james16 Chart Thread
Hey Ant
It would be on the break of the two lows. You can play matching lows/highs just as a pure breakout continuation trade. I personally do this but they must have multiple matching highs/lows they can be strong continuation breakouts
Best
Mike
GU Friday small PB looks like there is some serious consolidation below, and the weekly has a strong bullish close to it with the candle coming off of the 61.8 retracement. FTA is about 40 pips but it is a pass for me with Wed & Tuesday bars being much larger in the uptrend. I feel this is just a retracemnet in the current uptrend.
Jarroo, I am up late drinking beer and watching SL's videos and reading his journal. Must have put in 15 hours solid today. It is interesting and confirms that we must swim with the big fish on large TF and seek confirmation and entries on lower TF.
It is really great how SL shows the big picture about PA rather than just a big bar at a swing high...Very interesting.
Absolutely Brilliant stuff.
Those poor souls that are throwing mud, know not what they do and that is just perfect self inflicted Karma.
Both the USDCAD BUOB off dbl bottom/last years low price and the GBPCHF bearish pin off the 1.6 look fantastic to me.
Woah. Thanks Jim, BIG compliment coming from you. =)
My biggest epiphany is that I DON'T KNOW what's going to happen. So just trust the PA when I can intuitively understand (aka "feel") what the market is doing.
I am also beginning to understand James' "It's dirt simple folks!"
The news guys always make me laugh, like to today . ."well Larry, looks like the market likes these numbers that came out today . ."
Why can't they say something like this . . ."Well Larry, that Weekly DBLHC hit its FTA now it looks like its going for those Highs at the 10700ish"
. . "That's right Bill we should be getting a reaction there . .if not we may find new Support . .back to you Larry . . "
What a wonderful idea 
A PA TV/Internet channel
If there is one word that sums up the Rac trade, it is this : Location.
For those of you who study Rac charts (like myself), one thing comes to mind . . Locational Confluence. I sure there is more to it, but that's the main theme . .imo.
) 
Any way you could have your friend say "Hello" over here at FF?
If he wishes to..Move over MTV, now there's . . .Mike TV.
If there is one word that sums up the Rac trade, it is this : Location.
For those of you who study Rac charts (like myself), one thing comes to mind . . Locational Confluence. I sure there is more to it, but that's the main theme . .imo.
I love when this guy posts his charts. Hope one day i will learn to touch trade like he does 
in a Jarroo free trade now.
i4b straddling VBRN... I have not been taking many trades at all this past month.... feels boring but all the best trades have been happening on 4hr at about 5-7 AM mountain time.... no way I can catch those lol....
edit: my stop loss was initially under the low of the I4B
I'm sending you another present (actually only a semi present - without commentaries
Use it, abuse it.... DON"T ... lose it...
I would say that my T/P was well placed
Because I opted to manage with a free trade (by closing half the position and riding the other half to the target), This trade added 0.5% to the account. Not a bad trade considering how quickly it became a "free trade"
. . .that 1.6200 is tough Resistance .. . the next one will go to the Moon. 
