|
|
james16 Chart Thread
 |
|
|

May 18, 2009 4:35pm
|
 |
THANK YOU MERLIN
|
|
|
|
very nice Tyler.
Im very impressed with your obvious understanding of where to take profit or at the least move your stop to breakeven.
jim
Quote:
Originally Posted by greenBarret
Hey guys,
I just started the 3month J16 challenge  This is the first trade I took, I shorted the pin when it broke to the downside.
I'd like to get some feedback, I believe this was not a A++ setup, but it worked out well. What do you think?
Tyler
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 21, 2009 1:22pm
|
 |
THANK YOU MERLIN
|
|
|
|
chart
chart
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 21, 2009 3:41pm
|
 |
THANK YOU MERLIN
|
|
|
|
good to see you Ryan,
Jim
Quote:
Originally Posted by Ryanmcd
Nice to be back, I just had to get off the forums I was on them about 10+ hours a day and was missing trades due to posting lol 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 21, 2009 3:43pm
|
 |
THANK YOU MERLIN
|
|
|
|
no problem,
hit me the wrong way for sure.
he probably meant nothing by it but we dont play those games in my thread.
jim
Quote:
Originally Posted by markmm
Thanks Jim! 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 22, 2009 9:20pm
|
 |
THANK YOU MERLIN
|
|
|
|
i know that feeling. lol.
Quote:
Originally Posted by Ryanmcd
Nice to be back Jim, Just needed some time off the forums but I should be back for now.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 22, 2009 9:27pm
|
 |
THANK YOU MERLIN
|
|
|
|
will someone please translate this for me.
jim
Quote:
Originally Posted by sycho
bro..for the past few day's we have had some bizzare movement around ,since the cable manipulation on monday..i will suggest you add a little volune to you trading analysis,so you don't get caught in the cross fire,BOJ,BOE,FEDS affairs 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 22, 2009 9:30pm
|
 |
THANK YOU MERLIN
|
|
|
|
welcome lddd,
have you read the first post in this thread?
it will answer all of your questions and concerns.
jim
Quote:
Originally Posted by lddd
hello there,
i am new to this forum and this thread, is is still active based on the price action charts posted within the beginning of this thread?
i am really interested in learning more about price action and trading the currency market in general with keeping it simple stupid.
how to find a good start into it, i am willing to learn but i do not have this much time cause of a full time job to sit in front of charts and analyse.
Maybe 5-6 hours a day i would like to spend on trading, what kind of timeframe you could suggest? I am european....
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 22, 2009 9:31pm
|
 |
THANK YOU MERLIN
|
|
|
|
Futures CHARTS
CHARTS
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 22, 2009 10:12pm
|
 |
THANK YOU MERLIN
|
|
|
|
CHART
CHART
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 23, 2009 12:31pm
|
 |
THANK YOU MERLIN
|
|
|
|
 - oh..ok... now i get it... thats what i thought but i wasnt sure...thanks.
Quote:
Originally Posted by mmbmusa
Hi Jim,
Your requested translation: 'Sycho needs to demo a little longer' and possibly post a few more charts, so that other traders can assist.
MM
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 24, 2009 8:26pm
|
 |
THANK YOU MERLIN
|
|
|
|
your worrying me ld. have you read post 1?
make a living off of a 2k account? did i read that correctly? surely you jest.
Quote:
Originally Posted by lddd
well but most of us do not have a 100k and more :-) So you say with a small account like lets say 2k there is no chance to make a mothly living from while only taking this 2-3 A++ setups a month? .. ^^
This sounds quite frustrating
So either i have deep pockets and trade only the best 2-3 setups a month or i should do something else than trading cause this will not making money instead of headache cause i have to overtrade it and break the the rules and end up in loss...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 24, 2009 8:30pm
|
 |
THANK YOU MERLIN
|
|
|
|
thanks tia,
tia you have a way with words.
i appreciate your help here.
i worry about people like ld. ive been where ld is at and its a dangerous place imho.
i just want new people to look away from the dollars signs and think with common sense while they are taking a first foothold in this business.
Quote:
Originally Posted by TiaForex
I hear ya. It is frustrating if you aren't capitalised. But it's better you hear the truth early. If you're looking to turn 2k-3k into a a few hundred grand and do that quickly then the chances are it won't happen.
I think there is a temptation to say that 'hey james has hundreds of thousands, so he can afford to be picky. I only have a little, so I'll just have to take more setups' But remember each setup can lose as well as win, and the chances are that the more setups you take, especially early on, the more likely you will lose all of the 2k-3k....
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 24, 2009 9:48pm
|
 |
THANK YOU MERLIN
|
|
|
|
nice as always,
i wish you would post more often mike.
jim
Quote:
Originally Posted by StoragePro
Frustrating is blowing multiple accounts and after 10 years of doing so, re-reading your post and saying: "If I only had proper a longer term view, I'd be home free right now"
I have some good friends who lament not having a college degree. I've known them for 25 years. And they could all be successful Doctors and Lawyers today if they had a proper view of time. Everyone wants everything now.
A sizable account is not the cause of success. It is the result of success, and you can start small - add to it monthly,...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 27, 2009 3:20pm
|
 |
THANK YOU MERLIN
|
|
|
|
what all of you have to see in this is that Ryan earned his stripes. the fact that he is better at lower time frames than larger is no mysterious thing. im better at a 2000 tick dow chart than i am a daily forex chart. in my case its not really the time frames its the markets. i know the dow from years of trading it.
i swear when ryan talks its like im talking to myself on the phone or something. its very strange actually. there are only 2 or 3 people here over the years that have made me feel like that.
its really very simple.
Ryan has traveled down this road further than where most ARE WILLING to go.
look at the statements in his post and how they mirror mine from over the years. lets look at a couple.
1. "Took me about 4-5 years before I could BE but all I did was read charts and learn, printed out 7ish years of 3 min charts and filled a closet with them, would go over the charts 3min bar at a time and learn how it moved and just PA really."
this is me. took him 5, took me 8. All i did was sit and stare at charts for years. the level that he and i took this would be deemed mentally unstable by most people. dont laugh my wifes family said that more than once over the years about me. ITS ABOUT DESIRE AND LEARNING FOLKS.
2. "I will say this is by far the hardest thing I have done and also some people will NEVER be able to do it, I know people 15+ years that are unreal at reading the market but they just cant trade and yes there is a difference."
This statement says it all and a long time ago when i saw Ryan post this i knew he was different. He is dead on with this statement but i will add one thing. The people that make it usually have two things. a simple method and a love for learning.
3. "I wish I could instill in people the mental part of it but you really cant, they have to do that on their own and learn about what works."
How many thousands of times have i stared at an email crying out for help and felt sick inside because i couldnt help them. This statement says it all.
4. "Also I have read 40+ books maybe 3-4 are good the rest are the same crap over and over or some BS system."
LOLOLOL. WORDS MEAN THINGS TO ME and ryans words tell me he has travelled the same lonely road i have. a road where you can go months or years and never see another soul.
Quote:
Originally Posted by Ryanmcd
Took me about 4-5 years before I could BE but all I did was read charts and learn, printed out 7ish years of 3 min charts and filled a closet with them, would go over the charts 3min bar at a time and learn how it moved and just PA really. I will say this is by far the hardest thing I have done and also some people will NEVER be able to do it, I know people 15+ years that are unreal at reading the market but they just cant trade and yes there is a difference.
I wish I could instill in people the mental part of it but you really cant, they have...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 27, 2009 11:39pm
|
 |
THANK YOU MERLIN
|
|
|
|
exactly where my focus is also and has been for years.
on the mini dow on a 2000 tick chart IF I DONT BREAK MY RULES i have AFTER YEARS OF GRUELING PRACTICE AND DEVOTION reached an 80% to 90% success rate with a 50 point target and a 15 point stop. This year i am working on getting the stop to 12. It requires incredible patience of me. If i enter just a hair to early with that tight a stop im toast.
I get stopped out at BE a lot or a little better than BE but the main part of it is the very low number of trades it forces me to take IF IM GOING TO WIN THAT HIGH A PERCENTAGE OF THE TIME.
If i am totally on my game and totally focused on entering at the right time it might be 5 trades a week.
If i screw up it means losing 2 to 4 thousand in seconds.
When i do it right it means gaining 10 to 15 grand in minutes.
Its an incredible feeling of accomplishment to sit down in the morning KNOWING that if i trade with a professional mindset im going to win. no ifs ands or buts about it.
its a terrible feeling to sit down and hope, beg, plead or pray that today im not going to lose again.
( J16 RANT COMING BELOW FOR THE NEWBS)
YOU CANT PLAY THIS GAME LIKE THAT. YOU JUST CANT.
THERE IS NO GREY AREA TO IT.
YOU EITHER CAN OR YOU CANT.
If "your" trying to learn to daytrade with real money "your" an idiot.
I know i used to be one.
I can feel a really big rant coming on so i will stop here.
LOL,
JIM
Quote:
Originally Posted by Ryanmcd
It really never stops, I am still working on turning a 5 pip stop into a 50 pip gain 75% of the time lol, but until that happens I am at the old 1:1 with 70ish%
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 28, 2009 5:25pm
|
 |
THANK YOU MERLIN
|
|
|
|
New guest video posted
A new video has been posted by Mike (Mbqb11) to the guest area of the site.
It is the first video under his column and covers the EUR/JPY pin bar from 4/28/09.
Jim
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 28, 2009 5:30pm
|
 |
THANK YOU MERLIN
|
|
|
|
sounded fine to me mike.
great video.
i sounded like that a lot in the late 70's but it wasnt due to a sinus infection.
Quote:
Originally Posted by mbqb11
and I had a sinus infection during it so, sorry my voice sounds even crappier then normal!
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

