well im already short, so I will be different

james16 Chart Thread

North Finance should do the trick

james16 Chart Thread

Hey Dan, and IB is just an inside bar. An inside bar is when the current bar is contained within the previous bars range. So the current bar from high - low is smaller then the previous bars high-low(range) And I4b = an inside 4 bar, where the ...

james16 Chart Thread

Hey ray, Matching lows/highs can be great ways to play breakouts or continuations. But my recommendation is to find these patterns on the daily and higher charts. This raises our confidence level much better on these higher timeframes. Patterns such ...

james16 Chart Thread

yeah this is a neutral bar(open and close in the middle of the bar) - shows indecision, no trade based on this candle for me

james16 Chart Thread

Hey mamutot, my answers in bold remember these are just some of my thoughts. In the end it is up to the individual. Have a good weekend, Mike

james16 Chart Thread

no matter what James says I made that for him

Show your workstation!

this man speaks the truth...spend your time absorbing everything the great James16 speaks, you won't regret it best of luck, Mike

Best trading systems

also of course since Darkstar mentored me I share many of the same viewpoints But this is along the same lines from a different thread(thread was about a traders edge) So this goes along with how two traders can take the same trade and one can lose. ...

Exits: Our worst enemy

I don't quite agree, from a discretionary trader standpoint. I believe entries are important to get me into a high probability position, but managing the trade is where I make my money. Just because I would be flat in a market(if I was just sitting ...

Exits: Our worst enemy

As far as i know

Jacko's Forex House of Pleasure and Pain

a good place to start is with the big name brokers, a lot of the broker websites you see, they are just IB(introducing brokers) for other companies. For any company u see then check the NFA website. I personally would never put money with a company ...

Proposed NFA Capital Requirement

It can be very overwhelming, the best thing to do is find members here whos opinion you can trust. Then you can start to narrow down different brokers depending on what you intend to do. Also when you start to settle in on a brokers name make sure ...

Proposed NFA Capital Requirement

and that's why we love him

Which system is the best? Or which combinations of systems work the best?

Hey Raz, this pin doesn't fit my personal criteria, so I will be passing on it. That doesn't mean it isn't a good trade or one worth taking, I just have my plan I like to follow week in and week out. Take care, Mike

james16 Chart Thread

lolol michele your edit reason has not gone unnoticed

The simplest question about MM

Wiz I am glad you did so well on your trade, but I HAVE to chime in here and say that anyone who is starting to trade, just because you believe the trade is a homerun doesn't mean to throw your whole bankroll at it. Live to trade another day. ...

james16 Chart Thread

just going to keep this on my clipboard cause this is at least the 5th time i posted this link lol this is a thread in the recycle bin url

Proposed NFA Capital Requirement

yeah I don't do those often so my hats off to you. First touch can make for some amazing amazing trades. Sometimes I am too conservative, maybe with time I will loosen up more hehe

james16 Chart Thread

I took a long position on the inside bar. So hopefully it holds up for a bit longer But if not, I will watch for the tipoff or pullback Mike

james16 Chart Thread