As i've been trying to do I wrote an article on this beautiful friday For some of you this is obvious, for others it might be obvious and you are still doing it Enjoy the weekend back sunday! url

james16 Chart Thread

Hey PA Not necessarily. Sometimes you can get a bar like that that is a trend changer(swing high low) with no S/R. I would say more times than not though you want to be trading around S/R Best Mike

james16 Chart Thread

Excellent K looks like you are really knocking them down. I was looking for a bigger push higher so I got stopped out on this one Enjoy the weekend Mike

james16 Chart Thread

once that retrace order is picked up if price can break the high of the PA bar I like to reduce my risk most times. This is the dynamic part of R:R to me. So my risk goes from 3% down to .86% and you still maintain the integrity of the trade

james16 Chart Thread

Hey Mak I would be more interested when we can get closes above the PPZ marked on my chart I think we have a few outsidebars that if we can get our orders picked up before price breaks the bars have good chances for their FTA. For example the ...

james16 Chart Thread

good pop now so it's good to cut some risk down when you can

james16 Chart Thread

nice the one, always key to just know the market environment. These sideways markets tend to chew up accounts. To add here is what i'm watching for on the euro url

james16 Chart Thread

Hey RB In terms of space it's about run out in this area. That's always a potential major turning point. Don't be shy to take profit unless you have bigger reasons to hold, especially in these types of choppy markets Best Mike

james16 Chart Thread

This stopped me out for a .5% loss, initial risk was above the swing then reduced to .5. That's something I try to be vigilant about. Still in the minispt500 but will be watching to cut that one too if we can't start to swing higher over night Mike

james16 Chart Thread

I also like the idea of buying back the SP/DOW to the highs of yesterday, and then looking to sell again I just like the volatility either way though

james16 Chart Thread

Looks good Mak! I took profit but it's still rolling. I got short instead on the nzd/cad

james16 Chart Thread

Hey TG The main reasons people would take that one would be the double top and failure of that last major swing point. I'd prefer if that bar set higher up into that swing myself. But those can work well if they break hard. Best Mike

james16 Chart Thread

closed down the dow position now too, I think huntin for retrace entries now near the red flip makes more sense then giving back so much profit. also gone to breakeven on the nzdusd trade last night, watching this rising TL close

james16 Chart Thread

closed out the sp for a nice profit but will let the minidow run at b/e i think we could see 200-300 pt retraces still before the next leg down.

james16 Chart Thread

Hey Osman Hope you had a good weekend The reason I was confident to short this was based more on the fact of the false breakout of the wedge. So the confluence of that, close under 7400, 2day pinbar etc, all help me get into this trade. Also it ...

james16 Chart Thread

whoops sorry just got an email I posted the same charts here are the updated charts. I moved my take profits down

james16 Chart Thread

that was fun! Going to look to close out the sp position sunday and let the dow position run at b/e enjoy your weekend and it's almost football sunday Go vikings!

james16 Chart Thread

been trying to use twitter more here are my shorts , i've been talking a lot about the indices on twitter url

james16 Chart Thread

another one from the PF shorted the 2 day pinbar on the false breakout of the rising wedge Happy friday

james16 Chart Thread

with so many markets so indecisive(seems everyone is waiting on the FEDs next move or lack there of) Here was a MONTHLY trade I executed yesterday Here was my chart from the private group Gotta be patient on these monthly charts but it's great that ...

james16 Chart Thread