May 28, 2009 6:19pm
|
 |
THANK YOU MERLIN
|
|
|
|
Before/after
Here are some update charts from the group. Some of them get here on day one but not all.
I will try to post more of these after things have run there course.
chart 1 was from 4/29
chart 2 from 4/30
chart 3 from today
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 1, 2009 8:36pm
|
 |
THANK YOU MERLIN
|
|
|
|
hello jay and welcome,
where is your farm jay?
jim
Quote:
Originally Posted by jay
Hello. My name is Jay, and I was introduced to the Forex market two days ago. The individual who told me the basics of trading this market counseled me to start with "James16's Chart Thread" on a place called Forex Factory. I finally found the thread despite being somewhat technologically challenged. (Fairly sad for a 31 year old, I know.)
Still quite overwhelmed with the information given, I find myself wondering if I am too late to the ball-game to establish anything of intrinsic value. If I understand correctly, james16 (the thread's author)...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 1, 2009 9:07pm
|
 |
THANK YOU MERLIN
|
|
|
|
this post is a great example of why this thread remains great.
we all have "bad days" and that surely includes me.
those of us that reach a realization that bad days are actually gifts in disguise designed to give us an OPPURTUNITY to improve ourselves, our lives and surmount life long barriers are both rare and truly blessed
that kind of insight when it comes is not given it is earned.
Quote:
Originally Posted by markmm
I agree with the profits to expect, I would think the first worry is not how much I can make per year, rather, can I make a profit at all? Get there first, and consistently then look at improving your ROI. The guys who are getting 500% a year have obviously spent years getting their system / methods fine tuned and have many years of experience and knowledge i.e. Darkstar.
I want to also apologise to RyanMcd about the lower time frame comments, its obvious you are a talented trader with way more experience than me, I just had a bad day. Your comments...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 2, 2009 11:03pm
|
 |
THANK YOU MERLIN
|
|
|
|
LOL. YES RR many of them are young and yes they are smart.
I know where your coming from.
young to me is about the same distance back as you.
Quote:
Originally Posted by R Richards
Wow you guys must really be youngsters. Smart, but young. Young to me is 40 years on back.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 2, 2009 11:27pm
|
 |
THANK YOU MERLIN
|
|
|
|
i liked this very much.
Jim "The Great Ranter"
Yes i do believe i like that.
thanks ghous and i might say i think young mr ghous is on the right track in life.
Quote:
Originally Posted by ghous
I don't enjoy too much of academics but I have no hard feelings for education myself. I believe it's important, and this importance extends to more than just a good job. I am aiming for the CFA after my bachelors.
(Nice so called "Rant" there Chaos, we've all adopted a bit of rantness from the great ranter, Jim  ...Honest to God these rants have changed the way I live.  )
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 3, 2009 5:42pm
|
 |
THANK YOU MERLIN
|
|
|
|
a tough one for sure.
jim
Quote:
Originally Posted by krue
finally, after a long and dark day, it pulled me out of the water.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 3, 2009 5:53pm
|
 |
THANK YOU MERLIN
|
|
|
|
be yourself supreme but.....
im not going to disagree with the other guys. i think the "art" in your posts sometimes takes away from your obvious good points and ideas.
people will tend to overlook a "great" post by you because the art annoys them.
in the end thats there problem but i hate to see a lot of your good observations and posts get overlooked.
perhaps a little less art might still allow you to be you and not cause others to overlook or skim your posts.
why am i taking the time to type and say this?
cause i like you and i think you are a positive for the thread.
in the end its your choice and i will support whatever you decide,
jim
Quote:
Originally Posted by supremeChaos
Ryanmcd,
since u've been quite respectful with your above posts, I'll be gentle & non-sarcastic.
I only used 2 colors, not 10. (black is the default color so it does not count)
Color is life & life is color. i'm a little younger than u (+/-6 years younger to be precise) but my boredom level is quite high (boredom-averse). to me, seeing a sea of black in all the threads is boring. i decided to put colors & variations/add-ons...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 3, 2009 5:59pm
|
 |
THANK YOU MERLIN
|
|
|
|
YES YES YES YES.
KILL IT KILL IT KILL IT.
KILL THE DAMN THING BEFORE IT KILLS YOU.
this is why i like ryan around in this thread.
Ryan dont get frustrated with the newbs.
for every one of them you help and suppress that frustration you help yourself at the same time.
i know you know that,
jim
Quote:
Originally Posted by Ryanmcd
You hit it spot on, How many people do you know that are GREAT at what they do, everyone tells them to start their own business, they do then it fails..... It's poor planing just like how people trade. I see people posting up charts with 2-300 pip bars they would have to use for a stop, can it work sure but is it going to move 2-300 more to even make it 1:1 and are you going to just take 50 pips off and be happy until you get stopped out -300?
I think in risk that's it, that's all I do when I trade so I like the CT stuff of IB's due to the lower...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 4, 2009 11:54pm
|
 |
THANK YOU MERLIN
|
|
|
|
Thought all of you might enjoy this
Spent some time tonight with my son going over some charts and possible trades he is considering. Thought i would share his record this year on this pair.
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 12:11am
|
 |
THANK YOU MERLIN
|
|
|
|
LOL. that was great j, thanks.
He really doesnt know anything different than any of you.
The only difference might be that he gets to hear my rants instead of reading them.
when he first started on demo several years ago i made a deal with him.
i told him the only way it will work is if your picky. i told him i would pay him something for every month he went positive and i would take it away if he was negative.
he struggled at first but it did not take him long to see the light.
thats what im most proud of about his trading.
now that its his real money its very rare that he does something flat out dumb.
Quote:
Originally Posted by jarroo
I just read my email. That's one lucky kid growing up with "James16" as your dad.
I look forward to his future Thread.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 12:15am
|
 |
THANK YOU MERLIN
|
|
|
|
im lost. what did krue do?
jim
Quote:
Originally Posted by jarroo
Now watch it go to the moon.
krue, I'm not telling you to liquidate your position. I was just stating my opinion, as asked. If you see something more in go long the Cad, go for it.
Just remember your post that I like so much.
http://www.forexfactory.com/showpost...ostcount=32088
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 12:21am
|
 |
THANK YOU MERLIN
|
|
|
|
bar from 6/1?
Quote:
Originally Posted by jarroo
He took the baby PB on the Daily Cad. He is expecting more out of it then it gave. (I believe.) It wasn't a high quailty setup, due to the size of the PB but it worked out.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 12:37am
|
 |
THANK YOU MERLIN
|
|
|
|
YES I HAVE THOUGHT THESE SAME THINGS. the whole thought process with a kid trading intrigues me beyond words.
jim
Quote:
Originally Posted by MPP
he's probably the best trader around, he has none of the hangups that we started out with - no fear, no greed and no regrets, plus his learning curve is still on the up.
great call starting him early - when's he starting his managed fund up?
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 12:37am
|
 |
THANK YOU MERLIN
|
|
|
|
chart
Quote:
Originally Posted by jarroo
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 12:44am
|
 |
THANK YOU MERLIN
|
|
|
|
i will answer this later supreme but let me say this.
you are mature beyond your years and i am proud of how you handled yourself.
it would have been easy for you to get defensive but you did not.
you acted just like i hoped you would.
your the kind of person i want here.
jim
Quote:
Originally Posted by supremeChaos
i just had a very rare 12-hour sleep.... & i see this!
just ecstatic with Sir james16's post.
Congratulations to your 11y.o. son!
I'm just curious Sir, when exactly was his first demo & first live trade?
How did u personally go about teaching & introducing him to trading?
Thanks!
&Thanks to you (& later MPP) for adjudicating fairly the other night (June3)
[ Look, no colors  ]
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 3:32am
|
 |
THANK YOU MERLIN
|
|
|
|
he is long off the recent OB and decided tonight to set his stop at 8792 which locks about 100 pips profit.
we have an alert set at 89. if it reaches there i have no idea what he has planned.
if i know him he will probably snug it up under the 150.
geez... i feel like his personal broker sometimes.
Quote:
Originally Posted by jarroo
Hey Jim could you ask your son if he's eye balling the .8860ish for a target (PPZ, 61.8, 150 ema) and then a possible short?
Tell him thanks for his help.
Jim
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 3:40am
|
 |
THANK YOU MERLIN
|
|
|
|
here the little mongrel is at a recent stars playoff game.
he is a good kid. better kid than i was for sure for which im thankful.
cant get him to keep his glasses on straight but he goes into contacts this summer.
Quote:
Originally Posted by james16
he is long off the recent OB and decided tonight to set his stop at 8792 which locks about 100 pips profit.
we have an alert set at 89. if it reaches there i have no idea what he has planned.
if i know him he will probably snug it up under the 150.
geez... i feel like his personal broker sometimes.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 3:44am
|
 |
THANK YOU MERLIN
|
|
|
|
yep thats him. lol
Quote:
Originally Posted by ghous
I remember that kid from the time when you posted the heir's picture with that Ball python.
Incredible stuff!
Regards,
Ghous.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 3:51am
|
 |
THANK YOU MERLIN
|
|
|
|
yes he thinks im way over rated.
he messes with me all the time about it.
truth is he is probably more right than wrong.
then i remind him of how well he gets to live compared to a lot of his friends and he shuts up...real quick.
my kid does not know the first thing about tough times or hardship.
i worry about that at times.
Quote:
Originally Posted by krue
your son says it's simple, then, no simpler money on this planet than this pa business. the funny thing is he think you are so so, Sir Jim. haha, you are just so so in your son's opinion. 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 4:03pm
|
 |
THANK YOU MERLIN
|
|
|
|
actually what i usually do is set the full bar stop, place an alert at 25 to 35 pips in case of a quick reversal and an alert where i intend to go breakeven.
this covers 3 areas.
1. FULL BAR STOP - a potential/possible catastrophe scenario with the full bar stop.
2. QUICK REVERSAL ALERT - a CHOICE/CHANCE with the alert set at aprox 30 pips to MANIPULATE the full bar stop or get out with a very "small" loss. I WANT CONTROL OVER THE TRADE. I DONT WANT THE TRADE TO CONTROL ME.
3. BREAKEVEN LEVEL ALERT - a conservative area where im as certain as possible where price will reach and give me the CHOICE/CHANCE at a free trade and a possible runner.
As i have told you guys many times in the past breakevens in my world are wins.
Quote:
Originally Posted by Marco
Hey Jim,
got a question to that chart and your trade in the USD/CAD.
If I got it right you traded it like this:
- You went long at a break of the high of the pinbar and set your SL below the pinbar. You had then an inital risk of around 15k.
- Trade came back quickly you couldn't move to breakeven or take profits
- You took a 30 pip SL, or 3k as you said because as you say you couldn't take more risk/drawdown/losses which I understand because 3k is already a lot of money.
Now my question is why don't you set your stoploss at those 30 pips...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 4:11pm
|
 |
THANK YOU MERLIN
|
|
|
|
thanks krue,
jim
Quote:
Originally Posted by krue
you are definitely a hero, kids are blind to what they have. that's where they start growing up. very glad to see you are a super dad.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 4:13pm
|
 |
THANK YOU MERLIN
|
|
|
|
nice g,
jim
Quote:
Originally Posted by g_j_hook@yah
gb/chf...closed @ +160ish. ( happy that i put the 1.5% back in my sub acc. lol)Im now flat for the weekend.
BEER!!!!!!
then on to those weekly bars.
have good weekend yawl
jon
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 4:15pm
|
 |
THANK YOU MERLIN
|
|
|
|
this is a good post and describes my style very well. perhaps the best short explanation of my trading style ive seen posted here.
no doubt go knows me from many hours of reading this thread.
my "style" came about from one long 8 year nightmare....losing over and over with a "small" account because the dollar amounts win or lose didnt MEAN anything to me. those small accounts eventually added up to a healthy 6 figure amount lost.
when the money , wins and losses, became huge to me mentally my trading turned around. obviously it helped to have 8 years of experience to go with it.
jim
Quote:
Originally Posted by gorubin
Hi Marco,
I had these same questions so I'm glad you brought them up.
From what I understand from reading this thread for many months Jim's style could best be characterized as a manual trailing stop that is even initially very tight. What this produces is many B/E trades because a lot of trades do move 30-50 pips so you're automatically at B/E and this could be a lot of trades. The ones that move to 150 you automatically have a large profit which you never let escape or turn into a loss. The minority of your trades will be the -30. So there...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 4:25pm
|
 |
THANK YOU MERLIN
|
|
|
|
yes i agree with hip.
very nice example of trading off of a well defined pivot.
Quote:
Originally Posted by HipsterPipster
Great job Ghous.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 5, 2009 4:27pm
|
 |
THANK YOU MERLIN
|
|
|
|
LOL. yes he would and he has his 100 pips banked.
jim
Quote:
Originally Posted by jarroo
Just thought I'd update this one. I'm sure Jim's son would say "sure that makes sense. " 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 8, 2009 2:19pm
|
 |
THANK YOU MERLIN
|
|
|
|
i know its frustrating but i think your doing the right thing.
people that start out like this have a much better chance of long term success imho.
in 2 years you will know the charts and set ups so well that you will have more trades simply because you know them. never forget that if and when "you make it" you will be 1 of 3 to 5 people standing in a crowd of 100.
you guys/gals trying like hell to be picky and do this right should never forget that during the journey.
what your attempting to do is not easy. the methods taught in this thread are easy but as most of you know the battle is not really on the charts its between your ears.
jim
Quote:
Originally Posted by Marco
Hi there,
I've been trading daily charts only the last few months and well what can I say I did make some profit. I had literally no loss, one very small but I'd consider it more like a breakeven-trade with some slippage
The problem is that I didn't get a lot of trades and also I didn't score big time. My exit strategy doesn't allow for big runs anyway, I'm more trading like Jim I'd say.
Last month for example I checked my charts everyday, never missed a single day. I got exactly one trade the whole month and it turned out to be a good...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 8, 2009 8:19pm
|
 |
THANK YOU MERLIN
|
|
|
|
geez theres a name from the past. cook was big into covered calls and credit spreads among others. easy money for a few years and then kaboom.
i have all of cooks material but then i have everyones material since about 1980. lol.
remember rolling stocks? i must admit i made a lot of money playing the rolling stock strategy.
all of those strategies can be profitable IF you enter at the right time.
If you dont then its similar to slamming on your breaks 50 feet from a cliff at 50 miles per hour
or put another way...
it feels like every orrafice on your body is sucking real real hard on a lemon.
wade cook. wow.
Quote:
Originally Posted by Ryanmcd
Ya look up Wade Cook, they traded together LOL His name was Derick Lenord, "The Lenord Company" in SC. He was on one of his video's when he made I think 220k in 1 day off dell options, the never showed his big losses though. He was my 1st mentor so I was off to a good start.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 8, 2009 8:38pm
|
 |
THANK YOU MERLIN
|
|
|
|
cook came along at just the right time.
he had some knowledge. he had a trading community just getting started in large numbers on the web. he was a great salesman.
he introduced a ton of people to the markets.
folks you literally could not lose money in the late mid 90's on stocks. especially tech stocks.
daffy duck could have been a teaching hero in those days.
the crash came in 99 and 2000. that was a great thing for those buying puts etc etc etc... hardly anyone did of course. who wanted to take that side after the tech boom seemed like it would never end? put leaps were the answer and a few saw that. i actually had a few thank you very much.
some of the biggest money ive ever made on single trades. i almost felt bad it was so much money.
Quote:
Originally Posted by KissFan
He has some diet book out now. That's something that would really confuse me.  BTW. That's an oreo that I'm eating in my avatar.
K.I.S.S. 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 8, 2009 9:30pm
|
 |
THANK YOU MERLIN
|
|
|
|
i will even add this to TF's post. remember my 30 pip loss post a couple of days ago? that 30 pips wasnt even close to 3 percent. my 3 percent was based on the whole bar, my loss was 30 pips. i never lose anywhere near 3 percent. it is very unusual for me to lose more than 1 percent based on a 3 percent initial risk. its like insurance to me.
i like how ryan puts it.
" i kill the damn thing if it goes against me".
i dont care if it ends up being a winner and i got out early with a small loss.
im about not losing large chunks of money.
im about taking very picky entries.
im about most of my trades being breakeven or winners.
im about having a 100 pip winner be enough money to want to wave it in front of many of my bosses faces from many many years ago that told me i woulds never amount to anything if i didnt learn to shut my mouth and listen to those in authority.
I KILL THE DAMN THING IF IT DOESNT ACT LIKE JAROO STATES SO WELL.
" A great set up is A HIGH MOMENTUM SET UP".
Thats one of the finest statements ever made in this thread bar none.
A BREAKEVEN TRADE IS A WINNER TO ME.
when i calculate some kind of win/loss ration breakevens and winners both go in the win column and losses in the other.
i really only care about one part of the loss column. were they small losses?
as long as i can say yes to that question i will never have to get a job as long as i live.
thats if i have markets to trade of course.
Quote:
Originally Posted by TiaForex
I would say this. There's no one I would trust to pick a winner more than James16. He has been doing this 26 years. And he hardly ever goes above 3% risk.
If the big boys of the thread scream at us when we suggest 10% risk there's a reason. I'm all for testing to find different methods and ways of doing it. But if someone with experience is telling me that risking 10% is not just aggressive it's suicidal.....then he has my attention.
Besides, all this doesn't factor in the psychology. 2 losers at 20% down. That can be brutal. And also, when...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 8, 2009 10:48pm
|
 |
THANK YOU MERLIN
|
|
|
|
strange yes but i wonder about a lot of things.
where i stand was an inland sea and seashore several hundred million years ago.
you can go anywhere around here and find seashells from then. the damn things have been laying there for hundreds of millions of years. it boggles my mind.
about an hour south of here you can stand in a creek and look at dinosour tracks laid down 60 million years ago. the damn thing ran over that same spot 60 million years ago and would have eaten me in one bite. that boggles my mind.
about that time europe and the US were attached.
our rocky mountains took 10's of million of years to rise but guess what? there was an ancestral rocky mountain range in the same place that rose and was literally weathered away to flat ground over many many millions of years before the current range rose.
people gripe about global warming when its a complete and total fact that for most of earths history there has been NO POLAR ICE and much much hotter than now. regardless ice sheets will push there way south again like they have over and over for millions of years.
people kill eachother because they say that there god tells them they should.
people gripe in my country because life aint fair and want a free ride off the backs of achievers when they already live in luxury compared to 95 percent of the world.
its not if but when the next asteriod takes most life out again on this planet.
its not if but when a supernovae occurs somewhere close to us in space and it will be lights out baby.
its a complete and total fact that there are more stars in the universe than grains of sand on all the beaches on this planet and we think we are alone.
a mere 500 years ago we thought the earth was flat and now we think we know everything.
i honestly think the most mature and smart individuals in this world say three words a lot.
i dont know.
Quote:
Originally Posted by ghous
Being picky has got to be more than the "most" part of trading successfully with these PA bars. Some learn that the hard way, some learn it the easy way...but it all comes down to one thing. "THEY HAVE TO LEARN TO BE PICKY".
the way you put your posts Jim, you must know you impress a huge number of ppl,
For me learning trading has been a small part of all that you've taught me. There's a lot more on these posts and I am not sure if it's deliberate or built in in your wise words.
Thanks for everything....sometimes I can't help wondering...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
Last edited by james16, Jun 8, 2009 10:59pm
|

