Price movement — If you have an ECN, you can sit and watch the spreads onthe interbank change. Right now, the EURAUD spreads are anywhere from 5 to 16 pips. and it was changing every second or two. Pretty wild - ni periods of low liquidity, ...

james16 Chart Thread

I'm not Ghous, but I play him on TV... When the PA bar is trading into a strong PPZ. Since we are trading PA, we watch for that kind of thing - no?

james16 Chart Thread

It means that me, Goose and Bundy are a bunch of baddies....

james16 Chart Thread

I was exactly there too. In fact, I was certain that James himself was a charlatan...

james16 Chart Thread

Me too.... sigh. Is this part of the master plan?? First piss of your biggest draw... Second commercialize the place...

james16 Chart Thread

Ghous - that was a work of art.

james16 Chart Thread

Thanks Ghous - I was out in another ridiculous meeting... kk - the point we are making is that when there is PA prior to a news announcement, that PA, will, more often than not, shine a very bright light on the eventual market direction. GBPCAD PA ...

james16 Chart Thread

kk - remember how r:R is calculated - by looking at results. Focus on refinement of understanding what trades are great trades, how to minimize risk once you are in a trade, and finally trade management. But most of all, your own personal psychology ...

james16 Chart Thread

News Flash — OK, OK, I do like some news... Steven Tyler, lead singer of Aerosmith is 61!!!! Holy Crap, that is even older than Jim !!! Apparently he is also getting brittle... LINK Back to our regularly scheduled programming... PS - Hey Mike ...

james16 Chart Thread

ooh. That is a problem. I would positively file a complaint on it and report it to the NFA as a complaint. It is not as though you were breaking an anti-scalping rule. Get your money, then close the account. EDIT - errr. I see you are in Poland, so ...

james16 Chart Thread

I bet it means they could not hedge your trade (and a bunch of others) and have decided to remove the risk - after the fact. How long prior to the move were you in the trade?

james16 Chart Thread

News? What news?? — EURGBP 1hr Chart. Notice the PB prior to the news? You had only the last few minutes of the hour to get your trade on, but the market generally knows in advance. GBPCAD also Pinned yesterday. The market knows. Trade PA, or ...

james16 Chart Thread

Hi KK - I have four suggestions for you - which means you get a bonus! 1Hr. You need time to think. Forget the 1hr and go daily. You can get there, but you need to work to it. Go back and read the first post of this thread. DO WHAT IT SAYS. You are ...

james16 Chart Thread

LOL - sort of - I got in once it formed a PB and reentered the channel...

james16 Chart Thread

It was a quip... But you are very correct. Focus on risk mitigation and the money will take care of itself. And you CAN make 15K a week. You just the tools. And a big enough account.

Living Off Fx

I learned a lot of things from Mike - This ditty is a diamond. Mike - Know anyone who fades these 'breakouts'?

james16 Chart Thread

A week - yes. :nerd:

Living Off Fx

I was hoping to hear that. This is so darned important, and a real reason why I avoided FF (mostly) for almost 2 years. I traded just the dailies for a long time, and worked hard to pave my own road using the material found here. Every time I ...

james16 Chart Thread

Mind discussing why not taking the GC trade? I'd enjoy your take on it myself. News - I don't understand it anyway, and I am willing to bet that the economists at the big funds and banks have most, if not all the same data the government does ...

james16 Chart Thread

And yes - the PB marked was mine, all mine.... BWA A A A AHHH!!!

james16 Chart Thread