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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

  • #45,661
  • Oct 9, 2009 4:04pm Oct 9, 2009 4:04pm
come on. the water is fine.

jim

Quoting jpa0827
by the way. I would love texas. That state is probably the only one that still has any balls. But welcome to America. Land of the Free Home of the pussies. Ok now i'm done lol
  • #45,662
  • Oct 9, 2009 4:10pm Oct 9, 2009 4:10pm
You know I wouldn't be shocked if i'm living there one day. I just realized, I'm Jim, You're Jim and so is Jaroo. lol maybe that's just how jim's think lol.

Quoting james16
come on. the water is fine.

jim
"Luck favors the prepared mind"
  • #45,663
  • Oct 9, 2009 4:16pm Oct 9, 2009 4:16pm
Quoting james16
yeah houston is full of idiots. so is dallas.

sorry to be so blunt but arent all big cities like that?
I agree, they are all like that. The bigger the worse.

My reason for picking on Houston is some bad experiences I had there. And by comparison, I feel more safe in the other big cities in TX (like Ft Worth, Austin and San Antonio). But Houston is the biggest city in the state so that's the reason for so much crime



Quoting james16
the born in poverty line wont work here also.

if you want to better your life, get a job and raise a family you can. you just leave that crap.

educational level wont hurt you, color wont hurt you etc etc.

..........

i would put a million dollars on a bet i could get a job somewhere here in one day.

And that's the reason why I still live here. The older I get (I'm 26) and the closer I get to start my own family, the more I feel like i'll live here for the rest of my life.


I still can't believe other people put up with paying State Income Taxes. I don't even like the Federal Income Tax. But I was raised here so i'm spoiled like that
  • #45,664
  • Oct 9, 2009 4:23pm Oct 9, 2009 4:23pm
Quoting james16
...i dont know how much longer i will be at forex factory but wherever i go i will continue to help people for free and with no pressure to join anything.

jim
Jim, I've been "lurking" for a while and as I saw you lurking I just wanted to wish you continued success in all you do. I believe someone has ripped off your methods and sold them as their own. That is a measure of the man. I, as everyone here surely does, wants to thank you personnally for sharing your methods with us, for nothing if we so choose. The statement above shows to us all what type of man you are. So thanks Jim for giving us all the opportunity of making a go at this business. I hope you don't go, but wherever you go I'm sure many of us will follow.
  • #45,665
  • Oct 9, 2009 4:25pm Oct 9, 2009 4:25pm
Quoting CkM8

I still can't believe other people put up with paying State Income Taxes. I don't even like the Federal Income Tax. But I was raised here so i'm spoiled like that
Taxes: getting in the way of true progress. (that is my new definition for the word.)
"Luck favors the prepared mind"
  • #45,666
  • Oct 9, 2009 4:32pm Oct 9, 2009 4:32pm
Quoting jpa0827
Taxes: getting in the way of true progress. (that is my new definition for the word.)
I'm not AGAINST taxes. I just don't think it is fair to basically being double taxed on your income by both the state and the IRS
  • #45,667
  • Oct 9, 2009 4:34pm Oct 9, 2009 4:34pm
James, if you get a chance could you post a chart of a YM trade you took THIS week ?
  • #45,668
  • Oct 9, 2009 4:38pm Oct 9, 2009 4:38pm
Quoting CkM8
I'm not AGAINST taxes. I just don't think it is fair to basically being double taxed on your income by both the state and the IRS
I agree 100 percent. Taxes are needed to some extent. It is just over done.

Anyway hope everyone has a great weekend. My dad's turning 50 so we're throwing him a big bday bash tomorrow so it should be fun. hope we can make some more pips next week. later guys and gals.

Jim
"Luck favors the prepared mind"
  • #45,669
  • Oct 9, 2009 5:14pm Oct 9, 2009 5:14pm
Quoting james16
yeah houston is full of idiots. so is dallas.

sorry to be so blunt but arent all big cities like that?

most good hard working people leave mostly for safety reasons.

cant blame them.

the born in poverty line wont work here also.

if you want to better your life, get a job and raise a family you can. you just leave that crap.

educational level wont hurt you, color wont hurt you etc etc.

its there if you want it.

saying you cant get out of the hood here is BS.

if your 'STUCK' in a crime ridden city here its your choice and...


