lol, im more of a hit-n-run artist than a lurker these days. Run off my feet of late and only get to check in and (attempt to) catch up rarely, unfortunately. Seems like y'all are doing just fine without me... though, if you could slow down the ...

james16 Chart Thread

Think your tinfoil hat needs adjusting there, Sir

james16 Chart Thread

That's a pretty random line you have drawn on your chart there. Leaving aside the fact that it doesnt really hit many bars in any kind of consistent way, or that price havent respected it... do we really think that line represents the trend of the ...

james16 Chart Thread

I would be pretty hesitant about drawing conclusions from 44 trades, especially when that conclusion is that 'I has good win:loss therefore raise % risk and make moneys!'. Any discussion of setting a risk percentage that doesnt also include a ...

james16 Chart Thread

yes they are, by definition.

james16 Chart Thread

If that's a good pinbar, then I am a good astronaut. And I'm not. I'm scared of heights, dont like planes and look terrible in silver or white jumpsuits (I assume). (big bar. big move. little pin. iffy ppz. no trade.)

james16 Chart Thread

Pretty much. Real money looking to build a position will be stacking it on everytime there is a pullback. They wont always be looking at the trendline per se, but the result is the same. Even if they see the trendline, they often wont care about it ...

james16 Chart Thread

(0.7)(1R) - (0.3)(2R) = 0.1R (0.7)(1R) - (0.3)(3R) = -0.2R If your 'win' rate is actually 70%, and your SL is really 3R, then you shouldnt be trading those setups. There are three things you can change here: a) take only trades with a higher win ...

james16 Chart Thread

I'll catch hell for it, but I disagree with pretty much everyone else here; small accounts trade differently to large ones. Sure, in theory they are the same. Your risk and EV will be the same regardless of account size when using a %R system. And ...

james16 Chart Thread

If price hit my target 90% of the time, I'd have more dollars than Scrooge McDuck and Warren Buffett combined.

james16 Chart Thread

I only have the 11.6" (I got sick of my old netbook and/or dropped it down the stairs), but its sharp enough that you could read charts on it all day if you wanted. One at a time, anyways As a windows person, im suprised how easy it is to use. ...

james16 Chart Thread

I just bought a shiny new mac air the other day, and installed a Bootcamp partition w/ win7. All my broker software (ie, Ninjatrader, MT4 and some poorly designed broker-specific software) flies with Parallels. You can either run it in a window, ...

james16 Chart Thread

I wasnt bashing people who use indicators, and I'm not sure how you drew that conclusion. I was specifically talking about Guppy, the GMMA and the Tron-esque charts that result. Also, his moustache. As someone who read Guppy's books, investigated ...

james16 Chart Thread

haha - if you cant make money trading, just call it 'modern art'

james16 Chart Thread

No, its just 'strategy' advice for their clients. All IBs/instos push out economic/trading/portfolio advice, usually daily, ostensibly as a service... however, those with a suspicious nature might also claim they do it to create some turnover (or ...

james16 Chart Thread

Based on your chart, I think your trade is fine. It was a bit too choppy for me, so I avoided it, but that's just me. In the end, you just got unlucky. You got taken out by Hildebrand's speech and the SNB, not a PPZ.

james16 Chart Thread

Not necessarily. Positive US news often means a weaker USD. It really depends on the current risk environment. In many cases, good US news can lead to money managers chasing yields, which means USD outflows. That's the thing about fundamentals, ...

james16 Chart Thread

Definitely. There is enough volume flowing between c/j (and the other couple you listed - the majorminors, I guess I would call them) that I still watch levels, same as the others you listed - while they are crosses, they are traded ones. Unlike ...

james16 Chart Thread

chfjpy is the kind of one where it gets interesting for me. There isnt a huge amount of two way movement there, but they both respond to much the same external forces. Which means the cross essentially hedges out that effect (in this case, the risk ...

james16 Chart Thread

haha. that was directed at the world at large, rather than at you. I'm yet to see the ultra rare (and generally presumed extinct) Jaroo birdcage in the wild.

james16 Chart Thread