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  #73521  
Old Sep 1, 2010 7:12am
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Quote:
Originally Posted by premierpip View Post
...., how do i be more picky and choose the best? Or should i take all?
should u take all? depends on your personality,trading style, risk profile.

to be more picky, u got to have a list of reasons/trade triggers.
it's like applying for a job. u got to qualify for the list of requirements. u lack 1 or 2 requirements, u dnt get a job. same for trading, if a trade setup lacks 1 or 2 (or more) trade triggers/reasons (according to YOUR rules), then u dnt take that trade.

Quote:
how do i find confluence? can someone share how they find confluence and pick the best?
confluence definition (just FYI)
by definition, confluence is convergence. in trading, that would mean several trade reasons/factors//triggers in effect, converging or taking effect all at the same time/location.
examples of confluence are Fib retracement, BRN, TL, S/R, PPZ etc.
the more confluence factors in effect, the better your chance that the trade will work in your favor.

u have to formulate your own rules (including preferred confluences, etc). u can start with the posts/charts shared here. (learn from a few seniors whom u feel got a similar trading style, personality as yours)
of course, u can continue asking questions
Hope this helps
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  #73522  
Old Sep 1, 2010 7:16am
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Quote:
Originally Posted by roundrock View Post
some observations on weekly setups using pins, buo/beob....
is your observation based on the recent weeks only?
check if your observation represents well the weeks of recent months/years
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  #73525  
Old Sep 1, 2010 7:46am
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Quote:
Originally Posted by simoncs View Post
...was out in the fx wilderness for a while discovering my own things (based off all good stuff that i have learnt here).
Also went travelling for 7 months.....
wow, what a nice life to have
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  #73553  
Old Sep 1, 2010 10:59am
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Quote:
Originally Posted by anderou View Post
...
One thing that I have realised is: when I open a chart spot a trade check everything and enter immediatly I almost always end up losing that trade. ...

From now on I will only enter trades that I feel I have spent enough time on planning. If I lose a trade I planned properly I do not mind at all, following the plan counts for much more.

After all it is much better to be out of a trade you wanted to be in than in a trade you don't want to be in..
awesome post Sir
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  #73625  
Old Sep 1, 2010 9:50pm
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Quote:
Originally Posted by jdl View Post
....
Also some truly amazing stats on how huge FX market really is...
....
THE place to read about this is on the BIS website
the stats u mentioned is from the Preliminary Results of the Triennial Central bank survey. watch out for the Final results which will be published in November2010 (as mentioned in the above link)
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  #73626  
Old Sep 1, 2010 9:51pm
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Quote:
Originally Posted by raczekfx View Post
ha, ha.. you know very well, there is no voodoo involved here.
It's just THE Knowledge (method) and clear picture, which side is taken by 95% of the players (market participants)...
....
hahah...
to us, voodoo is short for THE knowledge
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  #73628  
Old Sep 1, 2010 9:57pm
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Quote:
Originally Posted by Adilius07 View Post
I was looking at it from all different angles, and even now I still like the setup..
see the April highs? looks like that caused the problem (Resistance turned support). u could've entered slightly below that area (J16 This is Critical)
also, PA after that PB/BEOB seem to say that the upmove is pretty strong.

Quote:
Originally Posted by Adilius07 View Post
4 weeks trading stocks so far:
...
TOTAL:$124.20 or 0.25% gain to account
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  #73631  
Old Sep 1, 2010 10:19pm
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Quote:
Originally Posted by premierpip View Post
....
alright. now to another problem: personality, trading style. how do i find out what trading style i'm suitable? do i find a trading style that i'm comfortable with? is that what makes it suitable for me?
...
TL (whats this?)
where can i read more about other examples of confluence? can i find it in any of James16 website video?
TL = trendline (as u probably know by now)

u will see examples of confluence in the free james16 videos & charts by the seniors here. there are a LOT of charts here to learn from.

trading style is congruent to your personality --- it boils down to what u want/dont want, what u like/dont like, what u love/dont love, what u are comfortable/not comfortable with.
based on your posts, it seems like u are not yet too familiar with yourself. u will find that trading will be an interesting journey to self-discovery.
Good luck & Keep at it!
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  #73632  
Old Sep 1, 2010 10:22pm
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Quote:
Originally Posted by raczekfx View Post
...
Here's another one I was in an out before it exhausted itself (for now)
Love these charts...
nice catch.
the downmove cant go on forever
i got a chunk of it towards 1.3000

Quote:
Originally Posted by ghous View Post
....
Couldn't you by any chance be posting more just like the good ol' days?
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  #73633  
Old Sep 1, 2010 10:28pm
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Quote:
Originally Posted by Pinbar View Post
...
Just don't forget to help me out with PA guys, once you all become like Mike, Jarroo, Ghous and SC etc! LoL

im still a small fish, with a small account from a small country, Sir
.....& btw, with a crappy internet
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  #73635  
Old Sep 1, 2010 10:36pm
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Quote:
Originally Posted by roundrock View Post
ghous, can you post the indicator to show the GMT, Broker, Bar Spread as shown at the bottom of your charts ?
it's probably the first one in my recent post.
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Last edited by supremeChaos, Sep 2, 2010 12:39am Reason: fixed the link
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  #73639  
Old Sep 1, 2010 11:01pm
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Quote:
Originally Posted by Pinbar View Post
...
What I want to ask is about the fibo....
EDIT: I am trying to get any distracting colors off my chart so, the thickness of the lines dictates the TF they are drawn on.
Quote:
Originally Posted by Pinbar View Post
....
SC, what is your take on the fibo I posted?
i think it is not a viable way to plot a fib, since u connected two spatially unrelated (& disconnected, incoherent, interrupted) swing areas/Price action.
we are supposed to connect & diagnose (the possible/ongoing retracement of) a current (& spatially related, uninterrupted, continuous) price action/swing.*

based on that chart, what u can plot, imho, is point B with the current PB's low &/or current PB low/May2010 high. meanwhile, point A, imho, can be connected with Dec2009 high, Feb2010 high & May2010 high.

regarding the 'distracting colors', what u can do is use different hues, as opposed to different colors. example would be, for MAs (or whatever indicator or object), use black & gray &/or dim gray (or blue w/ dark blue/dodger blue etc)
Hope this helps


*i used several adjectives to help clarify
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  #73640  
Old Sep 1, 2010 11:03pm
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Quote:
Originally Posted by chowur View Post
Hey Supremo,
dont forget the real benefit of living in that small country-
....
Once you try Asian.............
you'll never go back to Eurasian

..
RATFLMAO
.....
hey chow,
u cant get that off of your head, can u Sir?
i agree in a way. but it also depends on your personal taste, hahah
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  #73642  
Old Sep 1, 2010 11:17pm
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Quote:
Originally Posted by chowur View Post
Hey Supremo,
Dont you like Asian food-Chicken Adobo etc?
Why so serial?
what do u mean serial?
im serial & parallel

baboy (pork) & lechon (roasted pig)? i stay away from those. im uber health conscious, lol. on the other hand, chicken adobo is great; Sinigang is awesome.

having said that.... chocolate is supreme.
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  #73644  
Old Sep 1, 2010 11:34pm
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Quote:
Originally Posted by Pinbar View Post
Thanks for the info SC....
...
You feeling more or less over the illness?
i believe im over it.... just being careful in the past few days.
i was actually down with Dengue, less than 2 days in the hospital. i had fever for about 4 days prior that.
persistent rains here (24 - 33 degree Celsius here, Pinbar ) is causing proliferation of (Dengue-carrying) mosquitoes.

many Thanks for asking
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  #73646  
Old Sep 2, 2010 12:05am
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Quote:
Originally Posted by Pinbar View Post
....
Did you get the high fever and headache with pain behind the eyes?
I take it you did not get the hemorrhaging often associated with dengue fever, in bad cases?...
I know what a high fever is like after I got stung my a scorpion in Greece many years ago.
Lots of rest, fluids and fussing women are what you need for the next month.
yes, i got the high fever (stayed around 38 - 39 degrees, rarely 40) in that 4 days. no hemorrhaging.
scorpion sting? Glad u got over it too.
what's fussing women? sounds cool.
when i got back home, crappy PC had a problem connecting to the internet (PC hardware problem) for a few days... i think that's enough rest. LOL

Many thanks Sir!
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  #73653  
Old Sep 2, 2010 12:44am
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Quote:
Originally Posted by roundrock View Post
... how to draw H8 charts ? is there a software or is done in the mind (combine 2 consecutive H4 bars)
u visualize it &/or use the period converter indicator
try this (& read this)


