It depends on how much money you could lose really. If you are dealing with significant amounts of money you may want to use a service provider who caters for businesses and the improved service level agreement this will provide (high availability ...

how to avoid internet outage losses?

Do you consider the GBPJPY a good setup Mike? This is not profitable yet unlike the ones you posted so would be really interesting getting your opinion before the trade plays out. thanks

james16 Chart Thread

counter trend

james16 Chart Thread

Take some time off trading and relax. Markets will always be there.

USD/JPY Discussion

Thanks for answering. Why not use something like collective 2 to log your trades which would give the proof that you mention that J16 style works. This medium is educational but doesn't prove anything if stop losses are moved etc after posting. If ...

J16 Type Trades

20k.....wow thats some serious coin. Much bigger positions than most on forex factory I'm sure.

james16 Chart Thread

Ryan, do you trade any other markets than Forex?

james16 Chart Thread

Thanks for posting your trades With your EURAUD if break even was 7635, and you locked in 40 pips how did you not get stopped out as price moved 3 -5 pips past your stop loss according to Interbank FX and Oanda. Nice that you got 300 pips anyway, ...

J16 Type Trades

Mr Smith Thanks for your reply. I didn't just ask about back testing. I asked you if this method of trading has a discernible edge with a proven, positive, expectancy and if you use asymmetric leverage (as you said only 1/4 risk on this trade). You ...

james16 Chart Thread

Couple of questions for you Mr Smith. 1. Have you back/forward tested these setups and proved a positive expectancy over a reasonable amount of time as see this is not typical James16 material (playing a failed pin bar in this way). 2. Do you always ...

james16 Chart Thread

You are obviously very successful trading price action so I look forward to your posts

james16 Chart Thread

I would be delighted to learn from you if you would be so kind as to post your trades as they happen as people like Jaroo do.

james16 Chart Thread

I personally did demo for 3 months successfully as recommended in the private forum when I was a member. I now feel that I was just lucky over this time period as I have been trading live much longer and pin bars have not been profitable for me. ...

james16 Chart Thread

Hi FXgrinder If one was to enter a trade with a random entry criteria such as "every time your favourite football team scored a goal go long", for one month, with a 1:1 risk reward ratio there is a reasonable chance it would be successful over such ...

james16 Chart Thread

For sure, trading pure J16 private forum style and taking small profits but having big stop losses has been a nightmare in these current market conditions. At least your way of trading can withstand these hard times as you let your winners run.

james16 Chart Thread

Hey Mike The bar low I have highlighted on my chart is at 1.4571. If we waited for the break of the 1.4550 we have this bar low to contend with 21 pips later. Why not wait for 1.4600 to break as it is a double zero? I did not loose anything btw as I ...

james16 Chart Thread

Re the failed EURUSD pin bar today. There is nothing in any of the material both on here, and in the private forum **, about not trading against a strong downtrend. On the contrary, it is taught that we should look for "space" around the pin and in ...

james16 Chart Thread

Thank goodness you didn't hold onto it longer. 3% is not so bad Tiki. The GBPJPY beast has bitten me many times too. FXP

Tiki Trader Trades

Did you close this one Tiki? How far do you allow the market to go against you now? Do you have a fixed rule? all the best fxp

Tiki Trader Trades

I have closed my shorts and will re-short if the gap is closed. Will add to short if the triangle is re-tested. It could easily hit your target but thats my plan. cheers FXP

USD/JPY Discussion