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- Life of Pi_p replied Jul 9, 2009
Seems like you stopped scaling out of positions, right? I recently gave up scaling out and I feel so much better with my trading. There was too much thinking going on with scaling and then I started doubting my position once I started scaling. I ...
- Life of Pi_p replied Jul 8, 2009
I have two people that I follow in trading. J16 is one and my mentor from years ago is another. James has many successful followers and I'd bet that each one trades differently from each other with James' method being the basis for what they do. ...
- Life of Pi_p replied Jun 26, 2009
Strat, that picture looks like something I'd see at a hospital. Good to know I still have a lifeline! How do you get them to line up like that?
- Life of Pi_p replied Jun 17, 2009
Happy Bday — Congrats on 4 years. Four more years! Four more years!
- Life of Pi_p replied Jun 14, 2009
That was brilliant, Nicola. I love how you kept attacking as price continued to drop
- Life of Pi_p replied Jun 13, 2009
Stop Placement / Testing — The whole idea behind the Pin Bar is that it's a momentum candle. First off, we are looking at a PPZ. So we know that if PA occurs here, it means something; usually that a shift in flows MIGHT be occurring. Second, ...
- Life of Pi_p replied Jun 9, 2009
shhh... — So quiet around here. Everyone must be busy collecting pips
- Life of Pi_p replied Jun 7, 2009
James16 insists that you DEMO on the daily and weekly first and show at least 3 months of profitability in doing so before considering live trading
- Life of Pi_p replied Jun 7, 2009
Regarding "analysts" and what we hear from the media, its all a bunch of garbage. Most analysts have outside interests and influences directing their decisions. Charts are the only thing we can go by. Watch Jim Cramer explain how he (and others) ...
- Life of Pi_p replied Jun 5, 2009
Look at who is making money in the markets. People trading SIMPLE methods. J16, J16 jr, Jacko, Clockwork, etc. Trading is so easy a Geico caveman can do it. Unfortunately our egos get the best of us way too often and we screw it up. I've been ...
- Life of Pi_p replied Jun 3, 2009
you sir are a machine
- Life of Pi_p replied Jun 1, 2009
GBP/CHF Breakout — GBP/CHF broke out of its ascending triangle today in convincing fashion. Now I would like to see a few days of advancing followed by a pullback and some sort of PA (for purposes of this thread a hammer please). Worker 20 and ...
- Life of Pi_p replied May 31, 2009
EUR/JPY update — Hi all, hope your weekend is going well. Update to the EJ chart that I posted this past week. We've broken the downtrend line and made a higher high out of the pennant that was forming. Thursday closed above 135.00 which I ...
- Life of Pi_p replied May 29, 2009
Exactly. Leave your brains at the door. LOL. Seriously. There's not much to trading that a dog or monkey can't be trained to do. We let our egos get in the way and think that we have to outsmart what seems to be a complex market (something I still ...
- Life of Pi_p replied May 27, 2009
I did a test with Sportsbook. Took $25 to $300 in about a week. Played some Sit n Go's and a few low fee entries to their huge tourneys and came in top 5 twice. Requested a check for $150 which I got a few weeks later, but it bounced. Second check ...
- Life of Pi_p replied May 27, 2009
For most of them, the market will drain their accounts until all that's left is demo trading
- Life of Pi_p replied May 26, 2009
Thank you for posting that. That adds even more weight to the significance of this area in the next few days/weeks
- Life of Pi_p replied May 26, 2009
Ascending Triangles — Regarding my last post and ascending triangles. Whether it does what its supposed to do or not is irrelevant. Sometimes playing a failed pattern works even better. GBP/JPY made 4 ascending triangles on its way down in ...
- Life of Pi_p replied May 26, 2009
gbp/chf — another one I'm following is gbp/chf. BIG BOSS is fighting upwards even if it appears to be inching its way. BOSS is in an ascending triangle right now with the key level being the ultra-obvious 1.75 that Stevie Wonder can see bright ...
- Life of Pi_p replied May 26, 2009
EUR/JPY — Here is one that I'm watching for a breakout in either direction. Eur/Jpy is coiling up for a move. BIG BOSS gearing up for an inside bar after forming a spinning top last month. BOSS is confused and stuck between 20 and 50. As far ...