I'm just manually trailing it. It has hit my Fib Expansion @ 161.8, so I'm going to see if it retraces and continue back up or not... I'm going to try and let it run. I'm a noob so It's a small position size on the trade and only my 2nd Daily pin ...

james16 Chart Thread

CHF/JPY — Here is an update on the CHF/JPY trade. Go, go, go! This pin bar business really does work, huh?

james16 Chart Thread

Don't let a little mistake turn into a big mistake.

Advice Only. 1 Liners Concise.

I like the sound of that.

james16 Chart Thread

Jim Rogers says, "the 19th Century belonged to England, the 20th Century to the United States, and the 21st Century belongs to China." Will be interesting to see if it plays out that way.

Second Mortgage Crisis Coming? How does it effect USD?

Yeah, I guess you'd have to have a gigantic amount of money to ride gold from 850 to 1 back up to 3000 (if it goes there). I guess those long term trades are for the Jim Rogers of the world.

james16 Chart Thread

A gentleman called Lindsey Williams went on the radio and said it would go to 50 in Feb or Jun of this year. He had info directly from insiders. He's done several interviews, so should be easy to find if one cares to look.

The Grail Unvailed

CHF/JPY — Well, it looks like there was a break of the Pin off the daily. Looking at the hourly price seems to be in consolitation above the previous resistance (now support) is that a good sign or bad? Previous Charts: url url

james16 Chart Thread

Well there is a flip side to that coin. Other countries for example China will just consume their own goods vs. exporting them to you U.S. As the Chinese middle class grows and they want to live like Americans their own consumption will go up and ...

Second Mortgage Crisis Coming? How does it effect USD?

It's really the original mortagage crisis the resets will continue for years to come. As you can see in the graph 2012 is about when almost all the resets from the bubble are finished and things are back to pre-bubble.

Second Mortgage Crisis Coming? How does it effect USD?

Yeah, there is much to learn and the more I learn the less I know.

The Grail Unvailed

Peter Schiff and some others are saying The Dow & Gold will hit 1:1. Whatever that will be. Dow 6000 Gold 6000, Dow 3000 Gold 3000. That will be rock bottom @ 1:1 according to some smart people.

The Grail Unvailed

What does the above statement mean? I'd like to own a farm and cash in 20 years from now.

The Grail Unvailed

Gold 3000 by the end of Dec 09 before going to 6000. Also, you may want to edit your attachments so they are within the boarders.

james16 Chart Thread

Thank you for pointing that out, I doubt I would have see that.

james16 Chart Thread

10 pips the hard way — Very hard. Try this test on Demo. When you open a trade keep it open until you get 10 pips. You have to keep the trade open until you get 10 pips and your stop loss will be when the trade gets closed out by margin call. ...

How difficult to make 10 pips every day with only one hour trading?

Cool and the gang — I have printed this out and placed it in my notes. There is so much here I never considered (Trendlines, the fib on the pinbar, previous candles [highs and lows], and never looked for divergence). I drew (2) Trendlines. ...

james16 Chart Thread

Daily Pin CHF/JPY — Hello, May I get some feedback on previous post regarding a daily pin on CHF/JPY? I would most appreciate it. url I think I have identified a major support / demand area on the monthly time frame and a pin in that area on ...

james16 Chart Thread

Youtube: Masters of the Universe (Fraudsters and Profiteers) yet another way to make money.

How people should really trade!

There will always be indicies and Commodities, I hope. PA will work for that as well, eh? Maybe we will all be posting on the Corn Factory.

james16 Chart Thread