It happens - we all can fall prey to it. I had exactly ONE trade today. Less than two hours from open to close. 1.82R. I saw several other possibilities, but they were all crapitola.

james16 Chart Thread

Just stick to one fib for now and measure the previous move. What you are looking for are target areas for a retracement. Best fibs lines are 50 and 61.8 for retracement. There is no science to it really. If you get a fib that lines up with a PPZ, ...

james16 Chart Thread

Was I imagining things? — I noticed on the thread from last night and early this morning a lot of "manufacturing trades" going on. I will not get specific, but you just cannot jump on every PB that floats by. Most of what I saw failed. I ...

james16 Chart Thread

a small muse on Risk and Reward — R:R Which R is the R you care about most. Pro's, traders who have learned to be profitable over a significant time frame (not merely a year or two) have learned that risk control is the prime thing. Rewards ...

james16 Chart Thread

CHART GC 4hr — Monday will be interesting. Added to my 'Cargo' today with the drop. (I hope Bemac allows me to use the term - I like it!) and the target was simple to figure out. Area to watch - bar highs from the end of June. Now all I want ...

ICCE. Bemac's Fib. Reverse Engineered

Chart GU 4hr — making sure I subject line the post so Cashmeer does not take me to the woodshed... Watching: USD crosses had some nice action this morning. First the big Picture. Price approaching an important level - 1.6700. Closer in ...

ICCE. Bemac's Fib. Reverse Engineered

A trade to share — There has been some banter lately about R:R, math, exits, high probability trades, etc... Not that some of that stuff does not matter, but what is more important are the high probability trades and managing them right. Here ...

james16 Chart Thread

- If you look to the left of your chart, price formed a channel. It is not unusual when price comes back into that area, it forms another channel. Not always, but often enough to catch my attention.Scaling out to the weekly, we are at an area of a ...

james16 Chart Thread

LOL !! The friends in Asia had nothing for me tonight. It is past lunch or getting to the noon hour over there, and nothing happened - so cancel it! It happens. I love them two bar pins - with divergence at a PPZ - I'll take 'em everyday! And you ...

james16 Chart Thread

Because I don't have it in my bag... BTW - Nice having you here. I am enjoying your posts and charts!

james16 Chart Thread

Supreme noted: 1. notice a strong s/r area just beyond our pa if it exists. Man, That took over a year and half to sink into my head. I don't know why, it just did. Life got a lot easier once it did.

james16 Chart Thread

AJ 4hr — Double top. With Divergence. 2 - 4 hr bar's forming the PB. On the 79.0. Sorta the stuff we want to see? Sorta - yep.

james16 Chart Thread

I saw that. I think the analysis is extremely thin. The report is merely a rattling off of numbers reported in. So any extrapoloation is a guess. A loss of 25% in transaction volume still leaves a huge market. Prices don't move because there is some ...

james16 Chart Thread

Justin I work in a SW dev environment. What you have laid out is exactly how things work. Beta's must operate below a certain threshold of bugs for a period of time (often many months) and with out high severity bugs at all. To top it off, a new ...

MB Trading Futures - Introduction

Hi - Sure it is still up and very good. (Been there for a while now) I am a very cautious sort of guy, and I will suggest that you try out this public forum thread for a few months first. You can learn a ton right here and there are many people here ...

james16 Chart Thread

Have care with this - it is some sideways traffic. Just a word to the wise to keep an eye on it. I like the location - it is straddling the 1.9000, but not the right kind of MACD divergence...

james16 Chart Thread

Pretty sharp stuff Basber. From a chart perspective, there is a well formed and tested PPZ at 8550 as well. I have no idea what this bar may do, but I know a bad opportunity when I see one.

james16 Chart Thread

Perhaps the most realistic article I have read yet on this game. I wonder also where he got his data on institutional investors moving to the sidelines? Goldman's big numbers come in large part to Forex. Ah well. Those that can, do. Those that ...

james16 Chart Thread

Catching up - I always fancied a light in his hand...

james16 Chart Thread

That is why I stick to Chicken Wings, Doritos and beer. No confusion here, just straight up goodness.

james16 Chart Thread