No problem. Personally I don't use MAs much. But popular EMAs around here are the 150 and 365. Those two can provide support/resistance at times. PPZ stands for Price Pivot Zone. It's basically an area that acts as both support and resistance (it's ...

james16 Chart Thread

No problem Krue. And although I'm not a newbie, I'm definitely not a pro. But if you stick around this thread or even join the james16 website, you'll learn tons of things from real pros. Like you said, it really takes time and experience. take ...

james16 Chart Thread

Going back to some of your other questions Krue, the PB can be a counter-trend setup. But not always. It's actually best to play with the trend. I think the reason why it may seem like it's a counter-trend setup, is because it's best played at ...

james16 Chart Thread

Don't worry Krue, Mike likes beer and jugs.

james16 Chart Thread

And for the 4H pin bar trade, I cant say there's anything wrong with it. 4H Buy pin off the ascending trendline and the recent trend is up. But overall the pair is in a strong downtrend. We'll see how that plays out. The other thing that I see is a ...

james16 Chart Thread

Hi Krue, IMO, the best way to play breakouts is by waiting for price to retrace back to the breakout area in order to confirm the area will hold and it wasnt false. After the area is tested and price continues in the direction of the breakout you ...

james16 Chart Thread

wow, 10,000 posts! It really shows what a great thread this is and how amazing the information is. And the people are pretty good too... Congrats Jim! I can't say how much coming across this thread has done for me and my trading. ...

james16 Chart Thread

Yeah I dont think it really matters. It's personal preference. Some people within here do use candles. It's still the same information. Tom

james16 Chart Thread

This must be a demo only problem. I'm live with them and everything seems fine. Demo account feeds arent very reliable. Tom

IBFX - Is it just me?

EU — Up or down? Some kind of breakout will happen.

james16 Chart Thread

I consider myself simple minded and because of that I like to keep my trading simple. I'll outline my thoughts on how I prefer to trade this method. First of all, I think going with the trend is key but not always necessary. Discretion is needed ...

Peaks and Valleys (Trading Naked)

Hey Shayb, That's not really a pin bar. The open and close are too high and right in the middle of the bar. And price wasnt at a swing high/low. Worked out pretty well though. Tom

james16 Chart Thread

Hey guys, I might be wrong here, but I assumed that when you keep entering trades in the same direction, you also move your stops when new peaks/valleys form. That way your SL remains "normal" and you're adding to a winner while going with the ...

Peaks and Valleys (Trading Naked)

Now you have me confused too. I've never traded with Oanda so I'm probably not the best person to help, but if your risk is coming up as $20 instead of $200 then just increase your lot size by 10. Again, I dunno how Oanda works but maybe this ...

The illusive MM Thread

Well, from what I've understood so far I think you have most of it down, but are missing a couple of points. You have established the 2% risk which is the $20 (assuming the account balance is $1000). Next you need to figure out what your stop loss ...

The illusive MM Thread

I don't understand. That's the thread where Diallist talks about MM. There are other things in there as well, but all you need to know for MM is in there. Isn't that what you were looking for? (What I think happened, is that a few threads were ...

The illusive MM Thread

I think this is the thread you're looking for: url Posts 18-33 go through MM in detail. That should answer all your questions. If not, come back and we'll figure it out. Hope that helps, Tom

The illusive MM Thread

this is a first..... Anyway, if I understand correctly, you want to make a trade only to generate spread with no loss. If the broker allows it, then just open 2 opposite positions and then close them. Or just open and close a single ...

looking for a zero return trade!!!!

Zoopy is right. Not all brokers have all pairs (including GOLD, Silver, Dow etc) North Finance has pretty much everything.

"Show All" doesn't show all!

LOL You know it. She wasn't a big fan of charts on one screen, nudity on the other.

Show your workstation II