Ahhh, so you a scalper. That is a very very hard style of trading. I don't go below 4H, it's very scary down there .

james16 Chart Thread

Sorry but negative news does not mean instant loss. News is just news bad or good doesn't matter. It all depends on the context. for eg. if we are in a uptrend and news is negative markets can rally like crazy.At the same time if news is positive ...

james16 Chart Thread

I don't look at news. I only look at PA and SR. Had no idea there was any AUD news. Am i missing something here ,what should i be careful of?

james16 Chart Thread

Fantastic short on EURAUD. BE for now. image Update: USDCHF still going strong. image

james16 Chart Thread

Few updates. USDCHF - still going strong. image New entry GBPJPY - BE for now. image Re entry on Gold - BE for now. image

james16 Chart Thread

Hey Mike, I was going to through James's charts from the beginning. I noticed something interesting. HE NEVER TRADED INSIDE BARS. Most of his setups consists of Pinbars and outside bars. My research now has indicated that IB setups can be very ...

james16 Chart Thread

Closed most of my previous positions. USDCHF BE now and going my way... image

james16 Chart Thread

Dan, i never said PA and TT is gambling. I said TT is gambling. Think about it when you TT you are trying to predict order flow and price movement. Predicting price is nearly equivalent to gambling. you have no idea what will happen at a S/R. I know ...

james16 Chart Thread

Rightly said , this is why we have to wait for PA to confirm and sometimes even after that price can reverse on you. So you have to watch how PA unfolds AFTER you enter. That is key if you want to reduce your risks. There are some traders who ...

james16 Chart Thread

Again, you are analyzing too much. This is causing you to not take good trades. My suggestion, get rid of all the lines and curves except for the horizontal S/R and look for PA.

james16 Chart Thread

I can explain it , but you are not psychologically ready to accept certain things. It will come with time. all i can say is you analyze too much.

james16 Chart Thread

Update : EURGBP finally moving in my direction.... image Update : Gold second entry... image New entry GBPUSD image New entry GBPCHF image

james16 Chart Thread

Nice entry on GOLD. BE for now.... image

james16 Chart Thread

Update on EURGBP - BE for now. image New entry GBPAUD - BE. Looks like GBP is bullish now. image

james16 Chart Thread

Nice to see price move in your favor when you wake up in the morning.... BTW anyone else short on EUR. image

james16 Chart Thread

Update on NZDJPY... Second entry going good... image

james16 Chart Thread

..and when bonus time comes ,you are either forced to quit on your own to accept a peanut size bonus for pouring your blood and sweat for the company. This happens across all industry and then you get the brains to start your own business. These ...

Is anyone here an institutional trader?

Yes sure it works.....SOMETIMES. Everything works sometimes, but not enough to give you the edge. All i can say is that it FAILS more often than it works. It's no better than say a moving average and sam sieden claiming that Technical analysis ...

Sam Seiden's supply and demand - Does it work?

AUDCAD bounce from 0150 Area...Entry on H4, Has moved 1:1 in my favor - BE for now. image Finally some move on NZDJPY....BE for now. image

james16 Chart Thread

GBPAUD H4 entry, but stopped out. Yellow lines mark the daily S/R. Price did give a bull confirmation , but soon failed as no follow through came. Was there any way to avoid this?. image but GBPUSD is another story, going fine so far. image ...

james16 Chart Thread