james16 Chart Thread | Page 1677 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Where can I learn more about Price Action like those in James16 charts? 9 replies

Attachments: james16 Chart Thread
Exit Attachments

james16 Chart Thread

  • #33,521
  • Jun 16, 2009 7:39am Jun 16, 2009 7:39am
Quoting raczekfx
Another breakfast, but still no lunch.....
and so on and so forth.......
DId you close the trades around the time you posted those charts?
  • #33,522
  • Jun 16, 2009 7:50am Jun 16, 2009 7:50am
Quoting Goozman
DId you close the trades around the time you posted those charts?
Yes, I usually post after cycle is completed... psychology thingy again...
  • #33,523
  • Jun 16, 2009 7:51am Jun 16, 2009 7:51am
  •  krue
  • | Joined Mar 2008 | Status: finger scares cat, power of illusio | 410 Posts
Yes, this is definitely a big celebrity event, my advance greetings too

Thanks to you, Sir James16, you made a wonderful place shaping up people's mind !

Quoting supremeChaos
people,
just want to inform u of james16 thread birthday tomorrow, June 17.
see Sir james16's recent post here about it.

It's my first time, so Advance greetings from me..

To all who have, in 1 way or another, been "touched" & "seen the james16 light", do show your support tomorrow...

Just FYI
  • #33,524
  • Jun 16, 2009 7:55am Jun 16, 2009 7:55am
Quoting ikki
This was a little scalp with the favourtie rac setup
GBP/JPY, confluence with Round Number 160.
GBP/USD, with confluence Bar HIGhS.

Hello Ikki,

This scalp works so good. How much the stoploss do you planned when you set your sell order at that level?

I want to try that too, but I have no idea which stoplosss level I should put when enter the trade?

Do you use predefined 30 or 50 pips something like that?


Thanks!
  • #33,525
  • Jun 16, 2009 7:56am Jun 16, 2009 7:56am
Quoting supremeChaos
Sanook,
greetings....
May i ask why u are interested in rac's losing trades?
you can learn a lot from one's mistakes. posting losers helps us analyze what to watch out for. plus always posting winners makes newbs think they could do this in 1 month of practice, shows a huge bias.
  • #33,526
  • Jun 16, 2009 7:58am Jun 16, 2009 7:58am
Quoting dengzhi
you can learn a lot from one's mistakes. posting losers helps us analyze what to watch out for. plus always posting winners makes newbs think they could do this in 1 month of practice, shows a huge bias.

People dont post losers much, they just lose and cry about it to themselfs, it looks like you are more pro if you just post winners even if you keep blowing out accounts All I care about are my losses, winners are easy to manage. Also a few "Pros" never post a loss here and I think it's kinda funny.
Keep taking CT trades, I need more money
  • #33,527
  • Jun 16, 2009 7:59am Jun 16, 2009 7:59am
Quoting bundyraider
I like how Ikki vindicated what I said in your defense by posting another successful Rac style trade straight after my post.
lol... some people will never get it, that's the fact of life.
And instead of being persistent and happy that someone is actually giving them meal on a silver platter, they turn their energy into jealousy, anger and other negativity. Failing to realize that negativity is a destructive force, they're stuck in that circle without the end.

btw. by commercial, he must've refered to my presence on zulutrade because even though I recommended j16private forum on many occasions here, I receive no remuneration of any kind. My contribution there is strictly based on volunteering basis.
  • #33,528
  • Jun 16, 2009 8:01am Jun 16, 2009 8:01am
Is anyone living in Utah in this group?

I would like to put a local group together that trade this system. Mastermind.

-Frank
  • #33,529
  • Jun 16, 2009 8:03am Jun 16, 2009 8:03am
Quoting raczekfx
lol... some people will never get it, that's the fact of life.
And instead of being persistent and happy that someone is actually giving them meal on a silver platter, they turn their energy into jealousy, anger and other negativity. Failing to realize that negativity is a destructive force, they're stuck in that circle without the end.

btw. by commercial, he must've refered to my presence on zulutrade because even though I recommended j16private forum on many occasions here, I receive no remuneration of any kind. My contribution there is strictly...

Very good post, it comes back to the "If I cant win no one can" and they get jaded and say it's the MARKETS fault lol, I just laugh at all that crap.
Keep taking CT trades, I need more money
  • #33,530
  • Jun 16, 2009 8:06am Jun 16, 2009 8:06am
Quoting raczekfx
Yes, I usually post after cycle is completed... psychology thingy again...
Thought the same thing... psychology. Nice trades anyway
  • #33,531
  • Jun 16, 2009 8:07am Jun 16, 2009 8:07am
Quoting forex shark
Is anyone living in Utah in this group?

I would like to put a local group together that trade this system. Mastermind.

