It's hard to keep track of them all; that's why smartphones were invented.

james16 Chart Thread

Yours looks alot more realistic; but what we see, Hip sees and some guy at GS sees are all different. You illustrated perfectly the entire problem with things like flags, pennants, cups and doublebannanareversebattleships - they are really, really ...

james16 Chart Thread

You sucessfully predicted seven of the last two retracements. image Unless, of course, we use post hoc charts so you can clearly identify which bars are turning points and eliminate all the false signals. In which case, I would argue that a ...

james16 Chart Thread

Yup. image

james16 Chart Thread

Those sure are some pretty squiggles.

james16 Chart Thread

I got my Ali gloves from HA. Good people to deal with. Location isnt a 'small detail'. It is 90% of the picture. If picking a pin bar and pressing the go button was all that mattered, this thread would be like three pages long. If you want to ...

james16 Chart Thread

in my very humble opinion, if you give $50k to someone who guarantees 20% annual returns, you probably deserve what you get. People should probably wait until an actual judgement before attempting to form an opinion on things like these, theGuru.

james16 Chart Thread

I'd skip the fibs - they are just noise, and add too many meaningless lines to your chart. Aside from that, looks perfect to me - direction, location, setup. Excellent reasoning. Basing your stops on market action, rather than arbitary ...

james16 Chart Thread

no rules, friend - just different interpretations

james16 Chart Thread

strong weakness? I see a bullish bar, a failed pin and an upwards movement.

james16 Chart Thread

That's a neutral bar. As is the one on cable.

james16 Chart Thread

Nice support area for JBH.ax, will watch the open on Monday and see whether it can hold above 1720. An opening gap would be even nicer. image Ditto on WOW. image And, for my hottest Friday night tip: image

james16 Chart Thread

Not necessarily - if you are offering a thousand contracts at 100.00, and I am a brokeass and can only buy one, then I wont be moving the market with my trade. But if I were to buy 1001 units, then to complete my order price would have to move to ...

james16 Chart Thread

Sorry, for some reason my reply managed to lose a few paras A tick chart just represents price movement in terms of trades, rather than time. So on a 2000 tick chart, each bar represents the OHLC of each 2000 trades that happened, ...

james16 Chart Thread

A 2000 tick chart is... a 2000 tick chart In the YM, its generally somewhere between 5 and 15 minutes. In ES, it's more like 40 seconds to a minute. (both will vary wildly, depending on time of day/week/month/year/etc) Pretty sure the big guy ...

james16 Chart Thread

You need to define a risk before you can examine the reward ratio. Assuming you keep it the same as your TP, you end up with a 1:1 risk to reward, with a 50% probability of either outcome (given the random entry). Which gives you a $0 EV with a zero ...

james16 Chart Thread

The problem is that your trade wil go into drawdown more often than not, at which point you will be arbitarily closing your position for a loss. You have three basic outcomes: a) Trade takes off, never goes into drawdown. Your strategy adds no ...

james16 Chart Thread

Because, despite what the goldbugs like to ramble, gold is a nonproductive asset*. You dont get paid to hold it. Australian dollars, on the other hand, do earn interest. More than any developed country in the world, at the moment. Hence your ...

james16 Chart Thread

I'm writing a derivative to sell over your daily post count as we speak <actual content> Kinda. It has more to do with market structure and participants - but this incorporate seasonality, amongst other things. Traditionally, you had some ...

james16 Chart Thread