Don't stress Shay, we are waiting for a retracement anyway on this pair. I played an Outside bar or Inside bar (can't remember!) and I'm out, waiting for a good re-entry. Wasn't expecting to have a trade at the point. It just showed up in front of ...

james16 Chart Thread

They are ALL potential trading points. You wait for something to happen at those points before placing / exiting a trade . They are most powerful when they align with another one. i.e. Weekly in same area as Daily, or Monthly Personaly, the only ...

best time frame for pivot point

No. It's because most don't have the right attitudes and emotional reactions.

The reason why 95% of new traders consistantly lose money

Arrgh! Bloody alerts! WAS having the best sleep! Enough to make you ....Looney At least they were "Happy Alerts" Time to protect some profits.

james16 Chart Thread

Great minds think alike. lol I've drawn mine as just a support line though, wasn't looking at the H & S. I've grown to like the looney recently. It often does its own thing.

james16 Chart Thread

Hi, Someone will gladly help, but there's something wrong with your image mate.

newbie divergence questions

This isn't that bad. — Sorry everyone, but I think a lot of those functions make sense to me and are expected. For example: "Watching symbol gaps, during which pending orders BUY STOP and SELL STOP and stops of open positions are activated not ...

MT4 Brokers' Virtual Dealer Plug-In

Hi KrazyD, Learn as much as you can here first, (or until you can't contain yourself anymore. ) before joining the PF. The James16 Group is awesome. Was when I was last a member over 18 months ago and I KNOW it's improved dramatically lately with ...

james16 Chart Thread

Drummer, Awesome thread, man! You've already upped my understanding on Neural Networks and programming them. I'm supposed to be doing other things! ...Damn you!!! ...kidding. LOL I'm going to enjoy this!

Price Analysis with Neural Networks

By the way, I played with these last night. For about 5 - 10 minutes. Realised I'd done it before (long time ago) and came to the same conclusion. "NEXT!!"

Using Oanda FXBoxOptions Profitably

Merlin would also have in mind real options trading. When you add the advantage of being able to write your own calls and puts too, you create a whole new range of trading strategies.

Using Oanda FXBoxOptions Profitably

Hi araouf, Like Mike mentioned, he'd wait for a breakout/pullback either of the top trendline or of a stronger support area (his orange line). As for the pin your pointing out. It's a great example of a pin happening for the wrong reason. If I ...

james16 Chart Thread

Take note of what Phil McGrew and DarkStar are talking about in that first "Successful Box Option Trades" link. There is no doubt that any kind of reasonable movement in price would make these a "rip off". Typical of brokers when introducing new ...

Using Oanda FXBoxOptions Profitably

This is a co-incidence. About 2 days ago I logged into my Oanda Demo for the first time in probably 12 months. Was playing with box options. I DO have idea on how you could play them . The only advantage I can see getting from them is when price ...

Using Oanda FXBoxOptions Profitably

I use targets MOST of the time. Occasionally I see a trade I want to let run. If you ask me there's no right or wrong way on this. You trade the setup the way you know works best for that particular case. Mike's pretty good at lettin' em ...

james16 Chart Thread

I can't belive I left MM out!! Thanks luSan. There are really good posts on Money Management out there. Check them out. It sounds boring but it's difinitely key!!! Powerful. Very important. i.e. Even risking just %1 of your account can get you ...

This Has Probably Been Asked 100 Times But..

Awesome eh? It won't guarantee you success of course, but it'll start you on a better path than most traders head down. REALLY let it sink in. He's telling you more than just "trade this bar pattern". Re-read it if you have to. ( I have many ...

This Has Probably Been Asked 100 Times But..

Hi, Indicators confuse you? They are all prone to whipsaw. Some people are successful with indicators, but you don't need them to be a great trader. Check out Jims thread.... url A very generous professional trader with proven experience and ...

This Has Probably Been Asked 100 Times But..

Hi Tiki, If I can make a suggestion? Don't think about the %13! ...In fact stop thinking in account balance targets full stop! Been there, rarely do it now!! It's hard not to see brick walls at round number balances etc. (Or the big one... the ...

Tiki Trader Trades

Too right. Have been cautious since we hit these Weekly EMAs. I agree with Cable pulling the strings. Was doing the same Friday. Missed AUD too. ...But more stupidly, at one point last week I was watching the trend line it's just bounced off! LOL ...

james16 Chart Thread