Hi scooterboy, I also took that trade, but with risk flows slowly coming back into equities indexes and futures across the board, chances that my SL will be hit UPDATE: I just closed my trade... for a loss. Because I was so eager to trade according ...

james16 Chart Thread

Why strong correlation? Carry trade and risk appetite Basically currencies can be divided into two group, the beta aka 'risk-on' currencies and the 'safe haven' currencies. Risk currencies are countries where interest rates are set higher than the ...

Why such strong correlation of pairs?

I'm looking at this too, looks good to me, already entered limit order.

james16 Chart Thread

Hi normfx, You raised an interesting point here. Winning percentage doesn't mean anything. You can have a 60% winning rate but still loses money if your average profit is smaller than your average loss. Professional traders I know of, such as Peter ...

Why do 99% of the people who wants to be traders fail?

Sam, just curious. Are you trading on intra-day timeframe?

I still feel like a POS...

I see, thanks Mike

james16 Chart Thread

Hi guys, First question: The open and close of the pinbar must be within the total length of the previous bar or within the open and close of the previous bar? Second question: For DBHLC and DBLHC bars, what is the maximum allowable difference ...

james16 Chart Thread

Greetings all, I didn't see a pinbar from my chart but that is definitely a BEOB

james16 Chart Thread

Greetings all, Look like a potentially good, long pinbar in daily /monthly Silver/USD chart, I'm waiting for it to close above $30 tomorrow, which also happens to be on 61 fib retracement level Can this be A+ trade? Any comments will be much ...

james16 Chart Thread

Thanks guys Caesar

james16 Chart Thread

Hi Pinbar, Would you be most kind to post a screenshot of what a A+ BUOB/BEOB trade look like to give us newbies an base scenario to built on. Much obliged Caesar

james16 Chart Thread

Anyone notice the USDCAD daily chart look like a inverted Head and shoulder pattern?

james16 Chart Thread

Hi Mike, I see...thanks for your help, am currently looking through the older posts, will seek your help for examples if i'm stuck again...thanks!

james16 Chart Thread

Hi guys, Just like to know, for DBHLC and DBLHC, is it the closing price that is suppose to be level, or the wick? Thanks Caesar

james16 Chart Thread

Don't feed the troll my friend

What the ^&*%% just happened?

Read the news Franc Plunges Most Ever Versus Euro as SNB Acts to Limit Currency’s Gain EUR/CHF was around 1.12 to 1.13 when SNB declares 1.20 level the minimum price level and will defend it, so price shot up to above that level. I was there ...

What the ^&*%% just happened?

repeated post

What the ^&*%% just happened?

Hi Mike and Kenny, Thanks for pointing it out to me, learning every moment...

james16 Chart Thread

It was the Swiss National Bank which announces the 1.20 EUR/CHF floor, the bank stated they will defend this price at all cost, that's why risk currencies all shot up...EUR/CHF shot up more than 1000 pips within a few hours...even if you had a good ...

What the ^&*%% just happened?

image Look like a good potential pinbar to go short if it continues to look like this after closing

james16 Chart Thread