If UJ hits 93.55 before the close today, I'm buying everyone a round....

james16 Chart Thread

you have a junky GBPUSD 4hr pin on ibfx... it broke pretty hard though..

james16 Chart Thread

My theory is that you don't even need to wait out these big swings/consolidation because you can re-enter at the next sign of good PA+location. I closed up that daily BUOB just a couple trading days after I entered - BUT - I still managed to catch ...

james16 Chart Thread

PA for life. I wish everyone was fortunate enough to have the "forextester" software. I have been backtesting different MA "systems" with some success, on some pairs.... But when the market starts consolidating, and you keep playing these "systems", ...

james16 Chart Thread

J16 isn't a signal service... Yet here he was basically tapping all of us on the shoulder more than a month in advance... I took the trade . Although I got out before the consolidation range started

james16 Chart Thread

don't even look at anything less than a daily chart for a long time. focus your brain on the dailies. You think Jim, who has been studying tech analysis for 25 years, doesn't know what he's talking about? he went through all the BS so you wouldn't ...

james16 Chart Thread

I knew this post was coming! I wonder which freaks around here were still holding that BUOB on the daily.

james16 Chart Thread

That is an OK setup, but I would not take it, even though it looks like an upside down head and shoulder pattern is forming, which should add to your confluencing factors.... I just don't like the idea of going long on the euro right now, You're not ...

james16 Chart Thread

I sometimes wish that number was a bit closer to 99%.... Just gives those willing to learn and take their time more money to make in the long run. We need that 95%.... real bad.

james16 Chart Thread

I think it takes a level of consistency before you overcome the fear of losing. If you know that you will win on 70%+ of your trades, then the 30% failures don't bother you much any more. When you're first starting out, i think the lack of ...

james16 Chart Thread

I made a pic

james16 Chart Thread

What you need to do is just analyze the situation and find the BEST setups. I would not have traded that i4b if it was not straddling a big round number. My main thing I look for on the i4b's is the big round number. Also, if you are trying to trade ...

james16 Chart Thread

I'll be right there with you, daily PA pending... I drew some trendlines to widen perspective on the "zones"

james16 Chart Thread

didn't take this trade, too much traffic. Although the very small I4B was ALMOST irresistible

james16 Chart Thread

another breakout, on EURUSD... all i have for management on this one is a 100 pip trailing stop as seen by the red dotted line. this one is a demo trade.

james16 Chart Thread

weekly I4B straddling the 90.00 big round number on USDJPY taken on the live account for a 2% risk - S/L moved to break-even after 30 pips into profit. - first target hit at 91.81, 1/3 position closed. - next target highlighted to close another 1/3 ...

james16 Chart Thread

I think this...

james16 Chart Thread

yeah I know that ppz it's heading into, wait for a larger break? make a better buffer....

james16 Chart Thread

another good weekly bar to consider...

james16 Chart Thread