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supremeChaos replied Apr 20, 2011hello HankT, if u are gonna trade a single instrument/currency pair, risk 2-3% on the total position (all contracts combined) this is just a general 'rule', which u may or may not follow. for new traders, i suggest demo/trade a small live account ...
james16 Chart Thread
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supremeChaos replied Apr 19, 2011havent checked many pairs, but.. i think eur, aud, gbp upmove have lifted chf crosses nice trade Os! i see 1.2800 didnt matter much

james16 Chart Thread
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supremeChaos replied Apr 19, 2011sorry to hear that Vic. yes, we lose loved ones along the way.. yes, that's life.. btw, thanks for the video link above
Technical Analysis Fallacy
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supremeChaos replied Apr 19, 2011interesting...it may reach that FTA but the BUOB itself is small. 1.2800 is just a few pips away, so that area is the possible FTA.
james16 Chart Thread
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supremeChaos replied Apr 19, 2011are u referring to $jpy (or jpy crosses)? ooops, please dont say that. to be honest with you, i find myself checking this thread regularly recently (im not a TAF lurker until recently).. mainly for your regular health improvement updates, so please ...
Technical Analysis Fallacy
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supremeChaos replied Apr 19, 2011continued rest would be highly appropriate

Technical Analysis Fallacy
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supremeChaos replied Apr 19, 2011hello Pat, yeah, only the last candle is different. maybe the time the image was captured is the only difference. he primarily used a bar chart, while u used a candle chart.
james16 Chart Thread
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supremeChaos replied Apr 19, 2011hello ts63, which broker is this? so your entry was on the IPB close, around 1.0559? cool!


james16 Chart Thread
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supremeChaos replied Apr 18, 2011before i go to sleep
well, yeah, it's quite a vague question. we had an almost-250 pip day today, which is huge. so there is a chance price will close as an IB 'tomorrow'. we'll probably be seeing an IB (or small) daily candle, & perhaps a bearish ...james16 Chart Thread
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supremeChaos replied Apr 18, 2011hello Vito, not sure what u mean, but your boxes were great, mate. it was amazing to see the development of PA along the way.
1.4250 area didnt hold as support, so that tells me the market has something else in mind (price broke through ...james16 Chart Thread
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supremeChaos replied Apr 18, 2011hello Morph, not sure if u got a reply yet.. but, that was spot on!

welcome & keep posting Sir!james16 Chart Thread
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supremeChaos replied Apr 18, 2011yes it all helps!.. keep posting Sir! Sir Tom conducted free [Sunday] webinars (i think 2 so far,). if u are talking about that... kindly send your email to the_wizard. he'll send in the details. no problem Sir Jonas, im neither!
hahah seriously, ...james16 Chart Thread
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supremeChaos replied Apr 18, 2011of course, it was planned: tank eur$ down like crazy, then hike it back up. isnt it only Monday?


james16 Chart Thread
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supremeChaos replied Apr 18, 2011i think u mean the US news, a few minutes ago: S&P affirms the ratings to US ; outlook revised to negative indeed it was... about 80pip move on eur$, in less than 10minutes that move literally woke my sleepy eyes up

james16 Chart Thread
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supremeChaos replied Apr 18, 2011hello LoneRanger, can u show us your daily box, please? i didnt see any J16 Daily setup on eur$. as usual... u ideally want a bearish setup at the swing high (or within your daily box), so BEOB or PB, etc... with confluences (BRN etc) BUT, just a ...
james16 Chart Thread
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supremeChaos replied Apr 18, 2011hahah, no. i do self-censorship.
just trying to reduce the lag as internet here is crap/relatively slow/average in speed. ok, that inevitably would tempt u to overtrade.
try your (our
) best to avoid that.
james16 Chart Thread
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supremeChaos replied Apr 18, 2011hello Sgrb1, u got a nice reply from Sir Jim given the trading circumstance u work with, why do u check the charts every 20 minutes? if u like & have the luxury to watch the charts a lot every day, then u might wanna try spending it on practice ...
james16 Chart Thread
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supremeChaos replied Apr 18, 2011cool, thanks Jim. well, im quite sure that happens in many countries... only the magnitude is much much greater in China. mess? are u kidding? u just moved there
nice to see lots of space
i see it. probably u got a Flash blocker. (i got one.. it ...james16 Chart Thread