lol look above u

MB Trading Futures - Introduction

Hey Bernie A very common mistake is not understanding the bid/ask and this is what I am assuming happened to you. For example. We always Buy at the ask, and sell at the bid. Think of it this way, the bid and the ask is what your broker is willing to ...

SL hit - but candle not close to SL?

sorry tiki i meant the EUR/CHF weekly pin I hope i still made your day!

Tiki Trader Trades

holding that long negative for b/e !? just playing with ya I am still holding this one and moved my stops up a bit

Tiki Trader Trades

that is a neutral bar (open and close in middle of bar), this indicates indecision Mike

james16 Chart Thread

The stop loss would always be above the pinbar(in this case the high), and entry would always be the break of the low of the pinbar. I will PM you the link Mike ah you can't receive PMs yet. Go to the james16 website and then go to the guest area. ...

james16 Chart Thread

First chart is the hourly zoomed out You can see things have been a bit choppy but overall the choppiness has gone up. So taking a pinbar short, you have to fight a lot of this chop. Being the hourly you have even more noise. The orange line ...

james16 Chart Thread

Shay here is a trade on the daily timeframe, all the things James teaches. Pinbar at a swing high. The beauty of this? I check it at the close of the daily each day and it takes me less then 5 mins to decide to move my stops to lock in profit. You ...

james16 Chart Thread

My ALARM ALERT WENT OFF : Shay, listen to Racz and James when they say trade the higher timeframes. Learn to be profitable off the daily/weekly with proper Money Mgmt. They say it b/c most trade the lower timeframes, and don't even give themselves ...

james16 Chart Thread

rofl "bad assumption my frigid Norwegian ass!"

subprime - it takes a cartoon to understand this stuff...

Hey Shay That bar before the current closed bar is the Sunday bar, and we ignore that in our analysis(according to James). So really that is just a Bullish Bar. Had that been an actual daily bar, then it would have been correct pattern. Take care ...

james16 Chart Thread

mine

Show your workstation II

Try to understand what is taking place for a false breakout to occur. What type of orders may begin to stack around a breakout and how would this look on your chart/ticker? I believe understand the dynamics behind your trading, helps clear the ...

(False) Breakout & Trend Reversal Strategies??

not bad I prefer

Post Your Best Indicator Thread

Ok I see the 4hr pin you are talking about Here is a chart. It is a pin, but we want to look for the ones with a longer nose. If you look at the high of the pin and the high of the previous bar they are not very far apart. This is why stick to the ...

james16 Chart Thread

Hey Krazy Would help if you could post a chart as I don't see any pinbar on the daily or 4hr. And yes higher timeframes are more reliable. Stick to the daily/weekly and simply look for the PA bars that jump out and smack you in the face Mike

james16 Chart Thread

The point of the 1kt room as I understand it was to have a place where more experienced(not necessarily profitable) traders could go and have fluid conversations. If you have spent time on the public side you get many nice looking threads that are ...

1KT

Matching bar lows can be a good place to play breakouts I am a bigger fan of playing breakouts and waiting for a pullback. Then on the pullback looking for PA. On the chart below, we can see shorting would be fighting a very strong uptrend. Orange ...

james16 Chart Thread

yep waiting is better then trading most times. I agree, and will wait for signs to get back in short on the longer term.

james16 Chart Thread