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benji533 replied Aug 30, 2009Hey Josh, thanks for the comment
Well, personally I less like the concept of DBLHC and DBHLC because it is bassically telling you that price failed to break one side, which is a sign of weakness, but on the other hand it broke to the other side. ...james16 Chart Thread
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benji533 replied Aug 30, 2009Price action and omentum — Hey folks, Just discovered another very interesting fact during my back testing of price action setups. I have found that most of the failed PA bars haven't triggered by the next bar. I mean, if I have a pin bar, and ...
james16 Chart Thread
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benji533 replied Aug 29, 2009Hey jeff, thanks for your comment man. Personally I am not a big fib fan, but I will look for more major points and see if I can get the 50% lines up with my needs. Thanks buddy. Ohh and by the way, offense can't be taken here in this thread
...james16 Chart Thread
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benji533 replied Aug 29, 2009Tell yea the real truth...you will find me wandering around outside during most of the lessons I hate….history, literature, etc...I'm a bit (a bit…sure) hyperactive, so I do drive my teachers crazy lol. But I do have good marks for classes I am ok ...
james16 Chart Thread
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benji533 replied Aug 29, 2009Check this out Jarroo (: — You like my analysis eh? Ok check this out. I will share something I am working on. IMO anyone can trade pin bars and outside bars on their break without a problem. Like I have said earlier, I also like this business ...
james16 Chart Thread
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benji533 replied Aug 28, 2009LOL Here in Israel we have 2 months of vacation between grades, July and August (summer). At the middle of next week we go back to school...for the last year - and then to the army for three years
Till then my plan is to save money for a nice ...james16 Chart Thread
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benji533 replied Aug 28, 2009Thank you Aron
I'm glad you like the post. It is really simple. Thanks to Mike
Benjames16 Chart Thread
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benji533 replied Aug 28, 2009That is a demo account
I am not in a rush...that's for sure
Benjames16 Chart Thread
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benji533 replied Aug 28, 2009LOL, I have something like 50-60 forex pairs on my FXpro account. I know maybe the meaning of 10 pairs. Not to talk about stock...I just found ton of stock charts their....what the hell is the meaning of McDonald's chart?! lol Buying and selling ...
james16 Chart Thread
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benji533 replied Aug 28, 2009A few more examples — Here are a few more charts. Some of them are still building themselves like the GBPJPY and EURUSD for example...but it has the shape.
james16 Chart Thread
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benji533 replied Aug 28, 2009Breakout patterns... — ok I have received several PMs yesterday with questions about how do I draw my breakout patterns...after I posted the breakout patterns of the EURGBP and GBPJPY. I thought maybe I'll just post here a few charts from my ...
james16 Chart Thread
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benji533 replied Aug 28, 2009LOL That is right. We can see different things, trade different and use different tools, but as long as we have a reason and theory behind every rule in our own method, using PA to confirm it - I believe it is possible to be profitable over time in ...
james16 Chart Thread
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benji533 replied Aug 28, 2009Hey bro. I understand your thought process. But I personally see things a bit different. If I trade the 1H, I do not even go back to see the 4H, sure not the weekly. That weekly bar on the weekly fib, is a whole trend on the 1H chart, so it is not ...
james16 Chart Thread
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benji533 replied Aug 28, 2009LOL not lurking just thinking about a post I need to make. Trading the 1H eh?
Based on what have you entered short? I was more in the direction of a breakout long here...but things didn't line up as I wanted. You will see what I mean latter when ...james16 Chart Thread
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benji533 replied Aug 28, 2009I was short on this one from last week. It got me out now at BE
Anyway, it's now another pair I do not like. It chops like crazy! AUDNZD, GBPNZD, AUDCAD are crazy choppers...better for range trades (box consolidation trades) IMO. Benjames16 Chart Thread
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benji533 replied Aug 27, 2009Thanks fxvision. Usually when I take intraday trades I set targets and not plan to hold trades...unless they really have a good potential for a long run. But that dosen't mean I manage them all the way to the target
By the way, I didn't find any ...james16 Chart Thread
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benji533 replied Aug 27, 2009Hi SP, I was thinking about it....I think horizontal breakout have more potential of a longer term move. Breakouts work because of the orderflow that is build around these areas, but maybe it also works so good becuse basically after the break, ...
james16 Chart Thread
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benji533 replied Aug 27, 2009I am a bit less concerned about traffic in these kind of trades as a result of my back-testing...but sill needed to be managed tightly. Still demoing them..but cool to see they work (fell like a rock after the trouble area). Ben PS - what is this ...
james16 Chart Thread
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benji533 replied Aug 27, 2009Just closed this trade...eventually. I am posting it as an example of how I do use PPZs. By the way, it isn't the perfect breakout pattern at all...must be managed tight if at all. On the bottom line, all I do is being extra picky on lower time ...
james16 Chart Thread