That is a great advice! It does get me really worried seeing these intra day charts with fake out setups as that's obviously an advanced version of the J16 basics being applied on advanced time frames. Its still the same PA all round, but each time ...

james16 Chart Thread

Hey N, You're so far away from the source (LLS) that this becomes a very tricky trade. Specially as its headed straight into major trouble. It would make the most sense, IMO, to simply wait for a retest of the LLS. g.

james16 Chart Thread

They work on all time frames. I am actually spending a lot of my R&D time practicing on the hourly charts these days (prior to the year end holidays). At least the more general "pattern" repeats itself everywhere. The most aggressive version of the ...

Mastering the Art of Trading

I do like that BEOB. Making a strong case with that obvious BRN target g.

james16 Chart Thread

The 4 hours of side ways action isn't that telling because it came of the last few hours of the week's trading activity. In situations like these, its very common for price to momentarily take off, only to pull right back to the business area for ...

james16 Chart Thread

Slightly tricky because of that persistent down trend but I like how you're using your round numbers and Mas there to keep it tight. g.

james16 Chart Thread

Just Opened my charts up after a good two weeks of time off. Its Sooo good to get back to work and I refuse to let this happiness subside easily. After all, I know the bulk is right now fretting and dragging their heavy backsides on to their sick ...

james16 Chart Thread

Watch out Mike. You had more than your due share of snow last year if I can remember correct. How I wish it snowed here where I live too. g.

james16 Chart Thread

Wishing everyone a prosperous 2014. Trade hard, party harder. Importantly, everything that you do, make sure you love it. Amazing things happen when your heart goes into something. Been on the side lines the past two weeks. Looking forward to a ...

Mastering the Art of Trading

Nice. A pull back to the 9000 looks on the cards. Still on the sidelines till the start of next week. Hope you've all been having a rocking time these holidays and wishing everybody a fantabulous 2014! g.

james16 Chart Thread

I thought so. Thanks for the clarification. PS: Maybe its a good idea that we refer to this particular fake out pattern by the japanese name so people don't confuse the different methods and worse still, think of them as the same. g.

james16 Chart Thread

Have a great 2014 yourself Damien! I am so looking forward to this year, as this will, in many ways, create the biggest impact on my life. Wishing the entire family here, lots of happiness and fulfillment of dreams for 2014. g.

james16 Chart Thread

Apart from the additional hassle of duplicating your trading actions, I think that's a good idea. g.

james16 Chart Thread

I see no fake out. You're either talking about fake outs in the context of your own method or have completely misconstrued mine. Saw a chart earlier from Fxyogi that got me thinking the same. g.

james16 Chart Thread

Very valid points to justify your stance, but there could be equally convincing arguments for maintaining discretion in your trading. Again there is obviously no one size fits all that we're trying to get at here. It really depends on what works for ...

james16 Chart Thread

Hey Michal, You got a good response from Lamer trader. There is actually a very good reason we always stress on the new traders to start their J16 journey from the higher time frames taking only very few high probability setups and build some ...

james16 Chart Thread

The crux of our setups is never the bar, but the overall story behind the bar that makes them credible. This means that there is almost no chance that a trader looking at feed A will spot a well built BEOB and a trader looking at feed B will spot a ...

james16 Chart Thread

You will need to get in touch with Mike ( username: mbqb11). In the absence of James he has been taking care of all PF matters.

james16 Chart Thread

Hey Dan, The most popular performance tracking application seems to be myfxbook.com. Its easy on the eyes and tracks a whole a bunch of numbers for you. It also automatically recruits the trading details directly through the platform without you ...

james16 Chart Thread

I don't trade inside bars myself. I personally feel pin bars and the outside bars contain more information and are a bigger chapter to the over all story compared to inside bars. Doesn't mean they are less reliable, but that they are slightly more ...

james16 Chart Thread