Great advice Scherzi I think it's always a great help too new traders to hear simple things like this repeated. Their simply are no shortcuts and it takes time. Have to keep that mentality that you are in it for the long haul, couldn't agree more ...

james16 Chart Thread

the last set of posts really make me happy. This is information that just wasn't even available years ago. People didn't speak about such a simple yet crucial topic I've been thrown into the role as a teacher now but let me tell you I can remember ...

james16 Chart Thread

Great post R! One thing that a lot of new traders struggle with and rightly so is understanding how to place each of the different concepts we use within the current story. The natural tendency(just a human thing too) is to lump things. So people ...

james16 Chart Thread

Hey M Remember when starting out to look for a bearish pinbar at a swing high point. This is near a deep swing low which gives most new traders a lot of trouble. Price is also showing divergence which would be another reason not to play this as a ...

james16 Chart Thread

This is a good starting point as the others said Michal. It's good to get your thoughts down. What you are going to see and always should be open to are the changes that are too come to this. These are the little nuances that will REALLY make your ...

james16 Chart Thread

This is what it is ALL about Sean. This is the exact mindset I believe someone needs to have to be successful. In my view most people are doomed from the start because of their mindset. It's just what James says about treating it as a business. ...

james16 Chart Thread

Fantastic Dan, how far you have come! Great example to set for the new folks who are killing themselves Keep it up bud Mike

james16 Chart Thread

Updated stop under swing low which nearly puts me at a free trade. Will be watching the 8$ area and see if we can get above it and too the 9$ area. 8$ is a big area though

james16 Chart Thread

mistakes are good alb, you should be happier for each mistake you make and learn from. It's a beautiful thing I promise Mike

james16 Chart Thread

Hey Jib Bar size is simply one way to filter out what the market is doing. Bar size alone is NOT enough in my view. So the basics are it's harder to create a bigger bar than a small bar. Meaning you need more of something to occur in the market ...

james16 Chart Thread

hey R Just be careful on these This bar is in a lot of traffic which means trouble is VERY close. Without a strong confluence bars like this ca be a big headache. You are right a lot of ways to skin it Mike

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not always G About 90% of the time I do wait for a break. I took a loss on the eur/jpy which was a fine bar for a retrace trade(as opposed to a break in my view) Also the aud/cad I just closed for a nice win which was on a retrace to the nice ...

james16 Chart Thread

Hey Ney careful with this, remember we want buobs at swing lows. Notice the lowest point of the BUOB is not a swing low so that can be tricky. Also notice you are buying right into the last swing low. This is tricky. You really want to trade away ...

james16 Chart Thread

Just giving my warm welcome to the forum Alb, you got a lot of great advice. Hang out on this thread for a couple of months reading from the start you'll be shocked how much you pick up and your progress in just a short time Welcome again Mike

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Hey Jib I'll shoot you a PM Thanks Mike

james16 Chart Thread

perfect level to watch F great job

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Awesome trade M

james16 Chart Thread

markets been very active for me Here is another trade just closed out BUOB breakout and massive resistance. Notice the BUOB retest the midpoint of the consolidation and PPZ and then close above the resistance level.

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Hey Friend Kiss answered for you, yep they are the same thing Best Mike

james16 Chart Thread

Hey Friend Do you mean BEB? BEB stands for Bearish bar, which is simply a "down" day that isn't categorized as one of the other bar types we use. Best Mike

james16 Chart Thread