Jun 8, 2009 11:23pm
|
 |
THANK YOU MERLIN
|
|
|
|
well i dont know what ive done except return a couple of emails but i appreciate your kind words. im not very good at handling these kind of posts but im as humbled and honored by them today as i was 4 years ago when the first one was posted.
i really dont know what the big deal is about me and this thread but i cant argue with the fact that a lot of people seem to get something out of it.
its an honor to have you here,
jim
Quote:
Originally Posted by jay
Um . . . not sure how to begin this post, but I'll try somewhere.
I am a humble farmer who lives in Idaho half of the year and in Alberta the other half of the year. My wife and I have been very blessed and have been given many opportunities in this life of which we are very grateful.
I have had the privilege of being around many EXTREMELY successful people in my 31 years of mortal life. I have close relationships with billionaires, millionaires, thousandairs, dollaires and every other aire you can think of.
However, I have been associated...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
Last edited by james16, Jun 9, 2009 12:09am
|

Jun 9, 2009 12:10am
|
 |
THANK YOU MERLIN
|
|
|
|
thanks to all of you.
Quote:
Originally Posted by TiaForex
I would suggest taking a look at some of the other threads on FF. And some of the other forex service providers in general. Then I think you might realise how unique you are.
You don't need to do this. You could make much more money from what you offer. You don't just teach a reliable method, you teach respect and courtesy. And those who learn from you follow your example and are happy to carry the torch.
I've observed from experience that people who give a lot often have difficulty in receiving. So I hope you can appreciate and let in this...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 9, 2009 12:16am
|
 |
THANK YOU MERLIN
|
|
|
|
Birthday coming for j16 chart thread
THE JAMES16 CHART THREAD TURNS 4 ON JUNE 17TH AT 4:41 PM CENTRAL TIME.
I will try to stop in around that time.
i would prefer applause for the thread and not me on that day.
jim
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
Last edited by james16, Jun 9, 2009 12:35am
|

Jun 9, 2009 12:37am
|
 |
THANK YOU MERLIN
|
|
|
|
well i certainly had my share in the 70's but as my son would say.
"thats just how i roll"
lol.
Quote:
Originally Posted by Ryanmcd
Ahh, looks like someone found a old stash back from the 1960's / 1970's LOL
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 9, 2009 12:38am
|
 |
THANK YOU MERLIN
|
|
|
|
lol.
well i dont want to mess that up.
Quote:
Originally Posted by pipmyride
Stop it J - i'm close to quitting my day job as it is ! 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 9, 2009 2:12pm
|
 |
THANK YOU MERLIN
|
|
|
|
tough to see you lose on this one jd after the nice outside bar short on the daily.
where is the 365 ema on your daily chart at?
its at 6393 on mine.
if it works with your risk profile 6400 might hold as resistance.
NOT TRADING ADVICE im just mentioning something you may or may not have noticed.
how much profit did that weekly pin give you before it reversed?
jim
Quote:
Originally Posted by Jduester
Yeah, holding the weekly pin... deep drawdown now... need it to stop!... or take a loss. It was a good setup IMO, so not bothered by it.
stop at 1.6330
Josh
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 9, 2009 10:57pm
|
 |
THANK YOU MERLIN
|
|
|
|
Quote:
Originally Posted by fxprocessor
Just wanted to leave a quick note before disapearing for a while.
I have been an avid reader/part time poster on the thread for the last 2 1/2 years and feel it's time to drop off for a while.
Jim, thanks so much for your help both here and in the PF and also a big thanks to Mike and everyone else who has been so giving of their time
I will still be hunting for my A+ setups but feel it's time to move on from the forum and minimise outside influences in order to become even more picky
take care all and thanks again
FXP...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 9, 2009 11:03pm
|
 |
THANK YOU MERLIN
|
|
|
|
honestly i find the daily easier for me also. the main thing is that it sucks to watch 130 pips profit turn into ANY kind of loss.
i like your attitude jd, always have.
Quote:
Originally Posted by Jduester
Thanks Jim. I got stopped out early this afternoon. My 365 is at 1.6404 (now, anyway)...entry at 1.5930, so up somewhere in ballpark of 130 pips. First take profit was at 1.5730 (0.5R). I wanted to give this all the chance it could so had my stop at 1.6330, using the 6/2/09 as final resistance...As we know, technically, the setup hasn't failed yet, as we still have 300 pips to the top of the pinbar. But a 400 pip drawdown was enough to tell me that my expectation on the trade was in this case wrong, and so get out...
For good or bad, I've found...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 11, 2009 12:04am
|
 |
THANK YOU MERLIN
|
|
|
|
very nice mat,
jim
Quote:
Originally Posted by Matiasfx
I took a nice raczekfx type of trade on euro 4h from 50/61.8%fibs / PPZ/ 2bar pin... Working out great so far
Cheers
Matty
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 11, 2009 1:49am
|
 |
THANK YOU MERLIN
|
|
|
|
its always good to see good.
jim
Quote:
Originally Posted by goodtiding5
Hi Krue,
I am also watching that 8500 area, too :-)
Happy trading!!!
Ken
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 11, 2009 3:42am
|
 |
THANK YOU MERLIN
|
|
|
|
thats kind of you old buddy but let me be honest. not modest just honest.
first thanks for giving me a segway. i always use the old timers for segways because they know im not yelling at them. they also know i like to vent from time to time so here i go. after my internet problems all day im itching to rant for some reason.
master of what?
master of a few silly bars, several years learning simple s/r, never allowing large losses, a decent sized account that allows me to be real real picky AND TRADING WITH A BUSINESS LIKE APPROACH WHICH MEANS NO REAL MONEY UNTIL I KNOW I CAN DO IT?
OK OK i guess im the master. im even master of my domain for the most part at my age.
to this day i sit and stare at those words when i type them coming FROM ME and wonder what the hell i was thinking and doing those long 8 years i acted like a drunken gambler?
it literally makes me shake my head in disbelief that i could have acted like that for so long and lost so much money jumping from countless system after system with real money and zero practice.
buy it - trade it - lose it - find another one.
buy it - trade it - lose it - find another one.
over and over and over.
everytime i would feel stupid and totally defeated. i would think ....there material swears it works, they have all these people that swear it works, i did it just like they told me to, i gave it a good two weeks...lol, now i gotta go save another 5 grand and maybe the next one will be my ticket out.
please oh please anyone reading this please dont do that to yourself.
whats the big secret to making it happen?
very simple.
WHATEVER WAY YOU DECIDE TO TRADE. MY WAY OR DONALD DUCKS WAY GIVE IT YOUR TOTAL DEDICATION FOLLOWING THE OUTLINE IN POST 1.
it will either work or it wont but you dont have to ruin your life finding out.
all those years might not have been profitable for me while i was on my journey but they damn sure did not have to be miserable.
those years could have been a fun and enjoyable journey but i was an idiot.
yes i paid my dues but doggonit folks what we do here is not hard.
FOLLOW POST 1 AND HAVE FUN.
THANKS AGAIN GT5.
THIS POST IS WHY I DO WHAT I DO. THATS THE GOD HONEST TRUTH.
JIM
Quote:
Originally Posted by goodtiding5
Hi Jim,
Kudos to the master :-)
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
Last edited by james16, Jun 11, 2009 4:04am
|

Jun 11, 2009 4:05am
|
 |
THANK YOU MERLIN
|
|
|
|
thanks pricey,
i dont have time but it beats the hell out of being dead.
i guess. lol.
jim
Quote:
Originally Posted by pricey
I'm going through a bad patch of exams, so I might not b able to express my appreciation on June 17.
Just wanted to say, this thread changed my whole approach to trading. It made me believe that I can have a trading business. Yes, I joined the PF for a bit(had to quit cos personal stuff made me take a few months complete break from trading) and the things I learnt from there just speeded up my learning curve like crazy. It's great to hear the voices of reason (experienced traders) advising newbies on all kinds of things, not least psychology &...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 11, 2009 4:18am
|
 |
THANK YOU MERLIN
|
|
|
|
good night...err morning
im going to bed. its been a crazy night in north texas with storms. yes we are used to them but tonight was a hum dinger. thats texas speak for one bad ass son of a bitch thunderstorm. forgive me if thats profain but its actually a true translation.
trees and fences down all over my street and county. one ladies chickens were spotted 300 feet in the air stripped bare of there feathers. seriously. crazed dogs running the streets. they always do that during these storms, not sure why. i guess there just freaked out.
two tornadoes 15 miles north of me and a few hundred thousand people sweating in bed tonight woth no ac power.
i actually dont understand those folks. my ac just has to hiccup during a storm and im headed for a nice hotel with a decent breakfast the following morning.
my kids love it when the lights go out.

__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
Last edited by james16, Jun 11, 2009 4:30am
|

Jun 11, 2009 4:19am
|
 |
THANK YOU MERLIN
|
|
|
|
i swear the sirens are going off again right now. if i dont make it keep this going in my memory please.
Quote:
Originally Posted by james16
im going to bed. its been a crazy night in north texas with storms. yes we are used to them but tonight was a hum dinger. thats texas speak fot one bad ass son of a bitch thunderstorm. forgive me if thats profain but its actually a true translation.
trees and fences down all over my street and county. one ladies chickens were spotted 300 feet in the air stripped bare of there feathers. seriously. crazed dogs running the streets. they always do that during these storms, not sure why. i guess there just freaked out.
two tornadoes 15 miles...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 11, 2009 4:40am
|
 |
THANK YOU MERLIN
|
|
|
|
its at night when its freaky.
i can deal with the possibility of a big one during the day but at night its a whole different ball game.
they used to tell people here years ago no matter how bad one might be to just take cover in your house.
after the f5 hit ok city a few years back they had to change that because people realised just how stupid that was.
those that ran made it. those that didnt were anialated. nothing left but concrete foundations. they never found some people. same thing in jerrel texas a few years back. wichita falls in 1978 also. google them.
night messes with my head. thats why im still up.
jim
Quote:
Originally Posted by supremeChaos
i'm from Asia, & i dream of tornado/hurricane watching/catching someday.
seriously, the weather disturbances have a peculiar way off "missing" certain spots along their path. i'm pretty confident that my/our big Boss above will maintain it that way in your case. bet them hum dingers will miss u by "100 - 1000 pips". my  told me this. 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 11, 2009 4:49am
|
 |
THANK YOU MERLIN
|
|
|
|
lol. no but if its a big one it wont matter.
with a trailer its bare grass thats left. with a house its concrete. thats the only difference.
Quote:
Originally Posted by smikester
Do you live in a trailer park, Jim? I've heard they attract storms. 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 11, 2009 2:31pm
|
 |
THANK YOU MERLIN
|
|
|
|
dont take this as harsh ad.
you let a 125 pip profit turn into a loss?
this is the part you folks must learn. THEY ALWAYS REVERSE AT SOME POINT.
it stalled at the bar low from 5/24.
happens all the time but WE CANT let it turn into a loss.
price hit 5800. it was an easy profit or breakeven trade.
keep the demo going ad and it wont be long until you have a handle on it.
jim
Quote:
Originally Posted by advfntrader
Anyone know why GBP/USD weekly pinbar reversed ? In huge drawdown on my demo account. I guess there was no confulence or pivot zone....
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 11, 2009 2:37pm
|
 |
THANK YOU MERLIN
|
|
|
|
yeah jerrell was weird for another reason. the damn thing rotated the opposite way.
they still havnt figured that out.
jim
Quote:
Originally Posted by Icehocey77
What was odd about the jerrell storm was how slow it was. Usually with those large tornadoes they move pretty quickly, but the Jerrell storm was just moving 15-20 mph which made it possible to run. I'm heading out to Iowa in the next week to do some storm chasin', should be fun.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 11, 2009 2:40pm
|
 |
THANK YOU MERLIN
|
|
|
|
ahhh fast dsl
DSL is back and im a happy camper.
the whole area is under water but im dry and surfing fast again.
jim
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 11, 2009 9:35pm
|
 |
THANK YOU MERLIN
|
|
|
|
this is the hardest part for me to explain. this is how i trade but its certainly not the only way. holding for a drawdown after a 125 pip move would never happen in my account in a milion million years. here are a couple of posts that might help. is it wrong to hold a weekly trade into a drawdown after a 125 pip move into profit with the thought that the bar will not fail and still go for more than 125? all i can say is its wrong for my account but if someone has tested that approach thru demo and finds it compatible with there style then by all means its there choice. ive said a thousand times that risk/reward ratios dont mean a thing to me because my trading style is very few trades, high win percentage and losses are small. do i get a lot of small wins and breakevens? sure i do but thats what works for me.
once again account size has everything to do with how anyone will trade an account.
none of you will trade the same with a large account as you did with the small one.
http://www.forexfactory.com/showpost...ostcount=32422
http://www.forexfactory.com/showpost...ostcount=32395
Quote:
Originally Posted by Forex007
Hi Jim,
I think the question was asked from a different perspective. Surely, getting out with 125 pips in the bag is better than ANY loss, but 125pips represented just RR0.2. So, if you "win" five trades by exiting at that level (surely, the price indeed stalled at the "left eye's Low" - but we know that with the hindsight; would/should anyone exit there "live"?..), just one RR1 loss would wipe any profit we made with such five trades.
Also, technically speaking, that PB has not yet failed as SL (above PB) has not been hit. If we exit...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 12, 2009 5:37pm
|
 |
THANK YOU MERLIN
|
|
|
|
first thing i did was look down to see if mike saw your post. lol.
welcome,
jim
Quote:
Originally Posted by joelcf
Hi guys,
Long time lurker (almost 2 years now), but never posted.
I originally started reading FF (along with some other forums) because I was pretty sceptical on tech analysis and charting in general - I work for a large institutional bank here (down under), have a finance and a commerce degree hanging on the wall, and a bookshelf full of Buffett and Ben Graham. But it seemed stupid to dismiss something without learning about it first.
The approach you guys have showed me (patience, prudence, confluence, pa) has really completely changed...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 12, 2009 5:41pm
|
 |
THANK YOU MERLIN
|
|
|
|
i love these.
these posts literally glow to me when i see them
jim
Quote:
Originally Posted by Forex007
I kept asking Jarroo a year ago how did he see what I couldn't see, and how could he do (e.g. pass on a B trade) what I could not. He said "practice, practice, practice, and it will come" (J16 kept saying the same thing from Page 1 too). I followed that advice and "it" (the "A-ha!" moment) did come. THANK YOU, Jim, Jarroo and Mike (and other who helped me)!
P.S. A couple of losing days in a row when I took B trades, and a couple of more losing days in a row when I took B trades, and yet few more losing days in a row where I took B trades...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 12, 2009 5:42pm
|
 |
THANK YOU MERLIN
|
|
|
|
the difference between the darkest night and the brightest day.
jim
Quote:
Originally Posted by fat_tom
Excellent posts about SL... I was wondering the same thing as Forex007.
I'm currently leaving SL pretty much but as I'm on a ?200 account I'm not to worried about losses but I appreciate what J16 says - I'm sure its very different when your locking in ?100s or ?1000s as opposed to like 15p like me ;-)
thanks guys!!
Fat Tom
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 12, 2009 5:45pm
|
 |
THANK YOU MERLIN
|
|
|
|
the battle for you guys now is not to get trigger happy.
the chances are virtually certain you will so when it happens just realise most all of us did it also.
jim
Quote:
Originally Posted by fat_tom
Yes I did!!!
oh well - still a good trade overall
happy with that...
now wheres the next daily pinbar......

