james16 Chart Thread | Page 6611 | 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

  • #132,201
  • Sep 11, 2014 5:07am Sep 11, 2014 5:07am
Quoting dvimix
{quote} Hello fri! Im in, limit order has worked. But Im little nervous {image}
you should be. Location not so good.
  • #132,202
  • Sep 11, 2014 5:23am Sep 11, 2014 5:23am
Setup on EURCHF

How do you guys see this H4 setup? Would appreciate some comments.

- Downtrend with W formation at bottom
- Huge BUOP through big round number 1.21 and S/R level
- Retest of S/R level with pinbar

Plan is to enter at brake of pinbar, fta being at tip of buop. Next trouble area I see would be daily resistance at around 1.21340. Trade management according to how price is reacting to these levels, maybe take partial profit at top of the BUOP or daily resistance level. Also planning to use bottoms of 3 previous bars and round number to manage my stop when price gets to key levels.
Attached Image (click to enlarge)
Click to Enlarge Name: setup.jpg Size: 64 KB
  • #132,203
  • Sep 11, 2014 5:51am Sep 11, 2014 5:51am
Quoting zamfir
{quote} you should be. Location not so good.
Thanks Zamfir. Made it. If 98 will keep price thats OK, if not then I get BE. May be price will do double tops and it will be chance to repeat this trade with more preferable conditions.
  • #132,204
  • Sep 11, 2014 6:34am Sep 11, 2014 6:34am
CAD/JPY Long term chart

http://s7.postimg.org/bjnznompn/JPY.png
how to take screenshots
  • #132,205
  • Sep 11, 2014 10:01am Sep 11, 2014 10:01am
Quoting Trader000
be careful everyone ; james16 is a scam; he never post any his history trading although there are many website help him doing it for free and anonymously and these guys who in here all day to answer your question are his employees... they are paid to lure you to his website to pay for his dumb course that never work ... They disguise as a " good guy" or " testimonial guy" , indeed are hired by his boss - james16 to do one solely task , attract as many people subscribe his service as possible. I dont blame them they are entrepreneur, they need profit...
I don't think so.. James16 - is not a SCAM, he is the one of the 5% traders, I think you are the one of the 95% traders
  • #132,206
  • Sep 11, 2014 5:18pm Sep 11, 2014 5:18pm
Quoting Trader000
be careful everyone ; james16 is a scam; he never post any his history trading although there are many website help him doing it for free and anonymously and these guys who in here all day to answer your question are his employees... they are paid to lure you to his website to pay for his dumb course that never work ... They disguise as a " good guy" or " testimonial guy" , indeed are hired by his boss - james16 to do one solely task , attract as many people subscribe his service as possible. I dont blame them they are entrepreneur, they need profit...
You have no idea what you just written and I know those are all lies !!!

Thank you Mike for everything.

Darek
  • #132,207
  • Sep 11, 2014 11:42pm Sep 11, 2014 11:42pm
Quoting Trader000
be careful everyone ; james16 is a scam; he never post any his history trading although there are many website help him doing it for free and anonymously and these guys who in here all day to answer your question are his employees... they are paid to lure you to his website to pay for his dumb course that never work ... They disguise as a " good guy" or " testimonial guy" , indeed are hired by his boss - james16 to do one solely task , attract as many people subscribe his service as possible. I dont blame them they are entrepreneur, they need profit but... i denounce them for organizing a lie and scam organization to steal money from naive people especially the newbie For many many years , many one come forward and demand james16 release his trading history to the community as a testimony that he is at least as a trader ( dont mention profitable yet) and he failed to prove it

Let us try not to defend our self from these kind of post.

Obviously Trader000 is not able to make Price action work for him. Instead of attacking him , Let us try and help him.

Trader000 , you don't have to pay a single penny to learn PA. you have nothing to lose. you can learn all that you want right here. The paid forum is for more advanced PA traders or someone who needs mentoring. They are not going to give you some kind of holy grail.

Like Mike has already said, post your doubts/queries whatever and we will try to help you out. I strongly suggest you try it.

Instead of blaming James or anyone , focus your energies and thoughts to learning PA. Saying that James is a scam doesn't help you or anyone here.

By saying James is a scam, you are essentially saying Price action strategies/methods are scams. If that were true , none of us would be here. James doesn't have to post his trading history or prove himself because its useless.

Trading success depends on the trader. No trader in the world no matter how successful, he is not going to share his account history. This is because performance depends on the individual trader. Just because someone uses PA and is successful doesn't mean you will be. You have to make it work for you.

