In this video, I review today's price action in and around the MeBob range, and explain how I believe a trader using the original MeBob entry rules might have traded using MeBob today. url I believe that a key difficulty to the MeBob method ...

The PriceBob Strategy

Also, I am not at all sure the Martingaling was at the suggestion of the original creator. I think that might have been Tom Hougaard editorializing his own take on that aspect. I used to watch some of his telegram live streams, and I know he did at ...

Call me Vidvad - I day trade futures

Excellent post, Machine! Price action is probably at its most random at the HFT level of granularity, right? I mean, from tick to tick anything truly can happen. The spread is the spread and it can fluctuate from moment to moment as to what is the ...

The PriceBob Strategy

There will be days like this and there will be days that chop and slop around the MeBob as machine says. That is where money management and perhaps a few price action rules are needed in order to build a complete trading plan around it. Offered up ...

Call me Vidvad - I day trade futures

I think the one key, if not the key element that the mebob can contribute to defining an edge is that it provides what Linda Raschke calls a "reference point" "Watching price action can actually be very confusing if you go about it like a ship ...

The PriceBob Strategy

Thanks! I look forward to your contributions here as well!

The PriceBob Strategy

The PriceBob trading system thread: The PriceBob Strategy, A MeBob & Price Action Hybrid | Forex Factory Fingers crossed this doesn't go sideways lol.

Call me Vidvad - I day trade futures

Here is the video of today's trading. My first trade was placed in a fresh prop evaluation account that requires $3000 in profits to pass and has an end of day trailing drawdown of $2000. Once I hit a full winner on that account, I decided to switch ...

The PriceBob Strategy

Below I have copied and pasted the original MeBob rules as found in the Tom Hougaard document referenced in the above post. Please note the following: The method I will be trading is NOT the original MeBob method. Therefore, when you read my posts, ...

The PriceBob Strategy

At one time, back in 2013, I was regularly trading 10 or more NQ contracts. I believe the most ES at once was 10 contracts. Position size is a function of % equity at risk. 10 NQ today would be suicide for a small account. At $20 per point per ...

Call me Vidvad - I day trade futures

Hi Froggy, Thank you so much for sharing your experience. I very much appreciate it. All the best to you and yours as your own journey continues!

Call me Vidvad - I day trade futures

I'm not using limit orders often, usually I'd use stop orders to enter. I think using Brooks's and Volman's concepts, and the concept of siganl bars and trigger bars, we will be able to drain a good bit of the discretion of the top and leave the ...

Call me Vidvad - I day trade futures

The roulette epiphany was so jarring for me because I had at my disposal numerous methods and systems that provided a positive edge, and yet I still failed to maintain true long-term consistency. That is why I distinguish between the "mindset reset" ...

Call me Vidvad - I day trade futures

Be safe, TimeTells!

Flying Dutchman

At one point I was thinking I should start a new journal to focus on my trading post-epiphany. But then I decided that this journal was where I was and is a good record for me of where I've been and where I'm going. However, the mebob stuff could ...

Call me Vidvad - I day trade futures

Here is my first attempt at a youtube video on the mebob concept and how I intend to explore it in my trading. We had storms here and the electricity was flickering on and off. It seems to have affected my microphone a bit and at times it may sound ...

Call me Vidvad - I day trade futures

"Timings, Levels, Behavior of Price" I don't repeat those words often enough, but everything I do just about is based on timing (trading window, market opens, etc.), Levels (the current day's open, yesterday's high low, the previous week's high and ...

Call me Vidvad - I day trade futures

I bought his video course early on. I think I paid $249 for it. Today it sells for $399, and it is still worth every penny of that and more, imo. I also have his first book, which is a difficult read. He has pages of lucid prose and then it turns ...

Call me Vidvad - I day trade futures

I like the idea of taking a fixed TP on 1/2 and trail using the high/low of the last 5 minute bar as the refernce for the stop level. The ES just doesn't trend on enough days, however, not to take some profits, especially if price moves to an ...

Call me Vidvad - I day trade futures