|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 12, 2009 6:39pm
|
 |
THANK YOU MERLIN
|
|
|
|
YOU SIR ARE WORTH YOUR WEIGHT IN GOLD TO ME.
i truly appreciate what you do here.
there are many of you here like that and i probably dont say it enough.
jim
Quote:
Originally Posted by jarroo
I got a little of that feel too, that you must get all the time.
And I'm just an extention from what I learned from you Jim (and Mike, etc.) So, there should be a little more glow in you, sir.
Jim
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 12, 2009 6:41pm
|
 |
THANK YOU MERLIN
|
|
|
|
here is another guy that i owe a lot of thanks to.
jim
Quote:
Originally Posted by Matiasfx
The EC daily pin ala Racz (50/61.8%/ppz/PA)
It passed the 61.8% a little bit but it went exactly to the PPZ as expected.
Cheers
Matty
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 12, 2009 6:42pm
|
 |
THANK YOU MERLIN
|
|
|
|
CHART
CHART
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 12, 2009 7:54pm
|
 |
THANK YOU MERLIN
|
|
|
|
Never done this in 4 years
I have never shared one of these in this public thread but im gonna share this one.
im gonna share this one to bring hope and show the newbs how its done.
recieved this today. if your new dont just read this. break it down and READ THIS.
THIS IS NOT ABOUT ME.
ALL I DID WAS POINT THE WAY AND GIVE THE GUY A FEW HINTS.
I CANT DESCRIBE WHAT THESE MEAN TO ME ON A PERSONAL LEVEL.
THESE ARE WHY I DO THIS.
I UNDERSTAND THIS PERSON AND WHERE HE HAS BEEN.
Hi James,
This email is to say Thank You. You have played an important part in my trading story; a story that I am happy with.
I have twice joined your private group for a couple of months at a time.
I watched your videos and read your material.
I printed out every chart you had posted and had them bound into a book.
It cost me a few hundred dollars to get nearly 200 pages of material professionally printed on color laser printers and then bound as a reference book.
I poured over all of the psychology stuff from Fiji.
I sat and cried as I read Fiji's stuff and his comments cut to the heart of my life. (Fiji, you are great). Yet I never asked him a question. I just read his comments to others.
I studied your material and reviewed your posted charts for months. I still have them on my desk and go over it regularly.
I traded a small live account for two years.
I didnt lose money. I traded very small. Usually risking 5 to 10 dollars. Rarely risking more than $50. (I never liked pure demo trading, I needed to use small amounts of real money).
I took hundreds and hundreds of trades.
I made notes on why I took them and what went right and what went wrong.
I learned that price action from support/resistance gives high probability entries.
I learned I can trust the probabilities.
I learned how not to let a profit turn into a loss.
I learned how to grow my account little by little.
I learned how a single bad trade can take a long time to recover from.
I learned that 70% winning trades is easy.
I learned that trading is not just about making money, its about balance and lifestyle. (Ask me about my 3 months of trading 5 minute charts full time!)
I learned that 4 hour and daily charts are 100 times easier (and better for lifestyle) than 5minute charts.
I learned that I can consistently make money trading.
I learned this game is really simple.
I learned that I can trust myself.
I learned that I CAN trust myself
I learned that I can TRUST myself.
I learned that I can trust MYSELF. (Can you tell that this was a significant learning for me <grin>)
I learned that my trading has to be 100% my trading.
Overall, I guess I invested $2000 of real money in my J16 trading education, and that included all losses, about 5 months of the private forum (in two stints) and a few hundred dollars just printing out material and making a book out of it. (I've blown over $20k on other courses and software from self proclaimed gurus, that left me with zip, nada, nothing. So the J16 education was cheap, and led to owning a lifelong skill).
As I proved to myself that I can do it with a small account; I recently significantly increased my account size.
My results from my small account have carried over to my large account.
My last 25 trades have resulted in 18 wins, 2 break evens and 5 losses. My account is up 12.2 times my risk.
In this last week alone, I handsomely recouped all the money I invested in my J16 education and went well into profit.
While I must also recognise the Jacko's influence on my trading, it is clear that your teaching is predominately responsible for the profits I have in my account.
Since I am now definitely in profit, trading a good sized account and netting a handsome income from trading (my trading is delivering 3 times what my wife used to make a teacher), I think its time to say...
THANK YOU
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
Last edited by james16, Jun 12, 2009 8:24pm
|

Jun 13, 2009 11:18pm
|
 |
THANK YOU MERLIN
|
|
|
|
yep, headed for post one.
jim
Quote:
Originally Posted by Gov
That's an awesome post Tiaforex. You just put my thinking on this into order as well!!
Thankyou, Gov
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 14, 2009 4:55pm
|
 |
THANK YOU MERLIN
|
|
|
|
well this thread is now complete.
Dean Martin HAS ARRIVED.
GOD I LOVED/LOVE THAT MAN.
Dean is a very big part of every xmas in my house.
no one imho has ever been more cool than ole dean.
Quote:
Originally Posted by Bryan
Thanks Mike. Very choppy indeed. Pivots are from an auto pivot indicator.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 15, 2009 12:20am
|
 |
THANK YOU MERLIN
|
|
|
|
lolololol
Quote:
Originally Posted by TiaForex
When I saw Bryan's avatar I had a little private bet to myself that you'd be posting about it James...
If I knew that, then I really have been spending a lot of time on this thread.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 16, 2009 12:42pm
|
 |
THANK YOU MERLIN
|
|
|
|
cmon rac ive been trying to get rid of the "da man" status for almost 5 years.
if someone wants to place rac on that throne im perfectly ok with it.
Quote:
Originally Posted by raczekfx
I think you've got it all backwards...
da man, posted here.
I'm just another full time trader, who treats this 'experience' as a serious business. Whether someone cares to read or skip my posts, remains neutral to my well being. If I helped someone, that's great, if not... who cares. Life's too short, time too precious...
btw.
looking to sell aussie, missed initial trigger due to other activities
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 16, 2009 1:04pm
|
 |
THANK YOU MERLIN
|
|
|
|
well said, spot on and every word true.
when people come on my thread and act like that i always ask my self this.
1. is it someone that is hurting and needing help but the hurt is causing them to post in a fashion that comes accross as confrontational?
2. is it a jackass?
if they show themselves in subsequent posts as number 1 then its a good thing they found us and im glad they are here.
if they show themselves as number 2 they get a message from me asking them to please leave. if they dont i make them leave.
I ALWAYS want to know if someone sees a problem in this thread.
I cant watch everything like mike.
im to old.
ALWAYS give someone new a second or 3rd chance to show who they really are.
JIM
Quote:
Originally Posted by raczekfx
lol... some people will never get it, that's the fact of life.
And instead of being persistent and happy that someone is actually giving them meal on a silver platter, they turn their energy into jealousy, anger and other negativity. Failing to realize that negativity is a destructive force, they're stuck in that circle without the end.
btw. by commercial, he must've refered to my presence on zulutrade because even though I recommended j16private forum on many occasions here, I receive no remuneration of any kind. My contribution there is strictly...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 16, 2009 1:07pm
|
 |
THANK YOU MERLIN
|
|
|
|
Lol.
Thanks marc.
Jim
Quote:
Originally Posted by marcelnyo
it's officially 00:03 am here in indonesia, happy birthday james16 chart thread! :d
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 16, 2009 3:06pm
|
 |
THANK YOU MERLIN
|
|
|
|
DAMN IF THAT AINT PRETTY.
I MEAN SERIOUSLY ITS ALL RIGHT THERE.
entry and exit and its not vague or complicated in any way.
Quote:
Originally Posted by Flem26
Boy that is a one pretty four hour pin . . . just a demo trade on this one. i see what James means by not limiting oneself to just Forex . . .
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 17, 2009 1:27am
|
 |
THANK YOU MERLIN
|
|
|
|
wow what a great post.
wish you would get more involved here sto.
jim
Quote:
Originally Posted by StoragePro
It is great to see it that way - no? The war is won by fighting the winnable battles. If and when you add in the 4hr, your opportunities will grow, but the rules of engagement are exactly the same. Then the 8% will look more like 18%.
When I was a kid, the neighbor had Cherry trees in the yard. And we'd gorge ourselves on them in July when they would get ripe. You learned real fast that not every cherry was great to eat, but you split it open first and checked to see if a worm had started before you did. I only ate a few worms......
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 17, 2009 4:11am
|
 |
THANK YOU MERLIN
|
|
|
|
its 307 in the morning and im off to bed. will be here tomorrow. i saw this was chris' first post so i wanted to say thanks.
thanks to everyone,
jim
Quote:
Originally Posted by chris600uk
Wouldn't be where I am today without this thread 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 17, 2009 1:52pm
|
 |
THANK YOU MERLIN
|
|
|
|
how the heck did you do that?
i almost fell out of my chair. lol.
thanks rac.
jim
Quote:
Originally Posted by raczekfx
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 17, 2009 1:57pm
|
 |
THANK YOU MERLIN
|
|
|
|
YES YES YES.
could not have been said better.
Quote:
Originally Posted by StoragePro
it is the community of like-minded individuals that has made it into the fine institution it has become. It is YOU, you reading screen right now that has turned this thread into the shining example it has become.
And I don't think Jim would mind me pointing that out.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 17, 2009 5:25pm
|
 |
THANK YOU MERLIN
|
|
|
|
Thanks to all of you
A huge thanks to everyone that has made this place a fun and enjoyable place to learn for the last 4 years.
I look forward to the next 4 and beyond.
Jim
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 17, 2009 5:54pm
|
 |
THANK YOU MERLIN
|
|
|
|
THANK YOU KIND LADY.
that song has not played thru my head in many years.
i enjoyed it very much.
jim
Quote:
Originally Posted by Forexhen
HAPPY 4TH BIRTHDAY JAMES16 THREAD...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 18, 2009 12:03am
|
 |
THANK YOU MERLIN
|
|
|
|
New guest video posted
A guest video has been posted to the guest material section of the site.
It is titled - Good set ups and drawdowns.
It covers the recent EUR/CAD pin bar and the varying approaches used to trade it.
Thought i would release one for the birthday celebration.
Jim
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 18, 2009 5:29pm
|
 |
THANK YOU MERLIN
|
|
|
|
i posted this early this morning. want to make sure no one missed it.
also i was poking around and found a few old posts i got a kick out of. thought i would post them also. where are the years going?
xmas day 2005
http://www.forexfactory.com/showpost...04&postcount=3
just a short time before the group opened
http://www.forexfactory.com/showpost...07&postcount=2
Quote:
Originally Posted by james16
A guest video has been posted to the guest material section of the site.
It is titled - Good set ups and drawdowns.
It covers the recent EUR/CAD pin bar and the varying approaches used to trade it.
Thought i would release one for the birthday celebration.
Jim
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 19, 2009 12:32am
|
 |
THANK YOU MERLIN
|
|
|
|
nice clock.
nice new avatar there buddy.
jim
Quote:
Originally Posted by clockwork71
To break up the monotony.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 19, 2009 12:33am
|
 |
THANK YOU MERLIN
|
|
|
|
welcome h,
jim
Quote:
Originally Posted by holyshock
New comer. Studying here. 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 19, 2009 12:38am
|
 |
THANK YOU MERLIN
|
|
|
|
very well said mike.
i have more than several emails in my posession from people that blew fortunes trading borrowed money from family members and friends.
a couple of those emails were very much suicidal in nature.
borrowing money to trade with is lunacy of the highest order imho.
jim
Quote:
Originally Posted by mbqb11
This is what scares me the most about trading and spreadsheets. The what could be seems great always. I am not going to give financial advice, but you are very young and your focus should not be on borrowing money, just learn to trade right as you are doing. Put a few bucks away while you can. Believe me I can very much relate to everything you posted. My school was 40k a year, and I have a lot of loans to pay back still. Having a huge account is not possible for me at the current point in my life. I also have my own LLC for outside trading so I...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 19, 2009 1:23am
|
 |
THANK YOU MERLIN
|
|
|
|
well said elf...thanks.
jim
Quote:
Originally Posted by elfinchilde
Hi tormo,
I don't post very often here, but felt concerned enough after your post. Pls do not trade on borrowed money no matter how attractive it appears on paper.
The fact is that real life trading and demo trading are two very different things; in the former, emotions will always be involved. And if you're young, handling the pressures of school, having to repay study loans AND borrowed money loans, imagine the kind of stress that would add to your trading. With the compulsion to make money, there'll always be a certain degree of "I...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 19, 2009 2:14am
|
 |
THANK YOU MERLIN
|
|
|
|
thanks.
ive seen that once before and it really is amazing isnt it?
i let my 11 year old read it and he was shocked. lol
jim
Quote:
Originally Posted by Iron-man
Jim, I have heard you comment on several occasions that you spell words badly. Here's a little note my wife received via email.
Only "Great Minds" can read this:
fi yuo cna raed tihs, yuo hvae a sgtrane mnid too Cna yuo raed tihs? Olny 55 plepoe out of 100 can. i cdnuolt blveiee taht I cluod aulaclty uesdnatnrd waht I was rdanieg. The phaonmneal pweor of the hmuan mnid, aoccdrnig to a rscheearch at Cmabrigde Uinervtisy, it dseno't mtaetr in waht
oerdr the ltteres in a wrod are, the olny iproamtnt tihng is taht the frsit and lsat ltteer be...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 21, 2009 11:49pm
|
 |
THANK YOU MERLIN
|
|
|
|
.com works also.
always has. ive just never mentioned it.
Quote:
Originally Posted by TiaForex
Oops thanks Tyler. I've adjusted my post.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 22, 2009 1:35am
|
 |
THANK YOU MERLIN
|
|
|
|
CHART
CHART
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 22, 2009 2:18am
|
 |
THANK YOU MERLIN
|
|
|
|
THATS GREAT marcelnyo.
very nice.
jim
.
Quote:
Originally Posted by marcelnyo
EURGBP Friday's Hard Break trade, now a free trade, half profit already taken.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 22, 2009 2:19am
|
 |
THANK YOU MERLIN
|
|
|
|
CHART
CHART
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 22, 2009 4:17am
|
 |
THANK YOU MERLIN
|
|
|
|
YEP i agree.
YOU JUST GOTTA BE A GUNSLINGER.
fast and accurate, otherwise in a way you could say arsa is right.
if your not a gunslinger it wont work and your accounts will be buried deeper than johnny ringo after val got finished with him.
how do you become a bonified gunslinger?
practice of course.
Quote:
Originally Posted by ghous
 .
Ryan??
EDIT: PA works on all time frames and all pairs, at least for me it has. And I can bet my bank I'm not alone...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 22, 2009 4:30pm
|
 |
THANK YOU MERLIN
|
|
|
|
yes i thought the same thing.
just another example of how reliable this can be when you get good at it.
it was a 50 plus pip move to the bar highs and it reversed on cue.
had it closed above those bar highs then we know that they very well could hold as support.
not a location i would be comfortable with but everytime i see them do there thing i smile.
i saw this pin the day it closed and said to myslf.
"its going to around 7900 and it will probably have trouble there?
it was an easy 75 pips for those that are less conservative than me and understand your stop goes to breakeven at light speed.
jim
Quote:
Originally Posted by ghous
Agreed.
I was trying to point out at the action that the pin brought about and how it fell perfectly into place.
Sorry if the post got delineated as a potential A+ setup, it wasn't and I did mention it on the chart too...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 22, 2009 4:42pm
|
 |
THANK YOU MERLIN
|
|
|
|
welcome mag.
yes its very hard to know sometimes because many of our fine ladies pick a gender neutral name.
i know for a fact that there are a couple of "names" here that everyone thinks is a guy when that aint so. lol.
They get a kick out of it and so do i actually.
One of them all of you would fall right out of your chair if you knew.
all our ladies are treated with the respect.
respect and kindness are required here.
we are honored to have you join us.
jim
Quote:
Originally Posted by Maggioz
This is my first post on this thread, though have been a lurker for some time and also a member of the PF, but I hope to post more in the future as I feel we females are in short supply. Maybe there are more out there than I realise.
Has anyone taken the EUR/NZD? I took the daily PB long at 2.1840 and still in the trade at 2.1985.
Unfortunately having problems uploading a chart.
Maggi
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 23, 2009 12:52am
|
 |
THANK YOU MERLIN
|
|
|
|
i know.
thats why i said it.
Quote:
Originally Posted by jarroo
 This is going to bug me for awhlie. lol
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 23, 2009 12:59am
|
 |
THANK YOU MERLIN
|
|
|
|
geez. i want to ask real bad but i wont.
jim
Quote:
Originally Posted by TiaForex
I never mention it to women. Ever.  . Although if I had to, I like Mike's definition, "I buy and sell money". Sounds cool no?
Luckily my main job is as a theatre, televison and film actor which sounds far more interesting (even though in practice it isn't). In fact you wouldn't believe some of the places I have posted to this thread from, and you wouldn't believe who some of the people were that asked me what I was doing. At least one Oscar winner now knows about James16... 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 23, 2009 1:11am
|
 |
THANK YOU MERLIN
|
|
|
|
lolol.
its killing you aint it?
i might be just kidding around.
Quote:
Originally Posted by jarroo
 . . . Bema . . no, never mind. lol
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 23, 2009 7:19pm
|
 |
THANK YOU MERLIN
|
|
|
|
im thrilled when i see these.
nothing can stop you matt.
nothing except not being picky.
if you will continue to refine your trades and increase your account size you will get to a point where its almost easy.
im serious,
jim
Quote:
Originally Posted by FxMatt
Thanks Ghous. If I count my BE trades over the last 4 weeks 80% of my trades have been winners. I just need to keep faith with my trade once it is open and give it room to breathe.
I am definitely making progress and the support of you guys is a major contribution. Thank you.
Matt
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 23, 2009 7:22pm
|
 |
THANK YOU MERLIN
|
|
|
|
damn squeezy.
i need a lesson please.
jim
Quote:
Originally Posted by squeezy
pa rules
i cant shout.....lol
have to check but i think ive made about +500 pips in 2 days already, some are still opened, havent closed them...trailing them
how simple does it get, i kno there will be some shaky days but hey im loving pa all the way....still in gbpchf, eurgbp since yday
added audjpy h4, audusd h4 pins today, closed half.... @ be on both
got stopped out yday on my euraud h4 dblhc @ be, hopefully i go in for revenge ,if she closes well ....lol
also looking forward to adding gbpjpy h8 pin (if they close as expected)
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 23, 2009 7:24pm
|
 |
THANK YOU MERLIN
|
|
|
|
i would love to see these charts t with some notes.
glad your seeing some improvement in your trading.
jim
Quote:
Originally Posted by TotalNewbie
Stopped at BE again  , still that's 2 BEs in a row off the 4H and a lot better than my results before I found this thread. 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 23, 2009 7:39pm
|
 |
THANK YOU MERLIN
|
|
|
|
NO DIFFERENCE.
its an illusion that they are less reliable.
they are not less reliable they are just "harder".
harder in this case is hard to define with words.
in this case harder must be experienced and overcome.
jim
Quote:
Originally Posted by bfd
I've had that problem, I'm coming to the conclusion that pin bars are much less reliable on 1 hr charts. Maybe all other setups too?...not sure
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 23, 2009 7:41pm
|
 |
THANK YOU MERLIN
|
|
|
|
mine was a very simialar experience.
i just plopped out the first thing that came to mind.
jim
Quote:
Originally Posted by Dropped Onion
Hi Mike. Making a quesadilla i dropped an onion. Right after, i discovered FF and had to sign up with a username and went with dropped onion. wish there was more to it 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 12:00am
|
 |
THANK YOU MERLIN
|
|
|
|
very nice tyler.
i was looking for this observation and did not have to look far.
jim
Quote:
Originally Posted by tyler812
I assume you mean 157.40, as that is near the first daily bar low that could cause problems. Personally, I am watching very closely, as I'm still bearish in the longer term for this pair. I will probably move up my stops by then, and if price hiccups too much, I'll take some profits. I don't trade this pair too often, so I'm a little nervous myself  . One can never be too cautious.
Tyler
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 12:08am
|
 |
THANK YOU MERLIN
|
|
|
|
CHART
Quote:
Originally Posted by james16
very nice tyler.
i was looking for this observation and did not have to look far.
jim
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 12:10am
|
 |
THANK YOU MERLIN
|
|
|
|
my met4 account seems fine.
jim
Quote:
Originally Posted by datogio
sorry for the off topic but is ibfx down or its just my problem? 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 12:33am
|
 |
THANK YOU MERLIN
|
|
|
|
your welcome.
jim
'
Quote:
Originally Posted by oloyede17:81
i'm enjoying ur teachings over here
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 1:28am
|
 |
THANK YOU MERLIN
|
|
|
|
who is this masked man?
Quote:
Originally Posted by tyler812
Yep, it's looking pretty good so far. I've already taken some off the table, and moved stops to BE, looking for TP around 159.00.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 1:46am
|
 |
THANK YOU MERLIN
|
|
|
|
chart
Quote:
Originally Posted by james16
who is this masked man?
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 2:28pm
|
 |
THANK YOU MERLIN
|
|
|
|
me also.
remember that its early in the game squeeze.
the fight now will be almost totally between your ears.
the thought process now should be to tighten things down as much as possible.
the norm is to loosen them up.
DONT DO THAT.
Quote:
Originally Posted by mbqb11
guess what? Now others will read it from you too
It's nice when the pieces start to come together huh? well done squeezy, very happy for you
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 2:41pm
|
 |
THANK YOU MERLIN
|
|
|
|

