I guess that means that's an issue with an update from metaquotes then. g.

james16 Chart Thread

I have been having a strange problem since the last few days with my charts. At first I thought this was an issue with the broker but I am having the same issue across all mt4 platforms that I have of various brokers. When I switch between different ...

james16 Chart Thread

lol. Don't look at me like I have stars on my head, glistening translucent wings and a magic wand in my hand. This is still only my own analysis. If its still unclear, I just wanted to spark a discussion (for the sake of everyone's learning) ...

james16 Chart Thread

Impressive Steve! Although I was looking at the more tighter consolidation box more evident on the daily. But yes, the fact that we broke north out of a consolidation box was another aspect I was looking at to explain this failure. g.

james16 Chart Thread

and it took two bars to break which always hints at the lack of momentum (to me) That's one of the things that occurred to me as well. So we are on the same page Jon. g.

james16 Chart Thread

Yeah ok but that's not a price action explanation for why it didn't work. What you are talking about are the variations from one trading session to another but what I am trying to steer the direction towards is, the reason why it didn't work as ...

james16 Chart Thread

Let's see if we can decode why this didn't drop like a stone. What do we have: 1) A pin bar as good as it gets 2) 150 EMA First time back (i.e a BASE setup) 3) 19.5 RN (and the pin bar closed under it) 4) Some space. 5) Fake out of the former swing ...

james16 Chart Thread

very well. This broker seems to be attracting the target market it wanted. Good for them. Considering the bulk of traders who come from the same pool, it should actually be very comfy to sit around in a virtual office and let traders donate all the ...

Trader's Way

Fair enough. Keep us posted on your progress g.

80-85% net winning percent. Should I move on demo?

Hey Aariz, I wouldn't trust back testing all that much. Its impossible to avoid "after the fact" bias. I would strongly urge you to forward test the method on demo and see how it goes and whether you're getting your 100 trades a month. It would be ...

80-85% net winning percent. Should I move on demo?

This was CAD/CHF 4H, Price pulling back to the 9000 area + LLS + divergence (implicit). Although the IB occurred under the 9000, the preceding action confirmed lack of any bearish interest, and a slowing up of momentum in this particular scenario ...

james16 Chart Thread

Hey Jon, I totally agree with you in that IBs show a halt in momentum but aren't always indicative of lack of order flow or buying and selling. A tight range on the bar may also be reminiscent of a very tough head to head battle between the bulls ...

james16 Chart Thread

Hey Steve, My attraction to SFPs was triggered by the inclusion of it by Tom i.e the wizard from the fail better thread, in his methods. While he was the one who provided me with the idea that it had the potential to be systematized, the roots of ...

james16 Chart Thread

Hey Giggles, There is always a long way to go. When it comes to learning and acquiring knowledge this is, or rather should be, an endless journey. That's why following your passions is so important. If you are passionate about something its only ...

james16 Chart Thread

There is a strong reason why I don't prefer to talk much about SFPs here at the J16 thread, even when it is the primary trigger for all my trades now. Its the fear that newbies learning the J16 basics will get carried away and use an advanced ...

james16 Chart Thread

Hey Giggles, I am quoting from my previous response to the same setup: It was always going to be very tricky going long under the huge support trend line. The one thing that would have added to the strength of the setup would have been a nice early ...

james16 Chart Thread

Hey Giggles, Yes it is. I particularly like the consolidation that its in and the fact that its right off the 2000 BRN. Notice also how price was dropping like a stone till it recently hit the swing low and the support trend line. Very strong ...

james16 Chart Thread

Dang Mike! That looks awesome. Great stuff. g.

james16 Chart Thread

That is a beautiful trade. Jarroo calls these special HCR levels as "Dual action areas" because you have two HCRs lining up on the same price level, obviously adding to the strength of the level. Notice also that the pull back to the HCR also marks ...

james16 Chart Thread

Its great to have you back! Saw that all too familiar display pic of yours and was smiling. g.

james16 Chart Thread