Quote:
Originally Posted by Pinbar View Post
...
I read that you need complete rest for a month after recovering from Dengue fever, no matter how light it was.
33C wow, it seems like it would feel cool after this heat here.
Rest is definitely good.
wow, what big hands u've got
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  #73672  
Old Sep 2, 2010 3:57am
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Quote:
Originally Posted by Pinbar View Post
Thanks Jarroo
The main problem I think is that I jumped the gun at the close of the M30 BUOB, it never actually broke.Probably due to frustration and not being able to find decent setups.
....
just be careful next time
if current eurusd upmove has strength, i expect 1.2750 ppz to hold price.

i get this feeling that we may revisit August2010 highs (&possibly beyond).... i'll study the chart.
perhaps, this US NFP (non-farm payrolls) week will show us the way.

btw, there was about a 100pip downmove on gbpchf earlier (i havent checked how other pairs did). i took a small chunk on it & still got some positions on (i was actually long, but watching some naruto videos, SL's got hit, & reversed to shorts slightly belatedly; the downmove was pretty quick, i wasnt fast enough to place my intended sell stops, LOL).
on H1/H4 (much clearer on lower Timeframes), there was a PPZ-multiple bar low break around 1.5680 (red line is 1.5680 area)
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  #73673  
Old Sep 2, 2010 4:06am
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Quote:
Originally Posted by antgal23 View Post
Hi all
one qn, i did the position size calculation and it says to a lot size of 0.087.
how does the lot size equate to the volume size when placing an order?
..
im not sure i understand your Q clearly.
are u trying to ask how much, order-wise, u are gonna place given that calculation?
i believe the answer is 0.08 lots or u can round it off to 0.09 lots.
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  #73681  
Old Sep 2, 2010 4:37am
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Quote:
Originally Posted by jarroo View Post
....
My entry was at the 1.6000 on the Hourly....
Looking to if she retraces to the 1.5850 to retest previous Support.
...
wow, nice trade
i think we'll revisit 1.5850 only if current downmove is negated convincingly. but if that happens anytime soon, it maybe another for u

Quote:
Originally Posted by jarroo View Post
A J16er would say that your IB hit its targets.....
just noticed that chart... i agree
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  #73684  
Old Sep 2, 2010 4:52am
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Quote:
Originally Posted by jarroo View Post
....
How are you doing my friend? . . I read that you have taken ill. . . .I hope your feeling better . . .Godspeed SChaos.
Yes Sir. feeling better.
many thanks
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  #73698  
Old Sep 2, 2010 5:35am
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Quote:
Originally Posted by john225 View Post
I think i found a good setup ;-)
since 1.2750-70 PPZ held, i can see this moving towards 1.29 (if it gets through yesterday's highs convincingly)... but like Sir Mike said, it's not the best setup as this BUOB is not at a swing low (where we ideally would want it to be).
this is a possible continuation setup which is considered a pretty advanced setup.
try it out on demo & see if u are comfortable trading such continuation setups.
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  #73703  
Old Sep 2, 2010 5:47am
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Quote:
Originally Posted by Adilius07 View Post
I'm doing some analysis on boubs/beobs ONLY.
....
Excellent.
i noticed u've been having several AHA moments recently (based on your recent posts)

Quote:
Originally Posted by mbqb11 View Post
this is all the kinds of research EVERYONE should do. Prove everything in every way to yourself. That is the only way to get it to work
the exercise that Adilius07 made is what boosts confidence to one's self, confidence to PA & this method

Quote:
Originally Posted by Adilius07 View Post
If I could only bring my RR being close to 1:1 I would finally get me that white Lexus LX570...........
if u keep at it, i dont see why u WONT get that car

Quote:
Originally Posted by Adilius07 View Post
Hello Jarroo, you know also what I noticed, that BUOBS/BEOBS are often times much easier to trade than PB...
havent u noticed yet that PB is an alter ego of BEOB/BUOB?
(BUOB is a 2-bar PB ......or BEOB is a deconstructed PB)
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  #73706  
Old Sep 2, 2010 5:57am
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Quote:
Originally Posted by Jonnyislost View Post
...There are still many things to consider when analyzing them. for example. How many bars does it engulf? Did the bar close strongly above/below that range?
I pass on many bars if they only engulfing one prior bar. or if they have a close well off the high/low
Here's and example of what I think is a great one
;
Engulfs 10-12 bars with a strong close and a size which really stands out relative to the recent range.
The really good ones are rare but they are worth waiting for IMO
based on your post, i can see that u are a guy who is strict & got a delicate taste.

.................a long winded way of saying u are picky & disciplined
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  #73708  
Old Sep 2, 2010 6:01am
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Quote:
Originally Posted by Adilius07 View Post
In regards to AHA moments, man they happen to me everywhere now, in a car, in bed, in shower! seriously.....
i know how u feel. that's a function of an inquisitive brain

if u dream about trading &/or u subliminally hear MT4 alarms ringing (or something related)....... then u have achieved the supreme AHA moment.
(joking, but also seriously speaking)
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  #73726  
Old Sep 2, 2010 7:31am
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Quote:
Originally Posted by Adilius07 View Post
I really think it is. I was skeptical a month ago...
I can't believe it anyway, OMG OMG!!!!!!!!!!!
LOL....
another AHA moment?
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  #73729  
Old Sep 2, 2010 7:45am
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Quote:
Originally Posted by Adilius07 View Post
...
I marked every buob at possible swing hi/lo. And the results are:
10 Winners, 1 Loss,....
Quote:
Originally Posted by benji533 View Post
And that single "failing" bar didn't ever break, AKA not valid - didn't really fail
if u waited for that BEOB to break (which happened 5 bars later), then it would've hit FTA & therefore belong to the win column
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  #73730  
Old Sep 2, 2010 7:58am
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Quote:
Originally Posted by roundrock View Post
this applies to me. may be to few others
when i see historical charts, i get lot of good signals and most of them are correct and profitable. but in real time i dont 'see' the same signal. may be due to over-analysis, negligence, fear etc.....
u addressed your own concern, Sir.

sooner or later, u will improve.
that is our natural progression... as long as we pursue excellence & dont quit

Quote:
Originally Posted by Adilius07 View Post
I cannot even imagine what's the Net Worth of some Seniors here....
on one hand, the net worth of seniors here are immaterial to u.
u should concern yourself mainly of how much success u would attain once u keep focused, determined at this endeavor
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  #73735  
Old Sep 2, 2010 8:26am
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Quote:
Originally Posted by premierpip View Post
i have a question. i was looking through the charts on daily, weekly, monthly.
i tried to draw PPZ, but i realized that most of my PPZ, is the PPZ for all three charts. am i doing it wrongly? i have 5PPZ drawn on daily, and 4 of them have the same PPZ on the weekly and monthly.
no, u are doing great.
what happened is actually not surprising because u are essentially looking at the same price chart, only thru different timeframes.
it's like looking at a certain area or subject using different kinds of telescopes (monocular telescope, binocular telescope etc).
Hope that helps
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  #73740  
Old Sep 2, 2010 8:59am
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Quote:
Originally Posted by premierpip View Post
alright. does doing this help? as in drawing PPZ for the 3 TF on one chart. is this counted as confluence?
u mean drawing PPZs in Daily to Monthly?
i think, in a little way, it is confluence.
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  #73742  
Old Sep 2, 2010 9:17am
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Quote:
Originally Posted by Jonnyislost View Post
I have a pending order above this USD/CAD 1 HOUR BUOB (the order is just above that mini price flip)
has it been triggered already?
careful with immediate traffic 1.0530 -1.0570area (today's high &upwards).
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  #73744  
Old Sep 2, 2010 9:35am
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Quote:
Originally Posted by Pbt View Post
....
i was using j16manager EA, but some time really want an EA that can move SL more than once. so found these 2, i tried both, either working fine...
Hello Pbt,
im sure MT4 live account users will try these trade management EAs out. (i trade a non-MT4 platform for now..)
thanks for sharing & Welcome!
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  #73749  
Old Sep 2, 2010 10:54am
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Quote:
Originally Posted by jdl View Post
Like everyone, when I see a possible setup I go through a checklist of items to validate the quality of the trade....
To help speed up that investigation process I created a script to flag all historical setups on a chart. You drag it on the chart, tell it which setups you are looking for, and it runs once. ....
sounds like an interesting PA script.
thanks for sharing!
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  #73750  
Old Sep 2, 2010 10:57am
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Quote:
Originally Posted by The Lord View Post
Haha, I don't believe it, I cheated... I almost doubled my account within a minute.
which one was your broker? GCI?
Good for u!
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  #73983  
Old Sep 4, 2010 11:16pm
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Quote:
Originally Posted by dfumagalli View Post
Taking 10 A++ trades a year (9 of which winners) looks so good...
... until you realize your $1000 account becomes something like $1300.
.....
Quote:
Originally Posted by fxterrapin View Post
Yes, you are right. At one point James even states that the only traders he has seen succeed are those with 6 figures+.
Quote:
Originally Posted by mbqb11 View Post
small rant coming
This isn't really the point of his meaning you need a big account....
Quote:
Originally Posted by fxterrapin View Post
...I do not...
Quote:
Originally Posted by mbqb11 View Post
...I should...
Quote:
Originally Posted by spookie94 View Post
Money is just part of the equation...
Quote:
Originally Posted by ekling View Post
...its obviously gonna take time to go from 1000$ to 100000$. Thats a return of 10000%..
Some fact here, if you can manage 2% per month and start with 1000$ then it will take you 233 months or about 20 years to gather 100000$ to your account..
Quote:
Originally Posted by Adilius07 View Post
...we are talking about 30% annual growth here, wow, huge isn't it?...
very nice mini discussion.
small account holders are at a slight disadvantage (account growth wise), but i think it's a minor & more importantly, a fleeting issue.
psychology/mental makeup/paradigm is key IMHO.