Quote:
Originally Posted by Schneeule
Hi, anyone sharing the same gold fate with me?
1st pt almost hit, sl at b/e.
50 % retrace not drawn... 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 2:44pm
|
 |
THANK YOU MERLIN
|
|
|
|
 
Quote:
Originally Posted by StoragePro
I wanna have your baby...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 2:46pm
|
 |
THANK YOU MERLIN
|
|
|
|
MAYBE I WASNT KIDDING.
SO YOU GUYS THINK STO IS A GUY HUH?!!!
maybe...maybe not.
Quote:
Originally Posted by jarroo
Ah-Ha . I would have never guessed. I knew it. I was strangely attracted to you by your posts.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 2:48pm
|
 |
THANK YOU MERLIN
|
|
|
|
we know rac but the word is out that storage is actually a really foxy lady. 
jim
Quote:
Originally Posted by raczekfx
Sorry to disappoint... I'm straight! 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 2:51pm
|
 |
THANK YOU MERLIN
|
|
|
|
omg that was great.
see how much storage adds to the thread?
he cracks me up.
always has.
Quote:
Originally Posted by StoragePro
Not that there is anything wrong with that.... 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 2:56pm
|
 |
THANK YOU MERLIN
|
|
|
|
naw im sorry to announce that im still not master of my domain.
Quote:
Originally Posted by StoragePro
Damn ears. Ain't that the truth.
Jim - curious - have you considered that battle won for yourself? Some personal expression would be helpful to many of us.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 3:01pm
|
 |
THANK YOU MERLIN
|
|
|
|
mikes young. he would have been out before kramer.
Quote:
Originally Posted by mbqb11
.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 3:04pm
|
 |
THANK YOU MERLIN
|
|
|
|
at my age its just trying most of the time so it really doesnt count.
Quote:
Originally Posted by mbqb11
HAHAHA
"You! You'll be out before we get the check."
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
Last edited by james16, Jun 24, 2009 3:15pm
|

Jun 24, 2009 3:05pm
|
 |
THANK YOU MERLIN
|
|
|
|

sorry i forgot.
IT guys dont have anything else to do all day.
Quote:
Originally Posted by StoragePro
All this talk - made me crazy.. I;m OUT
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 3:07pm
|
 |
THANK YOU MERLIN
|
|
|
|
omg look at what we are doing right in the middle of gladys knights first post.
everyone shape up.
Quote:
Originally Posted by StoragePro
For my friend. I've *read* that these work...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 3:10pm
|
 |
THANK YOU MERLIN
|
|
|
|
i know you have seen tia before.
its a true honor to have the owner of faulty towers among us.
one of my all time heroes.
Quote:
Originally Posted by dkmb92
haha, this is getting funny. i just wanted to say that i could care less about who is a guy/girl, race/nationality, religion, sexuality, etc. on here. although i am interested in whether tia is an actor that i have seen before or not? everyone on here is so cool and i truly appreciate all the help & education i have received. thanku jaroo & rac for all the charts you both continually post, i keep learning more & more every week. this is a really great community to be involved in. i do want to join the pf at some point, but i have a couple other...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 3:13pm
|
 |
THANK YOU MERLIN
|
|
|
|
thanks.
you know why they give those to old men in rest homes?
so they wont roll out of bed.

Quote:
Originally Posted by StoragePro
For my friend. I've *read* that these work...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 3:19pm
|
 |
THANK YOU MERLIN
|
|
|
|
lol.
what happened to mike?
we just get going and he cuts out.
get out of the bathroom mike.
Quote:
Originally Posted by StoragePro
LOL !!!!!
Yep! You'll point North!
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 3:21pm
|
 |
THANK YOU MERLIN
|
|
|
|
yeah thats all those brits do.
guess its all the rain or something.
i gotta stop. my stomach hurts.
Quote:
Originally Posted by StoragePro
eeek! Tia got into the blue pills!!!!
(gotta slow it down...)
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 3:29pm
|
 |
THANK YOU MERLIN
|
|
|
|

have fun mike.
hope im not banned by the time you get back.
if i am its sto's fault.
Quote:
Originally Posted by mbqb11
Lolol
I am headed to the gym to get the blood flowing in a more productive way. I will let you and sp dig the hole deeper
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 3:35pm
|
 |
THANK YOU MERLIN
|
|
|
|
geez.
i swear some great stuff comes out of that dressing room.
Quote:
Originally Posted by TiaForex
I wanted to crystallise a few thoughts floating round in my head by writing about them and hopefully it'll help others too.
We all want to cut our losses and let our winners run. That's the key to trading right? But people say it like it's as easy as throwing a switch. It's not. It's a bit like when I work as an actor and I get told by a director to "be in the moment". Yeah. Great. Now tell me how.
Because there are arguments on both sides here. Look at that recent GBPCHF pinbar long that reversed at the highs. And the weekly AU and GU. These...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 3:43pm
|
 |
THANK YOU MERLIN
|
|
|
|
its SP.
he does that to me.
i started it and he knows how to stoke the fire.
Quote:
Originally Posted by jarroo
Somebody grab that liquor bottle away from the big guy. Sounds like somebody's having a good day. 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 3:54pm
|
 |
THANK YOU MERLIN
|
|
|
|
my thoughts on the dow.
imho the dow is hanging on a cliff.
at its current level if it fails to hold 8200 i think the floor gives way.
i think 8000 will be a bump in the road on the way down to 7500-7700 and maybe lower if that happens.
if it holds here we could see a retest of 85 and possibly 89.
hopefully pa will give us a clue.
this is not trading advice im just sharing my thoughts on a market i know well.
i could be dead wrong.
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 3:56pm
|
 |
THANK YOU MERLIN
|
|
|
|
lol.
i thought you might enjoy a few of those tia.
Quote:
Originally Posted by TiaForex
Don't get me started on you Texans big guy.
I haven't laughed this much in weeks
PS Three pages appear while I type one long post. If there's anyone popping blue pills here it's the James16 Chart Thread
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 4:02pm
|
 |
THANK YOU MERLIN
|
|
|
|
wait until your 50.
naps are all your prostate will let you have.
Quote:
Originally Posted by Ryanmcd
wtf, I take a nap and miss all the retards having a good time  Oh well at least I have a good one yesterday with B0B. lol
P.S. Anyone else take naps? I found it's nice to get away from everything for 30min to 1hr a day.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 24, 2009 5:14pm
|
 |
THANK YOU MERLIN
|
|
|
|
you have no idea.
mother teresa took saint lessons from my wife.
Quote:
Originally Posted by StoragePro
I am truly surprised you have kids.... Your wife must be a saint.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 25, 2009 6:05pm
|
 |
THANK YOU MERLIN
|
|
|
|
i cant remember if we have a fib video up on the guest side mike.
i forget sometimes just how "new" that "new" can actually be sometimes.
mike or i will do a fib video soon and put it up in the guest area.
if you beat me to it mike do a section on confluence with the fibs and other areas also along with just the basics. round numbers, ma's, pivot zones etc etc...
might not be a bad idea if we both did one.
no hurry just an idea that im sure i will forget about in 2 or 3 days.
remind me mike if i do that.
correction. remind me mike when i do that.
lol.
mike is my young brain and im very glad i have use of it..
jim
Quote:
Originally Posted by mbqb11
Here is an example where we would be searching for shorts. So we are drawing the fib from high to low, showing the lowest numbers on the bottom and increasing as they move up. So as price rises(or retraces) into the fib numbers it has retraced a larger amount of the measured move(where the fib was drawn from Swing high to the swing low). So price has already moved past the 23.6, and is approaching the 38.2. So the reason the numbers go from low to high, is b/c they represent the percentage the move has retraced of the larger down move. When we hit...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 25, 2009 6:11pm
|
 |
THANK YOU MERLIN
|
|
|
|
nzd/usd
daily got me for minus 40 pips.
ticked me off.
i was only looking for 6310 for some profit and breakeven.
6345 was all i got which was plus 30 from my entry.
it was not the quality set up i usually play but doggonit i rarely miss my first target regardless.
i can live with -40 but not -100 which is where its currently at.
i dont regret my exit one bit.
jim
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 25, 2009 11:53pm
|
 |
THANK YOU MERLIN
|
|
|
|
hello nonick its good to see you.
im very proud of how your doing.
i didnt take the gbp. thats the one i should have taken.
bottom line is for my conservative trading i shouldnt have taken either.
its always bugs the hell out of me to lose.
my 11 year old asked his mother at dinner out tonight what i was mad about ( he can read me like a book) and she looked at him and said you know the answer to that.
he knew he was just trying to get a rise out of me.
i didnt take the bait but i promise it will be under my skin for several days at least.
losing brings back bad days and memories and i dont think i will ever shake it.
jim
Quote:
Originally Posted by nonick
hi jim,
i took that one also and closed one half at b/e,
the other half at -50, so this trade went for me about the same as it did for you (that makes me a little proud  )i guess, two month ago, i would still be in this trade...
i was really hesitant to take it, since the low of that pin was right on a ppz that i have marked at 6375. But that pin looked strong enough to break it...
i'm also happy i closed it out...there's no reason to hold on a B- setup for too long, even with a small account.
i also wanted to tell this : i'm getting much more...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 25, 2009 11:54pm
|
 |
THANK YOU MERLIN
|
|
|
|
good for you.
KILL THE DAMN THING.
FAMOUS WORDS TO LIVE BY FROM RYAN.
Quote:
Originally Posted by PippingMama
I got busted for 30 pips on this one too, no regret at all. I was planned to put stoploss above today's high, but still decide to exit for 30 pips because I saw GOLF and Oil price is shooting up, I smell something wrong.
GET OUT! GET OUT!
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 26, 2009 12:01am
|
 |
THANK YOU MERLIN
|
|
|
|

