Hey Adhav I'll say something that may help or might not I watch TONS of things and i'll mark exactly the areas i'm looking for PA and have a great idea what will happen. No solid enough PA shows up , i don't enter and exactly as you said price goes ...

james16 Chart Thread

Hey P Yep the entire entry was based on the 1hr beob. It was off the massive clean support area that's easier to see on the 4hr/1hr Best Mike

james16 Chart Thread

Hey B My initial stop loss to get my position size is based on the entire bar. But then I moved my stop immediately above the retrace high at 7630 which gave me a risk of about 20 pips in this case This is crucial for my trading and I call it ...

james16 Chart Thread

Hey Bleur Small is all relative. This trade gave me a little over 1% gain on my account. That's nothing to call small in my eyes. Just a few of these and a couple of runners and you can build a very healthy account. In terms of technicals we can see ...

james16 Chart Thread

started my new year with two small losses but today was nice and well made up for them Key is always keeping those losses small! Here are a couple of my closed trades today touch trade on massive support area after false break in major PPZ ...

james16 Chart Thread

Hey P No options/futures/stocks in the US are regulated differently than the forex markets. While brokers are supposed to be segregating clients money it's different than a broker HAVING to insure your money up to certain requirements and/or ...

james16 Chart Thread

wow guys just wow I was a bit shocked that we didn't hear much broker news until so late in the day. Many have sent out emails that they are fine but it appears alpari (maybe others) did not make it out. That's very upsetting although not a complete ...

james16 Chart Thread

Welcome V Winston he's buying a pullback of the bullish outside bar to the previous support area. It's a nice play and more advanced for sure. I'll prefer to wait for the breakout myself though as you said and that observation is spot on again ...

james16 Chart Thread

perfect application B

james16 Chart Thread

yes it can be a great tool for confluence

james16 Chart Thread

Hey Green I don't have an answer to your exact question but here is some tips i'd offer about really learning to understand momentum loss on a chart I'm more of a fan of using price to spot divergence. Since any indicator is simply a calculation ...

james16 Chart Thread

Hey K Be careful here this pinbar is in a lot of traffic and super super tiny bar. We have strong s/r just under us too which is where price bounced. The only real way to enter a bar like that would have been a retrace to the left eye which did work ...

james16 Chart Thread

That's perfect T Too many people find this thread daunting so they move on. But just starting from the beginning is key. Read the first couple hundred pages and you'll be more caught up then you think. I'd suggest watching my newbie webinar here in ...

james16 Chart Thread

Hey P Good to see you bud Yes it certainly could hold around here at you marked area. I'll still wait for us to get to the outter edge of the pattern as i'm not a fan of trading a situation like this till we can show a breakout. Let's see what it ...

james16 Chart Thread

few things I'm watching here is the nzd/usd in some nice tight consolidation that is showing signs of momentum loss(divergence) which means price could be rolling over. Price confirmed the TL today so now i'll be watching the daily/4hr/1hr for any ...

james16 Chart Thread

welcome back T those are some very kind words glad to have you and don't be shy to ask questions

james16 Chart Thread

Hey P Yes the new site is being developed in wordpress and is mobile friendly Best Mike

james16 Chart Thread

Thanks buddy, we never want anyone to strap themselves to join us. We'll be doing more guest stuff and of course always helping out here when we can too Your English is great ! Mike

james16 Chart Thread

Hey S We get a lot of new traders on here but I think cause they buried us with a lot of garbage in the commercial section(fair enough we are commercial but you know what I mean) that it changed the people who might be willing to look at what we do. ...

james16 Chart Thread