I would be careful with this one. I placed a trade on this and unfortunately moved my stop too quickly. As such I was stopped out at BE. That having been said my full TP on this was at 1.3090. For me there is too much uncertainty with all of the ...

james16 Chart Thread

Excellent description. Ha ha I hope to one day be as good at putting my thoughts into words as you are. That is a much better description than I could give. Thank you for clarifying my former post (even to me a bit ) Also I did not see ...

james16 Chart Thread

Exactly. Strong areas of generalized S/R are also refered to as a Price Pivot Zone (PPZ). It is more a general area of S/R than a specific number. I would say that the area in the graph above looks more like a PPZ than just S/R.

james16 Chart Thread

Was just borrowing the chart that tas0s had posted. I am not in love with the TL, but I was really looking to highlight the PA that he posted. I am no expert when it comes to finding and placing TL's so I would definitely trust what you ...

james16 Chart Thread

Everyone here remebers what it is like to start and are more than willing to help. Welcome to the clan and get excited about the journey. It is one hell of a trip to take and enjoy. The biggest piece of advice that I can give is there is no question ...

james16 Chart Thread

We trade charted PA. There is nothing on this chart to even begin to speculate about a top with. Honestly I don't even care about tops and bottoms any more. They just cloud my decision making ability by requiring me to carry a personal bias. That is ...

james16 Chart Thread

Roll with it friend. Put my thoughts on the chart that you posted. Let me know if anything I said is unclear. Ryan image

james16 Chart Thread

HEY STEVE!!! Glad to see you here Keep the charts a comin' bud. My thoughts on this one are as follows: Anything can be traded so long as it meets your criteria and you have a plan in place. That having been said, I didn't even look twice at this ...

james16 Chart Thread

Give us a better idea of your trade plan and all of your reasons for entry. Once you toss those up I will post my thoughts. Just curious about all parameters you used in your entry decision. Ryan

james16 Chart Thread

This was the only chart that struck me as interesting today. I do like the reaction off of the 1.3000 BRN. The pin itself has a nice nose which I really like. The low of the pin is also reacting off of previous lows which is ideal. It would be an ...

james16 Chart Thread

I don't usually take news or announcements into account as I believe that most items are priced into the charts already. That having been said, I will probs be on the sidelines with pairs until there is some clarity in the USD. It will make sense to ...

james16 Chart Thread

I sure hope that you waited for the break of the bar. That bar plopped right down on top of one heck of a huge S/R area... Ryan image

james16 Chart Thread

I must admit that while I really like this as it seems to form an almost perfect 2 day pin (something I rarely pay attention to) I just don't know about all of the crap that sits behind it. That to me INSTANTLY pulls it from being an A+ trade. This ...

james16 Chart Thread

How long have you been trading the J16 method? Work the Swing Highs (Sell) and Swing Lows (Buy). NUFF SAID. Ryan

james16 Chart Thread

+1 I am right there with you

james16 Chart Thread

hey there partner. I hope that you did what YOU believed to be correct based on what you felt at the time. This was actually a pair that we discussed fairly in depth a few pages back. It was an easy pass for me. I will go back and find the post that ...

james16 Chart Thread

Whoops. Been a long day and was not thinking correctly. Fixed it on my previous post to reflect how it should be. Ryan

james16 Chart Thread

A few big things that jump out at me on trades like this: 1) Avanish already mentioned the bar size 2) It is off of some resistance, but it is not really off of any BRN which would (to me) give the resistance MUCH more weight. 3) No BRN resistance ...

james16 Chart Thread

PBT = price breaks through CA = Closes above CB = Closes below HCR = Highest close resistance LCS = Lowest close support These are all things that pertain not only to the J16 method as much as Jarroo's awesome trading method. It is more of a ...

james16 Chart Thread

Hey there trader, There is a lot going on above and at that trade. This would be something that I would be very agressive with my money management. It is not what I would consider to be a very high probability trade so do not be surprised if it does ...

james16 Chart Thread