Quote:
Originally Posted by bundyraider
James,
Don't worry man. Losses are part of this business, and over time you will learn to accept that we can't be right every time.
You've improved tremendously. I remember when you started this thread so that others could help you with your trading. And look at you now...
You are going to make it in this business, man. Well done. 
.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 26, 2009 1:15am
|
 |
THANK YOU MERLIN
|
|
|
|
already bagged my g/j.
im such a wimp.
man im grooving to some chickenfoot.
ive waited over 20 freakin years for something like these guys.
im a classic rock nerd and im in chickenfoot heaven.

Quote:
Originally Posted by Ryanmcd
Yep that's it, This forum does not pay my bills and I have to make my own money so if I dont kill the losers I may have to contact Bob with my head in shame lol  Jim you still in that GBP/JPY? I am just going to ride them out for now on, either I win or lose it does not matter as long as it's over 50% and backtesting shows it well over 50% winners as long as I wait for RSI divergence and BB extremes 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 26, 2009 4:24am
|
 |
THANK YOU MERLIN
|
|
|
|
meeting people like you ghous and others from around the world has forever changed my life.
i cant begin to describe the ways it has helped me to grow as a person.
two of my best friends own a convenience store near me and have built a nice real estate portfolio around it.
one is my age and he grew up in an orphanage in india.
his wife is from pakistan.
both have lived here for around 20 years.
i have watched their children grow up and there hard work turn them from struggling to pay the bills to fairly wealthy.
they love this country and state so openly and it always brings tears to my eyes when they start talking about how much they appreciate the oppurtunities america has provided them and there children.
after 9/11 my heart ached for them because i could see the fear in there eyes.
all they had worked for was very much in question and they were scared to death for there kids.
my community stood behind them and to this day (Sam/india) cant talk about it without crying. he has a flag in front of his store constantly.
i have learned that we are all the same. there are no differences between any of us no matter where we live. we are all humans living at different locations around the globe. thats it.
the only thing that seperates us is ignorance.
there is no country free of it including mine but its people like you and your parents (that you speak of) and similar countless millions from around the globe that must stand up and say no more.
i truly believe that the greatest thing the internet has done is to show us just how similar we all really are.
learning that thru this thread has been one of the greatest blessings of my life.
Quote:
Originally Posted by ghous
Well done on managing it expertly Squeezy, Never mind on a BE. They are winners!
Regards,
Ghous.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 26, 2009 1:53pm
|
 |
THANK YOU MERLIN
|
|
|
|
 
Quote:
Originally Posted by StoragePro
LOL! Good stuff. I heard Sammy was working on some new stuff with some Rock Studs. It is 8:42AM and I want a Beer and a Bourbon chaser!
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 26, 2009 2:00pm
|
 |
THANK YOU MERLIN
|
|
|
|
Quote:
Originally Posted by StoragePro
Hey boys and girls. I've had some fun here the past week or so. You made me glad I came down from my mountain to hang with you all. (OK - Jim heckled me into it) LOL Not only that, but Jim has tidied up the place nice. New carpets, nice curtains, and the fridge is full of beer!
I just love that "New Thread Smell" - don't you?
[size=4][font=Tahoma][color=navy]Well, I'll be out of pocket till next week sometime. Getting on a aero-plane...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 26, 2009 9:45pm
|
 |
THANK YOU MERLIN
|
|
|
|
what tha
i enjoy this stuff so please indulge me.
this is the planet in 100 milion years based on current plate movement.
i always say how i enjoy the aussies here.
well take a look, it will be a while but we will eventually be nieghbors.

__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 26, 2009 11:39pm
|
 |
THANK YOU MERLIN
|
|
|
|
AMEN BROTHER.
its just another freedom and money grab.
anyone that has studied earths climate history KNOWS that -
we are actually in a cool period that has lasted for millions of years.
most of earths history has been without ANY ice at the poles AND IT WILL HAPPEN AGAIN WITH PLATE MOVEMENT NOT BECAUSE I DRIVE MY BIG TRUCK.
In the late 70's THESE SAME PEOPLE were screaming we were creating global cooling. dont believe it? check out ted dansen and his loony friends from back then.
it is not nor has it ever been about saving anything. its a relegion.
its about marxist/leftist sociol agendas designed to slowly over time take away your freedoms and your money by making goverment bigger thru scare tactics.
sad thing is that most people dont think for themselves and buy it hook line and sinker.
sorry if i offended anyone. no one loves nature, animals etc etc more than i do but i dont like liars.
especially liars that want to control my life, punish my success and remove my freedoms.
A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government.
Thomas Jefferson
Quote:
Originally Posted by jarroo
This has always fascinated me as well. And to hear all these man made global warmimg nuts, they would look at that picture and figure how has man caused this.
Man cannot cause global warming no more then he can stop the plate movements of the earth.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
Last edited by james16, Jun 26, 2009 11:59pm
|

Jun 27, 2009 1:19am
|
 |
THANK YOU MERLIN
|
|
|
|
thanks dato.
i certainly dont want to come across as a right wing nut. im not.
i just want the freedom to pursue my dreams without some nanny state telling me what to do and when to do it.
even more than that i dont want lazy people living off of my hard earned dime.
i give a ton of money to charity. more than joe biden and hes the guy that said rich people need to step up and do more.
well joe is 40 percent of my money not enough?
whats enough joe?
60, 70, more?
its my money joe. i worked for it.
why should i give it to you and your big goverment cronies joe?
so you can waste it on another dumb sociol program that does nothing but create more dependency?
i know your type joe and i will fight you and those like you till the day i die.
sorry joe its my thread.
Quote:
Originally Posted by datogio
I grow up in soviet union and the only difference I see between socialism and democracy is just a time that is needed to achieve the purpose that both of this systems are supposed for. What is the purpose? To rule the mass of not successful people living in illusion of being successful by single successful person.
Socialism wanted it all at once and almost achieved while Stalin ruled Soviet Union but collapsed soon after his death.
The same purpose is true for democracy but a little later.
And the tool to achieve this purpose is FEAR in both...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 27, 2009 1:46am
|
 |
THANK YOU MERLIN
|
|
|
|
i will quit after this but im passionate about stopping this. i said before i dont want to offend anyone but if it does it does.
On Friday, the House of Representatives passed today cap-and-trade tax legislation designed to reduce carbon emissions by raising the prices of oil, gasoline, natural gas, coal, home heating oil, and anything else that produces carbon dioxide emissions, believed to be the main culprit behind supposed global warming. That is estimated to increase costs per family by an estimated $1,600 to $3,200 each year.
During the campaign last year, in the debates, in speeches, and in campaign ads, Barack Obama promised over and over that he would cut taxes for the 95% of Americans making less than $250,000 per year. He pledged that his tax increases would only apply to the top 5% of Americans making over $250,000. Yet Obama fully supported passage of the House cap-and- trade tax bill.
In one nationally televised debate, Obama scorned John McCain's charge that he would raise taxes by insisting that if you make less than $250,000 per year, your taxes will go down, emphasizing the point with a grand downward sweeping motion of his arm. In a speech on September 12, 2008 in Dover, New Hampshire, Obama said,
I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.
The tax cut for 95% of Americans turned out to be a little $400 per worker tax credit, less than $8 per week, just for this year and next. Under the recently passed Democrat budget, that tax cut is gone after next year.
That will be replaced instead with the new cap-and-trade cost burden that will be paid by everyone in the prices of everything we buy, but particularly in electricity (primarily produced by burning fossil fuels), gasoline, natural gas, home heating oil, and food.
Democrats pushing the bill have recently argued that the total costs per family will be trivial, as low as $80 or $175 per year. But the whole purpose of the bill is to raise the price of using carbon-based energy to reduce its use, 17% by 2020 and 83% by 2050. That is probably going to require even more than $3,000 per family per year.
The bill will also result in millions of lost jobs and a weakened economy due to high cost energy. Remaining manufacturing in America will flee overseas. The coal industry will be phased out.
All of this just as the global warming fantasy is intellectually collapsing. Global atmospheric temperatures measured most accurately by satellites have shown declining temperatures for the past 11 years, with the decline accelerating most recently. The latest science explains the twists and turns of temperature trends in the 20th century as due to natural causes. Countries around the world such as France, Poland, Australia, the Czech Republic, and New Zealand are turning against cap-and-trade tax burdens for their own countries, and China and India have rejected the idea for their emerging economies all along. Even global warming advocates admit that the bill passed by the House tonight will have no significant effect in reducing global warming, despite all of its costs for the America people. The science behind the theory of man-made global warming has been thoroughly rebutted in a new 880 page book just released by the Heartland Institute appropriately titled "Climate Change Reconsidered."
Moreover, this appears to be just the beginning of higher taxes for 95% of Americans. Numerous tax increases are being considered to finance Obama's new national health care entitlement program, including a tax on employer provided health benefits. The Washington Post reported that Obama and Congressional Democrats are considering a new federal value added tax (VAT) as well. VAT taxes are common in Europe, where they are embedded in the prices of goods sold, much like a sales tax. Again, the price of everything would go up.
With these and other developments on the horizon Obama is poised to break the central promise of his campaign, which took him straight to the White House. Did Obama win last year on false pretenses? Perhaps he might remember this cautionary tale: When the first President Bush broke his campaign pledge not to raise taxes in 1990, he was booted out in the next election.
Quote:
Originally Posted by james16
thanks dato.
i certainly dont want to come across as a right wing nut. im not.
i just want the freedom to pursue my dreams without some nanny state telling me what to do and when to do it.
even more than that i dont want lazy people living off of my hard earned dime.
i give a ton of money to charity. more than joe biden and hes the guy that said rich people need to step up and do more.
well joe is 40 percent of my money not enough?
whats enough joe?
60, 70, more?
its my money joe. i worked for it.
why should i give it to you and...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
Last edited by james16, Jun 27, 2009 2:00am
|

Jun 27, 2009 4:47am
|
 |
THANK YOU MERLIN
|
|
|
|
your my right hand man mike.
you never ask for anything. you never complain about anything.
everytime i look up there you are doing your thing.
suffice it to say that if it were not for mike i doubt seriously i would still be doing my thing.
yeah ive been thinking about that part of the forum.
actually have a boat load of stuff to get into and put up.
its on the to do list somewhere behind my tee time in northern new mexico in mid july.
storage can have his limos, i will take the mountains and a golf cart.
lol.
Quote:
Originally Posted by mbqb11
I highly doubt you offend anyone who knows you Jim. Your passion is inspiring in so many ways to me. On such a different level for me now. At first it was for trading, now it is so much of your journey that I am passionate to learn from.
I always like the weekend, b/c it usually brings the thread into a different gear for at least a day or so.
Still looking forward to your "spiritual journey" section as it grows.
Thanks for sharing your insight with us beyond trading too
Mike
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 27, 2009 4:59am
|
 |
THANK YOU MERLIN
|
|
|
|
chickenfoot baby
almost 49 years old. 4 in the morning and im hanging out at chickenfoot.com
i need therapy.
i just know i need therapy.
im going to bed but i will leave you something to laugh (i guess) about.
i saw both sammy hagar and van halen in the same year in 1978.
in 1978 i could tie my hair in a bow under my chin.

