U/J 4 hr pin — Although it didnt have the initially high momentum, my TP has been hit for 40 pips, righ where I expected it to go. (sorry cant post chart now, but you guys can see). "This stuff is dirt simple folks!"

james16 Chart Thread

Thanks for the compliment but defintely dont sell your self short here. I have only been trading James 16 live for 4 months, and I know for a fact you know the material better than me from some of your posts. All it takes is practice you know that! ...

james16 Chart Thread

If I couldnt be by my computer I definitely wouldnt have taken it, the Break even expert is great! and knowing where to set to break even is very gratifying indeed, it is odd even though I didnt profit from it. Also you need to take it easy with the ...

james16 Chart Thread

Jaroo, I also took this, it was hard for me to take to because it was sub A+, but I did the same thing/ managed it carefully & put stups to BE after 20 pips. Got stopped out but wanted to be in in case it ran down. I need to be more careful with ...

james16 Chart Thread

I think its the threads birthday right now in New York. Happy Birthday. This thread has taught me so much in such a little time. Good luck and trading to all in the future! Thanks Jim you started it all and thanks to every one, we make this thread ...

james16 Chart Thread

After 2 beautiful trades this month I am currently sitting in Drawdown on the GU and AU as well. I have reduced my risk significantly (1/2) on the AU but I am leavign my stop at the tops of the weekly pin for the GU. I need to become more patient ...

james16 Chart Thread

Thanks total newbie, I might consider it just wish it didnt go down as far as it did now.

james16 Chart Thread

Re entering? — Hey guys took the GBP/USD trade last night at 1% risk , stop above BEOB. I was going to be away from the computer on my commute to work and dont leave my computer on at home so I couldnt have my BE EA so I set a TP at 130 pips ...

james16 Chart Thread

D, Okay I am not the most experienced trader here by far but here is a quick thing to think about. When looking at pin bars that rise up to significant levels of S/R there is a reason for them going to those areas, then pulling back to form the pin ...

james16 Chart Thread

D, There is no right answer here, but my question to you is how did you lose 2% of your deposit. If you are playing the pin in a traditional james 16 wasy you still should be in this trade having your stop at the tip of the nose of your pin. One ...

james16 Chart Thread

THANKYOU!

james16 Chart Thread

Guys sorry to request this but I am on a new computer, not near my old one can someone post up the breakeven expert that was posted on here before? Thanks.

james16 Chart Thread

Ive notcied that too ;-) Ive been alot more picky in the past month and have been more calm and just relaxed causing me to be more patient. I like this and had my best trade ever on Monday

james16 Chart Thread

Thanks supreme, Yea I defintiely see what you are saying, just because it isnt techinically a price action bar, it is still using a price action method by seeing where these types of bars lay and what types of bars they are, to see if there is a ...

james16 Chart Thread

This does look good and I dont want to be nit picky, but technically this isnt a BUOB right? I agree that this is a great "Mike" setup and as u said if it close above round number but how picky does one get if they see it close above round number ...

james16 Chart Thread

Was also just looking at this. Swing low, area of old resistance that could turn into support, and a round number. I too am a little worrid about bar size but definitely watching the close.

james16 Chart Thread

EUR JPY not A+ but im doing well — Took this trade on the 4 Hr last night. Decent pin off the 134 level at 50 fib from previoous pinbar. Took it at 134.80 which was somewhat dangerous considering 135 was right above, the thing that made me ...

james16 Chart Thread

Thanks for the words of encouragement Mike, always means alot. But I am just seeing things differently as I learn each day. Also I know you hear this alot but: HOW BOUT THEM YANKEES! I was there on Monday and Tuesday, great games. My friend even got ...

james16 Chart Thread

E/U — I agree with this analysis. I did have an order in on IBFX for a little as I thought it over but cancelled. The bar on IBFX had a better close and was appealing beacuase of the 1.38 round number that has been S/R in the past. I had TP1 ...

james16 Chart Thread

007, There is no set answer to your question, the veterans here will even tell you that this all has to do with your own style of trading. Some move to BE after a set number of pips, and soem move to BE at Price's first resistance. It all depends on ...

james16 Chart Thread