I see. If you would have been stopped out, would you have entered again on the higher HCRs like I did? Or do you think my entry was too late?

james16 Chart Thread

Thanks for sharing, Jim. As you can see on my chart I entered a bit higher on the break of the HCRs further to the left. What made you confident to enter on the lower HCRs? BTW, I'm just watching your basic video series in the PF. It's very helpful.

james16 Chart Thread

Hi deltaskelta, your analysis sounds solid to me. At least you have thought about what you are doing. Maybe the pros in here got something to add. Just one thing, if you're new to trading and/or this thread just make sure that you've got a fixed set ...

james16 Chart Thread

Hi delta, what exactly was your rationale to go long at this point? I can only see a DBLHC that one could trade as a continuation pattern. But this is very risky as price is trading right into a somewhat messy area which might act as resistance. ...

james16 Chart Thread

Hey jsvihla, did you play it? I've got more of a neutral bar on my chart this morning (see chart). Remember that a J16 setup is only valid after the close of the bar. LOL. I think he would have trusted only and only his own mind and been a great ...

james16 Chart Thread

I totally agree, that's a good strategy. By the way, I see you are a fan of Mr. Gauss. I haven't read anything about him yet but I sure will do. I strongly admire those polymaths of ancient times who were not only good scientists but great artist ...

james16 Chart Thread

Ah ok. Yes, that's a definition I agree to. By all means, your last point is probably the only one really worth caring about.

james16 Chart Thread

Ok sorry, I may be a bit assuming here. I should rather say I never saw price direction and big turning points totally contradictory to supply and demand (at least not on high volume pairs). E.g. I never saw a big market intervention in the middle ...

james16 Chart Thread

Hey CFG, I disagree. Yes, there are interventions by the big guys and there are reactions to news. But you will never see them in the middle of nowhere and they are never total surprises. They always happen at high probabiltiy points where demand ...

james16 Chart Thread

Hey Mike, do I get you right: You only keep the pairs/stocks/etc. open that show a potential setup? The rest remains closed? And what is TOS? Is it your charting software?

james16 Chart Thread

Hey Ronaldinho, here you go: url You mean James? Read the first post of this thread and you will know. Great explanation, thanks Ghous. Thanks for pointing that out, PB. My feed does not reach back far enough. I like those areas where price ...

james16 Chart Thread

GBPCAD — Hi PB, everythings fine here. Yes, I loved those sessions, too. I hope we could do it again some time. Man, I'm very impressed of your 10 star rating. I knew you would get there. Your dedication has always been a great inspiration for ...

james16 Chart Thread

Hey guys, after a long time of absence I just wanted to chime in and say thank you to all the great traders in here: Mike, Jarroo, Ghous, Pinbar (hey PB, how are you my man?), last but not least Jim and of course all the other guys and girls in here ...

james16 Chart Thread

Hey Ghous, thanks for your helpful answer. It seems like I'm looking for the holy grail here. By the way, nice to see you here. Are you still active in the James16 thread? I was also writing there a while ago and am still a member of Jim's PF. ...

Why Is Price Doing What It's Doing?

Hello fellow traders, here's another question. Actually two questions: 1. As I've learned with your help, a chart shows the ongoing supply and demand equation. So if there is supply and demand on the chart, there sure must be equilibrium somewhere. ...

Why Is Price Doing What It's Doing?

Great piece of advice. Thanks for sharing.

B.S. Trading with Kenneth Lee

Hi bez, I personally am hesitant to trade a supply level this near while we're into weekly demand. So I rather stay on the sideline. That said it might still work out and give us some pips to the downside.

B.S. Trading with Kenneth Lee

Hi Ultimatus, thanks for pointing that out. You must have another feed. I can't see it on my charts. Spotting the right levels is a great achievement in and of itself.

B.S. Trading with Kenneth Lee

LOL, I just found the 15 min EURUSD looks like one of Sam Seiden's charts in one of his free articles:

B.S. Trading with Kenneth Lee

I got up too late and missed it. It's not only into a nice weekly demand but also has what Sam calls a novice gap (see charts).

B.S. Trading with Kenneth Lee