Hey H A 2day bullish pinbar would indicate a buy not a sell. Lemme know if that makes sense. Very congested area though, expect price to chop around here Best Mike

james16 Chart Thread

Hey Hendz If you are going to use such tight stops then you need to be pinpointing your areas as best as possible. Yes some will start on a higher timeframe and work down to do this. Although most will struggle doing this because they are taking on ...

james16 Chart Thread

Hey DS My answers below 1. The fib % are just the % amount of a retrace of the move you are marking. So when you draw a fib form say high to low this number represents how far % wise price has retraced. IE a 50% retrace means price has recouped 50% ...

james16 Chart Thread

so here is how I handled this pair. I waited for the false breakout. We had a close back inside the wedge after a pop higher. Again I was looking for shorts ONLY because of the divergence. These were from my charts on the james16group.com site I ...

james16 Chart Thread

Hey Hendzwoter I don't mind the questions at all 1. No it's not neccessary. It's a huge unorganized thread. it started as a small place for a few to hang out. But of course after a decade you have had a ton of posts. Nothing wrong with jumping ...

james16 Chart Thread

really well played GB, perfect entry point which is so key! Mike

james16 Chart Thread

Yes it's all about risk in trading. That's the way I see it. We are taking educated guesses each time we trade. The idea is to exploit an idea that you see work over a long time. But each individual time once you hit buy or sell it's in the markets ...

james16 Chart Thread

Hey DS Welcome to the thread. We are glad to have you. My best advice is grab a demo account, start from page 1 and slowly start to build your knowledge. Don't worry about making mistakes, just learn, ask questions, rinse and repeat. Trading is NOT ...

james16 Chart Thread

oh to be 22 again lol Keep doing what you are doing irish, demo, save up money, build your account slowly. Don't be in a rush and you will have a great chance at this. Just think about things in the long run, not the short term. It's hard to do that ...

james16 Chart Thread

here is another one, again i'll watch the boundaries for longs/shorts. At those pivotal areas often the market really can go either way so you want to see that tipping point through price bar analysis

james16 Chart Thread

Hey Andson Welcome to the thread, glad to have you. Since we are trading Price Action we are looking for many different scenarios. For me they all stem off the same concepts though -A confluenced area or location -Solid Price Action trigger bar(or ...

james16 Chart Thread

I'll get Kevin in here for ya

james16 Chart Thread

Hey Hendzwoter Welcome to the thread. You are doing the right thing working on demo first. Your USD/CHF sell makes sense to me and I am in the same trade seeing if the box low can hold. Your eur/aud however I am confused about. It is a BUOB in a lot ...

james16 Chart Thread

Hey Mesh Please use your own thread to advertise your services. Thanks! for you futures traders here is a great chart to watch my preference would be false breakouts. You can see the build up of divergence. Each time price makes new highs it's ...

james16 Chart Thread

if you watched my monthly video here video we activated shorts in the group last night a bit lower down Price may still go sideways and chop around giving a deeper retrace too since we are in a sideways market have a great week folks, great early ...

james16 Chart Thread

I got a few emails this past week from new folks who don't know where to start. I know this thread is massive. Just start from the beginning and read the first few hundred pages. It should get your pretty caught up. Then you can skip around a bit to ...

james16 Chart Thread

Hey George If there is an area to hold on this one it would be that midpoint of the smaller box we are in. So that would be the only way to really trade a beob like this that is stuck in so much traffic. I'm not a huge fan of these because you are ...

james16 Chart Thread

real classic J16 style trade here, pinbar double top, closing under gap , with gaps to close below too

james16 Chart Thread

You certainly could have FXlife. I would prefer to trade closer to that rising TL divergence area though. it's the more critical area on the chart. We had a one hour exhaustion bar I call them into this area(a bar that closes at the very high/low ). ...

james16 Chart Thread

monthly candle overview video video

james16 Chart Thread