james16 Chart Thread

ok.. I lied...

I made coin off this pin.. but only to the first area....

Hello, Jeff!

Would You be so kind to tell Me what is QUICK double bottom on 5M for YOU?
I mean what is the minimum and maximum time (or bar numbers) You accept when You define one?
THX, NL

1H pin formed on EU...

Nose has extends to recent lows, near fb confluence and 150 EMA.

However, not much space above, with various bar lows ahead.

for me this was not a 5m. trade..

I set an order & went to sleep . I woke up & it was done.. simple....

I like my sleep & I dont like getting up to check orders.. so when I lay down I make sure I have a reasonable limit & a tight stop.. Thats it..

I might not make as good %r As other traders but I live my life & I dont loose. I travel all over the world & am happy to say that if it wasnt for what I do, Trading, I wouldn't be where I am.

I have 3 people that I can directly thank for my success...
Those people know who they are..J,M,M....

We all need to find our own way of making money in this game... & yes it is a game... only the serious , & sincere will find a way to there own enlightenment & become what they dreamed..

just my opion

thanks guys for the laughs and interesting reads. I'll be quitting trading

to begin a job that will take most of my time until my last semester of

college starts. One piece of advice I need to pass along is this. Do not

ever contact or be in contact with a little man who goes by the name

"Threes" on Paltalk chat service. He is a purpotrator of "Electronic

Harassment" (Google it). He is a trader with enough money to spend months

on end (over 16 mo. for me now) harassing with very sophisticated

electrnonics, which can ruin a persons life. You can forget about learning

to trade while this is going on. This occurs from the moment I wake up

till I am able to fall asleep. He can afford to do this for months on end

while you struggle to keep your life together. This harassment involves

mind reading technology and psychological abuse, sexual abuse and much more

that you do not want to be familiar with. This is the reason I am quitting

trading. To get my life back to a more stable situation, then I can

consider continuing my practice. It started when I accepted a file from

"Threes", I opened the file and it did nothing noticably. It was then this

person had control of my computer, obtaining my physical address, and

sending whatever this technology is to my vacinity. You can recognize this

type of abuse when you are constantly hearing popping and clicking noises

with your left and right ear, also other strange noises on your computer

monitors. you will hear voices done with "voice to skull" technology

(google it). This list is long of what this secretive technology can do

and I dont expect anyone who has not or is not going through this to

believe me or understand what this is. Believe it or not it is true and it

is horrible. My motive behind this post is for it to be indexed by Google

and if anyone in the future is experiencing these things and tries to

search for his name they will find this post and know they are not alone.

I am hoping and praying that within the next weeks and months he will be

done with me and I will be free to have my thoughts to myself without his

constant negative, pesimistic, and condecening responses to them. I

understand what this post will sound like to most people who read it but it

may help the one person who it happens to next, likely not from this forum.

People always say this is a dangerous business, now I know why. I have a

google number that you are free to contact if you need whatever help I can

provide (area code five one two, four one zero, zero one four four).

Please keep this post alive, I am dead serious this is real and happening

to me.

This is the crazy man in his own words.

lol ...I wouldn't have read the post if I hadn't seen that smiley.

Lol....mate....I couldn't find the black helicopter emoticon so it was the best I could come up with

I've seen some bizarre behaviour on FF (including the guy that asked me yesterday if I wanted to move to Indonesia and be in 'the trading businesses forex' with him), but that post is by far the strangest.

That post has to be a level. No one that is going to college also thinks someone is mind controlling them via 'voice to skull' tunneling on the interbirds.

I did not know this thread was still around and active. I was once a member of the J16 group (Until money became an issue). I would like to note a few things about James.

1. I learned more about trading in the 3-4 months I was a member than i have in the 3 years I have been a member of the forex factory alone.

2. Even after I canceled my account with J16 group, James allowed me 2 more months of access. (I can not say enough about that kind of generosity).

3. I have and will continue to recommend the J16 group to fellow traders.


I will be rejoining the group in the next 6 months I believe. In the mean time, I am going to make this thread my home. If you guys do not mind, the next few posts will be asking some advice on current trades I am in and I will explain why I entered them.

Thanks for everything,

Que

This is my GBPUSD trade. I made this trade based on a massive pinbar on the Daily chart (Pic One). I believe this is a good trade (given I am in the profit pretty nicely). This was a 2% trade with a 100 pip stop. I have locked in 50 pips (1%) right now.

First chart is why I made the trade and what I was looking for. Second chart is it getting closer but making me look at weekly. Third is weekly where I believe we could be going further...

Any thoughts?

Que

Que,
welcome back Sir.

I will be one of those to expect your subsequent posts from here on.

This is the EU trade I made. I made this after I moved my stop on GU. So I am again @ 2% risk with 100 pip stop.

Is this even a good trade? I am having doubts on this one.

Que

Here is a mistake I made with UJ.

Any comments on this trade are welcome. I lost 1% (Luckily as I was already in for 2% with GU, my max is 3% risk at a time).

First is why I made the trade. Second is where we are now.

Que

hey guys here are my toughts about the recent subject.(I wasn't able during the weekend to login to FF,I was thinking that it's my browser but I see that other guys including james have the same problem.)

I think I have read this is some book that the most important concept you can learn in order to be a successful trader,it's to control ourselves.

I think that is easier to said than done, but it's the reality of beeing a seccesful treader we must control what we will do in order to control what the market will do.

and this involve to have a plan with specific set of rules that we must follow constantently

like james says in the last video:
1.if that happens..........
2.and that happens.........
3.and that happens...........
4.and that happens..........
5.and that happens..........

it's better that only have
1.if that happens..........
2.and that happens........ .

we must treat this like a businesses in order to success.

the pshihological part of our trading is what we must know better,and this is what make the difference between the successful people and unsuccessful people.

if we can control this we can get all the freedom we need.

Thats all I have for now. I only make 3-5 trades in a month off the daily charts.

*Note, you will sometimes see an H4 chart after a daily chart for a better entry point after I have qualified a trade on the daily.

Que

here is something helpful for those people who are struggling
to read this entire thread.

I have just finishing to read all jame's post,and I copy/paste them in an word document.

here you will find all james post,hope you will find useful:
http://www.4shared.com/file/13424564...s16_posts.html

This is not a substituent for reading the hole thread which I recommended to all of you who have never read it.

I have been reading from this thread almost +2000 pages which it was helpful for me.

Ps: for sure it will come another post like this.Mike it's second on my list after james

just a quick comment before i log out for now...
Nice trade.

in the weekly chart, the prior 2 (completely formed) bars, to me, looks like a 2-bar PB.

1.50 Long-term target? i'm much more pessimistic. Lower... lol
of course i'll still monitor the charts & see what the market wants to do..

wow, i will add this to my 'Collectibles'.

appreciate your time spent on this & on possible succeeding similar endeavors.

Thoughts Welcome

Que