Quote:
Originally Posted by joelcf View Post
Gee, 30%pa? What a scam...
You are way too nice - what happened to the whole 'angry New Yorker' stereotype?!
is there such a stereotype? hahah
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  #73984  
Old Sep 4, 2010 11:41pm
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Quote:
Originally Posted by Pinbar View Post
Not looking....
Quote:
Originally Posted by Pinbar View Post
...
The main problem with this trade seems to be the BEOB not closing below the TL and the sideways PA.
I should have been watching the sideways market and saying, forget it.
Strange that, I even said in the post before I took this trade, that I wanted to see the BEOB close below the TL and the 0.9068 area yet, I still took this trade. I also criticized the size of the BEOB saying it only encompasses a single bar, yet I still took it.....
Quote:
Originally Posted by Atc View Post
IMO...this played out on the 4H TF and hit it's tgt which was a trouble area depicted on the charts I posted....
Atc made a good post.
i think this was more about PA & S/R than the TL
also, we must always consider trend &/or near-term dominant move, which IMHO has been up for audusd.

speaking of audusd....
Quote:
Originally Posted by joelcf View Post
Not in an Aston Martin.
In an Aston Martin.
In an Aston Martin. With Kate Beckinsale. On the god damn moon.
fantastic visualization
Quote:
Originally Posted by joelcf View Post
Closed AUDUSD, tightened up stops on everything bar EURCHF shorts...
why exit audusd?
im still waiting for 0.92 - 0.94, even parity area... with or without me riding it
eurchf-wise, i think it's poised for an upmove, towards 1.33 - 1.35/1.37 in the short-term. Let's see, it's up to the SNB


Quote:
Originally Posted by Pinbar View Post
...
Your post cheered me up no end so, I just took this photo of Mount fuji from my veranda for you as I was looking at it thinking I am at the foot of it in a trading sense..
Quote:
Originally Posted by Pinbar View Post
...
I prefer the view of the city at night and the fireworks at the weekends.
I get to see no less than 30 fireworks displays from my veranda in the summer.
....
awesome post & pics. Many thanks!

Quote:
Originally Posted by Adilius07 View Post
that's why I quit studying japanese very early, lol.
Too complicated.
most who have studied Chinese (& perhaps 'some' Japanese) would probably agree with me & say Japanese is much easier (written & verbal).
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  #73985  
Old Sep 4, 2010 11:53pm
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Quote:
Originally Posted by raczekfx View Post
Fine, you asked for them..
....
Quote:
Originally Posted by raczekfx View Post
and the aftermath....
@ charts

Quote:
Originally Posted by triger88990 View Post
...
glad to see you are posting often lately
...
much less than i hope
...but its understandable

Quote:
Originally Posted by triger88990 View Post
I'm in lurking mode for some time, I think is just me that I feel more comfortable without speaking to much about my trading activity....it's more productive to my account....
as i expected

Quote:
Originally Posted by ppfx View Post
speaking of Rac,.. your post reminded me of one of his, lol... see the similarity?
Quote:
Originally Posted by triger88990 View Post
LOL maybe it is because I have read his posts for so many times that I lost the count, thats why this similarity...
my thought exactly!


Quote:
Originally Posted by jarroo View Post
I needed to zoom out a bit more to get a bigger picture, sChaos.
The 1.5800 was hanging out there from March, needed also to be considered.
Yes, Sir.
the 1.5800 RN is a given for me.
i also have 1.5825 as PPZ, slightly similar to rac's (1.5820, chart above).

Quote:
Originally Posted by jarroo View Post
I'm still having internet problems...
same here
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  #73986  
Old Sep 4, 2010 11:54pm
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Quote:
Originally Posted by Jonnyislost View Post
We seem to have picked a direction
Good 'ol NFP
Quote:
Originally Posted by Jonnyislost View Post
I really hope somebody/somewhere in the world, took this 5 Minute Pin


Quote:
Originally Posted by Jonnyislost View Post
Yeah We have nice ones on the CAD crosses but I'm not brave enough to take them,
30 mins after the News and on a Friday heading towards a Holiday weekend
1.3350-70 is the key area IMHO. let's see


hope everyone is having an awesome weekend.
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Last edited by supremeChaos, Sep 5, 2010 12:17am
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  #73988  
Old Sep 5, 2010 2:52am
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Quote:
Originally Posted by geomink View Post
hit TP 1,4020
i remember this trade..
im glad it worked out well for u!


**************
a little trading related 'insight' for this weekend: (video link)
"We are the ones that want to choose
Always want to play
But you never want to lose
" (lyrics from the song 'Aerials' by System of a Down)

brought to u by the coolest radio in town, DWJ16... this is your DJ, DJ SC, signing out for now
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  #73990  
Old Sep 5, 2010 4:25am
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Quote:
Originally Posted by Pinbar View Post
...
And I have to go to a Japanese funeral today.
I hate it because after everyone has watched the smoke coming out of the crematorium then, they take the Adam's apple bones and pass them around from chopsticks to chopsticks in pairs of people! Can you believe that? It is true.
Quote:
Originally Posted by Pinbar View Post
Yeah, the shape of the Adam's apple is like a Buddha so they call it the NODO BOTOKE or throat Buddha.
....
The coffin is placed on a tray in the crematorium....
interesting trivia.
Thanks for sharing!


Quote:
Originally Posted by lokgotkent View Post
Recently there is a stock challenge in my country Malaysia. for such a market with low volume, I wonder how the leader gained 300% from his/her starting capital of $100,000 in 14 days. hmm.. day trading? anyone has any idea?....
overtrading
overleveraging
auto-trading?


Quote:
Originally Posted by Adilius07 View Post
Basically, over here all my relatives, friends everyone view this as some scary addiction I have. And you know that even motivates me not to quit! lol. I just imagine their faces when I will finally have something that will prove all this was NOT a casino


Quote:
Originally Posted by bug View Post
...I've posted a 'James16 special' list of links about price action on my Cornholio's Reading Suggestions thread. Very useful to all the freshmen over here. ...
excellent compilation
...
PPZ = Electrical wires
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  #73996  
Old Sep 5, 2010 6:34am
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Quote:
Originally Posted by ddinnov View Post
any comments on the 2 IBPs on NZD/JPY weekly?
...
IPBs?
those look like PBs to me.
i think u are confusing PBs with IPBs.
i suggest u re-read about IPBs..
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  #73997  
Old Sep 5, 2010 6:45am
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Quote:
Originally Posted by Trad3r View Post
...I'm not going to read the 5,000 pages.
How many pips on average do typically a month a James16 member?
....
indeed it is a simple question, but the answer is not equally simple.

i cant help but feel like u are asking "what is my employment salary with J16 company?"
newer traders are always after the answer to 'how many pips can i make with this method?'

i never went into employment mainly because i dont want a 'ceiling' in what i can earn.
trading is a business, trading is very personal & therefore monthly profit is variable ---- -$$ (negative $) up to $ infinity