I m not trying to defend James or anyone here, just trying to help you. Its up to you to choose and accept the help and improve yourself as a trader.
  • #132,208
  • Sep 12, 2014 2:34am Sep 12, 2014 2:34am
Quoting zamfir
{quote} Let us try not to defend our self from these kind of post. Obviously Trader000 is not able to make Price action work for him. Instead of attacking him , Let us try and help him. Trader000 , you don't have to pay a single penny to learn PA. you have nothing to lose. you can learn all that you want right here. The paid forum is for more advanced PA traders or someone who needs mentoring. They are not going to give you some kind of holy grail. Like Mike has already said, post your doubts/queries whatever and we will try to help you out. I strongly...
I totally agree with you, Zamfir. Good post!
  • #132,209
  • Sep 12, 2014 2:47am Sep 12, 2014 2:47am
Quoting Trader000
be careful everyone ; james16 is a scam; he never post any his history trading although there are many website help him doing it for free and anonymously and these guys who in here all day to answer your question are his employees... they are paid to lure you to his website to pay for his dumb course that never work ... They disguise as a " good guy" or " testimonial guy" , indeed are hired by his boss - james16 to do one solely task , attract as many people subscribe his service as possible. I dont blame them they are entrepreneur, they need profit...
Hi Trader000,

Your comments about what Mike and James teaches undermines anyone who uses price action as an edge in the market. I have a free offer for you at the end of my post, (only if Mike is happy with this) so I hope you read my post to the end! I get a sense you need help more than anything.

My own personal testament is that I have been able to leave a high paying job as a medical doctor to pursue trading as a "full time" endeavour because of learning price action concepts. I say "full time" as my screen time trading is now only 10 hours/week or less. I'm still able to trade while I currently travel the world with my beautiful wife at the moment because of this!

I feel your negative attitude is common with frustrated unsuccessful traders. I know I am making an assumption about you here but just hear me out. Believe me, I've been there. I've experienced the frustration of jumping from system to system, trying EA's, hoping from broker to broker. I've experienced frustration during my learning curve and I think it's common to try and blame external factors (e.g. blaming educational services for not providing audited records and I know personally I used to do things like try and blame a broker for stop hunting or manipulation/whatever instead of looking inwardly).

Now as for Mike. He is one in a billion. I really believe that. I have been around for a number of years and only recently found this thread and I have not met anyone as knowledgeable and talented at trading as him. In addition to that, it is unique to have these qualities of skill and also be an excellent teacher. His honesty and integrity is rare in this business.

My offer for you Trader000:
Now there is a webinar he has done dated 26th March 2013 which I think any struggling trader should watch (the first 30 minutes) every month until they're profitable. I believe it is that good. I have no commercial affiliation with J16 (I feel that needs to be said in light of your post). Now, what I'm happy to do is pay for your subscription to the J16 course if Mike is okay with that. If you accept then I suggest that you watch the webinar I have mentioned as the only thing I ask for in return. I will only do this with Mike's "okay" as really I don't want to open the private forum to your negativity unless he is happy to accept you. You can PM me about this to talk further.

Lastly, I want you to read the following article I've written specifically for traders like you. I really hope you read it in full.
http://www.fxpep.com/what-the-turtle...about-trading/

Trade safely,
Lester
Follow me on twitter @FxLester
  • #132,210
  • Sep 12, 2014 6:28am Sep 12, 2014 6:28am
Quoting FxLester
{quote} Hi Trader000, Your comments about what Mike and James teaches undermines anyone who uses price action as an edge in the market. I have a free offer for you at the end of my post, (only if Mike is happy with this) so I hope you read my post to the end! I get a sense you need help more than anything. My own personal testament is that I have been able to leave a high paying job as a medical doctor to pursue trading as a "full time" endeavour because of learning price action concepts. I say "full time" as my screen time trading is now only 10...
WOW!!!
If not up, then down, otherwise sideways :-)
  • #132,211
  • Sep 12, 2014 7:03am Sep 12, 2014 7:03am
Quoting FxLester
{quote} Hi Trader000, Your comments about what Mike and James teaches undermines anyone who uses price action as an edge in the market. I have a free offer for you at the end of my post, (only if Mike is happy with this) so I hope you read my post to the end! I get a sense you need help more than anything. My own personal testament is that I have been able to leave a high paying job as a medical doctor to pursue trading as a "full time" endeavour because of learning price action concepts. I say "full time" as my screen time trading is now only 10...
Very interesting !!! if it's not difficult could you put in free access this webinar. Sank's
  • #132,212
  • Sep 12, 2014 8:19am Sep 12, 2014 8:19am
Hi,
I want to show my last trade.
1. long term uptrend. 2. consolidation, three or more touches to the trend line. 2. last candle is possibly long and finishes near line, otherwise I would not enter. 3. then i put stop order. 4. if retrace too much before entry, I cancel order.
I know it might be not much for most of you but for me it was big step as I was waiting for something specific and very stress free.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Snap103.jpg Size: 123 KB
  • #132,213
  • Sep 12, 2014 9:12am Sep 12, 2014 9:12am
Quoting FxLester
{quote} Hi Trader000, Your comments about what Mike and James teaches undermines anyone who uses price action as an edge in the market. I have a free offer for you at the end of my post, (only if Mike is happy with this) so I hope you read my post to the end! I get a sense you need help more than anything. My own personal testament is that I have been able to leave a high paying job as a medical doctor to pursue trading as a "full time" endeavour because of learning price action concepts. I say "full time" as my screen time trading is now only 10...
FXLester, your attitude is impressive. You just gained my full respect
Market can stay irrational longer than you can stay solvent.
  • #132,214
  • Sep 12, 2014 9:56am Sep 12, 2014 9:56am
Quoting FxLester
{quote} Hi Trader000, Your comments about what Mike and James teaches undermines anyone who uses price action as an edge in the market. I have a free offer for you at the end of my post, (only if Mike is happy with this) so I hope you read my post to the end! I get a sense you need help more than anything. My own personal testament is that I have been able to leave a high paying job as a medical doctor to pursue trading as a "full time" endeavour because of learning price action concepts. I say "full time" as my screen time trading is now only 10...
you are one cool dude Lester

