Between 40-100 pips per Day

[james]

Originally Posted by zess

hi James, first of all thank you for sharing this great technique for all of us to make a living...may i know how to contact you...may i have your e-mail...

btw i'm looking foward to try your technique on the next trade...

wish me luck...

ibsystem@hotmail.co.uk

[Jimmy]

Originally Posted by james

ibsystem@hotmail.co.uk

So no chance of getting a response regarding my questions?

[jensuniverse]

Originally Posted by ahefner33

Joe,

Thats what I look for. When you see the stochs in the oversold area though you need to be a little careful if you get a cross down and a IB because stochs can stay in the overbought area for a while and the pair will continue to raise. I wait for it to come out of that area and then you know it has to fall to around the 20 area eventually. Most the time, from what I noticed, once it turns around the 20 area it shoots back up. This is how I have looked at it and I give a comfortable s/l and let the stochs ride down or up. Also, he mentioned that if you watch the candles and if the next candle opens in the top half or bottom half of your candle (top half - long / bottom half - short) this gives a good indication which way its headed. Also, plot the .0025, .0050 , .0075, .0000 areas and see how many times the price reverses there or rallies after it breaks it.

Yea, I remember seeing some your post over there. I look over there once and while now. Im using there 4 hour system but there intra day system I gave up on because it did not work for me at all. I also tend to stay over here and ask questions because seems Nick usually does not like answering questions and usually gets mad if you do. Are you using any of there sytems? Talk to ya later.

Adam

Hi Adam,

I'm new to the Forex just happened that I follow this thread and found it very interesting and I'm playing around with the demo account now. Please tell me what do you mean by "plot the .0025, .0050, .0075, .0000" Do you mean to plot on the stochastic or what?

By the way in one of James' thread, best time to trade is 7am to 10:30 am London GMT., since I'm living in Toronto, Canada, I'm on Eastern time, do you know about what time it is in Eastern Time Zone what it is 7-10.30 a.m. in London?

Sorry for this stupid questions, but as I'm going along from the last threads to here, I think it is better to ask the questions in mind before I can go on.

Thanks

Jensuniveres

[The O'Reilly Way]

Originally Posted by mustang

O'Rielly. Great car," Reliant Robin" if I'm not mistaken, owned one once as a promotional vehicle.

You were promoted and they gave you that !!!

I'd have handed my notice in.......

[james]

Hi there

Markets are generally quiet as traders hold their bets ahead of key event risks later this week. Dollar gives back some against majors but after all, the consolidation is still in progress. More choppy trading will likely be seen. Though, the Aussie continues to climb higher across the board, supported by strength in gold prices which soars to $876.60. Elsewhere, Sterling was lifted briefly earlier today by stronger than expected Halifax house price index but the effect is so far mild. Yen continues to trade with a soft tone as consolidation continues.
In a speech today, Philly Fed's Plosser said that economy will improve before the cumulative 100bps of rate cuts from Fed takes full effect. Though he saw worrisome signs on the broad-based inflation outlook and emphasized that Fed should not rely on a slowing economy to tame inflation. Pending home sales dropped another -2.6% mom in Nov to 87.6, worse than expectation of -0.7% drop.
Released in European session, UK halifax house price index rose 1.3% mom Dec, being the first rise in 4 months. Eurozone retail sales unexpected dropped -1.4% yoy in Nov. Meanwhile Germany factory orders beat expectation by rising 3.4% mom, 13.6% yoy. EUR/GBP continues to consolidate in tight range below record high of 0.7491.

Regards

James

[bbdgrm]

I just sent you an email pleading for help. In the email I inquired about IB's. After reading this forum, I now know what IB's are. I am eagerly awaiting my first time joining in on your live trading sessions.

Lookin' forward to better Trading days ahead

Ren

[mail2jennings]

Can anyone from this group share the latest MT4 indicator and EA please ?

[james]

Hi james here

Good day today in the LIVE ROOM took 140 pips on the GBP/JEN and we made 2 other good trade's for 60 pips and 20 so good day in all.


Sterling tumbles again today and made another record low against Euro on increased speculation for rate cut from BoE tomorrow. UK rate futures tilted toward pricing around 60% change of a rate cut, up from 50%, after Marks & Spencer, the countries largest clothing retailer, reported a 2.2% falling like-for-like sales. Technically speaking, GBP/USD is now pressing an important support zone of 1.9550/600 level and seems to be regaining downside momentum. Sustained break of this support zone will confirm that the medium term up trend that started at 1.7047 in 2005 has already completed and much deeper decline should then be seen.

tomorrow in the live group should have some good news trade's as well

see you there

Regards

james

[BoS]

Originally Posted by james

Hi james here

Good day today in the LIVE ROOM took 140 pips on the GBP/JEN and we made 2 other good trade's for 60 pips and 20 so good day in all.


Sterling tumbles again today and made another record low against Euro on increased speculation for rate cut from BoE tomorrow. UK rate futures tilted toward pricing around 60% change of a rate cut, up from 50%, after Marks & Spencer, the countries largest clothing retailer, reported a 2.2% falling like-for-like sales. Technically speaking, GBP/USD is now pressing an important support zone of 1.9550/600 level and seems to be regaining downside momentum. Sustained break of this support zone will confirm that the medium term up trend that started at 1.7047 in 2005 has already completed and much deeper decline should then be seen.

tomorrow in the live group should have some good news trade's as well

see you there

Regards

james

JAMES I would like learn how to trade your system, where can I find you
thanks

[gwyland]

Hi James,

I sent you an email as well - whenever it's convenient for you, I'm interested in joining you guys for a bit.

Thanks.