DislikedVery newbish questions about James 16 and price action
1. Is price action good with scalping (I'm very new)
2. Is the James 16 website good for completely raw forex newbs? Or should I start paying when I have a better idea of what I'm doing? The monthly amount is not the issue but I'm a hardcore newbie with little or knowledge.Ignored
To answer your questions PA can be used on any and old timeframes, setups. James bread and butter is the 2000 tick chart on the e-mini
It's the concepts that are most important. BUT as James recommends in his first post and many of us old folks recommend, sticking to the higher timeframes(daily/weekly) to build the proper foundation and stay around long enough to give yourself a chance is the big way to go. That first post is littered with gold.
As for the group we have all kinds of levels, but my recommendation is to hang out here at least a few months before making a decision. We aren't going anywhere and there is a TON of great info sitting right here, it just takes more work to get through a lot of the fluff
Hope that helps
Mike