FXBat — Lets be honest to each other and admit the ONLY reason price ever moves is because the participants who control the most shares AT THE TIME agree on a new price. It goes without saying that these are the active participants. Now when ...

james16 Chart Thread

Hiya Giuseppe, This is one of those things ...heck they are all like this really. It is only a question you can answer for yourself. I can list famous traders who don't use volume at all. Others will swear by it. I used to use volume a lot in my ...

james16 Chart Thread

You hit the nail on the head there Mr.Bundy! Everyone thinks the dollar sucks and it will tank, makes me want to get long lol Jason

james16 Chart Thread

lol yeah missed that one by one pip, but like Mike and other great traders say ....Its just another trade. I got 1:1.5 and split. Looking back over the last hundred trades or so by FAR the biggest losses were caused by over trading showing a ...

james16 Chart Thread

I went long on that 4 hour swissy bull flag you posted. Figured it for a good chance to test the old high. Missed the profit target by 1 pip! Moral of the story is .....you never know. I really liked seeing how Ghous and Mike drew their charts ...

james16 Chart Thread

Smiley avatar — Giraia, Change that avatar to a smiley face bro! I feel sad every time I see it lol Jason

james16 Chart Thread

Thanks Mike, That sets me strait. If you miss one , no biggie , always more around the corner. So if the bail out goes threw.... = long term change in trend? I mean this is a big enough event to cause a change in sentiment don't you guys think? ...

james16 Chart Thread

Hi Mike, I meant if you miss a breakout trade do you let it go or wait to re-enter? The one that I missed is EURUSD at the start of the week. I drew to arrows on the chart, one arrow is the missed trade the other is where you are at theoretically. ...

james16 Chart Thread

Thank you for the excellent charts Bundy. Very insightful, I faded that pin but were so close/ on S/R I only took a very very small position. When I look at a chart I try and think were would I like to get short from? Where would I llike to go long? ...

james16 Chart Thread

oleman kinda sounds like our James — oleman: . . . . Tue, Dec 10, 0:31AM CST (-0600 GMT) m& tb:on TA--some folks use a lot of it, some not so much. I've got 0ver $5,000 worth of books& I've read em all. When my son got ready to learn to trade, ...

james16 Chart Thread

PPZ — Thanks Mike, You are the man ! My pc was down most of Sunday and Monday. PC hell, had to run sys recovery, use chkdsk to fix bad sectors on my HD, reloaded vid drivers and ran driver sweeper and even cleared the cmos on the ...

james16 Chart Thread

Thank you Bundy — Thank you Bundy! I still don't really know what a ppz is. From reading back threw the thread I would venture a guess that its a "price pivot zone" and is an area that has acted as both support and resistance? Thank you so ...

james16 Chart Thread

cluelessbroadband — Hiya clueless, Just wanted to take a second to echo what others have said. Its not the formation as much as the LOCATION. I have been trading hammers for years some of which where pinbars. However I did not know they were ...

james16 Chart Thread

Ranging Market — Hello all, James said that most traders get killed in a ranging market because they don't know how to trade it. What is the J16 way to trade a Ranging/consolidating market? Second question, Do you guys set profit goals each ...

james16 Chart Thread

Oleman — I found a collection of his wisdom buried in an archive some where. I still have it saved and think its cool you guys know of him too. Jason

james16 Chart Thread

GBPUSD short — Hiya ghous and Jarroo. BTW made me feel good you related to the fetal position Jarroo My pc went down on me but So I only shorted this one. Was looking to short it from Friday. Took 3 trys to get it but man its a sweet trade. ...

james16 Chart Thread

PA 2 cents — James has said a 100 times , higher time frames till you get it. Ryan does not argue that. The PA still works great on Lower time frames. S/R still holds ,bar patterns still work. The difference is the spread and the speed. On a 5 ...

james16 Chart Thread

Exit — @Mike thanks for this, you said it April 11, 2007 and sounds as solid as a rock. I will listen. Thought others might like to read it too. Jason

james16 Chart Thread

Beat me to it! — Jim, I would like to echo the thanks posted above. The work and effort put into this thread has given me the courage to believe in what I see. Thank you for creating a solid path that we may follow. When I read your posts ...

james16 Chart Thread

Ross — Hi Ross, It means counter trend. IE Very high risk. Jason

james16 Chart Thread