It's very normal A, believe me. Turn on the TV to your local business channel it's just people screaming at each other over this stuff. This is money big money on the line so it's emotional. As traders though the biggest benefit is that we don't ...

james16 Chart Thread

i'm being super patient with these index charts, people are seeing down the biggest days followed by up the most in one day and it's tempting to buy. I'd never do that here I think a longer term buy is much lower on my 401k. I'm watching this gap ...

james16 Chart Thread

With time this gets easier and easier. It's not going to change over night for you mentally. It's a marathon. I'm down now 1% for the month, but all i care about is that my risk is in check. Next month is another month, the month after, year after ...

james16 Chart Thread

bingo

james16 Chart Thread

well yes and no, week to week news is just part of what moves the market. technicals work and you are going to be fine if you have an edge A market like today is different, it blows past key levels and you really just don't want to be getting in ...

james16 Chart Thread

That's great B, yes times like this lead to great trading times for traders though. Because soon things will find order with the technical levels that develop now I'm flat as well but will do the usual determine great levels and watch for PA ...

james16 Chart Thread

This one moved quick if you didn't get out around 8650, I told the group that's when it's time to look to cut out I took a loss too K but just trimmed that loss which is crucial , price shouldn't have to go down under our PPZ if we are correct. ...

james16 Chart Thread

out for a 1% loss Volatility is absolutely AMAZING be very careful folks these markets are looking to go on a tear or capitulate

james16 Chart Thread

here's a simple trade I have based on a massive PPZ for this week. The only entry you can take here is a pullback to this pivot. If you use my dynamic risk:reward concept it gives you a very low risk entry(again think back to my posts of recent ...

james16 Chart Thread

We should have some updates very shortly K, we will announce here when we do for sure Best Mike

james16 Chart Thread

thank you seabreeze and the rest of you We are very hopeful this one will be it after a long year(5 surgeries). Shes in recovery mode now and lucky for me I work from home so I can take care of her SB your post made my day too and I read it the ...

james16 Chart Thread

Hey K What you are misunderstanding about James16 is that what we do is about formulating a story around strong confluence. Sometimes this comes with PA bars as a trigger sometimes this comes with just a pure touch trade much like you describe with ...

james16 Chart Thread

Hey K Sorry to hear you are discouraged. This is part of trading though you have to learn from your mistakes that takes a lot of time and patience. Losses are of course a part of the game. R:R is always relative to how you get into and out of your ...

james16 Chart Thread

Hey Z Price closed above on the hourly, this was a touch trade which are a bit different and in my view more advanced but it's also just the situation that will dictate for me what to do. Best Mike

james16 Chart Thread

please guys ask away. None of us ever imagined this thread would turn into what it was. Yes most questions people are ask are buried in here somewhere. Those of us that are willing to help and 99% of the people that come here are will do our best to ...

james16 Chart Thread

Hey Mini Yes taking that bar on the retracement is the ONLY way to play it. Be careful playing those bars in such traffic though. The level you played the retrace too was spot on but as a newer trader my recommendation is to look for space for your ...

james16 Chart Thread

yes exactly Ziven You want to be playing around the major s/r, patterns, confluence whatever it is for the trade as close as possible pending it makes sense I did the same thing this morning on aud/usd again. I used that bottom of the box and when ...

james16 Chart Thread

fast approaching major area on the dow

james16 Chart Thread

yep exactly Ziv here was another similar trade I had on aud/usd Short on the 4hr beob(not shown on this feed). I took a slight retrace to the previous pivot(the same one I used previously for a buy) Before image middle quickly moving stop image ...

james16 Chart Thread

Hey Oble Traditionally entering on a break is just confirming a bar. IE a pinbar is not valid until it breaks. But one is not more aggressive then the other. The better way I like to teach it that each situation usually dictates what entry will make ...

james16 Chart Thread