yeah keep an eye on the rising TL for later use as it was the more important one anyway Best Mike

james16 Chart Thread

'Hey M I would say the bar should be bigger the more you struggle. In this case your chart is very zoomed in which in my vie wis one of the things that gets people into trouble. The bar looks bigger and also loses it's perspective verse recent bars. ...

james16 Chart Thread

Hey M This bar is in a lot of traffic which is basically what G is getting at as well But also the buffer on this wouldn't trigger most in , in my opinion. For me it doesn't make sense to take a break of the bar with a small trigger as highs and ...

james16 Chart Thread

Hey Seany Do you mean large reversals? The main thing is the more trending a market is don't try to pick long term tops /bottoms(even short term) with small nothing bars. Those are often just profit taking, weak selling/buying Here is A+++ prime ...

james16 Chart Thread

that's great andy! Great you are testing and proving things to yourself, that's crucial I also never split my positions Take care Mike

james16 Chart Thread

Hey Andy It's very individualized. I think the point is having 14-20 trades a year and producing such a phenomenal return that most people would literally jump through hoops of fire is the great thing to understand. more trades doesn't mean more ...

james16 Chart Thread

very nice! Good confluence, never traded that market myself Mike

james16 Chart Thread

Hey Ferox The main way I look at trade mgmt starts with the fact that NO two trades are equal. I treat each and every situation independently because each situation is unique it its own way. Now certain things I simply don't do like taking partial ...

james16 Chart Thread

Hey Friend This is a very tiny bar coming on a friday off a much stronger bearish bar. One recommendation I always give is to zoom your chart out a bit. When you keep your chart so zoomed in it will give bars a bigger look which makes us think they ...

james16 Chart Thread

whoops didn't see you answer the proxy question, thanks Steve

james16 Chart Thread

I was watching this one too but what I do is zoom into the timeframes to see if I can find a pattern to hone my entry with PA(further confluence) In this case we had a wedge, that broke with a gap(no good PA as well as rising TL is stronger). I have ...

james16 Chart Thread

great job Thapri! Thanks for sharing

james16 Chart Thread

Looks good J! I like the look from the 1hr even better though personally> i think it gives the pattern a better look but it's really the same thing Only tough part is being so far away from the breakout area can make the initial mgmt more tricky the ...

james16 Chart Thread

Hey Mak That's the area that worries me personally. For me that makes this pinbar more iffy with the size of it. But yes you can use that area as the left eye Best Mike

james16 Chart Thread

Hey Michal Few things can keep you out of a bar like this in my view Firstly size, notice the size verse the VERy strong up move. Second close, notice how price barely closes as a pinbar third and perhaps most important is how the bar size . Notice ...

james16 Chart Thread

welcome to the thread Friend, don't hesitate to ask questions as you work your way through Best Mike

james16 Chart Thread

Hey LT Nope I ignore news, just focus on my chart and knowledge of the market dynamics via price. Keeps it nice and simple for me Best Mike

james16 Chart Thread

I pass on bars like this to Mak Generally it's more just about knowing the market environment. In this case a sideways boxing market with little space to run. When that space runs out price is likely to bounce and the more consolidated the market he ...

james16 Chart Thread

Hey MW Johnny answered you but I thought I would just reiterate that a bar like that is really just a neutral bar. A beob should close near the bottom 1/4 of the bar and a pinbar needs to have the open and close within the prior bar as well as the ...

james16 Chart Thread

Hey Theresa Welcome to the thread! If you are looking to trade the beob you should be looking to trade the bar itself. Price already broke that bar so selling now is really late to the game from the way to start learning. So for example your sell ...

james16 Chart Thread