Better late than never.......... — Merry Xmas to J16, Mike and the gang along with all the thread members and a happy new year (I won't be late now for this one). Be thankful for your kids, family, stubborn non-sleeping puppy and great ...

james16 Chart Thread

Maybe I should not have even brought this subject up...ha ha.....it seems like there has been quite a backlash to the evil "psychology" word. To me there are differences in trading demo, trading real money, trading a huge account and trading other ...

james16 Chart Thread

Yep......I have this chart set up exactly as you do (other than the lines you have showing potential moves - though I am thinking those potential scenarios) and am hiding in the background to see. I have almost the reverse scenario for Eur/Usd, ...

james16 Chart Thread

Support and resistance is my cornerstone, all my trades are taken at it before even looking for price action. My charts are predrawn with areas and then I wait. Great job, October and December have been great for me as well with only a small ...

james16 Chart Thread

I think we must trade in a very similar approach. That is how I would describe my trading almost to a tee. I trade the daily and weekly (very seldom the 4 hour) but manage my postions through the day by either limiting losses or locking in profits ...

james16 Chart Thread

Eur/Usd — This is what I would love to see happen, but remember the market doesn't care what you would like to happen or what you want or need to happen. If this plays out as shown I will short this with a vengeance at that level. Get your ...

james16 Chart Thread

I have to say your posts really are sincere....I can tell you have gone through a lot of the same thought process that I have. I still do interesting things, as I never have my account balance screen up (On Oanda) when I am trading. That way I just ...

james16 Chart Thread

You really help break up my boring days at work...........ha ha.

james16 Chart Thread

Probably no perfect answer, but typically I only play them (like on the Gbp/Chf) when there are several bar highs together. I put an order above that and then see what happens. I am not smart enough to play them any other way. If I don't get clear ...

james16 Chart Thread

I agree, very good point. I honestly just need to stay the course.... some of the best traders have consistently said that their spouse can't tell if they have had a winning or losing day. To me, that is the state I am trying to gravitate too. I am ...

james16 Chart Thread

Yeah, I know they are part of the business and I will get them (drawdowns). I don't have a fear of drawdown, just curious if other traders had thoughts like this creep into their head after a big run up in the account. I guess the main thing is I ...

james16 Chart Thread

Strange thoughts.... — I am curious if any other live traders go through these emotions. Psychology in my opinion is what pushed me into profitable trading in the first place from break-even. It is a battle I face everyday, though the longer I ...

james16 Chart Thread

I was just stopped out of my long at 1.6950 area from my entry at 1.6810. If this prints a daily pin I will be shorting it as well and see if I can extract pips from this pair again. Nathan

james16 Chart Thread

No, but this will be my third one and I enjoy training them.

james16 Chart Thread

Someone asked if dobes were good with kids — Absolutely and very protective of them.

james16 Chart Thread

Personally (which doesn't make it right) I would place it just above 1.4600 as I don't like entering any orders long just below or short just above round numbers. If it wasn't just below 1.4600 I would go ten pips or so above the bar of today. It is ...

james16 Chart Thread

I will only enter a long order, with IB's I don't enter orders for breaks of both directions (as some do). If it drops south (which it easily could) I would wait for a retracement back to 1.4500 and then look for price action to short. IB's to me ...

james16 Chart Thread

Ha ha......I know it is hard to believe but it is a dobe! Supreme you seriously crack me up and add so much good stuff to this thread!

james16 Chart Thread

Eur/Aud — If this closes as an IB I will be playing this one as well.

james16 Chart Thread

Eur/Aud — Been stalking this one as you guys know..........in at 1.6073 out at 1.6203, nice quick profitable trade off of the ib. Chart attached!

james16 Chart Thread