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- tradertt replied Sep 14, 2009
Joel, Just curious, How much room is sufficient for you to take the trade? Do you trade manage james way as in move stop to BE at the first trouble area? or Mikes way, trailing 2 bar
james16 Chart Thread
- tradertt replied Sep 14, 2009
Yes you are right
Hehe ... I should NOT take these trades with NO SPACE!james16 Chart Thread
- tradertt replied Sep 14, 2009
Yeah maybe not enough space. I was too lenient on the daily ..... lolz Hey what charting program are you using? Is it just a screenshot program I see?

james16 Chart Thread
- tradertt replied Sep 14, 2009
Hi Guys, Took this failed pin on the EUR CAD 2 days ago. Any insights on what I missed out to get stopped out in 2 bars? Pro: Rejected by 2 EMAs PPZ Nice Pin bar
james16 Chart Thread
- tradertt replied Sep 9, 2009
WOuld like to get some insights on this post by Mike on Trade management url Hope I can get some insights on this 1. What timeframe am I on. If the timeframe is 4hr and under, I consider this intraday. What does this mean? It means I am looking ...
james16 Chart Thread
- tradertt replied Sep 9, 2009
Great post! Though I was under the impression that you usually don't trail stops for Daily and weekly in your post (My Exit Strategy) hehe but guess it is discretionary
I will read it again and again to learn from it. Thank youjames16 Chart Thread
- tradertt replied Sep 9, 2009
Got it .. So you will be babying the trade as you always put it to see any signs of weakness
james16 Chart Thread
- tradertt replied Sep 9, 2009
Hey Mike,
Just wondering, would you have taken the trade that you showed in the picture as from what I understand, it seems like it is the "falling knife" thing that you guys talked about and the Pin bar looks small in comparison to the rest of ...james16 Chart Thread
- tradertt replied Sep 9, 2009
Hi guys, got a question I have been thinking about for the past 2 days and could not seem to get an answer. Hope I can get some Enlightenment here .... *meditate*
When we enter a trade, we will draw out the potential trouble areas that we think ...james16 Chart Thread
- tradertt replied Sep 7, 2009
Guys was thinking about entering this DBHLC but passed on it but want to hear some comments on what you think Swing High Relative space (not a lot) a bit of sideways motion just before it Fib retracement of 61.8 MACD Divergence Overall in a sideways ...
james16 Chart Thread
- tradertt replied Sep 4, 2009
Thank you.
You are fast ! It is a weekend .. time to enjoy ! So even for silver it would be the same ?james16 Chart Thread
- tradertt replied Sep 4, 2009
Hey guys, just wondering in GOld and Silver, when we say we set our entry 10 pips above the high for entry - How much is it for Gold and Silver should I set it away from high?
james16 Chart Thread
- tradertt replied Sep 3, 2009
Guys need your advice — Hi Guys, I need your advice. How would you manage this trade? I am not too sure if I should take half off the table at this zone when I got in on the BUOB On the H4 for the NZDJPY or should I just do a 2 bar trail?
james16 Chart Thread
- tradertt replied Aug 31, 2009
Thank you for the advice.
Though to me (maybe it is just my point of view) that PA still shows to me that price has gone up and is rejected strongly down by the huge tail. maybe I missed out on the fact that the tail is not protruding out from ...james16 Chart Thread
- tradertt replied Aug 31, 2009
P.S. To all in the PF Does it have lots of videos for me view hehe
I am ready to join it! and study more indepth on this topic.james16 Chart Thread
- tradertt replied Aug 31, 2009
Whenever Jim mentions divergence in his webinars he says the same thing. Divergence will kill you in a trending market. Rac also says that divergence is the account killer because it can simply go on and on and on as price rises higher. So can I ...
james16 Chart Thread
- tradertt replied Aug 31, 2009
Actually that was what I saw when I was stopped out... lolz But it was on hindsight
that I saw it
But I tend to agree that yes it was that line that it fell perfectly to. Should have taken the break below it if it did break below it .......james16 Chart Thread
- tradertt replied Aug 31, 2009
Thanks for the insights. I was wondering, cause I was trading on the H4 timeframe and that bar itself killed me off
When we don't see a hard break as Sir Jarroo says, what are our options, like in that case, it was already stopped out on the next ...james16 Chart Thread
- tradertt replied Aug 31, 2009
P.S. 1 more thing: Tell you the truth, I personally very rarely trade trend reversals if there is no divergence. But I still remember that it is a killer if I use it alone on trending markets. Would you mind elaborating a little bit more on this?
james16 Chart Thread