Back to trading today, not as much news crap. took 2nd arrow PB for +20, my risk is 2% with 20/20 pip R:R.

james16 Chart Thread

I trust DBFX with more then that and here is why. Deutsche Bank has offices in 76 different countries Over 80,253 Employees More than EUR 2,000 Billion of Assets No 1 Foreign Exchange House in the world in 2005, 2006, 2007 and 2008 (Euromoney FX ...

james16 Chart Thread

Yep still crazy this week vix @ 70 = stay out, you can get lucky and make money but I don't trade on luck

james16 Chart Thread

So did you get stopped out then it sold? Don't lie now

james16 Chart Thread

I will say if you trend trade the longer stuff you will be kicking ass, just remember that we may freefall a few more weeks but when it flips it will be pretty fast so just keep a eye on it. Also markets go down 3x as fast as they go up as a rule

james16 Chart Thread

Still not trading, you guys do good in big swings I do good in the 90% when we dont have these huge swings I guess i am too lazy to change my 10 / 10 pip gain/loss to 40/40 lol.

james16 Chart Thread

Good post, in normal markets these trades look great. But without having any idea on what may happen I would stay stick to trend stuff or do a VERY quick in and out, the only problem is your risk is going to be high so a stop of say 150 pips = +150 ...

james16 Chart Thread

Poker is a lot like the market to be honest, I am lucky I have the brother pro poker player to thank I just went a different direction. If you want you can ring the register when it's hot, I used to over and over on the S&P my goal was 3-5 a day but ...

james16 Chart Thread

Yep I like the 2 bar high trades a lot as well as the bearish bar is larger then the bar before it.

james16 Chart Thread

Good stuff, I did the bill williams stuff with fractals about the same as this. It's funny because I think once you can trade you really can trade any system, 5min weekly tick, CT, Trend, whatever. I have done it all now and made money doing it all.

james16 Chart Thread

Nice job, you got any charts or what you are doing? Just want to see others take on it.

james16 Chart Thread

Good post and yes I will run trend trades until this lets up, on -500 on the dow you HAVE to be getting short the EUR/USD and oil. Now when we go back to +50 - 50 down days or as I call it "SLOP" then I will CT a lot more due to not having a trend. ...

james16 Chart Thread

Too many trades for me, I used to scalp the S&P like that CT trading, 3-5 a day was the goal and .25 to .75 per trade was a lot of work

james16 Chart Thread

The market is not the norm right now. I watch the 5min charts about 6-8 hours a day and I got 2 quick trades in last week for +4% but most of the time I get 8-10 trades, so far 0 trades today, all huge bars and huge risk.

james16 Chart Thread

Nice TREND trade! Now stop being stupid with the counter trend stuff and make some money

james16 Chart Thread

Yep and people lose everyday on this thread doing it but they never learn. Once people understand how to trade a trend then they start to make money, until that happens they will lose over and over. I watched you post that trade and looked back and ...

james16 Chart Thread

Great post as always Mike, and the shorter the time gets the faster you have to act. Don't chase a trade just pass it if you miss it. The problem is if you miss a trade the next trade can be forced, then you lose on the one you took and lose on the ...

james16 Chart Thread

I know Oleman, was on avidtrade for about 5 years. He is talking about the S&P market and yes I did CT for years and made money but the S&P is A LOT DIFFERENT then the futures market, the ES moves different, a LOT different as I have traded both ...

james16 Chart Thread

I have been out the past 2 days because of the market madness and will come back once we stop having 400 pip days

james16 Chart Thread

Oleman was great, if you know avidtrade Tepid2 was my mentor back in the day

james16 Chart Thread