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james16 Chart Thread
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Jun 19, 2010 2:17am
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THANK YOU MERLIN
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very nice and thank you.
jim
Quote:
Originally Posted by Atc
I thought earlier in the week we were watching this weekly. It might have been Pinbar who sighted it ...I forgot...well anyways...here's the results!
BUOB worked nicely.
Thx J16 
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__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
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Jun 22, 2010 4:05am
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THANK YOU MERLIN
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Welcome edge and thanks for the kind words.
feel free to demo a wide range of markets.
along with forex try gold, oil, silver etc and throw in 5 or 10 stocks. the key is doing it on daily and weekly time frames and following the guidelines set out in post one.
im available via email if you need me,
jim
Quote:
Originally Posted by edge540
I've been digesting this thread for the last month and it has been an absolute revelation to me,in fact I joined the group last night and can't believe the wealth of information.There is no FX BS which is such a pleasant change and relief from most of the garbage that is promoted by forums.
I'm demoing on daily and weekly charts with great success, just focusing on the basics.
One question for the experts,should I be restricting myself to certain pairs or can you attempt to trade all currency pairs with these techniques.
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__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
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Jun 22, 2010 4:07am
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THANK YOU MERLIN
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welcome location.
feel free to email me if you ever have a need or desire.
make it a fun journey.
jim
Quote:
Originally Posted by Location
I would like to thank all of you that have devoted so much time to this thread. I can tell that for many of you, it is a labor of love. I just learned about forex 4 weeks ago, and found this thread three weeks ago.
What drew me to it, was the 8 million views, especially give the less than glamorous title, "James16 Chart Thread." Then, what really held my attention was the distinctiveness of the approach.
Rather than promising me 900 pips a week if I followed this method, this thread promised to keep me from becoming a forex victim. I really...
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__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
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Jun 23, 2010 1:06am
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THANK YOU MERLIN
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lol. see i do read posts.
just to clarify i dont trade with TS (rjobrien) i just use the charting software (which is the best bar none). I agree with every point here.
Ive used them all (still do) and your spot on.
jim
Quote:
Originally Posted by joelcf
Something like etrade is more designed for your longer term buy-and-hold strategies - their standard setup isnt really designed for the kind of thing you are probably looking for. I know they have a 'pro' setup, but (here, at least - it could be different in the US, since Australia seems to specialise in getting screwed over) the cost was pretty ridiculous in return for the benefits. On your timeframe, it might not matter as much and this kind of low maintenance setup might be fine, but I'd definitely look at [list][*]Scottrade (who seem cheaper...
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__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
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Jun 23, 2010 10:45pm
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THANK YOU MERLIN
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personally if i see a great bar set up occur between those two levels its time to sit up and take notice. if there happens to be a pivot and/or BRN there also then so much the better. here is an example.
Quote:
Originally Posted by bug
Wow Mike, that was like 4 minutes it took for you to reply! Did Merlin teach all the folks who were here at the start some kind of dark magic or something?
Your answer is just what I wanted to know. I have another one, though (we rookies never seem to run out of them) - in past posts, SeekingLight used the middle area between the 61.8 and 78.6 retracement as a buying/selling area. Was that just a personal preference to weed out the weak or is it something more widely used among J16 followers?
Thanks.
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__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
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