Couldnt have said it better. Rac's charts are really amazing.
And how are you doing? I didnt see you posting in this thread for a while?
The Rac-cave is a very busy place . . .
Indicators show the past. Price Action "Indicates" the future.
james16 Chart Thread
- #73,881
- Sep 3, 2010 8:06am Sep 3, 2010 8:06am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
The Rac-cave is a very busy place . . .
- #73,882
- Sep 3, 2010 8:17am Sep 3, 2010 8:17am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
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 anotherfor u
just noticed that chart... i agree
The 1.5800 was hanging out there from March, needed also to be considered.
Indicators show the past. Price Action "Indicates" the future.
- #73,883
- Sep 3, 2010 8:22am Sep 3, 2010 8:22am
- Joined May 2009 | Status: LIFE ITSELF | 1,058 Posts
Couldnt have said it better. Rac's charts are really amazing.
And how are you doing? I didnt see you posting in this thread for a while?
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,and I ain't gone change that to soon,sorry it my sound selfish but that's the truth.
The better I do, I feel less to speak
But I may post when time permits, a chart or two.
meantime I'm enjoying my life as much as I can
all the best!!
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,and I ain't gone change that to soon,sorry it my sound selfish but that's the truth.
The better I do, I feel less to speak
But I may post when time permits, a chart or two.
meantime I'm enjoying my life as much as I can
all the best!!
speaking of Rac,.. your post reminded me of one of his, lol... see the similarity? 
...
Strange things are happening to me. The better I do, the less desire I have to post. It's like with that buddist monk, who was meditating for years.
The more he practiced the less he talked...
- #73,886
- Sep 3, 2010 8:37am Sep 3, 2010 8:37am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Yeah i know, i know. And a very profitable i imagine
Ahhh duhh . . .sorry . . .my freaking internet got my mind wrong . . .
time for the weekend
have a good one.
Indicators show the past. Price Action "Indicates" the future.
Triggered my buy stop but at a level 30pips away from my set price (which means dilution in profit).
IBFX regularly sends reminder about how volatile price movement can be during NFP days but this is the first time I was entered at a price so far away in a pending order.
Speaking of explosive.......what a blast it was.
I did demo the I4B just for fun(trying to get into them), and it went perfectly, No slippage and they (Oanda) did not increase the spread on that pair.
Things always work so well on demo
- #73,888
- Sep 3, 2010 8:42am Sep 3, 2010 8:42am
- Joined May 2009 | Status: LIFE ITSELF | 1,058 Posts
Happy for you
Anyway just to complet rac post's look where price stalled, only that eurchf is being left behind
Ahhh duhh . . .sorry . . .my freaking internet got my mind wrong . . .
time for the weekend
have a good one.
Hope you solve the problems with your internet soon. We wanna see some more charts from you. Just kiddin' I know how frustrating it can be... I also had some problems with my connection in the past... A great weekend to you too
LOL maybe it is because I have read his posts for so many times that I lost the count, thats why this similarity
Anyway just to complet rac post's look where price stalled, only that eurchf is being left behind
Attachment
Attachment
Attachment
some of rac's favourite retracements 
I just came across this thread: Live(!) Trading Contest
Last year winner was a FF member named Xaron. And the first prize was:
"The winner of the contest will get a proprietary trader position at Nordmarkets. Also he/she will be invited to attend our next International Traders Conference edition and give a speech.''
Pretty good dont you think?
''There will be also prizes for the following subcategories:
> Risk Expert - Nord's Favourite
> Best Winning Streak
> Best Winning Trade''
Some of the senior could join and show them a little something about Trade Management And the newbies like me will be watching carefully and supporting them
Last year winner was a FF member named Xaron. And the first prize was:
"The winner of the contest will get a proprietary trader position at Nordmarkets. Also he/she will be invited to attend our next International Traders Conference edition and give a speech.''
Pretty good dont you think?
''There will be also prizes for the following subcategories:
> Risk Expert - Nord's Favourite
> Best Winning Streak
> Best Winning Trade''
Some of the senior could join and show them a little something about Trade Management
And the newbies like me will be watching carefully and supporting them - #73,892
- Sep 3, 2010 9:13am Sep 3, 2010 9:13am
- Joined Feb 2009 | Status: kiki soso largyalo | 2,243 Posts
meine augen sind die sterne
yes, i know this guy. if you want to know more of his trading style, do a search for the book "bird watching in lions country" from dirk du toit. it's a countertrend strategy. very interesting...
I heard about this book a million times, i even found a pdf of the book, but still didnt put myself to read it.
- #73,895
- Sep 3, 2010 10:44am Sep 3, 2010 10:44am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
Now where is Dan (Gilbert)?
He's probably having a weekend beer or two or cycling down a thrilling rocky hill so I'll leave this here for when he comes back.
g.
He's probably having a weekend beer or two or cycling down a thrilling rocky hill so I'll leave this here for when he comes back.
g.
I believe . . .
Hello,
Firstly I like to send my thanks to James16 for this great thread and other contributors.
I have been following along for a few day and i decided to become a member of this forum so i could contribute as well in this thread and mostly learn and practice. it’s a lot of pages..lol.. and I am willing to the work but if someone could in the nutshell tell me the key ingredients’ of this great and popular method i would greatly appreciated.
[color=black][font=Verdana]Thank...
