the EUR will drop as well, which means this should work out... we'll ...

james16 Chart Thread

Ascending wedge with pin at 4H resistance. I don't like the left eye on the pin much. Basically, I would've liked to see the bulls take it a bit higher than they did.

james16 Chart Thread

I just closed all my trades. I'm currently flat. In black on all of them, but I just am not liking how the market is moving for longs. I keep seeing people buy the dollar. It's like every time we get a move to sell the dollar, the buyers come right ...

james16 Chart Thread

Mmm hmm, and long a few majors... I've been long EUR since last week.

james16 Chart Thread

My money says it's gonna continue up... Edit: Nevermind, I'm not even in that trade... LOL... I was thinking of another pair...

james16 Chart Thread

Heh me too. I've been biased for a few days now. You still in those longs?

james16 Chart Thread