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

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james16 Chart Thread

  • #36,101
  • Jul 3, 2009 1:25pm Jul 3, 2009 1:25pm
Quoting Adam James
I can't believe you suspended that bob dude. Where's the right to free speech, he was attacked in a sneaky veiled way, it seems that anyone who really questions the method here either get banned or suspended, makes you wonder if there is a democracy here. I hope he comes back, but I doubt it as he knew something was going to happen, the dude was sharing for nothing, bloody good methods, was going to do real time for free, I hope you're proud the coward who suspended him. Who are you anyway, the thread police?...

Look Adam,

Like James said.. There's no problem with anybody questioning the methods taught in this forum, as long as it's done in a constructive, polite manner. Bob had his chance to ease up on the attitude, but he continued to bash his (probably fake) method like a bloody extremist. I've never seen anybody push Mike over the edge in 4 years, but this guy was taking the piss. To be fair Bob was being a prick and thats the end of that.
Time for a new chapter
  • #36,102
  • Jul 3, 2009 1:28pm Jul 3, 2009 1:28pm
Quoting Matiasfx
Fantastic Post Mike

But if u can't handle driving a regular car, what makes you think u can drive a Formula 1.

Mat
Great post from Mike. Spittin some truth at ya.

And I love this line by Mat. Great analogy imo.

And to be honest, I would also like to see Bob come back. I'm all for different views on things. As long as we keep things civil.

Take care guys.
Happy 4th to all Yankees. (no offense Jim )

Tom
  • #36,103
  • Jul 3, 2009 1:35pm Jul 3, 2009 1:35pm
Ahhh...

Time to start the weekend again. Kid is at a friends house for the day and night. Me and the expensive wife (I think I'll tell her that today) are gonna pretend we are a couple of hedonistic DINKS again.

Life is good.
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I'm pretty much done with all this ...
  • #36,104
  • Jul 3, 2009 1:41pm Jul 3, 2009 1:41pm
Quoting markf45
Look Adam,

Like James said.. There's no problem with anybody questioning the methods taught in this forum, as long as it's done in a constructive, polite manner. Bob had his chance to ease up on the attitude, but he continued to bash his (probably fake) method like a bloody extremist. I've never seen anybody push Mike over the edge in 4 years, but this guy was taking the piss. To be fair Bob was being a prick and thats the end of that.
Well that reply pretty much proves my point. Yes I'm annoyed, frustrated that you treat new people in this manner, and yes, I will get over it and move on, unlike this totally juvenille drivel on this thread.
  • #36,105
  • Jul 3, 2009 1:49pm Jul 3, 2009 1:49pm
Quoting Adam James
Well that reply pretty much proves my point. Yes I'm annoyed, frustrated that you treat new people in this manner, and yes, I will get over it and move on, unlike this totally juvenille drivel on this thread.

Lol you seem pretty hurt my friend. Don't let it get you down it's not worth it and we're all entitled to our own opinions. I just wish that Bob used his brain and opened his own thread. He clearly has some followers, and also people who would gladly read what he writes (including myself). Instead he seemed intent on using all his energy to bash anybody who didn't agree with his method of teaching.
Look at it this way... If Bob had his own thread, and somebody barged in disrespecting the methods he was teaching, what do you think his reaction would be? I can assure you he wouldn't be as tolerant as mr J16 has been.
Time for a new chapter
  • #36,106
  • Jul 3, 2009 1:55pm Jul 3, 2009 1:55pm
Just so you know I too did not ban him. Although James said he gets a second shot for this that remember this was number 2. I too welcome new input it was the manner it occured. That is not how people should treat others. One thing is for sure great character doesnt go hand in hand with a "great" trader
  • #36,107
  • Jul 3, 2009 1:59pm Jul 3, 2009 1:59pm
LINK
I'm pretty much done with all this ...
  • #36,108
  • Jul 3, 2009 2:05pm Jul 3, 2009 2:05pm
Quoting TiaForex
Oh well I lost $60.
No biggie.
That's very different to "Hell. I lost $30,000". And with respect, anyone who says "hey it's just a percentage and you won't be thinking any differently no matter what the account".... I just don't believe they've experienced it.
Sure you get to the stage where you forget it's money, but that is a psychological mountain to climb.
Tia

With all due respect, but I just can't agree with you.

