james16 Chart Thread

Quoting sirovai

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{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...

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Quoting mallee

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{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 Al

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Quoting richadi36

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Hi guys, I am following up my open positions. 3 weeks passed since opening. PATIENCE is a key element in our trading world.

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Quoting mattymo

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{quote} Hey richadi, nice trades. Two questions: Do you enter the trade on the retrace of the PA bar or when it breaks? Also, I see these are all weekly setups...I assume you are taking daily trades at the same time as these are active? (As they take several weeks to play out)

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Quoting richadi36

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{quote} Hi Mallee, I dont agree with your statement "The weakness as I see it,is that market conditions change,the J16 method works best in stable markets". IMO, PA METHOD WORKED A LONG AGO, IS WORKING AND WILL WORK IF WE APPLY IT ALONG THE CURRENT TREND NOT COUNTER TREND!

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Quoting mallee

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{quote} Well well well Rich old mate,quite a rant,blown up another demo a/c have we?To address your hysterics.I did not say pa doesn't work,James himself said that he would stay out of the market if conditions didn't suit.Your second point about trend following wasn't mentioned in my post you fucking halfwit.

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Quoting mallee

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Firstly,to anyone offended by my post I apologise.I have no problems if someone disagrees with me,just part of civil discourse.However,newer people on FF may not be aware that if you reply to someone using capital letters you are in effect shouting/screaming at them.Could perhaps provoke a hostile response

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Quoting richadi36

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{quote} Hi guys. Perhaps newer people on the thread may use or understand the capital letters as shouting/screaming but it's their problem. I mean and use capital letters to point out the rules and laws of the market. As you know we all came to the market to make profitable. Let's respect and exchange our thoughts and experiences without offending each other...

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Quoting turnip15

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{quote} If you say "it is their problem" then you are being disrespectful to others on FF who follow a code of behaviour which states the use of Capital Letters is "shouting/screaming ( being aggressive). In other words, you are being offensive. Your reply above has an element of aggressive disregard for the feeling of others. Follow the code of behaviour thus avoiding being seen as rude, stupid or aggressive.

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Quoting richadi36

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Let's discuss charts guys. What d'you think about the setup? Is it worth taking? {image}

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Quoting sirovai

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{quote} Hi richadi, to me no. The price went above three strong resistance,i think it will resume the long direction. It would be a good trade if it had retraced immediately. {image}

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Quoting richadi36

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{quote} Hi sirovai, But I see you put sell limit order...?

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