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james16 Chart Thread
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Nov 28, 2009 6:38pm
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J16 Senior Member cczar
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Quote:
Originally Posted by xtrader88878
Hi All
I know I probably will be flamed or even cost me this account (but what the heck) for saying this.
Does giving live trading signals equate with catching a fish for you?
Does giving live trading signals meant that people in this forum will never know how to trade?
All those rants about live signals = spoonfeeding has never been proven justified or true.
Here something about myself and my work. I am a full time FX trader myself working in a investment bank and have never been exposed to FX previously. Through connections and good acadamic...
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There are many "before the fact" setups on this thread all the time. You are either not paying attention or you haven't taken the time to read the thead.
http://www.forexfactory.com/showpost...ostcount=48258
http://www.forexfactory.com/showpost...ostcount=25758
We look for PA setups at great locations taught and discussed by James16, Mike and many others. When a setup is presented, many different approaches (since we have many different personalities) can be applied in many different ways.
James16: " This is why i dont comment on live trades. people are always better off learning from how they react personally."
http://www.forexfactory.com/showpost...ostcount=25908
"I will know when he is eating, when he is taking a bomb, . . " God forbid your mentor passes away or leaves town.
By developing your own approach, your own style while learning the J16 methology and proving it to yourself time and time again . . . .your next winning trade will be yours not your mentor's.
Jim
__________________
Indicators show the past. Price Action "Indicates" the future.
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Nov 28, 2009 6:38pm
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J16 Senior Member cczar
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Quote:
Originally Posted by xtrader88878
Hi All
I know I probably will be flamed or even cost me this account (but what the heck) for saying this.
Does giving live trading signals equate with catching a fish for you?
Does giving live trading signals meant that people in this forum will never know how to trade?
All those rants about live signals = spoonfeeding has never been proven justified or true.
Here something about myself and my work. I am a full time FX trader myself working in a investment bank and have never been exposed to FX previously. Through connections and good acadamic...
|
There are many "before the fact" setups on this thread all the time. You are either not paying attention or you haven't taken the time to read the thead.
http://www.forexfactory.com/showpost...ostcount=48258
http://www.forexfactory.com/showpost...ostcount=25758
We look for PA setups at great locations taught and discussed by James16, Mike and many others. When a setup is presented, many different approaches (since we have many different personalities) can be applied in many different ways.
James16: " This is why i dont comment on live trades. people are always better off learning from how they react personally."
http://www.forexfactory.com/showpost...ostcount=25908
"I will know when he is eating, when he is taking a bomb, . . " God forbid your mentor passes away or leaves town.
By developing your own approach, your own style while learning the J16 methology and proving it to yourself time and time again . . . .your next winning trade will be yours not your mentor's.
Jim
__________________
Indicators show the past. Price Action "Indicates" the future.
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Nov 28, 2009 7:21pm
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J16 Senior Member cczar
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Quote:
Originally Posted by TiaForex
Those sorts of posts are usually a thinly disguised advert for a signal service. And given how popular the J16 thread is, people try and ride the traffic and promote themselves. Usually they come in here, scream at everyone, stir the point and then announce they are going to set up a paid service. It's usually utter lies and garbage and we get one every now and again.
Anyone who's new, trust me on this as someone who has been down this road. I know you are craving a shortcut like a man crawling through the desert craves water.. I did too. I gave...
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Thanks Aaron for reading between the lines of his post. I'm sure that's what he was all about.
Absolutuely . . . Persistence and Perseverance overrides skill every time in this business.  Funny thing is that it does get easier.
Great post as usual my friend.
Jim
__________________
Indicators show the past. Price Action "Indicates" the future.
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Nov 28, 2009 7:21pm
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J16 Senior Member cczar
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Quote:
Originally Posted by TiaForex
Those sorts of posts are usually a thinly disguised advert for a signal service. And given how popular the J16 thread is, people try and ride the traffic and promote themselves. Usually they come in here, scream at everyone, stir the point and then announce they are going to set up a paid service. It's usually utter lies and garbage and we get one every now and again.
Anyone who's new, trust me on this as someone who has been down this road. I know you are craving a shortcut like a man crawling through the desert craves water.. I did too. I gave...
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Thanks Aaron for reading between the lines of his post. I'm sure that's what he was all about.
Absolutuely . . . Persistence and Perseverance overrides skill every time in this business.  Funny thing is that it does get easier.
Great post as usual my friend.
Jim
__________________
Indicators show the past. Price Action "Indicates" the future.
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Jan 14, 2010 7:41pm
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J16 Senior Member cczar
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Quote:
Originally Posted by TiaForex
Good to see you back Jim. I've missed you round here. Hope you caught some of the big moves last week.