The $ 60 loss can be the 1 or 2% MM risk the trader put in his trade.

the $ 30.000 loss can be the 1 or 2% S/L risk the big account put in his trade!

Is it, you like us to believe that MM is only for small account traders, but not apply for big account trader this does not make sense.

Can you explain this,
also i ask James to explain his take on this,
I always was wondering about his point of James
explanation big account small account, there should not be no difference at all when using MM!

Size does not count at all when one implements MM per cent is always the same!

Big account make big money and so are the losses in quantity!

like to hear your response!
  • #36,109
  • Jul 3, 2009 2:08pm Jul 3, 2009 2:08pm
Quoting StoragePro
LINK
OMG.. Thats the funniest post I've seen in ages!
Time for a new chapter
  • #36,110
  • Jul 3, 2009 2:11pm Jul 3, 2009 2:11pm
While I don't think bob did everything 100% right I think Adam hit some point here. I personally like to get my believes and ideas challenged, and that's what bob did. If they can't keep standing on some new input/critics then it was probably BS.

Like yes bob was right with the timeframes etc. if you want a fast growing account, go trade 1h or smaller. I personally love to have a lot of free time for other things and like the fact that my trading is done in 20-30 mins a day...that's just me. But was he all wrong...I think not.

Banning him...hmm I can somehow understand it but I thought people here are mature enough to handle his critics in another way. I think we might have had some interesting discussions...and maybe get some new good input.

Anyway let's move on!
  • #36,111
  • Jul 3, 2009 2:22pm Jul 3, 2009 2:22pm
Quoting Marco
While I don't think bob did everything 100% right I think Adam hit some point here. I personally like to get my believes and ideas challenged, and that's what bob did. If they can't keep standing on some new input/critics then it was probably BS.

Like yes bob was right with the timeframes etc. if you want a fast growing account, go trade 1h or smaller. I personally love to have a lot of free time for other things and like the fact that my trading is done in 20-30 mins a day...that's just me. But was he all wrong...I think not.

Banning him...hmm...
again not one person said anything about challenging ideas. He was asked nicely multiple times to open his own thread which he said nah to b/c why? Think about it yall. He could have opened his own and everyone goes about their business. Or stay and insult long time members
  • #36,112
  • Jul 3, 2009 2:37pm Jul 3, 2009 2:37pm
Quoting mbqb11
again not one person said anything about challenging ideas. He was asked nicely multiple times to open his own thread which he said nah to b/c why? Think about it yall. He could have opened his own and everyone goes about their business. Or stay and insult long time members

I can't seem to realise why banning the guy has kicked up such a fuss! The fact that he chose to stay and insult people rather than open his own thread is what made me question his sincerity in the first place! Surely not everybody believed he was actually the millionairre trader he claimed to be?
Hell if it's that easy to convince people maybe I should start up my own forex tutoring company. I can start recruiting followers by launcing attacks on other sucessful threads and their members! Yes I think that's what I'll do! I'm gonna start with Jacko... Where is that fraud?? LOL
Time for a new chapter
  • #36,113
  • Jul 3, 2009 2:39pm Jul 3, 2009 2:39pm
Quoting Adam James
I can't believe you suspended that bob dude. Where's the right to free speech, he was attacked in a sneaky veiled way, it seems that anyone who really questions the method here either get banned or suspended, makes you wonder if there is a democracy here. I hope he comes back, but I doubt it as he knew something was going to happen, the dude was sharing for nothing, bloody good methods, was going to do real time for free, I hope you're proud the coward who suspended him. Who are you anyway, the thread police?...
First of all let me start by saying that much like you I appreciate bob's input with regard to trading(it really touched a sticking point of mine in the lower time frame) and I really hope he comes back here or creates his own thread because I will follow it. But I also have to agree that he was getting out of line by attacking James and his motives.

