Hello Jonny, Yes you know, actually at the moment I also try to analyze a lot of factors (well all those that are mentioned in the thread). But. As you noticed for this exercise I just took off everything from my chart, there is no BRN's no PPZ, ...

james16 Chart Thread

Thanks Jarroo, well if that is so, I will post my brand new Lexus sometime very soon, and invite you all guys to the most expensive restaurant here!!! But no rush, patiently and with discipline and we will all be there!!!!!!!!

james16 Chart Thread

Yes Roundrock, looking at the charts I just don't find a reason for myself to go for lower TF's. Why? If these signals are much more reliable on higher TF's, and higher TF's at the same time are easier to trade (more time to think, less time at PC) ...

james16 Chart Thread

Hello Jarroo, you know also what I noticed, that BUOBS/BEOBS are often times much easier to trade than PB. Because when we have a PB we have to consider many factors like Size (is it adequate to previous move, is close being above open etc). But ...

james16 Chart Thread

Thanks Mike. You know I honestly think I would not take that looser I have in option 2, due to its weak close ( I just tried to take worst case scenario here), and same for trade #1 (risky). So it leaves me with 7-8 winners only! haha. Yes I know it ...

james16 Chart Thread

If I could only bring my RR being close to 1:1 I would finally get me that white Lexus LX570...........

james16 Chart Thread

Just some thoughts... — I'm doing some analysis on boubs/beobs ONLY. First I just took some daily pair, and marked ALL signal bars I see FOR THIS YEAR. That gave me 15 winners 4 Loosers Second, I erased those that appeared more as continuation ...

james16 Chart Thread

4 weeks trading stocks so far: 1. ECL $171.90 2. MDP $241.00 3. T -$559.20 4. DHR $270.50 TOTAL:$124.20 or 0.25% gain to account

james16 Chart Thread

EXIT DHR — image Well this was a fast trade! I hesitated a little. My predefined (mental) target was hit so fast that I thought I need to hold to this trade. But then again, why would I hold? We are not in a trending market, it is sideways, ...

Trading Journal

Thanks Mike. Is just I cannot decide lol, because more I think about different ways to manage a trade all look attractive to me. Idea of a free trade, or just taking full profits... I was thinking that maybe it would be wise to try to hold in a ...

james16 Chart Thread

Yes, Jarroo also pointed this level to me when I was taking it. See, I thought we kinda closed below those highs (of the level you marked in green). I need to pay more attention to PPZ. My thinking was that this level is not a S/R anymore so I was ...

james16 Chart Thread

I will close it now. It is not in trend. Traffic, sideways, not so much room. So location is not that good, it's a pretty looking PB but in a traffic. So I take my money on it and run

james16 Chart Thread

Thank you Mike and Danny. I took it not as a PB, but a BEOB (just looks like PB). I would have to agree with Mike, usually I would like my BEOB's having a strong close (almost without a wick on the closing side). Location looked too good to me I ...

james16 Chart Thread

This is the trade I am currently in. Look, when I was planning this trade my Target was 38, but wow it reached it so fast!!! Now I think will it be wise to hold???? This is always the most difficult question!! How you guys deal with this? Do you ...

james16 Chart Thread

I was looking at it from all different angles, and even now I still like the setup..

james16 Chart Thread

Update 3 — Stopped out on AT&T image

james16 Chart Thread

Stopped — image Stopped on this trade: SEPT 1, 2010 - SOLD: 8 JAN 26 PUT @ 1.20 TRADE RESULT: -$559.20 My thoughts about this trade. Well I really liked the setup. I would not go to make up reasons for "why this trade didn't work, so I will ...

Trading Journal

I thought I will post a chart for you to see what I meant, here it is: EDIT: and I just don't see a single looser, do you?

james16 Chart Thread

Hello Jdl, no SPX is the Index itself, emini cannot have price increments other than .25 so it should be either 1044.25 or 1044.50. I have my NinjaTrader for that. And I meant only PB and BUOB/BEOB. With FXCM I believe you cannot trade futures at ...

james16 Chart Thread

Me too, I will stick to minimum requirements (3 months daily/weekly etc) no matter what. Is just very very motivating to see that these concepts will work if I would ever decide to do it intraday, I will always have a "job", lol... AMAZING!

james16 Chart Thread