With the new strategy im testing now, i'd say its good as it is going with the trend and its off a ppz area. But im a little skeptical with this one. I marked the FTA, and imho is too close. If it would be off the 1.25 area (like i marked it) would ...

james16 Chart Thread

yeah god bless the seniors lol man you're funny

james16 Chart Thread

exellent explanation Jonny i had something like that in my mind while writing the post above, but didnt find the right words. I have to work on my english a little and not only on trading

james16 Chart Thread

Yesterday i was waiting all day long day long for the price on GU to reach the 1.55 area and now it hit this area when i was sleeping. And i was patiently waiting for the price to reach the trendline and ppz area on GJ since Aug 10th when the level ...

james16 Chart Thread

Because of too much sleeping i missed that beautie too... next time i should sleep less And this one on EU was also great. A small pb just of the nice ppz area. Unfortunately i overslept this one too... loll image image

james16 Chart Thread

Be careful, because the BEOB and BUOB are known for their retraces to 50-61,8% fib! And in your case imho it may retrace to the area i marked in blue. But i think this is one of the best setups you posted. And the close is also good. (Look at Ghous ...

james16 Chart Thread

If i may. I dont think this IPB will work out so good. Just look at the huge 400+ pips BEOB on the weekly and all this bearish bars on the daily. I think it will move the price to 1.55 at least. IMHO it would be better if the IPB would be just off ...

james16 Chart Thread

mike would you lend me your crystal ball for the next week please? loll... nice trade

james16 Chart Thread

@mistersimple.... aserbfx is right. And i would say its the same with EURAUD. I added a PPZ area on the chart you have posted. So if you wanna take the pin you have to be very careful, because FTA is very close. But i'd consider to skip it. image

james16 Chart Thread

And it finally reached the FTA, it even gave us a little more. I was a little worried though, thats why i put my SL to BE. It seems i became a little spoiled and wanted it to reach the FTA in no time, since the last trade i took on UC a few days ...

james16 Chart Thread

yeah i was expecting a strong break of the consolidation area, and beacuse it didnt happen i put my SL to BE...now its a free trade, will see what happens...

james16 Chart Thread

USDCAD — I saw an interesting situation on the USDCAD. The price is at RN 1.0500 which it seems to be also the 61.8% fibo retracement. On the daily you can see that the price is caught in a triangle. On the 4h chart you can see that on the ...

james16 Chart Thread

Sorry to hear this. I guess i was lucky to learn something about money management before i opened my live account. Beacuse i remember i usually lost my demos (and i lost quite a few of them) because i entered in a trade with a too big position. And ...

james16 Chart Thread

If i may. On september it will pass one year since i opened my live account. I had some good months when i've got 5-10%/month and some bad when i lost 5% of my account. Now im at breakeven, if i may use this term. Im not very proud that after one ...

james16 Chart Thread

I rembember a few days ago when i was rereading part of the post #1 and all seemed a lot more logical that the first time when, if im honest, i didnt have a clue what i was reading loll When i was rereading some of those links posted in ...

james16 Chart Thread

Yea i was a little unsure about it too. But then i draw the blue S&R line and since the pinbar has a nice shape and the trend on the 4h hour is down i thought i'd give it a try . I was risking only 1% though.

james16 Chart Thread

Totally true. People usually end up losing beacuse they just dont stick to the plan. If you follow what J16 teaches you will succeed. I saw it by myself. Im not yet profitable on live, but when i stick to the plan the worst case scenario is a ...

james16 Chart Thread

usdcad — wow that was quick image image image

james16 Chart Thread

those two pairs definitely looks very tempting EURCHF EURJPY

james16 Chart Thread

wow thanks for the indicator Pinbar. This will help me when experimenting a little with the futures with FXPro.

james16 Chart Thread