''im not satisfied with the salary offered by J16 company, therefore i wont work there (i wont read the thread)"
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  #74000  
Old Sep 5, 2010 7:11am
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Quote:
Originally Posted by Adilius07 View Post
LOL, at least you are very honest!
Honesty, huh?
to be honest, i have only read about 1/5 of this huge thread (still reading)... & yet i have learned A LOT
the point is dont stop at Post1. read some more, & more... & more (to learn more)
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  #74002  
Old Sep 5, 2010 7:21am
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Quote:
Originally Posted by ddinnov View Post
....
>>Must learn to look at charts without bias and fixed ideas<<
as much as possible
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  #74007  
Old Sep 5, 2010 8:43am
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Quote:
Originally Posted by mihazupan1 View Post
There's a pinbar at the end of your post
nose is not long enough for me.
besides, it's a sideways market. WHY do i say that? the nose was flat/horizontal, instead of up or down
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  #74048  
Old Sep 6, 2010 1:08am
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Quote:
Originally Posted by Trad3r View Post
... just want to know the answer to a simply question:
....How many pips on average do tipically a month a James16 member?
....
Quote:
Originally Posted by Trad3r View Post
....
You know nothing about me, I could stay here and maybe give you some lessons, but, for what? Why teach people how to make money in forex if they are making money already selling smoke to other people?
.....
u enter like a bomb, asking how many pips bla bla.
then the next post, u say u can give us lessons?!?!
i dont understand

Quote:
Originally Posted by mbqb11 View Post
indeed
There is 4935 pgs of free info here and damn good info.
Not going to beat this dead horse lol
Sooner we get back to trading the sooner the noise goes away , I promise, it was 3-4 month time for it anyway. Anyone find that post I made
LOL
this latest one? your wish is my chocolate (im talented at digging, u know)
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  #74051  
Old Sep 6, 2010 1:22am
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Quote:
Originally Posted by joelcf View Post
....
I hope so - i'd be happy for y'all to bid into me
ooops, that doesnt sound good (i maybe talking to one of the SNB guys) hahah
Quote:
Originally Posted by joelcf View Post
....
I suspect the married guys here will tell you the opposite

Quote:
Originally Posted by Pinbar View Post
If you planned it for this summer, you should be glad.
Also the yen rate makes it a very hard place to visit.
i presume he regularly pre-plans... & he already has tons of Yens to dispose of.
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  #74054  
Old Sep 6, 2010 1:38am
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Quote:
Originally Posted by Pinbar View Post
The problem is, $5.00 for a coffee in MacDonals's.
i believe Sir joel thrives in & breathes coffee, so price is never a hindrance
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  #74057  
Old Sep 6, 2010 3:05am
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Hello Anthony,
be sure to check & re-check the values u input....
& the type of order (instant execution or pending order).
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  #74063  
Old Sep 6, 2010 3:27am
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Quote:
Originally Posted by msmarple View Post
Not much movement today...
( Edit : LC = Long Candle, no specific J16 bar )
Hello msmarple,
what is your interpretation of LC's? (& its significance to u)
Thanks Sir!
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  #74089  
Old Sep 6, 2010 8:39am
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Hello Chelski,
ideally, plot PPZs on Daily to Monthly.
doing this will create fewer but stronger PPZs... fulfilling your goal of less chart clutter.
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  #74091  
Old Sep 6, 2010 8:57am
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Quote:
Originally Posted by Chelski View Post
..The issue i have (being slightly obssessive compulsive) is i plot a line on Weekly that looks less obvious on Daily. (not as neat ) Do i then put the daily line in too?
less obvious = not as neat?
daily line, meaning daily PPZ?

try to use one line color (or 1 color,different hues) so the lines will appear neat
try to be picky, so u will come up with less lines on your 4hr/Daily.

im not sure i answered your question completely, so let me know. (im OC too)
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  #74093  
Old Sep 6, 2010 10:06am
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Quote:
Originally Posted by xmzhang View Post
Today E-G finally broke out....FTA would be the high of july 29-th daily bar @ 8400-ish, I quess, only I'am not sure about this...?
FTA/PPZs are quite subjective ('subjective' in the sense that 2 or more traders wont have the exact price)
july29th high is around 0.8395.
but yeah, FTA around 0.8400
i see a PPZ at 0.8390 - 0.8420.
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  #74126  
Old Sep 7, 2010 1:10am
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Quote:
Originally Posted by KissFan View Post
I started trading so much better when I discovered that I could draw those really cool looking arrows that you are always using in your videos. I was sweating bullets during that 1.3 pip drawdown.
Excellent
sweating bullets, huh? that must be a 100/1000 standard lot trade. hahah
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  #74127  
Old Sep 7, 2010 2:01am
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Hey joelcf,
were your eurchf sell orders triggered already?
sell limits or sell stops?

so, u SNB guys still dont care about the further CHF strength huh.... or are u in talks with BOJ & other Central bank's for a concerted intervention

Thanks!
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  #74129  
Old Sep 7, 2010 3:50am
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Quote:
Originally Posted by joelcf View Post
Picked up another handful on the spike through 131, would have done alot more if I was active....I love my francs. Oh well.
.....
Also, I'm not Swiss. I just like their watches and chocolate ...among other things
ah.... i see.
so your trades were all over the place.
i had trades on on that spike towards 1.3160, but mismanaged it (had other trades being babysitted) so they turned into -8-10pips rather than +/-30pips.
was looking for 1.3040-70 minor PPZ to hold (for possible buy entries), but it didnt.... thanks to u SNB guys

thanks for the lengthy response & the pics.... like u, i love Swiss chocolates & watches... & the 'among other thingies'
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  #74131  
Old Sep 7, 2010 4:11am
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Quote:
Originally Posted by joelcf View Post
1.3010, but didnt get a decent entry.
1.3110, and did.
Then another around the same level on monday, albeit low timeframe .
low TFs are ok

Quote:
I'm suprised you werent in on the 1.300 breakout/retrace!
that was last Friday right?
i was having internet problems last week... no internet on Friday(good thing my other positons were unscathed)

Quote:
The 1hr pin on Friday? Or the monday one? Either were great entries imho... but you shoulda held it for the swing at least, if not the long term.
it was a Monday trade.. no PA per se... more about the 1.3100 break.
im not built yet to trade long term... unless the position is already on my side


Quote:
Really? That old line about snatching pennies from in front of a freight train comes to mind - you are braver than I am!
braver? hahah, perhaps...
but just to clarify... i did not enter there, you SNB guys were dumping hard
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  #74135  
Old Sep 7, 2010 6:36am
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Quote:
Originally Posted by xmzhang View Post
Very nice trade ! The PPZ on your weekly chart is that the high of previous week ?..
here.
check out the yellow arrows on the first chart of that post u quoted
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  #74136  
Old Sep 7, 2010 6:46am
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Quote:
Originally Posted by Danku View Post
Hi all..... just wanted to let all know that someone has posted smething not soo nice about our main tutor James16 out on the jackos thread.....
i think that's the natural progression of things.
since this thread is on the Commercial section of FF, all apples in this forum are 'bad apples' ---- 1 of my immediate fears & expected repercussions (as early as July2009 when the Commercial section was formed: here & here)

just let them ramble, rumble & mumble.
insulate but dont isolate
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  #74141  
Old Sep 7, 2010 7:26am
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Quote:
Originally Posted by john225 View Post
How do you guys determine that a trendline,resistance-support,PPZ or Fibonacci levels gots broken or is only retracing?
.....
Hello john225,
check out Sir bug's chart above.
a PPZ or S/R was broken (red horizontal line), & he's waiting for price to test it & show a bearish PA to go short. (some dont wait for PA, immediately go short at/near that red PPZ line)

u want a TL, S/R, PPZ, Fib level to hold... & have a unidirectional bias (meaning price breaks them, then shows inclination to go in that same direction-- whatever the direction of current trend).... rather than have price whipsaw through them or price make a significant turn around
Hope that helps & makes sense
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  #74143  
Old Sep 7, 2010 7:45am
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Quote:
Originally Posted by anderou View Post
Okay, AUD/USD closed...
EDIT: the TPLC in the chart should be TTLC (TRIPPLE TOP LOWER CLOSE)
cool trades, cool names -- DTLC & TTLC

just to clear the air of confusion, just in case (DTLC & TTLC are registered to anderou )
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  #74148  
Old Sep 7, 2010 8:26am
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Quote:
Originally Posted by aserbfx View Post
pin on aud/usd h4.
i havent checked most pairs, but i feel bad for audusd.
it's being dragged down by other $ pairs & $ strength

pretty small PB... if it succeeds, probably only gonna reach 0.9130area
it might not even get triggered
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  #74151  
Old Sep 7, 2010 8:42am
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Quote:
Originally Posted by anderou View Post
This pin could work but I will pass, I would like to see a deeper retracement of the current wave....
that seems to be the path it's taking now.
Let's see how all these turn out
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  #74153  
Old Sep 7, 2010 8:58am
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Quote:
Originally Posted by roundrock View Post
i have a question on the traffic and ppz. we have some tight traffic and then a big bar that engulfs/hides this entire traffic from now on. can we ignore that traffic behind the bar and consider only this bar for future FTA, PPZ calculations ? is that traffic still valid ?
IMHO, all of it should be included in your analysis.

