I used to do some sports arb back in the day, but as the market expanded, inefficiencies were squeezed out. 5% used to be pretty easy to find, but by the end (~2005) I was struggling to find even half that. Wasnt really worth my time anymore. And ...

james16 Chart Thread

A couple of things to think about over the weekend. — Next week, a) http://uk.reuters.com/article/idUKTRE65E3LV20100615 (this explains some background: url ) b) http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aJnTm8Bb_cZg Have a good ...

james16 Chart Thread

haha, cant argue with that. Better patent it before the lurkers add a chapter to their ebook.

james16 Chart Thread

I know - talk about a cherry. Combine those bars and laugh all the way to the bank. (although, I gotta say, drawin divergence on the volume bars is a bit dicey, hehe ) Then again, I did get in on the BUOB back in March last year @ $20 - although ...

james16 Chart Thread

I've been itching to short Tiffany for months now. image Give me a break below 40, a retest and then I'll make back all that money you have cost me around anniversary/birthday/chistmas time for the last few years. Jerks. ----------- Also, just ...

james16 Chart Thread

Let me preface this with a disclaimer: Reading back, sometimes my combination of brevity and charming personality comes off like a cranky old man on the porch, ranting at kids on my lawn... so I apologise if I did. I wasnt trying to be a jerk or ...

james16 Chart Thread

ha, I wish. Time off for final exams, but my brain hasnt adjusted to having nothing to do.

james16 Chart Thread

Something like etrade is more designed for your longer term buy-and-hold strategies - their standard setup isnt really designed for the kind of thing you are probably looking for. I know they have a 'pro' setup, but (here, at least - it could be ...

james16 Chart Thread

I swear, if we are going to be renaming g-bars, this setup has to be called 'the Jaroo special'. A pinbar at a great level with an aqua box exactly where price jumps to... time and time again I think the way you and mike concentrate on ...

james16 Chart Thread

I'd go with the Murphy book first. Then move on to the Laidi if you havent killed yourself from boredom. Then maybe try and track down some of Louis Mendelsohn's books if you want to fill in the gaps... although, at that point, we will probably be ...

james16 Chart Thread

It isnt like trading is done in discrete 24h intervals. It's a continuous flow. And you might see a pinbar whereas I see a DBHLC. Or a BEOB. Or whatever. They are all the exact same information, just different abstractions of it. There isnt a 'best ...

james16 Chart Thread

Somewhere between marketkaratekid and marketninja, you realise that timezones dont really matter and the charts say the same thing Most like to use NY close, which makes sense - the Sydney/HK/Tokyo/etc sessions can essentially be viewed the same ...

james16 Chart Thread

Cyrus does a post every couple thousand pages where he pulls together all the posts for particular usernames using some kind of black magic. Get your condensed hit of Jaroo all in one place! Well worth searching for. It's a nice backgrounder in some ...

james16 Chart Thread

Hopefully it doesnt stop you posting, really like reading your analysis on them. The way you approach them has definitely made me rethink not only these, but some other setups too (like 'traditional' pin bars) and how/why/if they work. Maybe you ...

james16 Chart Thread

That isnt really an exhaustion pattern though, because there is only a downmove and then a pause. Which, more than often, continues the same way. For a genuine exhaustion pattern, we would want to see another bullish leg first (and even then, we ...

james16 Chart Thread

I dont see anything at all on that chart that says 'long' to me. That bar, if anything, is a trading range. That closed near the bottom. In a downward trend. ... If I wanted to play a reversal, I would want a big, clear sign that the market was ...

james16 Chart Thread

It isnt necessary to have a large account - thanks to brokers with flexible position sizing (Oanda started it, others have since followed), you can effectively trade any size account. So you have no worries there. The key is the second point you ...

james16 Chart Thread

You can still post Dealbook images, but as to why the hell they dont just let you export images... url (or, as Dan suggests a few posts below that, the new Windows 'Snipping Tool' is kinda neat) As for free broker demos, I cant see much ...

james16 Chart Thread

That's the main cause of the problem. What begins as good intentions (ie, dampen the business cycle to reduce the severity of a crash) ends up being the cause of even more problems. In an attempt to be seen as 'managers of the economy' and appeal to ...

james16 Chart Thread

Firstly, the substantive You are dead right there. The amount of system-pushing rubbish out there is incredible. Pile that on top of the volume of ill informed (but well meaning) comment and 'analysis' from amatuer traders and you quickly figure out ...

james16 Chart Thread