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benji533 replied Aug 5, 2009Does anyone know where can I download a software which enables me to draw short lines and arrows on my charts (like in the paint software coming with windows)? Sometimes I just want to pull a short line or arrow on my chart but I can't. I refer to ...
james16 Chart Thread
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benji533 replied Aug 5, 2009Hi bundy, Sometimes I am trying too hard getting into details and forget the basics...TRADING OFF PPZs, NOT INTO THEM
Thanks for reminding me that... I think it's because I didn't have even one trade almost during a whole week driving me ...james16 Chart Thread
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benji533 replied Aug 5, 2009You got me right Josh! That is exactly what I was referring to. Look at it...it's just perfect. The breakout occurs and then I know exactly where to exit - when the price reaches the edge of the box. That is a good way to trade these kind of ...
james16 Chart Thread
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benji533 replied Aug 5, 2009Hi Jduester, That is a great post! Thanks for your time. I completely agree about the fact they are more powerful played off PPZs. Thanks also for describing the idea behind them. That is true. I have noticed it as well. That is the reason I have ...
james16 Chart Thread
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benji533 replied Aug 5, 2009Thanks Bundy! Here is what I have learned so far about sideways market... First of all I will mark the major PPZs. Usually I will be able to highlight small boxes of micro sideways and PPZs between them. So I know where the price is heading if a ...
james16 Chart Thread
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benji533 replied Aug 5, 2009Thanks gasgas and advfntrader for the answers, I appreciate that. Does anyone know what is the J16 style of plying them? Both ways? Ben
james16 Chart Thread
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benji533 replied Aug 5, 2009Hey guys, A newbie question: How do I play inside bars? At the breakout of the inside bar itself, or at the breakout of the previous bar? Thanks, Ben
james16 Chart Thread
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benji533 replied Aug 3, 2009Hi KissFan, Thank you for the post. Basically I was off my computer for a while. When I was back I saw a bullish PB on my feed, so I have just canceled the pending order. It was also good cause I have placed my entry point lower enough so it didn't ...
james16 Chart Thread
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benji533 replied Aug 3, 2009Ohh you were planning to play that pin in the "aggressive" strategy....Got it now. Who needs that amount of money anyway
Benjames16 Chart Thread
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benji533 replied Aug 3, 2009I'm glad I'm getting positive feedbacks. I feel I'm starting to "get it"
This stuff is really simple if you compare it to all the messy charts of other traders who use other kind of "systems". So much lines....they can't even see how the bar ...james16 Chart Thread
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benji533 replied Aug 3, 2009I have lined it with that bar low in case it can make trouble? Thanks
Benjames16 Chart Thread
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benji533 replied Aug 3, 2009GBP\USD — ok so this will be my plan IF I'll enter this trade.....does it make sense?
james16 Chart Thread
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benji533 replied Aug 2, 2009Hey oltciter, On daily it is close to the 50% plus the 365ema. So on the higher time frame it looks good. Anyway, it can easily get caught in that heavy traffic IMO. Ben
james16 Chart Thread
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benji533 replied Aug 2, 2009LOL I guess your avatar is pretty much hypnotizing me
Next time...
Benjames16 Chart Thread
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benji533 replied Aug 2, 2009Hi Ghoust, I have everything in place now, thanks again. By the way, great post about the IPB...I have saved it in my favorites
Take care, Benjames16 Chart Thread
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benji533 replied Aug 2, 2009Ghoust, your opinion is indeed important. Learning from corrections of experienced traders is a great way to improve. Thanks. I just want to comment on your points. 1) You have pullet the fib lines from another location. In my chart is looks good. ...
james16 Chart Thread
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benji533 replied Aug 2, 2009CHF\JPY monthly chart — I am considering going long. There is a very nice pin bar bouncing off a confluence of 61.8 fib ret, 365ema, 150ema, and a major PPZ on the monthly chart. I have then zoomed into the weekly and there as well is a pin ...
james16 Chart Thread
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benji533 replied Aug 1, 2009Well, I have decided to leave it for now. I will think again on going long if I see the price breaking the 1.55 (the weekly pivot point). I prefer to be picky and have as much as possible high win rate (as the j16 advices). But it can be a good ...
james16 Chart Thread
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benji533 replied Aug 1, 2009Hey Jim, Thanks for the explanations..and yours too Ghous. "I like your style Ben" I am happy to hear that. The truth is that I have just saw the videos in the guest area plus read in this thread and made note of important points. This stuff is ...
james16 Chart Thread
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benji533 replied Aug 1, 2009Well...now we have a good reason to hope that will happen
Benjames16 Chart Thread