hmm .. another one im disagreeing on i dont think it'll get much passed the recent 92 highs before it starts its descent

james16 Chart Thread

Amen brother ... I been doing a lot of reading on COT analysis and that is what im basing my view on - ofcourse i dont have a crystal ball either To me it seems while the big dogs took a breather with their shorts, they are looking like loading ...

james16 Chart Thread

it'd have to be looooooong term in that case

james16 Chart Thread

Doubtful K, sentiment on this thing is still bearish cant see it going that high

james16 Chart Thread

lol now that looks like one heck of an inverted R:R .. but we wont start that again !

james16 Chart Thread

LOL LOL Yes you're right - we wont see you here anymore because no one came out and said we make 1,000 pips each and every month and therefore at 10 lots i personally make about one hundred grand every single month ... thats wot you want isnt it LOL ...

james16 Chart Thread

In that case forget it because you are already screwed ... sorry to be blunt but that is your answer.

james16 Chart Thread

Boy has it ever ! Man this month has really underlined when i've mis-managed trades so badly ... bring on September

james16 Chart Thread

Hey "Breakout" Mike Just wanted to get your thoughts on the GA bad-boy range that doesnt want to stop ... where are you seeing the range and how could you play a breakout on that sucker ?

james16 Chart Thread

Interesting possible setup later ... price bound between 50 and 618 fib levels and 50 is a solid ppz ... lets see wot happens Dont like the V shape of the bottom tho

james16 Chart Thread

lol wouldnt u at least attempt to read 1 or 2 pages of the thread first ??

james16 Chart Thread

Lovely !!?! OMG be careful man

james16 Chart Thread

One day you will have lost a crap load of money and think .. hmm i'd be better off NOT trading .. so being picky sounds logical .. thats when the lightbulb goes off

james16 Chart Thread

Those 2 will get you there for sure ...

james16 Chart Thread

Exactly right .. people do touch trading because of the RvR benefits .. But ofcourse that is not what is taught here

james16 Chart Thread

100% correct but who actually does this ? And for that matter, who can quantify they have a 90% win rate ? Those that do can do whatever they like

james16 Chart Thread

lol i keep saying i wont debate it - but the only question i'll leave u with is what if that 1 out of 10 loser is this massive GU bar that you are taking about a 130 pip risk - 130 pip loss is going to hurt anyone and i'd challenge those who say ...

james16 Chart Thread

well i'll leave that debate alone but its not about opinion its pure mathematics ..

james16 Chart Thread

See this is the kind of bar i have a problem with - where is your stop - the risk vs reward to your FTA is wildly inverted .. that thing whips around and you are in for a loss bigger than what your reward was going to be ... just the way i see this ...

james16 Chart Thread

Thx J .. however i will kindly disagree (but we wont open up that can of worms again then)

james16 Chart Thread