Thanks Jim!

james16 Chart Thread

Good stuff Josh, I am at work and its raining here , otherwise I would do the same.

james16 Chart Thread

The best thing I've read related win loss % etc is Chapter 6 Understanding Expectancy and Other Keys to Trading Success in Trade your way to Financial Freedom by Van K Tharp. He has an analogy with a snowball fight and trading related to expectancy ...

james16 Chart Thread

KISS? I think not.

james16 Chart Thread

Given that a major trend does not move in one direction and moves in waves and these waves (or retracements) sometimes go 20% or 50% or 61% of the move (fibs retracements). There is money to be made trading counter trend, as you say you won't ...

james16 Chart Thread

Ah yeah, sorry I forgot!

james16 Chart Thread

My 365 is much further up, is yours based on close?

james16 Chart Thread

Nothing for me tonight on Daily, backtesting time!

james16 Chart Thread

BullS**t is what I meant with BS. I can't give you proof but look at the amount of posts this thread has and people posting regularly for years, would that happen if no one was making any money?

james16 Chart Thread

What is it you are trying to say? If you think PA is BS then thats fine. Why have you came to this conclusion?

james16 Chart Thread

I don't have a link it's my opinion. Are you expecting every PA bar to run to 1:1 min, regardless of the location or confluence? No one promised this, if this method doesn't work for you it doenst mean the method doesn't work, theres plenty of ...

james16 Chart Thread

Why I am sticking to Pin bars, outside bars require more experience.

james16 Chart Thread

Right on Josh

james16 Chart Thread

I think you are mixing up a high probability trade with good R:R trades. There are lots of high probability trades on the daily probably a few a week that will have a high probability of giving you profit. There are also one or two (if any) of high ...

james16 Chart Thread

Hi Bertie, I think there have been many setups in the last month, however maybe you are waiting for the setup that will 95% provide a big move? If so yes there might only be 1 or 2 a month on all pairs, but for me there are pin bars every few days ...

james16 Chart Thread

Great post PipGator, I had similar experience, but I discovered J16 first then went on hunt for rich quick system and ended up on a 1 second TF Guppy type thing. The guy who runs it sells a webinars and indicators for 300-1000 dollars. The guy also ...

james16 Chart Thread

Nothing for me tonight, except watching some Jims webinars

james16 Chart Thread

On the Interbank down to the retail brokers, every buy order is filled by someone selling and vice versa. The buyer/seller might be the market maker matching your order or a bank or another trader etc. Doesnt mean If I buy off you and you have made ...

james16 Chart Thread

It doesn't protrude enough for me (If I traded 4hr).

james16 Chart Thread

One way to look at the % is you can make 52 losing trades in a row at 1% and still you will have @60% of your account. This should see you through a year on dailies and weeklies while you learn.

james16 Chart Thread