Yeah right! If that was true, I would be the darkest shade of red 'cause I'm the epitome of awesome. By the way, I've been really busy this week and didn't get much of a chance to discuss trades. I did get a winner on the Yen yesterday though ...

james16 Chart Thread

Well the bulls are in complete control of this market. So I'm only interested in buying here, either at a dip or I'll wait for a continuation signal after it breaks the consolidation box on the upside. By the way, GB. What does the yellow ...

james16 Chart Thread

Does that mean you're going to take the trade? I'm going to place a small risk on it, and... well hope for the best I guess.

james16 Chart Thread

Hello FxStart, your question was directed at professional traders. That's why I'm going to answer it. Because I'm as professional a trader as you get. Now you listen to me carefully lad and you will never go wrong in the markets. LOL I'm such an ...

james16 Chart Thread

Thank you Guitarbloke yes indeed it's been going south for some time now. But at this rate if it drops any lower they'd have to start closing down the silver mines.

james16 Chart Thread

Hey Blade, thanks for the birthday wishes, and you're welcome. Indeed it's a very useful place to hangout, there are a lot of friendly and helpful traders here.

james16 Chart Thread

Hey Blade, thought I’d give my two cents, firstly because I’m bored and secondly it may help you somehow. I wouldn’t take this pin bar and let me explain why. I’m not too concerned with traffic to the left as I have no intentions of holding on to a ...

james16 Chart Thread

Hey guys, any thoughts on this pin bar that formed yesterday on XAGUSD daily chart? Any particular reason why you wouldn't take this potential trade? To be honest, I've never traded silver before.

james16 Chart Thread

Hey Guitarbloke, I’m sorry that you took an unnecessary loss on this trade. It makes me sad to see you take a loss for no reason other than the noise of the lower time frames. I don’t like looking at intraday charts. Not only do I not trade them ...

james16 Chart Thread

Hey guys, those of you trading the Euro pairs today, it would be wise to close your positions before the day is out. There is potential high volatility and gap risk on Euro pairs as Greece is expected to make an announcement over this weekend ...

james16 Chart Thread

Exactly, there's no harm in trying. Low risk, very high rewards if it pays off. I'll check out ForexSaint's threads to see what ideas he has.

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Matt, yeah I figured. Hence why I said I can afford to lose a trade or two. Although it would be very hard to lose half of $12,800 in a single trade and still build up enough courage to take the next one at $6400.

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

This post was started 2 years ago, but has anyone achieved the "$50,000 in 9 trades" target yet? If the answer is no, I find it very hard to believe. Those that have tried this and succeeded probably never cared to come back here. R2R, I am more of ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Hi Zamfir, nice work! I have different accounts for different strategies. My main account I call "Trading Account" from which I swing trade. Then I have a "Scalping Account" for... yeah pretty obvious. And lastly a "Mad Money Account" which I use as ...

james16 Chart Thread

Hi Mike, thanks for the reply. Yes I suppose you're right. I'm still in virgin territory as far as trading off different time frames is concerned, and I feel a lot more confident in trading off the daily charts. I've started paper trading the 4 hour ...

james16 Chart Thread

Sure, it's a dwarf account from which I trade micro lots, but it still counts as 71 consecutive wins.

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

ComptonFX, totally! Some traders have been trading these 4 hour charts for a long time and they seem to understand its dynamics well enough to trade them profitably. For you and me though it's a big NO! Until we get enough screen time at the very ...

james16 Chart Thread

Agreed! The IBFB seems to be playing off relatively well but like you pointed out there isn't much room to rally. The 1.55 handle had been quite resistive in the past and unless today's Manufacturing Production news can cleanly break it, I'd expect ...

james16 Chart Thread

Greetings fellow traders. Just a quick question for those of you using price action candle setups to trade the 4 hour charts. Do you also find them to be a lot less reliable compared to the daily charts? I've only ever traded daily charts and have ...

james16 Chart Thread

Decent trade setup on the Dollar/Yen 4 hour time frame. Hammer with confluence (in direction of the trend and a bounce off of support). Enter at 50% retrace of the pin bar.

james16 Chart Thread