james16 Chart Thread
Hi Jon, thank you very much! Yes I need a lot of thinking to do.
I will probably stop for a week or two and just review everything SL,TP,MM etc.
I like my setups my entries, in general they are good, so the only problem is trade management. And I will get it fixed. Thanks for you help!
I was “trying” to make money trading for 2.5 years without any success. Different methods taught by different people and still had no luck at all. But after a while I just started to believe that my problem is not the fact that I don’t understand the market but that I misunderstand the job of a trader.
At this point I knew honest and good traders and one of them told me to take time off and stop trading which I didn’t do right away but after little more time my frustration level reached a point where I thought that may be this is it for me. I quit...
"WO HEN HAO. "
Hi Ashag, sorry I somehow missed your post and read is just now.
Thank you very much for your input!
Hope to talk more and share ideas and knowledge!
And hope to see your charts soon!
Right, I hear you Gen. And thanks to SC for pointing it out.
This Pinyin phonetics is really hard for me, for some reason.
I think the Japanese language is a much easier language to learn, but my foreign friends at work who speak Chinese fluently say that they think Japanese is the harder of the two languages.
hello fellow Asian,
regardless of what you two are talking about...
im sure u know that Chinese words/characters are very difficult to express in words ("spell") so that others would understand.
unlike English words, which only got [usually] 1 (or sometimes 2 or 3) spelling/s.... Chinese words/characters' "spellings" are subjective.
wow, u got a multilingual tongue Sir
i believe China has been taking in English teachers for some time now.
just in case, FYI... well, IMHO, Chinese language is much difficult than Nihonggo. the Chinese characters to are much detailed/intricate compared to Hiragana, katakana, kanji. (i can speak, write & understand a bit of both worlds)
yes of course, Chinese is much harder.
remember our posts last year?
but i know u can do it.
...The thing is. my colleagues who also tried to study Japanese, adamantly claim that Chinese is much easier than Japanese.
I guess the languages one can speak, always seem easier than the ones we can't speak.
The only thing that is holding me back is this bloody Pinyin phonetics.
I need to get my wife to record the phonetics.
one really has to get it right, else u end up with miscommunication (others would think u are talking about a different thing/word/etc.) or worst, people wont understand u at all. i can speak/read/understand Chinese, speak/understand Japanese but not fluently.
Chinese is definitely more complicated.
one more thing.. im not sure about Japan, but i believe Chinese has many branches as they have provinces (some/all provinces have their own Chinese dialect; as u know China is a vast land & got global influence/footprint, genealogy-wise).
Chinese phonetics is complicated & difficult.
I have read your concerns about a downward equity spiral and I'll give you some hope.I have been trading J16 methods live since the end of Feb and my account is up over 25%,there were 40 trades taken with about 70% success.
My biggest challenge is managing the trade once I'm in but I'm getting better at that.I also make some dumb trades that bite me on the arse but I seem to be able to recover from them.
I believe the biggest obstacle to ones success in FX is controlling ones emotions and resisting the temptation to trade time frames lower than...
, but i would say UP. That bar engulfed the previous 4, at swing low, and tested the low again. I should say price is now up to the previous lows, first trouble zone.
Plenty of new people around, & I have a rare Sunday off to myself today.
A luxury as of recent times, and let's see if any new people want to take a crack at J16's Where is Price Going (WIPG) on this BUEOB.
By where is price going, we mean on the initial break of the bar, where is the next bar possibly going to or not as is the case, reach.
Here is the chart.
Don't be afraid to make a mistake, it is not important, what is of greater importance is, understanding the great WIPG tool that James gave us.
This is a Daily chart
A pretty easy one to...
. i am not sure .
thank you all for sharing knowledge in this thread, especially j16 !
being new here, I have just one question, yes only one right now:
is there a glossary for abbreviations used so often?
