Very nice

james16 Chart Thread

Broker backoffice operations. — Hi guys, This ended up in my inbox, so thought I would share. For anyone who liked DS's 'Structure of Forex Brokers', this should also be interesting. It talks about how the backoffice of a retail FX brokerage ...

james16 Chart Thread

I had a girlfriend from New York - an italian from Bensonhurst, Brooklyn. She told me that if her dad ever heard me pronounce it 'kneww yourk', they would find me floating in the Hudson Every new yorker I have ever met has pronounced it the same, ...

james16 Chart Thread

This is why Ryan is one of the seven people on the whole of FF that I have grabbed every post, read and reread, taken notes and saved. Last I checked, there were 25,000 active members. This is another reason

james16 Chart Thread

yeah, i wasnt going to go near that one - I think I confuse people enough without going into options, let alone single/double knockout/knockin plain/reverse/compound barrier options or the more widely traded exotics (mostly binaries) ... Hull is ...

james16 Chart Thread

I think it is more a case of them having orders at certain numbers already, which then form the PPZ rather than the other way around, but the end effect is the same. I'm also fascinated with the concept of 'space' - how do you tell how a market will ...

james16 Chart Thread

I completely agree with you. It is a forrest:trees situation that I think new people to almost everything get stuck in. I guess this goes back to this - not much of it matters at all...though it varies with your approach, pych and level of ...

james16 Chart Thread

haha. That's awesome.. "didnt you watch Jim's last video? everyone knew where price was going to. amatuer. go back to demo!' Although I cant decide if it is better in a Gordon Gecko voice or a little old lady voice

james16 Chart Thread

You name it, someone specialises in it. Fundamental (in either everything, specialising in a particular market, or a particular instrument/sector), tech/a, carry trade, arbitrage, classic value investing, dividend stripping, longterm economics, ...

james16 Chart Thread

Not really. Bank and institutional traders are there to put orders into the market for their clients and offload the bank's risk into the market (basically). They arent there to net pips. They get risk limits to trade within, so they can massage ...

james16 Chart Thread

Definitely on the same page here, although my reasoning is slightly different. I figure there is some momentum to it (judging by the size of the move), but just dont know how much or how far it can go...and there is a ton of roadblocks below. A nice ...

james16 Chart Thread

My thoughts exactly. I like having jaroo confluence *edit* bigass 2 day pinbar on EURCAD, sitting on a big ppz, up and back through whatever those EMAs are on my chart (I dont even know where they came from, lol) and heading into more trouble ...

james16 Chart Thread

The question is... now that it has hit my first 'where is price going', do I take some profits, or give it enough space for a shot at dropping through the floor? There's some bigass momentum behind it atm. image image *edit* wow, those PPZs are ...

james16 Chart Thread

*edit* now that I look at the real chart, and not GU...absolutely. Since I want to wait ten pips for a break, it isnt enough room to that PPZ for me to be comfortable. Sorry for the confusion. its late. and im retarded. (probably a good sign that ...

james16 Chart Thread

There is a 1 pip difference between the lows. Pretty sure I can let that one slide. *edit* completely posted the wrong chart. image

james16 Chart Thread

check. Well, assuming it breaks that high before I finish reading in the next twenty mins. image image

james16 Chart Thread

That is a damn nice trade. Textbook stuff.

james16 Chart Thread

Hey, no need to apologise. We are all here to learn. And we all get carried away in the details sometimes, trust me Everything you need to be a profitable trader is in this thread. Seriously. It's mindblowing how much valuable time and info Jim ...

james16 Chart Thread

Here's the thing: you are chasing shadows. 'Market inefficiency' isnt something you are spotting on your USDCHF chart. It isnt something you are going to read about on an internet forum. Why? Well, assuming you know basic finance theory - EMH, ...

james16 Chart Thread

That analogy works almost *too* well! Back when I was just starting out, I would have jumped at the chance to play this one - after all, it has a decent enough shape at first glance... but now, you couldn't pay me enough to waste my time on this ...

james16 Chart Thread