Hmmmmm....... raczekfx fave retrace + PB.. Nice one, Matty! Let it tank further down... 1.3950 (currently stopped price in its tracks), 1.39, 1.3850 & hopefully down more... lol Hey, do post more of this, will u?

james16 Chart Thread

fat_tom, u need to give trades some space, yes, but right now, your aim is to slowly build your account up. to at least, 2000 - 10000 dollars or pounds (either thru add-on capital or trading profits). i believe this is still deemed small by many ...

james16 Chart Thread

sohail, seems like a price flip/PPZ. looking at oct19'08 area... is that 91 - 91.50? then sept11 area is 93.50 - 94? those are possible initial resistances (& PPZs) in case price moves further up. the 1st one (91 - 91.50) is actually holding price ...

james16 Chart Thread

cashmeer, i fully agree... Enjoy your quality time, Cobra!! See u back here...

THV system, final edition

bertie123, are u saying u just finished your 3 month demo, or u are currently on your 3rd month? I remember u were on your 2nd week during end of April. have u posted charts here often enough to learn from? have u also been looking for other PAs, ...

james16 Chart Thread

no charts but.... eur$ & $cad update — eur$ H1 & H4 (Bulbrokers STS MT4) both formed a BUOB as mentioned earlier. on H1, price broke through 1.4100, then made a "successful test" of that round number. mbqb11 mentions this often (at least ...

james16 Chart Thread

eur$ — after ranging for several hours, eur$ broke yesterday's highs. eur$ H1 beob (1pip difference on the highs, Bulbrokers STS MT4; same timezone with FXPro) followed by a pending BUOB (5-6minutes before closing), pending H4 BUOB too ...

james16 Chart Thread

fat_tom, Greetings & welcome! mibqb11 made a great response to your post. just like to add that, i too, have a very very small acct. most probably mine is smaller than yours. so i emphatize with your situation. i suggest u use j16 as a patience, ...

james16 Chart Thread

gorubin, my answers are in black to your previous post. ----------- That's a really good point supremeChaos, and one that I'm trying to figure out how to handle personally. In time, u'll just get used to it. I'm pretty sure trade confidence (due to ...

james16 Chart Thread

Jduester, a little addition.... hope u were aware of the recent $'s weakness & gbp strength (despite the Gordon Brown issue etc.. lol). this was evident looking at the weekly chart. & i think this is 1 of the main reasons why gbp$ reversed the way ...

james16 Chart Thread

4fun, I hope u are aware that a divergence signal (from any oscillator such as MACD, RSI, Stoch etc) doesn't exactly equate to a trade signal. it is more of an alert than a trade signal. An alert in the sense that it may present a trade in the near ...

james16 Chart Thread

mKashif, search the thread for "PPZ". in short, u can think of PPZ as customized pivot points" Glad that u got excitement out of reading this thread. Continue your demo on the side (or demo exclusively) & keep at it!

james16 Chart Thread

fxprocessor, do post from time to time. better than being a 100% lurker.

james16 Chart Thread

I believe jarroo has DIBS already ingrained in his thoughts & trading. He might not even be aware of it.

james16 Chart Thread

just signing in.... — Tipers, Yes i think zooming is necessary. zoom out, zoom in accordingly. This is normal, but do avoid it. practice more patience & discretion/pickiness & looking at your previous H4 chart, the MACD is showing a bearish ...

james16 Chart Thread

TiaForex, Thanks for the elaboration. Indeed, there are trade-offs & (strategies) should be trader-specific.

james16 Chart Thread

Punky, thanks for the reply.. i was from the "below H4 camp" too. lol Do demo of 3-12 months, or more if necessary. Don't be like some of us (me included). lol Go live when u are truly ready. this thread will teach u "less stress & more patience". I ...

james16 Chart Thread

Thanks TiaForex. This basically clarifies it, to me.

james16 Chart Thread

Jduester, that was actually a general question but yes, somehow, i know your style. lol hope u remember 1 of Sir james16's latest posts where i think he mentions a trade with $100/1pip. if that were your case, u surely would have pocketed some ...

james16 Chart Thread

Jduester, TiaForex, Punky, I'm curious... what was your entry, stops, # of lots/positions? live trades? no profit taken? there was a chance for at least 50-100 pip profit below the weekly PB. there's a minor ppz in 1.5800-5810 area where price ...

james16 Chart Thread