I posted this for M in his PF journal but these are good learning situations for new folks Here was my answer Hey M I think you are getting overly fixated on just the bar setups verse the story. Be sure to check out yesterdays webinar I dive into ...

james16 Chart Thread

that eur/jpy on the retrace was PERFECTLY played Well done Mike

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smart D Also you would be trading back into that TL (the same one I played a breakout on my previous post) I know I have a PM from you and a bunch of others I promise to answer back today been busy as heck

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Yes it really depends, it's all about how nice that TL is for me. My aud/usd I ended up out at net breakeven but it's a TL where price could have closed under the TL too but buying a break would still be valid. It's always that location and ...

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Hey Ziven Both can be playable. I tend to call them pre-emptive breakout bars as they are signaling the potential for the breakout. if the bar closes UNDER the TL you want to make sure to play a break of the bar and the TL because that area should ...

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here are some of my august trades from this week I had 3 trades that either hit my stop by a pip or missed my stop by a pip I took the gbp/sgd that stopped me out during NFP when spread widened by a pip. Woulda worked out but such is life -.45% loss ...

james16 Chart Thread

thanks

james16 Chart Thread

Lets not go back down this road incognito. If we keep it to trading only we dont have to get into petty fights like other threads. Ff has an ignore function if you dont want to view someone's posts. Again charts and trading questions only will ...

james16 Chart Thread

Hey Alphac You are doing fantastic with your locations and PA, i've been watching If I could offer you one piece of advice to strengthen what you are doing is look to enter closer towards that location you are pinpointing. So in this case the ...

james16 Chart Thread

Hey Z We aren't allowed to trade CFDs here in the states. I know that tax implications make them very appealing and i've had discussions with people outside the US that say they are just fine as long as the broker is reputable. Especially on the ...

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here is an example of a stock i'm looking to buy if we can break the TL and this weeks BUOB around $16. Again i don't care if its FX or a stock, or a futures chart. Just looking for low risk and good manageable situations. I refer to it as dynamic ...

james16 Chart Thread

some people like to specialize in a few things but I think it's SO much easier to watch a LOT of things and just wait. Somewhere you'll always be forming nice consolidation, hitting a nice PPZ, coming near a great area etc. Then we just wait for the ...

james16 Chart Thread

good for you anti, treating this as a business is the only way to succeed. The account killers are unrealistic expectations, and wanting everything NOW. It's a true test of ones ability to put everything aside emotionally and focus on just high ...

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you don't just wake up and do that one day. It's a process. I remember having to literally be like dont take that trade Mike, don't do it. Ok good now stop thinking about it, on to the next one. Then do that slightly less each time. The problem if ...

james16 Chart Thread

Yep that's probably the biggest struggle of aspiring traders. The only successful traders I know have that rifle shot approach. The first thing I always teach and get struggling traders to do is cut back on the amount of trades they take. Here is ...

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Hey Shah Shoot me an email with some details like your email you used, or username etc I'll dig it up [email protected] Mike

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Hey D Been awhile since I put anything up but I saw your post I wanted to give you some help on this and I spoke about the gbp/cad in my webinar yesterday. Here is an excerpt on the gbp/cad that you may find useful to help prevent trading that ...

james16 Chart Thread

Hey GB Yep it absolutely makes sense This is a pretty important area for the 4hr to hold now. If this pivot can hold we should make it to the 96 area and then if that can break into the top of the box from a daily perspective we can see that larger ...

james16 Chart Thread

great job Z

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Hey Z Yep I just hit my take profit for over 5% 30 min BEOB was my entry Here are my charts from the PF image image

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