Health is fine. I still manage to lift 4x a week and go for a jog the other days, so I guess I am surviving.. .. does it have a detrimental effect on trading though? Sometimes, definitely. I can be irritable when tired, as we all can, and in the ...

james16 Chart Thread

I wont lie - it isnt easy Most of the market action happens between London open (6pm) and NY close (7am). I generally dont finish work until late (7ish, although still here tonight! ), so I usually do any trading either in between 8pm and ...

james16 Chart Thread

Mike is like Chuck Norris - he doesnt sleep. He waits. Bundy does, to the extent that we consider Queenslanders 'Australian'. There are probably about ten or so active Aussies in this thread. I'd wager there are a fair few lurkers, too.

james16 Chart Thread

Should have shorted her before she got dumped into the market Welcome to the trading gang! Great bunch of people here, as you probably know, so post plenty of charts/trade ideas to get feedback - having Mike or Jim (or Mike or Jim) look over your ...

james16 Chart Thread

Are we sure that price is trying to reach the moving average? Happy new years everyone. Stay safe (and drunk) and have a good night!

james16 Chart Thread

That's a very small bar after some very big bars in a sea of chop. As long as you know what you are doing, though.... just dont hit on a soft 18

james16 Chart Thread

Very jealous. ---- Have a good Christmas and New Year, everyone. See you again in 2010 to compound some more dollars

james16 Chart Thread

If anything, I think people are more pro trading psych than against around here. Which is fine, it has its place I guess.. I just think some people take it too far IMO, mentally, there is simultaneously a huge difference and no difference between ...

james16 Chart Thread

But the south of Spain means you have easy access to El Bulli - I feel lucky this year! This is really, really good advice. So I'm quoting it so everyone can read it again - consider it a xmas gift There really is no need to 'force' action - ...

james16 Chart Thread

Pretty much, yes. Broadly speaking: Bullish data -> strengthening economy -> greater demand for oil -> oil up Bullish data -> strengthening economy -> decrease in risk aversion -> money flows out of 'safety' assets (like gold) and into risk-seeking ...

james16 Chart Thread

Many reasons, but here are a few. 1) You assume that trading a 5m chart is the same as trading a 1hr chart. It isnt. The market dynamics are very different. What works in one market doesnt necessarily work in others. More on this later. Of course, ...

james16 Chart Thread

price action trading is a branch of technical analysis

james16 Chart Thread

I wish - blame work for that one. Holidays come in January

james16 Chart Thread

Yeah, it can be a bit mindboggling, coming from a 24h continuous contract market! Basically, it depends on the exchange and the product. Some, like eminis and note futures, trade around the clock. Most of the big CME products are traded 23-hours, ...

james16 Chart Thread

it is, to begin with - but as you said, so are most things worth doing 'Getting Started in Futures' is 'how did i futures?!' book for beginners. url (i think I lied, Jack didnt write it at all - he did the tech/a book in the series) also here ...

james16 Chart Thread

Really not sure sorry, someone else should be able to answer this though - I see a bunch of MT4 futures charts posted in the PF, so hopefully one of those guys will chime in

james16 Chart Thread

IB, mainly because there arent that many local brokerages that handle al the markets I want, and trading with a US brokerage is a pain in the ass - between having to wire funds in and out of the country and all the regulatory requirements that go ...

james16 Chart Thread

Normally, you want to trade a 2-bar pattern when a third bar completes the setup. You get your two matching lows with a higher close, then enter when the next bar breaks it. You are asking whether it is okay to trade using just one bar and what you ...

james16 Chart Thread

lol, that must be my exemplary communication skills at play, again Watch all strong FX pairs, even if they are are strongly correlated, because you will get different signals on each one. The only time you need to be concerned is where you are ...

james16 Chart Thread

Yup, that's pretty much it. Those pairs will always move together because they all have yen as the quote currency. Most will move in tandem with USDJPY, because that's always going to be the primary yen pair, and most of the others are constructions ...

james16 Chart Thread