Hey Felix, Welcome aboard. Good first post. g.

Mastering the Art of Trading

A big bar, in general, can be considered a sign of momentum. But its detrimental to consider it be a strong sign all the time. For the most part it again boils down to the overall story and what price is really trying to do. A big bar that's also a ...

Mastering the Art of Trading

Hey A, I would draw my HHR from the nearer swing high. It looks to almost line up with the earlier one, but actually is slightly lower. The fake out bar didn't quite close under that major HHR. Also the fake out bar itself is small and is headed ...

Mastering the Art of Trading

For the first setup I totally agree with the trouble areas you've marked. For the second, I remember watching this in real time and don't think I even stopped at this. There were multiple reasons to pass this one: image g.

Mastering the Art of Trading

Hey bee, Since breakout trading is such a pertinent leg of price dynamics that we follow here, there are literally countless gem-posts sprinkled all over this huge thread with valuable information regarding breakouts. A good idea would be to search ...

james16 Chart Thread

Hey Babar, Welcome here. I trade price action, the fake out phenomena primarily. Read through the first post at least and you'll have a good idea what we're up to here. g.

Mastering the Art of Trading

Taking on that up trend is going to always make it very very risky. Not sure why you wanted that straight ahead of the 1.54 RN. Also notice how the up trend is a result of a HUGE bullish break out story. g.

Mastering the Art of Trading

Now that was a brilliant story! The gap messed it all up. g.

Mastering the Art of Trading

It sure is J. g.

james16 Chart Thread

Well, as you might have figured out, there is no point in keeping a TP "anywhere on the chart". Employing logic helps. g.

Mastering the Art of Trading

I am glad it worked out for you. g.

Mastering the Art of Trading

Wrong trade management? I don't think so. Its important to understand the context that you're trading in. Here we're basically in a sideways market which can be very tricky to trade. Meaning that not only do we have more trouble areas to account ...

Mastering the Art of Trading

Hey Ken, Donaieillo nailed it there. I don't use fake outs as a stand alone method / system. I use them as a slight variation to the typical J16 method. Which means that the story around my setups is absolutely imperative. A pin bar itself contains ...

james16 Chart Thread

Every decision that hurts and every tendency that keeps you tied down in your opinion, can somehow be traced back to the inclusion of emotions. And these emotions for the most part can be traced back to the two fundamental, instinctive, innate ...

Mastering the Art of Trading

My response is a question: Would it be a surprise to see price climb higher from here given the messy chop we're in and given the PPZ + RN combo? image g.

Mastering the Art of Trading

We've had the fake out, and we and have done what you would expect of it, which is for price to hit the 9900 RN. Anything from here is really up to the markets as the 9900 is a HUGE PPZ. image g.

Mastering the Art of Trading

Totally agree with forexpiet, Just not worth it buying into all those lows and other mess. g.

Mastering the Art of Trading

Monster trade! Elmer Fudd's been busy g.

james16 Chart Thread

Wow you were flirting with danger there IMO. Going short straight into that consolidation box and that too at a pull back that came right off that box is taking on some serious risk. I personally feel you're better off reducing the frequency down to ...

Mastering the Art of Trading

Yup that's a good example. Spotted another on your chart: image g.

Mastering the Art of Trading