james16 Chart Thread | Page 5079 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Where can I learn more about Price Action like those in James16 charts? 9 replies

Attachments: james16 Chart Thread
Exit Attachments

james16 Chart Thread

  • #101,561
  • Sep 13, 2011 6:02am Sep 13, 2011 6:02am
Quoting Ifmyante
But then you'll be talking about apples while I'm talking about oranges!

All TFs work exactly the same, anyway, except that M1 on a few instruments is deadly accurate, with a tiny spread:range ratio

Sorry, I am not into M1 charts.
waste of time for me personally as, I want a life.

How many times a day do you trade M1 and how many times do you pay the spread.
  • #101,562
  • Sep 13, 2011 6:36am Sep 13, 2011 6:36am
Quoting Pinbar
The order flow is what we need to know, we do not need to know who or why.
I cant agree with you here. Some traders know how to exploit inefficencies of the market knowing why some moves might occur and/or who might be behind them. There is no point in saying that its unimportant just becouse one doesn't believe in it.
  • #101,563
  • Sep 13, 2011 6:45am Sep 13, 2011 6:45am
Quoting Greenhaze
I cant agree with you here. Some traders know how to exploit inefficencies of the market knowing why some moves might occur and/or who might be behind them. There is no point in saying that its unimportant just becouse one doesn't believe in it.

GH, with all due respect, I was not asking you nor anyone else to agree with me. It is simply my own personal opinion. Which, I am entitled to as much as you are yours.
  • #101,564
  • Sep 13, 2011 6:53am Sep 13, 2011 6:53am
Quoting Pinbar
GH, with all due respect, I was not asking you nor anyone else to agree with me. It is simply my own personal opinion. Which, I am entitled to as much as you are yours.
I am not trying to force my opinion on you Pb. It just sounded like a statement to me and thats why i replied to it.
  • #101,565
  • Sep 13, 2011 6:54am Sep 13, 2011 6:54am
Quoting Pinbar
GH, with all due respect, I was not asking you nor anyone else to agree with me. It is simply my own personal opinion. Which, I am entitled to as much as you are yours.
Neither am I asking you to agree with me.

I believe in what I have learned.

For example, I was slow to respond to your comments because I was waiting to make just under 50% on my account in a few minutes


I don't recommend that anybody try this until they have a full understanding of the market, and are well versed in HTF trading.

But this is what is possible, and this is what we do.
Attached Image (click to enlarge)
Click to Enlarge Name: daxi.jpg Size: 85 KB
  • #101,566
  • Sep 13, 2011 6:55am Sep 13, 2011 6:55am
Quoting Greenhaze
I am not trying to force my opinion on you Pb. It just sounded like a statement to me and thats why i replied to it.
I know, I was just setting the record straight.

We agree to disagree.
  • #101,567
  • Sep 13, 2011 6:56am Sep 13, 2011 6:56am
Quoting Pinbar
I know, I was just setting the record straight.

We agree to disagree.
Right

Lets get back on track then....
  • #101,568
  • Sep 13, 2011 7:10am Sep 13, 2011 7:10am
Quoting Ifmyante
Neither am I asking you to agree with me.

I believe in what I have learned.

For example, I was slow to respond to your comments because I was waiting to make just under 50% on my account in a few minutes


I don't recommend that anybody try this until they have a full understanding of the market, and are well versed in HTF trading.

But this is what is possible, and this is what we do.

50% in a few minutes. Are you serious?
If you are, you must be seriously putting your account at risk.
So, if it had gone against you, you would have lost how much of your account?

You are talking about a demo account, right?
  • #101,569
  • Sep 13, 2011 7:20am Sep 13, 2011 7:20am
Quoting Pinbar
50% in a few minutes. Are you serious?
If you are, you must be seriously putting your account at risk.
So, if it had gone against you, you would have lost how much of your account?
About 2%.

I do this as a matter of course.

You know, I owe a massive debt to the seniors at J16, and vowed from the very start, that as soon as I knew what I was doing, I'd begin to help out on the thread.

What I do uses so much of J16 and Jarroo's principles that I don't feel that what I've learned is irrelevant here. It's more of an extension than a divergence.
Yes, I can trade with the same precision on a monthly chart as on an M1 chart, but I choose to grow my account rapidly.

I'd still be very happy to help out around here if I may, and I'd promise to keep my analysis to the HTFs
  • #101,570
  • Sep 13, 2011 7:29am Sep 13, 2011 7:29am
Quoting Ifmyante
About 2%.

I do this as a matter of course.

You know, I owe a massive debt to the seniors at J16, and vowed from the very start, that as soon as I knew what I was doing, I'd begin to help out on the thread.

What I do uses so much of J16 and Jarroo's principles that I don't feel that what I've learned is irrelevant here. It's more of an extension than a divergence.
Yes, I can trade with the same precision on a monthly chart as on an M1 chart, but I choose to grow my account rapidly.

I'd still be very happy to help out around here if I may, and...
How can you risk only 2% of your equity and make 50% of the total equity on a single trade in a matter of minutes?
I do not understand how this is mathematically possible.
  • #101,571
  • Sep 13, 2011 7:53am Sep 13, 2011 7:53am
Quoting Pinbar
How can you risk only 2% of your equity and make 50% of the total equity on a single trade in a matter of minutes?
I do not understand how this is mathematically possible.
When I say I risked 2%, that's not exactly true. Providing there were no fundamentals to affect the trade, it was really a risk free trade. I knew there was no news scheduled, but yes, that didn't mean that news wouldn't break.
Attached Image (click to enlarge)
Click to Enlarge Name: D1AX.jpg Size: 128 KB
  • #101,572
  • Sep 13, 2011 8:02am Sep 13, 2011 8:02am
Quoting Ifmyante
When I say I risked 2%, that's not exactly true. Providing there were no fundamentals to affect the trade, it was really a risk free trade. I knew there was no news scheduled, but yes, that didn't mean that news wouldn't break.

