james16 Chart Thread

Quoting 4xjoema

Disliked

{quote} Be careful headed right into box consolidation

Ignored

Quoting mbqb11

Disliked

{quote} Hey Mak I see a few of you are playing this. Just be REALLY careful here. THis is a super choppy pair right now with a massive consolidation just above as well as no space. This is a bar that can give traders a lot of trouble Best Mike {image}

Ignored

Quoting Hiten123

Disliked

{quote} I'm still short on this pair due to yesterdays BEOB but have now reduced my risk due to the pin that's formed. Stop is now at 1.3032

Ignored

Quoting Pinbar

Disliked

{quote} Great Post Mike. We should also ask ourselves before every trade, How much could I lose, on it.

Ignored

Quoting makwana

Disliked

{quote} {quote} Cheers Joe and Mike. Spot on, i would basically buying into congestion. cheers for the light bulb moment guys {quote} Cheers Hiten, if you don't mind me asking, did you enter on a retrace or a buffer touch of the BEOB candle? Thanks you all Mak

Ignored

Quoting mbqb11

Disliked

{quote} Hey Str8 If you notice the big difference here on my continuation pinbar is that this is off a former pattern or a strong S/R area but more so a pattern. So we have a flip in s/r that is based on a larger pattern that formed in the market. Often people try to just play pinbars in strong trending markets to "jump" on. These often lead to a lot of headaches in my experience and why we tell you all to look for them at good swing points. Playing them off breakout patterns is one of the few exceptions for me personally to play them as continuations...

Ignored

Quoting str8

Disliked

{quote} Thank you for the answer. One more question, do you also play outside bars and inside bars off breakout patterns?

Ignored

Quoting buzzing

Disliked

Posting the state my first two pinbar trades from yesterdays close. Currently running at -41 and +1 but were positive for some time. I want to get better at this so comments welcome - Thanks and good trading !! {image} {image}

Ignored

Quoting mbqb11

Disliked

{quote} Hey Chris Yes be careful remember when starting out look for pinbars at swing highs and lows. So bullish pinbars at swing lows. Try to find some that previously happened and post up so we can see if you got swing points down. As for what can you make. The summary is it varies. People pursue different goals. But this is probably one of the biggest mistakes I see out there is people with expectations that are generally unrealistic or cause bad habits. Can you make high returns? Yes. Is it more likely you won't? Yes. Most people don't seem...

Ignored

Quoting Fx-chriz

Disliked

Here is a trade that im currently in, there is no profit target but im gona use the fibo to calculate my protits. Let me no if anyone thinks its a bad trade. One more thing, wants the PF like, is there alot of chatter? Best Wishes, Chris, {image}

Ignored

Quoting james16

Disliked

Spent some time tonight with my son going over some charts and possible trades he is considering. Thought i would share his record this year on this pair. {image}

Ignored

Quoting springger

Disliked

Hey Mav, just borrowing your chart. Also added are some other things to consider, which might change the overall "grade" of the trade. As for trade management, Mav hit the nail right on the head. As for chriz, the PF is great. I'm a proud lifetime member, but I prefer lurk on the sidelines. Of course, you can get everything here on this thread, but on the PF you have access to the training materials, especially the videos and the senior members contributions, which in my point of view are priceless. That aside, every week, there are webinars....

Ignored

Quoting mbqb11

Disliked

{quote} it might be nearly 4 years later(whoa) but this is still my favorite post in this thread most likely Someone emailed me today about it and I got a kick out of it yet again and decided to repost. (added the chart) {image}

Ignored

Quoting Pinbar

Disliked

Oh by the way Mike. The undergraduates presented their J16 homework and quite a few of them also made their own Demo trades and, are starting to get into it. What fun this was for a couple of weeks. Blocked their eyes out for the purpose of privacy. Edit: For some weird reason Chinese people seem to use Red candles for bullish candles and Green for bearish candles, as you can see in the Gold chart. {image} {image} {image}

Ignored

Quoting ping-ping

Disliked

{quote} Red presenting prosperity in china. That's why when they celebrate chinese new year, all stuff including what they are wearing are red. Anyway post some charts on AU TF H4. Confirmed trend line {image}

Ignored

Quoting Pinbar

Disliked

{quote} Right, somehow it just did not register with me that, they would also use red because of it symbolizing prosperity, like the red envelopes given at New Year, etc. We all know what the etc means. LOL Thanks Ping Ping.

Ignored