__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 27, 2009 5:33pm
|
 |
THANK YOU MERLIN
|
|
|
|
well said but theres a huge problem.
over 50 percent of the population has figured out they can elect ultra liberal politicians and as a result vote themselves free money off the backs of the achievers in our society. of course that wouldnt be poossible without decades of building dependency.
the whole purpose and goal of the neo-marxist philosophy is to reach that point.
they are there and im not sure it can be stopped.
jim
Quote:
Originally Posted by albchr
Jim, PLEASE don't quit!! Don't EVER quit this!! If folks like you (and the rest of us) do, we're doomed as Americans if not already by these radical fanatics. Remember folks, we hire these idiots to "steer" the ship. WE THE PEOPLE still say "Where it goes". If we give that up, ALL the families, fortunes and LIVES lost over 250 years will be for nothing. When looking for someone to stop this madness, look in the mirror!! Because that's where you'll find your hero's.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 27, 2009 5:42pm
|
 |
THANK YOU MERLIN
|
|
|
|
lets move on
ok thats enough. me included.
i feel responsible for opening the door so im closing it.
my apologies for any hurt feelings.
lets get back to trading.
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
Last edited by james16, Jun 27, 2009 5:56pm
|

Jun 27, 2009 6:22pm
|
 |
THANK YOU MERLIN
|
|
|
|
geez dont scare me like that.
Quote:
Originally Posted by clockwork71
anyone else not able to get into the private forum?
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 28, 2009 1:59am
|
 |
THANK YOU MERLIN
|
|
|
|
geez i found myself at the end of this wanting more.
im looking foward to chapter 2.
jim
Quote:
Originally Posted by StoragePro
Hey everybody! On the BlackBerry posting - sitting in the bar workin' the vodka and tonics (Long Story)
So - NYC is still a gritty ubrupt place.
Yesterdays storm screwed with the flights. Canceled.
So - we rebook via ATL and secretly hoped to get canceled there - love that city!
Here is a lesson for all. People generally are doing the best they can. They have stress and pain in their likes (if we only knew) and then they have to tell a plane load of people that their flight is canceled. Ugh. That hurts them bad.
I have habitually been...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 28, 2009 8:08pm
|
 |
THANK YOU MERLIN
|
|
|
|
earths history and the study of it is one of my hobbies ace.
it has been one of my hobbies for decades.
how much research have you done?
spend a couple of months at this site and then you might be able to talk to me on my level of understanding of this subject.
this site is about actual research into earths climate history and how all epochs compare.
this site has won numerous awards from the scientific community.
it has no politics behind it. it has no agenda other than knowing the actual truth of earths history.
im not trying to beat you up dude im just trying to get you to look for the truth on your own instead of just trusting what you hear.
what does the research show? its on the home page and its very simple and its not debatable. you can debate whether humans are causing increasing tempatures but you cant debate this fact.
http://www.scotese.com/climate.htm
During the last 2 billion years the Earth's climate has alternated between a frigid "Ice House", like today's world, and a steaming "Hot House", like the world of the dinosaurs.
its the truth whether you want to believe it or not.
Quote:
Originally Posted by Ace284
LOL, thats a good joke. Tell me another...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 28, 2009 11:31pm
|
 |
THANK YOU MERLIN
|
|
|
|
well stated and done in a non confontational way. probably better done than my rants mon.
jim
Quote:
Originally Posted by moneda
James,
I know that this is your thread and you seemed very passionate about the subject of climate change otherwise you would not continue to bring this subject up...so since you have left the door open in a forum format I have to ask you what is your point in this whole issue? That there are people who take advantage of the damage that we are doing to the planet for their own selfish purpose? That we should be more skeptical of what we read or hear? That the liberals are to be blame for the hysteria of global warming? That truth is the ownership...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 28, 2009 11:40pm
|
 |
THANK YOU MERLIN
|
|
|
|
some other thoughts
obviously people give me some leeway to do things here because its my thread and ive been here for a while but please know this.
I RESPECT ALL OF YOU WHETHER YOU AGREE WITH ME OR NOT.
as long as we can do things in a friendly and respectful way then deviating from trading from time to time is fine i think.
if i ever cross the line anywhere and break any of my own suggestions i expect to be called on it.
i work very hard to keep my ego in check so no one should be concerned about opposing me on anything.
lets just please do it with kindness and that starts with me.
that being said lets look at some more climate facts. LOLOL.
this represents how the earth has been from a climate perspective for most of its history.
Late Triassic Climate
 Global climate was warm during the Late Triassic. There was no ice at either North or South Poles. Warm Temperate conditions extended towards the poles.
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 28, 2009 11:53pm
|
 |
THANK YOU MERLIN
|
|
|
|
lou is one of the earliest members of forex factory.
hello lou, how are you old buddy?
jim
Quote:
Originally Posted by Lou
With you on the climate change and the earth surface plates moving. Taught this in Earth Science class years ago.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 30, 2009 6:10pm
|
 |
THANK YOU MERLIN
|
|
|
|
im always amazed by these 1st time posters that obviously understand what we are doing.
you have to be at least a medium term lurker h.
welcome,
jim
Quote:
Originally Posted by Headless
Hi all, my name is Headless and this is my first post here - great thread!
Regarding the GBPCAD Pin, if you look at the big picture it is at a fairly major level going back a few years.
There is confluence of both 61 & 38 Fib levels going back to 2006, plus a significant PPZ.
BUT I am also well aware of the PPZ / Round Number below at 1.1900
Would be interested to hear other views.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jun 30, 2009 6:46pm
|
 |
THANK YOU MERLIN
|
|
|
|
lol. well that explains a lot.
you world travelers blow my mind.
jim
Quote:
Originally Posted by Headless
Thanks Jim and you are correct. I have been lurking for a while, and am actually also a member of the PF.
Just my circumstances haven't been conducive to posting as I?ve been on the go for a while ? Eastern Europe, Middle East, NZ, SE Asia etc?. But just settling into a new place in London now and finally have more time on my hands.
Thanks to all the regulars here ? I almost feel like I know some of you! 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 1, 2009 1:50am
|
 |
THANK YOU MERLIN
|
|
|
|
oz whats up!
good to see you.
jim
Quote:
Originally Posted by ozziedave
Hi All..
Long time reader of James 16. I must admit that I have read this thread since the beginning and actually was one of the original members of the PF for the first few months. Like so many I have wondered from time frame to time frame and system to system only to discover that S & R and PA on longer time frames is the best way to trade. Starting in July I will be trading using 4hr and daily charts, what a massive change in mind set from the fast action of the 2M and 5M charts..lol. It may take some time to get use to the longer time frame...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 3, 2009 1:44pm
|
 |
THANK YOU MERLIN
|
|
|
|
come into my thread and help others to learn in a decent and kind manner and your welcome here.
come into my thread with low time frames teachings and your still welcome here.
come into my thread and question my approach in a decent and kind manner and your still welcome here.
come into my thread and be a prick and i will kick your ass.
btw for anyone thats wondering it wasnt me that suspended him.
he might be back.
if he does come back he will get a second chance to do things right.
thats how we roll here.
jim
Quote:
Originally Posted by bobability
Mike
Last word.
Why the main man with 3 decades of experience isn't teaching it though?
There's maybe one chart or two on this whole thread, no teachings. I know what's going on here and the stink is bad. I take it you are in with the subs private forum? For those who want to learn for free, contact me.
Boot me all you want, this site is controlled by James and Mike, you are being ripped off. Shame, it could've been fun.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 3, 2009 7:33pm
|
 |
THANK YOU MERLIN
|
|
|
|
listen up
in 5 years -
i have banned one person personally and have never asked for anyone to be banned.
i go out of my way to be low key about the group.
I have no idea who runs this place or even the company behind it and i have been here since virtually day one.
I AM NO DIFFERENT THAN ANY OF YOU.
The only priveleges i am given here is my title as preferred partner (WHICH I NEVER ASKED FOR) and due to that title im given a little leeway in some areas.
I could scream everyday about the group and i would probably not be called on it but guess what?
I dont and i never will.
why? BECAUSE I FREAKIN RESPECT THIS PLACE AND ALL THE HARD WORK THAT HAS GONE IN OVER THE YEARS TO KEEP ASSHOLES AND IDIOTS OUT.
i always try to give people a chance to show there true colors because we all make mistakes.
Forex Factory MUST keep out assholes.
Assholes will turn the place into a hell hole and then new traders will no longer feel safe to come here and learn.
Anyone familiar with the hell hole called moneytec? you cant say anything there without being insulted, cursed at ot accosted.
Is that what some of you really want?
FOREX FACTORY IS GREAT BECAUSE OF ITS DEFENSE MECHANISMS.
Without them i would be gone tomorrow along with most others here that have helped this place become a great place to learn.
It has nothing to do with free speech.
question or challenge me on anything but do it like a man and not a punk kid.
Jim
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 3, 2009 7:35pm
|
 |
THANK YOU MERLIN
|
|
|
|
yes bob is not just bob.
i wont go any further than that.
jim
Quote:
Originally Posted by SomTam
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 3, 2009 10:20pm
|
 |
THANK YOU MERLIN
|
|
|
|
thank you mark,
jim
Quote:
Originally Posted by markmm
Point is this thread is free and its worth its weight in gold. Anyone can read it and learn, whether they goto the private forum is up to them, I have never ever felt pressured to join the pf.
I joined because I knew I didn't have time for a mentor 1 to 1 and the private forum is the next best thing.
Ive said this many times but the videos alone are something I will regard as precious knowledge.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 3, 2009 10:21pm
|
 |
THANK YOU MERLIN
|
|
|
|
i honestly havnt followed the discussion.
give me a chance to go look.
jim
Quote:
Originally Posted by mea
James sinse you are online would you be willing to answer the RR question?
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 4, 2009 2:30am
|
 |
THANK YOU MERLIN
|
|
|
|
i told you before you and me are more alike than you know.
you could ask most people that know me personally and they would tell you right off im as nice a guy as they know but they would also tell you he doesnt like mean people.
the kind of people im talking about like to beat on women and animals and generally try to make everyones life as miserable as theres.
i have no sympathy for people like that.
put whatever happened to you as a kid behind you and pull your head out of your ass.
my life aint been perfect either.
i fully understand that this might not come accross as being very forgiving or understanding of people but i dont care.
mean people suck.
Quote:
Originally Posted by Ryanmcd
LOL I goto the lake for a day and miss all the action. I think bob was a fun time, the kinda guy that kicks in your door, pisses on your floor then asks what food do you to eat kinda guy.
James you put up with more shit then anyone I know and thank you for it, I know I come off as a asshole but I will do anything for anyone and I hate to see people lose and do dumb shit so I put it to them stright and most people dont like that but that's How I roll.
P.S. Mike drink a few more 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 4, 2009 2:32am
|
 |
THANK YOU MERLIN
|
|
|
|
there ya go greg.
greg gets it.
Quote:
Originally Posted by gregwallace
All new people who come here and put shit on long time members here should be told to immediately open there own thread and publish there live trades in the journal section. They should be restricted to posting only in there own journal.
That will stop all the arguments. That will stop all the bullshit. Make them prove themselves with public trades like James and Jacko and Steve.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 4, 2009 2:12pm
|
 |
THANK YOU MERLIN
|
|
|
|
i dont know what the future holds.
i do know that people like you are heroes to me.
tonight while i am shooting fireworks with my family i will personally light a big one for you and those like you yearning and fighting for freedom and liberty.
i will personally read this post from you before i do it.
keep your head up and your dreams alive.
the birth of freedom is never without pain.
HAPPY BIRTHDAY AMERICA!!!
I OWE EVERYTHING TO YOU.
You allowed me to reach for the stars.
you gave me a chance.
a chance to strive for my dreams.
sometimes i have failed and sometimes i have found success but you gave me the freedom to try.
I would die for you tomorrow to make sure my kids can say the same in 50 years.
jim
Quote:
Originally Posted by Basber
I'm From Iran, You Bet Here Is Absolout Democracy !! 2 Of My Friends Killed By The Goverment, And 7 Was Captured (I Don't Know Where Are 2 Of Them, There Is No News About Them) And The 3 Of The Others That I Heard About Them Are Hit To Death And They Are In Jail. And I Know Many That Been Hit In Those Days In Streets, Just Calling For Democracy ... Nice Goverment, Ha ?!  ) But We Have Nice People That Keeps Us Alive In Here
Regards,
Basber
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 4, 2009 2:18pm
|
 |
THANK YOU MERLIN
|
|
|
|
yes.
Quote:
Originally Posted by StoragePro
Basber -
Thank you for sharing this. I have friends from Iran, they ache to go back, but realize that they cannot due to the conditions there. All of them have lost family to the current regime.
Americans celebrate their freedom today, but that has been an ongoing process for us when every so often the country goes through a painful period of change and adjustment. I believe we may be entering a period right now - the first since the turmoil of the 1960's. It is going to get a lot worse before it gets better.
When I read things like you have...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 8, 2009 12:56am
|
 |
THANK YOU MERLIN
|
|
|
|
here is one of my stories. notice i said one of.
i have several i could tell.
its about 10 years ago and im scalping the es or er, i cant remember which.
im trading 200 per tick or more.
price can move 10 ticks in 2 seconds.
im in a trade that is supposed to last 30 seconds max.
im exiting on market with no stop loss set in the platform.
in other words im totally naked if there is a problem.
power goes out.
i panic but i have the drill fixed in my head.
i scramble for the cell phone.
dial the broker.
broker answers.
tell him my name.
tell him how many contracts to offset my position.
he says he needs my account number.
@$^$@#%^*#*^#*#*@*@$^*@
I DONT KNOW MY ACCOUNT NUMBER OFF HAND.
he says hold on and he will find it.
he finds it.
i give him my order.
he fills it.
i ask him where i exited.
i moan in agony.
i lost almost 15,000.
how long did it take?
60 seconds max.
thats just one.
i could tell you a couple more just as bad.
i now have the following backups when i daytrade.
1. cable internet connection on one computer.
2. dsl internet connection on another computer.
3. wireless internet connection on a laptop computer.
4. battery backup for all my computers.
5. home phone
6 seperate fax phone
7. cell phone.
8. account number ready to go.
9 a seperate account with two different brokers where i can offset a position if i cant reach the broker im trading with.
am i paronoid.
HELL YES.
Quote:
Originally Posted by g5ricky
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 8, 2009 1:16am
|
 |
THANK YOU MERLIN
|
|
|
|
Heading to 9000 feet
Heading to the mountains for 10 days or so. taking the laptop so i will stop in once or twice.
a little golf
a little white water rafting
a little hiking
a little taos time
more than a little beer.
i should have one in the cart going down this hole.
i love northern new mexico.
still not real touristy.
hope it always stays that way.
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 8, 2009 1:49am
|
 |
THANK YOU MERLIN
|
|
|
|
its probably a bit over the top but ive had everything go wrong at least once.
im to old for panic situations.
i would rather pay the money for security.
the wireless laptop is probably the best 70 bucks a month i spend.
i keep the platform up and going on it.
if i have a connection problem its always there.
i also no longer trade without a stop in place.
todays platforms of any worth allow you to pre set a stop that goes live the minute you enter a market.
a one step process instead of two.
if my account takes a position a stop is inserted at the same time.
jim
Quote:
Originally Posted by Almfx
You always teach me something new! I never had backup plans for these situations. I will start with these backups. Thanks
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 8, 2009 1:58am
|
 |
THANK YOU MERLIN
|
|
|
|
lol
ive actually had a few golf games like that but they were guy trips.
go to far into those woods and you might meet a big ole bear.
i carry bear spray when i play there.
see them all the time.
they love a cold michelob amberbock.
as long as i have a few extras of those ive never needed the spray.
when i load up with about 15 of them my wife says whos going to drink all that beer?
i tell her me and the bears.
if they show up i share.
if they dont i drink them.
Quote:
Originally Posted by mbqb11
Or drink till it doesnt matter 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 8, 2009 2:11am
|
 |
THANK YOU MERLIN
|
|
|
|
well said supreme.
i agree and never forget.
the hotter it gets the better they grow.
Quote:
Originally Posted by supremeChaos
james16,
i'm envious particularly of the hiking & white water rafting. 
Nice place Sir. still very much green..
Coincidentally, yesterday i watched a sci-documentary about forests, phytoncides the forest emits, & forest bathing.
These info validates & strengthens the fact that trees, plants, & the forests in general are very beneficial to humans, & thus the need to vigorously protect them..
I highly suggest all to research about these stuff.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 8, 2009 2:58am
|
 |
THANK YOU MERLIN
|
|
|
|
see now i was trying to be low key and jim goes and does this.
your on your own buddy.
my inbox is still on fire and ive thrown water on it 3 times.
after i get back from those green mountains im hoping the smoke will have cleared.
in fact since i agree with jim on this subject im going to make an announcement.
as of today jarroo is now the official james16 climate czar.
any complaints or concerns including vile messages, pm's or emails will no longer be read by me as i will be forwarding them to our new climate czar.
i know jim will take this very important position on with the same good attitude and helpful nature he has always shown.
should jim need support i will gladly offer any assistance he might need.
once again with great fan fare and the deepest respect from me personally i am announcing the appointment of jarroo as the official james16 climate czar.
congratulations jim.
feel free to change your avatar description or profile to show off this grand promotion.
i stand fully behind you sir should you ever need me.
jim
Quote:
Originally Posted by jarroo
If we are warming, again not man-made, some say it is the start of the greening of the planet.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 8, 2009 3:08am
|
 |
THANK YOU MERLIN
|
|
|
|
YES.
AS YOU CAN SEE HE IS OBVIOUSLY IN SHOCK FROM THIS SUDDEN AND GRAND APPOINTMENT.
i know he will do a great job.
Quote:
Originally Posted by ghous
I must be damn good at making physical appearances in my mind by reading posts....for some reason this is exactly how I thought Jarroo would look like.
lol!
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 8, 2009 3:11am
|
 |
THANK YOU MERLIN
|
|
|
|
glad i got this out of the way before i left town.
comforting to know this subject is now in such good and capable hands.
Quote:
Originally Posted by supremeChaos
jarroo,
same sentiment here as ghous's.
Now, let the pre-weekend climate debate begin. 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 8, 2009 3:15am
|
 |
THANK YOU MERLIN
|
|
|
|
OMG I JUST WOKE UP THE WHOLE HOUSE LAUGHING.
i knew you would take this as a great honor my friend.
have fun with it but be nice.
i dont know if i personally would be nice but i would damn sure have fun with it.
i swear i havnt laughed that loud in years.
Quote:
Originally Posted by jarroo
I take the appointment with honor big guy.
If you see me on the hole behind you, running towards you with a laptop, you'll know why.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
Last edited by james16, Jul 8, 2009 3:55am
|

