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  #81116  
Old Nov 29, 2010 2:38pm
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Default how is everyone?

looks like a good crowd today.

any new folks here finding some success since my vacation started?

i see some new "faces".

welcome,

jim
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  #81117  
Old Nov 29, 2010 2:40pm
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damn. now thats a chart i can see without reading glasses even if i am 50.

lolol.

Quote:
Originally Posted by lallous View Post
Hello everyone,

I managed to document a trade I decided to enter today on the Eur/Usd.
I would love to hear from everyone.
Please go easy on me




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  #81874  
Old Dec 8, 2010 6:04am
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Default SOME CHARTS.

Sorry ive been a stranger.
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  #81878  
Old Dec 8, 2010 6:17am
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Default OK I Confess

IVE BEEN SPENDING MORE NIGHTS LATELY DOING SOMETHING I HAVE RESISTED OVER THE YEARS. trading forex on very small time frames.

please new folks dont do this until you have proven yourself first on longer time frames.

i caught both of these at the same time. i have been doing some serious trading of these two pairs at the same time when things "are right". some nights i do nothing but tonight was a great one.
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  #81880  
Old Dec 8, 2010 6:19am
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thats great z. thanks.

jim

Quote:
Originally Posted by xmzhang View Post
Hey big guy, Zhang speaking here, about your Ozzie trade I got in on the 4H-TF.......guess from who I've learned that ....... Thanx !

May the force be with you
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  #81883  
Old Dec 8, 2010 6:35am
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thats a great question pin. in my early years i would get screwed up when i looked at anything other than what i was trading. if you look close enough either way you can almost always find something that contradicts your main trading time frame. it killed me personally but i know a ton of people that couldnt trade without drilling up or down. i guess you really dont know what type you are until you have done it for an extended period of time,

take the 5 minute charts i just posted. when i sat down earlier tonight wild horses could not have drug me to look at a 15, 30 or 1 hour chart.

honestly i know many of you get tired of hearing this but once again (at least for me) it comes down to account size. im up a little over 17,000 for tonight. now dont get me wrong thats a wonderful trading session for me but i guaruntee you if i was trading with a small account the whole thought process would have been different. price moved well tonight in both directions. thats what i need. i want movement. if things are going sideways for a couple of hours and ive lost a coupl of trades for 10 pips or so due to no movement i go to bed. i dont fight it.

i sit for days waiting for these nights. i could have 10 bad days in a row (i wont ) and not lose what i made tonight. its very common for me to set a 30 pip stop initially and get out at an 8 pip loss because it didnt move like i expected.

after 30 years i have a great feel for what should happen.

im not always right but small losses and breakevens are winners in my head from a psych standpoint.



Quote:
Originally Posted by Pinbar View Post
James16..Any chance you could answer this question?

In the videos I watched you trading only the daily and not even looking at the higher TF. I realize, you have been to the gates of hell and back and have done this a very long time, I understand you know where the monthly and weekly flips are looking only at the daily.

But, do you really trade like that or is that just to keep the videos simple for us?

Thanks in advance.
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  #81884  
Old Dec 8, 2010 6:44am
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Default pm,s

i owe a bunch of you some pm replies.

will get to those tomorrow.

jim
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  #81887  
Old Dec 8, 2010 6:53am
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bottom line is this.

if what your doing is not simple, repeatable, refinable and in my humble opinion non indicator based then its a long brutal road.

you can have a method that meets that criteria and still bomb if you dont use common sense and a business like approach.

most people dont have a snow balls chance in hell when trading with an amount of money per pip that "causes" them to act stupid because it means nothing to them.

its when you have the method combined with experience and an account size that only needs a few good trades a month to make you nearly pass out that this business begins to work for some people.

i know its hard for many of you.

been there. it almost killed me and im serious.

its why i started this thread all those years ago.

Quote:
Originally Posted by james16 View Post
thats a great question pin. in my early years i would get screwed up when i looked at anything other than what i was trading. if you look close enough either way you can almost always find something that contradicts your main trading time frame. it killed me personally but i know a ton of people that couldnt trade without drilling up or down. i guess you really dont know what type you are until you have done it for an extended period of time,

take the 5 minute charts i just posted. when i sat down earlier tonight wild horses could not have drug...
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  #81888  
Old Dec 8, 2010 6:55am
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thank you my friend.

Quote:
Originally Posted by Pinbar View Post
many thanks James.

Yes, I can tell through the tone of your voice, you have done this with Guts, blood, sweat and probably more than a few tears.

Yes, that is an interesting point you make...I always get confused watching 25 pairs and flipping TF. That is the time I watch your videos and see how simple it really should be. I really feel i can do it when I watch your vids and it keeps me striving to keep it simple.

