Great trade, gold trader! No Beob that I can see cprao. I could be wrong.

james16 Chart Thread

Thanks Mike, Thats what I suspected but wanted to be sure. I'll be sure to check it out. I love those videos.

james16 Chart Thread

Hey Mike, Where did you enter on this chart? Was it a touch trade? or did you enter on a lower timeframe?

james16 Chart Thread

I'll second this. The cost is much less than the losses that some will take due to not fully understanding the J16 style. I also use it to practice on the weekends or when the market is closed.

james16 Chart Thread

Hope everyone has a good 4th of July weekend. Good Trading Mike

james16 Chart Thread

Hey Supreme, Good to see you here. Didn't know you followed Sir. Fti's teachings as well. Hope everyone here has a great 4th of July. Good Trading Mike

Technical Analysis Fallacy

Heck Ghous, I didn't even see the divergence or the Head and Sholders. All I saw was the support around 1.22 and that it closed above it. Thanks for pointing those thing out. Gotta look more better next time. LOL

james16 Chart Thread

Thought I'd post this IPB I took. The only chart I looked at last night and this caught my eye. Thanks Ghous! got 50pips on this one. I call these "Ronco" trades "Just set it and forget it" LOL

james16 Chart Thread

Hey Jig! Can I get this "pinbar" indicator?

james16 Chart Thread

Hey justht, I have a link to a pdf version. PM me if you would like it. Good Trading Mike

Technical Analysis Fallacy

Fti, I'm glad you were not offended. I believe I understand your frustration. I have owned 2 business's and I coach little league baseball. I am not as well versed in the bible or trading as yourself, but I believe, if you save only one then your ...

Technical Analysis Fallacy

Thanks GEfx, agreed. I never like offending someone especially in their own house. Just wanted to make sure I apologized if I had. Good Trading Mike

Technical Analysis Fallacy

Fti, I sincerely hope that the first chart I posted was not what offended you. The lines are a product of James16 teachings, which was the first profitable trading that I experienced. If I have offended you, please accept my apologies. Good Trading ...

Technical Analysis Fallacy

GEfx, The software I am using plays the historical tick data one tick at a time. so the candles form just as they did the moment they were formed in the past. The trades that are placed are as the candles and formations occur. Just as in a live ...

Technical Analysis Fallacy

Ahhhh! Thanks for the clarification Auxesis.

Technical Analysis Fallacy

GEfx, Thanks for the chart markup, it's amazing how obvious some things are when pointed out. Definitely something I should have been aware of.

Technical Analysis Fallacy

Thanks for your comments Gro. I'm not sure I understand what you mean by "cover your back"? If referring to the date of the chart. It's a simulator that uses actual tick data from 2001 to present. No sense giving my money away until I have a firm ...

Technical Analysis Fallacy

Gro, nice reminder "line is not a wall" Would the following chart be the proper way to scale into a trade? Criticism welcomed.

Technical Analysis Fallacy

Gefx, Thanks for your comments as well. Still getting in touch with the 5min charts. I am enjoying the discussion following very much. Interesting to hear how others see the charts. Good Trading Mike

Technical Analysis Fallacy

Incredible,Fana,Serpent Thank you for your comments. The retouched charts are especially helpful. Will post another later.

Technical Analysis Fallacy