Hey D As a few said that's not technically a pinbar. I actually spoke about this in my webinar last night and said it makes more sense to buy towards to the high to fill the wick. T he better selling area is near the high of that pinbar at the ...

james16 Chart Thread

Hey Cisc Sure here is that PPZ. It's still a zone but the zone is small enough that it's more accurate for me. Current sell is a fresh sell, first position was closed right near the lows. Let me know if that helps C Mike

james16 Chart Thread

Hey Peter I use what is called dynamic R:R. My R:R on this trade was 2.4 : 1 If you cut your losses effectively and logically you can flip R:R in your favor. It's a dynamic concept that I think is misunderstood So in this case I let my winners run ...

james16 Chart Thread

very nice guys looks like a bunch traded the classic J16 BEOB beob engulfing Beautiful price pivot zone, retrace to the pivot(think about the article I wrote yesterday and optimizing your entry) TP logical area gap and previous support Here were my ...

james16 Chart Thread

Been a crazy month for me. Newly engaged, my fiances grandmother passed away a week later. Things are settling down and i'm looking forward to being more active here I will be writing more blog posts in the coming months. It's easier and more ...

james16 Chart Thread

' excellent alphac I saw a bunch play the gbp aud and gbpcad I played the gbpjpy based on the wedge and 2hr OB. My charts from the PF image image

james16 Chart Thread

Very nice guys many of us took this one in the group too including myself i played the retrace to the bar lows at 9450

james16 Chart Thread

Hey 4 I like how you tried to enter on the retrace of the pinbar. The problem I have is the Pinbar is sitting right on the FTA(marked on my chart). So the low of the pinbar is right on a PPZ. You are better off waiting for when price can CLOSE under ...

james16 Chart Thread

Thanks Flor

james16 Chart Thread

Hey Tampa Welcome to the thread, Flor gave some great advice. There are a lot of links on the first post and videos on the youtube page. I would try to read the first few hundred pages or so and with the other material you can get caught up pretty ...

james16 Chart Thread

Man I hope people play it safe I will be flat going into it and really don't intend to get involved till next week. Liquidity will be low, margin requirements increased, spreads(who knows how big). Be very careful folks. i've been dabbling in ...

james16 Chart Thread

Hey VK Trend is important, but it's a small component in picking a trade. I prefer to think of what is the story of the market. Usually it's either the market is sideways so IF I find a trade, be quicker to take profit cut out, or a market is ...

james16 Chart Thread

had a short holiday in antigua with my lady. Was beautiful to get away. Charts feel a bit alien right now but i'm going to be catching up on things in here too Hope everyone was trading safe Mike

james16 Chart Thread

You are right dustbin There is NO secret sauce in trading. No shortcuts. No easy money. The best advice I can give is just to be critical of yourself and your losses. Learn the little nuances. Practice smart trade mgmt by cutting your losses. And ...

james16 Chart Thread

hey Tony We don't but if you are looking for someone who offers rebates I suggest reaching out to Justin @ forestparkFX. He is a great guy and works with most of the major brokers and an all around nice guy. We don't offer rebates though Best Mike

james16 Chart Thread

In case anyone is curious, I closed this one down at the TL and will now watch for possible break out PA or pre-emptive breakout bars as I call them Mike

james16 Chart Thread

Your English is great F! I prefer false breakouts. Since you have the staggered highs(the small purple dashes) it shows that buyers are weakening on new highs. So trying to buy a breakout long is harder to do in my book. If price had a FLAT top for ...

james16 Chart Thread

Hey Flor We have heavy divergence here so I actually was more into a false breakout of an area like that. I took the 8hr pinbar short Here was my chart in the private forum image current image Best Mike

james16 Chart Thread

Hey JHE Don't worry about the keltner bands. You can use them or bollinger bands if you are looking for additional confluence. What you will see us mostly use is just simple side to side support and resistance, some simple PA bars, trendlines, some ...

james16 Chart Thread

Thanks Flor I suspected that too but wanted to keep my analysis more general. It's very difficult touch trading most S/R without more concrete confluence. That's the tricky part even with Jarroo stuff(which is great step up though) Hope you had a ...

james16 Chart Thread