There has been one thing that I've noticed while using this method. I enter on the penetration, the 38 and 61 if it retraces back that far. What I see more than not is that once it penetrates it has a very good chance of going back to the 38 and a ...

Indicator Free Trading - Skunny

If the current bar goes lower than 1.7859 then I will go short. My trade will automatically be made if it does. More than likely I'll post live here but just in case you will know where I entered. Reason for this trade is a retest of the last high, ...

Bing trade journal

Jim, I have a question for you about a pin nose. Does it matter if the eyes are sitting on the fib line and the nose penetrates it or are you looking for the nose to touch the fib line and then go back? I hope that makes sense. I'm looking forward ...

james16 Chart Thread

ES, I'm close to getting in the positve now with my U P&L woohoo! The only thing that I've notice is that I'm paying on the USD/NOK and I believe you're getting paid on it. Why would that be? I guess I should have stated what I'm paying, I'm paying ...

Cash & Carry

Thank you for the quick response, I appreciate it!

Cash & Carry

Sorry if this is a stupid question but here it is. If I have 3k in Oanda, 50:1 lev, and 1k in used margin with this basket. What is the maximum drawdown I can sustain before receiving a margin call? I.E if it has a drawdown of 15% how close do I get?

Cash & Carry

Jim, is that a perfect set up on the daily GBP/USD? I have it right off of the 38.2, weekly s2 and looks like we could get a dlhc.

james16 Chart Thread

Jim, thank you for all the info you are providing here. I have one question for you on the DHLC and DLHC. If I want to wait for the 50% ret. before I enter, how many periods would you consider the double still good? IE If I get a double high lower ...

james16 Chart Thread