gbpchf mini uptrend vs. trend exhaustion result: trend exhaustion = 1 point with a dose of patience & persistence, exhaustion gave way to the price drop. i think other gbp crosses moved down too H1 MACD bearish divergence H3 (Oanda) BEOB ...

james16 Chart Thread

Hahah.. cant wait for the breakout, huh? trading before the breakout happens... nothing wrong with that.

james16 Chart Thread

personally, im particular with spelling. but since this is trading, & not an English class.... then i give more 'room' for the traders posting. specially Sir fti.... i think he has a lot to say so much so that his fingers cant keep up with his ...

Technical Analysis Fallacy

for anyone interested.... url

james16 Chart Thread

if i understood correctly what u just said, yes it is true. but that is not always the case. price doesnt always bounce hard after hitting a strong level. sometimes, it just means price is not yet ready to move in 1 direction (reread my earlier ...

james16 Chart Thread

yes, that was a general but at the same time a specific reply. yes, it may not be the right time for u to decide & try this methodology... but eventually u will have to decide if it's for u or not. try & reverse that thought. it is actually an ...

james16 Chart Thread

the answer is: if it adds value... if it's beneficial (rather than detrimental)... if it works for YOU... go for it

james16 Chart Thread

my initial thought is that... it's only Thursday. i know Japan is just 1 hour ahead of us here, not 1 day ahead..heheh so 0.7300 did break convincingly huh. see if the downmove still has energy or it's just a retracement.

james16 Chart Thread

i'll have to check my other MT4 for this. (no gbpcad on FXDD) but looks interesting, Sir. multiple bar high break or possible breakout + pullback. keep us updated, just in case

james16 Chart Thread

Hello Kyla, IMHO, quality (better/best setups) is preferred over quantity (number of profitable setups). also, i think, there are factors at play. -spread (a pair may have a lot of good setups, but the spread is too wide) - liquidity & volatility (a ...

james16 Chart Thread

awesome, Dan! aside from 1.3000 VBRN, another reason why we are at a pause, imho, is that we had a generous upmove since June. pauses/retracements are warranted & expected. "retired predictor" huh? well, 1 very good thing about that kind of ...

james16 Chart Thread

Winston knows his thing, he's a genius like u, bro. well, if u add confluence (like trend, S/R, Fib; i only got 4hrs sleep, cant think of anything else) for sure u will up your accuracy rate. & i think it's too early to say that u have a low ...

james16 Chart Thread

try a similar MT4 indicator, if u have one. i remember some people saying some MT4 indicators are compatible with MT5.

Jankone M5 thread

it may be crap... but more importantly, it has nothing t do with this thread. yes Sir, & possibly wrong thread to post it on. & if he's using THV Trix, no need to use RSI. or vice versa. im not sure your trade had 'good' resistance, like u ...

Jankone M5 thread

Hey Bill, why are u trying to open/download it to Metaeditor? do u wanna look at the code/programming? what u saw, i think it's natural, because u are dealing with an .ex4 file. that is the compiled version of the indicator. u need the .mq4 if u ...

james16 Chart Thread

stewrigh, agree, Sir. to me, what u said is part of the 'consequences' & bad 'cycle'. in short, like XNAdam said, it "reinforces bad trading psychology"

james16 Chart Thread

no Sir. like i said in the other post, u just have to be aware of the difference & u just have to use 1 or the other consistently. like in many things, 'what works for you'

james16 Chart Thread

Accidents happen all the time... a million prayers for them, ghous.

james16 Chart Thread

sorry, i missed the last part of your post. to answer your Q, yes. but like i said, your MACD (the 'real'MACD) is slightly different from the 'usual' MACD. yes, there is. 'real' MACD's histogram is NOT the same as 'usual' MACD's histogram. 'real' ...

james16 Chart Thread