Hiya guys.. Hope you made some money today on the move up! Just wanted to get som feedback on my trade now.. Or its not placed yet since it's going to be triggered short when price hits 1,4022. We had a nice long pinbar there and quite some candles ...

james16 Chart Thread

Great job pinbar.. You're doing a really good work in helping us newbies!!

james16 Chart Thread

Yep I know that, I keep that post as a reference but it doesn't have FTA so maybe you should edit the post and add that? Yes ofcourse a trade with the trend can retrace with me but since we're dealing with probabilities, a trade WITH the trend ...

james16 Chart Thread

FAKEOUTS is the word!!! Thanks What is FTA? Gotta find that out.. I was thinking one thing pinbar maybe we can have a little discussion here. Wouldn't it be a smart thing to enter a trade WITH THE TREND with a smaller amount of pips 'in buffer' ...

james16 Chart Thread

Got it, chiefS! — There are some times in life you have to admit when you are incorrect and just apologise. The funny thing about it all is when you acquire knowledge, it is only then you understand how really stupid you were because all the ...

The concept of "trend" which I cannot grasp

I'm sorry if the question was stupid.. Haven't read the whole thread yet I'm still trying to find the goldies If the buffer is 10-15 pips after the high/low of the setup bar, don't you miss out on quite allot of pips, let's say we worked off 1HR ...

james16 Chart Thread

bad entries — Hi guys hope you had a great weekend and that you made some money today! I was thinking about something.. Is there a way in the james16 way of trading to 'cut' the bad positions? Can't find the appropriate word but let's say we ...

james16 Chart Thread

Thanks Mike, I took a look at it. Sounds very reasonable. Let's test and see how it works out! I was wondering, did anyone of you catch the EURUSD bear move today from .3950 to .3800? And if so, exactly HOW did you trade it? It was quite a tricky ...

james16 Chart Thread

Allright thanks for that one.. Now I'm wondering, do you consider risk/reward or you just don't mention that in the james16 trading style`? sorry for terrorizing you with questions, I am on the way of reading the whole thread.. right now im on page ...

james16 Chart Thread

Awesome trade Mike, congratulations! It does look a bit like the USDCAD trade I posted here: url But the problem is that I don't have a clue on how to trade these bearish engulfing patterns (I think you call it BEOVB?), do you just put the entry a ...

james16 Chart Thread

Yeah that happens, we're all learning Anyway I was wasking, that big bear candle you're referring to as 'BEOB' (=BEARISH outside bar). How can it be bearish outisde bar if the candle before it is also bearish? Shouldn't the candle before it be ...

james16 Chart Thread

zhang.. I don't know if I'm wrong here hopefully you will correct me. I uploaded a chart.. It's the same as you traded on.. Look at the divergence and also I made a green line just above a pin. That would have been my entry on the pin bar. Market ...

james16 Chart Thread

Hitchhiker, wouldn't you say you have a bullish flag there? Try to put a trendline beneath the PA aswell, you can see the market consolidating between the two lines creating a nice bullish flag.. or am I totally wrong here?

james16 Chart Thread

zhang.. there is a divergence on the end of your chart.. where you shorted, maybe that's an answer or don't you look at divergences?

james16 Chart Thread

Cool! — Wow this was really cool, market(EURUSD) just stopped at my WW and 23.6% retracement area.. but I was wondering, this last big bull bar, is this a DBLHC or a BUOVB (i.e a bullish engulfing)? I really can't see the difference between ...

james16 Chart Thread

Good morning guys! My GBPUSD trade from yesterday wasn't opened because it was an 8hour timelimit on it (is that the name.. timelimit?) I would have been in the money for about 10 pips or something so that's not a problem anyway.. Since the PA right ...

james16 Chart Thread

Ok so now I've put a SHORT limit order @ 1,5910 with a SL on 1,5980 on GBPUSD. The way I see it, the market made a pin, moved down, is retracing now and I've put my sell order at a 'safe' place so it wont fake me out.. What do you think? Hope I'm ...

james16 Chart Thread

Thanks, you're the man Mike. Awesome responds. What I discovered was in consolidating markets, the double lows were often faked out, a pinbar was created and a move up. In trending market it was broken to the 'trend'. Or should I say in the ...

james16 Chart Thread

First sentence was written down.. I think you have coded a little message here for me to NOT forget about the trend before the PA.. I look at my charts and noticed that many times when the market moves down, consolidates and moves down. It ...

james16 Chart Thread