If this was possible and as safe as your profess, J16, Mike, Jarroo & Ghous, would be doing it.

Originally you said you risked only 2%, I mentioned that this is not mathematically possible to risk 2% of total equity and make 50% in a matter of minutes. Now you are telling me it is not true that you risked only 2%.

Is it possible the whole story is also not true?

I have heard such stories before, many times. They all balk at posting the ticket.

If you post the ticket, then we can see if it is true.

If not, I guess I personally, have no other choice than to not believe it.
  • #101,573
  • Sep 13, 2011 8:07am Sep 13, 2011 8:07am
Quoting Pinbar
If this was possible and as safe as your profess, J16, Mike, Jarroo & Ghous, would be doing it.

Originally you said you risked only 2%, now you are telling me this is not true? Is it possible the whole story is also not true?
No

I found it to be a risk free trade, but I know you're feeling argumentative, so I dared not state the fact without a proviso.

Regardless of whether I took the trade or not, price turned exactly where it should have. The charts, at least, don't lie.

Neither does PA
  • #101,574
  • Sep 13, 2011 8:14am Sep 13, 2011 8:14am
Quoting Ifmyante
No

I found it to be a risk free trade, but I know you're feeling argumentative, so I dared not state the fact without a proviso.

Regardless of whether I took the trade or not, price turned exactly where it should have. The charts, at least, don't lie.

Neither does PA

Yeah, and neither do the tickets.
Just those that refuse to post them.

IMHO, it is impossible to make 50% of anything in minutes, without blowing the entire account.
Very dangerous suggestion that you are telling these people.

Do you think J16 would agree that it is not possible and also a dangerous suggestion.
  • #101,575
  • Sep 13, 2011 8:37am Sep 13, 2011 8:37am
Personally I don't trade 1 Min charts. But I follow the same S/D Imbalances concepts, as also educated by Sam Seiden, and find them extremely reliable regardless which TF you trade. Your chart is a perfect example as a southbound bounce had to happen at this Supply area making it a very high probability trade, though I personally look for 15Min-1Hr set-ups within the context of a Daily & 4Hr picture.


Quoting Ifmyante
When I say I risked 2%, that's not exactly true. Providing there were no fundamentals to affect the trade, it was really a risk free trade. I knew there was no news scheduled, but yes, that didn't mean that news wouldn't break.
"As Kids we believe Anything is Possible; the Trick is to never forget it!"
  • #101,576
  • Sep 13, 2011 8:47am Sep 13, 2011 8:47am
Quoting teemo
Personally I don't trade 1 Min charts. But I follow the same S/D Imbalances concepts, as also educated by Sam Seiden, and find them extremely reliable regardless which TF you trade. Your chart is a perfect example as a southbound bounce had to happen at this Supply area making it a very high probability trade, though I personally look for 15Min-1Hr set-ups within the context of a Daily & 4Hr picture.
Hey Teemo

That souns like a very interesting approach. Where can I go to learn this strategy as it does seem very powerful? Even to mesh this stuff with classic J16 stuff would be amazing. Some of the trades using this method do look like very high prob nobrainer trades IMHO.

Kal
  • #101,577
  • Sep 13, 2011 9:03am Sep 13, 2011 9:03am
Quoting Kalbar
Hey Teemo

That souns like a very interesting approach. Where can I go to learn this strategy as it does seem very powerful? Even to mesh this stuff with classic J16 stuff would be amazing. Some of the trades using this method do look like very high prob nobrainer trades IMHO.

Kal
They really are 'no brainer' trades. And they work in all TFs.

If you want to learn more, just have a look at where I usually post

Best

If
  • #101,578
  • Sep 13, 2011 9:13am Sep 13, 2011 9:13am
Hi Kalbar, Much of m reply would discuss a trading academy and would name instructor names. I am not sure, but heard we are not supposed to post such stuff & links in forums. So I will PM you on this. Meanwhile, there are also some great threads & traders right here on FF who you should follow. I would suggest Ifmyante, emene, kennyz, orbital.


Quoting Kalbar
Hey Teemo

That souns like a very interesting approach. Where can I go to learn this strategy as it does seem very powerful? Even to mesh this stuff with classic J16 stuff would be amazing. Some of the trades using this method do look like very high prob nobrainer trades IMHO.

Kal
"As Kids we believe Anything is Possible; the Trick is to never forget it!"
  • #101,579
  • Sep 13, 2011 10:01am Sep 13, 2011 10:01am
Quoting teemo
Hi Kalbar, Much of m reply would discuss a trading academy and would name instructor names. I am not sure, but heard we are not supposed to post such stuff & links in forums. So I will PM you on this. Meanwhile, there are also some great threads & traders right here on FF who you should follow. I would suggest Ifmyante, emene, kennyz, orbital.
If you dont mind can you pm me the links as well. I wouldnt mind taking a look.
  • #101,580
  • Sep 13, 2011 10:11am Sep 13, 2011 10:11am
Quoting Ifmyante
They really are 'no brainer' trades. And they work in all TFs.

If you want to learn more, just have a look at where I usually post

Best

If
Thanks for that Ify will check it all out - seems very promising approach with many high prob low risk entries.

Thanks

Kal
352 traders viewing now