I actually think that's a pretty good thought. The more value someone holds to their cash, the harder time they'll have. If you look at money as another tool, then it becomes much easier.

james16 Chart Thread

Jiggawhaaattttt?!?

Lesbian

Sometimes, brother, the advice you give is the best advice for yourself. It's funny how that works. Make sure YOU bookmark your post so it doesn't get lost in the annals of James16 thread- I know I just did. I agree with Mike too- awesome post. Oh ...

james16 Chart Thread

Damn Ghous, that's a sweet short. I did the same but at a way lower price on the break of the BEOVB and only half my normal position size because we didn't get the retrace. And Benji, damn good call on the cad/jpy.

james16 Chart Thread

Hey Ben what's happenin man? Not much here brother, just checking these sad looking dailies... and yeah, I'm seeing 85 as a PPZ too. If I get bullish PA there on the 4 hour (lower timeframes), I'll close out shorts and go long again on a break ...

james16 Chart Thread

It's looking like the end of that run up on the cad/jpy from three days ago and now the run back down to the 84 area. Easy money. Who didn't see it ending there? Cluttered up chart but it serves a purpose for me.

james16 Chart Thread

Awesome post Bundy. These past couple pages have been amazing to read. I'm loving the psych part coming out of everybody (the most important part). Charts are just bars and that's it. It's how you interpret that info that makes or breaks you. Lovin ...

james16 Chart Thread

I saw the pin close, saw the price action on the lowers, then waited to get in until 1.8000. If the pa on the lowers (4 hour) were right, I would have entered on the break of the pin bar and then again on the close of the IB. That wasn't needed ...

Gbp testing on daily I4Bs.

Yes sir, I would have taken that as a trade if I had been on here for the break high and, you betcha, it would have been a loss after I saw how the next daily closed when I went short.

Gbp testing on daily I4Bs.

Okay I just read a good chunk of your post history and I think I grasp the concept. Good stuff brother! Basically, you take the daily I4B and drop down to the 4H where the consolidation will be clear. Box it off. Then wait for a close outside that ...

Gbp testing on daily I4Bs.

So true. It took a MASSIVE beating for me to not follow others' analysis over my own about 2 years ago. I remember trading the gbp/jpy and I followed a highly regarded trader (in my eyes, and still is) into a trade, wondering "Man, this doesn't look ...

james16 Chart Thread

Yes sir, I doubt it'll happen today as well. Like I said, I'd be waiting for daily reasoning behind a long trade and thus far, there is none for me. My trades are going to be done at 1.6525 at prior bar lows. From there, it's just a waiting game in ...

Cable Update (GBPUSD)

I'm definitely on the same page with the consolidating dailies. I can't wait for it to get juicy. And Mike is right when he's talking about round numbers. It's ridiculous how often price will bounce at them. On trading higher timeframes, I've always ...

james16 Chart Thread

Since I'm new to this conversation and haven't insulted or made snide remarks, I'd like to ask why? I like the attitude of "reaction" rather than taking sides as that is what we are meant to do in this business. Everybody has a boss and MY boss is ...

Cable Update (GBPUSD)

Wow, that's how yours closed Tone? This one looks way better. lol

Cable Update (GBPUSD)

1.6525-30 is an area to look out for IMO. What do you think Aaron? I'm out once we reach those bar lows for 50 points. I also agree with you that this isn't enough to warrant a reversal. I only look to the daily for those on a break. I can't wait ...

james16 Chart Thread

4 hour g/u chart looks solid IMO. On the 50% from the last move up as well. Looks good for you basers out there too.

james16 Chart Thread

Yes sir. I notice the fake breaks all the time IF you are only looking at one time frame. Say you are trading on the daily and see a break, switch down to the four hour and you'll notice a LOT that it will show as a pin or or bearish/bullish bar ...

Gbp testing on daily I4Bs.

I like this on one of your very first posts in this thread, Igrok.

Igrok Method. Q's & A's. Comments, thoughts and ideas

Got in on the 4 hour bullish action on the eur/jpy and the aud/jpy. I'm targeting the tops for these pairs. 138 and 82 initially.

MW's trading journal