this week was a yawn fest for me.... hopefully the NON-nfp weeks will be glorious!

james16 Chart Thread

Very nice "change" we have here..... Makes me sick. makes the USA look bad, as we backstep on everything that built the country to where it is today. EDIT: the sad part is how other countries are cheering this on like it's brilliant.

james16 Chart Thread

what is with all these people on here this weekend...... crazy.

james16 Chart Thread

Really you can use the j16 thread for most of the candlestick analysis, although it is good to read into other further stretching methods. You must read Market Wizards, and The New Market Wizards

james16 Chart Thread

I can say that I use R/R in a way that prevents me from taking a bad trade. If I see a trouble area 20 pips away from a 100 pip S/L, i will not take the trade, because it doesn't have enough room to begin with (at least not for my methodology) I now ...

james16 Chart Thread

I'm still in it, risk was quickly reduced due to the high speed breakout gotta love the I4B's.

james16 Chart Thread

I seriously believe the euro is just going to keep climbing. the big money has to be liquidating their shorts now, and this is going to just cause more rallying. Until I see something worth shorting, I'm going to to just guess we are heading up for ...

james16 Chart Thread

trendline traders!

james16 Chart Thread

exactly! actually, an "I20B" or something of that nature is even better than just an "I4B". The tighter that price gets wound up, the more significant it is.

james16 Chart Thread

that's not a BRN.... BRN for me would be 75, 80, 85, 90

james16 Chart Thread

here it is

james16 Chart Thread

hang on, I made a pic once to explain this, I'm gonna see if I can find it

james16 Chart Thread

lol genius lmao! as far as using more confluences to increase accuracy rate on predicting which direction an I4B will break, I don't see it. The up coming un-announced news and VBRN is what stills the market down into an inside bar, then the news ...

james16 Chart Thread

don't try to pick the way it will go bro. I seriously have about a 10% accuracy rate at predicting which side price will break out! (no joke, my last i4b on USDCHF I predicted wrong too, but still took the trade the other way) I just set my stop ...

james16 Chart Thread

crap I'm already salivating! not even close to the bar being closed yet, but still!

james16 Chart Thread

I'll answer for him: waiting......

james16 Chart Thread

thanks bro. My confidence has increased 10 fold lately due to reading van tharps book, and how he put into perspective the idea of cutting losers short, and letting winners run. His display of why human beings tend to accept big loss and be ...

james16 Chart Thread

I'm keeping my eye on the daily chart for USDCAD now. Crude oil looks like it's making a big BEOB on the daily at a potential double top there, so I would definitely consider going long on USDCAD depending on how the markets close up today in the ...

james16 Chart Thread

wait for the break of the signal bar. Also, keep an eye on the news releases on the front page of forex factory. if you can begin to understand news, and price action combined, it's lethal in my opinion. don't trade news, but definitely watch it so ...

james16 Chart Thread

you catch this one bro? 1% risk, 0.99R. Stop loss trailing under each 4hr bar low until breakeven.

james16 Chart Thread