James himself loves his day trading. Its not about choosing one style over another as a coercive rule for trading as per James16, we just emphasize that new people start off with the higher time frames as that just makes the learning process that ...

james16 Chart Thread

Very true Dan g.

james16 Chart Thread

Hey P, Nothing wrong with keeping all your practice and tentative testing for the demo. If you can ensure that it doesn't distract you from your main objective initially which is to hunt for that consistency on the higher time frames, then surely ...

james16 Chart Thread

hey Jibson, That was a tricky trade you took. Its a breakout oright but you were actually heading into a dual swing low right away on the 4H as well as a bigger consolidation box on the daily. image image The pull back point made up for a ...

james16 Chart Thread

I see you have quite a few pending orders in place here. For the sake of keeping it nice and clear for the new people here, it helps to explain the merit behind trade entries specially when they are not explicitly and directly in line with the basic ...

james16 Chart Thread

I think there could be more to this bullish move here. More appropriately put, looking at the daily I tend to feel there is a more solid reasons for sellers to come in at the 9700 area than where price is currently at. image image g.

james16 Chart Thread

The wedge looks valid but I am wondering how "you're waiting for PA" when you already have a pending order in place? g.

james16 Chart Thread

Hey Dennis, since I personally don't follow that information its hard for me to objectively pin point a source. Bloomberg maybe? Again sorry for the lack of definition. EDIT: ahh.. there you go Dennis. Fudd to the rescue! g.

james16 Chart Thread

Hey P, Yes adopting a picky attitude can take time and a LOT of adjustment. It is rewarding in the sense that I don't know of any other means to achieving a considerable degree of consistency with your performance as well as gain confidence. You ...

james16 Chart Thread

Hey Jibson, I do use an android phone in addition to my desktop. A pretty basic, Samsung Galaxy Y. You can't quite "analyze" a trade with the charting you get with most platform phone apps due to limited features and of course the small screen size ...

james16 Chart Thread

Hey P, Glad I could help. We see a lot of new people and from all kinds of backgrounds. Some that are literally as new as a bud and some that come here with a battered bruised past. I myself, was from the latter. The good thing about this place ...

james16 Chart Thread

Hey Jibson, Its the common notion that order flow trading has to be the key to the treasure box and the missing piece to the big puzzle of consistency and success in this business. Some of this is true. Yes, learning about order flow gives you an in ...

james16 Chart Thread

I was trading order flow here without even consciously knowing about it until I dug deep into the order flow threads here at FF and other resources. I think the J16 group and the instructors here have a great way of drilling down the basics using ...

james16 Chart Thread

Its not a habit. Its instinct. We are all in this for the money and no matter how hard we try it always "feels" to get out of a trade when it was worth for more, or hang on to a setup when it was worth for less. In the end, its natural to feel bad ...

james16 Chart Thread

WOW. Hugely optimistic target on that trade. But I am happy to see you point out those consolidation boxes that well. They are surely not likely to allow price a clear path through to your TP. Time will tell. g.

Mastering the Art of Trading

First off, great to see you getting hold of a runner. Here's a chart with my thoughts: image Again these are just my thoughts and how I would be treating the trade. You know how trade management can vary tremendously based on one's own ...

Mastering the Art of Trading

I don't mean that you can't trade trend line break outs successfully. I mean, that trend line breakouts and pattern break outs make up for stories in themselves and while you can use them as confluence for your fake out trades, merely delaying ...

Mastering the Art of Trading

Yes no one would replicate my results exactly, they'll probably do better or worse. But still you can always go for a general idea of what to expect out of a method g.

Mastering the Art of Trading

Hey Walad, Not sure exactly what you would like to know. My strike rate has been around 60% mark for daily trades, about 40% for trades under the daily. the average number of trades per month is about 6 trades. It has recently took off a little due ...

Mastering the Art of Trading

Yes I can see what you did there. What I am saying is, for me the entries can't be that delayed unless they come off of an independent story themselves. g.

Mastering the Art of Trading