wow lol

WTF! Surprise UK Rate Hike!

hey habeeb was wondering if you held on, its at a retrace spot now to jump in but I can say this is one pair that i never do well with. I stopped trading it pretty much. It has been teasing a nice down move for awhile now!

james16 Chart Thread

yes i admit i have some sort of weird love for this pair edit* closed for -25 this thing looks like its gonna continue down i'll hop back on soon, cause when this thing runs its great!

james16 Chart Thread

just watch the 200 as support i have learned to becareful shorting anything with jpy(the carry trades pairs to clarify) in it lol. good luck! Mike

james16 Chart Thread

It is absolutly the hardest part, I watched my gbp go up and down today before finally taking out 55 pts and still have 1/4 of my position out there. Patience and Faith tape it to your monitor, i did awhile ago.

james16 Chart Thread

It's price action around these areas that is important, At the 50% retrace we had a tbh on the euro on the hour and a mini pin on the 15 min. Just playing a touch of the ret level is very aggressive. Find some price action around these levels and ...

james16 Chart Thread

As long as you follow the same system day in and day out, and you have proven you have the edge on the market, the rest is psychology. It can suck when its a tough day or week, but having faith in whatever system/method you use is what gets you ...

james16 Chart Thread

yes that is correct, but really really be careful playing inside bar on thes elower time frames. I don't play IB on anything less than daily charts. Best, Mike I took this postition also, but have held it through the news too bad the numbers came ...

james16 Chart Thread

This is a pin. It is a pin once we have the pin formation. To make it a true succesful pin it needs to be broken down such as the cable did today(although earlier because of the news at 7eastern). I am not sure if you are thinking about the right ...

james16 Chart Thread

There really is no answer to that. If the pins top is broken then i would say it is definitley no longer valid. For someone who may have entered on the retrace they are going to hold this position until it breaks one way or the other. Unless they ...

james16 Chart Thread

correct

james16 Chart Thread

yes i am 23 and i trade full time along with my other business where i work from home so i have a lot of flexibility to watch the charts all day until my eyes go nuts

james16 Chart Thread

I wasnt around to take the break, we had news at 7:01 that gave it the push for the break, i have a feeling this is gonna drift up over night(I will look to get enter short) and then crash through with tomms news. If it breaks that tbl on the daily ...

james16 Chart Thread

hmmm lemme think...

james16 Chart Thread

lucky australians

james16 Chart Thread

sums up my feelings

FX Solutions (FXSol)

thanks seeking it was a very small position that i closed out upon the close of the 4 hour bar. I am not gonna try to get fancy :

james16 Chart Thread

Looks great, I had taken a small postion on the bounce of 119.50(weekly r1). I may add to it if i get a break of the 8hr pin which is what my data feed shows. We have some pretty heavy resistance going back to september here. Mike

james16 Chart Thread

hey wesite, Could be a good time to get in short under 1.6125 I am gonna wait for a break of the weekly pin if anything. I am always careful with some of these cross pairs, they just do weird things :

james16 Chart Thread

looks like an 8 hour pin forming on mine. Could be a nice one though! Best, Mike

james16 Chart Thread