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

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james16 Chart Thread

  • #110,601
  • Apr 22, 2012 10:20am Apr 22, 2012 10:20am
Quoting Zeee86
Hi Everybody.


I have red a lot about this forum, but one thing i dont understand:
If James is makeing so lot of money by the forex, and he likes really teaching the people, why do we need to pay so much money to join the james group??? I dont have any problem whit this, just i dont understand this mentality... I have thought about this question a lot... 1. He could not make so much money by the forex, or he is greedy...????

If I see an advertisement in connection with the forex, there is a fee, its fast all scam.

WHY DO WE HAVE TO PAY SO LOT...
It's normal to have your doubts . I think everyone thinks of it the time they spent learning and gaining experience , but not making money . True is that this material alone won't make you successful , because only YOU can accomplish this . But it definitely works , and without it you are very much lost out there .

Just my experience with it , of course. And this is around 5 years since i found it .

Regards
  • #110,602
  • Apr 22, 2012 10:23am Apr 22, 2012 10:23am
Quoting Variance
Happy Birthday Bigboy! Keep up the good work!
Thanks man , today is recovering day after the party It was a lot of fun
  • #110,603
  • Apr 22, 2012 10:35am Apr 22, 2012 10:35am
Quoting Rust
Thanks man , today is recovering day after the party It was a lot of fun
Hey Rust!

Happy Birthday dude!

That statement rocked just like your party.

You're a real asset here.

Wishing you a hundred more!

g.
I believe . . .
  • #110,604
  • Apr 22, 2012 11:00am Apr 22, 2012 11:00am
Quoting Chanya
First of all , I did not get you wrong . But now its your turn to not get me wrong . If you thought that you are writing something controversial and James would himself come and fight with you ( , Best joke of the year , ) then you are way over your head bro ... If you have not noticed , your question was not even worthy of any senior member response .....

Now the answer to you question , really obvious ... Read carefully ....

Everyday NEW people come here , and they start to learn the best there is to learn , starting...
The PF is not a place for only advanced members where they share "advanced trading systems" only. While we do have senior member sections and material that is a great addition to the basic material, the most golden aspect of the PF like here at the public thread, is the basic material.

Mike operates on the next level at the PF with the basics of the James16 material with his webinars, videos and his threads in his section.

Zee has a very good question and I respect the fact that he clarified that he wasn't trying to be rude or offensive.

The reason for a charge is quite simple. It took James 7 years to get this thread to where it now, and while I can argue all my life that the material and the knowledge of PA that is contained in this thread surpasses any other resource paid or free, the fact is there is still only so much material that you can fit into a single thread without cluttering it up and confusing the audience.

It was recommended by us members...yes by "US" that we needed a separate "forum" where things could be put up in a more organized way for people willing to put away their pocket money for sake of high quality education.

James has invested 20+ years trying to figure this business out all alone via blowing away a gigantic amount of his hard earned cash over the years, By starting this thread he was ready and willing to give it all away for free by answering dozens and dozens of e-mails, PMs and queries at the thread on a daily basis.

Do you think it would have been nice to say to him:

"hey bud! I appreciate all the great effort. Could you kindly set up a private forum for us where you could do regular webinars, share your trades through posts and videos, and also all the advanced material and your trading systems that you've developed over the years with us? It kinda gets boring and and tough to read through all these hundreds and hundreds of pages at a single thread to weed out the important info.

Oh and We'd also like the seniors to assist you and share all their goody knowledge with us too..

PS needless to say, I am sure you'll do all this for free too! "

The PF is only a compliment to the James16 thread and this thread is nowhere near a marketing ground for the PF. Trust me if you will, you still don't have to be a part of the PF to learn how to successfully implement the james16 material. Several senior members here never felt the need to join it. I learned 90% of the material at this public thread only.

The PF is for people who understand that like any other business or profession for that matter there are "costs" to master it. These costs can be in time, effort or in money terms.

Do you think its unfair to be cutting your cost in time and effort 10 fold by 1) organizing the material into digestible units 2) providing high quality education through webinars,videos and dedicated teacher sections and 3) by providing the advanced material, systems, and applicable ideas. All of this for against a tiny increase in money costs? I am not exaggerating. The PF cost for a month is less than a losing trade on a small account. Think about it...

g.
I believe . . .
  • #110,605
  • Apr 22, 2012 11:06am Apr 22, 2012 11:06am
Anybody likes this to come back down? Looks like price has stalled at a major resistance level
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  • #110,606
  • Apr 22, 2012 11:34am Apr 22, 2012 11:34am
Quoting ghous
Hey Rust!

Happy Birthday dude!

That statement rocked just like your party.

You're a real asset here.

Wishing you a hundred more!

g.
Thanks dude ! This is the best one this year . Previous were not bad either Still a ton of experience to gain !

Waiting for updates on the blog
  • #110,607
  • Apr 22, 2012 11:47am Apr 22, 2012 11:47am
Quoting Rust
Thanks dude ! This is the best one this year . Previous were not bad either Still a ton of experience to gain !

