hey Stephen, You are on the right track. The pin you pointed out is weaker than the one James pointed at as it was headed straight for a near by trouble area which you correctly identified. Notice how for James' pin, not only does it have confluence ...

james16 Chart Thread

My thoughts drift to the Oklahoma Tornado tragedy. I know James lives somewhere around that region too. Hoping and praying that we are all safe. g.

james16 Chart Thread

Niccee! You gotta love those "to the pip BAMMS!". Like price falling into the trap of behaving a little too perfectly for us and putting in danger the illusion of being random! Work of art those levels. g.

james16 Chart Thread

Yes that's exactly what its all about. Thanks patapouer g.

james16 Chart Thread

I see... I wasn't pointing at any particular post from Mike, but in general the way he talks about watching price as it hits trouble areas. The trades that he puts up here always show how he is using the concept of price reacting at trouble areas to ...

james16 Chart Thread

Hey Microtrader, Its never recommended to execute an action on your trade that stems from something that you see in another correlated pair, unless you are trading a system geared specifically to trade correlation. Yes many pairs move in tandem with ...

james16 Chart Thread

Hott!! g.

james16 Chart Thread

Hey Kenny, Not sure which link you are referring to. Do you mean the traffic vs space video over at the guest section of the PF? g.

james16 Chart Thread

Hey J, you thought correct. HCR is drawn off bar closes. On Pinbar's chart he indicated the HCR by the shorter horizontal line under the dotted line. You can see its off the bar close and is in the same spot as yours. g.

james16 Chart Thread

Hey S, Glad to see you want to learn to trade as opposed to depend on some one to manage your account. This thread will help you with that as we are a good bunch here always on the lookout to help each other out. However we dont go about this by ...

james16 Chart Thread

We still believe in teaching people how to fish rather than tossing them a fish each time for something in return. You won't find people in this thread campaigning for their commercial existence. We are here to help traders become better traders ...

james16 Chart Thread

Hey Stephen, Its your support TL vs the big major RN PPZ. g.

james16 Chart Thread

You can screw up at trading in two possible ways. Either you are too aggressive or you're too conservative. If you're too aggressive you mess up by over leveraging, over trading and over risking and if you're too conservative you screw up because ...

james16 Chart Thread

Hey Jim, I have. But the wizard uses the ATR 1) as an emergency stop and 2) on the 1H time frame (I guess) I am actually looking for a regular hard stop and deeply involved in analyzing some interesting results and thoughts in the little time that I ...

james16 Chart Thread

Win percentage is important yes. Its more important for us J16ers than R:R exactly for the reason you specified. Often people want to trick themselves by thinking that they will tackle a 35% strike rate simply because one winner will wipe out many ...

james16 Chart Thread

You hinted on what could well be the reason for you not breaking out of the BE circle. You said... You are stuck at BE possibly because you are still too tied up with the numbers that translate into profits and losses. Instead of letting the market ...

james16 Chart Thread

Hey Hiten, While Mike's away, I want to give it a shot and I am sure he will add his valuable insight to this when he get's back. James based on his decades of experience is really good at picking even the mediocre setups and because he is playing ...

james16 Chart Thread

Hey Trigger Good to see you dropping by. Should do it more often... g.

james16 Chart Thread

Hey Nake, That does look like a strong looking 2 day Pin / 1 day BUOB. However notice how this could be tricky, because its not exactly headed into a open space. The biggest source of worry for me would be the the bullish BUOB low near the 9350 area ...

james16 Chart Thread

Hey Mark, The point of more trading opportinities via watching more pairs pertains to the higher TFs. Of course with lower TFs issues like spread will play a major role in restricting the range of pairs you can trade. Since youre dealing with more ...

james16 Chart Thread