Mike when are we going to have a J16 yearly get-to-gether?
james16 Chart Thread
- #55,901
- Feb 23, 2010 1:25pm Feb 23, 2010 1:25pm
- | Commercial User | Joined Aug 2006 | 12,004 Posts
- #55,902
- Feb 23, 2010 1:27pm Feb 23, 2010 1:27pm
I would like to Thank everybody in this great forum for everything they offered , I mean my performance has improved dramatically before and after I Knew that such great strategy DOES EXIST.
I just want to Thank all of you and especially the guys behind this great thread.
After all , The Best traders ( in my opinion ) are the ones in this forum.:nerd:
I just want to Thank all of you and especially the guys behind this great thread.
After all , The Best traders ( in my opinion ) are the ones in this forum.:nerd:
- #55,903
- Feb 23, 2010 1:29pm Feb 23, 2010 1:29pm
- Joined Jul 2007 | Status: Screw Long Term 5min For Life! | 1,259 Posts
in vegas right
Yes no other place I would go. I want to see these mad poker skills in action, I will back ya
Keep taking CT trades, I need more money
- #55,904
- Feb 23, 2010 1:33pm Feb 23, 2010 1:33pm
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
I submitted to your entire post
just that I heard about this issue that teachers,engineers,doctors,lawyers are from some reason not made for treading
I'm engineer and don't know whay for me is working to be a trader,maybe because I'm a funny guy,but what have this to do with treading...don't know.
The rule is that those jobs aren't made for being a trader.But in order to be a rule there must be something contrary to that rule.
So I'm the exception from the rule,simple math
and I'm telling you that are many successful...
Indicators show the past. Price Action "Indicates" the future.
- #55,905
- Feb 23, 2010 1:37pm Feb 23, 2010 1:37pm
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Yea indeed. It's time I really do understand the meaning behind your phrases jarroo. It takes time and experience to realize. These are the easiest to manage.
Killing that trade should have come sooner for me.
Also the retrace, retest of the break is a great confirmation indication as well.
Indicators show the past. Price Action "Indicates" the future.
- #55,906
- Feb 23, 2010 1:42pm Feb 23, 2010 1:42pm
- Joined May 2009 | Status: LIFE ITSELF | 1,058 Posts
Maybe your not a very good engineer, triger. lol I'm just kidding brother. don't take it the wrong way. lol.
maybe is because I'm in my beginning stage of my career as engineer,and I remmeber that back when I was a student I had some issues with my teachers bc of the way I think,although I was a good student with vrey good skills at math and PC, I always had dispute with my teachers,but that's history I graduate university last year
maybe I'm a special guy
all the best!!
- #55,907
- Feb 23, 2010 1:47pm Feb 23, 2010 1:47pm
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
LOL
maybe is because I'm in my beginning stage of my career as engineer,and I remmeber that back when I was a student I had some issues with my teachers bc of the way I think,although I was a good student with vrey good skills at math and PC, I always had dispute with my teachers,but that's history I graduate university last year
maybe I'm a special guy
all the best!!
Indicators show the past. Price Action "Indicates" the future.
- #55,908
- Feb 23, 2010 2:10pm Feb 23, 2010 2:10pm
- Joined Apr 2009 | Status: Trader | 2,891 Posts
70% chance to lose before you even get in the trade, add emotion, MM and whatever else is going on brings it to about 80-85%. But as the pro's know we have to let you win a few times or else it's just pro's vs pro's and that's no fun
Most people like to be smart and show how good they are at catching the top or bottom, I like making money.
I trade with the trend all day and i do post things before the fact. In fact i snapped this move from 396 to 452. But when i see Fibs+PPZ(daily/weekly) or PPZ(daily/weekly)+Round numbers lining up i do risk 10-30 pips against the trend.
There was no trade by your standard's off course Ryan. There was no Divergence and no way we could take a CT on a lower TF without Divergence.( I actually learned from your posts alot and respect you a great deal)
I took it at 574 with an SL at 584 and it was an S/R (touch) trade . (but i don't like to show/discuss my touch trades)
So i thought we would have a little laugh (and i think Jarroo got it) But all of a sudden i saw a flood of post
.Anyways i think it was some miss communication. (same old dilemma of internet).
.
- #55,910
- Feb 23, 2010 2:37pm Feb 23, 2010 2:37pm
- Joined Apr 2009 | Status: Trader | 2,891 Posts
nasir i see alot of chart like the last one that u posted, and i like this style of trading.
can u describe your "check list"(criterion) before entring a trade like this?
tnx.
You should better Practice the basics first.
- #55,918
- Feb 23, 2010 4:29pm Feb 23, 2010 4:29pm
Hey Mike,
thanks for feedback. I'm glad you confirmed one of my worries. If it closed near its high(ideally above 1.5200) I would take this trade(would be first this month).
I go to bed in 30 minutes so if it doesn't go there till then(close gmt+1), no trade for me
I knew something was missing to rate it A+. Appreciate your response.
Cheers,
Mikey
thanks for feedback. I'm glad you confirmed one of my worries. If it closed near its high(ideally above 1.5200) I would take this trade(would be first this month).
I go to bed in 30 minutes so if it doesn't go there till then(close gmt+1), no trade for me
I knew something was missing to rate it A+. Appreciate your response.
Cheers,
Mikey
- #55,919
- Feb 23, 2010 4:37pm Feb 23, 2010 4:37pm
- Joined Jul 2007 | Status: Screw Long Term 5min For Life! | 1,259 Posts
Short 7 positions just close it all out, yes I do get whipped sometimes when it's sideways but starting with 2% risk for about about 25% gain is worth it. Or you can be smart and play with the 1 position and CT stuff 
P.S. Sign up my to Rymacdaddy's billions of pips system! only 3k a seat, seating limitied to 150 and the 1st 50 people get a free stuffed bunny!
P.S. Sign up my to Rymacdaddy's billions of pips system! only 3k a seat, seating limitied to 150 and the 1st 50 people get a free stuffed bunny!
Keep taking CT trades, I need more money
