Hey Verbal Maybe these charts will help you. A few others got caught on the aud/jpy pinbar and here was my response and charts "here is how I see this area If you can see the larger story and the shorter story together this may help you a great ...

james16 Chart Thread

Hey Phil Welcome to the thread as well too Few comments on the above. Their is nothing wrong wtih trying to get tight stops based on daily charts. This is what James calls day trading a daily chart. BUT the key to remember here is that not all ...

james16 Chart Thread

Hey Dmitry Welcome to the thread When starting out try to look for pinbars at nice swing highs with space. This bar is in a lot of traffic. Meaning we have no room to move and thus we are in consolidation. Bars like that can give traders a lot of ...

james16 Chart Thread

sure is Winston I was watching the initial break of the rising TL but price kinda just trickled out. Not all that interesting. We can see price sqeezing too. SOMETHINGs gonna happen. Just gotta wait for solid PA here Nice charts recently bud ...

james16 Chart Thread

Great D sounds like you have a good plan and you are being smart. That's what matters! Different ways to approach the overall aspect of trading and that's great Mike

james16 Chart Thread

Absolutely P! Take the best setups no matter your account size. That's THE MOST IMPORTANT THING. If you can do that it's only a matter of time building and adding to your account to get there. Grass is always greener, keep at what you are doing and ...

james16 Chart Thread

Cool brotha Yes I consider a small live account basically demo. As long as that money isn't anything one will miss if they do lose it. I always did that myself. But I go through the same things as you guys. James is teaching me options now and I ...

james16 Chart Thread

Hey P You hit on some important points that i'll give you my opinion on and hopefully gives you some direction -Firstly james always talks about small accounts and how most people lose because of small accounts. When a dollar amount on a trade ...

james16 Chart Thread

simple example of an intraday play i'll be watching we have price at a nice PPZ in a consolidation. On the hourly momentum is dying so i'll watch for longs. but ONLY if we can get nice PA to signify that pop higher

james16 Chart Thread

i'd agree with you verbal. I think that's the capping point for this market right now and a more significant TL to play a break of I think TLs are one of the most misunderstood confluence tools. If we use say just a TL as our main confluence tool to ...

james16 Chart Thread

absolutely P, i'm trying to get more plugged in here I promise lol FX markets are pretty choppy after their huge runs. That's good though as some nice breaks will come if we are patient too(or be sure to trade sideways markets with that in mind) I'm ...

james16 Chart Thread

Hey D Way to go! Just a word of caution on setting monthly goals or often I hear people having daily/weekly goals. Don't force yourself to take trades just to try to make a minimum goal you have in mind. While wanting to attain certain targets is ...

james16 Chart Thread

welcome liquidity, a poker player I see

james16 Chart Thread

Hey P I just made an important post above this one about the idea of wicks. You are right in many ways. A wick is often an "almost" pinbar. The idea is to look to fill through that wick. So our stop goes above the high/low of the wick(which is often ...

james16 Chart Thread

Hey K Apologies taken so long to get back. My free time outside the group has been spent on the new site We always want to think about the order flow that makes up our bar. Many people will say pinbars don't work because the move already happened. ...

james16 Chart Thread

[quote=Winston Reed;7813378] ya i'm not a partial profits fan myself. Of course like everything in trading it has goods and bads and is largely method and personality dependent to a degree also. I always did better with full profits and stick with ...

james16 Chart Thread

Hey K I see a lot of similarities here with my current trades I posted about a few posts back Usd/jpy is again off a strong area but also weak bounce. This is very "wick" like. Here is an example of a wick play and see if you can see the application ...

james16 Chart Thread

[quote=Winston Reed;7812102] good job winston, that's the right move in that situation. It certainly offered something and MAY go further. But once you lose the locations to manage in a confident way we have to leave too much on hope and people get ...

james16 Chart Thread

I said i'd come back in here and explain a bit about the xxx/jpy pairs For me all those pinbars that formed were all just a bit off. Or none really had a ton FOR them. Most were so-so in weird locations. That's a bit suspicious for me with what the ...

james16 Chart Thread

i'm pretty pessimistic against the yen pairs that formed. I'll get back this weekend as to why on your charts. I think if they don't blast off we can see downside as the location on them are all a bit iffy. I got back in short on Russell 2k and dow ...

james16 Chart Thread