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- sergiel replied Feb 8, 2015
Hi what has been changed or upgraded from version 2.0? Thanks in advance.
- sergiel replied Nov 4, 2012
Very well put. My understanding is that 95% of "traders" consistently lose money trading spot forex, so not sure why people are getting so excited and paternalistic about binary options. Bottom line is you are going to lose money whether its spot ...
- sergiel replied Nov 3, 2012
Akhtergroup I am not necessarily disagreeing with what you are saying, but what you are describing is not translating on to the 24Option and Bank de Binary platform from what I have seen. When you enter a Hi Low call or put option on GbpJpy for ...
- sergiel replied Nov 3, 2012
As previously stated I have not invested any real money as of yet with a binary option broker ("bookie") but from what I have seen so far when you enter a call or put trade on a Hi, Low Options trade, you are not charged a mark up or spread. The ...
- sergiel replied Nov 3, 2012
Just so I am understanding your argument, are you suggesting that the broker (or "bookie") is manipulating the price feed so that the trader loses? Are they doing this for every trader? Those making $5 trades, as well as those making $1000 trades? ...
- sergiel replied Nov 3, 2012
Just playing devils advocate here. Correct me if Im wrong but here is my understanding of how binary options work. At brokers such as 24option and Bank de Binary most trades typically pay 70% - 80%. For every call trade there is another trader ...
- sergiel replied Jun 10, 2012
I would have to agree with this Post 100%. The day I ditched every single indicator on my chart was the day my trading started improving dramatically. Price is the only indicator you really need IMHO. Support, Resistance, and Price Action signals on ...
- sergiel replied Aug 4, 2011
Have a great vacation! — Have a great vacation Jim, and thank you again for sharing all your insight and experience with us all on this thread and on the J16 website!
- sergiel replied Jul 25, 2011
Thanks for the feedback Danku. So it sounds like you took the short around 1.3650? If so when did you execute the trade, and where did you place your stop? I entered this trade at 1.3650 at the open of yesterdays market on a demo account and placed ...
- sergiel replied Jul 23, 2011
Thank you very much for the feedback both of you, I really appreciate it. And thank you to james16 your free guest material and this thread, it is pure gold. I have been dabbling in forex for almost 6 years now, and for the first time I feel like I ...
- sergiel replied Jul 23, 2011
Very good point. To be perfectly honest I was so focused on the pin bar, resistance level and fib retrace I failed to notice the BUOB. I am hazarding a guess that the BUOB would cause both of you to pass on this trade.
- sergiel replied Jul 23, 2011
EurCad Daily — Nice bearish pin bar on the EurCad daily (July 22nd bar) at the resistance area near 1.3650. This pin bar has also formed near the 23.6 Fib retrace level. I am considering taking the short tomorrow with my stop just above the ...
- sergiel replied Jul 16, 2011
Thanks for the feedback. Some points to consider for sure. When you are referring to the 3 false breakouts in the last 3 days I assume you are referencing the H4 chart. I personally focus on the daily and weekly for now in terms of my decision ...
- sergiel replied Jul 16, 2011
GBPUSD — Hello all just analyzing the cable and thinking it may be a good entry for a long trade. On the weekly chart there is a nice BUEOB, and on the daily on the close of the July 15th bar there appears to be a bullish pin bar off of the ...
- sergiel replied Jul 4, 2011
GbpChf Daily — Anyone else take a short on the GbpChf Daily. Appears to be a nice little bearish pin bar at close of the June 4, 2011 bar at the resistance level of 1.3600, which also appears to be confluent with the downtrend. The pin bar is ...
- sergiel replied Jul 1, 2011
Thanks for the feedback Jacob, that makes sense. Have a great weekend!
- sergiel replied Jul 1, 2011
EurUsd Daily — Nice bullish pin bar forming on the EurUsd daily as well. However, price seems to be very close to another old support/resistance level at 1.4550 and I would probably wait to see if it breaks through that level first. Any ...
- sergiel replied Jul 1, 2011
EurGbp Daily — Hey all, this is my first post on this thread but have been reviewing the James 16 guest material for a few months now. I must say his horizontal support / resistance price action methodology really makes alot of sense to me and ...
- sergiel replied May 13, 2009
Thanks again Action
- sergiel replied May 12, 2009
Hi ActionPl, sorry to be bombarding you with so many questions. The EA is not quite working the way I understood. When I have a trendline described as "Downtrend_Close_Alert_" what is happening is that when the line is breached any existing short ...