the USDJPY certainly is a puzzle ... the monthly august "pin bar" was very weak indeed (i don't trade monthlies, but nothing screaming out at me that i should have taken it short) ... the september price action might be forming a bullish pin (and i ...

james16 Chart Thread

2-day "reversal pattern" ... and another rule broken — 2-day reversal patterns are usually true to their name ... that is, they typically indicate a reversal ... therefore, when trading them with the trend, ADX momentum analysis MUST ...

go live or bust ... diary of an fx live-trader-wannabe

that pesky EURUSD ... using the ADX to make better trading decisions — as stated in the first posts, discipline has been my downfall in trading ... this post outlines a sequence of PA where my lack of discipline interfered w/ potential ...

go live or bust ... diary of an fx live-trader-wannabe

EURAUD ... and others — same chart for EURAUD, but different price action. 9/18 & 9/19 create a 2-day bearish outside bar. i trade these as continuations and as early signals of reversals. these are a personal favourite of mine to trade as ...

go live or bust ... diary of an fx live-trader-wannabe

EURAUD ... 9/16/08 pin bar — EURAUD pin bar on 9/16/08 that i passed on per my rules. pin bars can be fickle and must be regarded very suspiciously unless all the planets align. this is stressed mucho on the j16 site. before trading a pin bar, ...

go live or bust ... diary of an fx live-trader-wannabe

lurker delight — having you as one of my lurkers is a definite privilege. p.s. ... haha, i don't think im a "buddy" ... more of a dame ...

go live or bust ... diary of an fx live-trader-wannabe

trading method summary — THOUGHT PROCESS BEHIND MY TRADING METHOD j16 really took what he learnt from pring and others and presented it in a very simple, price-action-for-dummies fashion. the concept that i picked up on the most from j16 was ...

go live or bust ... diary of an fx live-trader-wannabe

so when tokyo opens, would it still be prudent to play the pin long if/when it fills the gap?

james16 Chart Thread

just for clarification, i had planned to play the USDJPY on the break, but i always wait until after the weekend to place my limit orders ... the pair has now moved well past areas where i would have already locked in profit and trailed my stop ... ...

james16 Chart Thread

i have been following his posts/videos too and really, really thinking about how much this could be integrated into j16!!

james16 Chart Thread

i love that expression!! i think i actually understand your logic behind taking it short and respect your willingness to think outside the box ... i'm still trailing my USDCHF long trade from the 8/22 IB (kind of a bumpy ride that one was) -- and ...

james16 Chart Thread

it certainly has been tough (for us noobs) lately w/ all the negative posts - even something said that is positive is turned into an opportunity to criticize j16 or a poster in some way. i am committed to continuing w/ the j16 trading plan and ...

james16 Chart Thread

ya, it's the drawdowns that really send me for an emotional tailspin (which is what i encountered during my first month demo-ing j16) and that is how i recognized that for me, i really need to focus a great deal of attention to my tolerance for ...

james16 Chart Thread

HA!!! blame my unclear post, but your response is too good (and i keep learning from you). anyway, i meant the "x" to move my SL to protect my profits ... sorry, i should have reviewed my post before hitting submit ...

james16 Chart Thread

mbqb ... s/r TSL question ... — if you're still around ... i'm really studying and getting experience w/ exits/entries ... trying a host of different methods as i go ... i want to experiment using s/r [as a stop loss method] as you described ...

james16 Chart Thread

EURUSD ... planning the trade — here's how i see the EURUSD playing out now that price has busted through the support zone i think many of us were using to jump into the market long using the recent pin (my limit order didn't trigger ) ...

james16 Chart Thread

good idea ... im going to try that ... (i've been tempted by the coin flip strategy too ... ) kidding aside, the idea that i was trying to get across was that trading every pin bar in sight will not work out and even more will lose w/o ...

james16 Chart Thread

hey processor: this month i demo'd j16 combining mbqb's conservative entry strategy WITH j16's conservative exit strategy and i actually made out alright ... (even though i traded all kinds of goofy-looking pins that lacked any "weight of the ...

james16 Chart Thread