a more advanced play is to buy into the "wick" I call them wick plays where sell orders are absorbed and price path of least resistance is back up through them I took the long on the aud/usd but it's pretty identical play image way more advanced ...

james16 Chart Thread

Hey Pro Nope their are no secrets to what I do. Each trade I evaluate as it's own situation or story. It depends highly on what kind of trade it is on how I will manage that situation. As well as new information comes in Here is a general breakdown ...

james16 Chart Thread

took 44 ticks back to the long side here too, here's my charts from the private group Nothing like todays huge drop but this was a very easy logical bounce area. Mini dow is 5$ a tick per contract [ image image

james16 Chart Thread

Hey VS Nope that was part of the trade mgmt from my earlier short from monday where I was already in from 16985 url Todays trade was a separate one for me Here is a video of it i did for the group video hope it helps Mike

james16 Chart Thread

the flip did hold temproarily and i moved my stop down but not just above it. Market snapped back hard and instead of a 4%+ gain i ended up around 2. Was greedy But the market offered and even better touch trade yesterday for shorts as it's gunning ...

james16 Chart Thread

also i know i've been missing a bunch of your questions and I apologize. Trying to post a bit here and there but my focus has been on the PF and james and I have spent my extra time on the new design which involves that guest section Thanks for your ...

james16 Chart Thread

in case anyone is wondering i'm just looking for this minor flip too hold Notice the last bit of support is clustered around the pin too. If that doesn't hold i'm out but should hold us down for the last push into the TL

james16 Chart Thread

man that cranked late today, i'll be getting out a bit lower as we have a major PPZ and TL. That's a make or break area but i'll look for PA for any reentry

james16 Chart Thread

updated chart, pinbar worked out well but did stall where we though and turned. I took an aggressive touch trade at this area, as well as my first one did get stopped out for a small loss. I still believe the rising TL offers the most logical ...

james16 Chart Thread

just wanted to update one of the charts here on the cad/chf. Notice V how price retreated at the divegence point + TL point. My favorite area is watching for a breakout of these areas though with price action

james16 Chart Thread

Hey K I know you just joined the private group so i'll send you some info over there to your PM box Best Mike

james16 Chart Thread

Hey VS The major issue here is you are trading in the midpoint of a very tight box trying to play a break of just two bar lows. That's a very difficult thing to do with consistency in such a tight environment. Wait till price gets to the ...

james16 Chart Thread

Hey V Thanks for the nice words glad it has helped. Divergence is simply a tool we want to use to give us a POSSIBLE heads up on a change in direction. We want to couple that with more informatin(confluence) when actually taking a trade. So for ...

james16 Chart Thread

Stu let me know what you set up I would be glad to throw a few bucks his way and hope he gets back on his feet very quick! Mike

james16 Chart Thread

hey VS Nope I didn't but their was a good touch trade there(not much PA). I played some of the gbp/jpy breakout as the yen pairs have been quite active. Was a good display of S/R though Hope you had a good weekend Mike

james16 Chart Thread

Hey Jan Welcome to the HUGE thread. Yes it can be daunting but actually not much has changed. Price action is what we teach here and our variations of it. I recommend starting at page one and reading the first few hundred pages in order. Also post 1 ...

james16 Chart Thread

Hey Z I'd be cautious on some of these. Many are weaker closing pins off minor areas trading into some major areas. I'll use mini dow as an example. The weekly shows the stronger area even closer but I used the daily

james16 Chart Thread

welcome Mikkel, good to have you and hope we can get you over the hump I'm just over 3.5 for now. I don't pay too much attention to it but it is a better idea of where your trading is at then most numbers out there Best of luck and be sure to post ...

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Hey E Here ya go, been awhile since I uploaded a guest video video

james16 Chart Thread

glad I can be of some help P

james16 Chart Thread