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StoragePro replied Aug 13, 2009Better be careful about that sort of thing. You can get crunched. And if you don't, You'll get a bad habit - which is much worse,because you'll get crunched over and over again.
james16 Chart Thread
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StoragePro replied Aug 12, 2009Erm... not to be rude, but I'd rather hang myself. Fiji gave me the good stuff already.
And it is stupid simple too! EDIT - Here is a REAL book. Interesting all the way through it. Seeking Wisdom: From Darwin to Munger You'll find it on ...james16 Chart Thread
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StoragePro replied Aug 12, 2009You have a way with words! You gotta have some Irish in ya. At any rate - (sorry, no pun intended), once you get hold of 'it', and more importantly, get hold of yourself, then, and only then can 'I The Trader' take advantage of compounding. Of ...
james16 Chart Thread
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StoragePro replied Aug 12, 2009Eyes getting old, Greg??
Ghous can point you where you can get a new monitor...

james16 Chart Thread
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StoragePro replied Aug 12, 2009Yes - that is what compounding is all about. The Snowball gets bigger as it rolls downhill and picks up more with each successive turn than the previous. If you are good trader - and can take advantage of this principle, then you'll be well off soon ...
james16 Chart Thread
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StoragePro replied Aug 12, 2009I must be an absolute idiot. Where and what did you trade?
james16 Chart Thread
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StoragePro replied Aug 12, 2009How very true.... Confession time - during the early days, It was so foggy for me, I blamed JIM! I really did. Damn Charlatan ...
There are setups that are just simply 'tradeable'. Some are easy - and those are the ones I look for. They ...james16 Chart Thread
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StoragePro replied Aug 11, 2009That answers that question - THV. Price Action Only. 1hr if I have time to look - 4 hr normally. Yes - and they have given me a bad case of gas. My wife wants to 'meet' Bemac now...
ICCE. Bemac's Fib. Reverse Engineered
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StoragePro replied Aug 11, 2009Man things are flat tonight. Nothing happening in Asia at all... No clues about direction either - unless you are positioned off a TL.
james16 Chart Thread
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StoragePro replied Aug 11, 2009You guys are strong to do that five minute stuff How do you enter? PA? Breakout and retrace? Majic Bemac Beans? Curious.
ICCE. Bemac's Fib. Reverse Engineered
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StoragePro replied Aug 11, 2009Hi SuperDooperMatt That bar is just a bullish bar. To be an BUOB, it needs ot completely engulf the extent of both upper and lower wicks. Cheers!
james16 Chart Thread
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StoragePro replied Aug 11, 2009If you mentally combine those two bars, it forms a PB - perfectly legit - and snazzy at a nice location. I use them often at lower time frames - 4hr and 1 hr. I'll have to look one up, but when I get PA at a PPZ, Outside bar, PB, and a IB forms ...
james16 Chart Thread
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StoragePro replied Aug 11, 2009Never can tell what is going to happen - Just gotta play the odds, and it may help to see the BIG picture. Look a the chart attached. Notice the BEOB that kicked off the move we are in. No interruption, and in fact we are accelerating. With MACD ...
james16 Chart Thread
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StoragePro replied Aug 11, 2009CHART EURUSD — new day, new play... ready or not - something is gonna happen (Captain Obvious, anyone?) Yesterday's BEOB did not break, and will take a miracle for it to do so now. Now what? I find nothing but reasons to sit on my hands. And ...
ICCE. Bemac's Fib. Reverse Engineered
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StoragePro replied Aug 11, 2009A losing trade — Hate it when this happens - but it is cleansing to share it... I live for this setup. First time back to the 365 EMA. On a Round number. On a PPZ (minor). Nice size PB. First trade of the day and I am licking my lips... See ...
james16 Chart Thread
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StoragePro replied Aug 11, 2009Hey Ghous- Put that old boy out of it misery gently...
james16 Chart Thread
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StoragePro replied Aug 11, 2009Chart: EURGBP - 1 hr chart — Sometime we get a nice PB, with divergence at a nice location, and those pesky bar highs act like they often do. You can take these trades, but be aware that this can be the result.
james16 Chart Thread