Hey TG Good to hear you are still demoing that's the way to do it Stocks can be tricky because it's different then FX that has all these boundaries of ebb and flow created for so long around all these levels. When you have a stock fall off a ...

james16 Chart Thread

hey newtrend A signal with or against the trend is no more strong as the reasons for taking each. So I trade with , against the trend and even when we have no trend. Each market condition has factors that can get us in under the RIGHT conditions. So ...

james16 Chart Thread

Here is a trade I took today and posted in the PF 4hr dblhc or 8hr pinbar. After a false breakout. I call them fakey breakouts. Bought a break to make sure we cleared the swing and took profit near the TL and swing low. Could keep going but we might ...

james16 Chart Thread

Hey Trader Risk % is one of those things that people really struggle with. I've went through the gauntlet of understanding my risk as it applies to my method. I think that's HUGELY important. Depending on how you trade your risk will likely vary ...

james16 Chart Thread

sweet job! Way to go Mike

james16 Chart Thread

Hey FXlife I've used Fxpro DEMO feed for years and years. They have that 5pm close. oanda recently added that live accounts with mt4 can now get the 5pm close. Forever it was midnight close only. So you can always chart with a 5pm broker and ...

james16 Chart Thread

Hey Trader Are you referring to the bar your red arrow is pointing at? If so that isn't a pinbar as price didn't close within the previous bar. But that bar did break the high though. Let me know if that's the one or I missed your question Mike

james16 Chart Thread

Hey FX A lot of us like to use 5pm et ny as the unofficial official close. I've used it for as long as I can remember. I consider it the official close ofo the FX markets. Oanda allos you to shift the charts to GMT + 2 if you have a live account ...

james16 Chart Thread

Hey New Yep I take whatever the market gives. I watch a lot of markets about 80FX 3000 equities (weekly monthly) and couple futures. Some months I can have 20-30 trades some months just a couple. I just try to focus on the setup and not on attaining ...

james16 Chart Thread

Hey Bill It's different strokes for different folks. I don't like to focus on pips so much as the trade itself. For me it's all risk based. 120 pips can be worth more than 500 pips or vice versa as it's all relative to my %R per pip. Easier to think ...

james16 Chart Thread

Hey Bill It doesn't matter because all you need to do is blend those two bars by taking the open from the first, the close from the second. And you use the highest point of both bars and the lowest point of both bars That will give you your blended ...

james16 Chart Thread

this is a monster chart to watch. Price is squeezing very hard into the BRN and rising TL on the weekly Watching this area like a hawk. Preference is a breakout long which is what a squeeze like this indicates. The bottom descending TL of the ...

james16 Chart Thread

At least someone got some of my money

james16 Chart Thread

Hey Moly I got nicked out just a bit before that blast off occurred. It happens. So my story was correct which is nice but the bad part is I lost some money. The true key though is cutting the loss. I don't remember my last full bar loss. So instead ...

james16 Chart Thread

Hey Florinellz Yep a bunch of people in the forum took that one and man did it take off! I ended up passing on it, but it sure was the right application of pre-emptive breakouts Well done Mike

james16 Chart Thread

we got that pre-emptive breakout bar I was looking for but the breakout area did not hold so I cut out for a 1/3 bar loss. I'll watch for that fake breakout scenario if we close strong bearish

james16 Chart Thread

great location to watch for PA. Beautiful TL and previous major swing point Preference is PA long for a breakout but bears remain in control until then. Another great way is watching for a false breakout here too

james16 Chart Thread

ok should be fixed. James is still learning the new technology LOL Thanks guys!

james16 Chart Thread

it's in the guest area Jim linked directly to it but it's protected behind our disclaimer Use this link T url Best Mike

james16 Chart Thread

Hey Bill yes in my view you are being but only because our thoughts should be more on HOW it gets there. For example on a break of the bar we have roughly 34 pips to that low, but also the BRN ahead of it which will notoriously bounce price. ...

james16 Chart Thread