Hey Dye Not a problem at all they all count towards the year When you go to sign up use your past user name. If you forgot it drop me a PM with your email you think you used And thanks Ghous Mike

james16 Chart Thread

merry christmas to all

james16 Chart Thread

I sent this note out to the private group but I do want to paste it here because this thread is the starting point for the group and I spend such a great deal of time here that it is so important to me too and a part of what we do since day 1 ...

james16 Chart Thread

many asked me about this one so here is what I said to avoid it. I didn't like how price broke out and created that bar on a friday. As well as and most importantly we have a large gap that still didn't close. I said I was going to look to sell when ...

james16 Chart Thread

Hey Jib I have no problem being in trades prior to the interest rate announcement. I wouldn't be entering any new ones though that late in the day. I generally don't enter new intraday trades(4hr and lower) after about 10am et NY time. But their are ...

james16 Chart Thread

stop at b/e which is right near last weeks high

james16 Chart Thread

Hey SM Thanks for dropping in. I agree and disagree and I'll explain why. It is certainly crucial to know your game plan or story of your trade as I refer to it. But as a discretionary trader I can't know my full trade plan because new information ...

james16 Chart Thread

Fantastic R

james16 Chart Thread

Few things I want to comment on here for you and others M You don't neccesarily need to have your exact exit plan up front. In fact I often have an idea of whta I am looking to do based on the "type" of setup. But as new information comes into the ...

james16 Chart Thread

Hey Iuliu Not much differences to buying/selling FX in many ways. Differences in terms of brokers are that you must have an account that allows this (of course also depending on your country) Generally just on margin. You must meet minimum account ...

james16 Chart Thread

Hey M Glad it helps. Of course all just opinion and based on my own experiences. A few things that might at least keep you thinking(which is always good and challenging yourself as you analyze your methods). -Is it really worth trying to then ...

james16 Chart Thread

Hey Michal It's not that option B is wrong. There is no flat our right or wrong in many ways in trading. It's about having an edge with your method or not. So if you test out and find that by doing option B you are profitable, then great. I never ...

james16 Chart Thread

Hey Michal I think mental stops are a horrible idea for many reasons 1. A trade should have a defined risk that you can not do with a mental stop. That becomes a catastrophe and is no longer really a stop, but an "idea". When I determine my stop ...

james16 Chart Thread

Hey DGB I put physical stops in always. But this is one reason why I trade equities from a weekly standpoint. It smooths out those gaps and they don't play as huge of a role. If the chart starts looking like your average FX chart it generally ...

james16 Chart Thread

Hey Aserafino Great location for a trade(check daily chart for the previous resistance) I think the first area is a great take profit area. I don't split my positions up so I would take full profit at area 1 funny enough someone JUST emailed me ...

james16 Chart Thread

stop above current weeks high now puts me nearly at b/e with my pullback entry it's crucial when moving a stop that you are moving it for specific reasons which do not negate the integrity of the trade. A stop loss should be the point at which your ...

james16 Chart Thread

and im out

james16 Chart Thread

Here is a trade I entered yesterday on a retrace to the red line. Beautiful support and resistance at work with confirming PA. Tight stops with a heavily confluenced area make it easy to enter classic stuff that enables a trader with an easy entry ...

james16 Chart Thread

Hey M Here is what I see with the most important points to me Small beob. Notice the much larger proceeding BUOB. Swing high but with no space. This puts us immediately in traffic leaving a lot of flexibility loss on the entry and mgmt side. (red ...

james16 Chart Thread

this one has been moving well I am now with some locked in profit looking for a little bit more but we are at the FTA

james16 Chart Thread