This is the best thing about James16 and why i was attracted to stay around all these years. For those that have been around I was nothing more then a member someone who thought they would never even post on FF. I've met more people then any "job" could offer and more like minded willing to help individuals. That is extremely rewarding for me.

Lester your offer to him is more than gracious. I'm willing to help him too but I have a feeling that's not going to happen. We can see his last post was 2 years prior just to bash j16 again lol

And too the others that jumped in thanks it's not something I even like is that attention to be put on it but it still is nice to see people get so much from the group or this thread

Mike
  • #132,215
  • Sep 12, 2014 9:59am Sep 12, 2014 9:59am
and on that note here is a trade I closed out today. Part of me wants to set it to b/e and it could go to the moon but their are talks about cash buyouts and what not so it's uncharted territory with me on an equity I'll take my profit and then be an observer and learner for the future

Original chart
Attached Image (click to enlarge)
Click to Enlarge Name: 9-12-2014 10-58-22 AM.jpg Size: 99 KB


Todays
Attached Image (click to enlarge)
Click to Enlarge Name: 9-12-2014 10-48-16 AM.jpg Size: 146 KB
  • #132,216
  • Sep 12, 2014 12:17pm Sep 12, 2014 12:17pm
Quoting Trader000
be careful everyone ; james16 is a scam; he never post any his history trading although there are many website help him doing it for free and anonymously and these guys who in here all day to answer your question are his employees... they are paid to lure you to his website to pay for his dumb course that never work ... They disguise as a " good guy" or " testimonial guy" , indeed are hired by his boss - james16 to do one solely task , attract as many people subscribe his service as possible. I dont blame them they are entrepreneur, they need profit...
Dear Trader000,
I truly feel sorry for you as you have no idea what is happening here at James16. Even with your stuck-up comments, the good people here are ever willing to help you realize what’s going on. I am sure by now you should, at least get some hints that everyone here is helping each other to learn Price Action trading. The help, contribution and true sincere willingness to help learn are worth millions which you don’t get it anywhere else...and it’s for FREE...
God bless you my friend..
Alfans16
  • #132,217
  • Sep 12, 2014 12:40pm Sep 12, 2014 12:40pm
i ask you guys one simple and honest question. Any of you guys here see jame16 ' s trading history? why did he not post it in here? there are at least 2 website support trader posting trading history anonymously one is myfxbook second is forexfactory but why he did not take the shot to clear all his unbelievers like myself?

And mike,i would rather believe a random prostitute on street said how she is still a virgin then this guy lol

he is a seller guys , this is his job, james pays him to do it ... simple ask his trading history, he will try to find 1000 reasons to conceal it like his boss did lol
  • #132,218
  • Sep 12, 2014 12:57pm Sep 12, 2014 12:57pm
Quoting Trader000
i ask you guys one simple and honest question. Any of you guys here see jame16 ' s trading history? why did he not post it in here? there are at least 2 website support trader posting trading history anonymously one is myfxbook second is forexfactory but why he did not take the shot to clear all his unbelievers like myself? And mike,i would rather believe a random prostitute on street said how she is still a virgin then this guy lol he is a seller guys , this is his job, james pays him to do it ... simple ask his trading history, he will try to...
Trader000 you are not supporting your concerns with reasonable facts and opinions, on the contrary I can confirm with facts that in few days in the forum I received great support, suggests and guidance the PA trading (see several trades posted and commented from MIke and other exp guys).
I didn't received any proposal to go to James16 private website and I really appreciate the time several people spent to support me.
I beleve in that Thread there is a lot of value and experiance useful to build strong and robust knowledge.
I take the opportunitiy offered by Trader000 post to really thanks you guys !!!!
Xam
  • #132,219
  • Sep 12, 2014 1:01pm Sep 12, 2014 1:01pm
Quoting nc_trader
CAD/JPY Long term chart {image} how to take screenshots
Hi nc_trader, could you please explain a bit more your chart ?
what you see in that chart how you would design a trade around that chart ?
thanks
Xam
  • #132,220
  • Sep 12, 2014 1:52pm Sep 12, 2014 1:52pm
Quoting Xamarass
{quote} Hi nc_trader, could you please explain a bit more your chart ? what you see in that chart how you would design a trade around that chart ? thanks Xam
This is a ascending triangle pattern that was confirmed with the breakout. This pair have a big potential move up in next weeks or months
66 traders viewing now