There's been a lovely discussion in PF about the yen pinbars. What do you think? My hunch is we're not quite done with yen strength. I wouldn't take them as buy and holds, but played Jarroo style they are strong setups. 50 pip stop 100 pip target super tight leash type trades.
UCAD daily also seems to be winding up nicely perhaps in preparation for a break that allows that monthly pinbar to play out.
What have you been looking at? There...
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Sorry I didn't get back to you right away Aaron. I had some time off this Thankgiving and Christmas. Catching up with Family, Friends and . . . . . . . . Life.
I's goood to be back.
Wow, I got some reading to do. lol
Jim
__________________
Indicators show the past. Price Action "Indicates" the future.
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Jan 14, 2010 7:42pm
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J16 Senior Member cczar
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Quote:
Originally Posted by Janegra
Jarroo, great to see you lurking, enjoy your r&r.
Graham
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It's good to be back in the swing of things Janegra. 
__________________
Indicators show the past. Price Action "Indicates" the future.
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Jan 14, 2010 8:02pm
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J16 Senior Member cczar
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Quote:
Originally Posted by LasVahGoose
Jarroo!!! We were all worried about you man! Don't disappear on us like that again! LOL. Good to see you back.
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I missed being away from the good ole James16 thread LVG, more then you know.
Good to see you buddy. I got some reading to catch up on, I hope to see some of your charts along the way.
Jim
__________________
Indicators show the past. Price Action "Indicates" the future.
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Jan 14, 2010 8:09pm
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J16 Senior Member cczar
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Quote:
Originally Posted by mbqb11
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Tell me you took this classic, A+, golden, GOLD Weekly PB, Mike.
This one was a rare Mike "yes" in my book.
Its good to be back brother.
__________________
Indicators show the past. Price Action "Indicates" the future.
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Jan 14, 2010 8:12pm
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J16 Senior Member cczar
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Quote:
Originally Posted by mbqb11
sure did that is ABC j16 right there 
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I'm still catching up, did Jim post one of his classic charts on this one?
__________________
Indicators show the past. Price Action "Indicates" the future.
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Jan 14, 2010 8:34pm
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J16 Senior Member cczar
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Quote:
Originally Posted by Dan Gilbert
WTF??? jarroo is alive!!!!! lol everyone was like, "where the hell is that guy????" and then I think they sent out a search party after that.... Maybe that's why you're back?
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Alive and well, Dan. lol
I got some catching up to to.
Wow, you have been posting charts my friend. Interesting  , interesting indeed.
__________________
Indicators show the past. Price Action "Indicates" the future.
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Jan 14, 2010 8:44pm
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J16 Senior Member cczar
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Quote:
Originally Posted by TiaForex
You just identified Mike's only trade in December.....
Nice call.
It's great to have you back brother. Really great.

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It's good to be back Aaron.
I been catching up and I'm looking forward to running in to your posts brother.
__________________
Indicators show the past. Price Action "Indicates" the future.
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Jan 14, 2010 8:48pm
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J16 Senior Member cczar
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Quote:
Originally Posted by PipGator
Good to see you back.
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Good to be back Gatorman. 
__________________
Indicators show the past. Price Action "Indicates" the future.
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Jan 14, 2010 8:49pm
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J16 Senior Member cczar
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Quote:
Originally Posted by Scot Pippin'
I wanted to discuss an alternative to going to BE and get your thoughts. So most of us make a decision to take off some and go to BE at first resistance. Most of the time the next bar will come back to test your entry and take you out. It seems an alternative can be take off half and move your stop below the first bar. You may take a minimalized loss at times but greatly increase the chances of surviving that retrace.
[b]Do any of you do this sometimes? It reminds me of the DIBS method except you move your stop up a bit more. Also it can serve...
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I do it all the time Scott. Much like the DIBS "free trade" approach but on a Price Action setup. Let me rephase that . . . . on a high quality, A+, Mike give a "yes", etc., Price Action setup.
Its all about controling, and manageing Risk. (In my book, which has many pages lol.) Price breaks hard 38 pips or more, take half off and move the 2nd half -38 pips and see if she runs. It helps you sleep at night when your worst case situation is zero losses.
__________________
Indicators show the past. Price Action "Indicates" the future.
Last edited by jarroo, Jan 14, 2010 9:17pm
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Jan 14, 2010 9:06pm
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J16 Senior Member cczar
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Quote:
Originally Posted by Investor7
Welcome Back Jarro... 
Is always great having the Senseis around us.
Now, could it happen?
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Glad to be back investor7.
A better question is Where it is happening on a hightime frame. The 2.2100 does look like a very strong PPZ level on the Daily.
Don't get me wrong watching Price Action formations developing is a good thing. But the Where is the Key.
Looking good 7. 
__________________
Indicators show the past. Price Action "Indicates" the future.
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