lol. I have no clue about the price of living in America I guess. But 3% of that account, meaning roughly 60,000 Israeli shekels per month...man, you can live here like a KING with that amount of money. I guess salaries and spends are relative. My ...

james16 Chart Thread

This is why psychology is so important, and dangerous for trades. When you say "experience", I guess it's related to the psychological/emotional issues one should get over in order to become profitable. We have the fact: if you are going to trade ...

james16 Chart Thread

What James16 is really about — CHARTS

james16 Chart Thread

Your first trouble area was hit. You should be safe by now my friend. (ppz, 50% fib).

james16 Chart Thread

Lets see if we can close below the 0.9500 level

james16 Chart Thread

A keeper you say? This one is the real thing everyone here should keep url image

james16 Chart Thread

GPPJPY 4H tarde — A perfect pin, close withing the prior bar, long nose picking out above all the massive old bar highs. Strong resistance level. Divergence. Moved my stop to BE at the purple line. Exited on confluence of a major round number ...

james16 Chart Thread

Well defined daily price pivot, fibs, round number, swing high, large engulfing bar....Great bars are full of momentum, creating a hard break, tend to slice your first trouble area like butter and go to the moon. Jarroo would like it.

james16 Chart Thread

Hey ertorque, No worries. Answers in bold. You got it right about the two combined bars. The resulting bar is a good bar by itself. I was referring to the location of it when I said it isn't for my liking. I like these kind of PA bar right at the ...

james16 Chart Thread

Hey chatzi, Yes I took one trade off the 4H USDCHF chart. But that was a trade I took on my demo account, as a B trade. Go back to my previous post and look again at my daily USDCHF chart. See the 1.05000 level? Firstly, that is a big round number ...

james16 Chart Thread

Charts

james16 Chart Thread

Couldn't resist — This chart was posted 6.8.09 by dear James16 url image This is how it looks today:

james16 Chart Thread

Thanks triger. We are blessed being here

james16 Chart Thread

And here is another A+++++ poster. Man, good to have you here as well. And yea, you as well SP

james16 Chart Thread

And here is my A++++ post Lately I have realized that what's going on this thread is a complexion of million different ways to trade which reproduce and create many mutations. Nothing wrong with this of course, at the end everyone take ...

james16 Chart Thread

I'm not Mike, but here is my opinion. Both Mike and james are pick in there own different ways. I agree about saying James also takes less than A+++ bars if you compare it to Mike's standards. But You also must take into consideration that Jim's way ...

james16 Chart Thread

Hey ts63, I will let you know my personal opinion on these setups. But of course, that's just me. Gold - We want great bars at great locations. In this case, the bar is really good, but the location is bad. Look at my chart below - we have a well ...

james16 Chart Thread

my second tarde this month — Just wanted to share with you guys. This is my second trade this month. I have plaid this bar as a continuation outside bar. The reason I liked it is due to the huge momentum and very sharp fall down + being off ...

james16 Chart Thread

Price likes to follow and reach these huge round numbers. Many traders look at them as targets, and won't close their position till they hit their target. Once the number is hit, some TP orders get hit, and new positions trigger to the upside. ohh ...

james16 Chart Thread

Hey zoli, Thanks for the reply. I was sure you are using the indicator jarroo and ghous use for mt4. But thanks anyway. Maybe I will try that MT5 and see how it goes. IMO having these additional tf's is just easier for the eye when you wanna combine ...

james16 Chart Thread