Thanks for a great thread and even greater people.
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  #81889  
Old Dec 8, 2010 6:56am
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ahh my old buddy supreme.

an honor to see you.

suns coming up and im off to bed.

i will be back tomorrow night.

jim

Quote:
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Sir Jim,
advanced happy holidays to you & your whole thread
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  #81917  
Old Dec 8, 2010 3:53pm
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lol

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Originally Posted by mbqb11 View Post
What the heck bud get some sleep! I am just waking up and this guys just going to bed. Texan for ya
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  #81918  
Old Dec 8, 2010 3:53pm
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thank you sir.

im honored you feel that way.

Quote:
Originally Posted by Kalbar View Post
Great to see a post from the master himself! What a great thread this is Sir Jim! Glad to have found it!

thanks,

kal
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  #81959  
Old Dec 8, 2010 9:48pm
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Default HAPPY Birthday

Happy birthday mike.

Appreciate you man.

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:d
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  #81974  
Old Dec 9, 2010 3:05am
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thanks old buddy.

if i could just rewire my brain to not feel guilty when i leave for a couple of weeks it would be much easier.

probably never gonna happen.

its just me.


Quote:
Originally Posted by jarroo View Post
You may have been a stranger as of late . .but you're been here in spirit with every post, Big Guy.


btw . .great charts .. . .
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  #82089  
Old Dec 10, 2010 3:20am
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Default RECENT EMAILS

I recieve emails all the time from people that are desperate.

losing all there own money and borrowed money as well.

the heart and soul of this thread is to try to get people to go about this business in a way that prevents that from happening.

if your in that category look at this chart and really ask yourself if your really going about this in a smart manner.
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  #82103  
Old Dec 10, 2010 4:16am
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it will be based on how much historical data is being used.

no two feeds will ever be exactly the same.

no worries,

jim

Quote:
Originally Posted by Adilius07 View Post
Thanks James for the chart.
Interesting, my ema's are a little "shifted" from what is here.
Maybe that is because of those Sunday bars which I don't have on my charts...they are just EMA's applied to close, right?
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  #82122  
Old Dec 10, 2010 5:07am
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Default one for jarroo

as that mighty man jarro once said.

"A quality set up is almost always a high momentum set up? (or something like that) lol
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  #82125  
Old Dec 10, 2010 5:12am
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just by a hair. i liked where it was at.

jim

Quote:
Originally Posted by Adilius07 View Post
oh wow, you bought it before that PB formed? like touch trade or something? I don't do those yet.
Super
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  #82129  
Old Dec 10, 2010 5:20am
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im honored that you would say that hans.

thank you,

jim

Quote:
Originally Posted by HanSolo View Post
This one really made my day. Thank you very much, Jim.
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  #82130  
Old Dec 10, 2010 5:21am
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im holding stop behind trendline on this one. some off the table.

jim

Quote:
Originally Posted by jarroo View Post
lol . .that quote was imspired from somewhere . .big guy.

Will the 1.5823 hold (on your chart) . .?
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  #82141  
Old Dec 10, 2010 5:44am
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love the avatar. ted lives about 45 minutes from me. seen him twice in burleson. hes all over the place here.

a hero of mine.

150 and 365 ema.

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Originally Posted by teemo View Post
May I ask what are the two MA's on the 15 Min chart?
Thanks,
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  #82143  
Old Dec 10, 2010 5:45am
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uptrend. i liked the momentum from the london open.

i gambled a bit on the forming bar but i was pretty sure what was coming.

jim

Quote:
Originally Posted by Pinbar View Post
What made you disregard the double IBs at the SH, Jim?
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  #82147  
Old Dec 10, 2010 5:51am
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also go look at 4 hour.

my little 15 minute entry has potential.

look at 5850.

jim

Quote:
Originally Posted by james16 View Post
uptrend. i liked the momentum from the london open.

i gambled a bit on the forming bar but i was pretty sure what was coming.

jim
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  #82149  
Old Dec 10, 2010 5:52am
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neat aint it?

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Still no close below the 1.5823.
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  #82151  
Old Dec 10, 2010 5:57am
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Lol. My old eyes didnt look close enough. Looks just like ted circa 1976.

Quote:
Originally Posted by teemo View Post
oh yeah! I love ted nudgent -fell in love with cat scratch fever the second i heard it! But the avatar is actually angus young - another addiction of mine.
Cheers & happy holidays james!! Thanks for all your amazing contributions!!
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  #82154  
Old Dec 10, 2010 5:58am
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HERE YA GO.

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Originally Posted by james16 View Post
also go look at 4 hour.

my little 15 minute entry has potential.

look at 5850.

jim
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  #82157  
Old Dec 10, 2010 6:00am
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Im going to bed. If it hits 5900 someone call me on the j16 business line.

8173774900

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here ya go.
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