Hey i enjoy ur product. Have had it for a few weeks. Its really nice for the price. I have a question maybe I am missing it. Is there a way to close half your positon. If i open 10 lots can i close just half of them? I may have missed this option ...

trade simulator

yes and I agree with you That's why i said people should practice what works for them. I was just stating even knowing what you posted. If I make money week and week out ignoring the bar. I am not now going to use the bar. That's all I was ...

james16 Chart Thread

well i have ignored all sunday bars on my platform. And it does my trading quite well, so I will continue too. Also james teaches it like this, so its not raining on my parade because it has helped me. I suggest others practice it and whichever way ...

james16 Chart Thread

Yes i bought this a few weeks ago, and do recommend it. Its good stuff and cheap. Mike

trade simulator

I would enter on the break of Monday. So that highlighted candle is already formed. My entry is the break long the next day(Tuesday). Hope that helps, Mike

james16 Chart Thread

well the entry point if you stuck it out on my daily chart is an IB that formed, It was a TBL that was off by 1 pip. Shows exhaustion till broken downards. So you could play it for a break high . Ignore that bar with the purble x through it. That is ...

james16 Chart Thread

its instant! its all automated. Hope to see you inside, Mike

james16 Chart Thread

Ah the million dollar question. Well I think this becomes a personal thing, where your comfort level is at. I have developed my personal take profit system tht works for me. Some people only want 20-30 pips. I couldnt tell you an exact number. I do ...

james16 Chart Thread

Hey clam, For that trade I would wait to take a break out of the 365 or 200 ema cause it got trapped right in. Then i would prob place my stop on the other side of whichever ema it broke out of. Oh hope everyone caught this trade also. This is ...

james16 Chart Thread

Hey Rusty, I would suggest reading the James16 price action thread. You can trade it on any time frame, but if you trade it on the weekly and daily charts, you could definitley find the time with a full time job. Let me know if you need anyting ...

Trading methods for people who have a day job.

just an update, this IB broke south and stalled exactly at the 365 ema, no suprises. So if you did take the IB south I would just monitor it close, cause it wouldnt be a suprise if it comes back. As always we cant predict, only improve our odds BEST ...

james16 Chart Thread

Same chart zoomed in. Like i said this at least gives you an idea of where this thing may go/stall if you decide to play it both ways. Best, Mike

james16 Chart Thread

Here is a current trade to watch. This is just an example of what James posted about support and resistance. It's some strong stuff, and definitley puts the ball in your court. This is the USD/JPY , first zoomed out to show the ...

james16 Chart Thread

very well written, good stuff best, mike

Determining Risk

I think demos have there place in learning to trade, but once you are comfortable with the aspect of trading I think its best to open a real money account even to trade just a 1 unit lot size like Oanda allows. As regards to your example on poker. ...

A challenge to those who say Demos suck.

well at this point, its a free trade for me. I close out half my position and I'll let it run till signs of something to the upside. At the least you should come out B/E on this trade last night was fun though, I was in longs on the AUD/USD ...

james16 Chart Thread

I'll throw a post in of a trade I am still in This is the pin of the USD/CAD. Not the longest nose but worth the R:R of where its located. Up over 100 right now scaled out on the bounce off support around 1.1300.

james16 Chart Thread

Market Wizards New Market Wizards

Books

check out the Vegas stuff here on FF, I am assuming you are asking about the red lines, cause I have nothing else on my chart but a few MAs Take care, Mike

james16 Chart Thread