UNLV — here's the chart example i couldn't figure out how to put in the PM. :nerd:

james16 Chart Thread

do you mind if i PM you?

james16 Chart Thread

i started off by using just a pip or 2, then switched to 10 pips break above pin bar and now im using % of pips compared to the size of the pin and i think im going to stick to using % of pips. this has helped me a lot in terms of staying out of ...

james16 Chart Thread

to put it mildly ...

james16 Chart Thread

well, ... isn't that stuff still flowing through your water supply or something like that? sheesh, you can't help yourself ...

james16 Chart Thread

really saavy analysis. thank you for this.

james16 Chart Thread

thanks for posting this chart. i completely missed this BUOB ... and i have been waiting for a potential spot to get in this long ... i have a question about your advanced entry ... do you wait until it breaks and then play the possible retrace you ...

james16 Chart Thread

nicely put ...

james16 Chart Thread

anyhoo, i wish you much success in however you choose to apply j16 to your trading plan. image

james16 Chart Thread

this is opposite to how j16 advises approaching his trading methods. refer to his post 12414 ... he has posted this same instruction throughout this thread probably more than 10 times.

james16 Chart Thread

try not to think about the S/L in terms of pips. think of it in terms of proper money management versus risk reward. for example, if a trade has the potential to travel 200 pips in your favour, and the S/L required under j16 rules is 100 pips ... ...

james16 Chart Thread

another j16 post re BEOB ...

james16 Chart Thread

BEOB — j16 references a lower close in his chart example ... (click on the link next to the quote)

james16 Chart Thread

oh crap! now you're going to make me think ... basically, from what i now understand about trendlines, they are more than just something to identify a trend and don't have to be drawn only from lower, highs to lower, highs or vice versa. i didn't ...

james16 Chart Thread

GREAT POST BUNDY — thank you for sharing this detailed analysis with us ... can i add to the confluence party? diagonal resistance becomes potential support ... (something i learnt reading pring) ... off 50% fib from aug 07 to jul 08 ... ...

james16 Chart Thread

i won't confess too much here but, ... demo trading allows you to experiment more w/ whatever you plan to do ... i have gone against the advice of many that cautioned demo trading first; and b/c i hadn't developed a well-defined "system" of entries ...

james16 Chart Thread

if price breaks the weekly pin at 6817 ... it seems like 6600 is the next area of some minor support and then some more at 6500 ...

james16 Chart Thread

my friend and i debated our entry here some and opted to trade the break. do you mind sharing whether you waited for price to test the bottom of the pin a bit and then enter an order on the retrace ... or did you set an order a predetermined ...

james16 Chart Thread

enough about that crazy eurusd, how about ... — the AUDNZD ... i followed these set-ups -- they were some classics that i learnt from some of the 1st j16 posts ... anyone catch 'em?

james16 Chart Thread

thanks j16 for providing this forum for all of us newcomers that might need more explanation and deep analysis than senior members before, during, and after a trade and for him on insisting we demo trade for at least 3 months ... AND profitably ...

james16 Chart Thread