Hey Trans I know what you mean and it can be a bit confusing at times! It all comes down to the individual trader.......somw will take the trade because the positives outweigh the negatives whereas some will pass on it because the close was under ...

james16 Chart Thread

Hi Hook Saw this one and was tempted but it would have been only for the purpose of taking a trade. Depite this bar engulfing the previous few bars it also seemed 'too big' if you know what i mean? I like engulfing bars to be a 'nice size and shape' ...

james16 Chart Thread

Hi guys Just to throw in my tuppence worth on EuroCad pin discussed earlier....pin far too small compared to huge prior upmove and bars. I am struggling to find any decent setups at the moment and getting a bit itchy to take a trade!! Anyone else ...

james16 Chart Thread

Hey ad Congrats on your job man. Remember to pass all the trade secrets on when you get them down!

james16 Chart Thread

Hey Shaun Agree with Trans here - this is not an A+ setup as it is in a congested area where there could be consolidation. However as always that does not mean that the trade will not work out! Such are the vagaries of trading that sometimes good ...

james16 Chart Thread

Hi all Have just done my weeklydaily scanning and do not see any high probability setups at the moment! Patience is the name of the game. watching some pairs closely but nothing doing just now(for me). Good trading to all in the meantime! Kal

james16 Chart Thread

Hey biD Just a further thought about that chart/setup ....the market seems to be drifting sideways an there is a lot of consolidating so these are tricky trades. As mike would tell you that does not mean trades wont work but will need tight ...

james16 Chart Thread

Good on you on starting this thread man and I for one will conribute to it if it discusses pa in a meaningful way. BTW I would be delighted with 1700pips in 6 months.....extrapolate for a year and that comes to 70pips a week. With the correct size ...

Learning price action

Hey Bi I am no expert but the two things that struck me immediately in your post werw 'congested area' and 'mild confluence'. This would suggest that it is not a high probability trade although that does not mean that the trade will not work out! ...

james16 Chart Thread

Hi all waited all week for trade on dailies but nothing doin so hope for better stuff next wk. Good weekend to you all uguys

james16 Chart Thread

MikeHook Thanks for the replies on the bank holidays and effect on the markets. One thing i have noticed is that the day after a bankpublic holiday the stock markets like Dow and FTSE seem to have a good day!! Something to do with human psychology ...

james16 Chart Thread

Hi guys Just a kwik question about public holidays. With a public holiday yesterday i the US and UK does it normally take the markets a day or so to 'settle down' again in to their regular rhythms? Just wondered if anyone has noticed a pattern here? ...

james16 Chart Thread

Hi all hope u had good bank holiday_back to trading tomorrow and having fun!

james16 Chart Thread

Hey mac that was a nice trade . I am a j16 man and there is a lot of emphasis there on en

Trading Made Simple

Guys just want to wish u all a good weA ekend wherever you R

james16 Chart Thread

Hey bill Thanks for that detailed answer. I have noticed that a lot of traders here take full profit at FTA when against the trend which in my opinion is a spot on approach. Also making the target a few pips shy of RN etc is good strategy. Alot of ...

james16 Chart Thread

Guys This thread is awesome!! Thanks for all the great links and posts!! What about a blast of ACDC to get you going. Google 'acdc Glasgow Appollo' and you get youtube videos of ACDC at the apollo in 1978. Reckoned to be one of the best indoor gigs ...

What kind of music you hear while you trade?

Hey Atc Is that your regular strategy 2/3 off at FTA and let 1/3 run/go to 2nd target? Was thinking of trying something similar to this approach and wondered what the results are like, ie does 1/3 position get stopped out a lot at BE? Thanks kal

james16 Chart Thread

Hey Atc Nice trade there ....... classic j16 pin off ppz! Whats your target on this one?

james16 Chart Thread

Hey dongsky Thanks for the welcoming message. I'm a regular on the J16pa hread but will pop by this thread too. Interesting stuff and keep it up. Kal

My trading journey