That pin bar sure helped my account. Now if I could just discipline myself to only take those types of trades I'd be doing well...

james16 Chart Thread

4HR Chart: You have resistance at an old GAP (left Purple area) close to the 78.6 Fibo and your round numbers. The longer term trend is down, but I see the short term trend as up (RED trendline). Me personally, I'm a nooob by the way, would play ...

james16 Chart Thread

I make a pretend car payment (cheap car) to a sub-account with Oanda. The idea was to be profitable with my primary account for 3 months in a row and then take 1/2 of sub-account and trade that. I was hoping to have a good chunk of changed saved up ...

james16 Chart Thread

G/U Trade off Daily. Off a fibo and support off of 1.4100 round number. Lots of resistance North, but curious to see if this closes the gap. Short term trade and I'm at break even, maybe it will take off...

james16 Chart Thread

I had no idea! I'm a huge Tool fan and I think Fibonacci is great too. My respect for the band just shot up a few more pips. Thank you for sharing this. I like all kinds of music, but the last year or so I've been into the Dance type music. Listen a ...

What kind of music you hear while you trade?

I try and stay away from the 1 hour, but I felt good about this one. PinBar off 32.2 and 78.6 Fibo with a support around the 130.25 area.

james16 Chart Thread

Celente — Gerald Celente - "When people lose everything and they have nothing to lose, they lose it." Worst economic collapse ever video Everybody Loves Money video

The video store

Not far behind ya. Whenever I try and get fancy I hurt myself, then I look at the damage and say, OK, no more messing around and wait for a J16 setup. I wait for the A+ pinbar and booyaa, back in the black again. Now the trick is to wait for the ...

james16 Chart Thread

Jim Rogers would say, it's times like these when fortunes are made. This type of melt down comes every few hundred years or so, take advantage if you can. It's going to take a set brass balls. video

Sometimes it's just not worth it

Is the Calendar on this website fast enough? It seem to update within 30 seconds or so.

Anyone knows free, good & fast financial news webs for fundamental analysis?

Black N Tan — I've been using these the last few weeks depending if it is on monitor 1 or 2. 1st is Tan background 2nd is Wheat.

Relaxing colors for charts

Gerald Celente — Gerald Celente makes Peter Schiff look like an optimist. Trends Research has a pretty darn good track record. video

Dooms Day Prediction comes true !

The DIBS thread just isn't the same without you brother. LOL. Dang, I've moved away from that thread myself since I'm focusing on J16 price action at the moment.

james16 Chart Thread

True, True. I finished reading Market Wizards a week or so ago and one of the interviews the guy said, even after a big winning streak take a break. Because a lot of the time you end up giving it all back + extra. Now I wonder who would've done ...

james16 Chart Thread

Your explanation is sound and I agree, but here is a hypothetical... Say you have 10,000 dollar account and you draw down to 8500. You enter a trade and you are back up to 9500. For me, I'd put a tight stop to make sure I lock in that profit as I ...

james16 Chart Thread

I see it has the helicopter pad, but does it have an attached submarine? My boat has to have the Submarine option.

james16 Chart Thread

Yes, but not on this trade (I have tight stop to lock in profit [already triggered]. I'm trying to recover from a bit of a draw down and want to get back to break even on the account. This move helped a ton, that is for sure. Otherwise, I would ...

james16 Chart Thread

If we fall short of the moon, I'd be happy at the 135.60 area or 137 ish highs. I can even see 145.50.

james16 Chart Thread

Support and Resistance (supply/demand) is great and definitely a foundation for me. What I like even more is when you have Fibs that are right in line with the S&R areas and create zones where you see price react. Another thing you can do is you can ...

Why Fibonacci Retracements are Bullocks

Would you recommend another book as "primer" before reading the Constance Brown book?

Why Fibonacci Retracements are Bullocks