think of the traffic as chocolate, the big bar as a bag or pile of sand.
when a piece of chocolate is hid under a pile of sand or inside a bag,do u consider the chocolate non-existent?
i think this is the same case as your question.

the traffic behind that big bar is part of the history, part of the recent action, part of what happened, so i think it should be part of your consideration.
u can also look at how the traffic formed. looking exclusively at that chart, 1.0550-80ish seems to be a minor PPZ. (look at the selling, the upper wicks, on that 'chocolate'). 1.0460-70 area might pose a minor problem too.
of course 1.0500 is to be considered

Hope this helps!
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  #74192  
Old Sep 7, 2010 8:54pm
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Quote:
Originally Posted by jarroo View Post
My internet seems to working fine now (although time will tell)
New modem . . that should do it . .its the only thing left that's hasn't been changed. lol
new modem?
yes that should do it
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  #74196  
Old Sep 7, 2010 9:24pm
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Quote:
Originally Posted by roundrock View Post
USDSGD H4 chart...
Silver daily chart. bounce off VBRN and a BEOB at swing high...
looking exclusively at your chart...

usdsgd looks interesting.
in your chart it has not breached 1.35, but in Oanda 1.35 was breached. (no charts, but... in Oanda, M30 & H1 a small BEOB formed, in 3 hour a fairly big BEOB formed)
i will try to enter as close as i can to 1.35.
minor PPZ seem to be 1.3470ish, 1.3450ish. i would like to see momentum through 1.3470ish

Silver
not so ideal looking PA below the 20.00 RN.
possible IPB setup.
i wont be surprised to see price breaching 20.00 & moving further up or
20.00 getting a fake breakout (& forming a PB or BEOB)
this is a pass... or wait mode.

just my views
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Last edited by supremeChaos, Sep 8, 2010 4:00am Reason: freaking keyboard!
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  #74198  
Old Sep 7, 2010 9:28pm
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Quote:
Originally Posted by The Lord View Post
I think we need to wait for some bars to close below the zone for safe entry.....
great point!
that's .... James16 This is Critical

conservatively, wait for that area to break & make a pullback + PA
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  #74199  
Old Sep 7, 2010 9:30pm
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Quote:
Originally Posted by KissFan View Post
Headed to 1.2470-1.2500 then back up to the 1.3550 area....
nice!
im looking for 1.6000 hahah
let's see what the market does
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  #74203  
Old Sep 7, 2010 11:15pm
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Quote:
Originally Posted by pipmyride View Post
Doubtful K, sentiment on this thing is still bearish cant see it going that high
yours is a more current perspective, while his perspective was medium/long-term
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  #74212  
Old Sep 8, 2010 1:10am
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Quote:
Originally Posted by james16 View Post
im not leaving my sanctuary ever again. i swear.
....
you've aired your side Sir Jim.

i know it's hard, but try not visit those threads again.... for sanity's sake.
it's all unnecessary stress
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  #74223  
Old Sep 8, 2010 1:36am
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Quote:
Originally Posted by StephanusR View Post
James Why don't you spare me...
why should he spare u that?

& why are people so engrossed with bank or trading statements.
is it the one & only holy grail of trading truthfulness or excellence?
is privacy nonexistent nowadays?
my or his/her bank/trading statement is immaterial to u. yours is immaterial to me. it's as simple as that.

u wanna join & learn from him but u are anxious so u wanna see his trading statement?
it's either u believe him or not; join him or not.
make up your mind.
(may i humbly ask 'how old are u Sir?'. i ask because i have often been amazed at how emotionally unstable & immature some older people are than i am)

people are really f*cked up these days. i cant believe it.


-----
Quote:
Originally Posted by james16 View Post
just let it go everyone.
just saw Sir Jim's post
ok... im done with that. just that one time (as i LOVE posts like that)... LOL
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  #74227  
Old Sep 8, 2010 1:43am
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Quote:
Originally Posted by mbqb11 View Post
lol you gotta admit he can do some funny stuff
....
anyone noticed manny 'did a pinbar move' there?
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  #74229  
Old Sep 8, 2010 1:48am
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Quote:
Originally Posted by Pinbar View Post
What's a scoreboard door?
i think that's a big door.
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  #74231  
Old Sep 8, 2010 1:58am
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so it's a regular door.
Thanks Mike.
nice grass court... i mean field
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  #74233  
Old Sep 8, 2010 2:01am
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Quote:
Originally Posted by The Lord View Post
Nice analysis. But its too late Mike. I am already into the trade!
u can always get out of it... u can also pray to The Lord!
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  #74242  
Old Sep 8, 2010 3:24am
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Quote:
Originally Posted by mbqb11 View Post
...
up to the market now
aud has stayed bullish despite recent $ strength.
the trend (daily/weeklychart) from 0.8500ish looks intact... & looks like price is heading towards 0.98/0.99 area.
Let's see
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  #74244  
Old Sep 8, 2010 4:06am
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Quote:
Originally Posted by roundrock View Post
USDSGD H4 chart...
Quote:
Originally Posted by supremeChaos View Post
looking exclusively at your chart...
usdsgd looks interesting.
..
minor PPZ seem to be 1.3470ish, 1.3450ish. i would like to see momentum through 1.3470ish
....
took this usdsgd.
1.3470 did break with (fairly good) momentum (my PPZ line was actually at 1.3475).... it pulled back to that area & much more momentum came in.
still have some positions on... may or may not reach/breach 1.3400.

it's my first trade on this pair. it's much less liquid than the majors, & pretty slow moving pair.
i might post a chart later, if my internet behaves

Many thanks for the heads up roundrock!! u rock!
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  #74249  
Old Sep 8, 2010 4:22am
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Quote:
Originally Posted by anderou View Post
It was good to see Jim posting here again! Didn't realise he drops in here sometimes nowadays..
be sure to check his post history often to get updates


Quote:
Originally Posted by pipmyride View Post
hmm .. another one im disagreeing on i dont think it'll get much passed the recent 92 highs before it starts its descent
no problem, Sir.
is that view for the short term or long term?


Quote:
Originally Posted by mihazupan1 View Post
This reminds me of
....

very nice!! thanks for sharing..
good day to u too
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  #74258  
Old Sep 8, 2010 6:12am
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Quote:
Originally Posted by pipmyride View Post
Yes but the difference between it and some of the ones i've seen recently:
has it closed above 1.0100?
u seemed to have overlooked that area --- a RN.
1.0100 - 1.0140 is possible traffic area
not a strong PA like others said.
so careful
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  #74261  
Old Sep 8, 2010 6:32am
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Quote:
Originally Posted by The Lord View Post
...
On the daily TF, nice DBHLC is forming.....
thanks for the heads up!
DBHLC from which broker?
Oanda has a daily PB (Sept.7 bar).
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  #74265  
Old Sep 8, 2010 7:37am
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Quote:
Originally Posted by xmzhang View Post
Speaking about small PB's, on the 4H-TF of the U-J a small PB at the all time low did its job great....
small PBs work sometimes.... just like big PB's fail sometimes.

if u look closely...& compare usdjpy with usdchf...
usdjpy has less traffic.
usdchf was right below/right at a RN, usdjpy is not.
of course momentum helped too.

