IMHO TL can be important, but much less than PPZ, as you can draw TL in many different ways, so it is difficult to guess what everybody will do. But in any case, if you are in a bar after the second point of a TL you can not say the preceding bar is ...

james16 Chart Thread

I did't say that: just said TL was not important here. Done!

james16 Chart Thread

Second touch of a TL means nothing for me, as it indeed starts the TL. I would watch 155 strong PPZ and FIB 61 rejection and confluence with HndS neckline.

james16 Chart Thread

I wouldn't be here if that was the case. Thanks .

Silent Service Method

Took you suggestion about BGG, with some shares... Today they rocketed 7% My SL is at BE now. As I am unable to draw clear S&R lines, I decided to set my TP below FIB 50%. Any different ideas? Thanks!

Silent Service Method

TP hit, 400 pips. First trade after I decided to forget about 4h TF. Check charts once a day, single lot entry and single lot exit. KISS Thanks CW: teaching not only a technique but a trading/living phylosophy.

Silent Service Method

eurnzd: SL moved to BE No risk, sleep well tonight.

Silent Service Method

eurnzd: considering short @2.2055 Like the close below 2.213 Move to BE @2.19 TP @2.1605 PS: euraud similar setup, but not that clear.

Silent Service Method

Hi! I just wanted to share this great comic. I always try to keep it in mind when trying to set TP too far. Not to mention it can be usefull for those thinking about making millions in one month with a 5k account. Also a picture about life and ...

Silent Service Method

Hi! Also starting with stocks...but a thought I can not take out of my mind. Do you consider the big picture? I mean, you identify a good long oportunity, like CME, but S&P is in a dangerous situation if it definitively confirms the S-H-S. CME might ...

Silent Service Method

You are wellcome. Just contact for any advise. (sunglasses not for beeing cool but for the sunlight)

james16 Chart Thread

Will retracement stop here? Can not draw any other confluence appart from TL, and FIB50. Don't see how to trade it, appart from going to lower TF or a blind entry, which I won't do.

Silent Service Method

Looks like some few here are using Linux. My main system is Debian based, with Virtualbox running XP: inside XP, the IB standalone pakage and Ninjatrader. So no fear of viruses, as I only trade with that Virtual Machine (no internet browsing, no ...

Silent Service Method

2nd and last lose today: took 4h PB. I knew it didn't protude too much, but hope the rejection of TL below could so some effect. Probabily EMA200 also pushed me a little bit.

Silent Service Method

1st lose today: took eurjpy 4h PB, trying to catch 1.3100 and 1.3150 rejection I think my mistake is I should have set my order clearly above 1.50 (say 5 pips), instead of 5 pips above the PB, at 1.3146 Another lesson learned, cost me 106 pips.

Silent Service Method

That happened to me yesterday also. Can do two things: 1- Reload the page and try it again or 2- Right click, "Save target as", and open locally in "My PC" Avoiding the use of browser plugins is the safer way to see videos. You can also download ...

Silent Service Method

Crude also reached a key area...

Silent Service Method

Remember some days ago the eurostocks chart? Same shape know in ES. Now both look similar again. Time to watch this critical area.

Silent Service Method

Just wanted to share this beautifull chart I got playing around with some stocks. Definitively, there are good opportunities everywhere! A pitty it was some months ago... Who needs indicators?

Silent Service Method

Copper: A little bit more info & big picture. 50 FIB confluence also rejected from last high. BTW: congrats for you good eye (whitegoodman & CW) with HPQ

Silent Service Method