This is a great week for breakout trades.... see EURUSD 1hr breakout zone forming right now, also NZDUSD had a flawless break/retracement last night if you were awake for it... EDIT: also gold had a flawless break/retrace just a couple hours ago....

james16 Chart Thread

keep going....

james16 Chart Thread

Click this link: url Then download the James16 video titled, "PIVOT ZONES 3-26-09" there u go.

james16 Chart Thread

well, this thing broke south, and I placed another sell limit on the minor retracement. It moved roughly 20 pips in my favor, so I switched the S/L to even. Next plan: If I get stopped out at break even, the breakeven stop out is right on the PPZ - ...

james16 Chart Thread

Your open sell order, AND current S/L are in the exact same spots as mine right now..... I conclude that we are on the same page

james16 Chart Thread

I'm already in a short position here.... please break south!

james16 Chart Thread

Lol.... I never compared trading to working out in that way.... but you're right. get that 1x muscle/week routine going and you are doing exponentially better than the guy who trains the same muscle group 3-4x/week....

james16 Chart Thread

uh oh... this past week was my best week of trading so far... time to give it all back starting tonight On a lighter note, I have been running the forextester this weekend, and had an amazing time on the weekly charts. I can say with certainty ...

james16 Chart Thread

Jim is playing with a substantial roll. I think In one of his videos/posts he said a full bar loss for him is $30k, and that playing price action is playing MOMENTUM, so if a trade stalls, the momentum isn't there, and he kills the trade asap.

james16 Chart Thread

The thing I like about the touch trades is that you can place the trade on a weekly ppz line, and it starts working almost immediately (more times than not), and you are able to move your S/L to break even within 30-40 pips, and you should still be ...

james16 Chart Thread

I've been messing around with my forextester program. I love it when I find a trend, and I can hit so many winning touch trades (or break even at the worst), then when the trend reverses (on 4hr, or more often, 1hr charts) I get my ass handed to me ...

james16 Chart Thread

I'm still a noob... but why are you guys trying to go long on the euro right now? that thing is free falling so fast. going long on EU is like jumping in front of a freight train to stop it at this point in time....

james16 Chart Thread

Thanks man. what do you mean software? For my picture editing? I just use microsoft paint.

james16 Chart Thread

Evidence that J16 PA is the best method in the world. — On Dec 14, 2009, I said shortly after that post, I posted this (same day) result: (what used to be the the red daily trendline is now turquoise, and I took out the yellow divergence ...

james16 Chart Thread

winning touch. S/L moved to even. manually monitoring for exit strategy.

james16 Chart Thread

no. bullish on USD didn't imagine I'd be saying that....

james16 Chart Thread

chart.

james16 Chart Thread

This maybe has been posted before, but I'm going to put it here now..... enjoy! video

james16 Chart Thread

$10k demo accounts. You guys are the best. Good night.

james16 Chart Thread

that USDCAD bunch up is popping north......

james16 Chart Thread