AUDNZD going really well. Entry on the 4H. image

james16 Chart Thread

Thanks Mike, will post more often. Completely agree with you on less is better. I too have tried pretty much everything out there only to come back to simple S/R. I do demo trade FOREX with my method, but i trade mostly futures. I will post FOREX so ...

james16 Chart Thread

Thanks LamerTrader & TraderRolf, I m collecting samples these days, i guess that is the only way forward. Hope i am on the right track. Thanks a ton to both of you.

james16 Chart Thread

Hey Mike, I have using the J16 trading method for quite sometime and i have modified it for day trading using daily charts. Note i trade in futures only. I m getting good at finding the S/R levels,PPZs. The main problem is how do i confirm reversals ...

james16 Chart Thread

Better post. Question is why is there only ONE George Soros and only ONE Tudor. if people could really take advantage of markets like them, we would have more George soros. So what edge did he have , only he knows. I m not saying people can't trade ...

Do you believe this market is random?

Again with the clues nonsense. you have no proof that market is non random. There are many here in the forum who post that one trade that works out of 10 failures and they try to explain this is how markets work. What they don't show you are the ...

Do you believe this market is random?

So you guys must be consistent then, i guess. Why do you attack me instead of giving positive feedback and tell me where i am wrong?.but you don't do that , because you have no answer. if market is not random. PROVE IT.

Do you believe this market is random?

IS the market random ? Answer: Yes. Reason is because the order flow is random. This is why S/R breaks and hold at random times. You can NEVER in advance predict that price will turn or move because you have no idea when the order flow changes. ...

Do you believe this market is random?

Does statistics work ? Very good question. Answer : Short term yes . Long term No. You must have an edge to survive. If statistics really worked, more than 50% of traders would be profitable consistently. Unfortunately its not so.

Do you think statistics work in trading?

Does martingale strategy work? Answer: NO. move on...

Did Martingale work for someone?

Sam sieden has fooled many people. He identifies a supply/demand level and then he predicts in advance that there will be huge orders due to which prices will move away from the level. What he forgets to mention is that between the time a level is ...

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

I have been around for a while , if you want my advice. I suggest you don't care if newbies want to take up these course or not. They are going to "PAY" market anyways. What matters most is are you learning and are your making progress in becoming a ...

List of sellers refusing to give proof

brave post from SGP. All i can say is if anyone can make money trading , why would they even come here. It makes no sense. Sure lots of people will say they have come here to share knowledge and blah blah blah.... Just think a profitable trader ...

List of sellers refusing to give proof

Thanks. Got it now...

H4 Power

Hi 60minuteman, Sorry to ask a very beginner question ,but i am not able to understand your concept of engulfs? Is it a simple Outside bar or do you define it differently. From the charts you have posted , the engulfs you define are different from ...

H4 Power

I would sell this...

james16 Chart Thread

Anybody see a nice Daily Pin on the NZDJPY on the Weekly/Monthy PPZ or is it just me ?

james16 Chart Thread

Hi Mike, When you trade stocks, where do you look for the PPZs @ round nos. How do you identify PPZs for stocks priced 1. < 100 (USD/EUR/Any currency) 2. 100 < x < 1000 3. > 1000 Also what timeframe do you recommend for intraday stocks trading 1. ...

james16 Chart Thread

So G, what you are saying is that because Jim has a rather large account ,he takes B and C grade setups apart from A+?. With B and C grade setups , Jim takes his profits at the FTA and for A+ setups , he holds on to them?. Is this interpretation ...

james16 Chart Thread

Hi Mike, I am unable to get in touch with Jim. So i m directing this question at you. Jim has been preaching the fact that we must take the best trade possible. But if you see his posts , some are a+ setups , some are b and c. if you see his videos ...

james16 Chart Thread