Dec 25th — Merry Christmas to all. Want to give thanks to all the folks on this tread for their help and support. Thank You

james16 Chart Thread

He's an establishment hack. He makes the dumb money go in when the smart money is trying to get out or get the dumb money out when smart in trying to go in. I remember one of the last shows I watched and it happened to be when Toll Brothers was in ...

Why CNBC shows Liar Jim Cramer Weekly?

This guy was a former Goldman Sachs Pump N' Dumper. That is how he made all his money, nuff said.

Why CNBC shows Liar Jim Cramer Weekly?

Hello, In this pic you have a note 50/61 Fib + RDB. I was wondering what RDB means? Thank You.

james16 Chart Thread

Understood, but what if you just want to place a limit order (say you will not be around to watch more closely)??? Is there a text book way to enter the trade, similar to the Pin Bar setups?

james16 Chart Thread

You are correct SIR! YES! Wasn't paying attention... Close enough for government work though...

james16 Chart Thread

How do you play the BEOB? A break of the low + 10 pips like a pin?

james16 Chart Thread

How new? Have you gone through babypips school a couple of times?

james16 Chart Thread

USD/CAD — USD/CAD Pin Bar @ 50 fibo? The down move was after the triple top (not shown). Would this pin be a retrace of the down move before going short again?

james16 Chart Thread

1/3 of the way through, really cool.

The Grail Unvailed

The GBP was a classic DIBS trade that I missed... Glad someone got it.

james16 Chart Thread

Might take partial here at 1.4069 since it seems stalled just past the 61.8 Expansion

james16 Chart Thread

I like Fibo Expansions and I'm looking at the 1.3927 ish area for a partial and again a the 168.1 expansion @ around 1.3600 area. Mostly I like to see how price acts around these levels. If momentum is strong and crashes through I let it run some ...

james16 Chart Thread

Im in the USDCHF and EUR/USD also triggered. I guess my question to anyone is, does it makes sense to be in both CU and EU since they are very much correlated? Is that too much risk? What are the pros and cons?

james16 Chart Thread

CHF/JPY — I was out of my long CHF/JPY trade @ 83.33 this morning. It was a nice ride, curious to see what it does from this point. Anyone else still in this?

james16 Chart Thread

There are a couple of Pin Bar PDF's in the attachments section. The one I follow is the basic / conservative trade which is +10 pips from the high/low of the bar (depending on direction). On Oanda the high is 1.0869 +10 = 1.0879 In the PDF files ...

james16 Chart Thread

yeah, I always mess it up. I just don't have eye for it.

james16 Chart Thread

Hmm.. I like this. I'm not good at spotting divergence, but please let me know if I drew this correctly. I'm sorry for the battlefield heads up display on the picture. Price pierced the 68.1 Fib on Monthly, Divergence on the Daily, Pin Bar at a low ...

james16 Chart Thread

Every fiat currency that has ever existed has failed. The current FED is the 3rd central bank in the U.S. The previous 2 failed, this one will fail as well. Unless the dollar gets backed by a commodity, it is doomed. At least that is what history ...

Second Mortgage Crisis Coming? How does it effect USD?

I was wondering if you were in this trade or not... If you spot some trouble, feel free to share.

james16 Chart Thread