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moneybags replied Jan 27, 2009Don't worry, I havent forgot you bud. Emails will be coming.
Yeah the PA around 90.00 wasn't great. I was hoping for a 1H pin or something. (new guys, ignore that timeframe reference
) Baby is doing very well MB. Thanks. PS: For people who want ...james16 Chart Thread
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moneybags replied Jan 27, 2009Don't feel too bad. Keep at it cuz believe me it's worth it. Keep practising and checking into this thread. Also, you could post some of the setups you're playing to get some more opinions. But you're right, this isn't something you can master in a ...
james16 Chart Thread
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moneybags replied Jan 27, 2009Not sure if you played this one Mike, but your prediction was right on. Went to 90 and got smacked down. There must have been some decent orders sitting at 90.00. Let's see what happens next. Tom
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moneybags replied Jan 26, 2009I'll agree with Taxhaven. This one is in a traffic area imo. I also see 58.00ish as support nearby. Tom
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moneybags replied Nov 7, 2008AHA! I knew you would admit it at some point.
Seriously though, Ryan do you see a relation between the success of the trade and the song that is playing?
Tomjames16 Chart Thread
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moneybags replied Nov 5, 2008I'm one page too late, but still would like to congratulate everyone who has turned this thread into what it is.
Good work Jim! I'm sure you never expected this kind of growth.
All the best folks! Tomjames16 Chart Thread
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moneybags replied Oct 28, 2008
Probably. Just like I someone else asked that about the Yen in summer of 07 and the Canadian $ in 2002.Does the Euro have a future?
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moneybags replied Oct 24, 2008I'm sure plenty of people jumped in on some of these pins as they were tempting. The problem is that the market is a little crazy right now, and the trend we're in is beyond strong. The other thing is that some of the pins didn't have good size. The ...
james16 Chart Thread
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moneybags replied Oct 24, 2008I warmed up my chocolate croissant in the microwave a little too much and that kinda burned my fingers.
As far as trading goes, I played it safe. But there was no way I was shorting the USD or Yen today. (or anytime recently for that matter) Lets ...How many have burned their fingers today ?
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moneybags replied Oct 22, 2008HAHA! lol You make an excellent point and I share your sentiments.
Bailout is doomed!
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moneybags replied Oct 22, 2008Also checking in from Toronto. Luckily indoors so I'm not freezing my nuts off.
Enjoying this nice trend. People would have to be crazy to go long EUR or GBP. You could've gone short at any point with any of those pairs and made money. The trend ...james16 Chart Thread
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moneybags replied Oct 16, 2008Good explanation by Mike. (as always) I've seen some "interesting" things regarding spreads these days, so nothing really surprises me. The other thing to note, that Mike already mentioned, is that when you place a market order you really don't know ...
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moneybags replied Oct 15, 2008That's a funky looking chart. Looks like a video game from 1986.

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moneybags replied Oct 9, 2008Hey, That is a pin bar as far as the formation goes. It's just the location isn't great. It's good in the sense that it's going with a strong trend, but you want pin bars to stick out and away from bars to the left. This one is in what most call ...
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moneybags replied Oct 8, 2008Ryan, this is a good example of why you are where you are (as far as trading success goes). You know when to push the issue, and when to step away and stay safe. Tom
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moneybags replied Oct 8, 2008Right on Mike.
That is so true. As they say, timing is everything. You just have to be able to recognize the conditions and know your trading philosophy well enough to make that judgement call. Tomjames16 Chart Thread
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moneybags replied Aug 8, 2008Although those charts look nice, the tornado pic was cool too, Mike.
Better watch out though.... And I'd like to second (or third or whatever) all the accolades for Mike. Simply put, he's f*ckin awesome. As a trader and as a person.
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moneybags replied Aug 2, 2008This pair has been going sideways the last 4 months. There's still indecision. This monthly bar is not that great of a pin, IMO. The open and close are too far apart. And aside from the actual formation, it's not really sticking out much from price ...
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moneybags replied Jul 29, 2008I was thinking more along the lines of 1 part flour, 2 parts water, 1 part oil.... oops. That's my recipe for sponge cake.
But I would through in psychology to that mix too. Tomjames16 Chart Thread
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moneybags replied Jul 27, 2008NU/US Pin — The other thing to really consider for this pin bar, is the bar before it. I often look at the previous bar to maybe give me more information. The bar before the pin is a huge BEB. Being that we're in a downtrend that's usually not ...
james16 Chart Thread