Quote:
Originally Posted by pipmyride View Post
Yes..:
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  #74362  
Old Sep 9, 2010 1:46am
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Quote:
Originally Posted by PenguinTrade View Post
I skipped this pin because it wasn't that big, and wasn't at a BRN. It was close to .8400 but not touching. It worked out really well though, is there something I'm missing?
I'm thinking I didn't take into account how much space to the left. (That's space right?
Hello PenguinTrade,
sure, that's space.
like i said a few posts back.. a small pin works sometimes, just as big PBs/PA setups fail sometimes

what's great about this pin, is the location + trend (zoom out daily chart).
plot a PPZ at 0.8390, check daily & weekly chart with it. i have that line since July/August. u can see, price has respected & bounced off of that area, creating that pin.

just my views..hope that helps
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  #74364  
Old Sep 9, 2010 1:51am
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Quote:
Originally Posted by Pinbar View Post
....
They have a saying here in Japan about 8 blind men each holding on to a piece of an elephant...
ah i remember that story
en.wikipedia.org/wiki/Blind_men_and_an_elephant
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  #74365  
Old Sep 9, 2010 1:53am
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Quote:
Originally Posted by jarroo View Post
Sorry sChaos but your chart didn't appear in your post . . . I hope my computer is not messing up again . .
hahah...
i did not include a chart Sir.
your PC is doing fine...so far.
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  #74367  
Old Sep 9, 2010 2:05am
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Quote:
Originally Posted by mbqb11 View Post
hahaha are u kidding me. I must be pure NY b/c what the heck do you do with that thing.
i found 'better' links within that page.
thanks jarroo, LOL
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  #74377  
Old Sep 9, 2010 3:17am
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Quote:
Originally Posted by Pinbar View Post
....
Hmm, while the PPZ and BRNs will indeed be the same, what is not the same is that the PA is not as definitive. As Mike mentioned he does not trade IB, then my feed would not be a trade.
....
but what if u/he trades IB's? then, it would be immaterial if it's a PB or IB right, since he/u'll trade it anyway.
if u wear a different (& usingyour creative mind), u will notice that if u "add a part of the prior bar with that IB" (talking about your FXDD feed), it will form a PB.
it is a matter of perspective, as has been said already.
also, i checked your FXDD & Mike's chart, the low of the PB & IB seem to be quite similar.having said allthese, in essence,thePB & IB are both tradeable -- they just look different (due to varying broker time feeds).

looking at 2 or more feeds wont be 'too much'. in the beginning it might, it just takes getting used to. but actually, u wont be trading all the PAs u'll be seeing in 2 or more feeds, u only have to monitor/check the PA's (in time, u will become 'time efficient' when it comes to glancing at the charts),& pick the best PA setup u are comfortable trading.
i think u just feel overwhelmed right now ('oh man, im gonna have to look at that many feeds now?!?!'). that's understandable, & know that that feeling is fleeting.

hope this helps further
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  #74394  
Old Sep 9, 2010 4:30am
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Quote:
Originally Posted by The Lord View Post
...I think I will have to start using other feeds as well. But not sure. It will be more screen time as a major disadvantage.
not necessarily.
if the goal is to look for PA setups in several feeds, it would just take u a few seconds/minutes (more charts to look at = of course involves more time). remember, the TLs, Fibs, PPZs are mainly universal, only the PA 'look' differs from feed to feed.

Quote:
Originally Posted by The Lord View Post
I felt the answer was for me.
possibly, & for some others too.
just reading minds, that's all.
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  #74417  
Old Sep 9, 2010 7:07am
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Quote:
Originally Posted by ghous View Post
Interesting situation on the USD/CAD.
...Can we push through and make it to 1.03? I wonder what the big boys are up to.....
Parity (1.00)
if that area cant hold, then possibly 0.92 - 0.95 area (area of Nov2007 low)

Let's see..

(btw... cool video, ghous!...maybe it's my turn next...so i can improve my verbal English... ROFL!!!!)
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  #74418  
Old Sep 9, 2010 7:09am
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Quote:
Originally Posted by simoncs View Post
Hi guys,
I came across this software sometime ago...
trade journal software?
thanks for sharing, Sir Simon!
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  #74428  
Old Sep 9, 2010 8:28am
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Quote:
Originally Posted by ghous View Post
That is a major reason why I got into doing those videos....
to be honest, u did well.
i guess i got no choice, i have 0% chance to practice my verbal English in my place.
Keep it up!
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  #74433  
Old Sep 9, 2010 8:58am
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Quote:
Originally Posted by ghous View Post
Wow! That is strange, I've nothing close to that on my feed..
wow, interesting.
i think i've seen something like this before.

possible that 1 is demo, other is real. but more likely, u two are using different data servers (broker servers).
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  #74439  
Old Sep 9, 2010 10:01am
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Quote:
Originally Posted by spookie94 View Post
I was going to ask what feed that was...
at the lower left part of the chart, it says Metatrader5.
MT5 by default has H8 (& other timeframes)!

if u havent tried it,check it out
http://www.metatrader5.com/
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  #74441  
Old Sep 9, 2010 10:17am
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Quote:
Originally Posted by relyt View Post
It looks like there could be pinbars forming on the hourly for both USD/CAD and EUR/USD. I can't post charts right now, but does anyone else see these on their feed and have any comment about them?
Hey relyt,
on FXDD demo, i saw these pins.
both are against the current dominant move which is up for eurusd & down for usdcad. (specially for the strong downmove in usdcad)

just my views
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  #74443  
Old Sep 9, 2010 10:26am
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Quote:
Originally Posted by relyt View Post
It looks like there could be pinbars forming on the hourly for both USD/CAD and EUR/USD. I can't post charts right now, but does anyone else see these on their feed and have any comment about them?
Hey relyt,
on FXDD demo, i saw these pins.
both are against the current dominant move which is up for eurusd & down for usdcad. (specially for the strong downmove in usdcad)

just my views
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  #74490  
Old Sep 10, 2010 12:01am
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Quote:
Originally Posted by joelcf View Post
For any Australians...
2) Hayley from IBFX sounds smoking hot.
u talked to her? for how long?
IBFX has a great marketing staff

(i initially misread it as 'looked smoking hot'... LOL)
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  #74497  
Old Sep 10, 2010 2:42am
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Quote:
Originally Posted by joelcf View Post
Unfortunately, it would be my fiancee doing the shooting
does she look like Kate Beckinsale?
is she Kate Beckinsale?

if not... uh oh.
what happens to Kate Beckinsale?
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  #74506  
Old Sep 10, 2010 6:46am
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Quote:
Originally Posted by mission View Post
I dont know how to communicate well over the net, but newbie helping out newbies, I just want to say that you just cant be spoon fed PASR...
your future is bright!
Keep it up Kim!
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  #74555  
Old Sep 11, 2010 10:11am
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Quote:
Originally Posted by jarroo View Post
I don't know if your into the 78% FIB (is the 78% a Fib ratio?)....
78.6 is.
some use 76.4.

Quote:
Originally Posted by jarroo View Post
We knew this all along . . .didn't we sChaos .. .
Pretty easy stuff . . right buddy?
Sure, Jim.

Quote:
Originally Posted by jarroo View Post
September 11, 2001 . . .We will never forget.
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  #74572  
Old Sep 12, 2010 4:20am
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Thinking Trading is hard?
want to quit (any endeavor)?

here's a very inspiring video
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  #74574  
Old Sep 12, 2010 8:26am
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Quote:
Originally Posted by Jey View Post
Thanks a million SC, I was on the verge of quitting trading until I saw that vid....
one could come up with several reasons to quit (any endeavor).
think of the few reasons why u started (any endeavor) in the first place.

for sure, trading (or any undertaking) is not for everyone.
but at least we should devote 'laser focus' & exert our best effort before we even think of quitting, if at all.
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  #74597  
Old Sep 12, 2010 9:31pm
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Quote:
Originally Posted by raczekfx View Post
....
Cheers and Happy trading.
back to cave.
R.
man, i knew someone here would be in on those breakouts.
i had very tight stops on eurjpy, eurusd (last week's trades).. i woke up early, about +/-8am, 1.5hrs ago to see they got hit (prior the upmove)
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  #74684  
Old Sep 14, 2010 6:30am
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Quote:
Originally Posted by dabbledave View Post
...I also demoed short on the 4H bearish ourside bar (BEOB). Bullish pins forming on the hourly ... Have others who also took this trade bailed out already?
it would be best for u to make your own decisions & not rely on others... specially since we all are unique & trade differently.

Quote:
Originally Posted by billm View Post
Thanks guys, so do you prefer H4 and Daily ?
...
Hello dabbledave & billm!

if u are new to this material here are useful links i've gathered for u (some links maybe redundant)
http://www.forexfactory.com/showpost...ostcount=67127
http://www.forexfactory.com/showpost.php?p=3937730
http://www.forexfactory.com/showpost.php?p=3763788
http://www.forexfactory.com/showpost...ostcount=67609
http://www.forexfactory.com/showpost...ostcount=23250
http://www.forexfactory.com/showpost...6&postcount=32
http://www.forexfactory.com/showpost...ostcount=56751
http://www.forexfactory.com/showpost...ostcount=71842
http://www.james16group.us/Guests/guestmaterial.html

apart from passion, what will make the difference is the amount of time u devote to learning & practice.
Enjoy!
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  #74685  
Old Sep 14, 2010 6:36am
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Quote:
Originally Posted by Walcott View Post
Hi guys,
I just had a crash on my computer and I can't find an important link anymore..

