no worries. your own observation of the "spring" is really good. yesterday, i mentioned, that this "spring", is called the "squeeze" in Bollinger bands lingo. mainly the same thing but called differently. yes, it tells me im still really sleepy. ...

james16 Chart Thread

kk007, try to check the buyers & sellers volume and momentum in every PA setup involved. these should explain it, quantitatively speaking. statistically, i believe these PA setups can be checked & proven as repetitive patterns, in all markets. ...

james16 Chart Thread

... that was quick ,jarroo. i was about to post the exact same gbp$ consolidation as it was very recent. anyway, here was my related post on that:

james16 Chart Thread

Chris, as im still very , i honestly have not read this post, except for this part which i really liked. Nice post! it always feels a little DIBS-y to me, when i see charts like this. I think jarroo & or Bemac can relate.

james16 Chart Thread

thanks Sir. to me, this was a very visual explanation & insight. Glad to see an affirmation.

james16 Chart Thread

just 4 hours+ of sleep for me.... no problem exactly what i meant by "master" scaler (using good S/R, PPZs etc). sorry i should have said "experienced scaler" (saying "master scaler" is pretty "harsh" even on me & others, lol) if i got your point ...

james16 Chart Thread

no problem with scaling in, as long as a trader knows what he/she is doing & knows the correct reentry & stop areas. imho, it would be better & easier to have the full position (2-10+ lots) up front then just scale out than have 2-5 positions up ...

james16 Chart Thread

rossbennett, Thanks... don't worry, i'm not caught up with the account size issue. i merely pointed out that i have small account (i hate admitting this when the big guys are in, specially the BIG guy , ) after saying an ...

james16 Chart Thread

SimonK, yes, i do scaling. the real issue for me is the account size. if a trader has a small account, like this small (literally & figuratively, lol; in visual comparison, many here have small accounts, some big, a few really big), the trader has ...

james16 Chart Thread

Valid point SimonK. I'm fairly far from being consistently profitable, but I among several other newbies here, can see myself letting trades run as such. I have been doing it on demo & i am going to do it once my live account grows a little further ...

james16 Chart Thread

Jlr, well.. this is where short-timeframe trading ends/wins a little & higher TF trading starts/maximizes profits. if u concentrate on short TF trades, u will miss out on big moves -- unless u incorporate higher TF trading with it (u are experienced ...

Jankone M5 thread

johnnykanoo, not all PBs reverse, u should keep that in mind. & u must consider the current trend ($ has been weak). i think u will have a different result/conclusion if u apply Sir Jim's stated values (3% etc) to your account's size/value. For ...

james16 Chart Thread

1 perfect example of BB H/T or BB WTB is happening currently & for the past few hours&days on $CAD's downtrend, H4 chart. See how price can't even breach the mid-point between the mid-BB & lower BB. Now, that's a pretty strong downtrend. if Michael ...

Jankone M5 thread

g_j_hook@yah, looking at price now, seems some have taken this & are currently +10 pips+. let's see if the euro bulls will reverse this anytime soon for an eventual breakout. $ has been weak.

Igrok Method. Q's & A's. Comments, thoughts and ideas

sam0182, seattlerust, lol

No Brainer Trades

Sohail786, simply, consolidation/range is a situation/pattern wherein price does not make higher highs or lower lows, & price is zigzagging along a common support & resistance (confined in a single support & single resistance area) several times for ...

james16 Chart Thread

james16, Yahoo... another motivational Post #1 material. I, for one, am willing to tread that perilous & dark 1-foot wide lonely road. I believe many others here are willing too. Self-Belief, Focus, patience & knowledge (among others) are ...

james16 Chart Thread

AstonDan, u must consider the current trend, at least look at M15-H4's trend. Remember, u are trying trade a very short timeframe (M5) here. see my post here too.

Jankone M5 thread

vijay s. see my post above. jpy crosses are moving up. no need to drop a parachute over a just-launched rocket, or go head-on with a moving train. if u have time to monitor the charts/trends, u can't simply enter a S/R area, as S/R's either hold or ...

No Brainer Trades

jimboo, Welcome & nice first post! Continue reading & continue learning! Good luck in your trading journey fat_tom, Doing great huh? Keep it up! U will be out of the rat race soon... one step at a time dmc, fairly similar ...

james16 Chart Thread