Thats upsetting...I completely forgot fundamentals exsisted ahah maybe it will work out

james16 Chart Thread

GBP JPY — Anyone's thoughts on this? 4hr BEOB Pros: swing high, triple top, divergence and off 140 round number It is only one hour into the bar but I don't like that it looks like a pin is forming the other way. anyone think I set my TP too ...

james16 Chart Thread

EUR USD — Just a quick update, I just got stopped out for the remaining 1/3 of my position on the EUR/USD weekly pin, I don't think I should have taken it but i did manage to pull some profit from it, should have take full profit.Ah ...

james16 Chart Thread

I am so angry I cancelled my order after the next bar didn't trigger it!!! Great trade for whoever took it

james16 Chart Thread

My order never triggered on the next bar, so I canceled it. It may work out in the long run but I didn't like having any momentum on my side. There will be more trades to come. Working on a little more patience this month.

james16 Chart Thread

Gap Plays — I see some gaps on the 4 hour charts on a few pairs. Anyone scaling in some small positions in the likely hood that they will fill as usual? I want to start trying this method out looks like it can be profitable.

james16 Chart Thread

GOLD — This does look good. I am not sure how to size gold up properly either. Mike had a post about it not too long ago I think but I cant find it. It looks that you can set it to .01 and it be equal to 1 cent. Can anyone clarify momey ...

james16 Chart Thread

Eur Usd — I am in some major draw down on the EURUSD weekly trade on 1/3 of my trade. I took profit on 2/3 at 129.90 which was sweet. Hopefully this reverses sometime soon .

james16 Chart Thread

If you are trading Price Action you need to wait until the bar closes to set your orders, or else the bar may not form a PA Bar(pin bar, BEOB, BUOB) and you will get burned. Also play on the break of these bars rather that the open of the next bar ...

james16 Chart Thread

USD CHF Weekly — I know alot of people have posted up the EUR USD trade on the weekly for this week but has anyone looked at the USD CHF. I have a BEOB with 61.8 Fib and off the 150 EMA and of the 1.15 round number. Not really sure about the ...

james16 Chart Thread

Thoughts? — Was just taking a look at this. I never played an I4B before but I think this is one. This 118 level is obviously HUGE. Anyone looking to play a straight breakout? I now retracement and PA would be key but anyone think you can play ...

james16 Chart Thread

I feel you, I am in the same exact boat...1 trade 1 winner...being so patient something I never thought I would see from me lol Lets hope for some good setups

james16 Chart Thread

Gap Trade — As Mike touched on Gap trade briefly in his webinar tonight, was wondering what people thought of this? I need to review the chapter in "Pring on Price Patterns" on Gap Trades. But if they generally close most of the time would ...

james16 Chart Thread

ahahah I know I was such an idiot wasnt thinking straight...lol but all worked out well so there is no problem, now I know for next time, that's what is so great about it.

james16 Chart Thread

GBP/JPY — That GBP/JPY pin was my first James 16 trade on my real account after waiting the first 12 days of February without a single trade(which was hard for me), took some profit after a 40 pip move to 130.50(because of previous bar highs ...

james16 Chart Thread

I was thinking the same take half off and let other half run at that area because of those few bar highs immediately to the left...Hopefuly it has potential to run up afterward tho

james16 Chart Thread

I have never set two TP's and and am wondering how to go about this... lets say my MM tells me to by .50 lots.. Do I take 2 lots of .25 and set the TP's or is there some risk I am taking on by doing this? Your guys help is alwasy appreciated. Dave

james16 Chart Thread

Looking good so far, I would have looked to take some profit around the 1.60 level, but it may have some more room to run. Better Safe then sorry.

james16 Chart Thread

I was ridiculously angry I missed that one, I was sleeping like an undedicated trader. I wish I didnt have school or work!!!!! lolol

james16 Chart Thread

Just taking a look at this AUD/Cad 4 HR..Definitely not a an A+ but here are some thoughts. Pros. Good pin formation - Long nose, eyes in good position Fib confluence on at 50 and 61.8 Off the 150 and 365 EMA At a price pivot Zone the 81.50 seems to ...

james16 Chart Thread