I don't expect to become rich doing this. All I want to to do is prove it is doable at all. If so, then I will be thinking how to make this an income some sort of income). And only then maybe $$$ Have you ever seen anyone succeeded in forex, I ...

james16 Chart Thread

Ok, I think I got it. So for you 1R profit will be also ATR(20) or 140 pips in the example. Interesting. Thank you for the explanation!

james16 Chart Thread

Hi GH, I can uderstand when the physical SL is ATR(20) away from the price and is 2% (or whatever). But what do you mean by "fixed amount of cash"? If say ATR is 80 at the moment, what will be your risk? EDIT: Maybe is like this. Your SL is ATR(20) ...

james16 Chart Thread

Sometimes I think that I can really spot the "sure trade" I enter it knowing it is an A+ and I of course win. But that win is usually 0.3% something (because I was out at where price was supposed to go) that 0.3% translates into something like 15$ ...

james16 Chart Thread

Thanks James, your words keep me going!

james16 Chart Thread

I support. Just for the purpose of motivation and encouragement...

james16 Chart Thread

Thanks Pat and Artov, I think it's clear now. Still very scary just to put a touch trade order on the level. But good to know about possible bounce off those levels! So I learned a good lesson, thank you!

Fail Better

So is like FIRST rounded retest right? Because on that chart right after the breakout this level already acted as support for a few bars...

Fail Better

Hi Pat, oh that's all? Price must be coming back from a significant distance in a rounded way. That's all? Thank you very much!

Fail Better

I may need to start from the beginning, I am a little behind, but searching this thread, or going through Wiz's post don't really explain what is a Rounded Retest but seems as everyone here know what is it! I first thought it was a test to the round ...

Fail Better

I was studying SFP setup. Looks very good!!! even for stocks on the Daily charts! Not yet sure if I understand everything correctly, but this is what I am looking for: 1. Significant swing high or low 2. The SFP Bar must peirce through the level and ...

Fail Better

yep. the good one! Also, I think I got a little bit of Space-o-fobia too

james16 Chart Thread

Only the brave I guess

james16 Chart Thread

Hi KR, Everything about A+ setup plus more is in this thread. All you have to do is just read. It was answered a hundered times really (when I was reading the thread I saw it mentioned that much). So why are you asking the same question 101 time and ...

james16 Chart Thread

Hi Snowly, thanks for your post! I need to think about all of this.

james16 Chart Thread

usd/cad doesn't look like PB anymore so I was looking at this one too. The bar is just perfect, plus the RSI Div. Maybe we can draw a box so it is a valid setup, BUT the location is still kind of scary, no? All those multi bar lows before the RN. I ...

james16 Chart Thread

Hi Ryan, Thanks for your post. And yes I totally agree, that's what I do at this exact moment! Searching for the answer, yes but the stress is the same with demo if I take it seriously. This my small live account is like demo for me, even little ...

james16 Chart Thread

If closes like this I'm taking it yes. Nice one.

james16 Chart Thread

Jesse Livermore's psychology? Are you serious? The guy killed himself... True failure as I see it. But the book was a cool read yeah, some super lucky gambler, unique one, however like all of them failed - lost everything and shot himself dead.

james16 Chart Thread

Yes, in fact it is. Because if 10 losses in a row could occur, then 20 in a row is ok to happen too. Then a few wins and a string of losses again? So that's why I was thinking maybe in this case my Tp should be HUGE in comparison to SL, because ...

james16 Chart Thread