From a fundamental point of view... kinda - AJ is traded by itself too, and not in light volumes (carry trade is massive). But then you have arbitrage flows keeping it from moving our of step with the UJ and AU and bleh. But yeah, you could ...

james16 Chart Thread

Jigsaw, that was an awesome post, and your Renko charts are cool as hell - they make the market look like some kind of badass 1980s video game! yes, yes there are. And as long as you know they are there, you are ahead of the game

james16 Chart Thread

Correlations lite. — I'm hungover and tired, so this is going to be brief... for now It's good that you brought this up. Correlation is a funny thing. And it confuses some people, and it really needn't do so - there are generally only two ...

james16 Chart Thread

lol, complete opposite actually! your charts are clean, and clearly explain your thought process, entry, potential roadblocks and exit strategy in a logical manner. Despite what you seem to think, people could do alot worse than emulate your style ...

james16 Chart Thread

%R, again. — I suggest that anyone trading 8%, 15% or 50% of their account has another look at these graphs from p 2763: image image These arent made up numbers. These are based on a 75% win rate and a fairly optimistic return structuring ...

james16 Chart Thread

rubbish bars in rubbish places. — (this isnt aimed at anyone specific - quoting SC because he gets it and put it so well) Over the last week or three, I've seen alot of C, D, E and straight F trades posted. I get that the markets are in a bit ...

james16 Chart Thread

Like you said, weak, small ranging BUOB that *barely* engulfs the previous bar, against the main trend and right into a PPZ on a choppyass pair made up of two choppyass currencies? That's not even a D- in my book. But I *know* there is a Dirty Harry ...

james16 Chart Thread

(Mike pretty much said everything I was going to, but anyways...) I really only move my stop if something completely out of the ordinary is happening. A retrace is normal, we all see them and I am comfortable with that. But when it retraces through ...

james16 Chart Thread

To be honest, that is a really tricky one. First, I'd want to check for any news that might have sent it that way. Check other pairs with the two currencies to see how they are reacting. If there is something big that has changed since I placed the ...

james16 Chart Thread

Some people say that the setup is fine, as long as it hasnt been invalidated (like price going past the nose of the pin, for instance). Other people (Mike falls into this camp, I believe) kill the trade if the next bar doesnt trigger it. I am in the ...

james16 Chart Thread

love The Arms. Had my (future) sister-in-laws wedding up at Jonah's on Whale Beach earlier this year. Beautiful spot to live, one of the absolute best in Sydney...if you happen to have $2m for a rundown shack. Jesus Christ. They say Aussies are ...

james16 Chart Thread

Bondi Beach is 98% English backpackers, and they dont even know what an ocean is, let alone that there are animals in it that can kill you

james16 Chart Thread

I used to think that - then there was a shark warning off our beach one day last summer. Oh, and some kind of stinging jellyfish invaded too, and you couldnt go in the water for a week. ...and it isnt exactly what you would call 'far north', lol. ...

james16 Chart Thread

[quote=Janegra;3009829] Ninjatrader + Zen Fire demo account. Free, but limited historical data on some contracts (not sure why). Platform is very good, but definitely has its issues (like constructing continuous contract, ugh - god I want ...

james16 Chart Thread

Nice! I missed the 4H entry (stupid needing to sleep), but will probably take the daily bar if it closes as a pin. image also, exited out of the AUDUSD last night at the pink PPZ. When price broke the top of the zone, moved my stop to the top of ...

james16 Chart Thread

hey now, I'm not a Sir.. yet. one day, maybe Since watching Jim's YM video (also, the best training video I've ever watched), I've been playing with TRIX. It makes alot of sense to me, looks promising so far.. just need more time to test ...

james16 Chart Thread

Exactly! So why dont people read it?! I have to work like a hundred hours to build up a decent size trading account. Pretty sure I can spare a couple of hours to learn wtf I am doing and not lose all my money. That's why people here will ...

james16 Chart Thread

Basically, yeah. Resistance becomes support. And because it is with the trend, there are going to naturally be more buyers than sellers. Absolutely right. The quick version is that this happens because there were a bunch of sellers, they all sold ...

james16 Chart Thread

nah, you are all good Ben. You have an inquisitive, analytical mind and you seem to pick up things ridiculously quickly and - more importantly - the concepts behind them. How many chart monkeys trading MA cross EAs understand what the lines on their ...

james16 Chart Thread

Divergence. — This is alot longer than I planned. So, here is the short version. Behold, the power of the sports analogy: I kick a football at a window. It doesnt break, and comes back to me. Next, I kick it at the window again, but from a bit ...

james16 Chart Thread