It was a reply with a list of James16 Thread best replies (about 50 links) classed by categories. A kind of summuary of good replies (mainly from Jim).

If someone know this reply, thx for your help .. I spent all the morning trying to find it, drives me nuts!
oh wow.
my PC's hard disk crashed too.
i havent replaced it yet. using this other crap PC. lol

check out the links i posted above. (check the first 3-5 links & search within). most likely it's there.
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  #74688  
Old Sep 14, 2010 6:49am
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Quote:
Originally Posted by Chelski View Post
Anyone take GBPEUR? It moved off so quick i missed it. I never chase once a trade breaks so now getting a free lesson in patience and discipline!
also a lesson of not regretting trades u missed
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  #74692  
Old Sep 14, 2010 6:59am
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Quote:
Originally Posted by ppfx View Post
i'd say it has more confluence than you think... the overall trend is down...
it improved to become a 3H BEOB/ 4H PB. (Oanda/FXDD)

June low is 0.8066ish. if price stays above this & 0.81 - 0.82/0.8250 holds... im slightly bullish & see possibility of 0.8500 - 0.88/0.89.

just my view
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  #74694  
Old Sep 14, 2010 7:03am
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Quote:
Originally Posted by bug View Post
Computers crashing...been there, done that... So I suggest you follow my lead - buy a USB memory stick and copy everything that you cannot afford to lose. I'm not talking about music/video or porn... ....
yah, thanks.
recently bought a USB.
i'll have that hard disk data recovered. hopefully they'll get to recover my porn folder too.
Quote:
There are lots of different designs to choose from...
im looking for a 'specific' design...

Quote:
Originally Posted by ppfx View Post
... maybe not i know that you're very good at finding a post, even its hard to find it (still dont know how you do it )
thanks for the suggestion.
i have a cheat sheet
& i dig well
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  #74697  
Old Sep 14, 2010 7:06am
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Quote:
Originally Posted by Chelski View Post
Yes that module too. I will give myself a metophorical pat on the back and look for the next opportunity.
much better if u do it for real
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  #74699  
Old Sep 14, 2010 7:09am
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Quote:
Originally Posted by aserbfx View Post
....
but these are the most important things, aren't they?!
Quote:
Originally Posted by bug View Post
If you're working for the industry...then yes, make backups of these too.
since my PC crashed, & im 'back to square one' with my collection, can u two share your collections?
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  #74700  
Old Sep 14, 2010 7:13am
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Quote:
Originally Posted by Atc View Post
I don't think anyone posted this...
slept in and missed this...more trades will come right SC
yes, Sir Bill!
eurcad chart is pretty choppy (immediate traffic to the left of current price) but momentum helped it move down. (eur weakness)
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  #74703  
Old Sep 14, 2010 7:23am
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Quote:
Originally Posted by lallous View Post
I...
Hello lallous.
check out the links i posted about 9 posts above.
they will get u up to super speed.

Quote:
Originally Posted by Atc View Post
Yes choppy to immediate left....however...
i see.
so that's why u highlighted that bar.
interesting.
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  #74716  
Old Sep 14, 2010 8:58am
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Quote:
Originally Posted by Thierry View Post
....
Went short after the break of the pin (trade live with other broker).
Did i something wrong, or was it just not working out (so far)?
I know the pin is a bit small compared to the other bars but bounce of a nice ppz. Did i mark the ppz areas well on this chart?
....
Hello Thierry,
u did well on plotting those PPZs.

not all bearish pins shot down after it breaks. sometimes it stalls for a few bars before going down. u correctly pointed out the pin is pretty small.

but most likely, $ weakness (NZDUSD current uptrend) is in play. (at the same time, u can also say Daily/Weekly is currently in a range)
also, that pin/BEOB has hit immediate traffic (or FTA,depending on your view)... see the 2nd & 3rd bar prior the pin. they may not be the immediate PPZ, in your view, but u should be aware of them & hence not surprise u if these stall price.

just my view
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  #74727  
Old Sep 14, 2010 10:15am
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Quote:
Originally Posted by mbqb11 View Post
... can't forget parity on usd/chf J too
DONE!
usdcad next hahah
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  #74730  
Old Sep 14, 2010 10:20am
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Quote:
Originally Posted by roundrock View Post
how about this BEOB ?...
0.8300 area, imho... if it wants to go down.
be sure to wait for PA before u enter... lots of PPZs below (than above, imho:H4 chart)
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  #74733  
Old Sep 14, 2010 10:35am
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Quote:
Originally Posted by bluetrader View Post
Hey RR, I was considering this same trade... I highlighted the first traffic zones as I see them.
I passed on it btw.
....
cool feed. huge BEOB! lol
it highlights the 0.8328 PPZ very clearly. (i have it at 0.8325 as a line chart-based PPZ, FXDD)


EDIT:
MBT & FXCM feeds (yours &roundrock's) look similar too.
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  #74737  
Old Sep 14, 2010 10:44am
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Quote:
Originally Posted by billm View Post
Notice how different my feed, FXPRO is for the same pair
yes, but the PPZs, S/R's are the same.
if u want,u can go check/monitor 2 or more broker feeds... unless doing that gets u confused/less productive
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  #74741  
Old Sep 14, 2010 11:08am
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Quote:
Originally Posted by bluetrader View Post
Mine is FXCM too SC
The broker name in the lower left corner just refers to the installation. I haven't used the MBT datafeed in months lol.
...
i see. a good fake!
so u must be using a different server (MT4 .srv file).
perhaps the same situation with aserbfx's chart
http://www.forexfactory.com/showpost...ostcount=74625

EDIT:
sorry, got confused a bit. didnt notice u both had the same chart(same feed)
....i'm a sleepy head now (it's 11pm... lol)
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  #74780  
Old Sep 14, 2010 11:05pm (46 hr ago)
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Quote:
Originally Posted by tubguy View Post
....
How do I get an FxPro demo if I'm in the states?
not sure... what do u mean how?
get a demo from
http://www.fxpro.com

Quote:
Originally Posted by Mr Smith View Post
..just put in a address somewhere else, I always use fake addresses for my demo accounts.
yah. for demo, u dont need to fill in the correct personal info.
i put in something like "name: crap", "email: w@y.com" etc
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  #74781  
Old Sep 14, 2010 11:07pm (46 hr ago)
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Quote:
Originally Posted by spookie94 View Post
One down side though, any lines or zones you plot one one pair will show up around the same price on another.
it wont necessarily show up on the same price on a different pair.

anyway, if that's the case, create a template which has no lines at all.
u may call that template 'template_bare', for example.
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  #74783  
Old Sep 14, 2010 11:13pm (45 hr ago)
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i have limited knowledge about CBs...

Quote:
Originally Posted by cprao View Post
I don't know for sure but I think they are not because
1. They participate occasionally, just to tilt the balance against the market sentiment.
....
i believe they participate more often than u think, for several reasons.
they are the Biggest of the 'Big Boys'.

Quote:
...2. Their participation is termed as an Intervention
it literally is intervention, since they constantly monitor & try to arrest too much volatility in their respective currencies.
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  #74787  
Old Sep 14, 2010 11:16pm (45 hr ago)
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Quote:
Originally Posted by roundrock View Post
big bullish candle pierced thru BRN, couldnt sustain, coming down off BRN, free space , fta is marked as blue. quick run down is what we need :-)
imho, that's not surprising at all.
that was a massive move last night/yesterday & momentum dwindled in the late-US session approaching early Asian session.

it's possible that your fta will get hit. but be alert, just in case.
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  #74789  
Old Sep 14, 2010 11:37pm (45 hr ago)
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Rumors of BOJ intervention floating around.
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  #74796  
Old Sep 15, 2010 12:03am (45 hr ago)
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Quote:
Originally Posted by Pinbar View Post
Rumors? LOL
Where have you been SC.
.....
Been asleep

Quote:
Originally Posted by Cyrus View Post
Can one of you guys pse PM me when we hit the big round number?..
get ready to be flooded with PM's, Sir
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  #74800  
Old Sep 15, 2010 12:15am (44 hr ago)
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Quote:
Originally Posted by Pinbar View Post
Wow. This is an eye opener!
I thought people would avoid such a bar.
Obviously, I am confused.
taking on any situation... any time, any place... as long as one is prepared &/or experienced.
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  #74805  
Old Sep 15, 2010 12:31am (44 hr ago)
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the BOJ is an exemplary example of a PATIENT trader.
they waited for the right moment.
& then BOOOOOOOOOOOOM!

in less than 4 hours:
gbpjpy 300+ pips
usdjpy 200+pips
eurjpy 260+ pips
xxxjpy 150+ pips

Awesome
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  #74833  
Old Sep 15, 2010 2:36am (42 hr ago)
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Quote:
Originally Posted by meghasl View Post
Hi,... I have been following this thread for past one month. ..
Hello fellow Asian,
here are a 'few' links to keep u busy
http://www.forexfactory.com/showpost...ostcount=74684
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  #74836  
Old Sep 15, 2010 3:15am (41 hr ago)
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Quote:
Originally Posted by dabbledave View Post
....
How many pairs do you scan and trade on day-in, day-out basis?
.....
Hello Dave,
it differs.
it's a matter of personality, experience, preference &/or comfort.

for one, mbqb11 suggests u look at as many pairs (or instruments) as u can & pick the very best setups.
some concentrate on 1 or a few pairs for several reasons (example, some only trade eurusd because of its high liquidity &/or tight spread; while others trade a certain or a few pairs because they are very familiar with its/their movement/s)
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  #74843  
Old Sep 15, 2010 5:26am (39 hr ago)
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Good replies..

