Yep! You'll learn to fine tune your selection of the level (closer to round numbers sometimes etc) , but you're definitely on the right track, man.

james16 Chart Thread

Thanks Nasir. I keep forgetting that the wheel doesn't need to be re-invented every time. lol

james16 Chart Thread

OK ...but you're on probation. Of course. Though, it's great when those Big rubber band moves happen at the same level consistently, THAT's what you really want. Many big bounces off the same level over the years.

james16 Chart Thread

Spot on. A top notch trade would have very little resistance/support in the way of getting into a decent profit. With that level, it's a strong level, so any good PA off of it is a good sign. Unfortunately you have to be aware of the ...

james16 Chart Thread

Smart asse. LOL You knew what I meant. I'm trying to think how I'm going to do this. Have been playing with the TIG welder all arvo and not quite "with it" at the moment. lol

james16 Chart Thread

Yeah... lol Even up until around 1000 pages or more it was still doable.

james16 Chart Thread

My bad Cherry, was trying to reply quickly without doing a diagram. Kind of thought it would be vague. lol I'll put a better one together and post it shortly.

james16 Chart Thread

Sounded like you would still try to trade off of the "fuzzier levels" and calling them A- ??? I wouldn't even bother with those ones AT ALL. They are where you acount goes backwards or sideways. A- is probably what you'd call the current range high! ...

james16 Chart Thread

Hi Cherry, Usually if you're not convinced then it's not worth trading them. The good ones are VERY obvious when they come along. Imagine what you will do when price prints a Strong pin bar off of the top most level you marked out.... You will ...

james16 Chart Thread

Sorry Riskee, didn't look back far enough last night... Trading the BUOB on the EURJPY 4hr... ...and I had an order on that A/U bar of yours that triggered right on the pip before reversing. lol I liked that one even though I could see the potential ...

james16 Chart Thread

TOUCH TRADING. This is really healthy that everyone is questioning the viability of this style of trading. You can make a lot of money without this. It just adds a little versatility later on, that's all. All of the guys that have been around a ...

james16 Chart Thread

Hi DHB, Trade what you see. I'll tell you the reason for it.... (and you don't have to have this sink in. The most important part IS the line "TRADE WHAT YOU SEE" ) I've been studying news "after affect" trading (for, what seems like, forever. lol). ...

james16 Chart Thread

"Hey" Always good when you drop in, buddy. Who's the resident rabbit hunter???

james16 Chart Thread

...This one, on the other hand, is much better.

james16 Chart Thread

It's a LOT smaller than the two bars preceding it Riskee. Who's winning? Buyers or Sellers?

james16 Chart Thread

Welcome to the thread, Longshot. You are free to go about your trading journey whichever way you like. Just be mindful that many, many, many, many, many, many, many, many, many of us in here have "been there , done that" too. So plug away , ...

james16 Chart Thread

..."From longer term it's ranging pair, so there's a chance it will go to the top of the range - 1.0700 area." So wouldn't you think better trades would happen at the bottom or top of that range rather than a ppz in the middle? This trade is is ...

james16 Chart Thread

Thanks Josh, I'm going to read more of that tomorrow. It's interesting reading. Going through just the first few days of posts I can see that reading the link I gave in my post might have given you a few ahah! moments. lol ,B Edit: When taking body ...

james16 Chart Thread

Against divergence , and those sideways bars up top being a bit close. Just letting you know in case you missed the divergence.

james16 Chart Thread

SLEEP patterns for traders. — Sleeping pattern info... Anyone here heard of Polyphasic sleeping?? (Most of you would have heard of your circadian rhythm anyway. ) There are three types of sleeping... Monophasic :- Where you sleep in one ...

james16 Chart Thread