Actually you'll notice Mike taking initial breakouts of strong patterns and consolidation boxes and it makes perfect sense. If price is really popping out of a major compression it may not require that pull back at all specially if you have a nice ...

james16 Chart Thread

This one hit my take profit and I am out at this major trouble area. image g.

james16 Chart Thread

Nice! This one was great to watch for me and is quite similar to the CAD/CHF you posted in the way price built up to that fake out. Obviously too gappy and exotic for a trade but worth the watch image g.

james16 Chart Thread

I don't know why it didn't hold. But I don't need that info either. I know from my exposure to fake outs that initial breakouts like that are extremely vulnerable to be mere traps. I am not sure how many would have wanted to jump in seeing that ...

james16 Chart Thread

Hey Stark, I wasn't quite my best self writing that, so sorry for all the confusion it might have created. I was simply pointing out that I don't delay my entires on traditional james16 trades as I do with my fake out trades as I am normally not ...

james16 Chart Thread

Here's a setup on the NZD/CHF. Another typical fake out scenario with price dropping hard under the prior swing low and then completely losing momentum. Yesterday's BUOB took out the low a bit but it was a late sessions surge which ended up in a ...

james16 Chart Thread

Hey Alexander, Nice first live trade buddy. Lovely pull back to the broken trend line with PPZ confluence. You didn't show this on the chart, but I am hoping you were able to spot this. image g.

james16 Chart Thread

Got stopped out today for 0.5R. image g.

james16 Chart Thread

Yup! That surely looks like a glitch with the feed. Amazingly though, I am not seeing these gaps on Fxpro. Is this a live Fxpro feed? Either ways, you need to drop an official complain with them. g.

james16 Chart Thread

The USD/HRK was strong as on ox for me. Since this would have been a fake out + BUOB trade, my entry would have been on the close of the BUOB. AGAIN this isn't the traditional way of taking our trades with the James16 method. Clearly a traditional ...

james16 Chart Thread

Hey Jib, I just referred to my Fxpro demo feed and the chart I see is the same as the Litefx one. Here it is: image Going by the chart you attached, I see it actually showed a gap which makes me think this might have been a glitch with Fxpro's ...

james16 Chart Thread

Good to see you kicking on Jib. You're right in that the frequency of trading needs to go down and you can imagine how that would create a positive impact on your equity curve. g.

james16 Chart Thread

Hey N, The real deal about being picky is to be able to take the best few setups out of the many that show up. Takes time of course for the discipline to kick in and for the mindset to adjust. Learning the lessons from the mistakes puts you on a ...

james16 Chart Thread

Hey Naveen, First off that's not a pin bar as it didn't close within the prior bar. For a long shot that's a pin bar by proxy as it kinda popped under that big bearish bar and closed back above. Nice trend line there also. I wouldn't be impressed ...

james16 Chart Thread

Part of this happens because the stuff that you intially consciously focus and work hard to drill inside of you, over time, just becomes part of your instincts. You are then capitalizing on this knowledge base, without even being consciously aware ...

james16 Chart Thread

Yup. That would be The Swing Failure Pattern (SFP). g.

james16 Chart Thread

Here we go: image image image g.

james16 Chart Thread

Hey Stark, It was actually a brilliant fake out setup. Exactly the kind of stuff I am looking for with that lovely buildup of divergence and a neat failed attempt to break the prior swing low. image g.

james16 Chart Thread

Yeah I will - in just a couple of hours or so. Delayed it a bit to ensure eveyone who would like to chime in does so as we had a few people saying they missed out the last time. g.

james16 Chart Thread

Yup! As Mike was saying earlier, the squeeze here at the parity level is brilliant! All we need now is some definitive PA g.

james16 Chart Thread