Quote:
Originally Posted by joelcf View Post
Three of your four examples are monetary.
i knew there was a good chance u'd noticed that

i/we know anderou shared that approach & meant well.
but the best approach,imho, would be to concentrate on trading well.

Goal: trading excellence rather than profit excellence.
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  #74845  
Old Sep 15, 2010 5:53am (39 hr ago)
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Quote:
Originally Posted by anderou View Post
..none of them are monetary to the extent of a dollar figure,
Pips become a monetary dollar figure when you attach your trade size to your stated goal.
A percentage becomes a monetary dollar figure when you give info about your account size.....
Oh, i see.
this is another issue that is a matter of perspective.

if this is so, then i believe most do not share or most are not experienced enough to have this 'elevated' perspective which u have.
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  #74851  
Old Sep 15, 2010 6:30am (38 hr ago)
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oh crappy internet.

anderou,
i was supposed to put this as an additional post 10-15minutes ago:


just read your whole post (first lengthy post).
imho, all the replies had merits.
in fairness, joel asked sensible questions.
like i said, this is a matter of perspective. we have different perspectives. if u try to push your perspective to others & dismiss perspectives of other people, then we will have a problem.
& based on the replies, no one insinuated that they were looking down on you nor your post count. people in this thread are of a different breed & u will notice that sooner or later.

(i now have read all your posts up to this point &)
make no mistake, your points/approach were taken well.
Please keep speaking your mind & keep posting charts!
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  #74852  
Old Sep 15, 2010 6:51am (38 hr ago)
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Quote:
Originally Posted by joelcf View Post
Postcount on FF means very little - I've seen some complete retards outside this thread with thousands of (useless) posts..
im one of them (i post outside too, lol)

Quote:
hell, ive racked up almost 700 without sayin much useful at all
of course, that's what u think.
(imho) we do not have the luxury or talent to acquire the knowledge which u have acquired/inherently have, at your current age
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  #74866  
Old Sep 15, 2010 10:00am (35 hr ago)
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Hello Donkey,
FXPro (among others) has Gold & Silver.
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  #74908  
Old Sep 15, 2010 9:52pm (23 hr ago)
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Quote:
Originally Posted by Adilius07 View Post
I never thought the city of Toronto was such a cool place!!!
got some pictures?
i believe Canada in general is an awesome country.

Quote:
Originally Posted by The Lord View Post
Friend, I am already into this trade..
The Lord -- the FTA sniper
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  #74911  
Old Sep 15, 2010 10:13pm (22 hr ago)
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Quote:
Originally Posted by roundrock View Post
hi lord, where would you place the sl ? if i place at other end of the pin then i am getting less than 1 RRR.
...
u have a monetary focus.
imho u should focus more on the setup's S/R, PPZs than on RR.
(btw, if u dont like or arent comfortable with the setup, u can simply avoid it)

hmmmm... have u read the posts here?
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  #74921  
Old Sep 15, 2010 11:47pm (21 hr ago)
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Hello Donkey,
in the context of his post, the PA setup is actually the IB.
they either buy above or sell below the IB.
i havent examined the chart well, but imho, price should break the trouble areas (1.0050 or 0.9930) with momentum. that would be the key.
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  #74930  
Old Sep 16, 2010 5:29am (15 hr ago)
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Quote:
Originally Posted by ddinnov View Post
EURGBP is heading back toward 84...Wonder if it will make it through or bounce off..
1 vote for 'make it through' (sooner or later)
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  #74951  
Old Sep 16, 2010 8:21am (12 hr ago)
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Quote:
Originally Posted by joelcf View Post
....
So, by that definition, the SNB wasted all that money.
Strangely, given the current state of the Swiss economy and the recovery since they started trying to arrest the slide, I suspect alot of Swiss businesses and citizens would disagree with you there.
i presume u are referring to the positive economic implications of the SNB's intervention.
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  #74954  
Old Sep 16, 2010 8:26am (12 hr ago)
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Quote:
Originally Posted by stewrigh View Post
Anyone know whats happening to the Swissie
Is the SNB at it again??
see the Calendar.
we had CHF-related news earlier. USD news a few minutes from now
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  #74956  
Old Sep 16, 2010 8:30am (12 hr ago)
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Quote:
Originally Posted by stewrigh View Post
DF spiked up 200 pips today - is that SNB intervention?
from ThomsonReuters news:
"The Swiss is weakening in the wake of the SNB decision to leave rates unchanged. The SNB warns of risks to the economy from Franc strength and is dovish on its inflation outlook. There has been unconfirmed rumours of the SNB themselves in the market buying USD/CHF in the last few minutes"

Quote:
Originally Posted by stewrigh View Post
Yeah but the CHF news was good for the franc
u mean the 'unchanged' rate?
sometimes the currency weakens after an 'unchanged' rate decision. (at least in some of my observations in the past)
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  #74962  
Old Sep 16, 2010 9:07am (12 hr ago)
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Quote:
Originally Posted by stewrigh View Post
Yeah but the CHF news was good for the franc
Quote:
Originally Posted by stewrigh View Post
No - I was looking at industrial production.
at the time of your post/question, all the CHF-related news have been released, including the rate decision.
& i think the market looked forward to the rate-related news & in the process (mildly) ignored that ind. production data.

& it feels like they timed it well.... BOJ & SNB tag team.
who's next?
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  #74963  
Old Sep 16, 2010 9:13am (11 hr ago)
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Quote:
Originally Posted by bboyomega83 View Post
long nose and at a swing high. The only question on my mind is IF it breaks then where can we expect price to stall. My first inclination is at the top or middle of the consolidation it just broke out of.
IMHO, the more important question to consider is "will your trade get a good chance of hitting FTA &/or will the trade succeed?"
in 1 of my feeds, the distance of that PB's low to the immediate trouble area is about 10-15pips.
the nose is average in size, in the context of the current uptrend.
so, in other words, be careful

just my view, Sir
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  #74970  
Old Sep 16, 2010 12:28pm (8 hr ago)
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Quote:
Originally Posted by grahamec View Post
... can not seem to find any info on how to set up a chart- MAs indicators etc to trade the way j16 recommends...
Hello Grahame,
if u are not familiar with the MT4 platform(assuming this is what u are using)..

within MT4 go to Help or press F1.
&check this thread.
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  #74980  
Old Sep 16, 2010 5:08pm (4 hr ago)
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Quote:
Originally Posted by cprao View Post
...can you explain little bit more on these fakey set-ups...
How are you determining that it is a fakey set-up ?
'Fakey' from the word 'fake'.
price moves in 1 direction then suddenly reverses & continues in that direction.

i think it's simply an IB traded in a certain way.

btw, if i remember correctly, Nial is a former (& now hostile?) j16 PF student.
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  #74982  
Old Sep 16, 2010 5:17pm (3 hr ago)
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wow, Kruger National Park.
u live near that place?
is that cool or what?
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  #74987  
Old Sep 16, 2010 7:12pm (2 hr 1 min ago)
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joel, u got in first on 5000.
what are Goss Bars, Jaro-style hard breaks and Mick breakouts?


NOTE: i didnt wake up early for this 'occasion', i swear
(& i already PM'ed Cyrus, folks)
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  #74990  
Old Sep 16, 2010 8:04pm (1 hr 8 min ago)
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Quote:
Originally Posted by urchman View Post
A possible dollar strength?...
...
possible.
short term?long term? who knows..

US$ Index also halted its slide, now stalled above another RN, 81.00.
BOJ & SNB did well.
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