watching this one myself D, it's great divergence and TLs Mike

james16 Chart Thread

Hey Pwn I don't love talking about what i'm up as everyone has a different idea of what is good to them. Feel free to shoot me a PM though Best Mike

james16 Chart Thread

excellent even better, although ours will too thanks C!

james16 Chart Thread

hey Incognito Yep the close must be above the previous bars high. So that looks like it's above the high and is indeed a DBLHC Best Mike

james16 Chart Thread

Hey M As for FX we will have our own J16 FX position size calculator when the new site is up. I use the one over here for now url , downside is it doesn't pull in current market price for the relevant pair to get the calculation. Easy enough ...

james16 Chart Thread

absolutely many ways to skin a cat in trading. That's what keeps the markets churning. As long as one is implementing a proven strategy with an edge no one can argue with it! Keep it up guys Mike

james16 Chart Thread

YES YES YES this is SUPER important and accurate. Compounding is a traders best friend both for when we win and to help us scale back when we lose Great post MF and please take note folks Mike

james16 Chart Thread

here is how I entered into the aud/cad. I used one of my wick plays with price closing above the strong resistance. I use a smaller risk as you have less room for risk mgmt on a trade like this

james16 Chart Thread

Hey Incognito Firstly we NEVER want anyone to join us if it will strap them. We offer more free information then anywhere else i've seen on the internet. And not just "teaser" information I have over 11 thousand posts and free videos that I believe ...

james16 Chart Thread

Hey K This is a big issue I see with new traders. They expect too much from their trades instead of taking profit or getting to b/e(reducing risk) at logical areas. Bigger locations will lead to bigger moves but trades that have less of a story like ...

james16 Chart Thread

Hey Kershey This is all part of the learning process. Don't be discouraged by losses, you gotta learn from them best you can. Some losses are just a part of trading. These last few months have been TOUGH. I've potentially had my first losing month ...

james16 Chart Thread

a touch trade from me today image image

james16 Chart Thread

welcome to the thread oble and very glad to hear you taking all the right steps and especially demoing! This is key for ALL new folks and you are doing the right thing Great job on your first trade too, you played it VERY correct because of the type ...

james16 Chart Thread

way to go Jloo! That's a great first post and trade you took. Welcome to the thread Mike

james16 Chart Thread

Thanks Z, it's quite amazing isn't it Glad to have nice folks hanging around like yourself that's what keeps things great especially for the new traders coming in the thread is huge and daunting to even get going for most

james16 Chart Thread

That's fantastic and exactly what EVERYONE should do incognito Trading is really what works best for the individual at the end of the day. No two traders are really ever exactly alike. Even here at j16 you will find my style different ...

james16 Chart Thread

another one on my list this week simple box just watch the tops and bottoms

james16 Chart Thread

wedge pattern i am beginning to watch on usd/jpy look for confirmation of the descending TL, or PA around the bottom TL to confirm exhaustion(divergence)

james16 Chart Thread

took the 4hr breakout on the aud/usd At b/e now Before and current snaps from PF image image

james16 Chart Thread

Hey Ad Gap plays are pretty simple from the basics. Gaps tend to close in the FX markets. Eventually that is. That doesn't mean for all gaps we want to just assume they will close. I like to look for gaps that gap into a very strong area. so if you ...

james16 Chart Thread