To Mike — Mike, i partially agree with you. Don't you think that could be useful also to take a trade and, then, try to understand what gone wrong? (Obviously this is valid only with a demo account) This could help a person not to make the ...

james16 Chart Thread

I understand, infact before putting my money in this business i want to be self confident with all of this stuff (PA, money management and a trading plan). The only way to do this is studying, practising, studying, practising, and so on ...

james16 Chart Thread

To josh and arcus — Arcus, i can't see clearly the weekly PPZ..can you post a chart pls? Josh, i still not have a plan I'm in the study and learning stage now, trying to understand if i'm able to recongnize good setup, and to ...

james16 Chart Thread

i agree — Jduester, i agree with you (again ). I will not take this trade, since i can't see any significative confluence, and i think it is quite in traffic (or not?) I prefer the BEOB on usdchf, what do you think?

james16 Chart Thread

BEOB on USD/CHF — Hi all, i noticed i nice beob (i think) on usdchf. Attached there is the chart. There is a confluence of PPZ, and 2 Fibo ret; any comments? Will it go to test the trendline? I think i will play it (demo) at the break of the ...

james16 Chart Thread

Backtesting — Lapin, first of all, i'm not a pro of this thread, so wait for more precise answer than mine. However, i think that automatic backtesting is not possible in this case, since we're not talking and managing about strategy with ...

james16 Chart Thread

Jduester, regarding the GBP/JPY I agree with you. The only way to play this IB is long; it's not the best setup due to the cons you've already mentioned. Talking about another pair, what do you think about the 4th assault of USD/CAD to the 1.30 ...

james16 Chart Thread

Will you take this trade if it'll close as a BUOB? And how? Wait for a retrace or the break of the bar?

james16 Chart Thread

2 possible pin — Hi all, what do you think about this 2 pin bar? (20 minutes to close yet) Would you take them? I personally prefer that on aud/usd..

james16 Chart Thread

2 PIN BAR forming — Did someone notice the 2 pin bar forming on the TF 4h on EURGBP and on GBPCHF? I prefer that on EURGBP since i can see a minor PPZ at 0,90 and a Fib confluence. There is also a divergence on MACD. Any opinion? PS: i know ...

james16 Chart Thread

I agree — I agree I only wanted to tell him that a private forum exists

james16 Chart Thread

About J16 PA — Hi Daresfile, the only way you have to study James16 PA theory is to read the thread, starting from the beginning! In the first pages you can find some basic principles, but if you want to learn more you've to read, read read, ...

james16 Chart Thread

How to play outside bar? — Hi all, i was trying to understand how to play the outside bars (BUOB and BEOB).. Do you wait for a retrace, or do you think it's much safer waiting for the break of the outside bar? And, what kind of stop loss do ...

james16 Chart Thread

Very very simple My eyes are not able to see every nice PA setups and opportunities yet..

james16 Chart Thread

... — Can you explain me the reason and the PA behind your trade decision please? I noticed it yesterday but i didn't how to play this setup (can be considered a setup??) Thanks, bakko

james16 Chart Thread

Thanks for your post I understand what you're saying; infact i thought this wasn't an A trade. However, the pin haven't been broken yet, so i passed this trade (i put my sell order at the break of the pin, at about 97,10).

james16 Chart Thread

Pin Bar on USD/JPY 4h — How would you qualify this possible trade?

james16 Chart Thread

So.. — .. you will wait a retrace before enter the trade? Or waiting (eventually) for the break of the BEOB?

james16 Chart Thread

2 possible trades — Hi all! What do you think about these two possible setups? I know the bars are not closed yet, so we have to wait

james16 Chart Thread

Ghous, thanks for your answer! I'm reading and studying this thread, i'm only at page 150, but i think this thread is the best thing i could find about Forex. I'm reading all your posts because i think you are a very good trader. How old are you? ...

james16 Chart Thread