Jul 8, 2009 3:54am
|
 |
THANK YOU MERLIN
|
|
|
|
couldnt have said it better gooz.
Quote:
Originally Posted by Goozman
For traders, the cost (of having 2-3 backup computers with different connections, and the monthly cost to keep them running) is offset if they save your a** just once every several years. So yeah, it's definitely worth it.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 8, 2009 12:33pm
|
 |
THANK YOU MERLIN
|
|
|
|
thanks buddy,
jim
Quote:
Originally Posted by SeekingLight
Congrats Jarroo, but don't start singing and stripping to "It's getting hot in here, so take off all your clothes.."
Enjoy your trip Jim and try not to spoil the bears, they'll be wandering into bars instead of streams next and you know how they love to hog the nachos and always eat all the pretzels!
My very best 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 8, 2009 5:40pm
|
 |
THANK YOU MERLIN
|
|
|
|
lol.
you jumped the gun buddy.
replace the spray with a beer.
i use a beer offering before the spray comes out.
a good cold beer rarely fails to work.
jim
Quote:
Originally Posted by mbqb11
I think James is off to his trip now so I can finally roll this out for you guys.
THIS WILL LAST ONLY TILL HE GETS BACK SUPPLY LIMITED - NEVER LET THE BEAR GET YOUR STOP AGAIN
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 8, 2009 6:06pm
|
 |
THANK YOU MERLIN
|
|
|
|
yes but but your life will surely be easier if you put J16 climate czar.
also remember that if you need to resign at any time due to stress and/or vile messages i will understand.
you probably wont want this gig for more than a week or two.
just dont get banned by doing anything crazy or at least not until i get back.
btw -
i considered a private jet charter for this trip but decided on my big ole suburban instead.
maybe i can split a charter with old al the next time he comes thru my area.
he doesnt come to texas very often.
no secret why.
ya'll have fun now and be good.
Quote:
Originally Posted by jarroo
AHhhh . . . that's better.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 8, 2009 10:44pm
|
 |
THANK YOU MERLIN
|
|
|
|
damn nice pip.
jim
Quote:
Originally Posted by pipmyride
Pretty strong zone for mine - plus fib level.
Will be out at round number 150 if price stalls (likely), with 100+ 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 8, 2009 11:00pm
|
 |
THANK YOU MERLIN
|
|
|
|
im just about to leave town but post a chart.
i havnt looked at the es or ym this week.
jim
Quote:
Originally Posted by encul?e
What do you think about the daily ES pin, James?
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 8, 2009 11:02pm
|
 |
THANK YOU MERLIN
|
|
|
|
hogfutures
hey hogfutures.
i see ya down there.
you cant slip by me with that username. lol
i see you have never posted.
are you a com/futures trader?
jim
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 9, 2009 2:47am
|
 |
THANK YOU MERLIN
|
|
|
|
lets watch it.
its similar to my ym bar.
not the best pin bar ever ( has that neutral bar look to it. no long nose) but i would bet you get a test of 900 if it breaks.
i made the comment a while back that if the dow closed under 8200 then 8000 would just be a bump in the road on the way down.
well its under 8200.
82 should act as near term resistance and 8000 is in big trouble imho.
we will know by the time of my return.
jim
Quote:
Originally Posted by encul?e
Here you go, thanks! The H&S makes me hesitant...Although there is confluence with the 200 daily SMA (not shown)

|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 9, 2009 3:57pm
|
 |
THANK YOU MERLIN
|
|
|
|
heading out in about 3 hours.
thanks for the kind and experienced words.
he is right but i will add something to it.
why do i do this and try so hard to not be a money hound?
its really very simple.
why in the world would i want to put myself in those crosshairs if i dont need the money?
what do i mean by those crosshairs?
the payback that comes from knowing in your heart your doing something to take advantage of people and doing it anyway. sorry i just cant do that.
my life at this stage is about searching for things like inner peace, joy and becoming more aware of who i really am.
i know how to make money. the only thing that could ever screw that up is my freakin commy goverment and they may very well pull it off the way things are going.
going down the money hound road would be the exact opposite of who i am and what i need.
i would rather be shot.
next time i check in it will be about 40 degrees cooler than where i am now.
cant wait.
thank you Bemac,
jim
Quote:
Originally Posted by Bemac
This is Entirely My Own Opinion, unsolicited from anywhere.
I have been involved in this "Trading Business" for more than 30 years now. In that time I have been offered Many Grails for, what seemed to be, a great deal. I took a few of them.
Net Outlay, ~ $15,000.00.
Net Gain, ~ $25.00. Yeah, that's cruel. Probably closer to a couple of hundred or so.
All of them Told Me I would be Rich & that I should just keep trying {paying them} a little while longer.
Not one of them Ever said to me;
Y'know what, You've been a member for a year now &...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 9, 2009 5:50pm
|
 |
THANK YOU MERLIN
|
|
|
|
here is one of those people im always talking about.
bitter, angry and negative.
these are the kind of people that you want to exclude from your life and circle of friends.
you hope the best for them and even help if you see a way but you never allow them to have influence in your life.
good luck bob,
jim
Quote:
Originally Posted by Bobstar
I actually got a friend to sign up to the PF and 85% of it is beginners journals. It's basically the same as what's on here, and you get to watch 'after the move' videos.
Videos from Mike are more intelligent as he seems more clued up with Money Management. All what's on there can be found here and on other forums like T2Win for free. The reason why it's free after a year is simple (it's basic business planning)
1: It keeps subscribers keen to get to the 12 months.
2: It keeps numbers up.
Do I care that he does it? Nope, I think he's...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 9, 2009 5:58pm
|
 |
THANK YOU MERLIN
|
|
|
|
thanks a5.
the truth is a wonderful thing.
jim
Quote:
Originally Posted by Area51
Hi T.E.Lawrence
[color=black][font=Verdana]Your point is understandable given the number of scammers in this business. However; after having read this entire thread I would say that there is almost no mention of the private thread in a manner that pushes forum members towards the private forum. If you search the thread for the $129 figure, you will find that in 36890 posts it is barley mentioned. James starts out with excellent advice and even implores people to not believe him but to try the method themselves...
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 9, 2009 6:07pm
|
 |
THANK YOU MERLIN
|
|
|
|
BEFORE I LEAVE
walking out the door but one last thing.
I AM NOT going to allow disruption in this thread.
All i have to do is put someone on my ignore list and they will not be able to post in this thread.
i just did that for the first time in several years.
I WANT ALL OF YOU both new and old that enjoy this thread to help me moderate it.
If you see a trouble maker please let me or mbqb11 know.
i will not stand for personal attacks either on me or any of you.
if someone has a beef with me they know how to reach me.
while i am out of town mike has my phone number.
do not hesitate to let mike know about something.
THIS THREAD WILL REMAIN A SAFE HAVEN FOR TRADERS.
NO IFS ANDS OR BUTTS ABOUT IT.
jim
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 9, 2009 6:11pm
|
 |
THANK YOU MERLIN
|
|
|
|
ok ok im outa here.
bye.
sons a bitches make me mad and getting mad gets under my skin.
Quote:
Originally Posted by StoragePro
Sometimes I think Jim is OCD... but in a friendly, comfortable way...
JIM - DUDE - BEAT IT! HAVE A FEW IN MY NAME - WILL YA????
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 13, 2009 6:21pm
|
 |
THANK YOU MERLIN
|
|
|
|
dont tempt me.
3 days on this mountain and i am considering never coming down.
my apologies for getting a bit testy before i left.
i consider this home in so many respects and if im not in the right frame of mind the wrong person doing the wrong thing can set me off.
doesnt happen often.
hope all is well.
im still not fully in complete decompression mode but im getting there.
i appreciate all of you that look after this place.
jim
Quote:
Originally Posted by mbqb11
I would have to call James and have him ban himself, I have no powers, only the power of persuasion :P
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 13, 2009 6:31pm
|
 |
THANK YOU MERLIN
|
|
|
|
proof that this high level appointment needed the kind of person that could put forth this type of articulation.
damn im proud of my climate czar already.
Quote:
Originally Posted by jarroo
Climate czar, sometimes the thread steers into a discussion about man made global warming, which doesn't exist. The big guy and I get some other point of views.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 13, 2009 6:57pm
|
 |
THANK YOU MERLIN
|
|
|
|
was hoping my quick stop would find something like this.
way to go mark.
jim
Quote:
Originally Posted by markf45
Anybody still in this BUOVB? Took it and got out at 72.44. Not really an A trade IMO but still had some good confluence and divergence, and it's a double bottom.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 13, 2009 10:02pm
|
 |
THANK YOU MERLIN
|
|
|
|
thats great scott.
i would love to see a few of those trades with charts.
if you want you can send them to my email.
j16tg@sbcglobal.net
and with that i think i will go roast a marshmallow.
jim
Quote:
Originally Posted by scott087
I've been using the J16 traditional method for about 7 months live now. I have had 6 out of 7 months profitable, strictly on daily.
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 13, 2009 11:31pm
|
 |
THANK YOU MERLIN
|
|
|
|
send em on.
i wont be home for a week but you should be near the front of the line if you send them now.
jim
Quote:
Originally Posted by scott087
Jim,
I've been looking back and reviewing my trades since I went live, and I'd be happy to send them to you. The reason I'm doing this is to see what I could have done differently and refine the trades. Even after demoing, I still feel like I can benefit from reviewing my trades.
-Scott
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 14, 2009 12:39am
|
 |
THANK YOU MERLIN
|
|
|
|
no bears yet but im patient.
couple of them wont drink with me anymore.
they keep getting in trouble when they get home.
ive also started putting beer in the hummingbird feeder looking for new mountain friends.
they love it and are much less nasty when they have had too much.
Quote:
Originally Posted by ghous
hey Jim,
How's it going up top?
Found any bears to share your beer with? 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 14, 2009 12:51am
|
 |
THANK YOU MERLIN
|
|
|
|
actually its rather strange.
first thing to go is there abilty to fly backwards.
im still observing to see what happens next.
i better stop it or im going to need an animal rights czar.
anyone up for that cabinet position?
seriously though if one of my beer drinking hummingbird friends has had too much i do not allow him/her to fly home.
im always a good host.
jim
Quote:
Originally Posted by ghous
Right so we'll have those little things doze off in the middle of their flights.
Watch out Jim, it's raining humming birds! 
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 14, 2009 10:57pm
|
 |
THANK YOU MERLIN
|
|
|
|
welcome tac.
i think the best approach is to balance staying current with the thread and reading from the beginning.
in other words dont get to wrapped up in reading the whole thing as fast as you can.
stay current and give yourself plenty of time to read it.
learn a coiple of basic bars, learn how we look at support/resistance and have fun with it while your learning.
very simple stuff and pretty darn easy to get good at if you approach it in the corect manner.
resist the temptation to go as fast as you can.
follow the outline and basic info in post 1 and feel free to ask any question either here or thru my personal email.
jim
Quote:
Originally Posted by tac
A daunting task (on page 14 at the moment) however I feel I could potentially miss some golden nuggets if I skim or skip. I see some have read the thread multiple times which is an achievement in itself. I have trader for around a year but never really got anywhere, although using PASR I was all over the place, this thread is a godsend.
So I guess most of the regulars have read the entire thread?
Thanks
TAC
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|

Jul 14, 2009 10:59pm
|
 |
THANK YOU MERLIN
|
|
|
|
exactly.
jim
Quote:
Originally Posted by batesmotel
Lol...I'm slightly ahead of you (page 55 of 2,493)  ....I think you have to read a little everyday, and also follow the new posts as well....
GregB
|
__________________
Just trying to figure out where i came from, why im here and where im going.
FF Official Partner
|
 |
|
33 Traders Viewing This Thread (16 are members)
|
marikg, kean, nonick, Elgxl, goldsmith, fatmirm, pipraven, orsman, lacika, shrombe7, kobifx, Invisible, Luds, Michael81, desperate, 2mas
|
Thread Tools |
Search this Thread |
|
|
|