Well.....yes......but let me put it this way: A trend line on the weekly chart is great at defining a trend. Horizontal lines are trend lines as well...... So yes, they matter......on higher time frames. Chris

Silent Service Method

Forex Trader? video The lesson is that it's not a gain until you lock in profits.

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Thought I would post this lin to something I wrote a long time ago. I had forgotten all about this until I ran across it last night.... url

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I agree that it helps....but as long as you never make it a sole reason, you'll be okay. It's a form of confluence.

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Please do. Trust me, it will make a huge difference.

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I have said this before, and will always believe this: If you have more instruments to trade, you are more likely to take better set ups. One of the best things I ever did for my forex trading was to start trading stocks and options. It gave me so ...

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This is why the coming move (in general) should be violent and sharp - the way I like them.

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This is a perfect example of a chart that you want to "sit back and wait". Trading is not a race to see who gets there first, it's about being correct in your decisions for more than your mistakes. Let the market show you where it's going.....then ...

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It's what Jim calls a S/R area.

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Being President sounds like a lot of work. Congrats on getting you money back though!

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Exactly. I use it as confluence more than anything else..... USD/JPY - S&P500 EUR/JPY - Stocks worldwide USD/NOK, USD/CAD - Oil AUD/USD - Gold CW

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I like the fact we are (beta), VHS is never gonna catch on! Please tell me most of you are old enough to know what I am talking about....

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Within 2 weeks I think.

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Since I am now a member again.....I guess it's cool to post. This post is a perfect example: Technical Analysis, and Price Action is simply a measurement of crowd psychology. A chart simply shows fear and greed. That's all. Doesn't have to be ...

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Well....I can post now....still waiting to see what happens to the thread. Chris

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You are going to be amazed that 95% of the people answering are going to say "Yes". lol

Do you make a profit up to now?

I believe that if you have an Institutional account you can short much easier. I know that I don't have an issues shorting in Europe.....but for some reason Asia is bad for it. I also know that some HK stocks have minimums you can trade.....some are ...

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991.HK — I like the chart for one of two things: If it breaks short, and clears that little gap.....it is a clear short with clear areas. If it breaks higher, and retraces.....I would like it as a breakout play. However, if you are an ...

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This is a small trade I took to test a "zone".....

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Someone didn't like the fact that I wasn't going to be awake around the clock for free....this kind of thing happens. However, if you look at James16's thread, it was only 4 pages before a service was mentioned, and I didn't really do it here. My ...

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