The most valuable of all talents is that of never using two words when one will do to think I used to have that quote stuck to my monitor, lol. Clearly never sunk in. I think we need to have some kind of sticky for divergence questions. I swear ...

james16 Chart Thread

As with most things, the answer is 'sort of'. Technically, 'divegence' is there - price is indeed diverging from the indicator at those two points. However, the reason we look at divergence is to give some kind of indication as to short term ...

james16 Chart Thread

hey now, I'm not *that* old It is manipulation of the money market, which is their job. Says it right there in the charter. They are supposed to manipulate market rates to smooth economic cycles. It isnt necessarily a bad thing, at all. The ...

james16 Chart Thread

Volume has decreased significantly from a year ago, but liquidity is fine. You arent trading a dry market. Look at the CME futures and options data, there is more than enough action in the currency markets during the US session. Thing just arent as ...

james16 Chart Thread

Just d/l MT4, a bunch of people here just run a couple of installs with different bar closes. I think SC runs 5, which is probably too much for my brain to concentrate on. As for timeframes, I like the daily and the 4H... but will play on the 1H ...

james16 Chart Thread

Unfortunately, there isnt any way to just shift time in the options. Probably because MT4 kinda sux, to be honest. There is a script that people use for combining bars that can also shift them. I think its called periodcon. Personally, it never ...

james16 Chart Thread

High frequency trading, when I have only had one coffee for the day and cant type an acronym properly url

james16 Chart Thread

Im just being difficult I completely agree with you - anyone who wants to move beyond the 'me see pointy bar - press butan!' stage and try to understand what is really happening should definitely watch some l2 price action sometime. It is a real ...

james16 Chart Thread

Pro seminar salesman, maybe

james16 Chart Thread

To be honest, this thread is pretty much the only one I read on here, although I visit one other from time to time. Most of the time when I have been bored and exploring, I have ended up kneedeep in scammers selling some stupid system, 14yo kids who ...

james16 Chart Thread

It seems daunting, but.. Its 3000 pages, with alot of filler (some of it my fault!). On average, it takes me about 2 mins to read a page - some might take ten mins, some might take 30 seconds... but it averages out to about 2 mins. 2m x 3000 = ...

james16 Chart Thread

People need to read this post again. Aaron is like an eloquent, condensed version of everything you need to get from this thread, and most of the pf too. In person form. Presumably.

james16 Chart Thread

This is probably the best known arbitrage situation out there, and is actively exploited by pretty much every big arb player in the business - that's why prices dont really get out of line for more than a few seconds... I think 14 seconds is about ...

james16 Chart Thread

This might look good in hindsight, but I wouldnt have passed on this one (as a pinbar, anyways). The pin is tiny compared to the preceeding bars, and barely protrudes from the previous bar (which is also a failed pin-esque bar). These will very ...

james16 Chart Thread

Sorry, I probably missed it - been snowed under with work, so I am about eight thousand pages behind everyone else. This thread moves too damn fast *searches* It's definitely feasible to construct your own artificial cross when the spreads ...

james16 Chart Thread

I use it in conjunction with double/triple tops and anytime I am looking at a reversal - not much more though. It lends a bit of weight to a situation where you expect a trend to reverse (pin at a swing high, for instance), but it is just a small ...

james16 Chart Thread

lol - CCW, Class III/IV weapons and the Castle Doctrine? Everybody knows that 'dont mess with texas' isnt just a slogan

james16 Chart Thread

It's a truly stupid person who tries to go after a texan on their own property JIm, you have really been one of the best teachers I have ever come across. As I am sure everyone else will echo, I cant thank you enough for opening my eyes. And they ...

james16 Chart Thread

I went to the trouble of calculating average ranges for each timeframe, and trying to determine a movement 'threshold' based on average volatility that would indicate a break, not just random noise... and it ended up being almost exactly what mike ...

james16 Chart Thread

Are you looking at the bid or the ask? I suspect that might be where your issue lies.

james16 Chart Thread