-Frank
If you read only the posts from old timers on this forum, you probably won't need an offline brainstorming group
  • #33,532
  • Jun 16, 2009 8:10am Jun 16, 2009 8:10am
Quoting raczekfx
lol... some people will never get it, that's the fact of life.
And instead of being persistent and happy that someone is actually giving them meal on a silver platter, they turn their energy into jealousy, anger and other negativity. Failing to realize that negativity is a destructive force, they're stuck in that circle without the end.

btw. by commercial, he must've refered to my presence on zulutrade because even though I recommended j16private forum on many occasions here, I receive no remuneration of any kind. My contribution there is strictly...
Don't let it discourage you please, a lot of us are very thankful for your contributions. Learned so much great stuff from this thread, I feel like its totally on me now whether I live or die. Hopefully I live, but either way, very thankful just for the opportunity to succeed. This thread really is amazing, and I am thankful win or loss to have stumbled upon it.
  • #33,533
  • Jun 16, 2009 8:15am Jun 16, 2009 8:15am
I put a stopLoss(20 - 30 pips) above 61.8 fib level very close Support or Resistence Area.
If there is a confluence it's better. I like to use ema60.
Check all the post of raczekfx. I recommend you.


Quoting PippingMama
Hello Ikki,
This scalp works so good. How much the stoploss do you planned when you set your sell order at that level?

I want to try that too, but I have no idea which stoplosss level I should put when enter the trade?

Do you use predefined 30 or 50 pips something like that?


Thanks!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.gif Size: 24 KB
What does not kill me makes me stronger. Friedrich Nietzsche,
  • #33,534
  • Jun 16, 2009 8:22am Jun 16, 2009 8:22am
Quoting raczekfx
lol... some people will never get it, that's the fact of life.
And instead of being persistent and happy that someone is actually giving them meal on a silver platter, they turn their energy into jealousy, anger and other negativity. Failing to realize that negativity is a destructive force, they're stuck in that circle without the end.

btw. by commercial, he must've refered to my presence on zulutrade because even though I recommended j16private forum on many occasions here, I receive no remuneration of any kind. My contribution there is strictly...
easy now, nothing wrong with healthy skepticism. We all know your da man. Give him a chance to figure it out
  • #33,535
  • Jun 16, 2009 8:24am Jun 16, 2009 8:24am
Quoting Ryanmcd
Very good post, it comes back to the "If I cant win no one can" and they get jaded and say it's the MARKETS fault lol, I just laugh at all that crap.
Good to see you post Ryan.
I have to confess, that I have tested your 5min some time ago and had ..... 95% W/L ratio while trading around S/R...
... but still prefer my 4hr tf, which hovers around 70-80 w/l ...
  • #33,536
  • Jun 16, 2009 8:25am Jun 16, 2009 8:25am
Quoting ikki
I put a stopLoss(20 - 30 pips) above 61.8 fib level very close Support or Resistence Area.
If there is a confluence it's better. I like to use ema60.
Check all the post of raczekfx. I recommend you.
obviously the more confluence the better . . . cool.
"Don't trade to trade . . . trade to win." - James16
  • #33,537
  • Jun 16, 2009 8:33am Jun 16, 2009 8:33am
Quoting raczekfx
Another breakfast, but still no lunch.....
and so on and so forth.......
I missed your entry style on E/U by few pips and I laughed to myself, next...
  • #33,538
  • Jun 16, 2009 8:46am Jun 16, 2009 8:46am
Quoting Ryanmcd
People dont post losers much, they just lose and cry about it to themselfs, it looks like you are more pro if you just post winners even if you keep blowing out accounts All I care about are my losses, winners are easy to manage. Also a few "Pros" never post a loss here and I think it's kinda funny.
agreed, the reason you only see winners posted in most threads all over FF is because no1 likes to brag about losses =P

they like to go "oh i made 100 pips today yahoo!!" the next day they lose 200 pips they are quiet.
  • #33,539
  • Jun 16, 2009 9:02am Jun 16, 2009 9:02am
Quoting fat_tom
Hi folks,

Got a handful of potential setups forming here...

Just kinda thinking out loud here so go with me..

Obviously not the end of the day here (UK) so anything could (and undoubtly will!) happen...

AUDCHF - plus side with the trend is around some long term (weekly) support - need to see where it finishes... not a massive nose tho..

NZDJPY - currently good looking pin with long nose... but in a area with plenty of noise.... no current trend - probabely not a viable trade

AUDCAD - not a bad pin but body is large (might get bigger...
Hey Tom

You will drive yourself crazy trying to look at the bar this long before it closes. As you can see things, can change at the drop of a hat. I know you are trying to analyze just to get used to it, but I highly recommend waiting till not long before the close when the main sessions have basically wrapped up. It makes things a lot easier and part of the nice part of trading the daily, you can check the charts once at the end of the day.

Best
Mike
  • #33,540
  • Jun 16, 2009 9:19am Jun 16, 2009 9:19am
Quoting mbqb11
Hey Tom

You will drive yourself crazy trying to look at the bar this long before it closes. As you can see things, can change at the drop of a hat. I know you are trying to analyze just to get used to it, but I highly recommend waiting till not long before the close when the main sessions have basically wrapped up. It makes things a lot easier and part of the nice part of trading the daily, you can check the charts once at the end of the day.

Best
Mike
Mike,

Your right!! they've all changed significantly...

just wondering then when we all take our bar ends... I'm UK based (although part time trader) and I'm thinkin my bars will end at GMT so currently 11PM for me. So does everyones bars start/end at 00:00 GMT? I guess they probabely do or we'd be getting some very different looking charts getting posted no?

If this is the case then surely I don't have to wait till 11PM to start looking for trades! mind you better than Tokyo who would have to get up in the middle of the night!!

Man I have just realised what a basic question this is and I don't know the answer.... jez... such a newb!!

Fat Tom
92 traders viewing now