- Search Metals Mine
- Mr Smith replied Sep 8, 2010
There is other reasons for the diff, pound had alot, of long term divergence, where as echf did not, echf was really just to much of a falling knife to take with such small bar compared to whats going on. It's very basic stuff if you take the time ...
James16 is not credible
- Mr Smith replied Sep 8, 2010
If you cannot see the diff, you haven't studied james material enuf, and ran over it with mike etc enuf, spend 10 mins a day studying pins and going over them with mike and you'll start to see a clearer picture of what we are looking for. But even ...
James16 is not credible
- Mr Smith replied Sep 8, 2010
yes the pound one did close bullish, but look at the overall picture there, it's quite different, there is a much nicer extension, longer wick protuding out the top, the echf trade did not protude deep enuf out the bottom, esp considering the heavy ...
James16 is not credible
- Mr Smith replied Sep 8, 2010
Seriously, anyone new being put off by this thread, go over to the free forum, read, learn, then show your trades before they trigger and get feedback.
James16 is not credible
- Mr Smith replied Sep 8, 2010
THe only way I personally woulda played that weekly pin, would have been a dirty little entry on lower tf, trying to get in with a small risk stop, but I didn't play that on smaller tf at all, but I do play some bars like that on smaller tf, often ...
James16 is not credible
- Mr Smith replied Sep 8, 2010
Because of such heavy moves down, that pin needed to be alot bigger and nicer to consider playing. That is not a pretty pinbar, if it had spiked down a bit more and closed bullish then we can consider it being a good pinbar. That is a B or b minus ...
James16 is not credible
- Mr Smith replied Sep 8, 2010
That is not a pinbar to play, its not pretty. You have huge moves against you, the wick doesn't extend very nice out the bottom, and it closed bearish. This is not the type of bar we are taught to play.
James16 is not credible
- Mr Smith replied Sep 8, 2010
Actually do that, scroll back and show me extended nice looking pins that fail, and post them here, for every 1 you find that fail, you'll find about 9 that win.
James16 is not credible
- Mr Smith replied Sep 8, 2010
If you want, you can have a demo oanda account get triggered by my account or, I've started a myfxbook account triggered by oanda, or I can put live trades somewhere else you want? I dont' trade each pinbar exactly the same each time. So live ...
James16 is not credible
- Mr Smith replied Sep 8, 2010
Examples of pins that give you a good edge. When you see pins like these, they very very rarely fail. Low on kiwi and cad, and the high on pound. Mix this with many other things taught and you get a very good edge in the market.
James16 is not credible
- Mr Smith replied Sep 8, 2010
Have any of you more level headed people on here like trader kgb etc had a conversation with mike or jaroo? Have any of you seen the trading help they give? If you haven't I suggest you go do that before continuing to try and stop what they do, fact ...
James16 is not credible
- Mr Smith replied Sep 8, 2010
What the hell are you talking about, I started trading in 2005, since 2008 I've been successful, and it's going very strong. Why don't advise where someone should learn, I know a good place to start and where I learnt everything, j16 free thread, ...
James16 is not credible
- Mr Smith replied Sep 8, 2010
Fact is like I keep saying, j16 DOES indeed help unprofitable traders out of there slump. And many of them he helps for free. Again I keep asking the people on this thread that want him to stop helping people, where is some good material to learn ...
James16 is not credible
- Mr Smith replied Sep 8, 2010
hey moron have you ever back tested pinbars the way james teaches them?
James16 is not credible
- Mr Smith replied Sep 8, 2010
and where do you recommend people to learn? J16 made that easily possible for me, now where do you guys suggest us newbs learn when we start, j16 offers good help for newbs, for free. Now show me some other people doing that, that actually take ...
James16 is not credible
- Mr Smith replied Sep 8, 2010
No, but risking 2% and making 4% that fast was quite nice, it was a 1hr entry with weekly to back it, i'm looking for a huge rally on this, hoping for 20% or so of this one trade. It doesnt' matter what this one trade does, it matters how much % I ...
James16 is not credible
- Mr Smith replied Sep 8, 2010
not that one trade means anything in this biz, but that ej trade is already 2:1 in profit. Hoping for a miracle and world economy etc settles and this puppy just might run for 10 years, I know, dreaming there.
James16 is not credible
- Mr Smith replied Sep 8, 2010
btw forgot to ask, is anyone in this thread profitable? if so, what do you recommend for new comers? Where is a good place to cut thru all the bs and get a good kick start into trading?
James16 is not credible
- Mr Smith replied Sep 8, 2010
Any newbs reading this thread, come over and read the j16 thread, then fire away with questions. Judge for yourself.
James16 is not credible
- Mr Smith replied Sep 8, 2010
I see, I'm even more boggled now, your admitting james helps traders, but you just want him to say what you want to hear, and if he doesn't say it, then what, you agree with dragon that he should stop helping people? I don't get what you people want.
James16 is not credible