Exactly. As in Chicago, ruled by King Daley, in the lovely blue state of Illinois.........regarding those kids who beat the other kid to death.....I wonder, Do the parents of those thugs even know or care where their kids are. The answer is hell no.......but let's blame the schools and cops instead.
  • #45,670
  • Oct 9, 2009 5:20pm Oct 9, 2009 5:20pm
Quoting james16
well it aint perfect especially in the large cities but thats true anywhere.

for those of you that actually try to support yourself instead of letting the govmt do it for you paying huge state taxes, no jobs, high living expenses this would seem like heaven to you.

i promise,

jim
I think, I'm packing..
I've been to Austin once many years ago to visit family and found people very, very friendly.
Alamo is quite touching.

r
  • #45,671
  • Oct 9, 2009 5:41pm Oct 9, 2009 5:41pm
im 1 year 1 month behind him.

tell him happy birthday from me,

jim

Quoting jpa0827
I agree 100 percent. Taxes are needed to some extent. It is just over done.

Anyway hope everyone has a great weekend. My dad's turning 50 so we're throwing him a big bday bash tomorrow so it should be fun. hope we can make some more pips next week. later guys and gals.

Jim
  • #45,672
  • Oct 9, 2009 5:42pm Oct 9, 2009 5:42pm
your crazy to not come here mark.

jim

Quoting raczekfx
I think, I'm packing..
I've been to Austin once many years ago to visit family and found people very, very friendly.
Alamo is quite touching.

r
  • #45,673
  • Oct 9, 2009 5:44pm Oct 9, 2009 5:44pm
yep and im sitting on my hands to keep from going further with your post.

jim

Quoting Bryan
Exactly. As in Chicago, ruled by King Daley, in the lovely blue state of Illinois.........regarding those kids who beat the other kid to death.....I wonder, Do the parents of those thugs even know or care where their kids are. The answer is hell no.......but let's blame the schools and cops instead.
  • #45,674
  • Oct 9, 2009 5:46pm Oct 9, 2009 5:46pm
Quoting dart
James, if you get a chance could you post a chart of a YM trade you took THIS week ?
sure.

you may have to remind me.

jim
  • #45,675
  • Oct 9, 2009 5:46pm Oct 9, 2009 5:46pm
Quoting jarroo
Classic Rac, simply classic.

Some of the code slipped out in your post Rac. I wonder if people can find it.
I'm wondering if these trades had anything to do with the tendency for traders to not like to hold trades over the weekend...So price makes it to a solid PPZ and folks take profit cuz it's Friday and then gives back.

Or maybe not. After I looked at the chart again it looks strangely familiar to one of Mike's favorite breakout plays. Price broke out and then came back to retest. I bet you had a real tight stop and made a good %
"Whether you think you can or can't, you're right." Henry Ford
  • #45,676
  • Oct 9, 2009 6:29pm Oct 9, 2009 6:29pm
Quoting Bryan
Exactly. As in Chicago, ruled by King Daley, in the lovely blue state of Illinois.........regarding those kids who beat the other kid to death.....I wonder, Do the parents of those thugs even know or care where their kids are. The answer is hell no.......but let's blame the schools and cops instead.
They interviewed the mother of one of the 4 boys/men arrested in the case.

She claims her son was acting in self defense. If anyone has seen the sickening video, you know the fact she even tried to say this is just pathetic.

Anyway, I am in Kansas City. Grew up in a small town in Missouri, so I understand the help your neighbors, be friendly to a stranger, work for what you want and you shall have it. The whole leftist movement has destroyed so many lives world wide and we allowing every idiot to vote have allowed it to come here in the Great USA.

I should get off topic, and I wouldn't respond, but on Wednesday I had a GREAT honor. Sorry to go off on a tangent Jim, but I wanted to share...

I was at work going from one office to another, and I have to cut through a hotel lobby to do that. On the way back there was a sign that read "450 Bomber Group". I was interested and went over and looked at some old black and white photos. I realized this was a WWII Vetrans reunion. WOW! My grandfather was in the Navy in the pacific theatre, so I had to go ask around.

They let me go into the room where they were meeting. There were some very old heros and their kids talking and looking at pictures from the war. They were so friendly to me, explaining how they were stationed in South Italy and flew their bomb mission in a B-24 over North Italy and up to South Germany. These men were 18 years old, and were flying bomb plans over some of the most hostile regions. Today they are 85+ years old, and it was an honor to get a few minutes with them. God bless them.

