Hey Nuc I don't see anything wrong with that trade , in fact I took the same one. I do believe I should have stuck to and taken the eur/try that day as it had more confluence and a stronger close but since I had a belief they would move largely the ...

james16 Chart Thread

here is my chart from yesterday image and todays current chart. Notice price now pulled back to where we would expect and I can logically lock in profit image

james16 Chart Thread

Hey P You have the general idea correct in terms of we are looking to use the chart to help enter and manage our trade. How long we hold it varies on the trade for myself and most. I have held a trade for a year using S/R. It really depends on the ...

james16 Chart Thread

Hey Stock This was as good as a location gets in my book personally Here were the original charts from the group. Because of bar size I had initially gone for a closer target but as the new story of the breakout also formed it warranted looking for ...

james16 Chart Thread

Hey G What do you mean here? Can you clarify ? Thanks Mike

james16 Chart Thread

Hey Nej I am currently at breakeven and watching the BRN and previous swing point to move stops again. Gotta wait a bit here see what happens next. A safe move would be above todays high but I am not quite ready for that yet Great job Mike

james16 Chart Thread

Hey M Their certainly were entries in on this one. I think the daily beob although it was small made sense based on location. I talked myself out of it because I was and am currently short the aud/usd and figured based on locations and how they were ...

james16 Chart Thread

my man Dan couldn't be happier for ya Mike

james16 Chart Thread

great to hear P i've been reading your posts you're doing well , keep at it We will be putting more videos and new ones up soon as we get the new site rolling for you guys Mike

james16 Chart Thread

Hey P These are tricky when you have such a small bar after such a large run up(and even the short term proceeding bars are much stronger). Also note this bar occurred on a friday which is notorious profit taking day with a trend which can create a ...

james16 Chart Thread

watch as we continue to squeeze at this crucial area for price. Momentum has died here and we have major confluence. Looking for a strong close for potential shorts away from the BRN and channel

james16 Chart Thread

awesome this will be great for the new folks just stepping into this thread. You gotta just stick with it. Nothing happens over night. No one wakes up and goes "ah yes I am now a trader!" I've never seen that happen. It's time, learning, more and ...

james16 Chart Thread

I'm here buddy Yes working on the new site hard! Catching up on everything slowly , got a full plate Best Mike

james16 Chart Thread

Hey D Here is some more information url Hope that helps Mike

james16 Chart Thread

Hey winston Not quite a wick play as we speak about them but it's certainly "weak" and that we can see by the location. Notice the BRN just underneath us and we have the box This is a bar that will kill most new PA traders. SO you are so right about ...

james16 Chart Thread

That was the first book I ever picked out and bought myself. I think I was 11 or 12 years old. My parents needles to say looked at me very weird. LOL Mike

james16 Chart Thread

G is right, I am a diehard simplistic trading fan and these charts all sum that up. I just hope those new people that wander into our little corner of FF see this and realize that's all you need Mike

james16 Chart Thread

Hey Jib There are two things I know of One is free and is a plugin for mt4 called Vhands . I have no experience with this but I know many members in our group have used it and loved it The other is forextester which costs money and I have no ...

james16 Chart Thread

watching this area CLOSE

james16 Chart Thread

Both great points S and this is why new traders get destroyed on lower timeframes. Because their thought process is not fast enough with all the inexperience and then emotion creeps in and takes over. That = blown accounts every day Mike

james16 Chart Thread