Hi,As Forexfactory has been a pleasant place to hang out, I hope that 'if' a chatroom is setup by Jim then it will retain the same atmosphere. Plus, I believe the focus will be on 'education' and not on making calls. As there will be a common ...

james16 Chart Thread

Hi,This is an interesting point. I do note that Jim has said it will take at least 3 months of hard work to become proficient at following his methods using price action and other techniques, so I believe there is a large discretionary element which ...

james16 Chart Thread

Hi Jim,I must admit that when you were talking about trading the systems live that I thought you was going to have some kind of live chat system. I've seen over at moneytec they often have a chat room running 24hrs/day, people log in and out, and ...

james16 Chart Thread

Hi,There's a thread here about arbitraging and using pip differences brokers to make money. So RJO would be 'useful' to know about then! Regards Alan

Stop Hunting?

Hi, That's a great phrase Antra! It describes exactly how I feel sometimes. It's a bit like those 3D images where you need to cross your eyes to see the image pop out. But once you've got knack, you can see most of the 3D pictures. After spending a ...

GBPUSD

Hi, I'm on fxsol. They came down to 1.8016 in 5 min bars at 17:00 and 17:05 their charts (translates to 2300 UK time actually GMT+1 summer time ). Fits in with what you say. Regards Alan

Stop Hunting?

Hi Jim, Jeepers! I just re-read that!!!! It not 4-6hrs per night it's 4-6hrs total!!! Merlin, please ban James16 for 24hrs from this forum so he can get some sleep!!!! I agree, never mess with the boss Much as I would like it to be ready in 2 to ...

james16 Chart Thread

Hi James, I would like to say to take things at your own pace. And although we would all like the private forum to be finished as soon as possible I do believe that none of us want it to be at the expense of your health and family life. What I ...

james16 Chart Thread

Glad I could help Alan

Money Management Links

Hi, I think the real question to ask is if you traded it correctly? If you traded it correctly for 25pips, then I think it is better than if you broke your rules, got lucky, and made 150pts because next time the market will have its revenge and ...

What pairs you trade

Hi, Sounds like you are really trading well! Have you ever tried putting all your past trades in a spreadsheet and then checking the entries against a historical price chart and seeing what would have happened if you waited another 5, 10 or 15 ...

Query: Moving Stops to Breakeven

Hi, I would like to echo this. Put every single trade you have done in the past into a spreadsheet. Then by looking back at a historical price graph, work out what would have happened if you moved your SL to BE. I believe this would be a worthwhile ...

EURUSD

Hi, Check your mail Regards Alan

Query: Moving Stops to Breakeven

Hi, I think which currencies a person trades depends on the system they are using as different systems could work better with different currencies. For example, looking at Diallist fantastic chart, it would appear the gpbusd holds all the cards, but ...

What pairs you trade

Hi,Thanks to Diallist for asking the question and for James for confirming it. It's taken a while for me to build it into a spreadsheet to examine all the what if scenarios thus the slow response. In my own fledgling discretionary system (8 pairs), ...

Query: Moving Stops to Breakeven

Thank you! Best regards Alan

Query: Moving Stops to Breakeven

Hi, A most excellent achievement Well done! Regards Alan

Fully recovered!! Newbies take note!!

Hi, Thanks for that. Is that 25% of every single open position including losing positions? Could you clarify what method you used to determine how much to place on each trade. And have you had a chance to perform the same backtest across different ...

Lichello's Automatic Investment Machine