If you trade like me, you'll be homeless and broke within a week.
Goldilocks All Time Return:
49.6%
Where can I learn more about Price Action like those in James16 charts? 9 replies
Disliked{quote} thank you mallee. I have some problems with the "traffic" concept.Ignored
Disliked{quote} Hey mallee, don't we usually want to take PA at support/resistance? I'm guessing you are referring to the BUOB getting reversed but seems it didn't have much support going for it...Ignored
Disliked{quote} thank you mallee. I have some problems with the "traffic" concept.Ignored
Disliked{quote} Keep an eye on it Sirovai,I'm looking for pa.to go short NC myself .Ignored
Disliked{quote} Sorry mate I've been busy moving sheep the last few days,50C farking hot.Anyways,Ididn't believe the previous BUEOB,about 3-4 ADR so I entered following the small pb for a retrace trade. CheersIgnored
DislikedHi guys, i closed all the positions on the EURCHF.. Now im in this trade. I went long on the 50% retrace on GBPCHF. {image}Ignored
Disliked{quote} Hey siro, did you close out EURCHF for profit? To me that pinbar along with the GBPCHF pin looked more like neutral bars as the noses were pretty long. Also, don't we want to see the close of the body of the pin above the BRN in order to use it as support? Doesn't look like that did this here... I'm just getting back into price action after a very long break so trying to learn as much as I can. Happy trading.Ignored
Disliked{quote} Wow, that's even hotter than summers where I am at in Phoenix, Arizona. Where are you located?Ignored
Disliked{quote} For GBCHF i dont agree with you mattymo... i'm letting run the trade. That PB seems okIgnored
Im going to do this for 3 months and see if i am profitable and which one is the best way to trade for me.
What do you guys think about? Am i waisting time on things for wich there is just an answer?
Disliked{quote} This trade performed well an reache 1:1 target and 2:1 target. Waiting for the 3:1... Starting from this trade i've made an excel to analyze every trade. I divided it into 3 sheet: the first to estimate the return with a fixed 1:1 R:R the second to estimate the return with a fixed 2:1 R:R the third is to letting run the trade as mucch as possibile. Once reached the 1:1 i will move my stop to BE - once reached the 2:1 i'll move SL to 1:1 - once reached the 3:1 i'll move SL to 2:1 and so on... Im going to do this for 3 months and see if i...Ignored
Disliked{quote} No,you're not wasting your time,itwill give you discipline which is critical in this game and give you multiple hours of screen time.The weakness as I see it,is that market conditions change,the J16 method works best in stable markets.With the volatility atm your spreadsheet is likely to give you a different result compared to a 3 months period in 2016. Cheers AlIgnored
Disliked{quote} Florinellz,mate do you make any money trading those exotics?Ignored