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frankm7 replied Apr 7, 2009Good Morning
— I was scrolling back on some of the charts and wanted to make sure I correctly identified these two PA set-ups! Is the difference between an outside bar and a double bar high/low the shadow? That is, on a DB the shadows ...james16 Chart Thread
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frankm7 replied Apr 6, 2009Mike, does it fail the be a PB because of its really tiny nose?
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frankm7 replied Apr 3, 2009There are private forums for this kind of talk... come on now.

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frankm7 replied Apr 2, 2009Chart Formation... Chart! — I wanted to contribute something. Attached you will find a chart with common formations and a brief description of typical ways of trading them (per babypips.com). If anyone would like me to remove/add anything to ...
james16 Chart Thread
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frankm7 replied Apr 1, 2009This really puts it in perspective and goes back to James idea of treating this as a business. Who would start a restaurant with 5k? I better keep saving my money and demoing... by the time I have enough capital I'll be ready
Thanks J and Bundy!james16 Chart Thread
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frankm7 replied Apr 1, 2009USDCAD Daily — This hasn't closed yet, but it looks promising (the 4H shows a bunch of mini pbs). However, this might not be an ideal PB for a few reasons: 1. it's in some traffic 2. the next ppz down is at the 38.2 fib (which happens to be ...
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frankm7 replied Mar 30, 2009GBPUSD Daily — This is my first J16 "chart analysis" so here goes!
Oh, and please correct me if i'm off. The pb (if it closes as such) sits over the 50 fib level which is also acting as a ppz. The only negative thing I see is that the next ...james16 Chart Thread
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frankm7 replied Mar 30, 2009Pairs? — Question, since i am looking for the best trades, how many pairs should I be looking at? Originally i started with the EU/USD but now I have all the major pairs up, and besides volatility, is there anything else I should be wary of ...
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frankm7 replied Mar 29, 2009Ohh I see, and this is regardless of whether the session has closed or not? If it breaks during the session, the pb is "valid" and can be traded?
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frankm7 replied Mar 29, 2009break of the pb? — I keep reading "break of the pb" and I'm not sure I completely understand what this means. Is it when the 3rd bar simple breaks the close of the pb, or is it when the 3rd bar breaks and closes above/below the close of the ...
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frankm7 replied Mar 27, 2009A little more... — I've only been demo trading for a little over 5 months. Unfortunately I've blown all those accounts. Thinking I would somehow trade differently I opened a real account and traded everything from the 5min to the 1 hour... ...
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frankm7 replied Mar 26, 2009Learning from mistakes — I saw this as a possible PB. The 38.2 was holding as resistance so I jumped in on the PB's close. However, I jumped in earlier and placed a second sell order when it retraced some. My S/L is in place and my T/P is at ...
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frankm7 replied Mar 25, 2009First Post — Greetings! This is my first post
I've been demo trading for about 3-4 months unsuccessfully. I found this thread and so far have been very impressed! I'm on page 132 and I intend to read through it all. Then, I'll join the PF ...james16 Chart Thread