A failed trade of mine — The rule CW highlighted a few pages back about giving your trades time and being patient would be paying off for me in this stock trade, if I'd followed it. I am very skittish going long any equity right now. Got into ...

Silent Service Method

Looking at the the AJ and NJ, both look nice and are at PPZ. If you are looking to short AJ or NJ, then some would want the one that is weakest, rather than take both. Under these circumstances, based on what I've learned here, you can look at the ...

james16 Chart Thread

NZD$$ — I got in on this due to the PA in the blue box. I don't know if it has a name but I liked the way the 2nd bar closed very near its low, and below the prior bar. I played it like a BEOB. I like the way the daily closed too. Kind of a ...

james16 Chart Thread

Yes, bearish PB on weekly and bullish PB on 4h. Would it not be best to either not trade it, or trade only the break of the daily PB, since this would also mean the 4hr PB has just been invalidated?

james16 Chart Thread

Yes, thanks. All is well for now. Winters here are more mild than where I am from, but they seem to hold on a bit longer, as evidenced by the dumping we took yesterday. Authorities here are absolutely gawd awful at clearing streets and roads of snow. ...

james16 Chart Thread

Cable also has a BEOB on the 4hr at PPZ. Resistance below at 1.4400 it must clear.

james16 Chart Thread

I agree with Ghous. I looked at that setup that went against you and said "ouch." It looked good to me too but just went against you. Oh well..... At least you traded a nice setup. I lost 8% last week, in part by trading a marginal setup. ...

james16 Chart Thread

I hear you loud and clear, Pak, and think what you are doing is a great idea. I look at the charts and see so many setups that were validated (i.e., entry triggered), then retraced against, and then work out fabulously, and an aggressive entry on ...

james16 Chart Thread

I agree, some charts do look like guesses. I have probably been guilty of this myself. But on the other hand, this thread is a learning resource, and good way to learn is by throwing up a chart and presenting your thoughts on where you think price ...

james16 Chart Thread

I am bullish this pair long term, but the immediate PA on the 4hr seems bearish to me. I think i might wait for a break of that BUOB on the weekly. You have an aggressive entry there. Hope it pays off for you.

james16 Chart Thread

Going long in equities — CW, As far as stocks go right now, with the market the way it is, do you restrict your trading to the short side, or do you go long as well if the set up is there? In other words, what effect do the trend of the DJI, ...

Silent Service Method

I was looking at USD and EUR ETFs that were spit out by my stock filter. The EUR ETF shorts the euro, and is oversold and at PPZ. The USD bull etf is also oversold and at PPZ. So they seem to agree that the EURUSD is due to head down, at least short ...

james16 Chart Thread

I agree. My stock filter has been spitting out every short ETF there is for the last couple days, e.g., small cap, big cap, fincancials, construction, energy, etc., and they all look like good candidates to buy, meaning the overall market looks like ...

Silent Service Method

CW, Re the gap, is the reason it could cause an issue is because it might close, and then drop? I am not trading this, but if I were I would not enter long in the gap. I'd have placed my entry inside the day before the gap. What specifically would ...

Silent Service Method

I was just thinking about this last night and concluded that there is no reason not to simply keep trading demo... and trading demo... and trading demo until the kitty is built up enough to allow gains to be worthwhile when one does go live. Trying ...

Silent Service Method

Oil Triple Bear — I am looking at this triple bear energy etf ERY. I rode this for some nice gains back in early January for my most profitable trade ever. I did not like it due to its tremendous volatility, like riding a bucking bronco I can ...

Silent Service Method

g/j 4hr — I was just looking at this chart and saw these, as well as the smaller bearish pin bar above, which seems insignificant to me vs. the bullish pins, none of which have failed. Then cam to post and its all over the board. Am I seeing ...

james16 Chart Thread

e/g daily I4B — What do others think about this I4B on the E/G daily? I am looking to short it 15 pips under the inside bar. First trouble spot I see is around .9318, then .9123. T/P at .9155. Thoughts? Had a bad week thus far. Three losers, ...

james16 Chart Thread

Oh no. Here is where its at.

james16 Chart Thread

Might I suggest adding some roughage to your diet. Musilix might be a nice supplement too. Celery stalks anyone? Does wonders for the gastrointestinal tract. BTW, which pair is "fiber" and why is it called that?

james16 Chart Thread