DislikedIt would be great if the regular posters had a signature link to a post that describes the basics of james16 method or someone could re-post it every page or 10
here is a little something I have been working onIgnored
Trade Smart
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedIt would be great if the regular posters had a signature link to a post that describes the basics of james16 method or someone could re-post it every page or 10
here is a little something I have been working onIgnored
DislikedSet your options to 40 (or is it 50?) posts per page and reduce it to the 2,000+ something pages that I see
It would be great if the regular posters had a signature link to a post that describes the basics of james16 method or someone could re-post it every page or 10
here is a little something I have been working onIgnored
DislikedYes, it is also a 2 day BEOB. Although its not at a swing high but in consolidation it has good potential.Ignored
DislikedHi Jaroo,
Thanks for your insightful comments.
Unfortunately for me, I entered at the break of that pin and took a full bar loss when that big red bar occurred the daily.
I am very new to the trading but i don't personally think demo account will work for me. So at the moment I am using a very little amount with a live account, as it gives me exposure to the emotional side of the trading.
I have done quite a bit of reading on the pinbar, so trying to lookout for them and play them if appropriate.Ignored
DislikedBonjour Xmzhang,
Regarding your statement above, do you mean that you NEVER take a trade on lower TF if a break of higher TF PA is occured ?
Thanks for your attention,
Cheers,
AngelIgnored
DislikedAgreed, XMZ took to the J16 method like a duck to water and is a Great example for us newbies to follow.
Yes, SC. I think he has great clarity in how he analyzes setups, and he is consistent with it, and this is probably due to his analytical skills as an engineer.
I hope XMZ will post a little about the routine, he goes through in every trade, I mean the order he does things.
Personally, I feel I am failing a little in this area, and my mind can often be all over the place in analyzing a setup.
Got to make it more mechanical and less emotional,...Ignored
DislikedI'm on day 2 of demo trading (yay, negative already!).
I had a question on moving stops to break-even, and taking some profits...
If I can only trade 1-2 hrs a day, should I place multiple orders to get an automated effect?
ex.
Current: 1.0080 and first price target: 1.0200
order 1 = Buy Stop: 1.0100 + SL: 1.0050 (N units)
order 2 = Sell Limit: 1.0200 (N units)
order 3 = Buy Stop: 1.0200 + SL: 1.0100 (N/2 units)
Also, would I need to overlap the levels a few pips to account for spread or delayed execution/slippage?Ignored
DislikedHey Mike,
I missed reading some more basic J 16 terms what is:
Monday Brain:
Friday Brain:
Mush Effect:
Anyways Mike just wanted to say that once i saw your post
You are great.
Please don't hit me.
Regards
TazIgnored
DislikedHey Jarroo, how about this 4H-BUOB @ 8400 of E-G ? Entry on a pullback, a nice BUOB on the 10m-TF at previous bar low was my buy trigger. Closed 1/2 position at the important PPZ @ 8450, lets see if she is able to crack the 8450 ......Ignored
DislikedI'm on day 2 of demo trading (yay, negative already!).
I had a question on moving stops to break-even, and taking some profits...
If I can only trade 1-2 hrs a day, should I place multiple orders to get an automated effect?
ex.
Current: 1.0080 and first price target: 1.0200
order 1 = Buy Stop: 1.0100 + SL: 1.0050 (N units)
order 2 = Sell Limit: 1.0200 (N units)
order 3 = Buy Stop: 1.0200 + SL: 1.0100 (N/2 units)
Also, would I need to overlap the levels a few pips to account for spread or delayed execution/slippage?Ignored