I never said risk wasn't a factor, only that it doesn't come close to taking precedence over the ability to have a process oriented approach to trading. Al Brooks very clearly and explicitly states that too tight a stop loss, not too tight relative ...

The PriceBob Strategy

In an interview several years ago Al Brooks was asked what the biggest mistake beginning traders make and he said: "The biggest one is focusing on risk. They focus on risk and end up using stops that are too tight or taking trades that have really ...

The PriceBob Strategy

MeBob and ORB are same method, different reference bar. Price action is continuous flow and immediate. Filtering by a moving average or oscillator is applying a mathematical formula to the raw data that is price, and then using the result as a value ...

The PriceBob Strategy

I believe that nothing is more harmful to day trading than a trader's belief that he or she needs to know the "logic" behind every move the market makes, as though there is any grand logic operating behind the scenes pulling the strings. Almost ...

The PriceBob Strategy

And that is the mindset of the roulette epiphany. Once you see it, you can't unsee it. Once you experience it, you can't be stopped by anyone but yourself.

The PriceBob Strategy

Gonzalo would be proud of you, blue!

The PriceBob Strategy

Al Brooks I think has the right answer for you. Give this a listen and I think you'll see you're fine using what you are using. video

The PriceBob Strategy

This is a good day to revist this video (or watch for the first time if you haven't seen it before today). url

The PriceBob Strategy

Paula Webb, Mark Douglas's widow, continues her self destructive mania to remove Mark Douglas's videos from youtube and hit me with a copyright strike, and youtube removed my Douglas exercise video. I presume she is the beneficiary of Douglas's ...

The PriceBob Strategy

Nothing silly about your question at all. I'm interested in this as well.

The PriceBob Strategy

lol "I suffered through that book." Didn't we all! url

The PriceBob Strategy

A summary of Al Brook's article, "Five minutes to fame in the E-mini" image

The PriceBob Strategy

This is from Al Brooks's blog. This is the type of trading we are exploring in this thread: image

The PriceBob Strategy

This is not meant for you Schinken but a general clarification for anyone following along in this thread. One more attempt to be clear about indicators in this thread: Anyone who posts an indicator for a trading platform that facillitates marking a ...

The PriceBob Strategy

image I like that idea. I saw pipcruiser also uses that and I think it is worth looking into with the five minute ES. The guys in my discord and I definitely use 50% as a stop, and also use 50% and 100% measured moves for trailing on the NQ. ...

The PriceBob Strategy

Any trading range implies breakout mode. What the inside bars and multiple inside bars do is mark a "triangle" on a smaller time frame. So for i, o-i-i. i-o-i, i-i etc, the entry rule from Brooks is to use a stop order to enter. Once it extends to 4 ...

The PriceBob Strategy

Nightly MeBob review url

The PriceBob Strategy

If you were to watch my live trading video from thsi morning I discuss the OR and how I'd have traded either side of it. I did take a long above it for +4 points. Today is turning out to be a much better FOMC day that I have often seen. MeBob short ...

The PriceBob Strategy

Let's put it like this: If LauraT herself showed up here in this thread and suggested we should add the 8 ema channel to the MeBob or the 200 SMA to filter long form short ORB's, I'd dislike her post as well. I'd still follow her and I'd still read ...

The PriceBob Strategy

You didn't need to delete the post, only the mention of filters. Filters are not an option in this thread. That is why I disliked your post. And from this point forward I will dislike any post mentioning filtering trades by making reference to a ...

The PriceBob Strategy