DislikedI usually give these numbers as a basis.
Weekly 20-40
Daily 10-30
4hr 10-20
1hr 8-15
...Best
MikeIgnored
Now let's get that g/j running a bit higher...
Josh
james16 Chart Thread
- #45,525
- Oct 8, 2009 7:23pm Oct 8, 2009 7:23pm
I usually give these numbers as a basis.
Weekly 20-40
Daily 10-30
4hr 10-20
1hr 8-15
Just goes to show - putting effort in is a waste of time
(fwiw, i never go below 5 pips, even on the 15m)
When you have to shoot, shoot. Dont talk.
- #45,529
- Oct 8, 2009 10:26pm Oct 8, 2009 10:26pm
- | Commercial User | Joined Oct 2005 | 2,899 Posts
You don't read/hear about it. When you do, it's already too late...
You pay for the information and then use it to your advantage...
Here's your DNTs double whacks off of 48, each worth almost 100ps
I'll stop right here.... You can have your 1.53 now..
.
You pay for the information and then use it to your advantage...
Here's your DNTs double whacks off of 48, each worth almost 100ps
I'll stop right here.... You can have your 1.53 now..
.
i'll put my analyst's hat on.
i'd love to take u up on this, Sir. (i had this in my mind for months now)
it would just be a friendly fan vs. idol challenge anyway, nothing big. & i love learning.
after several months (i'd look for that particular post i've made), i still believe
fiber is bullish.
that DNT u are referring to (i havent seen/read abt it yet) may get broken of course.
i believe we have not reached this year's top. if we breach 1.49, then it's possible 1.50 - 1.53. am bullish while 1.4450-14550 supports. (i'll review my...
- #45,530
- Oct 8, 2009 11:05pm Oct 8, 2009 11:05pm
Hi Guys,
Am reading through some posts by the seniors now.
Reading Ryanmcd's. This one was just too damn good too keep to myself.
Bold's & underlines mine. Full post here.
http://www.forexfactory.com/showpost...ostcount=31292
I can relate to this a tonne. For awhile I was wondering how come there were so many ways of trading J16 stuff then I realised that, hey, if everyone can trade it so differently and make it work for them, then, THE PROBLEM MUST BE ME.
Recently I've just been working on my psychology and asking myself, "how do I make this stuff work in a way that I like and can relate to?"
I realised trading largely is about using all these awesome tools here to tailor a system that is custom fitted to us individually. If you know how to 'tailor' then your system grows as you grow as a trader. And along this path, I believe is consistent profitability.
Guys who have are already walking the consistently profitable road, kindly correct me if I'm not thinking right pse.
-----
Quote:
Originally Posted by markmm http://cdn.forexfactory.com/images/buttons/viewpost.gif
Thats amazing returns over 120% a year, you will be richer than Bill Gates if you can keep that up, how long have you had those returns if you dont mind me asking?
If you can trade with the small brokers cheating you and having 10pip spreads at news time then if you can grow that account you can get away from all that crap. You can even trade with no spreads and just pay comms if you like.
It really does not matter how much I make to be honest why don't you work on learning how to trade and learn what your faults are. Or you can be like the 4 friends I helped and they all LOST money with me TELLING them when to buy and sell, yes it did happen. I would make money they would lose.
You need to worry less of what others do and wasting time challenging what they do, if someone comes on here says they make 10 million a day who cares, how is that helping you is what you need to be thinking. You need to work on YOURSELF, I know I used to always think everyone is better or has something special or better then what I am doing but that is not the case.
The only reason I post is to help people and maybe it will shave some time off of them getting this stuff down. Some people have good ideas that I add to what I do but I trade the same way the past 9 years because it works
Look over my old posts, I posted charts with my trades on them in the past just to show I was no bs'ing. It was a screen shot when I was trading with Oanda.
Am reading through some posts by the seniors now.
Reading Ryanmcd's. This one was just too damn good too keep to myself.
Bold's & underlines mine. Full post here.
http://www.forexfactory.com/showpost...ostcount=31292
I can relate to this a tonne. For awhile I was wondering how come there were so many ways of trading J16 stuff then I realised that, hey, if everyone can trade it so differently and make it work for them, then, THE PROBLEM MUST BE ME.
Recently I've just been working on my psychology and asking myself, "how do I make this stuff work in a way that I like and can relate to?"
I realised trading largely is about using all these awesome tools here to tailor a system that is custom fitted to us individually. If you know how to 'tailor' then your system grows as you grow as a trader. And along this path, I believe is consistent profitability.
Guys who have are already walking the consistently profitable road, kindly correct me if I'm not thinking right pse.
-----
Quote:
Originally Posted by markmm http://cdn.forexfactory.com/images/buttons/viewpost.gif
Thats amazing returns over 120% a year, you will be richer than Bill Gates if you can keep that up, how long have you had those returns if you dont mind me asking?
If you can trade with the small brokers cheating you and having 10pip spreads at news time then if you can grow that account you can get away from all that crap. You can even trade with no spreads and just pay comms if you like.
It really does not matter how much I make to be honest why don't you work on learning how to trade and learn what your faults are. Or you can be like the 4 friends I helped and they all LOST money with me TELLING them when to buy and sell, yes it did happen. I would make money they would lose.
You need to worry less of what others do and wasting time challenging what they do, if someone comes on here says they make 10 million a day who cares, how is that helping you is what you need to be thinking. You need to work on YOURSELF, I know I used to always think everyone is better or has something special or better then what I am doing but that is not the case.
The only reason I post is to help people and maybe it will shave some time off of them getting this stuff down. Some people have good ideas that I add to what I do but I trade the same way the past 9 years because it works
Look over my old posts, I posted charts with my trades on them in the past just to show I was no bs'ing. It was a screen shot when I was trading with Oanda.
One Mind, Any Market
- #45,536
- Oct 8, 2009 11:42pm Oct 8, 2009 11:42pm
jim if u dont mind me asking, What were the basis of these trades. I know you have a tonne of experience but, i cant see any pins or anything. I guess my question is, were all these trades based purely around the fact that price touched key support or resistance levels? and for the A/J it broke a key level?
sorry I hope I havnt lost the plot, im at work
sorry I hope I havnt lost the plot, im at work
- #45,537
- Oct 9, 2009 12:09am Oct 9, 2009 12:09am
- | Commercial User | Joined Aug 2006 | 12,004 Posts
jim if u dont mind me asking, What were the basis of these trades. I know you have a tonne of experience but, i cant see any pins or anything. I guess my question is, were all these trades based purely around the fact that price touched key support or resistance levels? and for the A/J it broke a key level?
sorry I hope I havnt lost the plot, im at work
Notice all the bar highs. When you get multiple within a short span. Orderflow builds above that, that even if it is a false breakout, it will still push hard enough (stops + buys) for a "burst" breakout. We can still look to this former area for PA as well on a pullback
Not coincidentally this lines up with the 80 mark round number. Buy stop can go above this(safe would be 15-20 pips above the highest high
Mike
