DislikedI have created my journal http://www.forexfactory.com/showthre...06#post4014906
No arguing over there tho, its merely for anyone to see how I trade what I learnt.Ignored
Credible brokers? 31 replies
What makes a track record credible for Trading Firms? 0 replies
any credible broker with credit/card deposit in euro? 4 replies
DislikedI have created my journal http://www.forexfactory.com/showthre...06#post4014906
No arguing over there tho, its merely for anyone to see how I trade what I learnt.Ignored
DislikedSo if you are a technical trader and are skeptic of pin bars, are you also skeptic of Shooting Stars, Hammers, Selling or Buying climax, V-shape bottoms, and Key Reversal days?
How about a pin bar that quickly rejects a trendline or S or R level. Does it help you at all in confirming the rejection?Ignored
DislikedWhy would anyone question J16? Nobody ever met him (as far as I know), he never posts live trades (as far as I know), and he runs a pay website.
Can't imagine why anyone would question him.Ignored
Dislikedloooooooooooooooooooooooooooooool!!!!!!!
James16group is no scam, I was a member for 6 months and it was a great foundation for me (Mike was very helpful), I don't have any bad thing to say about my experience with the group! and NO I'm not a successful trader yet, it takes time, it's no magic, you've got to do the work, there's a price to pay, F**k !!!!!!!! LOL
Even though I don't trade with any of the system I learnt from the group, (I'm trading with a system based on some of the core concepts taught in the group;
Support and Resistance, &...Ignored
DislikedI just read a little bit about the "strategy" which this james16 developed.
For the sake of people who are at the begin in their trading career I have to say just two words: STAY AWAY!
Go to a Hedge Fund/CTA/CPO/trading division at a bank and ask them what they think about this pin bar strategy! hahaha, they will start to laugh for a few hours, I BET !!!!
Dear James, GET LOST !
This garbage CAN'T GIVE ANYONE a EDGE in the long term(in fact I'm very sure that not even in the short term) can't provide a edge!
James, I have nothing with...Ignored
DislikedFact is, if you take 5 min pins at key locations, you often times get 10 or even 20 to 1 wins, this is one strategy I use, and it's very profitable.
Not to speak of substanial tf's like weekly daily.
Engulfing bars work well to. Often times a bullish outside bar at a good area will be better then a pin
But there is def people that don't believe in ta, like the bank trader I know, he laughed at the bars I showed him, he doesn't use charts at all,
just price.
If you want to see the power of pins, chose weekly tf, go back a few years on a...Ignored
Dislikedi havent read each post with regard to this thread..i wont get anything out of it..but i wanna say one thing..james dont need to prove anything..the difference is the website made was a request from people
there lies the difference..please stop this rubbish..we have a good thing!! just accept it!!..and stop attacking the man for nothingIgnored
DislikedIf you want to blindly follow that is up to you. ANYONE...I don't care who you are. I don't care what it is you are paying for or what the circumstances. If you do not at least question things based on some basic facts you are a fool.Ignored
DislikedI'm a huge fan of pin bars. There is no doubt ALL they have to do is post some live trades and remove all doubt. If not then they should not be surprised when their credibility is questioned. Something so simple, requires no personal sacrifice, no disclosure of personal details, impossible to fake.Ignored
DislikedVery true, its classic textbook stuff, and they all do it.
The majority of fake mentors tend use the most blatent psychological tricks that you can spot a mile away, and yet the people who fall for these tricks are completely blind to the obvious patterns.
Conversely, the ability to recognise patterns amongst the noise is typically a trait you find in many successful traders.Ignored
Dislikednot really...actually im speaking from experience..he has taught me along with others how to trade..nobody can take that away..people know what price they want to pay to learn to trade..i consider it a blessing to have joined j16 grp
what i call ignorance is attacking james when it very obvious what he teaches works..if u took the time to read it (free) ud see
nobody is forcing any1 to join..people join on there own free will..how the hell can people attack someone who creates a website out of request and at the...Ignored
DislikedCool, I spent like 20$ on Amazon and bought the 2 books that teach that. You spent...what, $800.Ignored
DislikedIt's puzzling how this thread started as an accusation and it evolved into whether it works to whether someone should pay James16 for something he copied from somewhere.
Perhaps it is too much academics? Just as trading is an art, learning too is an art. My suggestion would be learn however suit you best, some need to go to workshops, some better at books etc. Some prefer free and some prefer paid, everyone's psychological make up is different.
We can only protect people by educating them, not by stopping them. People need to learn, and sometimes...Ignored
DislikedStop saying James is just teaching what has already been laid out, James credits pring etc all the time, he points it out himself, I've read many s/r info, etc etc, but I guess I was to dumb to put it all together in a practical way.
James was able to teach me how to put it all together and make money, rather then just be a theory, He doesn't trade pins the same a pring, altho the concept is from pring.
I needed people I can ask questions and get solid answers, for many different trade situations.
Call me dumb, but this is what I needed, books...Ignored
DislikedSince everyone is voicing their opinion, I think I'll voice mine, too.
There are many methods used for trading, some people use standard indicators, some use "proprietary" indicators, some use no indicators at all. Some use candles, some line charts, and some P&F charts. If a person is comfortable using whatever method they use, and consider it a good method and are happy with it, why would someone else say they are stupid for doing so-and-so, or get into personal attacks by name calling? It's like the old Bud-Bud Light commercials....funny...Ignored