This is not like anything else you could do for a living. And yes, there is some level of knowledge required. Those 'why' questions yield mostly confusion. You will start to see setup that worked for you, but your new found knowledge will begin to ...

james16 Chart Thread

Riddle me this batman - How do you enter? I like breakouts, but I've always taken PA as entry points - a pull back and a bar, a PA bar that gets me out of the range - enter on the break. Got a rule you employ? Many breakouts don't give a PA entry, ...

james16 Chart Thread

Ah - ready - here is the answer <drum roll> Because they do.

james16 Chart Thread

People here will vouch that I am a wise-guy... It is a BEOB. But for starting out, look for these at a swing high or swing low. See the attached chart. for examples.

james16 Chart Thread

Those were easy passes. The bars are small, tiny, Luxembourg small bars. No conviction.

james16 Chart Thread

You poor, poor man. Keeping my company will only ruin your reputation. Just ask my wife. What you do is fundamentally *different* that what a retail trader does - no? Ultimately, only a few things might be bolted onto this to supercharge it. If I ...

james16 Chart Thread

Yep - that stuff is hard to beat. PB, at a PPZ with 50 - 61.8 fib confluence. It is the most basic of J16 trades and favorite setup of many. They happen a lot across many TF's. I also like the combination of a PPZ a Bar and the 150 or 365 too - on ...

james16 Chart Thread

CHART EURGBP 4HR — Another one bites the dust. 2R + What is not to love? Enter on the break of the OB that exited the channel. SL placed a few pips back inside the channel for safety sake. Exit at the first fib or you can set your SL behind ...

ICCE. Bemac's Fib. Reverse Engineered

Fire away and explain it. Post up some old setups.

ICCE. Bemac's Fib. Reverse Engineered

Well bud, you can try out my rules, but you will fail with them. Not because you don't have some ability to follow rules, but because they are MY rules and they fit ME. Or - you can take what you know, build a rule set as per *exactly* what Craig ...

What Are Your Trading Rules?

Or - we will know that trading is not for us and we should pursue another course in life. Getting to that point is gratifying. My entire point in asking the questions in the first place is this: I am a curious sort. I like to know 'why'. Mental ...

james16 Chart Thread

inserting a quip here: Curiosity killed the cat. Unquip

james16 Chart Thread

I can't get off this topic — Ed Seykota said it in New Market Wizards. "A lot of people would rather understand the market than make money" I'll ask it again - just how much do I *need* to know about the market?

james16 Chart Thread

This thread should have close right then and there. That is the answer. Period.

What Are Your Trading Rules?

It has gotten better with time and experience - I've experienced the effects of the sub-par bar enough to realize the trade-off is not worth it for me. (Some of them do fabulously well). I've even forward tested these bars, on demo with demo bucks, ...

james16 Chart Thread

At this rate your friend can buy California soon... and it won't be soon enough!

james16 Chart Thread

I'm an IT guy - work on the vendor side and I have gotten to be very good at what i do. It ain't bit twiddling anymore though. I figured exactly what Ryan says above - this was just another job. It is not - it is completely different and the most of ...

james16 Chart Thread

Thanks Joel. After doing some reading I know why order flow occurs at variuos places. It is pretty much all I need on that topic today. Tomorrow, I may realize a gap that might be filled and help me out. What about "space"?? I've thinking about this ...

james16 Chart Thread

joel - here is a rather open ended question — As always, you are interesting to read. Being an active trader, I read these inside the machine posts with an eye aimed at finding a nugget or two that will help me refine my trading. The question ...

james16 Chart Thread

Bobby Brown. She was the Goddess of Star Search. And got bounced in the finals because she made this video. I watched that show religiously when she was on it...

james16 Chart Thread