Thanks for the heads up. I have it saved in the cart and will get to it for sure. My interest right now is trading psychology since I think that needs to be nailed down. Having base system and having the psychology, then move on to the fancier stuff ...

Why Fibonacci Retracements are Bullocks

E/U — Sorry for the ugly colors. I'm not a big trend line guy, but there are some good hits on the down trend line on this move, the BUOB hit and pulled back from it, so may or may not mean something. One more variable to look at.

james16 Chart Thread

What's that song? "I got shogun, a rifle, and 4-wheel drive and a country boy can survive." Yeah, I pray we don't go into a Mad Max / Road Warrior situation, but I'm ready, too.

james16 Chart Thread

Is this what you are looking for? url

james16 Chart Thread

Understood, thank you again.

james16 Chart Thread

Thanks Mike! If I understand correctly than in this type of scenario, by placing the buy order near the close of the gap we are looking to enter at the break of the gap vs the break of the pin? If I understand, it seem like that would the safer way ...

james16 Chart Thread

Nice — LOL, you have it all mapped out. I need to start doing that and keep notes to see how often or how close things work out. Interesting, those triple bottoms are also above the 61.8 Fibo @ (89.98) I've drawn as well from 12-17 swing low ...

james16 Chart Thread

Weekly PIns — There were several weekly pins I was looking at this week (u/j, c/j, e/j, g/j), but didn't take any. The reason is because on the Sunday open we had a gap UP over the break of the PIN bar. This is the first time I've seen that ...

james16 Chart Thread

Check out Steve Nison on Amazon. He's the candlestick man. Japanese Candlestick Charting Techniques, Second Edition (Hardcover)

james16 Chart Thread

I did a search for position size calculator in search engine and I found this: here forexcalc seems decent enough and if you use Oanda I think they have one as well. It will give position size in units so you will need to round up or down to make it ...

james16 Chart Thread

Hello, What is an R-db? I tried to search the thread, but it isn't returning any response. thanks in advance.

james16 Chart Thread

I have an AMD X2 5600 (2.5-3 years old) running XP and has more than enough power to run trading software. So anything you buy new today will be faster. The area you may want to look at is make sure you have 2 GIGs of memory and a dual head video ...

james16 Chart Thread

Nice charts. I was going to mention, if you save your pics in jpg or gif format you can reduce the size of the files from 300k down to 20-30k

james16 Chart Thread

Giving this some thought and yes it does seem like buying at the top. Actually, reminds me of a video I watched and the person worked at the CME as a floor trader and he said it was like clock work that orders would poor in to buy at tops and sell ...

james16 Chart Thread

Watching it like a Hawk.

james16 Chart Thread

I was just thinking about adding to my position then I read this. You say you wouldn't be entering now, is that because it has moved so much with little retrace? If price has a shot at the 1.92 level, we are talking almost 2500 pips from where we ...

james16 Chart Thread

GBP/CHF — Anyone still in the G/C???? I'm still 1/2 in. Coming up to a PPZ, not sure if it can go more. 1.6000 has been broken and I'm thinking 1.7525 is the next stop if it breaks 1.6720 ish area...

james16 Chart Thread

The psychology involved with trading is truely amazing.

james16 Chart Thread

Just added this to my shopping cart, thanks for the post.

Why Fibonacci Retracements are Bullocks

Yeah, I'm a believer.

james16 Chart Thread