One step at a time — Take it one step at a time. Get that take profit in there at the FTA. If a good percentage of your trades hit that target, start looking at taking partial profits and let part of it run. Then look into other exit plans. ...

james16 Chart Thread

Thoughts on CADJPY setup — Just wondering what folks think about this set up. I do not currently play IBs but, this was interesting. I am not taking it just looking for thoughts. CADJPY D1 Bearish bar could not close above VBRN Now an inside ...

james16 Chart Thread

Yeah, took a full loss on this one. Guess that 1.28 was just to much today. Plotted that dashed green line for a reason I guess...

james16 Chart Thread

Can't agree more on both points.

james16 Chart Thread

Thanks for the detailed response. Working on not on moving to BE instantaniously. Trying to use the 2 bar stop to help break the habbit. Did three years of simulated traing in Forex Tester and like it on the 4 hour but see the need for wathcing ...

james16 Chart Thread

USDCAD 4hr BEOB thoughts and 2 bar stop question — What are peoples thoughts on this BEOB on the USD? I see parity, which is a nice PPZ, the 38.2 fib from the last swing high, and a minor PPZ all for resistance to a bearish move as confluence. ...

james16 Chart Thread

EUR CHF breakout — I quick chart of my last trade. EUR CHF 4 hr. BEOB engulfing the entire consolidation zone. Closed below the PPZ near 1.37. I got in on the break with a tight move to BE then let it run to the BRN of 1.36 where I tightened ...

james16 Chart Thread

You are welcome. Hope I can give back a fraction of what this group has given to me.

james16 Chart Thread

Book title — Book title: Support and resistance: Stepping into profitability by James 16 et all... Caesar

james16 Chart Thread

GBPUSD 4 hour fun — Simple little trade. BUOB at a swing low with some divergence touchig the 150. Would have been better if it closed above the 150. Small retrace on open to the past bar high wich matched a bar low a couple of days earlier ...

james16 Chart Thread

Not for me yet. Just do not have the initial capital to make enough to live off of with a wife, mortgage, car payments, etc. Right now the plan is not to live off forex but to suppliment the income while saving to one day live the dream....

james16 Chart Thread

Yeah, long time lurker. Long time Lurker in the PF also. This silly day job gets in the way of me being to active. For some reason they like me working for them not myself when I am here, hmmmm.... Of course reading this thread for the last 4+ years ...

james16 Chart Thread

Quick and simple — A quick look at GBPUSD 4hr Bullish Outside Bar off the BRN of 1.5 Long on the break. Moved to BE plus a little at the FTA. Now stopped out for a small gain. Trade was not a loss. Oops looks like several beat me to this one. ...

james16 Chart Thread

GU breakout - thoughts — Here is a trade that I took earlier, it worked out but, I wanted to get some thoughts on the set up. This is the GU on a 6H timeframe. Price is in a short and longer term down trend and is consolidating. I saw the IB ...

james16 Chart Thread

Absolutly amazing hockey!

james16 Chart Thread

An easier way — I am using a demo of MT5 which allows many more time frames. 2D 2H 3H 8H 12H etc.... It is customizable HTH

james16 Chart Thread

EURCAD — BUOB on 1.4700, Support from Sep 08 if you zoom out, plus divergence on the MACD. In on the break, I took full profit at the trouble area marked in blue for a nice gain. Happy Friday

james16 Chart Thread

J16ers know — NFP can be a tricky thing but if you pay attention to to the material in this thread you will know where things can go and why they go where they go.... Thanks James et all......

james16 Chart Thread

Happy Friday — Nice simple trades. In on the break out right where we expect price to go.

james16 Chart Thread

The tough question.... — That may be the hardest question of all to answer, 'Who am I?' Once we answer that honestly the rest can start to fall into place. Then pips will follow.

james16 Chart Thread