wow never saw a chart of a bankrupt company . Very interesting. And yes zero seems a very good support area.

james16 Chart Thread

Glad you're ok Sir I thought you were on vacation. The thread was moving slower beacuse of your absence

james16 Chart Thread

this thread should have 10/5 stars (ten on a scale to five)

james16 Chart Thread

Corrected the link I'd need a beer too cause im already doing mistakes (reffering to the wrong link) just remembered that i have one heineken left in the fridge see you later

james16 Chart Thread

Confusing indeed. And of course PA rules. And when i trade it i look for as much confluence as i can. I should clarify in the first place what i meant by location and how i trade. Im testing a new method in which i would like let the profits run. ...

james16 Chart Thread

The first BUOB definitely jumps out. Its off a PPZ at swing low, with nice shape and it has the room to run. Imho the small BEOB isnt bad either. It broke the VBRN 0.9000, its with the trend, has a lot of space and room to run. You can also take it ...

james16 Chart Thread

Yes of course. The FTA is also very important. Of course you cant trade into another PPZ.Well all things considered everything is important. Like Pinbar already said. I meant that PA bars are important at great PPZs and BRN. Others may also work out ...

james16 Chart Thread

Well the blue area that i marked on my chart (2nd chart) would be the best. A nice weekly PB which bounced off a PPZ and trendline confirmed the uptrend. You only had to wait for the price to go a few higher of the PBs nose. And then you had some ...

james16 Chart Thread

Well id say the location is most important. At least for me. A nice PPZ at BRN is the best i can ask. Then you just wait for other confluence and some good PA to confirm you where the price is going and your set.

james16 Chart Thread

Amazing! Im speechless.

james16 Chart Thread

My bad And yes it would be great to see the price around 1.25

james16 Chart Thread

Thats why Jim teaches that newbies should stick to higher timeframes (daily, weekly) before they learn! Because on the higher timeframes the news dont have such an impact than on the hourly.

james16 Chart Thread

In the begining of this week i was looking for the price to go to 1.25 (link) which seemed a good PPZ area, but i somehow intentionally overlooked the 1.2605-1.2610 area which i now found out its also a 50% fib retracement. It seems that the price ...

james16 Chart Thread

like the Fudd smiley

james16 Chart Thread

Another thing that i dont like is that we are in a strong uptrend. Just look at all this big bullish bars and those small bearish bars... Id say its a little too risky... image image

james16 Chart Thread

loll I know that you can somehow do it with the j16Manager: link (#5)

james16 Chart Thread

Something like that i think. Dont know exactly what the right side (losing rate) means. I know that like you said, with risk of 2% you will totally lose your account in 114 trades and with 5% risk you will lose it in 45 trades. Thas what i ...

james16 Chart Thread

You had in mind something like this? image

james16 Chart Thread

Maybe this will help you. A member named Chatzi made it and once posted it in this thread. You only have to change the risk percentage and it will show you after how many trades you will suffer a 10%, 20% drawdown, .... or loose your account.

james16 Chart Thread

Dont tell me about it. Yesterday when i went to sleep at 2 a.m. it was 30c in my room and the air conditioner is in the other side of the house. Anyway happy trading. And sometimes is better to trade less. I remember that i lost almost always ...

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