That's the problem. Luckily you don't really need them. When they happen like this though... (my chart) This was drawn in a couple of weeks ago. I just changed it to yellow now to make it obvious which one I mean. Have only taken two trades off ...

james16 Chart Thread

Mate, you don't have to be learning to miss awesome trades. It will happen for the rest of your trading life. Trust me. lol

james16 Chart Thread

Forgot it was a start of the month Friday. Should just go to the pub.

james16 Chart Thread

lol My line backfired. lol

james16 Chart Thread

...fixed. Mike's a regular dream-boat you think?

james16 Chart Thread

Chart time is good. There are set-ups I trade that come directly from knowing particular behaviours and their most likely outcomes in real time.

james16 Chart Thread

Hi Bun, You pretty much have it right. It can be either of those that will cause problems on the way up with the Yellow line being the strongest , since it took a lot more effort for that one to be breached upwards (It defined the top of the ...

james16 Chart Thread

I have no problem believing that's why they chose an eighths based system. Had no idea that was the reason until it was brought up here. And it totally makes sense. So thanks for that. When you mentioned it was because of the thumb, ...

james16 Chart Thread

I don't know about that. Wouldn't it just be easier to break a coin into 8ths? ...i.e. Break in half.... break those in half.... break the four of those in half again. Somehow I don't think the finger counting bit would be the motivator. lol

james16 Chart Thread

Not that type of "bugs me". Don't have trouble with fibs. It's just always better when everything lines up. ...More likely to bring no-brainer trades. I'm not just talking about fibs. PPZs and all that other stuff too. When they don't line up you ...

james16 Chart Thread

Yeah, I would too. That's what I hate about them. You have to draw that one in still since a profitable trade your in (say from the top) can reverse on you at those ones. Even though they aren't the best to begin a trade at. We at least need to be ...

james16 Chart Thread

Something off 4550 or so might be alright though. Not for me though. Bed. lol

james16 Chart Thread

Also... Just to point out something that bugs me. You've drawn the fib correctly... But I hate it when they are like this (RED marked Fib Range,my chart) ...So much easier to trade when things line up with the full range (GREEN marked fib range, my ...

james16 Chart Thread

Yeah the birdcage thing you had going isn't the best for a clear mind. lol It's good you are identifying all the potential trouble levels with them, but narrowing your lines down to the ones that will give the best probability trades is where it's ...

james16 Chart Thread

I seen your post earlier. I thought there was a bit much to fight against in the preceding bars there. Would be nicer if it lined up with that trend line you draw as well. ...Would have given it more oomph , IMO. ...Especially with the holiday ...

james16 Chart Thread

They certainly tend to give us a lot of pullback based bars that can trick newcomers. I don't discount Friday bars myself though. I think if you're careful with location and bar strength you can trade them like all the others.

james16 Chart Thread

FTA = First Trouble Area ...The area that price is first expected to pause at. Whether it's a previous bar low/high or PPZ or trend line or whatever. Without looking at Jaroo's original post I suspect that "no buffer entry" would mean that even ...

james16 Chart Thread

When the first Japanese fella first starting plotting candlesticks to represent the price moves of the day he didn't need anyone else to be doing the same. Did he? Your price chart is showing the footprints of the hurd. The "Where" and the "How ...

james16 Chart Thread

James trades the 2000-tick chart of the Dow and doesn't know of anyone else who does. He's done that for a loooooooooong time. ...Answer your question?

james16 Chart Thread