I see what you mean. Thanks for the reply, Chris. Bundy, Can either you or Jarroo elaborate a little bit on this (how and when you use that tool?) or point me to some part of the thread where the concept is explained, please? Thanks.

james16 Chart Thread

Hello Chris, You talk about "a very good R:R"... May I ask where you usually place your stops on these little trades?

james16 Chart Thread

But you've got to be "extraordinary" in one way or another when you trade profitably. Doesn't the fact itself that such a small percentage of people make it in this bussiness make you "extraordinary" when you're among that small percentage? There's ...

james16 Chart Thread

From the few posts of yours that I had the pleasure of reading so far, I believe if anyone's going to make it, it's definitely going to be you. You're a smart guy from what I've read from you so far. You're right, it always helps to look at one's ...

james16 Chart Thread

Thanks for the explanation, Mike. The thing is, when I look at a random chart, there seems to be a ton of small pins just like the one I took which actually work out fairly decently due to the location they're at. I remember someone mentioning that ...

james16 Chart Thread

Okay, if someone please could have a look at the charts of a trade I took on forex tester. 4 DEC 2002 G/U on Daily + Off a 1.57RN acting as a support and res in the past + The pin bounces off 61.8 FIB level of the recent swing low - Not the greatest ...

james16 Chart Thread

Thanks, Bundy. I suppose you are right and it really is all about the location and the bars themselves are only a way to get into a trade. I wish I could figure out that significance of location and be able to tell what is a good location and what ...

james16 Chart Thread

Hey Guys, I'm full of emotions right now and I don't know who else I can share them with that could understand me as well as you all can. Feel free to pay no attention to what I say, I just need to write it down to cool off. So after two months of ...

james16 Chart Thread

Jarroo, Thanks for your reply. I've been lurking around here for around 2 months paying careful attention especially to what Mike, you and other senior members have to say. And yes, I've watched all of the guest videos in the guests material and ...

james16 Chart Thread

Hello Guys, My name's Andrew and I have been following this thread for quite some time in the undercover mode. I've finally decided to register because I want to thank all of you (and later hopefully contribute as well) for making this thread what ...

james16 Chart Thread