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mbqb11 replied Jul 19, 2007well i didn't read that whole post but from your excerpt the person was saying how there is resistance at 10/30 area. Once this "area" breaks, the bulls should resume. Again a break is kind of a loose term here. Just case euro goes to 1.3831, ...
Break Below/Above Question
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mbqb11 replied Jul 19, 2007I just responded with same thing in PM to tiki, but in case others are intereted. Much like any PA bar you can play them as soon as the bar closes(most aggressive) you can play a retracement(semi-aggressive), or you can wait for a break of the bar ...
james16 Chart Thread
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mbqb11 replied Jul 19, 2007usually when they speak of a break it is simply pricing moving through that point. But depending on how it is worded or the so-called analyst, a break may mean a close above the price on a certain timeframe. But for the most times it is just a ...
Break Below/Above Question
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mbqb11 replied Jul 19, 2007I think they are just confirmation/receipt and then your access to the PF? Shot in the dark been so long
james16 Chart Thread
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mbqb11 replied Jul 19, 2007be careful here, a lot of people get confused. That bar yesterday is a neutral bar(shows indecision). When the open and close are located in the middle of the bar. Look back 6 bars on your chart, that tall thing sticking out. That is a pinnochio(pin ...
james16 Chart Thread
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mbqb11 replied Jul 19, 2007This is an inside bar, and a TBL(two bar low), which is showing we are sitting on some support. I wouldn't put too much into this setup on the 4hr timeframe, as this happens a lot, with a lot of falses. Since you are new to PA, stick to the daily ...
james16 Chart Thread
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mbqb11 replied Jul 18, 2007Hey attic, thought I would chime in here with some of my personal experiences. This has been a big topic lately, so your question kind of triggered a ramble. A lot of people have trouble setting their stops and TPs. I have noticed the last few pages ...
james16 Chart Thread
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mbqb11 replied Jul 18, 2007i got more time then i know what to do with but you always got Threads: 18,871, Posts: 292,508, Members: 27,450 friends
Are Trader Lonely people??
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mbqb11 replied Jul 17, 2007Hey Dan, Yes, you want the nose portion to go past the low(when looking for a long), or past the previous bar(s) high(when looking for a short). The more the nose protrudes away from the previous bars the better a pinbar. I may be missing your ...
james16 Chart Thread
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mbqb11 replied Jul 17, 2007really well said. I have become quite emotionless, but I never really thought of it like this. My emotion has shifted from anything to do with wins/losses/$$ to that of focusing on executing my trading plan. The only time I ever get emotional is ...
Lack of emotions?
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mbqb11 replied Jul 17, 2007I do agree with you here dan about the pair running sideways. If anything I would use this for a breakout play. But be careful about calling yesterdays bar a pinbar. It looks like a pinbar(by shape), but since it is an inside bar, that is all it is. ...
james16 Chart Thread
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mbqb11 replied Jul 17, 2007jeez that breakout was as nice and easy as it gets, doh for not being in these markets
james16 Chart Thread
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mbqb11 replied Jul 16, 2007most of trading is waiting, trading is extremely boring
james16 Chart Thread
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mbqb11 replied Jul 16, 2007I use IBFX and north finance...IBFX daily closes at 8pm eastern and north finance i forget maybe 6pm eastern
james16 Chart Thread
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mbqb11 replied Jul 16, 2007yeah it all depends on your brokers timezone. Remember tho, price is still price. Nothing is different, just our view. A brokers charting platform is just a box through which we view price. Mike
james16 Chart Thread
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mbqb11 replied Jul 16, 2007For my 4hour trading I don't pay attention to PPZs or emas the same way others do. I use that stuff for my entry criteria. But if a PA bar meets my entry criteria, that is all that matters. Daily/weekly charts is different Best, Mike
james16 Chart Thread
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mbqb11 replied Jul 16, 2007lol I stopped for awhile, but after missing a bunch of nice ones on this feed I am back too it now(especially that usd/cad one)
james16 Chart Thread