Nice. The USD/CAD is showing similar action.

james16 Chart Thread

I know you aren't supposed to have a favorite pair, but if I had trade just one pair it would be GBP/JPY.

james16 Chart Thread

Happy B-Day — Happy Birthday thread. 4 years strong and going.

james16 Chart Thread

Hi Rac, One could argue that on the 4hr chart the EUR/USD has been in an uptrend since 03-04-09, what are you seeing that would reverse the current uptrend and go back down to the 1.3460 (close to 1.3500 round number)?

james16 Chart Thread

I think it would be best to move the questions regarding DIBS to the DIBS forum.

james16 Chart Thread

All the info is on the fist page. url

james16 Chart Thread

Hmmm, bet their Gold is long gone. Doubt they will ever see it again, but who knows for sure.

Gold Discussion

3 of them are not a swing points, they are continuation. Is that it?

james16 Chart Thread

Wow. I'm an IT guy and used to love my job. I started trading Forex 9 months ago and now I hate IT. I can totally relate to this. The feeling to quit and trade is overwhelming when you hate your job, I know I'm feeling it. How about a compromise? ...

What lengths have you taken in trading

Don't quite your job. Don't be another Forex horror story, losing everything and living out of a car. Look at someone like Jacko that trades only 1 pair, the EUR/USD. You do your analysis and then wait for the trade, so I'm not sure the 'more time' ...

What lengths have you taken in trading

Profit Target would be the trailing stop.

Jacko's Forex House of Pleasure and Pain

You want to adopt a 38 year old son? That is really cool. You have given him a skill that will give him a comfortable life.

james16 Chart Thread

You can always pick up a used copy and Pring also has a YouTube channel and goes over technicals in videos. The book is probably better for someone just learn about TA, but even an experienced person can pick up a nugget here or there. Book is a ...

Silent Service Method

To be honest, that really cleared it up for me a great deal. If price starts in the lower left hand corner and goes to the upper right hand corner the trend is up. It is all relative to your time frame. If the 4hr trend is up and you are trading the ...

Silent Service Method

Brave man. I'm looking at the Daily and seeing that big ole bearish outside bar forming and engulfing the previous bars. Being at a swing high, that would be a strong bearish signal. I'm going to wait for the bar to close. Still lots of time left in ...

Jacko's Forex House of Pleasure and Pain

Price usually goes back to what it was doing after the news release. Trading Fundamentals is a whole nother ball game, usually people with very deep pockets. You really have to know what you are doing to trade news. In Technical Analysis the 'WHY' ...

How does red results equal positive movement?

Took EU short for almost a 100 pips, didn't have enough to put on another trade.

james16 Chart Thread

Depends. Some only allow the next bar, technically the Pin Bar is valid until the high or low of the pin is broken (long or short). I'm sure there are other variations, so you can customize to what suits you.

james16 Chart Thread

Not sure what you mean, but I think my answer would be no. Here is a chart. The 38 fib maybe a another one to look at given how strong the price has been moving upwards. .

Jacko's Forex House of Pleasure and Pain

Looking on the Daily I see maybe price moving up higher than I though before (previous post was 4hr retrace then back down again). Maybe a Mike Trade? A BUOB at swing low closing above a round number. I guess if the BUOB engulfs more of the previous ...

james16 Chart Thread