Hey Shark If we did close as is this would be a pinbar at a swing high. Of course still 3 hours to go so i tend not to check the daily until near close time b/c much can change. I have posted a chart of the problem area with this pin. Since we are ...

james16 Chart Thread

Steve awesome to hear bud! Keep us all updated been a pleasure to watch the full progression to full time trader. Mike

Steviet's Live Trades!

i assume you mean the bar at the top as shown below. Then yes. Not the longest nose but great location. Enjoy the weekend Mike

james16 Chart Thread

really short and eloquent post Wiz

james16 Chart Thread

a word on losses — There are a couple of us who have been trading DIBS from the start. Our win rates VERY low, our ROI very High. That should tell you something. Don't trade to be right, trade to make money as Peter has shown

No Free Lunch but all the Free Coffee you can drink

Because I feel this may be one of the last posts from you Peter, you have not only my thanks, but my respect. Thanks again. Truly. -Mike

No Free Lunch but all the Free Coffee you can drink

Hey Simon, That third bar is a neutral bar, the open and close are located in the middle of the bar indicating indecision.(first bar is neutral, second is pretty neutral also) Take care -Mike

james16 Chart Thread

tiki i love ya man, but if this one hit your stop you would have lost like 15%?!

Tiki Trader Trades

Yep you got it

No Free Lunch but all the Free Coffee you can drink

Hey caesar If you choose to play a retracement you can put a blind sell order at any level you are comfortable with. That is all up to you. Some put the sell at the left eye, other at a fib level. Some will look for PA at the fib levels. There is no ...

james16 Chart Thread

Just wanted to drop in and say hi and great job Tiki keep up the great work, you are showing true discipline and patience, the keys to trading in my eyes

Tiki Trader Trades

the "gaping" whole was not just oanda as a broker. Just search around on these boards, and many others for the quick change brokers made. Quite fascinating, but not for those trying to trade it

Can a system stop working when many people use it?

Hey Urchman, I think you got this confused a bit. We want the nose to be longer to the down side for it to be a Pinbar. The long nose is going to go opposite where price is actually headed. In this case this is really nothing more then a neutral ...

james16 Chart Thread

.

Can a system stop working when many people use it?

Not me, especially not the 4hr charts also. To many IBs on the 4hr charts. Some do, I don't personally. I like to see momentum(follow through) with the next bar Take care Mike

james16 Chart Thread

Hey If you look at the next bar after the pinbar, neither broke the pinbar low(in first case) and high in second case. A good deal of us(if not most) cancel our orders if the next bar does not trigger (the low or high). A pinbar is not valid unless ...

james16 Chart Thread

this was all but a give me 4hr pb with a gap to close

james16 Chart Thread

LOL mark, you mean you are crying all the way to the bank on trades like this.

james16 Chart Thread

that is a hell of a trade mark , i got in a small cad breakout way later today

james16 Chart Thread

check out pring on price patterns for a book all the price action you need is also located in the james16 thread on this site

Price Action Forex Book