Hi, in order to be double top, those two peaks should be separated by a valley (decent decline of price) and decent amount of time should pass between forming first and second peak. Mav

james16 Chart Thread

Hi, yes, you hit the nail right on the head, in the end it´s all about what´s working for you. Anyway, I just remembered that Mike talked about your previous question in his webinar that he posted here, so check link. url Mav

james16 Chart Thread

Hi si, I don´t have this kind of target. I think when you set yourself target of certain number of percent per month then you´ll get yourself under pressure because in order to reach you target you will have to take less quality (and more risky) ...

james16 Chart Thread

Hi, personally I don´t calculate RRR before entering a trade. I check if entry criteria are met (if trade is good and according rules) and I make sure that I don´t risk more than 2% of my account. If everything goes well then I reduce my risk when ...

james16 Chart Thread

Get well, Mike

james16 Chart Thread

I´m really glad it´s working now. No, this indicator works only with minutes and seconds. Mav

james16 Chart Thread

Hi, sorry to hear that. I tried that indicator myself before posting it and it worked just fine. I assume that you closed your platform before copying indicator into the folder, also the indicator won´t start by itself (you must start it in menu it ...

james16 Chart Thread

Hi magbabakal, you need indicator for that. Try this one. url Mav

james16 Chart Thread

Hi, here it is. Mav

james16 Chart Thread

Hi Fx-chriz, here are my thoughts about this one (but please keep in my mind that it´s just my opinion). The pin bar seems a little small to me, also right now this pair is consolidating and you´re trading into a lot of mess (check my chart) so FTA ...

james16 Chart Thread

So that´s the place where all the magic happens Anyway it´s really nice setup, Mike. Yeah, they´re definitely 22" (16:10). I upgraded my system a few months ago and must say that IT is really moving forward (today SSD´s are great, my PC is so much ...

james16 Chart Thread

Hi, ppz=price pivot zone, here is link that should get you started in your research url Mav

james16 Chart Thread

Hi PhAnTi´, I´ve got 27 inch (16:9) LG screen, so it´s not so wide as this one but still big. It´s ok for trading, charts are big so I can see things more clearly (well at least sometimes), but if you have more open trades at the same time (or you ...

james16 Chart Thread

Hi jibjib210 and welcome, I´d suggest to pay close attention to first post, you´ll find here some minimum requirements we should respect. You´ll find here some useful summaries too. You should definitely go though all James16 posts and charts, watch ...

james16 Chart Thread

Hi PhAnTi, PF=Private forum ( url ) Mav

james16 Chart Thread

Hi markf45, I think that on most pair the spread is relative to how much the pair moves (for example EUR/SEK has 50 pips spread on my demo account right now but it moves averagely 800 pips/per day), as you said trading smaller TF´s would be problem ...

james16 Chart Thread

Hi meshka, I´m watching this one too, we´ve got 150 and 365 EMA below this bar too Mav

james16 Chart Thread

Hi, FTA= First Trouble Area. Mav

james16 Chart Thread

Hi makwana, in my opinion we´re right now in sideways market and this buob is in traffic. Personally I would not take this trade because FTA is really close and seems pretty strong to me (check my chart), I tried to show with arrows how many ...

james16 Chart Thread

Hi yaki, in my opinion the price did what it was supposed to do. I think that this pin bar was located just above trouble area where price had some trouble before (check my chart with arrows), this time price just didn´t have enough power to break ...

james16 Chart Thread