i am out of this trade at ~29.85 usd now. entry was somewhere near ~28.30 usd.

james16 Chart Thread

1. yes. just check their website. 2. no problem with that AFTER some practice. but please note that i am not here to promote IB. so to everyone interested, pls check the website of IB.

james16 Chart Thread

weekly chart of fico. good looking buob in continuation weith the main trend and as a breakout of the high into fresh ground.

james16 Chart Thread

yes, definately an interesting setup. url i don't know if IB (interactive brokers) has a minimum account-size. their commissions are very low: 0.005 usd/share for us-stocks (minimum 1 usd per trade). at least they don't have a minimum ...

james16 Chart Thread

broke through...

james16 Chart Thread

weekly bearish pinbar on dk. stock was in a sideways market for about 3 years. the breakout above the high of april 2009 resulted in this pinbar. very weak close on friday. risk 1.50 usd, profit target 5 usd, so good r:r. the large bar closing in ...

james16 Chart Thread

ctl on weekly. nice buob engulfing the last three weeks. good support with 23.6% fib, rn 40 usd, resistance turns into support ...

james16 Chart Thread

guys, one system is as good as another. you need practice. you need time to find your way. you need to "feel" your system. when you think you need to get spoonfed, you will loose. as big mike tried to say: it's all about psychology. there are ...

My own developed benkyalate system

oh, this company has something to do with oil. didn't saw that.

james16 Chart Thread

cog on weekly. price broke through the resistance at about 46.50 usd. weekly close was not very strong. friday was a downbar (open vs close). therefore i would wait for a retrace of about 2 usd and enter long there. next target will be rn 50 usd and ...

james16 Chart Thread

ammd on weekly. price formed a shs-pattern before. this never got triggered. now it made a pinbar. i would a long-entry above ~21.15 usd. with a stop below the low the ppz (< 20.00 usd). first trouble is the recent high at 22.50 usd. later the ...

james16 Chart Thread

update. found support at this level.

ICCE. Bemac's Fib. Reverse Engineered

here is the according chart. nice to see how support is turning into resistance. (and back into support?)

james16 Chart Thread

my stop is now at 28.45 usd. 28.50 seems like a good support area. and yes it gets rough before the 30 usd. i will watch price action before this level. if it approaches the 30 with power aka good volume, i will stay in for a break out.

james16 Chart Thread

well, yes, to be honest my trade management is still to discretionary. here is what i do normally: i am looking for entry, sl and tp. then i am calculating the amount to invest. i never risk more than 1% of my account. if the trade is developing ...

james16 Chart Thread

this one was posted by 4fxsake on 08.03.11. the low and therefore the sl never got triggered. today it is up more than 3%. i took 1/2 profit at 29.04 usd. thanks again to 4fxksake.

james16 Chart Thread

like this?

james16 Chart Thread

yes, definately. but you see that it goes directly into a traffic zone (look left). additionally trading under this circumstances is not trading imho. it is gambling. i respect the scalpers, but nothing for me right now.

james16 Chart Thread

you can find it here: url

Auction Market Theory and Market Profile

well, for me personally i would be very carefull with every trade now. we got these crazy moves yesterday evening and night. trade with good risk management and be prepared for everything. (ok you should do this always ).

ICCE. Bemac's Fib. Reverse Engineered