this ones at breakeven now This is what I was hinting at in my rant about knowing where to enter on your bars. You can get yourself into more trades with smaller overall risk and NOT jeopardize the trades. As opposed to just buying/selling and ...

james16 Chart Thread

Hey P A multi bar high/low is just like TBH/TBL james teaches in this thread. I just look for a lot of them in a row because orderflow builds up greateer. The idea is the same behind TBH/TBL and of course I like them with confluence Best Mike

james16 Chart Thread

this ones stopped out at b/e but the lessons are still valid and now i'll just watch the daily for a potential breakout too

james16 Chart Thread

Here is an expansion on divergence for you in a sideways market Here is my chart I sent yesterday to the group about a pattern I am watching. This chart is the "squeeze" pattern. So price is SIDEWAYS. BUT like above price can be defined into a ...

james16 Chart Thread

Hey Phil Glad to see you finding success but don't be discouraged our egos always want to creep up and that's why time spent will be the best way to help subdue it in the long run. With that said logically first off you MUST use MM. The reality of ...

james16 Chart Thread

Divergence is a great tool but yes it's less importnat to me in a very choppy market that is diretionless(ie can't be defined by a pattern where the divergence is important). As for closes. Closes are very important. Now I will rarely if ever just ...

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Hey M Here was my original post and reasons for entering at the time of trade url Best Mike

james16 Chart Thread

any surprise to see price bounce? Simple side to side s/r , but more importantly confluence and strong areas are all you need

james16 Chart Thread

welcome Kotsh Glad to have you and glad you are getting on demo to get things going You are correct based on your chart. I'm not the biggest fan of hidden divergence myself, so i'll give the tip in the case of your above chart just view it for what ...

james16 Chart Thread

Hey Adhavan Yep keep it simple here don't overthink most situations If were looking at the 4hr beob as you said price is right near support. So we wouldn't want to be sellers into the last buying point. Or at least I wouldn't. This is one reason we ...

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Hey P No you can't trade stocks through an mt4 based FX broker Best Mike

james16 Chart Thread

spot gold is a pain to trade in the states with the new laws on margin. That's why using an ETF can be very beneficial

james16 Chart Thread

that chart is spot gold which is xau/usd, i used GLD etf

james16 Chart Thread

hey P I always tell people the more logic you put into your trade and the less you leave up for yourself mentally the more you will minimize a lot of these mistakes that come from the mental side of things. Losses are a big part of trading, it's ...

james16 Chart Thread

i've bought a retrace on the gold daily buob back to the daily flip and massive weekly support. Being in the states ive used an ETF but they run the same

james16 Chart Thread

Hey MM That's correct if you are measuring the retrace of the recent move from low to high. 100% would mean price has retraced 100% of the move that started at that swing low Let me know if that makes sense Mike

james16 Chart Thread

Hey Poinson Check out my recent webinar I posted up for guests here. I go over detailed why I was thinking this situation video Hope it helps Mike

james16 Chart Thread

hope you all had a nice few days and break if you got it, good to be back and getting plugged in as I recover from my food comas

james16 Chart Thread

i'm off for a bit here with thanksgiving holiday and a wedding so I won't be able to get here much to comment Here is my webinar yesterday and thought I would post up as a little treat. It covers a lot of topics and hopefully it helps some of you ...

james16 Chart Thread

an example of what i'd like to happen This area can hold as resistance as it has(many have shorted at that previous support). Personally i'd be at breakeven if I did. I'd actually rather us say hold here today then close back above this area and ...

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