Awesome Kiss, the gap was part of what I used to get me in on the retrace as well. It was just too juicy to pass up Way to go Mike

james16 Chart Thread

you peeking in at my computer Good job sir Mike

james16 Chart Thread

hey Friend We define an engulfing bar or outside bar as. Buob- must have a lower low than the previous bar. Must have a higher high than the previous bar and must close near the upper portion of the bar(think top 1/4) BEOB - must have a higher high ...

james16 Chart Thread

Hey N Taking a retrace entry is playing an unconfirmed bar(a bar must break for it to be confirmed). The benefits of a retrace are of course a better price. In this case here the beob to me was better played on a retrace vs a break and this is ...

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one of my current trades I liked the retrace entry best on this beob with the perfect massive pivot and boxed area. I think a break entry was trickier we are right at the FTA now image image

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Hey Alison Welcome! Don't be overwhelmed by the size of this thread or the information. It's actually simple in it's approach since we are just using price. What I recommend is go back to post 1 and start reading ONLY james16's posts. As you see a ...

james16 Chart Thread

Hey Bones The reason I took profit on my short near the end of the wick and not below(or in the case of usd/chf at the top of wick but not below) is the concept of filling the wick is filling where the absorbed orderflow was. So for the euro price ...

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Hey Aidan I didn't see anything in my inbox. Send me a PM wit the email you used I'll get your details to you best mike

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happy bday to the man himself James16 His return is coming......(sounds like a movie) Happy bday buddy

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bingo

james16 Chart Thread

non traditional trade i've mentioned a few times in this thread. I call them wick plays. Path of least resistance to fill the wick if location is right Here was my euro wick fill Mike image image

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long as 1750 holds after a break of beob purple former resistance ppz flip looks on it's way

james16 Chart Thread

updated chart, it's a movin

james16 Chart Thread

One of the most common emails I get are about news Str8. Ghous said it really well. IF you find use of news be it interpreting it, staying out, etc that's great. But always prove it. The one thing I try to reassure people that are learning to find ...

james16 Chart Thread

any surprise, look where price stalled Keep it simple

james16 Chart Thread

I think we could see down to around 65 (see first chart I posted here url ) Best Mike

james16 Chart Thread

any surprise to see the $80 mark hold? Stock, forex, commodities, all that matters is price and it's that simple

james16 Chart Thread

Hey Stark Yep that nervousness would be there for me too. Massive move down. It's not surprising to see a bounce but that small pin isn't very convincing. Upon a break I would watch out for the midpoint of the box. Easy pass on my end Best Mike

james16 Chart Thread

loving this stock to sell

james16 Chart Thread

i think we will have a further move down but I am not willing to give up more profit than this. That's the balancing act when you try to extend certain trades

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