Amazing, I was so lucky to just bumb into their reunion.
  • #45,677
  • Oct 9, 2009 10:51pm Oct 9, 2009 10:51pm
great post.

i have told this story before but i will tell it again.

my wifes grandfather flew in those 24's stationed out of england.

out of 44 bomber squads 40 of them did not come home.

when you completed 34 missions you were thru.

4 squads out of 44 came thru the 34 alive.

i asked him what the hardest part was and i swear on his grave this is what he said.

"bombing on xmas eve knowing there were kids down there."

he passed 2 years ago.

i totally agree with your post and its very hard for me to keep my mouth shut when it comes to those subjects.





Quoting unlv_tj
They interviewed the mother of one of the 4 boys/men arrested in the case.

She claims her son was acting in self defense. If anyone has seen the sickening video, you know the fact she even tried to say this is just pathetic.

Anyway, I am in Kansas City. Grew up in a small town in Missouri, so I understand the help your neighbors, be friendly to a stranger, work for what you want and you shall have it. The whole leftist movement has destroyed so many lives world wide and we allowing every idiot to vote have allowed it to come here in the Great...
  • #45,678
  • Edited Oct 10, 2009 2:08am Oct 9, 2009 11:18pm | Edited Oct 10, 2009 2:08am
one last thing and i will let this go.

for 5 years i have been MR. NO HYPE and thats not going to change.

do i trade with a large account? yes.

do i take 4 trades in one day on a normal basis? hell no.

is this unusual? hell yes.

its common for me to take less than 5 or 10 forex trades in a month.

posting those trades made me very uncomfortable and to be honest broke a promise to my wife that im going to talk to her about this weekend.

my biggest "problem" is i actually care about all of you, so much so that i lose sleep over some things. thats gone on for five years and its why i am very reserved about things. hype, advertising, wild claims, overt pushing of the group in this thread etc etc etc.

i love this place and i love the people that are behind it and i will never speak badly of them but i will tell you what i think about the forum.

forex factory has/is making some terrible mistakes in my opinion and i wont stay unless it stops.

im just a regular guy here and i dont feel high and mighty in any way, shape or form but if my tenure here means anything to them then im gonna try my best to get there attention.

forex factory DOES NOT have to go down the same road that moneytec did just for the sake of "business"

moneytec died a slow ugly death due to its total disregard of its decent members and allowing dirtbags to take over.

moneytec is now on the rebound because it finally woke up and cleaned house.

will forex factory go down the same road?

i have 5 years invested here and i wont watch it go down without fighting to get someone to wake up and reverse the current course.

jim



Quoting james16
the trendline has been broken and my stop is now above it and a round number.

thats all i can do.

i dont feel comfortable talking big dollar amounts with my trading. this is the first and the last time i will do it.

i am up around 50,000 on these trades.

several of you sent me charts from trading the mini dow this week on tick charts i showed you.

congrats on your fantastic success.

i nailed the dow this week also.

member, lurker, new,old i love you all.

i wouldnt trade the last 5 years for a meeting with jimmy page or any amount...
  • #45,679
  • Oct 9, 2009 11:21pm Oct 9, 2009 11:21pm
Quoting james16
great post.

i have told this story before but i will tell it again.

my wifes grandfather flew in those 24's stationed out of england.

out of 44 bomber squads 40 of them did not come home.

when you completed 34 missions you were thru.

4 squads out of 44 came thru the 34 alive.

i asked him what the hardest part was and i swear on his grave this is what he said.

"bombing on xmas eve knowing there were kids down there."

he passed 2 years ago.

i totally agree with your post and its very hard for me to keep my mouth shut when it comes...
Incredible lives really. I can only imagine coping with that type of emotional complexity.
  • #45,680
  • Oct 9, 2009 11:31pm Oct 9, 2009 11:31pm
i asked him if he was scared and he stared off for a moment and said he really didnt think about dying.

he said i was 20 years old. if i had been in that plane at 40 i would have died of a heart attack from fear.

i thought that was profound.

Quoting HipsterPipster
Incredible lives really. I can only imagine coping with that type of emotional complexity.
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