Your opinion is always welcome, you've been at this game a lot longer than me Yeah, I dont think there was too much wrong with my method. But I suspect that my emotion is getting the best of me, and that I should stick with the simple things at ...

james16 Chart Thread

I have to keep reminding myself that I'm in the weekly for the long haul. If I hit my target, I will have a good return, but can't see it getting there for another few weeks. Just have to keep away from any more stupid moves, keep from messin' with ...

james16 Chart Thread

Spot on Ghous! Last night, looking at my trade I was thinking 'this is great, it just keeps trucking, let's pile it on!". Then I woke up this morning, saw the reversal and loss, and ended up calling myself all sorts of names over my cornflakes! ...

james16 Chart Thread

Been in GBPJPY since beginning of the week - seen some good pip gains, but have a small return as I had small position due to massive SL on weekly. Everything going well until last night when I started messin'... On the four hour chart, it's been ...

james16 Chart Thread

Starting to understand the concept of traffic, and what I need to be looking for. Cheers.

james16 Chart Thread

No worries from me pal, what a great tune by Pharrel, and a great start to the day

james16 Chart Thread

EURUSD - look at how the price closed yesterday right on the long term weekly uptrend. I think this is what Tail Gunner would call traffic, and what I should have been aware of before entering the trade. Or played it with tight stops to maximise ...

james16 Chart Thread

I'm out with a profit of 19 pips. After I moved my stop up yesterday to the 50% retracement, I left it. I remember thinking and posting that this trade still had a way to go down... Have a look at it now - it's swung round like an wild animal, and ...

james16 Chart Thread

Looks like the momentum has slowed a bit - Stalled 3 pips away from your 1st TP! I've moved my stop down to 1.36080 - rationale being that we have just hit what I see as an S/R ~1.3577. So keeping ~30 pips away from there to give it space to move, ...

james16 Chart Thread

EURUSD - Short - Daily Took this last night at daily NY close due to pinbar bounce of downtrend. I'm 40pips in profit seems to be holding around 40 -50pips, so have moved to BE. Again, all the exit dilemma's crowding my head. If I was Michal7 I'd ...

james16 Chart Thread

Good stuff - I'm in this trade too! Really small position though due to the size of the stop I had to take. The test will be if I can hold my nerve over the next few weeks to see if it goes where I hope, which is the dizzy heights of 173 ( got some ...

james16 Chart Thread

"Break even... shit. I'm only in Break Even. Every time, I think I'm gonna wake up back in profit..." Thanks and good to know you are getting past your Willard days! Great advice and experience - and good to see things working for someone ...

james16 Chart Thread

Thank you very much Tail Gunner, an excellent post, and a brilliant link. I've certainly been given a lot to think about today re. exit strategies from yourself and Michal7, and I think on balance the thing to do is keep with my current strategy of ...

james16 Chart Thread

Thanks for the rundown.

james16 Chart Thread

Small question re. mechanics of partial profits. Do you open two positions at half your normal size, and then close one when you reach FTA? Cheers

james16 Chart Thread

Where do you see me going wrong? Thanks.

james16 Chart Thread

Congrats on your first live trade! Well done - Start as you mean to go on! Ok, to crunch the numbers, I entered at 1.5205, which was a good few pips past the top of the pinbar to allow for spread and to confirm the move. Looking now, I ...

james16 Chart Thread

So, I got stopped out overnight for BE. James16 calls all trades that BE wins, but it still hurts seeing a profit of 40 pips go to 0, and this is only demo ! So this trade was a case for taking partial profits...

james16 Chart Thread

What you are saying here is similar to something James16 was saying on one of his videos - that watching profit turn into nothing or a loss is pretty hard to do, especially when you start having large accounts. I imagine on £10 or £100 per pip it's ...

james16 Chart Thread

GPBJPY - Weekly - Long. I took this last night at open. Long pin bar of a S/R that goes back to '96 ( not sure if this is good or bad ). Also rejects upward trendline. Don't think I see much 'traffic' either, seems to be at the end of a short swing ...

james16 Chart Thread