About Democracy.... I think democracy here is implemented here in the Forex Factory in that anyone can start their own thread and talk about their own methods no matter how good, bad or crazy they might seem. But a member's individual thread is like his house. You can't go in there and insult them. Freedom of speech is only allowed in public venues not inside someone's property.

Also, discussing "what method is better for getting rich" only takes the focus out of trading and clutters the thread. It makes it harder for new guys to find the insightful posts that will help them improve in their trading.
I already feel like my post is contributing to all the clutter I just mentioned so I will just stop now.
Happy Trading everyone!!
  • #36,114
  • Jul 3, 2009 2:41pm Jul 3, 2009 2:41pm
This has become weird.
I have taken, and continue to do so, great help and assistance from this thread, and others such as Jacko's and Steve's(BRV).
However, part of what I would call the integrity of Forex Factory, is that people trying to market themselves and sell product/system/methodology are quickly moved along. This maintains a basic 'firewall' between newcomers to trading and the thousands of snake-oil salesmen out there.
Criticisms of trading systems and methodologies are, in my humble opinion, to be welcomed-not silenced. The strong systems and methods survive criticism by disproving it and grow stronger. Weaker ones are exposed and wither on the virtual vine.
Even the likes of Philip Nel have been 'moved along' due to perceived marketing infractions. However for this essential rule to be worth the paper it is written on, it has to be applied across the board-100%-regardless of sponsorship deals etc.
For the first time since I found Forex Factory, I am concerned about both it's independence, and it's voracity. The breathtaking speed with which the defense mechanism sprang into life is disconcerting.
Hope I'm wrong.
  • #36,115
  • Jul 3, 2009 2:47pm Jul 3, 2009 2:47pm
Quoting mbqb11
again not one person said anything about challenging ideas. He was asked nicely multiple times to open his own thread which he said nah to b/c why? Think about it yall. He could have opened his own and everyone goes about their business. Or stay and insult long time members
Hey mike, think I got the point.
  • #36,116
  • Jul 3, 2009 3:12pm Jul 3, 2009 3:12pm
Quoting mbqb11
again not one person said anything about challenging ideas. He was asked nicely multiple times to open his own thread which he said nah to b/c why? Think about it yall. He could have opened his own and everyone goes about their business. Or stay and insult long time members

James, Mike how do you know BOB was banned?
  • #36,117
  • Jul 3, 2009 3:16pm Jul 3, 2009 3:16pm
I think he got banned for mentioning that Mike is earning money from J16 private forum, maybe he has some paranoid notion that Mike and Jim are nice guys here in the free thread purely to bring subs to J16 private thread? I don't agree but I think that was his point. I have joined j16 pf twice and the content there is well worthat least a months subscription.
Economists have forecast 9 out of the last 5 recessions
  • #36,118
  • Edited 3:40pm Jul 3, 2009 3:17pm | Edited 3:40pm
Quoting james16
...thats how we roll here.

jim
....and rightfully so.

A great weekend to all...

Pic is from Homer Alaska, at the end of "the Spit". The upside down tree root you see are drift logs rolled in on the tide and stuck upside down into the beach for use as eagle perches.
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FUBAR...
  • #36,119
  • Jul 3, 2009 3:19pm Jul 3, 2009 3:19pm
Quoting mea
James, Mike how do you know BOB was banned?
It said it under his username. Something like "temporarily suspended"
But now it doesnt say anything, so I don't know what's up.
  • #36,120
  • Jul 3, 2009 3:24pm Jul 3, 2009 3:24pm
I have feeling that 2 bob**** are one and same peopple in forum.

Picture he did post look so familiar with the style of it

http://www.forexfactory.com/showthread.php?t=176451
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