Hi Nexas, This is from a much earlier post. Is this still your method? Do you give deeper retracements more latitude and allow an opposite candle color? How deep is deep and how shallow is shallow? i.e., less than 1.5x risk is shallow or something ...

Nexas's Intraday Range Bar Trading

On February 22.

Nexas's Intraday Range Bar Trading

Yeah, that little unholy mess was from 08:25 EST to 09:02 EST. The concept of keeping the original swing low as the anchor for all was one that I missed. Makes sense. I usually keep a highly detailed trading journal that logs all signals for EURUSD ...

Nexas's Intraday Range Bar Trading

Question for Nexus — Hi, Glad I stumbled across your thread a few weeks back. Been trading your setup (albeit somewhat filtered as I've indicated in prior posts) with considerable success on the 4 and 8 pip range charts. An even bigger impact ...

Nexas's Intraday Range Bar Trading

Not sure I follow the logic here. At point 3 you used the last two highs to determine market direction. At point 1, you ignored many other highs and lows. In fact, at point 1, the market had just made a lower high and a lower low. Given your logic ...

Nexas's Intraday Range Bar Trading

Here's the same chart with the Momentum indicator. Note the lower high and lower low and the fact that momentum is below the zero line (being below the zero line is not terrible but being below with a lower high and lower low preceding is not so ...

Range Bar Trading with Nexas

Yes Darryl, that's exactly what I was referring to. However you don't even have to wait for the turn down on the higher high to know that momentum was not on your side. If you look at the picture, as soon as price reaches the price pointed to in ...

Range Bar Trading with Nexas

Diamondbbdw and Krisdetrader — Hi Diamondbbdw and Krisdetrader, I know you're using the momentum indicator so I thought I'd use this morning's trades as an illustration to make sure we're on the same page. Decided to trade the early session ...

Range Bar Trading with Nexas

The four signals are marked with blue dots with the first one at 4:37. Note that it was essentially stopped out at about scratch by a FTC in the other direction at 4:50. The second one did rather nicely. image The ones at 8:31 and 10:24 also did ...

Nexas's Intraday Range Bar Trading

Hi Kris, Yes the Momentum indicator was signalling to stay out. I've struggled with how to approach the way I trade with the group. I actually use some proprietary stuff (not mine, purchased), but I know Forex Factory rules say no pushing ...

Range Bar Trading with Nexas

Interesting concept this thread. Might be fun. However, I'm heading out of town tomorrow for a few days and won't be trading for a while. Will have access to the internet though. Only one trade for me today. Probably the same one you referred to ...

Range Bar Trading with Nexas

Hi Jordi, I've made several posts showing how to use the momentum indicator. They were on Jan 28 and Jan 29.

Nexas's Intraday Range Bar Trading

Fade the Corners — Anybody else catch those two lucrative picture-perfect Fade the Corners trades during the U.S. a.m. session? Triggers were at 8:31 EST and 10:24 EST. There was also a scratch FTC at 4:37 EST and a nice winner at 4:50. These ...

Nexas's Intraday Range Bar Trading

I'll third that. I love NT. I use it to front end MB Trading who I like a lot as a broker but whose internal trading platform is beyond pathetic.

Nexas's Intraday Range Bar Trading

Hey Nexas, You need to get back in the saddle soon. Your stuff was smokin' today during the U.S. a.m. session. 11 winners and 5 losers with the winners making much more per trade than the losers lost. Had one 50 pip runner (which is a heap on the 4 ...

Nexas's Intraday Range Bar Trading

Don't get me wrong, I wish you all the best. My only point was that usually you want to have all three of these most important things solidly in place before you quit your job.

Nexas's Intraday Range Bar Trading

Am I understanding this correctly? The three most important things in trading (in order of importance) are: 1) Risk / Money Management 2) Psychology (Confidence, Patience, Persistence, Courage) 3) Setups You say you overtrade. So you don't practice ...

Nexas's Intraday Range Bar Trading

Good luck. Always remember that with correct risk/money management and psychology (patience, discipline, and courage), there is an innumerable host of setups that will make a living for you. But without proper risk/money management, and if your head ...

Nexas's Intraday Range Bar Trading

Please note that my previous posts only suggested there may be a better way than 8 range EMAs to determine what the trends are. Nothing else about Nexas' approach would change (buying selling pullbacks in a trend with trendline breaks, using a ...

Nexas's Intraday Range Bar Trading

Thanks Nick. I like to be on the correct side of the momentum zero line but it's not a necessity. I consider higher highs and higher lows a strong up signal even if the line is below zero. Being on the correct side of zero gives me a warm fuzzy but ...

Nexas's Intraday Range Bar Trading