Waiting for updates on the blog
Be my guest. I hope I can build on this initiative.

g.
I believe . . .
  • #110,608
  • Apr 22, 2012 11:50am Apr 22, 2012 11:50am
Quoting ghous
The PF cost for a month is less than a losing trade on a small account. Think about it...

g.
Totally disagree . I have seen people trying to trade with as little as 50 dollars ( On second thoughts , make it 25 ) . I have also seen the flip side , but , you get the point !!
Human
  • #110,609
  • Apr 22, 2012 11:53am Apr 22, 2012 11:53am
Quoting Chanya
Totally disagree . I have seen people trying to trade with as little as 50 dollars . I have also seen the flip side , but , you get the point !!
For that matter I can play with $10 with 1:500 leverage on a micro account. We're talking about trading...

g.
I believe . . .
  • #110,610
  • Apr 22, 2012 11:58am Apr 22, 2012 11:58am
Kind of liking this
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  • #110,611
  • Apr 22, 2012 11:58am Apr 22, 2012 11:58am
Quoting ghous
For that matter I can play with $10 with 1:500 leverage on a micro account. We're talking about trading...

g.
I wish there was some place where I could BUY the " Humour " in physical form and gift it to you ......
Human
  • #110,612
  • Apr 22, 2012 11:58am Apr 22, 2012 11:58am
Quoting ghous
For that matter I can play with $10 with 1:500 leverage on a micro account. We're talking about trading...

g.
You aren't close to being adequately capitalized with a $10k account. 2% risk on this account ($200) will yield a monetary value of a loser bigger than your 1 month subscription at the PF.

that was my point.
I believe . . .
  • #110,613
  • Apr 22, 2012 12:00pm Apr 22, 2012 12:00pm
Quoting ghous
You aren't close to being adequately capitalized with a $10k account. 2% risk on this account ($200) will yield a monetary value of a loser bigger than your 1 month subscription at the PF.
Dude , seriously , I know . Just read my previous comment !!!
Human
  • #110,614
  • Apr 22, 2012 12:06pm Apr 22, 2012 12:06pm
Quoting Chanya
Dude , seriously , I know . Just read my previous comment !!!
I haven't known you for very long, but I struggle to spot humor where you mean it.

lol

g.
I believe . . .
  • #110,615
  • Apr 22, 2012 2:13pm Apr 22, 2012 2:13pm
CAD.JPY Daily - Anybody else monitoring this pair right now? resistance level of around 82.528 also coincides with the 50 fib mark. Looking for a break at around 81.80.


http://i42.tinypic.com/f1l0d5.png
  • #110,616
  • Apr 22, 2012 6:19pm Apr 22, 2012 6:19pm
Chfjpy is interesting...i'm not sure where is it going right now...I was hoping for short signal some time ago, but now with the big price gap and nice bullish candle...well, lets wait for close - BUOB is quite possible...Nevertheless this is nice lvl...

(Green line is monthly close)
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  • #110,617
  • Apr 22, 2012 9:26pm Apr 22, 2012 9:26pm
Quoting jarroo
I got some PMs around the same topic and the answer is more practise and then more practise . .to see these setups over and over again.

Soon it will be like riding a bike . .

This kid says it the best . .riding a bike or trading . .. . you gotta love the remix . .
Nice vids sir. It very inspirative.
  • #110,618
  • Apr 23, 2012 12:03am Apr 23, 2012 12:03am
[quote=Zeee86;5596578]Hi Everybody.


I have red a lot about this forum, but one thing i dont understand:
If James is makeing so lot of money by the forex, and he likes really teaching the people, why do we need to pay so much money to join the james group??? I dont have any problem whit this, just i dont understand this mentality... I have thought about this question a lot... 1. He could not make so much money by the forex, or he is greedy...????

If I see an advertisement in connection with the forex, there is a fee, its fast all scam.

WHY DO WE HAVE TO PAY SO LOT OF MONEY TO THAT MAN, WHO HAS A MONEY MAKER MACHINE?????????? it is the main question in my brain...

quote]

hey Zeee

Actually its a good question, and one many people have issues with. I recently joined the PF, and well, in my personal opinion, it worth it. But i guess whats bugging you, is why someone who is an expert at this material, make soo much money already, cant be a good samaritan and offer it for free like most of the other systems in the FF? After all, isnt sharing is caring? If he cares for the people here so much, why cant he offer for free?

Well, i had a post earlier on the advantages of joining the pf (Time, good for newbie, etc). However,my own personal belief is when i recall a story like this:

A man wanted to teach his son the value of money, so he send his son to work on someone's farm. The son played for 1 day and borrowed some money and gave it to the father. The father took one look at the money and threw it away. The next day the son played for 3 days and borrowed some more money and gave it to his father, and the father said you did not earn this money. The father again threw away the money. The son now thought there's no way of fooling the father and actually worked for a week, and got his salary. The son gave the money to father and the father was about to throw the money away again when the son pleaded his father not to. Now his father is satisfied, that his son knows the value of working for the money

Now using the story above, do you really want Jim to spoon feed us with the material? For free? Will we take the material for granted because, after all, free? Personally i do not know if Jim had this intention, but paying for the pf makes me want to work harder to utilise the material (after all, i paid for it). I rather pay more to Jim so that he can do a more awesome site, hire more mentors to share their knowledge, etc. And even in the PF, dont expect not working hard too, the material is there (easier to look for info), but ultimately comes down to you. He teaches me to "fish" (making me treat the pf with respect(because i paid for it), making me work hard)

Happy Trading week everyone!

Duckie
  • #110,619
  • Apr 23, 2012 1:39am Apr 23, 2012 1:39am
Quoting tulasi
i want to go on otherside ..after this pinbar..tp at trendline..what do you say
beelbolbod..
Sorry m8, i was off for the weekend. You got your answer from market right?
  • #110,620
  • Apr 23, 2012 2:03am Apr 23, 2012 2:03am
Finally back and boy am I wiped out!

Time to catch up on what I missed, if you emailed or PMed me I am going to get through those as soon as possible

Hope everyone was good while I was gone

Mike
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